Socomef: 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.
Socomef
Largest movements
- Cash +€490,693
up €490,693 (+118.9%), from €412,804 to €903,497
mainly Net result for the year (+€169,590) and Stocks and contracts (+€165,726)
- Stocks and contracts -€165,726
no longer reported in 2025 (was €165,726)
- Tangible fixed assets -€96,927
no longer reported in 2025 (was €96,927)
of which Land and buildings: -€86,363
- Receivables within one year -€89,375
down €89,375 (-91.4%), from €97,779 to €8,404
of which Trade receivables: -€64,237
- Profit (loss) carried forward +€169,590
up €169,590 (+39.5%), from -€429,392 to -€259,802
- Trade debts -€36,719
down €36,719 (-88.9%), from €41,309 to €4,590
- Gross operating margin +€295,550
up €295,550, from -€62,833 to €232,717
- Other operating charges -€18,438
down €18,438 (-37.8%), from €48,735 to €30,298
- Depreciation -€11,367
no longer reported in 2025 (was €11,367)
- Staff costs +€2,654
up €2,654 (+15.7%), from €16,877 to €19,531
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 | €788,669 | €919,777 | +€131,109 | +16.6% |
| Fixed assets | 21/28 | €102,422 | €1,612 | -€100,811 | -98.4% |
| Intangible fixed assets | 21 | €3,884 | - | -€3,884 | |
| Tangible fixed assets | 22/27 | €96,927 | - | -€96,927 | |
| Land and buildings | 22 | €86,363 | - | -€86,363 | |
| Plant, machinery and equipment | 23 | €7,954 | - | -€7,954 | |
| Furniture and vehicles | 24 | €599 | - | -€599 | |
| Other tangible fixed assets | 26 | €2,011 | - | -€2,011 | |
| Financial fixed assets | 28 | €1,612 | €1,612 | = | 0.0% |
| Current assets | 29/58 | €686,246 | €918,166 | +€231,919 | +33.8% |
| Stocks and contracts in progress | 3 | €165,726 | - | -€165,726 | |
| Stocks | 30/36 | €165,726 | - | -€165,726 | |
| Amounts receivable within one year | 40/41 | €97,779 | €8,404 | -€89,375 | -91.4% |
| Trade receivables | 40 | €69,000 | €4,763 | -€64,237 | -93.1% |
| Other amounts receivable | 41 | €28,778 | €3,641 | -€25,138 | -87.3% |
| Cash at bank and in hand | 54/58 | €412,804 | €903,497 | +€490,693 | +118.9% |
| Deferred charges and accrued income | 490/1 | €9,937 | €6,264 | -€3,672 | -37.0% |
| Total equity and liabilities | 10/49 | €788,669 | €919,777 | +€131,109 | +16.6% |
| Equity | 10/15 | €636,073 | €805,663 | +€169,590 | +26.7% |
| Contributions | 10/11 | €23,489 | €23,489 | = | 0.0% |
| Outside capital | 11 | €23,489 | €23,489 | = | 0.0% |
| Share premium | 1100/10 | €1,239 | €1,239 | = | 0.0% |
| Other | 1109/19 | €22,250 | €22,250 | = | 0.0% |
| Reserves | 13 | €1,041,975 | €1,041,975 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,975 | €1,975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,975 | €1,975 | = | 0.0% |
| Distributable reserves | 133 | €1,040,000 | €1,040,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€429,392 | -€259,802 | +€169,590 | +39.5% |
| Amounts payable | 17/49 | €152,596 | €114,114 | -€38,481 | -25.2% |
| Amounts payable within one year | 42/48 | €151,407 | €112,915 | -€38,492 | -25.4% |
| Trade debts | 44 | €41,309 | €4,590 | -€36,719 | -88.9% |
| Suppliers | 440/4 | €41,309 | €4,590 | -€36,719 | -88.9% |
| Taxes, remuneration and social security | 45 | €10,098 | €3,863 | -€6,235 | -61.7% |
| Taxes | 450/3 | - | €9 | +€9 | |
| Remuneration and social security | 454/9 | €10,098 | €3,854 | -€6,244 | -61.8% |
| Other amounts payable | 47/48 | €100,000 | €104,462 | +€4,462 | +4.5% |
| Accrued charges and deferred income | 492/3 | €1,189 | €1,199 | +€11 | +0.9% |
| Remuneration, social security and pensions | 62 | €16,877 | €19,531 | +€2,654 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,367 | - | -€11,367 | |
| Other operating charges | 640/8 | €48,735 | €30,298 | -€18,438 | -37.8% |
| Non-recurring operating charges | 66A | - | €12,437 | +€12,437 | |
| Gross operating margin | 9900 | -€62,833 | €232,717 | +€295,550 | |
| Operating profit (loss) | 9901 | -€139,812 | €170,451 | +€310,263 | |
| Financial income | 75/76B | €837 | €16 | -€821 | -98.1% |
| Recurring financial income | 75 | €837 | €16 | -€821 | -98.1% |
| Financial charges | 65/66B | €2,373 | €878 | -€1,496 | -63.0% |
| Recurring financial charges | 65 | €2,373 | €878 | -€1,496 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | -€141,348 | €169,590 | +€310,938 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€141,348 | €169,590 | +€310,938 | |
| Profit (loss) for the period to be appropriated | 9905 | -€141,348 | €169,590 | +€310,938 |
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 7 October 2026 via checked.be.