SOCHRIMAN: 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.
What changed
SOCHRIMAN
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€200,859
2024 · €160,296+€40,563
Equity
€2.3m
2024 · €2.2m+€147,155
Cash
€21,254
2024 · €31,175-€9,921
Balance sheet total
€2.4m
2024 · €2.4m+€10,602
Largest movements
Assets
- Receivables within one year +€43,061
up €43,061 (+13.7%), from €314,570 to €357,631
of which Other amounts receivable: +€43,061
Equity and liabilities
- Reserves +€147,155
up €147,155 (+7.1%), from €2.1m to €2.2m
of which Distributable reserves: +€147,155
- Debts after one year -€90,000
down €90,000 (-100%), from €90,000 to €0
- Current portion of long-term debt -€55,355
down €55,355 (-38.1%), from €145,355 to €90,000
Income statement
- Gross operating margin +€56,438
up €56,438 (+22.5%), from €251,237 to €307,675
- Taxes +€37,009
up €37,009 (+71.1%), from €52,019 to €89,028
- Financial charges -€22,333
down €22,333 (-87.2%), from €25,619 to €3,286
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.
Result 2024
€160,296
Gross operating margin
+€56,438
Depreciation
-€1,500
Other operating charges
-€627
Financial income
+€928
Financial charges
+€22,333
Taxes
-€37,009
Result 2025
€200,859
raises the resultlowers the result
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.
From operations
+€187,636
Investment
+€1,502
Financing
-€199,059
Cash 2024
€31,175
From operations (derived)
+€187,636
Net result for the year
+€200,859
Depreciation
+€21,455
Receivables within one year
-€43,061
Smaller working-capital items
-€529
Tax, wage and social debts
+€20,514
Other debts
-€11,602
Investment (derived)
+€1,502
Investment in fixed assets (net)
+€180
Current investments
+€1,322
Financing
-€199,059
Debts after one year
-€90,000
Current portion of long-term debt
-€55,355
Contributions, distributions and other
-€53,704
Cash 2025
€21,254
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,428,884 | €2,439,485 | +€10,602 | +0.4% |
| Fixed assets | 21/28 | €2,068,282 | €2,046,648 | -€21,635 | -1.0% |
| Tangible fixed assets | 22/27 | €68,102 | €46,648 | -€21,455 | -31.5% |
| Plant, machinery and equipment | 23 | €58 | €0 | -€58 | -100% |
| Furniture and vehicles | 24 | €57,505 | €37,397 | -€20,108 | -35.0% |
| Other tangible fixed assets | 26 | €10,539 | €9,251 | -€1,288 | -12.2% |
| Financial fixed assets | 28 | €2,000,180 | €2,000,000 | -€180 | 0.0% |
| Current assets | 29/58 | €360,602 | €392,838 | +€32,236 | +8.9% |
| Amounts receivable within one year | 40/41 | €314,570 | €357,631 | +€43,061 | +13.7% |
| Trade receivables | 40 | €36,300 | €36,300 | = | 0.0% |
| Other amounts receivable | 41 | €278,270 | €321,331 | +€43,061 | +15.5% |
| Current investments | 50/53 | €13,182 | €11,860 | -€1,322 | -10.0% |
| Cash at bank and in hand | 54/58 | €31,175 | €21,254 | -€9,921 | -31.8% |
| Deferred charges and accrued income | 490/1 | €1,675 | €2,093 | +€419 | +25.0% |
| Total equity and liabilities | 10/49 | €2,428,884 | €2,439,485 | +€10,602 | +0.4% |
| Equity | 10/15 | €2,157,922 | €2,305,077 | +€147,155 | +6.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,083,229 | €2,230,384 | +€147,155 | +7.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €268 | €268 | = | 0.0% |
| Distributable reserves | 133 | €2,080,961 | €2,228,116 | +€147,155 | +7.1% |
| Profit (loss) carried forward | 14 | €54,694 | €54,694 | = | 0.0% |
| Amounts payable | 17/49 | €270,962 | €134,408 | -€136,553 | -50.4% |
| Amounts payable after more than one year | 17 | €90,000 | €0 | -€90,000 | -100% |
| Financial debts | 170/4 | €90,000 | €0 | -€90,000 | -100% |
| Amounts payable within one year | 42/48 | €180,847 | €134,408 | -€46,438 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €145,355 | €90,000 | -€55,355 | -38.1% |
| Trade debts | 44 | €1,241 | €1,245 | +€4 | +0.4% |
| Suppliers | 440/4 | €1,241 | €1,245 | +€4 | +0.4% |
| Taxes, remuneration and social security | 45 | €22,649 | €43,163 | +€20,514 | +90.6% |
| Taxes | 450/3 | €22,649 | €43,163 | +€20,514 | +90.6% |
| Other amounts payable | 47/48 | €11,602 | €0 | -€11,602 | -100% |
| Accrued charges and deferred income | 492/3 | €115 | €0 | -€115 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,954 | €21,455 | +€1,500 | +7.5% |
| Other operating charges | 640/8 | €1,692 | €2,319 | +€627 | +37.0% |
| Gross operating margin | 9900 | €251,237 | €307,675 | +€56,438 | +22.5% |
| Operating profit (loss) | 9901 | €229,591 | €283,902 | +€54,311 | +23.7% |
| Financial income | 75/76B | €8,343 | €9,272 | +€928 | +11.1% |
| Recurring financial income | 75 | €8,343 | €9,272 | +€928 | +11.1% |
| Financial charges | 65/66B | €25,619 | €3,286 | -€22,333 | -87.2% |
| Recurring financial charges | 65 | €25,619 | €3,286 | -€22,333 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | €212,315 | €289,887 | +€77,572 | +36.5% |
| Income taxes | 67/77 | €52,019 | €89,028 | +€37,009 | +71.1% |
| Profit (loss) for the period | 9904 | €160,296 | €200,859 | +€40,563 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €160,296 | €200,859 | +€40,563 | +25.3% |
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 31 October 2026 via checked.be.