SOCHALI PARTICIPATIONS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SOCHALI PARTICIPATIONS
Largest movements
- Cash -€8.3m
down €8.3m (-99.8%), from €8.3m to €13,416
mainly Current investments (-€8.2m) and Other debts (-€1.8m)
- Current investments +€8.2m
up €8.2m (+10.1%), from €80.8m to €88.9m
- Reserves +€2.6m
up €2.6m (+3.1%), from €86.1m to €88.7m
of which Distributable reserves: +€2.6m
- Other debts -€1.8m
down €1.8m (-94.3%), from €1.9m to €105,035
- Tax, wage and social debts -€953,703
down €953,703 (-90.0%), from €1.1m to €105,937
- Financial income -€5.8m
down €5.8m (-59.9%), from €9.7m to €3.9m
- Taxes -€1.5m
down €1.5m (-63.2%), from €2.4m to €879,715
- Gross operating margin -€120,064
down €120,064 (-50.5%), from -€237,589 to -€357,652
- Financial charges -€9,065
down €9,065 (-81.1%), from €11,182 to €2,117
- Other operating charges +€8,092
up €8,092 (+836%), from €968 to €9,060
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,077,643 | €89,005,187 | -€72,456 | -0.1% |
| Current assets | 29/58 | €89,077,643 | €89,005,187 | -€72,456 | -0.1% |
| Amounts receivable within one year | 40/41 | €0 | €50,285 | +€50,285 | |
| Other amounts receivable | 41 | €0 | €50,285 | +€50,285 | |
| Current investments | 50/53 | €80,770,892 | €88,941,485 | +€8.2m | +10.1% |
| Cash at bank and in hand | 54/58 | €8,306,751 | €13,416 | -€8.3m | -99.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €89,077,643 | €89,005,187 | -€72,456 | -0.1% |
| Equity | 10/15 | €86,157,503 | €88,788,587 | +€2.6m | +3.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €86,096,003 | €88,727,087 | +€2.6m | +3.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €999,997 | €999,997 | = | 0.0% |
| Distributable reserves | 133 | €85,089,856 | €87,720,940 | +€2.6m | +3.1% |
| Amounts payable | 17/49 | €2,920,139 | €216,599 | -€2.7m | -92.6% |
| Amounts payable within one year | 42/48 | €2,920,139 | €216,599 | -€2.7m | -92.6% |
| Trade debts | 44 | €1,964 | €5,627 | +€3,663 | +187% |
| Suppliers | 440/4 | €1,964 | €5,627 | +€3,663 | +187% |
| Taxes, remuneration and social security | 45 | €1,059,640 | €105,937 | -€953,703 | -90.0% |
| Taxes | 450/3 | €1,059,640 | €105,937 | -€953,703 | -90.0% |
| Other amounts payable | 47/48 | €1,858,535 | €105,035 | -€1.8m | -94.3% |
| Other operating charges | 640/8 | €968 | €9,060 | +€8,092 | +836% |
| Gross operating margin | 9900 | -€237,589 | -€357,652 | -€120,064 | -50.5% |
| Operating profit (loss) | 9901 | -€238,556 | -€366,712 | -€128,156 | -53.7% |
| Financial income | 75/76B | €9,667,853 | €3,879,628 | -€5.8m | -59.9% |
| Recurring financial income | 75 | €9,667,853 | €3,879,628 | -€5.8m | -59.9% |
| Financial charges | 65/66B | €11,182 | €2,117 | -€9,065 | -81.1% |
| Recurring financial charges | 65 | €11,182 | €2,117 | -€9,065 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | €9,418,115 | €3,510,799 | -€5.9m | -62.7% |
| Income taxes | 67/77 | €2,393,466 | €879,715 | -€1.5m | -63.2% |
| Profit (loss) for the period | 9904 | €7,024,649 | €2,631,084 | -€4.4m | -62.5% |
| Transfer to tax-exempt reserves | 689 | €999,997 | €0 | -€999,997 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €6,024,652 | €2,631,084 | -€3.4m | -56.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.