Soconfis: 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.
Soconfis
Largest movements
- Tangible fixed assets -€4,412
no longer reported in 2020 (was €4,412)
- Receivables within one year -€246
no longer reported in 2020 (was €246)
- Profit (loss) carried forward -€2,394
down €2,394 (-2.6%), from -€92,355 to -€94,749
- Debts -€2,276
down €2,276 (-3.0%), from €74,882 to €72,606
- Gross operating margin +€2,303
up €2,303 (+2587.6%), from €89 to €2,392
- Depreciation +€2,206
up €2,206 (+100.0%), from €2,206 to €4,412
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,670 | - | -€4,670 | |
| Fixed assets | 21/28 | €4,412 | - | -€4,412 | |
| Tangible fixed assets | 22/27 | €4,412 | - | -€4,412 | |
| Current assets | 29/58 | €258 | - | -€258 | |
| Amounts receivable within one year | 40/41 | €246 | - | -€246 | |
| Cash at bank and in hand | 54/58 | €12 | - | -€12 | |
| Total equity and liabilities | 10/49 | €4,670 | €0 | -€4,670 | -100.0% |
| Equity | 10/15 | -€70,212 | -€72,606 | -€2,394 | -3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,551 | €3,551 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,355 | -€94,749 | -€2,394 | -2.6% |
| Amounts payable | 17/49 | €74,882 | €72,606 | -€2,276 | -3.0% |
| Amounts payable within one year | 42/48 | €74,719 | €72,606 | -€2,113 | -2.8% |
| Trade debts | 44 | €90 | - | -€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,206 | €4,412 | +€2,206 | +100.0% |
| Gross operating margin | 9900 | €89 | €2,392 | +€2,303 | +2587.6% |
| Operating profit (loss) | 9901 | -€2,506 | -€1,971 | +€535 | +21.3% |
| Recurring financial charges | 65 | €927 | €423 | -€504 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,433 | -€2,394 | +€1,039 | +30.3% |
| Profit (loss) for the period | 9904 | -€3,433 | -€2,394 | +€1,039 | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,433 | -€2,394 | +€1,039 | +30.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.