SOCOC: what changed
Two financial 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.
SOCOC
Largest movements
- Cash +€29,305
up €29,305 (+66.6%), from €44,034 to €73,339
mainly Net result for the year (+€15,210) and Trade debts (+€5,189)
- Tangible fixed assets -€3,835
down €3,835 (-11.3%), from €33,898 to €30,063
- Receivables within one year -€3,119
down €3,119 (-8.3%), from €37,792 to €34,673
of which Trade receivables: -€4,178
- Reserves +€15,210
up €15,210 (+109%), from €13,915 to €29,125
of which Distributable reserves: +€15,210
- Trade debts +€5,189
up €5,189 (+16.5%), from €31,442 to €36,631
- Tax, wage and social debts +€1,952
up €1,952 (+19.8%), from €9,850 to €11,802
- Gross operating margin +€3,622
up €3,622 (+15.0%), from €24,126 to €27,748
- Taxes +€2,078
up €2,078 (+40.1%), from €5,182 to €7,260
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €121,854 | €144,205 | +€22,351 | +18.3% |
| Fixed assets | 21/28 | €39,073 | €35,238 | -€3,835 | -9.8% |
| Tangible fixed assets | 22/27 | €33,898 | €30,063 | -€3,835 | -11.3% |
| Land and buildings | 22 | €33,898 | €30,063 | -€3,835 | -11.3% |
| Financial fixed assets | 28 | €5,175 | €5,175 | = | 0.0% |
| Current assets | 29/58 | €82,781 | €108,967 | +€26,186 | +31.6% |
| Amounts receivable within one year | 40/41 | €37,792 | €34,673 | -€3,119 | -8.3% |
| Trade receivables | 40 | €36,505 | €32,327 | -€4,178 | -11.4% |
| Other amounts receivable | 41 | €1,287 | €2,346 | +€1,059 | +82.3% |
| Cash at bank and in hand | 54/58 | €44,034 | €73,339 | +€29,305 | +66.6% |
| Deferred charges and accrued income | 490/1 | €955 | €955 | = | 0.0% |
| Total equity and liabilities | 10/49 | €121,854 | €144,205 | +€22,351 | +18.3% |
| Equity | 10/15 | €68,766 | €83,976 | +€15,210 | +22.1% |
| Contributions | 10/11 | €9,916 | €9,916 | = | 0.0% |
| Capital | 10 | €9,916 | - | -€9,916 | |
| Issued capital | 100 | €9,916 | - | -€9,916 | |
| Reserves | 13 | €13,915 | €29,125 | +€15,210 | +109% |
| Non-distributable reserves | 130/1 | €915 | €915 | = | 0.0% |
| Legal reserve | 130 | €915 | - | -€915 | |
| Reserves not available under the articles | 1311 | - | €915 | +€915 | |
| Distributable reserves | 133 | €13,000 | €28,210 | +€15,210 | +117% |
| Profit (loss) carried forward | 14 | €44,935 | €44,935 | = | 0.0% |
| Amounts payable | 17/49 | €53,088 | €60,229 | +€7,141 | +13.5% |
| Amounts payable after more than one year | 17 | €7,896 | €7,896 | = | 0.0% |
| Financial debts | 170/4 | €7,896 | €7,896 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,192 | €52,333 | +€7,141 | +15.8% |
| Trade debts | 44 | €31,442 | €36,631 | +€5,189 | +16.5% |
| Suppliers | 440/4 | €31,442 | €36,631 | +€5,189 | +16.5% |
| Taxes, remuneration and social security | 45 | €9,850 | €11,802 | +€1,952 | +19.8% |
| Taxes | 450/3 | €9,850 | €11,802 | +€1,952 | +19.8% |
| Other amounts payable | 47/48 | €3,900 | €3,900 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,835 | €3,835 | = | 0.0% |
| Other operating charges | 640/8 | €1,009 | €1,106 | +€97 | +9.6% |
| Non-recurring operating charges | 66A | €485 | €337 | -€148 | -30.5% |
| Gross operating margin | 9900 | €24,126 | €27,748 | +€3,622 | +15.0% |
| Operating profit (loss) | 9901 | €18,797 | €22,470 | +€3,673 | +19.5% |
| Financial charges | 65/66B | €234 | - | -€234 | |
| Recurring financial charges | 65 | €234 | - | -€234 | |
| Profit (loss) for the period before taxes | 9903 | €18,563 | €22,470 | +€3,907 | +21.0% |
| Income taxes | 67/77 | €5,182 | €7,260 | +€2,078 | +40.1% |
| Profit (loss) for the period | 9904 | €13,381 | €15,210 | +€1,829 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,381 | €15,210 | +€1,829 | +13.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.