SOCOGEMINA: 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.
SOCOGEMINA
Largest movements
- Stocks and contracts +€22,614
up €22,614 (+161%), from €14,034 to €36,648
- Cash +€21,874
up €21,874 (+9.1%), from €240,506 to €262,380
mainly Net result for the year (+€48,319) and Other debts (+€44,827)
- Tangible fixed assets -€17,430
down €17,430 (-6.6%), from €263,475 to €246,045
of which Furniture and vehicles: -€11,804
- Financial fixed assets -€11,170
down €11,170 (-74.5%), from €15,001 to €3,831
- Other debts +€44,827
up €44,827 (+199%), from €22,487 to €67,314
- Trade debts -€26,809
down €26,809 (-84.3%), from €31,793 to €4,984
- Reserves -€20,000
down €20,000 (-4.8%), from €419,200 to €399,200
of which Distributable reserves: -€20,000
- Accrued charges and deferred income +€9,600
new in 2025: €9,600
- Gross operating margin +€30,148
up €30,148 (+47.6%), from €63,386 to €93,534
- Taxes +€10,057
up €10,057 (+73.4%), from €13,707 to €23,764
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 | €564,442 | €571,946 | +€7,504 | +1.3% |
| Fixed assets | 21/28 | €285,963 | €256,211 | -€29,752 | -10.4% |
| Intangible fixed assets | 21 | €7,487 | €6,335 | -€1,152 | -15.4% |
| Tangible fixed assets | 22/27 | €263,475 | €246,045 | -€17,430 | -6.6% |
| Land and buildings | 22 | €207,115 | €207,115 | = | 0.0% |
| Plant, machinery and equipment | 23 | €14,052 | €8,425 | -€5,627 | -40.0% |
| Furniture and vehicles | 24 | €42,308 | €30,505 | -€11,804 | -27.9% |
| Financial fixed assets | 28 | €15,001 | €3,831 | -€11,170 | -74.5% |
| Current assets | 29/58 | €278,478 | €315,735 | +€37,257 | +13.4% |
| Stocks and contracts in progress | 3 | €14,034 | €36,648 | +€22,614 | +161% |
| Stocks | 30/36 | €14,034 | €36,648 | +€22,614 | +161% |
| Amounts receivable within one year | 40/41 | €19,338 | €14,085 | -€5,253 | -27.2% |
| Trade receivables | 40 | €19,338 | €14,085 | -€5,253 | -27.2% |
| Cash at bank and in hand | 54/58 | €240,506 | €262,380 | +€21,874 | +9.1% |
| Deferred charges and accrued income | 490/1 | €4,600 | €2,622 | -€1,978 | -43.0% |
| Total equity and liabilities | 10/49 | €564,442 | €571,946 | +€7,504 | +1.3% |
| Equity | 10/15 | €492,704 | €474,023 | -€18,681 | -3.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €419,200 | €399,200 | -€20,000 | -4.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €413,000 | €393,000 | -€20,000 | -4.8% |
| Profit (loss) carried forward | 14 | €11,504 | €12,823 | +€1,319 | +11.5% |
| Amounts payable | 17/49 | €71,738 | €97,923 | +€26,185 | +36.5% |
| Amounts payable within one year | 42/48 | €71,738 | €88,323 | +€16,585 | +23.1% |
| Trade debts | 44 | €31,793 | €4,984 | -€26,809 | -84.3% |
| Suppliers | 440/4 | €31,793 | €4,984 | -€26,809 | -84.3% |
| Taxes, remuneration and social security | 45 | €17,458 | €16,025 | -€1,433 | -8.2% |
| Taxes | 450/3 | €17,458 | €16,025 | -€1,433 | -8.2% |
| Other amounts payable | 47/48 | €22,487 | €67,314 | +€44,827 | +199% |
| Accrued charges and deferred income | 492/3 | - | €9,600 | +€9,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,217 | €18,582 | +€365 | +2.0% |
| Other operating charges | 640/8 | €3,319 | €3,214 | -€104 | -3.1% |
| Gross operating margin | 9900 | €63,386 | €93,534 | +€30,148 | +47.6% |
| Operating profit (loss) | 9901 | €41,850 | €71,738 | +€29,888 | +71.4% |
| Financial income | 75/76B | €969 | €1,065 | +€96 | +9.9% |
| Recurring financial income | 75 | €969 | €1,065 | +€96 | +9.9% |
| Financial charges | 65/66B | €797 | €719 | -€78 | -9.8% |
| Recurring financial charges | 65 | €797 | €719 | -€78 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €42,022 | €72,083 | +€30,061 | +71.5% |
| Income taxes | 67/77 | €13,707 | €23,764 | +€10,057 | +73.4% |
| Profit (loss) for the period | 9904 | €28,315 | €48,319 | +€20,004 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,315 | €48,319 | +€20,004 | +70.6% |
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 18 October 2026 via checked.be.