SOCODEM: 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.
SOCODEM
Largest movements
- Receivables within one year +€8,549
up €8,549 (+42.8%), from €19,952 to €28,502
- Tangible fixed assets -€6,861
down €6,861 (-12.3%), from €55,669 to €48,807
- Cash +€2,569
up €2,569 (+4,789%), from €54 to €2,623
mainly Net result for the year (+€9,134) and Depreciation (+€6,861)
- Profit (loss) carried forward +€9,134
up €9,134 (+273%), from €3,350 to €12,484
- Trade debts -€2,907
no longer reported in 2025 (was €2,907)
- Tax, wage and social debts -€997
down €997 (-74.5%), from €1,338 to €342
of which Remuneration and social security: -€1,338
- Accrued charges and deferred income -€950
no longer reported in 2025 (was €950)
- Gross operating margin +€23,581
up €23,581, from -€5,219 to €18,362
- Turnover +€20,182
new in 2025: €20,182
- Purchases and services -€10,203
down €10,203 (-35.5%), from €28,737 to €18,534
- Depreciation +€640
up €640 (+10.3%), from €6,221 to €6,861
- Other operating charges -€431
down €431 (-17.0%), from €2,537 to €2,106
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.
Derived cash bridge
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 | €77,327 | €81,607 | +€4,280 | +5.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €55,843 | €48,982 | -€6,861 | -12.3% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €55,669 | €48,807 | -€6,861 | -12.3% |
| Land and buildings | 22 | €41,501 | €38,790 | -€2,711 | -6.5% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €12,255 | €9,148 | -€3,107 | -25.4% |
| Other tangible fixed assets | 26 | €1,913 | €869 | -€1,043 | -54.5% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €21,483 | €32,625 | +€11,142 | +51.9% |
| Amounts receivable within one year | 40/41 | €19,952 | €28,502 | +€8,549 | +42.8% |
| Other amounts receivable | 41 | €19,952 | €28,502 | +€8,549 | +42.8% |
| Cash at bank and in hand | 54/58 | €54 | €2,623 | +€2,569 | +4,789% |
| Deferred charges and accrued income | 490/1 | €1,477 | €1,500 | +€23 | +1.5% |
| Total equity and liabilities | 10/49 | €77,327 | €81,607 | +€4,280 | +5.5% |
| Equity | 10/15 | €72,132 | €81,265 | +€9,134 | +12.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,781 | €6,781 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,781 | €6,781 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €581 | €581 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,350 | €12,484 | +€9,134 | +273% |
| Amounts payable | 17/49 | €5,195 | €342 | -€4,854 | -93.4% |
| Amounts payable within one year | 42/48 | €4,245 | €342 | -€3,904 | -92.0% |
| Trade debts | 44 | €2,907 | - | -€2,907 | |
| Suppliers | 440/4 | €2,907 | - | -€2,907 | |
| Taxes, remuneration and social security | 45 | €1,338 | €342 | -€997 | -74.5% |
| Taxes | 450/3 | - | €342 | +€342 | |
| Remuneration and social security | 454/9 | €1,338 | - | -€1,338 | |
| Accrued charges and deferred income | 492/3 | €950 | - | -€950 | |
| Turnover | 70 | - | €20,182 | +€20,182 | |
| Goods, raw materials, services and sundry goods | 60/61 | €28,737 | €18,534 | -€10,203 | -35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,221 | €6,861 | +€640 | +10.3% |
| Other operating charges | 640/8 | €2,537 | €2,106 | -€431 | -17.0% |
| Gross operating margin | 9900 | -€5,219 | €18,362 | +€23,581 | |
| Operating profit (loss) | 9901 | -€13,978 | €9,394 | +€23,372 | |
| Financial charges | 65/66B | €174 | €90 | -€85 | -48.6% |
| Recurring financial charges | 65 | €174 | €90 | -€85 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,152 | €9,305 | +€23,457 | |
| Income taxes | 67/77 | €171 | €171 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€14,323 | €9,134 | +€23,457 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,323 | €9,134 | +€23,457 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.