SOCOCAR: 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.
SOCOCAR
Largest movements
- Receivables within one year +€4,000
up €4,000 (+36.6%), from €10,918 to €14,918
- Tangible fixed assets -€3,780
down €3,780 (-12.5%), from €30,141 to €26,361
- Cash -€548
down €548 (-8.9%), from €6,172 to €5,624
- Profit (loss) carried forward -€2,541
down €2,541 (-5.5%), from -€46,335 to -€48,876
- Contributions +€2,231
up €2,231 (+2.3%), from €98,166 to €100,397
- Other operating charges +€667
up €667 (+29.6%), from €2,257 to €2,924
- Depreciation -€640
down €640 (-43.4%), from €1,473 to €833
- Gross operating margin -€413
down €413 (-7.6%), from €5,428 to €5,015
- Financial charges -€112
down €112 (-70.9%), from €158 to €46
From the 2021 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,685 | €52,358 | -€327 | -0.6% |
| Formation expenses | 20 | €5,455 | €5,455 | = | 0.0% |
| Fixed assets | 21/28 | €30,141 | €26,361 | -€3,780 | -12.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €30,141 | €26,361 | -€3,780 | -12.5% |
| Land and buildings | 22 | - | €26,361 | +€26,361 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €17,090 | €20,542 | +€3,452 | +20.2% |
| Amounts receivable within one year | 40/41 | €10,918 | €14,918 | +€4,000 | +36.6% |
| Other amounts receivable | 41 | €10,918 | €14,918 | +€4,000 | +36.6% |
| Cash at bank and in hand | 54/58 | €6,172 | €5,624 | -€548 | -8.9% |
| Total equity and liabilities | 10/49 | €52,685 | €52,358 | -€327 | -0.6% |
| Equity | 10/15 | €52,668 | €52,358 | -€310 | -0.6% |
| Contributions | 10/11 | €98,166 | €100,397 | +€2,231 | +2.3% |
| Capital | 10 | €98,166 | - | -€98,166 | |
| Issued capital | 100 | €98,166 | - | -€98,166 | |
| Reserves | 13 | €837 | €837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €669 | €669 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €669 | +€669 | |
| Distributable reserves | 133 | €168 | €168 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,335 | -€48,876 | -€2,541 | -5.5% |
| Amounts payable | 17/49 | €17 | - | -€17 | |
| Amounts payable within one year | 42/48 | €17 | - | -€17 | |
| Trade debts | 44 | €17 | - | -€17 | |
| Suppliers | 440/4 | €17 | - | -€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,473 | €833 | -€640 | -43.4% |
| Other operating charges | 640/8 | €2,257 | €2,924 | +€667 | +29.6% |
| Gross operating margin | 9900 | €5,428 | €5,015 | -€413 | -7.6% |
| Operating profit (loss) | 9901 | - | €1,258 | +€1,258 | |
| Financial charges | 65/66B | €158 | €46 | -€112 | -70.9% |
| Recurring financial charges | 65 | €158 | €46 | -€112 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | €1,539 | €1,212 | -€327 | -21.2% |
| Profit (loss) for the period | 9904 | €1,539 | €1,212 | -€327 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,539 | €1,212 | -€327 | -21.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.