SOCRATES HR.: 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.
SOCRATES HR.
Largest movements
- Cash +€9,729
up €9,729 (+337%), from €2,886 to €12,616
mainly Trade debts (+€8,547) and Depreciation (+€5,603)
- Intangible fixed assets -€4,808
down €4,808 (-46.9%), from €10,256 to €5,448
- Receivables within one year -€4,789
down €4,789 (-13.4%), from €35,787 to €30,997
of which Trade receivables: -€4,156
- Deferred charges and accrued income -€3,165
down €3,165 (-100%), from €3,165 to €0
- Tangible fixed assets -€795
down €795 (-67.1%), from €1,185 to €390
- Trade debts +€8,547
up €8,547 (+186%), from €4,588 to €13,135
- Tax, wage and social debts -€6,317
down €6,317 (-100%), from €6,317 to €0
- Profit (loss) carried forward -€6,059
down €6,059 (-39.9%), from €15,166 to €9,108
- Gross operating margin -€5,154
down €5,154 (-84.1%), from €6,130 to €976
- Depreciation -€411
down €411 (-6.8%), from €6,014 to €5,603
- Other operating charges +€216
up €216 (+55.7%), from €387 to €603
- Staff costs +€101
new in 2025: €101
- Financial charges -€70
down €70 (-8.8%), from €797 to €727
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 | €54,770 | €50,941 | -€3,829 | -7.0% |
| Fixed assets | 21/28 | €12,932 | €7,328 | -€5,603 | -43.3% |
| Intangible fixed assets | 21 | €10,256 | €5,448 | -€4,808 | -46.9% |
| Tangible fixed assets | 22/27 | €1,185 | €390 | -€795 | -67.1% |
| Furniture and vehicles | 24 | €1,185 | €390 | -€795 | -67.1% |
| Financial fixed assets | 28 | €1,491 | €1,491 | = | 0.0% |
| Current assets | 29/58 | €41,838 | €43,613 | +€1,775 | +4.2% |
| Amounts receivable within one year | 40/41 | €35,787 | €30,997 | -€4,789 | -13.4% |
| Trade receivables | 40 | €34,967 | €30,811 | -€4,156 | -11.9% |
| Other amounts receivable | 41 | €820 | €186 | -€634 | -77.3% |
| Cash at bank and in hand | 54/58 | €2,886 | €12,616 | +€9,729 | +337% |
| Deferred charges and accrued income | 490/1 | €3,165 | €0 | -€3,165 | -100% |
| Total equity and liabilities | 10/49 | €54,770 | €50,941 | -€3,829 | -7.0% |
| Equity | 10/15 | €43,865 | €37,806 | -€6,059 | -13.8% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €3,909 | €3,909 | = | 0.0% |
| Distributable reserves | 133 | €3,909 | €3,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,166 | €9,108 | -€6,059 | -39.9% |
| Amounts payable | 17/49 | €10,905 | €13,135 | +€2,230 | +20.4% |
| Amounts payable within one year | 42/48 | €10,905 | €13,135 | +€2,230 | +20.4% |
| Trade debts | 44 | €4,588 | €13,135 | +€8,547 | +186% |
| Suppliers | 440/4 | €4,588 | €13,135 | +€8,547 | +186% |
| Taxes, remuneration and social security | 45 | €6,317 | €0 | -€6,317 | -100% |
| Taxes | 450/3 | €6,317 | €0 | -€6,317 | -100% |
| Remuneration, social security and pensions | 62 | - | €101 | +€101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,014 | €5,603 | -€411 | -6.8% |
| Other operating charges | 640/8 | €387 | €603 | +€216 | +55.7% |
| Gross operating margin | 9900 | €6,130 | €976 | -€5,154 | -84.1% |
| Operating profit (loss) | 9901 | -€271 | -€5,332 | -€5,060 | -1,866% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €797 | €727 | -€70 | -8.8% |
| Recurring financial charges | 65 | €797 | €727 | -€70 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,069 | -€6,059 | -€4,990 | -467% |
| Profit (loss) for the period | 9904 | -€1,069 | -€6,059 | -€4,990 | -467% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,069 | -€6,059 | -€4,990 | -467% |
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 13 October 2026 via checked.be.