SOCO: 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.
SOCO
Largest movements
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Cash +€258,336
up €258,336 (+455.8%), from €56,672 to €315,008
mainly Current investments (+€300,000) and Net result for the year (+€38,309)
- Receivables within one year +€108,816
up €108,816 (+38.2%), from €285,161 to €393,977
of which Trade receivables: +€80,628
- Tangible fixed assets -€17,817
down €17,817 (-68.1%), from €26,182 to €8,365
- Reserves +€38,300
up €38,300 (+2.7%), from €1.4m to €1.5m
of which Distributable reserves: +€38,300
- Provisions +€36,750
up €36,750, from -€36,750 to €0
- Taxes -€10,990
down €10,990 (-41.4%), from €26,576 to €15,586
- Financial income -€4,913
down €4,913 (-26.0%), from €18,933 to €14,020
- Depreciation -€617
down €617 (-3.3%), from €18,434 to €17,817
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 | €1,452,594 | €1,496,712 | +€44,118 | +3.0% |
| Fixed assets | 21/28 | €421,950 | €404,133 | -€17,817 | -4.2% |
| Tangible fixed assets | 22/27 | €26,182 | €8,365 | -€17,817 | -68.1% |
| Furniture and vehicles | 24 | €26,182 | €8,365 | -€17,817 | -68.1% |
| Financial fixed assets | 28 | €395,768 | €395,768 | = | 0.0% |
| Current assets | 29/58 | €1,030,644 | €1,092,580 | +€61,935 | +6.0% |
| Amounts receivable after more than one year | 29 | €375,000 | €375,000 | = | 0.0% |
| Other amounts receivable | 291 | €375,000 | €375,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €285,161 | €393,977 | +€108,816 | +38.2% |
| Trade receivables | 40 | €156,603 | €237,231 | +€80,628 | +51.5% |
| Other amounts receivable | 41 | €128,558 | €156,746 | +€28,188 | +21.9% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €56,672 | €315,008 | +€258,336 | +455.8% |
| Deferred charges and accrued income | 490/1 | €13,812 | €8,595 | -€5,217 | -37.8% |
| Total equity and liabilities | 10/49 | €1,452,594 | €1,496,712 | +€44,118 | +3.0% |
| Equity | 10/15 | €1,446,003 | €1,484,312 | +€38,309 | +2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,439,194 | €1,477,494 | +€38,300 | +2.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,439,194 | €1,477,494 | +€38,300 | +2.7% |
| Profit (loss) carried forward | 14 | €609 | €619 | +€9 | +1.5% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €6,591 | €12,400 | +€5,809 | +88.1% |
| Amounts payable within one year | 42/48 | €6,531 | €12,273 | +€5,742 | +87.9% |
| Trade debts | 44 | €1,881 | €530 | -€1,352 | -71.8% |
| Suppliers | 440/4 | €1,881 | €530 | -€1,352 | -71.8% |
| Taxes, remuneration and social security | 45 | €4,650 | €11,743 | +€7,093 | +152.5% |
| Taxes | 450/3 | €4,650 | €11,743 | +€7,093 | +152.5% |
| Accrued charges and deferred income | 492/3 | €60 | €127 | +€67 | +112.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,434 | €17,817 | -€617 | -3.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€36,750 | €0 | +€36,750 | |
| Other operating charges | 640/8 | €2,331 | €2,020 | -€311 | -13.3% |
| Gross operating margin | 9900 | €60,392 | €60,258 | -€134 | -0.2% |
| Operating profit (loss) | 9901 | €76,377 | €40,420 | -€35,957 | -47.1% |
| Financial income | 75/76B | €18,933 | €14,020 | -€4,913 | -26.0% |
| Recurring financial income | 75 | €18,933 | €14,020 | -€4,913 | -26.0% |
| Financial charges | 65/66B | €1,008 | €545 | -€463 | -46.0% |
| Recurring financial charges | 65 | €1,008 | €545 | -€463 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €94,301 | €53,895 | -€40,406 | -42.8% |
| Income taxes | 67/77 | €26,576 | €15,586 | -€10,990 | -41.4% |
| Profit (loss) for the period | 9904 | €67,725 | €38,309 | -€29,416 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,725 | €38,309 | -€29,416 | -43.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.