SOCODETEC: 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.
SOCODETEC
Largest movements
- Cash +€45,512
up €45,512 (+147%), from €30,976 to €76,489
mainly Net result for the year (+€61,088) and Other debts (+€7,576)
- Stocks and contracts +€5,941
up €5,941 (+30.0%), from €19,831 to €25,772
- Receivables within one year -€5,353
down €5,353 (-54.9%), from €9,752 to €4,399
of which Trade receivables: -€7,483
- Reserves +€39,560
up €39,560 (+108%), from €36,672 to €76,232
of which Distributable reserves: +€39,560
- Other debts +€7,576
up €7,576 (+39.0%), from €19,448 to €27,024
- Current portion of long-term debt -€1,691
down €1,691 (-100%), from €1,691 to €0
- Tax, wage and social debts +€1,398
up €1,398 (+16.9%), from €8,265 to €9,662
of which Taxes: +€1,398
- Gross operating margin +€79,700
up €79,700 (+498%), from €16,004 to €95,704
- Taxes +€26,856
up €26,856 (+1,605%), from €1,673 to €28,529
- Depreciation -€1,618
down €1,618 (-23.1%), from €7,016 to €5,398
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 | €75,704 | €122,049 | +€46,345 | +61.2% |
| Formation expenses | 20 | €779 | €571 | -€208 | -26.7% |
| Fixed assets | 21/28 | €13,680 | €14,556 | +€876 | +6.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €13,680 | €14,556 | +€876 | +6.4% |
| Plant, machinery and equipment | 23 | €5,539 | €7,377 | +€1,837 | +33.2% |
| Furniture and vehicles | 24 | €2,174 | €1,978 | -€196 | -9.0% |
| Other tangible fixed assets | 26 | €5,966 | €5,201 | -€765 | -12.8% |
| Current assets | 29/58 | €61,245 | €106,922 | +€45,677 | +74.6% |
| Stocks and contracts in progress | 3 | €19,831 | €25,772 | +€5,941 | +30.0% |
| Stocks | 30/36 | €19,831 | €25,772 | +€5,941 | +30.0% |
| Amounts receivable within one year | 40/41 | €9,752 | €4,399 | -€5,353 | -54.9% |
| Trade receivables | 40 | €9,752 | €2,269 | -€7,483 | -76.7% |
| Other amounts receivable | 41 | €0 | €2,130 | +€2,130 | |
| Cash at bank and in hand | 54/58 | €30,976 | €76,489 | +€45,512 | +147% |
| Deferred charges and accrued income | 490/1 | €685 | €263 | -€422 | -61.7% |
| Total equity and liabilities | 10/49 | €75,704 | €122,049 | +€46,345 | +61.2% |
| Equity | 10/15 | €42,872 | €82,432 | +€39,560 | +92.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,672 | €76,232 | +€39,560 | +108% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €34,817 | €74,377 | +€39,560 | +114% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €32,831 | €39,617 | +€6,786 | +20.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €32,831 | €39,617 | +€6,786 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €1,691 | €0 | -€1,691 | -100% |
| Trade debts | 44 | €3,428 | €2,931 | -€498 | -14.5% |
| Suppliers | 440/4 | €3,428 | €2,931 | -€498 | -14.5% |
| Taxes, remuneration and social security | 45 | €8,265 | €9,662 | +€1,398 | +16.9% |
| Taxes | 450/3 | €8,265 | €9,662 | +€1,398 | +16.9% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €19,448 | €27,024 | +€7,576 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,016 | €5,398 | -€1,618 | -23.1% |
| Other operating charges | 640/8 | €627 | €527 | -€100 | -15.9% |
| Gross operating margin | 9900 | €16,004 | €95,704 | +€79,700 | +498% |
| Operating profit (loss) | 9901 | €8,362 | €89,779 | +€81,417 | +974% |
| Financial charges | 65/66B | €241 | €163 | -€78 | -32.3% |
| Recurring financial charges | 65 | €241 | €163 | -€78 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €8,121 | €89,616 | +€81,495 | +1,004% |
| Income taxes | 67/77 | €1,673 | €28,529 | +€26,856 | +1,605% |
| Profit (loss) for the period | 9904 | €6,448 | €61,088 | +€54,640 | +847% |
| Profit (loss) for the period to be appropriated | 9905 | €6,448 | €61,088 | +€54,640 | +847% |
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.