SOCOTRA MANAGEMENT: 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 MANAGEMENT
Largest movements
- Current investments +€19,762
up €19,762 (+5.3%), from €371,377 to €391,139
- Receivables within one year +€16,361
up €16,361 (+69.2%), from €23,655 to €40,016
of which Trade receivables: +€14,345
- Tangible fixed assets +€6,684
up €6,684 (+171%), from €3,910 to €10,594
of which Furniture and vehicles: +€7,606
- Other debts +€156,779
up €156,779 (+34.0%), from €461,426 to €618,205
- Profit (loss) carried forward -€109,488
no longer reported in 2025 (was €109,488)
- Tax, wage and social debts -€11,766
down €11,766 (-44.3%), from €26,584 to €14,819
of which Taxes: -€12,366
- Gross operating margin -€31,849
down €31,849 (-21.8%), from €145,916 to €114,067
- Taxes -€2,098
down €2,098 (-6.7%), from €31,141 to €29,043
- Depreciation +€1,618
up €1,618 (+143%), from €1,128 to €2,746
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 | €618,013 | €656,217 | +€38,204 | +6.2% |
| Fixed assets | 21/28 | €3,910 | €10,594 | +€6,684 | +171% |
| Tangible fixed assets | 22/27 | €3,910 | €10,594 | +€6,684 | +171% |
| Plant, machinery and equipment | 23 | €3,068 | €2,146 | -€922 | -30.0% |
| Furniture and vehicles | 24 | €842 | €8,448 | +€7,606 | +904% |
| Current assets | 29/58 | €614,103 | €645,623 | +€31,520 | +5.1% |
| Amounts receivable after more than one year | 29 | €5,100 | - | -€5,100 | |
| Trade receivables | 290 | €5,100 | - | -€5,100 | |
| Amounts receivable within one year | 40/41 | €23,655 | €40,016 | +€16,361 | +69.2% |
| Trade receivables | 40 | €23,458 | €37,803 | +€14,345 | +61.2% |
| Other amounts receivable | 41 | €197 | €2,213 | +€2,016 | +1,024% |
| Current investments | 50/53 | €371,377 | €391,139 | +€19,762 | +5.3% |
| Cash at bank and in hand | 54/58 | €207,998 | €213,676 | +€5,678 | +2.7% |
| Deferred charges and accrued income | 490/1 | €5,973 | €793 | -€5,180 | -86.7% |
| Total equity and liabilities | 10/49 | €618,013 | €656,217 | +€38,204 | +6.2% |
| Equity | 10/15 | €128,038 | €18,550 | -€109,488 | -85.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,488 | - | -€109,488 | |
| Amounts payable | 17/49 | €489,975 | €637,667 | +€147,693 | +30.1% |
| Amounts payable within one year | 42/48 | €489,975 | €637,667 | +€147,693 | +30.1% |
| Financial debts | 43 | €67 | €129 | +€62 | +91.7% |
| Credit institutions | 430/8 | €67 | €129 | +€62 | +91.7% |
| Trade debts | 44 | €1,897 | €4,514 | +€2,617 | +138% |
| Suppliers | 440/4 | €1,897 | €4,514 | +€2,617 | +138% |
| Taxes, remuneration and social security | 45 | €26,584 | €14,819 | -€11,766 | -44.3% |
| Taxes | 450/3 | €24,684 | €12,319 | -€12,366 | -50.1% |
| Remuneration and social security | 454/9 | €1,900 | €2,500 | +€600 | +31.6% |
| Other amounts payable | 47/48 | €461,426 | €618,205 | +€156,779 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,128 | €2,746 | +€1,618 | +143% |
| Other operating charges | 640/8 | €487 | €567 | +€81 | +16.6% |
| Non-recurring operating charges | 66A | - | €118 | +€118 | |
| Gross operating margin | 9900 | €145,916 | €114,067 | -€31,849 | -21.8% |
| Operating profit (loss) | 9901 | €144,301 | €110,635 | -€33,666 | -23.3% |
| Financial income | 75/76B | €5,764 | €6,072 | +€308 | +5.4% |
| Recurring financial income | 75 | €5,764 | €6,072 | +€308 | +5.4% |
| Financial charges | 65/66B | €1,435 | €2,265 | +€830 | +57.9% |
| Recurring financial charges | 65 | €1,435 | €2,265 | +€830 | +57.9% |
| Profit (loss) for the period before taxes | 9903 | €148,629 | €114,442 | -€34,187 | -23.0% |
| Income taxes | 67/77 | €31,141 | €29,043 | -€2,098 | -6.7% |
| Profit (loss) for the period | 9904 | €117,488 | €85,399 | -€32,089 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €117,488 | €85,399 | -€32,089 | -27.3% |
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 31 October 2026 via checked.be.