Socogelex: 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.
Socogelex
Largest movements
- Tangible fixed assets -€4,793
down €4,793 (-36.1%), from €13,282 to €8,489
of which Other tangible fixed assets: -€4,819
- Deferred charges and accrued income +€1,149
up €1,149 (+86.0%), from €1,337 to €2,486
- Cash -€484
down €484 (-3.0%), from €15,940 to €15,456
mainly Contributions, distributions and other (-€4,118) and Investment in fixed assets (net) (-€2,464)
- Receivables within one year +€469
up €469 (+14.1%), from €3,322 to €3,790
of which Trade receivables: +€1,289
- Tax, wage and social debts -€1,728
down €1,728 (-36.1%), from €4,789 to €3,061
of which Remuneration and social security: -€1,000
- Profit (loss) carried forward -€1,051
down €1,051 (-13.2%), from €7,984 to €6,933
- Trade debts -€891
down €891 (-80.4%), from €1,107 to €217
- Gross operating margin -€7,890
down €7,890 (-36.6%), from €21,572 to €13,683
- Depreciation -€7,710
down €7,710 (-51.5%), from €14,966 to €7,257
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 | €33,880 | €30,222 | -€3,658 | -10.8% |
| Fixed assets | 21/28 | €13,282 | €8,489 | -€4,793 | -36.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €13,282 | €8,489 | -€4,793 | -36.1% |
| Plant, machinery and equipment | 23 | €1,539 | €786 | -€753 | -48.9% |
| Furniture and vehicles | 24 | €2,091 | €2,871 | +€779 | +37.3% |
| Other tangible fixed assets | 26 | €9,652 | €4,832 | -€4,819 | -49.9% |
| Current assets | 29/58 | €20,598 | €21,733 | +€1,135 | +5.5% |
| Amounts receivable within one year | 40/41 | €3,322 | €3,790 | +€469 | +14.1% |
| Trade receivables | 40 | €2,501 | €3,790 | +€1,289 | +51.6% |
| Other amounts receivable | 41 | €821 | - | -€821 | |
| Cash at bank and in hand | 54/58 | €15,940 | €15,456 | -€484 | -3.0% |
| Deferred charges and accrued income | 490/1 | €1,337 | €2,486 | +€1,149 | +86.0% |
| Total equity and liabilities | 10/49 | €33,880 | €30,222 | -€3,658 | -10.8% |
| Equity | 10/15 | €27,984 | €26,933 | -€1,051 | -3.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,984 | €6,933 | -€1,051 | -13.2% |
| Amounts payable | 17/49 | €5,896 | €3,289 | -€2,607 | -44.2% |
| Amounts payable within one year | 42/48 | €5,896 | €3,289 | -€2,607 | -44.2% |
| Trade debts | 44 | €1,107 | €217 | -€891 | -80.4% |
| Suppliers | 440/4 | €1,107 | €217 | -€891 | -80.4% |
| Taxes, remuneration and social security | 45 | €4,789 | €3,061 | -€1,728 | -36.1% |
| Taxes | 450/3 | €3,789 | €3,061 | -€728 | -19.2% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,966 | €7,257 | -€7,710 | -51.5% |
| Other operating charges | 640/8 | €1,362 | €1,308 | -€54 | -4.0% |
| Gross operating margin | 9900 | €21,572 | €13,683 | -€7,890 | -36.6% |
| Operating profit (loss) | 9901 | €5,244 | €5,118 | -€126 | -2.4% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €80 | €136 | +€56 | +70.1% |
| Recurring financial charges | 65 | €80 | €136 | +€56 | +70.1% |
| Profit (loss) for the period before taxes | 9903 | €5,168 | €4,981 | -€187 | -3.6% |
| Income taxes | 67/77 | €1,725 | €1,915 | +€190 | +11.0% |
| Profit (loss) for the period | 9904 | €3,443 | €3,066 | -€377 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,443 | €3,066 | -€377 | -10.9% |
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 6 October 2026 via checked.be.