SOCIGA: what changed
Two fiscal 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.
SOCIGA
Largest movements
- Current investments +€2.5m
new in 2024: €2.5m
- Cash -€2.1m
down €2.1m (-99.6%), from €2.1m to €9,014
mainly Current investments (-€2.5m) and Accrued charges and deferred income (-€15,842)
- Reserves +€400,775
up €400,775 (+35.2%), from €1.1m to €1.5m
of which Distributable reserves: +€400,775
- Financial income +€34,788
up €34,788 (+1223.5%), from €2,843 to €37,632
- Taxes +€14,880
up €14,880 (+8.6%), from €172,149 to €187,028
- Gross operating margin +€11,640
up €11,640 (+2.0%), from €580,098 to €591,738
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,153,539 | €2,532,833 | +€379,294 | +17.6% |
| Fixed assets | 21/28 | €43,837 | €43,837 | = | 0.0% |
| Tangible fixed assets | 22/27 | €43,837 | €43,837 | = | 0.0% |
| Land and buildings | 22 | €43,837 | €43,837 | = | 0.0% |
| Current assets | 29/58 | €2,109,702 | €2,488,997 | +€379,294 | +18.0% |
| Current investments | 50/53 | - | €2,479,983 | +€2.5m | |
| Cash at bank and in hand | 54/58 | €2,109,702 | €9,014 | -€2.1m | -99.6% |
| Total equity and liabilities | 10/49 | €2,153,539 | €2,532,833 | +€379,294 | +17.6% |
| Equity | 10/15 | €2,126,319 | €2,527,094 | +€400,775 | +18.8% |
| Contributions | 10/11 | €228,198 | €228,198 | = | 0.0% |
| Reserves | 13 | €1,139,512 | €1,540,287 | +€400,775 | +35.2% |
| Non-distributable reserves | 130/1 | €13,976 | €13,976 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,976 | €13,976 | = | 0.0% |
| Tax-exempt reserves | 132 | €848 | €848 | = | 0.0% |
| Distributable reserves | 133 | €1,124,688 | €1,525,464 | +€400,775 | +35.6% |
| Profit (loss) carried forward | 14 | €758,609 | €758,609 | = | 0.0% |
| Amounts payable | 17/49 | €27,220 | €5,739 | -€21,481 | -78.9% |
| Amounts payable within one year | 42/48 | €11,378 | €5,739 | -€5,639 | -49.6% |
| Trade debts | 44 | €82 | - | -€82 | |
| Suppliers | 440/4 | €82 | - | -€82 | |
| Taxes, remuneration and social security | 45 | €11,295 | €5,739 | -€5,557 | -49.2% |
| Taxes | 450/3 | €11,295 | €5,739 | -€5,557 | -49.2% |
| Accrued charges and deferred income | 492/3 | €15,842 | - | -€15,842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,868 | - | -€1,868 | |
| Other operating charges | 640/8 | €39,453 | €41,021 | +€1,568 | +4.0% |
| Gross operating margin | 9900 | €580,098 | €591,738 | +€11,640 | +2.0% |
| Operating profit (loss) | 9901 | €538,777 | €550,718 | +€11,940 | +2.2% |
| Financial income | 75/76B | €2,843 | €37,632 | +€34,788 | +1223.5% |
| Recurring financial income | 75 | €2,843 | €37,632 | +€34,788 | +1223.5% |
| Financial charges | 65/66B | €757 | €546 | -€212 | -27.9% |
| Recurring financial charges | 65 | €757 | €546 | -€212 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €540,863 | €587,804 | +€46,941 | +8.7% |
| Income taxes | 67/77 | €172,149 | €187,028 | +€14,880 | +8.6% |
| Profit (loss) for the period | 9904 | €368,715 | €400,775 | +€32,061 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €368,715 | €400,775 | +€32,061 | +8.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.