SOCOPLAS: 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.
SOCOPLAS
Largest movements
- Receivables within one year -€50,427
down €50,427 (-31.5%), from €159,892 to €109,465
of which Trade receivables: -€49,889
- Tangible fixed assets -€24,273
down €24,273 (-20.5%), from €118,549 to €94,276
of which Plant, machinery and equipment: -€12,962
- Cash +€5,866
up €5,866 (+76.1%), from €7,708 to €13,574
mainly Receivables within one year (+€50,427) and Depreciation (+€34,040)
- Financial fixed assets +€4,800
up €4,800 (+3555.6%), from €135 to €4,935
- Short-term financial debts -€27,303
down €27,303 (-48.4%), from €56,450 to €29,146
- Trade debts -€15,492
down €15,492 (-57.5%), from €26,952 to €11,461
- Profit (loss) carried forward -€14,646
down €14,646 (-9.4%), from €155,089 to €140,442
- Other debts +€9,882
up €9,882 (+21.4%), from €46,239 to €56,120
- Current portion of long-term debt -€7,769
down €7,769 (-53.2%), from €14,590 to €6,821
- Gross operating margin -€23,931
down €23,931 (-38.8%), from €61,702 to €37,772
- Financial charges -€14,232
down €14,232 (-59.9%), from €23,779 to €9,547
of which Non-recurring financial charges: -€11,050
- Other operating charges -€3,704
down €3,704 (-66.3%), from €5,587 to €1,883
- Taxes +€3,260
up €3,260 (+88.4%), from €3,689 to €6,950
- Depreciation +€2,036
up €2,036 (+6.4%), from €32,004 to €34,040
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.
Cash bridge derived
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 | €344,857 | €279,113 | -€65,744 | -19.1% |
| Fixed assets | 21/28 | €118,684 | €99,211 | -€19,473 | -16.4% |
| Tangible fixed assets | 22/27 | €118,549 | €94,276 | -€24,273 | -20.5% |
| Plant, machinery and equipment | 23 | €42,915 | €29,952 | -€12,962 | -30.2% |
| Furniture and vehicles | 24 | €64,834 | €56,224 | -€8,611 | -13.3% |
| Leasing and similar rights | 25 | €10,800 | €8,100 | -€2,700 | -25.0% |
| Financial fixed assets | 28 | €135 | €4,935 | +€4,800 | +3555.6% |
| Current assets | 29/58 | €226,173 | €179,902 | -€46,271 | -20.5% |
| Amounts receivable after more than one year | 29 | €53,300 | €52,800 | -€500 | -0.9% |
| Trade receivables | 290 | €53,300 | €52,800 | -€500 | -0.9% |
| Amounts receivable within one year | 40/41 | €159,892 | €109,465 | -€50,427 | -31.5% |
| Trade receivables | 40 | €106,765 | €56,876 | -€49,889 | -46.7% |
| Other amounts receivable | 41 | €53,127 | €52,590 | -€538 | -1.0% |
| Cash at bank and in hand | 54/58 | €7,708 | €13,574 | +€5,866 | +76.1% |
| Deferred charges and accrued income | 490/1 | €5,273 | €4,063 | -€1,210 | -23.0% |
| Total equity and liabilities | 10/49 | €344,857 | €279,113 | -€65,744 | -19.1% |
| Equity | 10/15 | €175,549 | €160,902 | -€14,646 | -8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €155,089 | €140,442 | -€14,646 | -9.4% |
| Amounts payable | 17/49 | €169,309 | €118,211 | -€51,098 | -30.2% |
| Amounts payable after more than one year | 17 | €5,246 | - | -€5,246 | |
| Financial debts | 170/4 | €5,246 | - | -€5,246 | |
| Amounts payable within one year | 42/48 | €164,038 | €117,538 | -€46,500 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €14,590 | €6,821 | -€7,769 | -53.2% |
| Financial debts | 43 | €56,450 | €29,146 | -€27,303 | -48.4% |
| Credit institutions | 430/8 | €56,450 | €29,146 | -€27,303 | -48.4% |
| Trade debts | 44 | €26,952 | €11,461 | -€15,492 | -57.5% |
| Suppliers | 440/4 | €26,952 | €11,461 | -€15,492 | -57.5% |
| Taxes, remuneration and social security | 45 | €19,807 | €13,989 | -€5,818 | -29.4% |
| Taxes | 450/3 | €19,807 | €13,989 | -€5,818 | -29.4% |
| Other amounts payable | 47/48 | €46,239 | €56,120 | +€9,882 | +21.4% |
| Accrued charges and deferred income | 492/3 | €25 | €673 | +€648 | +2613.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,004 | €34,040 | +€2,036 | +6.4% |
| Other operating charges | 640/8 | €5,587 | €1,883 | -€3,704 | -66.3% |
| Gross operating margin | 9900 | €61,702 | €37,772 | -€23,931 | -38.8% |
| Operating profit (loss) | 9901 | €24,112 | €1,849 | -€22,263 | -92.3% |
| Financial income | 75/76B | €6 | €1 | -€5 | -79.9% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -79.9% |
| Financial charges | 65/66B | €23,779 | €9,547 | -€14,232 | -59.9% |
| Recurring financial charges | 65 | €11,979 | €8,797 | -€3,182 | -26.6% |
| Non-recurring financial charges | 66B | €11,800 | €750 | -€11,050 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | €339 | -€7,697 | -€8,036 | |
| Income taxes | 67/77 | €3,689 | €6,950 | +€3,260 | +88.4% |
| Profit (loss) for the period | 9904 | -€3,350 | -€14,646 | -€11,296 | -337.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,350 | -€14,646 | -€11,296 | -337.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.