SOCOCARM: 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.
SOCOCARM
Largest movements
- Tangible fixed assets -€6,485
down €6,485 (-7.8%), from €83,498 to €77,013
of which Plant, machinery and equipment: -€6,485
- Cash +€4,484
up €4,484 (+2.5%), from €182,491 to €186,975
mainly Depreciation (+€6,485)
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€2,929
down €2,929 (-31.1%), from €9,414 to €6,485
- Gross operating margin +€1,243
up €1,243 (+26.1%), from €4,766 to €6,009
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.
Cash bridge derived
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 | €266,533 | €264,553 | -€1,980 | -0.7% |
| Fixed assets | 21/28 | €83,498 | €77,013 | -€6,485 | -7.8% |
| Tangible fixed assets | 22/27 | €83,498 | €77,013 | -€6,485 | -7.8% |
| Land and buildings | 22 | €61,973 | €61,973 | = | 0.0% |
| Plant, machinery and equipment | 23 | €21,524 | €15,040 | -€6,485 | -30.1% |
| Current assets | 29/58 | €183,035 | €187,540 | +€4,505 | +2.5% |
| Cash at bank and in hand | 54/58 | €182,491 | €186,975 | +€4,484 | +2.5% |
| Deferred charges and accrued income | 490/1 | €544 | €565 | +€20 | +3.7% |
| Total equity and liabilities | 10/49 | €266,533 | €264,553 | -€1,980 | -0.7% |
| Equity | 10/15 | €266,098 | €264,362 | -€1,736 | -0.7% |
| Contributions | 10/11 | €289,403 | €289,403 | = | 0.0% |
| Reserves | 13 | €7,791 | €7,791 | = | 0.0% |
| Distributable reserves | 133 | €7,791 | €7,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,095 | -€32,831 | -€1,736 | -5.6% |
| Amounts payable | 17/49 | €435 | €191 | -€244 | -56.0% |
| Amounts payable within one year | 42/48 | €435 | €191 | -€244 | -56.0% |
| Trade debts | 44 | €244 | - | -€244 | |
| Suppliers | 440/4 | €244 | - | -€244 | |
| Other amounts payable | 47/48 | €191 | €191 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,414 | €6,485 | -€2,929 | -31.1% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€32 | +2.9% |
| Gross operating margin | 9900 | €4,766 | €6,009 | +€1,243 | +26.1% |
| Operating profit (loss) | 9901 | -€5,742 | -€1,601 | +€4,140 | +72.1% |
| Financial charges | 65/66B | €120 | €135 | +€15 | +12.5% |
| Recurring financial charges | 65 | €120 | €135 | +€15 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,862 | -€1,736 | +€4,125 | +70.4% |
| Profit (loss) for the period | 9904 | -€5,862 | -€1,736 | +€4,125 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,862 | -€1,736 | +€4,125 | +70.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 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.