SOCOVIA: 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.
SOCOVIA
Largest movements
- Tangible fixed assets -€42,149
down €42,149 (-83.7%), from €50,353 to €8,204
- Cash -€22,194
down €22,194 (-99.2%), from €22,379 to €185
mainly Debts after one year (-€53,520) and Net result for the year (-€11,310)
- Financial fixed assets -€3,000
down €3,000 (-75.8%), from €3,959 to €959
- Receivables within one year -€2,166
down €2,166 (-55.5%), from €3,905 to €1,739
- Debts after one year -€53,520
no longer reported in 2007 (was €53,520)
- Profit (loss) carried forward -€11,310
down €11,310 (-34.8%), from -€32,501 to -€43,811
- Debts within one year -€4,679
down €4,679 (-13.5%), from €34,679 to €30,000
- Depreciation -€12,672
down €12,672 (-73.9%), from €17,153 to €4,481
- Gross operating margin +€4,656
up €4,656 (+28.6%), from €16,296 to €20,952
From the 2006 result to the 2007 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 2006 and 2007 balance sheets and the 2007 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2006 | 2007 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,596 | €11,087 | -€69,509 | -86.2% |
| Fixed assets | 21/28 | €54,312 | €9,163 | -€45,149 | -83.1% |
| Tangible fixed assets | 22/27 | €50,353 | €8,204 | -€42,149 | -83.7% |
| Financial fixed assets | 28 | €3,959 | €959 | -€3,000 | -75.8% |
| Current assets | 29/58 | €26,284 | €1,924 | -€24,360 | -92.7% |
| Amounts receivable within one year | 40/41 | €3,905 | €1,739 | -€2,166 | -55.5% |
| Cash at bank and in hand | 54/58 | €22,379 | €185 | -€22,194 | -99.2% |
| Total equity and liabilities | 10/49 | €80,596 | €11,087 | -€69,509 | -86.2% |
| Equity | 10/15 | -€7,603 | -€18,913 | -€11,310 | -149% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €109 | €109 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,501 | -€43,811 | -€11,310 | -34.8% |
| Amounts payable | 17/49 | €88,199 | €30,000 | -€58,199 | -66.0% |
| Amounts payable after more than one year | 17 | €53,520 | - | -€53,520 | |
| Amounts payable within one year | 42/48 | €34,679 | €30,000 | -€4,679 | -13.5% |
| Trade debts | 44 | €9,060 | - | -€9,060 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,153 | €4,481 | -€12,672 | -73.9% |
| Gross operating margin | 9900 | €16,296 | €20,952 | +€4,656 | +28.6% |
| Operating profit (loss) | 9901 | -€21,988 | -€6,701 | +€15,287 | +69.5% |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Recurring financial charges | 65 | €3,626 | €112 | -€3,514 | -96.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,469 | -€11,310 | +€13,159 | +53.8% |
| Profit (loss) for the period | 9904 | -€24,469 | -€11,310 | +€13,159 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,469 | -€11,310 | +€13,159 | +53.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2006 and 31 December 2007. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.