SOCOTRA: 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.
SOCOTRA
Largest movements
- Receivables within one year +€681,167
up €681,167 (+151%), from €452,461 to €1.1m
of which Trade receivables: +€684,252
- Cash -€569,629
down €569,629 (-99.8%), from €570,825 to €1,196
mainly Receivables within one year (-€681,167) and Stocks and contracts (-€306,507)
- Stocks and contracts +€306,507
up €306,507 (+4,394%), from €6,975 to €313,483
- Financial fixed assets -€105,000
down €105,000 (-3.5%), from €3.0m to €2.9m
- Other debts +€199,431
up €199,431 (+27.3%), from €731,457 to €930,889
- Reserves +€105,157
up €105,157 (+4.2%), from €2.5m to €2.6m
- Gross operating margin -€60,841
down €60,841 (-23.8%), from €255,894 to €195,053
- Financial charges +€33,596
up €33,596 (+40.7%), from €82,604 to €116,200
- Taxes -€4,403
down €4,403 (-10.6%), from €41,648 to €37,245
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,145,126 | €4,444,076 | +€298,949 | +7.2% |
| Fixed assets | 21/28 | €3,031,751 | €2,935,972 | -€95,780 | -3.2% |
| Tangible fixed assets | 22/27 | €10 | €9,231 | +€9,220 | +89,343% |
| Plant, machinery and equipment | 23 | - | €2,723 | +€2,723 | |
| Furniture and vehicles | 24 | €10 | €6,508 | +€6,497 | +62,959% |
| Financial fixed assets | 28 | €3,031,741 | €2,926,741 | -€105,000 | -3.5% |
| Current assets | 29/58 | €1,113,375 | €1,508,104 | +€394,729 | +35.5% |
| Stocks and contracts in progress | 3 | €6,975 | €313,483 | +€306,507 | +4,394% |
| Stocks | 30/36 | €6,975 | €313,483 | +€306,507 | +4,394% |
| Amounts receivable within one year | 40/41 | €452,461 | €1,133,628 | +€681,167 | +151% |
| Trade receivables | 40 | €434,077 | €1,118,330 | +€684,252 | +158% |
| Other amounts receivable | 41 | €18,384 | €15,298 | -€3,086 | -16.8% |
| Cash at bank and in hand | 54/58 | €570,825 | €1,196 | -€569,629 | -99.8% |
| Deferred charges and accrued income | 490/1 | €83,114 | €59,797 | -€23,316 | -28.1% |
| Total equity and liabilities | 10/49 | €4,145,126 | €4,444,076 | +€298,949 | +7.2% |
| Equity | 10/15 | €2,526,281 | €2,631,438 | +€105,157 | +4.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,507,689 | €2,612,846 | +€105,157 | +4.2% |
| Distributable reserves | 133 | €2,507,689 | €2,612,846 | +€105,157 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,618,846 | €1,812,637 | +€193,792 | +12.0% |
| Amounts payable after more than one year | 17 | €766,325 | €766,325 | = | 0.0% |
| Financial debts | 170/4 | €766,325 | €766,325 | = | 0.0% |
| Amounts payable within one year | 42/48 | €778,720 | €968,663 | +€189,943 | +24.4% |
| Trade debts | 44 | €47,263 | €37,529 | -€9,733 | -20.6% |
| Suppliers | 440/4 | €47,263 | €37,529 | -€9,733 | -20.6% |
| Taxes, remuneration and social security | 45 | €0 | €245 | +€245 | |
| Taxes | 450/3 | €0 | €245 | +€245 | |
| Other amounts payable | 47/48 | €731,457 | €930,889 | +€199,431 | +27.3% |
| Accrued charges and deferred income | 492/3 | €73,801 | €77,650 | +€3,849 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €531 | €1,408 | +€877 | +165% |
| Other operating charges | 640/8 | €489 | €1,260 | +€772 | +158% |
| Gross operating margin | 9900 | €255,894 | €195,053 | -€60,841 | -23.8% |
| Operating profit (loss) | 9901 | €254,874 | €192,385 | -€62,489 | -24.5% |
| Financial income | 75/76B | €66,960 | €66,217 | -€743 | -1.1% |
| Recurring financial income | 75 | €66,960 | €66,217 | -€743 | -1.1% |
| Financial charges | 65/66B | €82,604 | €116,200 | +€33,596 | +40.7% |
| Recurring financial charges | 65 | €82,604 | €116,200 | +€33,596 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | €239,230 | €142,402 | -€96,828 | -40.5% |
| Income taxes | 67/77 | €41,648 | €37,245 | -€4,403 | -10.6% |
| Profit (loss) for the period | 9904 | €197,582 | €105,157 | -€92,425 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €197,582 | €105,157 | -€92,425 | -46.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.