SOCOMA: 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.
SOCOMA
Largest movements
- Cash -€41,772
down €41,772 (-65.6%), from €63,646 to €21,874
mainly Net result for the year (-€98,842) and Trade debts (-€16,052)
- Tangible fixed assets -€24,365
down €24,365 (-19.2%), from €126,868 to €102,503
of which Furniture and vehicles: -€13,560
- Profit (loss) carried forward -€98,842
down €98,842 (-63.2%), from -€156,372 to -€255,214
- Other debts +€54,312
up €54,312 (+39.4%), from €137,813 to €192,126
- Trade debts -€16,052
down €16,052 (-11.7%), from €136,905 to €120,853
- Gross operating margin +€15,009
up €15,009 (+20.1%), from -€74,739 to -€59,729
- Depreciation -€5,953
down €5,953 (-15.9%), from €37,533 to €31,580
- Other operating charges -€3,603
down €3,603 (-62.5%), from €5,761 to €2,158
- Taxes +€3,555
up €3,555 (+5,078,029%), from €0 to €3,555
- Financial income -€848
down €848 (-96.8%), from €876 to €28
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.
Derived cash bridge
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 | €762,117 | €692,666 | -€69,451 | -9.1% |
| Fixed assets | 21/28 | €157,151 | €132,786 | -€24,365 | -15.5% |
| Tangible fixed assets | 22/27 | €126,868 | €102,503 | -€24,365 | -19.2% |
| Land and buildings | 22 | €1,833 | €1,833 | = | 0.0% |
| Plant, machinery and equipment | 23 | €61,603 | €50,798 | -€10,805 | -17.5% |
| Furniture and vehicles | 24 | €63,431 | €49,871 | -€13,560 | -21.4% |
| Financial fixed assets | 28 | €30,283 | €30,283 | = | 0.0% |
| Current assets | 29/58 | €604,966 | €559,880 | -€45,086 | -7.5% |
| Stocks and contracts in progress | 3 | €73,478 | €73,478 | = | 0.0% |
| Stocks | 30/36 | €73,478 | €73,478 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €441,872 | €441,737 | -€135 | 0.0% |
| Trade receivables | 40 | €352,680 | €396,270 | +€43,591 | +12.4% |
| Other amounts receivable | 41 | €89,193 | €45,467 | -€43,726 | -49.0% |
| Cash at bank and in hand | 54/58 | €63,646 | €21,874 | -€41,772 | -65.6% |
| Deferred charges and accrued income | 490/1 | €25,969 | €22,790 | -€3,179 | -12.2% |
| Total equity and liabilities | 10/49 | €762,117 | €692,666 | -€69,451 | -9.1% |
| Equity | 10/15 | €465,946 | €367,104 | -€98,842 | -21.2% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €597,529 | €597,529 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | - | -€2,479 | |
| Reserves not available under the articles | 1311 | €2,479 | - | -€2,479 | |
| Distributable reserves | 133 | €595,050 | €597,529 | +€2,479 | +0.4% |
| Profit (loss) carried forward | 14 | -€156,372 | -€255,214 | -€98,842 | -63.2% |
| Amounts payable | 17/49 | €296,171 | €325,562 | +€29,391 | +9.9% |
| Amounts payable after more than one year | 17 | €9,967 | €2,351 | -€7,617 | -76.4% |
| Financial debts | 170/4 | €9,967 | €2,351 | -€7,617 | -76.4% |
| Amounts payable within one year | 42/48 | €284,830 | €323,211 | +€38,382 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €10,011 | €10,135 | +€124 | +1.2% |
| Trade debts | 44 | €136,905 | €120,853 | -€16,052 | -11.7% |
| Suppliers | 440/4 | €136,905 | €120,853 | -€16,052 | -11.7% |
| Taxes, remuneration and social security | 45 | €100 | €97 | -€3 | -2.7% |
| Taxes | 450/3 | €100 | €97 | -€3 | -2.7% |
| Other amounts payable | 47/48 | €137,813 | €192,126 | +€54,312 | +39.4% |
| Accrued charges and deferred income | 492/3 | €1,374 | - | -€1,374 | |
| Remuneration, social security and pensions | 62 | - | €76 | +€76 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,533 | €31,580 | -€5,953 | -15.9% |
| Other operating charges | 640/8 | €5,761 | €2,158 | -€3,603 | -62.5% |
| Non-recurring operating charges | 66A | - | €49 | +€49 | |
| Gross operating margin | 9900 | -€74,739 | -€59,729 | +€15,009 | +20.1% |
| Operating profit (loss) | 9901 | -€118,033 | -€93,593 | +€24,440 | +20.7% |
| Financial income | 75/76B | €876 | €28 | -€848 | -96.8% |
| Recurring financial income | 75 | €876 | €28 | -€848 | -96.8% |
| Financial charges | 65/66B | €2,205 | €1,722 | -€483 | -21.9% |
| Recurring financial charges | 65 | €2,205 | €1,722 | -€483 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€119,362 | -€95,287 | +€24,075 | +20.2% |
| Income taxes | 67/77 | €0 | €3,555 | +€3,555 | +5,078,029% |
| Profit (loss) for the period | 9904 | -€119,362 | -€98,842 | +€20,520 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€119,362 | -€98,842 | +€20,520 | +17.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.