SOCODIDA: 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.
SOCODIDA
Largest movements
- Receivables within one year +€39,888
up €39,888 (+87.6%), from €45,520 to €85,408
of which Other amounts receivable: +€48,155
- Tax, wage and social debts +€47,941
up €47,941 (+226.4%), from €21,179 to €69,120
- Profit (loss) carried forward -€9,565
down €9,565 (-19.4%), from -€49,305 to -€58,871
- Other debts +€7,451
up €7,451 (+14.5%), from €51,405 to €58,856
- Trade debts -€5,335
down €5,335 (-34.0%), from €15,672 to €10,337
- Gross operating margin -€3,510
down €3,510, from €674 to -€2,836
- Depreciation +€491
up €491 (+11.0%), from €4,471 to €4,962
- Other operating charges -€479
down €479 (-32.7%), from €1,465 to €986
- Taxes +€383
up €383 (+112.1%), from €342 to €725
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 | €59,401 | €99,893 | +€40,492 | +68.2% |
| Fixed assets | 21/28 | €6,900 | €7,331 | +€431 | +6.2% |
| Tangible fixed assets | 22/27 | €6,857 | €7,288 | +€431 | +6.3% |
| Plant, machinery and equipment | 23 | €910 | €2,996 | +€2,087 | +229.4% |
| Furniture and vehicles | 24 | €5,947 | €4,292 | -€1,656 | -27.8% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €52,501 | €92,562 | +€40,061 | +76.3% |
| Stocks and contracts in progress | 3 | €1,397 | €1,211 | -€186 | -13.3% |
| Stocks | 30/36 | €1,397 | €1,211 | -€186 | -13.3% |
| Amounts receivable within one year | 40/41 | €45,520 | €85,408 | +€39,888 | +87.6% |
| Trade receivables | 40 | €8,613 | €346 | -€8,267 | -96.0% |
| Other amounts receivable | 41 | €36,907 | €85,062 | +€48,155 | +130.5% |
| Cash at bank and in hand | 54/58 | €4,397 | €4,759 | +€362 | +8.2% |
| Deferred charges and accrued income | 490/1 | €1,186 | €1,184 | -€3 | -0.2% |
| Total equity and liabilities | 10/49 | €59,401 | €99,893 | +€40,492 | +68.2% |
| Equity | 10/15 | -€28,854 | -€38,420 | -€9,565 | -33.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,305 | -€58,871 | -€9,565 | -19.4% |
| Amounts payable | 17/49 | €88,255 | €138,313 | +€50,057 | +56.7% |
| Amounts payable within one year | 42/48 | €88,255 | €138,313 | +€50,057 | +56.7% |
| Trade debts | 44 | €15,672 | €10,337 | -€5,335 | -34.0% |
| Suppliers | 440/4 | €15,672 | €10,337 | -€5,335 | -34.0% |
| Taxes, remuneration and social security | 45 | €21,179 | €69,120 | +€47,941 | +226.4% |
| Taxes | 450/3 | €21,179 | €69,120 | +€47,941 | +226.4% |
| Other amounts payable | 47/48 | €51,405 | €58,856 | +€7,451 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,471 | €4,962 | +€491 | +11.0% |
| Other operating charges | 640/8 | €1,465 | €986 | -€479 | -32.7% |
| Non-recurring operating charges | 66A | €39 | €57 | +€17 | +43.9% |
| Gross operating margin | 9900 | €674 | -€2,836 | -€3,510 | |
| Operating profit (loss) | 9901 | -€5,302 | -€8,841 | -€3,539 | -66.8% |
| Financial income | 75/76B | €12 | €0 | -€12 | -98.1% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -97.9% |
| Non-recurring financial income | 76B | €1 | €0 | -€1 | -77.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,290 | -€8,841 | -€3,551 | -67.1% |
| Income taxes | 67/77 | €342 | €725 | +€383 | +112.1% |
| Profit (loss) for the period | 9904 | -€5,631 | -€9,565 | -€3,934 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,631 | -€9,565 | -€3,934 | -69.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.