SOCOTECH: 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.
SOCOTECH
Largest movements
- Tangible fixed assets -€3,899
down €3,899 (-85.1%), from €4,581 to €682
of which Furniture and vehicles: -€3,899
- Cash -€2,857
down €2,857 (-6.8%), from €42,320 to €39,463
- Receivables within one year -€1,897
down €1,897 (-64.8%), from €2,930 to €1,032
of which Other amounts receivable: -€1,602
- Profit (loss) carried forward -€6,490
down €6,490 (-49.7%), from -€13,049 to -€19,539
- Other debts -€1,183
down €1,183 (-61.8%), from €1,914 to €731
- Trade debts -€561
down €561 (-84.4%), from €665 to €104
- Gross operating margin -€25,619
down €25,619, from €25,476 to -€143
- Depreciation -€4,087
no longer reported in 2025 (was €4,087)
- Taxes -€1,898
no longer reported in 2025 (was €1,898)
- Other operating charges +€690
up €690 (+153.2%), from €450 to €1,140
From the 2023 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,864 | €41,178 | -€8,686 | -17.4% |
| Fixed assets | 21/28 | €4,581 | €682 | -€3,899 | -85.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €4,581 | €682 | -€3,899 | -85.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,581 | €682 | -€3,899 | -85.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €45,283 | €40,496 | -€4,787 | -10.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,930 | €1,032 | -€1,897 | -64.8% |
| Trade receivables | 40 | €1,328 | €1,032 | -€295 | -22.2% |
| Other amounts receivable | 41 | €1,602 | €0 | -€1,602 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,320 | €39,463 | -€2,857 | -6.8% |
| Deferred charges and accrued income | 490/1 | €33 | - | -€33 | |
| Total equity and liabilities | 10/49 | €49,864 | €41,178 | -€8,686 | -17.4% |
| Equity | 10/15 | €46,833 | €40,343 | -€6,490 | -13.9% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €22,698 | €22,698 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €18,979 | €18,979 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,049 | -€19,539 | -€6,490 | -49.7% |
| Amounts payable | 17/49 | €3,031 | €835 | -€2,196 | -72.5% |
| Amounts payable within one year | 42/48 | €2,944 | €835 | -€2,110 | -71.7% |
| Trade debts | 44 | €665 | €104 | -€561 | -84.4% |
| Suppliers | 440/4 | €665 | €104 | -€561 | -84.4% |
| Taxes, remuneration and social security | 45 | €365 | €0 | -€365 | -100.0% |
| Taxes | 450/3 | €365 | €0 | -€365 | -100.0% |
| Other amounts payable | 47/48 | €1,914 | €731 | -€1,183 | -61.8% |
| Accrued charges and deferred income | 492/3 | €86 | - | -€86 | |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,087 | - | -€4,087 | |
| Other operating charges | 640/8 | €450 | €1,140 | +€690 | +153.2% |
| Gross operating margin | 9900 | €25,476 | -€143 | -€25,619 | |
| Operating profit (loss) | 9901 | €20,939 | -€1,283 | -€22,222 | |
| Financial income | 75/76B | €33 | €200 | +€167 | +507.0% |
| Recurring financial income | 75 | €33 | €200 | +€167 | +507.0% |
| Financial charges | 65/66B | €94 | €45 | -€49 | -52.3% |
| Recurring financial charges | 65 | €94 | €45 | -€49 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €20,877 | -€1,128 | -€22,005 | |
| Income taxes | 67/77 | €1,898 | - | -€1,898 | |
| Profit (loss) for the period | 9904 | €18,979 | -€1,128 | -€20,107 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,979 | -€1,128 | -€20,107 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.