Socquet: 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.
Socquet
Largest movements
- Cash +€413,920
up €413,920 (+55.0%), from €752,973 to €1.2m
mainly Current investments (+€240,000) and Depreciation (+€157,907)
- Current investments -€240,000
down €240,000 (-32.4%), from €740,000 to €500,000
- Tangible fixed assets -€82,173
down €82,173 (-25.9%), from €317,068 to €234,895
of which Leasing and similar rights: -€88,445
- Other debts +€136,305
up €136,305 (+7,887%), from €1,728 to €138,034
- Debts after one year -€72,925
down €72,925 (-41.6%), from €175,157 to €102,232
- Tax, wage and social debts +€51,823
up €51,823 (+250%), from €20,738 to €72,561
of which Taxes: +€50,996
- Current portion of long-term debt -€20,805
down €20,805 (-20.0%), from €103,957 to €83,152
- Depreciation -€118,715
down €118,715 (-42.9%), from €276,623 to €157,907
- Taxes +€54,073
up €54,073 (+159%), from €34,057 to €88,130
- Financial income +€47,736
up €47,736 (+405%), from €11,794 to €59,530
- Gross operating margin -€44,887
down €44,887 (-10.3%), from €434,067 to €389,181
- Staff costs +€8,442
up €8,442 (+21.1%), from €40,021 to €48,463
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 | €1,848,779 | €1,938,150 | +€89,370 | +4.8% |
| Fixed assets | 21/28 | €317,068 | €234,895 | -€82,173 | -25.9% |
| Tangible fixed assets | 22/27 | €317,068 | €234,895 | -€82,173 | -25.9% |
| Land and buildings | 22 | €108,176 | €104,723 | -€3,453 | -3.2% |
| Plant, machinery and equipment | 23 | €43,224 | - | -€43,224 | |
| Furniture and vehicles | 24 | €2,887 | €55,835 | +€52,949 | +1,834% |
| Leasing and similar rights | 25 | €162,782 | €74,337 | -€88,445 | -54.3% |
| Current assets | 29/58 | €1,531,711 | €1,703,255 | +€171,543 | +11.2% |
| Amounts receivable within one year | 40/41 | €37,814 | €29,170 | -€8,643 | -22.9% |
| Trade receivables | 40 | €36,299 | €29,170 | -€7,129 | -19.6% |
| Other amounts receivable | 41 | €1,514 | - | -€1,514 | |
| Current investments | 50/53 | €740,000 | €500,000 | -€240,000 | -32.4% |
| Cash at bank and in hand | 54/58 | €752,973 | €1,166,893 | +€413,920 | +55.0% |
| Deferred charges and accrued income | 490/1 | €924 | €7,192 | +€6,267 | +678% |
| Total equity and liabilities | 10/49 | €1,848,779 | €1,938,150 | +€89,370 | +4.8% |
| Equity | 10/15 | €1,464,005 | €1,473,821 | +€9,816 | +0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €851,561 | €862,097 | +€10,536 | +1.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €77,611 | €27,860 | -€49,751 | -64.1% |
| Distributable reserves | 133 | €772,090 | €832,378 | +€60,288 | +7.8% |
| Profit (loss) carried forward | 14 | €592,668 | €592,668 | = | 0.0% |
| Investment grants | 15 | €1,185 | €464 | -€720 | -60.8% |
| Provisions and deferred taxes | 16 | €19,268 | €5,659 | -€13,610 | -70.6% |
| Deferred taxes | 168 | €19,268 | €5,659 | -€13,610 | -70.6% |
| Amounts payable | 17/49 | €365,506 | €458,670 | +€93,164 | +25.5% |
| Amounts payable after more than one year | 17 | €175,157 | €102,232 | -€72,925 | -41.6% |
| Financial debts | 170/4 | €175,157 | €102,232 | -€72,925 | -41.6% |
| Amounts payable within one year | 42/48 | €190,062 | €355,019 | +€164,957 | +86.8% |
| Current portion of amounts payable after more than one year | 42 | €103,957 | €83,152 | -€20,805 | -20.0% |
| Trade debts | 44 | €63,639 | €61,273 | -€2,366 | -3.7% |
| Suppliers | 440/4 | €63,639 | €61,273 | -€2,366 | -3.7% |
| Taxes, remuneration and social security | 45 | €20,738 | €72,561 | +€51,823 | +250% |
| Taxes | 450/3 | €16,887 | €67,883 | +€50,996 | +302% |
| Remuneration and social security | 454/9 | €3,851 | €4,678 | +€827 | +21.5% |
| Other amounts payable | 47/48 | €1,728 | €138,034 | +€136,305 | +7,887% |
| Accrued charges and deferred income | 492/3 | €287 | €1,418 | +€1,131 | +394% |
| Non-recurring operating income | 76A | - | €1,767 | +€1,767 | |
| Remuneration, social security and pensions | 62 | €40,021 | €48,463 | +€8,442 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €276,623 | €157,907 | -€118,715 | -42.9% |
| Other operating charges | 640/8 | €2,873 | €3,243 | +€370 | +12.9% |
| Gross operating margin | 9900 | €434,067 | €389,181 | -€44,887 | -10.3% |
| Operating profit (loss) | 9901 | €114,551 | €179,568 | +€65,017 | +56.8% |
| Financial income | 75/76B | €11,794 | €59,530 | +€47,736 | +405% |
| Recurring financial income | 75 | €11,794 | €59,530 | +€47,736 | +405% |
| Financial charges | 65/66B | €13,516 | €10,540 | -€2,976 | -22.0% |
| Recurring financial charges | 65 | €13,516 | €10,540 | -€2,976 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €112,828 | €228,558 | +€115,729 | +103% |
| Transfer from deferred taxes | 780 | €2,277 | €13,610 | +€11,332 | +498% |
| Income taxes | 67/77 | €34,057 | €88,130 | +€54,073 | +159% |
| Profit (loss) for the period | 9904 | €81,049 | €154,037 | +€72,989 | +90.1% |
| Transfer from tax-exempt reserves | 789 | €4,423 | €49,751 | +€45,329 | +1,025% |
| Profit (loss) for the period to be appropriated | 9905 | €85,471 | €203,789 | +€118,317 | +138% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.