Socradex: 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.
Socradex
Largest movements
- Current investments +€261,515
up €261,515 (+71.2%), from €367,327 to €628,842
- Deferred charges and accrued income -€13,348
down €13,348 (-8.5%), from €157,171 to €143,824
- Intangible fixed assets -€13,000
down €13,000 (-50.0%), from €26,000 to €13,000
- Cash +€10,768
up €10,768 (+8.3%), from €129,308 to €140,075
mainly Net result for the year (+€247,663) and Depreciation (+€13,593)
- Reserves +€247,663
up €247,663 (+38.5%), from €642,883 to €890,546
- Gross operating margin -€23,067
down €23,067 (-5.8%), from €396,478 to €373,411
- Taxes -€5,365
down €5,365 (-4.4%), from €121,619 to €116,254
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 | €689,895 | €939,297 | +€249,402 | +36.2% |
| Fixed assets | 21/28 | €27,929 | €14,336 | -€13,593 | -48.7% |
| Intangible fixed assets | 21 | €26,000 | €13,000 | -€13,000 | -50.0% |
| Tangible fixed assets | 22/27 | €1,929 | €1,336 | -€593 | -30.7% |
| Plant, machinery and equipment | 23 | €1,929 | €1,336 | -€593 | -30.7% |
| Current assets | 29/58 | €661,967 | €924,961 | +€262,994 | +39.7% |
| Amounts receivable within one year | 40/41 | €8,161 | €12,220 | +€4,059 | +49.7% |
| Trade receivables | 40 | €2,235 | €12,220 | +€9,985 | +447% |
| Other amounts receivable | 41 | €5,926 | - | -€5,926 | |
| Current investments | 50/53 | €367,327 | €628,842 | +€261,515 | +71.2% |
| Cash at bank and in hand | 54/58 | €129,308 | €140,075 | +€10,768 | +8.3% |
| Deferred charges and accrued income | 490/1 | €157,171 | €143,824 | -€13,348 | -8.5% |
| Total equity and liabilities | 10/49 | €689,895 | €939,297 | +€249,402 | +36.2% |
| Equity | 10/15 | €647,883 | €895,546 | +€247,663 | +38.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €642,883 | €890,546 | +€247,663 | +38.5% |
| Distributable reserves | 133 | €642,883 | €890,546 | +€247,663 | +38.5% |
| Amounts payable | 17/49 | €42,012 | €43,751 | +€1,739 | +4.1% |
| Amounts payable within one year | 42/48 | €38,123 | €41,141 | +€3,017 | +7.9% |
| Trade debts | 44 | €1,230 | €1,933 | +€703 | +57.1% |
| Suppliers | 440/4 | €1,230 | €1,933 | +€703 | +57.1% |
| Taxes, remuneration and social security | 45 | €28,038 | €26,777 | -€1,262 | -4.5% |
| Taxes | 450/3 | €28,038 | €26,777 | -€1,262 | -4.5% |
| Other amounts payable | 47/48 | €8,855 | €12,432 | +€3,577 | +40.4% |
| Accrued charges and deferred income | 492/3 | €3,889 | €2,611 | -€1,279 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,426 | €13,593 | -€833 | -5.8% |
| Other operating charges | 640/8 | €2,744 | €2,725 | -€19 | -0.7% |
| Gross operating margin | 9900 | €396,478 | €373,411 | -€23,067 | -5.8% |
| Operating profit (loss) | 9901 | €379,309 | €357,094 | -€22,215 | -5.9% |
| Financial income | 75/76B | €6,245 | €9,084 | +€2,839 | +45.5% |
| Recurring financial income | 75 | €6,245 | €9,084 | +€2,839 | +45.5% |
| Financial charges | 65/66B | €5,260 | €2,261 | -€2,999 | -57.0% |
| Recurring financial charges | 65 | €5,260 | €2,261 | -€2,999 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | €380,294 | €363,917 | -€16,378 | -4.3% |
| Income taxes | 67/77 | €121,619 | €116,254 | -€5,365 | -4.4% |
| Profit (loss) for the period | 9904 | €258,675 | €247,663 | -€11,012 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €258,675 | €247,663 | -€11,012 | -4.3% |
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 14 October 2026 via checked.be.