SOCODAN: 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.
SOCODAN
Largest movements
- Receivables within one year -€12,624
down €12,624 (-50.1%), from €25,210 to €12,586
of which Trade receivables: -€13,747
- Cash +€5,090
up €5,090 (+93.7%), from €5,430 to €10,520
mainly Receivables within one year (+€12,624) and Depreciation (+€2,348)
- Tangible fixed assets -€2,348
down €2,348 (-13.3%), from €17,680 to €15,331
of which Land and buildings: -€1,849
- Deferred charges and accrued income +€2,222
up €2,222, from €0 to €2,222
- Other debts -€5,983
down €5,983 (-100.0%), from €5,983 to €0
- Trade debts -€3,037
down €3,037 (-66.0%), from €4,603 to €1,566
- Profit (loss) carried forward +€2,227
up €2,227 (+30.2%), from €7,377 to €9,605
- Accrued charges and deferred income -€800
down €800 (-100.0%), from €800 to €0
- Taxes -€2,418
down €2,418 (-76.5%), from €3,161 to €742
- Gross operating margin -€1,204
down €1,204 (-13.5%), from €8,900 to €7,696
- Depreciation -€309
down €309 (-11.6%), from €2,657 to €2,348
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 | €48,341 | €40,659 | -€7,682 | -15.9% |
| Fixed assets | 21/28 | €17,701 | €15,331 | -€2,370 | -13.4% |
| Tangible fixed assets | 22/27 | €17,680 | €15,331 | -€2,348 | -13.3% |
| Land and buildings | 22 | €15,683 | €13,834 | -€1,849 | -11.8% |
| Plant, machinery and equipment | 23 | €1,997 | €1,497 | -€499 | -25.0% |
| Financial fixed assets | 28 | €22 | €0 | -€22 | -100.0% |
| Current assets | 29/58 | €30,640 | €25,328 | -€5,312 | -17.3% |
| Amounts receivable within one year | 40/41 | €25,210 | €12,586 | -€12,624 | -50.1% |
| Trade receivables | 40 | €14,132 | €385 | -€13,747 | -97.3% |
| Other amounts receivable | 41 | €11,077 | €12,201 | +€1,124 | +10.1% |
| Cash at bank and in hand | 54/58 | €5,430 | €10,520 | +€5,090 | +93.7% |
| Deferred charges and accrued income | 490/1 | €0 | €2,222 | +€2,222 | |
| Total equity and liabilities | 10/49 | €48,341 | €40,659 | -€7,682 | -15.9% |
| Equity | 10/15 | €34,877 | €37,105 | +€2,227 | +6.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,377 | €9,605 | +€2,227 | +30.2% |
| Amounts payable | 17/49 | €13,464 | €3,555 | -€9,909 | -73.6% |
| Amounts payable after more than one year | 17 | €1,430 | €1,340 | -€90 | -6.3% |
| Other amounts payable | 178/9 | €1,430 | €1,340 | -€90 | -6.3% |
| Amounts payable within one year | 42/48 | €11,234 | €2,215 | -€9,019 | -80.3% |
| Trade debts | 44 | €4,603 | €1,566 | -€3,037 | -66.0% |
| Suppliers | 440/4 | €4,603 | €1,566 | -€3,037 | -66.0% |
| Taxes, remuneration and social security | 45 | €648 | €648 | = | 0.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €648 | €648 | = | 0.0% |
| Other amounts payable | 47/48 | €5,983 | €0 | -€5,983 | -100.0% |
| Accrued charges and deferred income | 492/3 | €800 | €0 | -€800 | -100.0% |
| Non-recurring operating income | 76A | - | €68 | +€68 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,657 | €2,348 | -€309 | -11.6% |
| Other operating charges | 640/8 | €2,039 | €2,082 | +€44 | +2.1% |
| Non-recurring operating charges | 66A | €0 | €251 | +€251 | |
| Gross operating margin | 9900 | €8,900 | €7,696 | -€1,204 | -13.5% |
| Operating profit (loss) | 9901 | €4,204 | €3,014 | -€1,190 | -28.3% |
| Financial income | 75/76B | €45 | €0 | -€45 | -100.0% |
| Recurring financial income | 75 | €45 | €0 | -€45 | -100.0% |
| Financial charges | 65/66B | €23 | €45 | +€21 | +91.9% |
| Recurring financial charges | 65 | €23 | €45 | +€21 | +91.9% |
| Profit (loss) for the period before taxes | 9903 | €4,225 | €2,970 | -€1,256 | -29.7% |
| Income taxes | 67/77 | €3,161 | €742 | -€2,418 | -76.5% |
| Profit (loss) for the period | 9904 | €1,065 | €2,227 | +€1,163 | +109.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,065 | €2,227 | +€1,163 | +109.2% |
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 30 September 2026 via checked.be.