SOCOMIND: what changed
What changed
SOCOMIND
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€24,064
2024 · €39,296-€15,233
Equity
€220,157
2024 · €243,726-€23,568
Cash
€6,633
2024 · €4,583+€2,050
Balance sheet total
€246,017
2024 · €283,197-€37,180
Largest movements
Assets
- Current investments -€42,751
down €42,751 (-22.6%), from €189,227 to €146,476
- Receivables within one year +€6,660
up €6,660 (+63.1%), from €10,547 to €17,207
of which Other amounts receivable: +€8,138
- Tangible fixed assets -€3,225
down €3,225 (-4.3%), from €75,454 to €72,229
of which Furniture and vehicles: -€6,481
Equity and liabilities
- Reserves -€23,568
down €23,568 (-10.0%), from €236,767 to €213,199
- Tax, wage and social debts -€10,302
down €10,302 (-64.8%), from €15,905 to €5,603
- Debts after one year -€6,250
down €6,250 (-62.3%), from €10,032 to €3,781
- Trade debts +€5,398
up €5,398 (+5,137%), from €105 to €5,503
Income statement
- Gross operating margin -€18,999
down €18,999 (-30.5%), from €62,360 to €43,361
- Taxes -€1,649
down €1,649 (-13.3%), from €12,418 to €10,768
- Financial income +€1,033
up €1,033 (+228%), from €454 to €1,487
- Financial charges -€651
down €651 (-58.0%), from €1,123 to €472
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€39,296
Gross operating margin
-€18,999
Depreciation
-€128
Other operating charges
+€16
Other operating items
+€545
Financial income
+€1,033
Financial charges
+€651
Taxes
+€1,649
Result 2025
€24,064
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€18,273
Investment
+€37,378
Financing
-€53,601
Cash 2024
€4,583
From operations (derived)
+€18,273
Net result for the year
+€24,064
Depreciation
+€8,599
Receivables within one year
-€6,660
Deferred charges and accrued income
-€86
Trade debts
+€5,398
Tax, wage and social debts
-€10,302
Other debts
-€2,739
Investment (derived)
+€37,378
Investment in fixed assets (net)
-€5,374
Current investments
+€42,751
Financing
-€53,601
Debts after one year
-€6,250
Current portion of long-term debt
+€281
Contributions, distributions and other
-€47,632
Cash 2025
€6,633
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,197 | €246,017 | -€37,180 | -13.1% |
| Fixed assets | 21/28 | €76,079 | €72,854 | -€3,225 | -4.2% |
| Tangible fixed assets | 22/27 | €75,454 | €72,229 | -€3,225 | -4.3% |
| Land and buildings | 22 | €50,000 | €50,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €405 | €3,660 | +€3,256 | +804% |
| Furniture and vehicles | 24 | €25,049 | €18,569 | -€6,481 | -25.9% |
| Financial fixed assets | 28 | €625 | €625 | = | 0.0% |
| Current assets | 29/58 | €207,118 | €173,163 | -€33,955 | -16.4% |
| Amounts receivable within one year | 40/41 | €10,547 | €17,207 | +€6,660 | +63.1% |
| Trade receivables | 40 | €9,631 | €8,153 | -€1,478 | -15.4% |
| Other amounts receivable | 41 | €915 | €9,054 | +€8,138 | +889% |
| Current investments | 50/53 | €189,227 | €146,476 | -€42,751 | -22.6% |
| Cash at bank and in hand | 54/58 | €4,583 | €6,633 | +€2,050 | +44.7% |
| Deferred charges and accrued income | 490/1 | €2,761 | €2,848 | +€86 | +3.1% |
| Total equity and liabilities | 10/49 | €283,197 | €246,017 | -€37,180 | -13.1% |
| Equity | 10/15 | €243,726 | €220,157 | -€23,568 | -9.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €236,767 | €213,199 | -€23,568 | -10.0% |
| Distributable reserves | 133 | €236,767 | €213,199 | -€23,568 | -10.0% |
| Profit (loss) carried forward | 14 | €761 | €761 | = | 0.0% |
| Amounts payable | 17/49 | €39,472 | €25,859 | -€13,612 | -34.5% |
| Amounts payable after more than one year | 17 | €10,032 | €3,781 | -€6,250 | -62.3% |
| Financial debts | 170/4 | €10,032 | €3,781 | -€6,250 | -62.3% |
| Amounts payable within one year | 42/48 | €29,440 | €22,078 | -€7,362 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €5,969 | €6,250 | +€281 | +4.7% |
| Trade debts | 44 | €105 | €5,503 | +€5,398 | +5,137% |
| Suppliers | 440/4 | €105 | €5,503 | +€5,398 | +5,137% |
| Taxes, remuneration and social security | 45 | €15,905 | €5,603 | -€10,302 | -64.8% |
| Taxes | 450/3 | €15,905 | €5,603 | -€10,302 | -64.8% |
| Other amounts payable | 47/48 | €7,461 | €4,722 | -€2,739 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,470 | €8,599 | +€128 | +1.5% |
| Other operating charges | 640/8 | €962 | €946 | -€16 | -1.7% |
| Non-recurring operating charges | 66A | €545 | €0 | -€545 | -100% |
| Gross operating margin | 9900 | €62,360 | €43,361 | -€18,999 | -30.5% |
| Operating profit (loss) | 9901 | €52,383 | €33,817 | -€18,566 | -35.4% |
| Financial income | 75/76B | €454 | €1,487 | +€1,033 | +228% |
| Recurring financial income | 75 | €454 | €1,487 | +€1,033 | +228% |
| Financial charges | 65/66B | €1,123 | €472 | -€651 | -58.0% |
| Recurring financial charges | 65 | €1,123 | €472 | -€651 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €51,714 | €34,832 | -€16,882 | -32.6% |
| Income taxes | 67/77 | €12,418 | €10,768 | -€1,649 | -13.3% |
| Profit (loss) for the period | 9904 | €39,296 | €24,064 | -€15,233 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,296 | €24,064 | -€15,233 | -38.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.