SOCORGES: 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.
SOCORGES
Largest movements
- Cash +€40,893
up €40,893 (+3.9%), from €1.1m to €1.1m
mainly Net result for the year (+€42,523) and Receivables within one year (+€3,867)
- Reserves +€42,523
up €42,523 (+7.1%), from €597,404 to €639,927
of which Distributable reserves: +€42,523
- Financial income +€7,290
up €7,290 (+128%), from €5,707 to €12,996
- Other operating charges +€6,277
up €6,277 (+20.9%), from €30,051 to €36,328
- Gross operating margin -€4,866
down €4,866 (-2.3%), from €208,937 to €204,071
- Staff costs +€4,721
up €4,721 (+4.3%), from €110,900 to €115,622
- Taxes -€3,753
down €3,753 (-14.4%), from €26,085 to €22,331
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 | €1,181,006 | €1,220,215 | +€39,208 | +3.3% |
| Fixed assets | 21/28 | €3,707 | €4,724 | +€1,018 | +27.5% |
| Tangible fixed assets | 22/27 | €2,830 | €2,830 | = | 0.0% |
| Land and buildings | 22 | €2,830 | €2,830 | = | 0.0% |
| Financial fixed assets | 28 | €877 | €1,894 | +€1,018 | +116% |
| Current assets | 29/58 | €1,177,299 | €1,215,490 | +€38,191 | +3.2% |
| Amounts receivable within one year | 40/41 | €113,188 | €109,321 | -€3,867 | -3.4% |
| Trade receivables | 40 | €100,160 | €106,949 | +€6,790 | +6.8% |
| Other amounts receivable | 41 | €13,029 | €2,372 | -€10,657 | -81.8% |
| Cash at bank and in hand | 54/58 | €1,057,186 | €1,098,079 | +€40,893 | +3.9% |
| Deferred charges and accrued income | 490/1 | €6,926 | €8,090 | +€1,164 | +16.8% |
| Total equity and liabilities | 10/49 | €1,181,006 | €1,220,215 | +€39,208 | +3.3% |
| Equity | 10/15 | €1,129,404 | €1,171,927 | +€42,523 | +3.8% |
| Contributions | 10/11 | €532,000 | €532,000 | = | 0.0% |
| Reserves | 13 | €597,404 | €639,927 | +€42,523 | +7.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €595,545 | €638,068 | +€42,523 | +7.1% |
| Amounts payable | 17/49 | €51,602 | €48,287 | -€3,314 | -6.4% |
| Amounts payable within one year | 42/48 | €50,829 | €48,287 | -€2,542 | -5.0% |
| Trade debts | 44 | €4,868 | €3,171 | -€1,697 | -34.9% |
| Suppliers | 440/4 | €4,868 | €3,171 | -€1,697 | -34.9% |
| Taxes, remuneration and social security | 45 | €44,667 | €44,947 | +€281 | +0.6% |
| Taxes | 450/3 | €31,760 | €24,499 | -€7,261 | -22.9% |
| Remuneration and social security | 454/9 | €12,907 | €20,448 | +€7,541 | +58.4% |
| Other amounts payable | 47/48 | €1,294 | €168 | -€1,126 | -87.0% |
| Accrued charges and deferred income | 492/3 | €773 | €0 | -€773 | -99.9% |
| Remuneration, social security and pensions | 62 | €110,900 | €115,622 | +€4,721 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415 | - | -€415 | |
| Other operating charges | 640/8 | €30,051 | €36,328 | +€6,277 | +20.9% |
| Gross operating margin | 9900 | €208,937 | €204,071 | -€4,866 | -2.3% |
| Operating profit (loss) | 9901 | €67,571 | €52,121 | -€15,450 | -22.9% |
| Financial income | 75/76B | €5,707 | €12,996 | +€7,290 | +128% |
| Recurring financial income | 75 | €5,707 | €12,996 | +€7,290 | +128% |
| Financial charges | 65/66B | €224 | €263 | +€39 | +17.3% |
| Recurring financial charges | 65 | €224 | €263 | +€39 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €73,053 | €64,854 | -€8,199 | -11.2% |
| Income taxes | 67/77 | €26,085 | €22,331 | -€3,753 | -14.4% |
| Profit (loss) for the period | 9904 | €46,969 | €42,523 | -€4,446 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,969 | €42,523 | -€4,446 | -9.5% |
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 25 October 2026 via checked.be.