Socimo: 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.
Socimo
Largest movements
- Cash +€516,487
up €516,487 (+1645.5%), from €31,388 to €547,875
mainly Net result for the year (+€508,988) and Provisions (+€182,654)
- Current investments +€253,990
up €253,990 (+535.9%), from €47,394 to €301,384
- Tangible fixed assets -€79,189
down €79,189 (-15.3%), from €517,710 to €438,521
of which Land and buildings: -€76,001
- Reserves +€547,963
up €547,963 (+283.7%), from €193,159 to €741,122
of which Tax-exempt reserves: +€547,963
- Provisions +€182,654
up €182,654 (+1574.0%), from €11,605 to €194,259
- Profit (loss) carried forward -€38,975
down €38,975 (-18.4%), from €211,361 to €172,386
- Gross operating margin +€690,846
up €690,846 (+2913.0%), from €23,716 to €714,562
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 | €598,162 | €1,289,239 | +€691,077 | +115.5% |
| Fixed assets | 21/28 | €517,710 | €438,521 | -€79,189 | -15.3% |
| Tangible fixed assets | 22/27 | €517,710 | €438,521 | -€79,189 | -15.3% |
| Land and buildings | 22 | €506,008 | €430,006 | -€76,001 | -15.0% |
| Plant, machinery and equipment | 23 | €723 | €390 | -€333 | -46.0% |
| Furniture and vehicles | 24 | €10,979 | €8,124 | -€2,854 | -26.0% |
| Current assets | 29/58 | €80,452 | €850,718 | +€770,265 | +957.4% |
| Amounts receivable within one year | 40/41 | - | €206 | +€206 | |
| Other amounts receivable | 41 | - | €206 | +€206 | |
| Current investments | 50/53 | €47,394 | €301,384 | +€253,990 | +535.9% |
| Cash at bank and in hand | 54/58 | €31,388 | €547,875 | +€516,487 | +1645.5% |
| Deferred charges and accrued income | 490/1 | €1,671 | €1,253 | -€418 | -25.0% |
| Total equity and liabilities | 10/49 | €598,162 | €1,289,239 | +€691,077 | +115.5% |
| Equity | 10/15 | €579,521 | €1,088,509 | +€508,988 | +87.8% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €193,159 | €741,122 | +€547,963 | +283.7% |
| Non-distributable reserves | 130/1 | €39,908 | €39,908 | = | 0.0% |
| Legal reserve | 130 | €39,908 | €39,908 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,814 | €582,778 | +€547,963 | +1574.0% |
| Distributable reserves | 133 | €118,436 | €118,436 | = | 0.0% |
| Profit (loss) carried forward | 14 | €211,361 | €172,386 | -€38,975 | -18.4% |
| Provisions and deferred taxes | 16 | €11,605 | €194,259 | +€182,654 | +1574.0% |
| Deferred taxes | 168 | €11,605 | €194,259 | +€182,654 | +1574.0% |
| Amounts payable | 17/49 | €7,037 | €6,471 | -€566 | -8.0% |
| Amounts payable after more than one year | 17 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 178/9 | €4,000 | €4,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,011 | €2,471 | +€1,460 | +144.4% |
| Financial debts | 43 | - | €333 | +€333 | |
| Credit institutions | 430/8 | - | €333 | +€333 | |
| Trade debts | 44 | €674 | €1,873 | +€1,199 | +178.0% |
| Suppliers | 440/4 | €674 | €1,873 | +€1,199 | +178.0% |
| Taxes, remuneration and social security | 45 | €191 | €191 | = | 0.0% |
| Taxes | 450/3 | €191 | €191 | = | 0.0% |
| Other amounts payable | 47/48 | €146 | €74 | -€72 | -49.2% |
| Accrued charges and deferred income | 492/3 | €2,026 | - | -€2,026 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,181 | €22,307 | +€6,126 | +37.9% |
| Other operating charges | 640/8 | €8,288 | €6,105 | -€2,183 | -26.3% |
| Gross operating margin | 9900 | €23,716 | €714,562 | +€690,846 | +2913.0% |
| Operating profit (loss) | 9901 | -€753 | €686,150 | +€686,902 | |
| Financial income | 75/76B | €9,368 | €3,874 | -€5,495 | -58.7% |
| Recurring financial income | 75 | €9,368 | €3,874 | -€5,495 | -58.7% |
| Financial charges | 65/66B | -€1,118 | -€1,619 | -€501 | -44.8% |
| Recurring financial charges | 65 | -€1,118 | -€1,619 | -€501 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €9,734 | €691,643 | +€681,909 | +7005.4% |
| Transfer from deferred taxes | 780 | €115 | €356 | +€240 | +208.9% |
| Transfer to deferred taxes | 680 | - | €183,010 | +€183,010 | |
| Income taxes | 67/77 | €927 | - | -€927 | |
| Profit (loss) for the period | 9904 | €8,922 | €508,988 | +€500,066 | +5604.6% |
| Transfer from tax-exempt reserves | 789 | €345 | €1,067 | +€721 | +208.9% |
| Transfer to tax-exempt reserves | 689 | - | €549,030 | +€549,030 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,268 | -€38,975 | -€48,243 |
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 5 October 2026 via checked.be.