SOCOA: 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.
SOCOA
Largest movements
- Tangible fixed assets +€139,795
up €139,795 (+2318.5%), from €6,030 to €145,825
of which Land and buildings: +€142,715
- Cash -€7,529
down €7,529 (-72.5%), from €10,382 to €2,853
mainly Investment in fixed assets (net) (-€146,871) and Net result for the year (-€13,522)
- Receivables within one year -€3,802
down €3,802 (-70.8%), from €5,366 to €1,565
of which Other amounts receivable: -€3,427
- Other debts +€119,397
new in 2025: €119,397
- Trade debts +€20,910
up €20,910 (+4790.6%), from €436 to €21,346
- Profit (loss) carried forward -€13,522
down €13,522 (-48.4%), from €27,916 to €14,394
- Purchases and services -€59,174
no longer reported in 2025 (was €59,174)
- Turnover -€51,872
no longer reported in 2025 (was €51,872)
- Depreciation +€4,135
up €4,135 (+140.6%), from €2,940 to €7,076
- Gross operating margin +€1,991
up €1,991 (+27.3%), from -€7,301 to -€5,311
- Staff costs +€807
new in 2025: €807
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 | €35,923 | €163,353 | +€127,431 | +354.7% |
| Fixed assets | 21/28 | €6,530 | €146,325 | +€139,795 | +2140.9% |
| Tangible fixed assets | 22/27 | €6,030 | €145,825 | +€139,795 | +2318.5% |
| Land and buildings | 22 | - | €142,715 | +€142,715 | |
| Furniture and vehicles | 24 | €6,030 | €3,110 | -€2,920 | -48.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €29,393 | €17,028 | -€12,365 | -42.1% |
| Stocks and contracts in progress | 3 | €13,541 | €12,611 | -€930 | -6.9% |
| Stocks | 30/36 | €13,541 | €12,611 | -€930 | -6.9% |
| Amounts receivable within one year | 40/41 | €5,366 | €1,565 | -€3,802 | -70.8% |
| Trade receivables | 40 | €573 | €198 | -€375 | -65.4% |
| Other amounts receivable | 41 | €4,793 | €1,366 | -€3,427 | -71.5% |
| Cash at bank and in hand | 54/58 | €10,382 | €2,853 | -€7,529 | -72.5% |
| Deferred charges and accrued income | 490/1 | €104 | - | -€104 | |
| Total equity and liabilities | 10/49 | €35,923 | €163,353 | +€127,431 | +354.7% |
| Equity | 10/15 | €30,416 | €16,894 | -€13,522 | -44.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,916 | €14,394 | -€13,522 | -48.4% |
| Amounts payable | 17/49 | €5,507 | €146,459 | +€140,953 | +2559.7% |
| Amounts payable within one year | 42/48 | €5,507 | €146,459 | +€140,953 | +2559.7% |
| Trade debts | 44 | €436 | €21,346 | +€20,910 | +4790.6% |
| Suppliers | 440/4 | €436 | €21,346 | +€20,910 | +4790.6% |
| Taxes, remuneration and social security | 45 | €5,070 | €5,716 | +€646 | +12.7% |
| Taxes | 450/3 | €5,070 | €2,966 | -€2,104 | -41.5% |
| Remuneration and social security | 454/9 | - | €2,750 | +€2,750 | |
| Other amounts payable | 47/48 | - | €119,397 | +€119,397 | |
| Turnover | 70 | €51,872 | - | -€51,872 | |
| Goods, raw materials, services and sundry goods | 60/61 | €59,174 | - | -€59,174 | |
| Remuneration, social security and pensions | 62 | - | €807 | +€807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,940 | €7,076 | +€4,135 | +140.6% |
| Other operating charges | 640/8 | €102 | €171 | +€69 | +67.7% |
| Gross operating margin | 9900 | -€7,301 | -€5,311 | +€1,991 | +27.3% |
| Operating profit (loss) | 9901 | -€10,344 | -€13,365 | -€3,021 | -29.2% |
| Financial income | 75/76B | €302 | - | -€302 | |
| Recurring financial income | 75 | €302 | - | -€302 | |
| Financial charges | 65/66B | €137 | €97 | -€40 | -29.0% |
| Recurring financial charges | 65 | €137 | €97 | -€40 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | -€10,179 | -€13,462 | -€3,283 | -32.3% |
| Income taxes | 67/77 | €128 | €60 | -€68 | -53.2% |
| Profit (loss) for the period | 9904 | -€10,307 | -€13,522 | -€3,215 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,307 | -€13,522 | -€3,215 | -31.2% |
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.