SOCO IMMO: 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 IMMO
Largest movements
- Tangible fixed assets -€40,954
down €40,954 (-6.9%), from €589,346 to €548,392
of which Land and buildings: -€33,499
- Cash -€34,924
down €34,924 (-57.8%), from €60,472 to €25,548
mainly Contributions, distributions and other (-€50,000) and Debts after one year (-€45,812)
- Debts after one year -€45,812
down €45,812 (-61.0%), from €75,081 to €29,269
- Reserves -€21,525
down €21,525 (-8.0%), from €270,554 to €249,029
of which Tax-exempt reserves: -€22,886
- Provisions -€7,628
down €7,628 (-10.0%), from €76,280 to €68,652
- Taxes +€3,474
up €3,474 (+20.5%), from €16,914 to €20,387
- Gross operating margin +€3,178
up €3,178 (+3.6%), from €88,161 to €91,339
- Financial charges -€1,105
down €1,105 (-31.8%), from €3,473 to €2,367
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 | €658,047 | €585,594 | -€72,452 | -11.0% |
| Fixed assets | 21/28 | €589,395 | €548,441 | -€40,954 | -6.9% |
| Tangible fixed assets | 22/27 | €589,346 | €548,392 | -€40,954 | -6.9% |
| Land and buildings | 22 | €456,527 | €423,028 | -€33,499 | -7.3% |
| Plant, machinery and equipment | 23 | €36,532 | €29,076 | -€7,455 | -20.4% |
| Other tangible fixed assets | 26 | €96,287 | €96,287 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €68,651 | €37,153 | -€31,498 | -45.9% |
| Amounts receivable within one year | 40/41 | €3,128 | €5,555 | +€2,427 | +77.6% |
| Trade receivables | 40 | €2,982 | €5,555 | +€2,573 | +86.3% |
| Other amounts receivable | 41 | €146 | €0 | -€146 | -100.0% |
| Current investments | 50/53 | €5,051 | €6,050 | +€999 | +19.8% |
| Cash at bank and in hand | 54/58 | €60,472 | €25,548 | -€34,924 | -57.8% |
| Total equity and liabilities | 10/49 | €658,047 | €585,594 | -€72,452 | -11.0% |
| Equity | 10/15 | €370,554 | €349,029 | -€21,525 | -5.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €270,554 | €249,029 | -€21,525 | -8.0% |
| Tax-exempt reserves | 132 | €260,577 | €237,691 | -€22,886 | -8.8% |
| Distributable reserves | 133 | €9,976 | €11,338 | +€1,361 | +13.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €76,280 | €68,652 | -€7,628 | -10.0% |
| Deferred taxes | 168 | €76,280 | €68,652 | -€7,628 | -10.0% |
| Amounts payable | 17/49 | €211,213 | €167,914 | -€43,300 | -20.5% |
| Amounts payable after more than one year | 17 | €75,081 | €29,269 | -€45,812 | -61.0% |
| Financial debts | 170/4 | €75,081 | €29,269 | -€45,812 | -61.0% |
| Amounts payable within one year | 42/48 | €136,132 | €138,499 | +€2,367 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €84,219 | €85,812 | +€1,593 | +1.9% |
| Taxes, remuneration and social security | 45 | €1,914 | €2,687 | +€773 | +40.4% |
| Taxes | 450/3 | €1,914 | €2,687 | +€773 | +40.4% |
| Other amounts payable | 47/48 | €50,000 | €50,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €146 | +€146 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,954 | €40,954 | = | 0.0% |
| Other operating charges | 640/8 | €6,821 | €7,028 | +€207 | +3.0% |
| Non-recurring operating charges | 66A | €220 | €0 | -€220 | -100.0% |
| Gross operating margin | 9900 | €88,161 | €91,339 | +€3,178 | +3.6% |
| Operating profit (loss) | 9901 | €40,166 | €43,356 | +€3,191 | +7.9% |
| Financial income | 75/76B | €228 | €245 | +€18 | +7.7% |
| Recurring financial income | 75 | €228 | €245 | +€18 | +7.7% |
| Financial charges | 65/66B | €3,473 | €2,367 | -€1,105 | -31.8% |
| Recurring financial charges | 65 | €3,473 | €2,367 | -€1,105 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €36,921 | €41,234 | +€4,313 | +11.7% |
| Transfer from deferred taxes | 780 | €7,628 | €7,628 | = | 0.0% |
| Income taxes | 67/77 | €16,914 | €20,387 | +€3,474 | +20.5% |
| Profit (loss) for the period | 9904 | €27,635 | €28,475 | +€840 | +3.0% |
| Transfer from tax-exempt reserves | 789 | €22,886 | €22,886 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,521 | €51,361 | +€840 | +1.7% |
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 2 October 2026 via checked.be.