SOCIMED: 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.
SOCIMED
Largest movements
- Current investments +€70,000
up €70,000 (+34.1%), from €205,000 to €275,000
- Tangible fixed assets -€37,772
down €37,772 (-98.7%), from €38,289 to €517
- Cash +€31,058
up €31,058 (+62.5%), from €49,703 to €80,762
mainly Net result for the year (+€51,057) and Investment in fixed assets (net) (+€37,039)
- Reserves +€51,057
up €51,057 (+19.1%), from €266,824 to €317,880
- Tax, wage and social debts +€11,089
up €11,089 (+163.4%), from €6,786 to €17,875
- Gross operating margin -€10,573
down €10,573 (-11.4%), from €92,786 to €82,214
- Financial income +€6,183
up €6,183 (+1189.7%), from €520 to €6,703
- Depreciation -€5,963
down €5,963 (-89.1%), from €6,696 to €733
- Taxes -€3,277
down €3,277 (-10.7%), from €30,607 to €27,330
- Financial charges +€1,199
up €1,199 (+96.4%), from €1,244 to €2,443
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.
Cash bridge derived
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 | €294,012 | €356,712 | +€62,700 | +21.3% |
| Fixed assets | 21/28 | €38,289 | €517 | -€37,772 | -98.7% |
| Tangible fixed assets | 22/27 | €38,289 | €517 | -€37,772 | -98.7% |
| Furniture and vehicles | 24 | €38,289 | €517 | -€37,772 | -98.7% |
| Current assets | 29/58 | €255,723 | €356,195 | +€100,473 | +39.3% |
| Current investments | 50/53 | €205,000 | €275,000 | +€70,000 | +34.1% |
| Cash at bank and in hand | 54/58 | €49,703 | €80,762 | +€31,058 | +62.5% |
| Deferred charges and accrued income | 490/1 | €1,020 | €434 | -€586 | -57.5% |
| Total equity and liabilities | 10/49 | €294,012 | €356,712 | +€62,700 | +21.3% |
| Equity | 10/15 | €279,429 | €330,486 | +€51,057 | +18.3% |
| Contributions | 10/11 | €12,605 | €12,605 | = | 0.0% |
| Reserves | 13 | €266,824 | €317,880 | +€51,057 | +19.1% |
| Distributable reserves | 133 | €266,824 | €317,880 | +€51,057 | +19.1% |
| Amounts payable | 17/49 | €14,583 | €26,227 | +€11,644 | +79.8% |
| Amounts payable within one year | 42/48 | €14,583 | €26,227 | +€11,644 | +79.8% |
| Trade debts | 44 | €84 | €461 | +€377 | +450.3% |
| Suppliers | 440/4 | €84 | €461 | +€377 | +450.3% |
| Taxes, remuneration and social security | 45 | €6,786 | €17,875 | +€11,089 | +163.4% |
| Taxes | 450/3 | €6,786 | €17,875 | +€11,089 | +163.4% |
| Other amounts payable | 47/48 | €7,713 | €7,890 | +€178 | +2.3% |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,696 | €733 | -€5,963 | -89.1% |
| Other operating charges | 640/8 | €1,376 | €815 | -€561 | -40.7% |
| Non-recurring operating charges | 66A | - | €6,539 | +€6,539 | |
| Gross operating margin | 9900 | €92,786 | €82,214 | -€10,573 | -11.4% |
| Operating profit (loss) | 9901 | €84,715 | €74,126 | -€10,589 | -12.5% |
| Financial income | 75/76B | €520 | €6,703 | +€6,183 | +1189.7% |
| Recurring financial income | 75 | €520 | €6,703 | +€6,183 | +1189.7% |
| Financial charges | 65/66B | €1,244 | €2,443 | +€1,199 | +96.4% |
| Recurring financial charges | 65 | €1,244 | €2,443 | +€1,199 | +96.4% |
| Profit (loss) for the period before taxes | 9903 | €83,991 | €78,386 | -€5,605 | -6.7% |
| Income taxes | 67/77 | €30,607 | €27,330 | -€3,277 | -10.7% |
| Profit (loss) for the period | 9904 | €53,384 | €51,057 | -€2,328 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,384 | €51,057 | -€2,328 | -4.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.