Socor: 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.
Socor
Largest movements
- Cash +€92,935
up €92,935 (+44.7%), from €208,035 to €300,970
mainly Net result for the year (+€239,967) and Depreciation (+€69,567)
- Current investments +€60,912
up €60,912 (+40.4%), from €150,655 to €211,567
- Tangible fixed assets -€35,081
down €35,081 (-5.5%), from €633,890 to €598,809
- Profit (loss) carried forward +€239,967
up €239,967 (+100%), from €239,802 to €479,768
- Debts after one year -€152,667
down €152,667 (-27.0%), from €565,544 to €412,878
- Trade debts +€22,614
up €22,614 (+3,071%), from €736 to €23,350
- Gross operating margin +€46,043
up €46,043 (+12.0%), from €384,183 to €430,226
- Financial income -€20,434
down €20,434 (-81.6%), from €25,041 to €4,607
- Taxes +€12,052
up €12,052 (+19.2%), from €62,730 to €74,782
- Staff costs -€9,574
down €9,574 (-25.3%), from €37,836 to €28,262
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.
Derived cash bridge
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 | €1,020,822 | €1,131,163 | +€110,341 | +10.8% |
| Fixed assets | 21/28 | €633,890 | €598,809 | -€35,081 | -5.5% |
| Tangible fixed assets | 22/27 | €633,890 | €598,809 | -€35,081 | -5.5% |
| Land and buildings | 22 | €518,559 | €513,753 | -€4,806 | -0.9% |
| Plant, machinery and equipment | 23 | €32,677 | €19,432 | -€13,245 | -40.5% |
| Furniture and vehicles | 24 | €82,655 | €65,624 | -€17,031 | -20.6% |
| Current assets | 29/58 | €386,932 | €532,354 | +€145,423 | +37.6% |
| Amounts receivable within one year | 40/41 | €26,271 | €17,897 | -€8,374 | -31.9% |
| Trade receivables | 40 | €445 | €299 | -€146 | -32.8% |
| Other amounts receivable | 41 | €25,826 | €17,598 | -€8,228 | -31.9% |
| Current investments | 50/53 | €150,655 | €211,567 | +€60,912 | +40.4% |
| Cash at bank and in hand | 54/58 | €208,035 | €300,970 | +€92,935 | +44.7% |
| Deferred charges and accrued income | 490/1 | €1,970 | €1,920 | -€49 | -2.5% |
| Total equity and liabilities | 10/49 | €1,020,822 | €1,131,163 | +€110,341 | +10.8% |
| Equity | 10/15 | €389,802 | €629,768 | +€239,967 | +61.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,802 | €479,768 | +€239,967 | +100% |
| Amounts payable | 17/49 | €631,020 | €501,395 | -€129,625 | -20.5% |
| Amounts payable after more than one year | 17 | €565,544 | €412,878 | -€152,667 | -27.0% |
| Financial debts | 170/4 | €565,544 | €412,878 | -€152,667 | -27.0% |
| Amounts payable within one year | 42/48 | €65,476 | €88,517 | +€23,041 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €52,239 | €52,667 | +€428 | +0.8% |
| Trade debts | 44 | €736 | €23,350 | +€22,614 | +3,071% |
| Suppliers | 440/4 | €736 | €23,350 | +€22,614 | +3,071% |
| Other amounts payable | 47/48 | €12,500 | €12,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €37,836 | €28,262 | -€9,574 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,655 | €69,567 | +€912 | +1.3% |
| Other operating charges | 640/8 | €2,230 | €2,484 | +€253 | +11.4% |
| Gross operating margin | 9900 | €384,183 | €430,226 | +€46,043 | +12.0% |
| Operating profit (loss) | 9901 | €275,463 | €329,914 | +€54,451 | +19.8% |
| Financial income | 75/76B | €25,041 | €4,607 | -€20,434 | -81.6% |
| Recurring financial income | 75 | €25,041 | €4,607 | -€20,434 | -81.6% |
| Financial charges | 65/66B | €19,541 | €19,772 | +€231 | +1.2% |
| Recurring financial charges | 65 | €19,541 | €19,772 | +€231 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €280,963 | €314,749 | +€33,786 | +12.0% |
| Income taxes | 67/77 | €62,730 | €74,782 | +€12,052 | +19.2% |
| Profit (loss) for the period | 9904 | €218,233 | €239,967 | +€21,734 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €218,233 | €239,967 | +€21,734 | +10.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.