SOCORAD: 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.
SOCORAD
Largest movements
- Tangible fixed assets -€14,376
down €14,376 (-14.6%), from €98,608 to €84,232
of which Furniture and vehicles: -€10,026
- Cash -€13,622
down €13,622 (-11.4%), from €119,134 to €105,511
mainly Net result for the year (-€20,586) and Receivables within one year (-€2,599)
- Receivables within one year +€2,599
up €2,599 (+136%), from €1,906 to €4,505
of which Trade receivables: +€1,872
- Profit (loss) carried forward -€20,586
down €20,586 (-46.1%), from -€44,614 to -€65,200
- Gross operating margin +€4,389
up €4,389 (+4,326%), from €101 to €4,491
- Financial charges +€296
up €296 (+33.7%), from €878 to €1,174
- Other operating charges +€172
up €172 (+2.7%), from €6,427 to €6,599
- Depreciation -€109
down €109 (-0.6%), from €16,950 to €16,842
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 | €220,871 | €195,931 | -€24,940 | -11.3% |
| Fixed assets | 21/28 | €98,608 | €84,232 | -€14,376 | -14.6% |
| Tangible fixed assets | 22/27 | €98,608 | €84,232 | -€14,376 | -14.6% |
| Land and buildings | 22 | €64,553 | €60,203 | -€4,350 | -6.7% |
| Furniture and vehicles | 24 | €34,056 | €24,029 | -€10,026 | -29.4% |
| Current assets | 29/58 | €122,263 | €111,699 | -€10,564 | -8.6% |
| Amounts receivable within one year | 40/41 | €1,906 | €4,505 | +€2,599 | +136% |
| Trade receivables | 40 | €0 | €1,872 | +€1,872 | |
| Other amounts receivable | 41 | €1,906 | €2,633 | +€727 | +38.1% |
| Cash at bank and in hand | 54/58 | €119,134 | €105,511 | -€13,622 | -11.4% |
| Deferred charges and accrued income | 490/1 | €1,223 | €1,682 | +€459 | +37.6% |
| Total equity and liabilities | 10/49 | €220,871 | €195,931 | -€24,940 | -11.3% |
| Equity | 10/15 | €203,055 | €182,469 | -€20,586 | -10.1% |
| Contributions | 10/11 | €205,690 | €205,690 | = | 0.0% |
| Capital | 10 | €205,690 | €205,690 | = | 0.0% |
| Issued capital | 100 | €205,690 | €205,690 | = | 0.0% |
| Reserves | 13 | €41,979 | €41,979 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,569 | €20,569 | = | 0.0% |
| Legal reserve | 130 | €20,569 | €20,569 | = | 0.0% |
| Distributable reserves | 133 | €21,410 | €21,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,614 | -€65,200 | -€20,586 | -46.1% |
| Amounts payable | 17/49 | €17,816 | €13,462 | -€4,355 | -24.4% |
| Amounts payable within one year | 42/48 | €17,530 | €12,783 | -€4,747 | -27.1% |
| Trade debts | 44 | €5,191 | €2,987 | -€2,205 | -42.5% |
| Suppliers | 440/4 | €5,191 | €2,987 | -€2,205 | -42.5% |
| Taxes, remuneration and social security | 45 | €2,646 | €1,440 | -€1,206 | -45.6% |
| Taxes | 450/3 | €2,646 | €1,440 | -€1,206 | -45.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,693 | €8,356 | -€1,337 | -13.8% |
| Accrued charges and deferred income | 492/3 | €286 | €679 | +€393 | +137% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,950 | €16,842 | -€109 | -0.6% |
| Other operating charges | 640/8 | €6,427 | €6,599 | +€172 | +2.7% |
| Gross operating margin | 9900 | €101 | €4,491 | +€4,389 | +4,326% |
| Operating profit (loss) | 9901 | -€23,276 | -€18,950 | +€4,326 | +18.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €878 | €1,174 | +€296 | +33.7% |
| Recurring financial charges | 65 | €878 | €1,174 | +€296 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,154 | -€20,123 | +€4,030 | +16.7% |
| Income taxes | 67/77 | €471 | €462 | -€9 | -1.9% |
| Profit (loss) for the period | 9904 | -€24,624 | -€20,586 | +€4,039 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,624 | -€20,586 | +€4,039 | +16.4% |
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 24 October 2026 via checked.be.