SOCOGEST: 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.
What changed
SOCOGEST
NACE 81.100, Combined facilities support activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€307,478
2024 · €229,475+€78,003
Equity
€5.1m
2024 · €4.7m+€307,478
Cash
€11,509
2024 · €7,059+€4,450
Balance sheet total
€6.8m
2024 · €6.6m+€190,375
Largest movements
Assets
- Receivables within one year +€153,724
up €153,724 (+205%), from €75,113 to €228,838
of which Trade receivables: +€106,335
Equity and liabilities
- Other debts -€386,000
down €386,000 (-29.5%), from €1.3m to €920,509
- Profit (loss) carried forward +€257,104
up €257,104 (+12.5%), from €2.0m to €2.3m
- Tax, wage and social debts +€156,487
up €156,487 (+142%), from €109,921 to €266,407
- Current portion of long-term debt +€132,976
up €132,976 (+91.8%), from €144,785 to €277,761
Income statement
- Depreciation -€54,536
down €54,536 (-16.0%), from €340,253 to €285,718
- Services and other goods -€37,123
down €37,123 (-41.6%), from €89,146 to €52,023
- Turnover -€33,000
down €33,000 (-7.7%), from €429,479 to €396,479
- Other operating charges -€30,032
down €30,032 (-40.2%), from €74,615 to €44,583
- Taxes +€26,215
up €26,215 (+31.2%), from €83,929 to €110,144
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.
Result 2024
€229,475
Turnover
-€33,000
Other operating income
+€22,029
Services and other goods
+€37,123
Depreciation
+€54,536
Other operating charges
+€30,032
Financial income
+€24
Financial charges
-€6,527
Taxes
-€26,215
Result 2025
€307,478
raises the resultlowers the result
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.
From operations
+€185,722
Investment
-€317,919
Financing
+€136,647
Cash 2024
€7,059
From operations (derived)
+€185,722
Net result for the year
+€307,478
Depreciation
+€285,718
Receivables within one year
-€153,724
Trade debts
-€24,695
Tax, wage and social debts
+€156,487
Other debts
-€386,000
Accrued charges and deferred income
+€459
Investment (derived)
-€317,919
Investment in fixed assets (net)
-€317,919
Financing
+€136,647
Debts after one year
+€3,671
Current portion of long-term debt
+€132,976
Cash 2025
€11,509
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,590,276 | €6,780,651 | +€190,375 | +2.9% |
| Fixed assets | 21/28 | €6,508,103 | €6,540,304 | +€32,201 | +0.5% |
| Tangible fixed assets | 22/27 | €6,508,103 | €6,540,304 | +€32,201 | +0.5% |
| Land and buildings | 22 | €6,508,103 | €6,540,304 | +€32,201 | +0.5% |
| Current assets | 29/58 | €82,173 | €240,347 | +€158,174 | +192% |
| Amounts receivable within one year | 40/41 | €75,113 | €228,838 | +€153,724 | +205% |
| Trade receivables | 40 | €74,895 | €181,230 | +€106,335 | +142% |
| Other amounts receivable | 41 | €218 | €47,608 | +€47,389 | +21,696% |
| Cash at bank and in hand | 54/58 | €7,059 | €11,509 | +€4,450 | +63.0% |
| Total equity and liabilities | 10/49 | €6,590,276 | €6,780,651 | +€190,375 | +2.9% |
| Equity | 10/15 | €4,746,486 | €5,053,963 | +€307,478 | +6.5% |
| Contributions | 10/11 | €1,820,000 | €1,820,000 | = | 0.0% |
| Capital | 10 | €1,820,000 | €1,820,000 | = | 0.0% |
| Issued capital | 100 | €1,820,000 | €1,820,000 | = | 0.0% |
| Reserves | 13 | €877,764 | €928,138 | +€50,374 | +5.7% |
| Non-distributable reserves | 130/1 | €160,160 | €175,533 | +€15,374 | +9.6% |
| Legal reserve | 130 | €160,160 | €175,533 | +€15,374 | +9.6% |
| Tax-exempt reserves | 132 | €87,208 | €87,208 | = | 0.0% |
| Distributable reserves | 133 | €630,397 | €665,397 | +€35,000 | +5.6% |
| Profit (loss) carried forward | 14 | €2,048,721 | €2,305,825 | +€257,104 | +12.5% |
| Amounts payable | 17/49 | €1,843,790 | €1,726,688 | -€117,102 | -6.4% |
| Amounts payable after more than one year | 17 | €241,308 | €244,979 | +€3,671 | +1.5% |
| Financial debts | 170/4 | €241,308 | €244,979 | +€3,671 | +1.5% |
| Credit institutions | 173 | €241,308 | €244,979 | +€3,671 | +1.5% |
| Amounts payable within one year | 42/48 | €1,602,482 | €1,481,250 | -€121,232 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €144,785 | €277,761 | +€132,976 | +91.8% |
| Trade debts | 44 | €41,268 | €16,573 | -€24,695 | -59.8% |
| Suppliers | 440/4 | €41,268 | €16,573 | -€24,695 | -59.8% |
| Taxes, remuneration and social security | 45 | €109,921 | €266,407 | +€156,487 | +142% |
| Taxes | 450/3 | €109,921 | €266,407 | +€156,487 | +142% |
| Other amounts payable | 47/48 | €1,306,509 | €920,509 | -€386,000 | -29.5% |
| Accrued charges and deferred income | 492/3 | - | €459 | +€459 | |
| Operating income | 70/76A | €830,281 | €819,311 | -€10,971 | -1.3% |
| Turnover | 70 | €429,479 | €396,479 | -€33,000 | -7.7% |
| Other operating income | 74 | €400,802 | €422,832 | +€22,029 | +5.5% |
| Operating charges | 60/66A | €504,015 | €382,324 | -€121,691 | -24.1% |
| Services and other goods | 61 | €89,146 | €52,023 | -€37,123 | -41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €340,253 | €285,718 | -€54,536 | -16.0% |
| Other operating charges | 640/8 | €74,615 | €44,583 | -€30,032 | -40.2% |
| Operating profit (loss) | 9901 | €326,266 | €436,987 | +€110,721 | +33.9% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Income from current assets | 751 | - | €24 | +€24 | |
| Financial charges | 65/66B | €12,862 | €19,389 | +€6,527 | +50.7% |
| Recurring financial charges | 65 | €12,862 | €19,389 | +€6,527 | +50.7% |
| Debt charges | 650 | €12,108 | €17,930 | +€5,823 | +48.1% |
| Other financial charges | 652/9 | €755 | €1,459 | +€704 | +93.3% |
| Profit (loss) for the period before taxes | 9903 | €313,404 | €417,622 | +€104,218 | +33.3% |
| Income taxes | 67/77 | €83,929 | €110,144 | +€26,215 | +31.2% |
| Taxes | 670/3 | €83,929 | €110,144 | +€26,215 | +31.2% |
| Profit (loss) for the period | 9904 | €229,475 | €307,478 | +€78,003 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €229,475 | €307,478 | +€78,003 | +34.0% |
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 14 October 2026 via checked.be.