SOCREAL: what changed
Two fiscal 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.
SOCREAL
Largest movements
- Cash +€36,795
up €36,795 (+18.1%), from €203,769 to €240,564
mainly Other debts (+€149,760) and Net result for the year (+€19,985)
- Receivables within one year -€14,586
down €14,586 (-15.0%), from €96,990 to €82,404
of which Other amounts receivable: -€8,657
- Tangible fixed assets +€5,851
up €5,851 (+276.3%), from €2,118 to €7,969
of which Other tangible fixed assets: +€4,205
- Other debts +€149,760
up €149,760 (+62400.0%), from €240 to €150,000
- Profit (loss) carried forward -€130,015
down €130,015 (-47.2%), from €275,344 to €145,329
- Tax, wage and social debts +€6,571
up €6,571 (+72.1%), from €9,109 to €15,680
of which Taxes: +€5,001
- Gross operating margin +€21,364
up €21,364 (+25.9%), from €82,340 to €103,704
- Staff costs +€13,888
up €13,888 (+25.4%), from €54,676 to €68,564
- Depreciation +€2,931
up €2,931 (+359.6%), from €815 to €3,746
- Taxes +€2,162
up €2,162 (+41.1%), from €5,254 to €7,416
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,440 | €337,332 | +€26,892 | +8.7% |
| Fixed assets | 21/28 | €2,118 | €7,969 | +€5,851 | +276.3% |
| Tangible fixed assets | 22/27 | €2,118 | €7,969 | +€5,851 | +276.3% |
| Plant, machinery and equipment | 23 | €2,118 | €1,140 | -€978 | -46.2% |
| Furniture and vehicles | 24 | - | €2,624 | +€2,624 | |
| Other tangible fixed assets | 26 | - | €4,205 | +€4,205 | |
| Current assets | 29/58 | €308,322 | €329,363 | +€21,041 | +6.8% |
| Stocks and contracts in progress | 3 | €3,924 | €3,666 | -€258 | -6.6% |
| Stocks | 30/36 | €3,924 | €3,666 | -€258 | -6.6% |
| Amounts receivable within one year | 40/41 | €96,990 | €82,404 | -€14,586 | -15.0% |
| Trade receivables | 40 | €74,400 | €68,471 | -€5,929 | -8.0% |
| Other amounts receivable | 41 | €22,590 | €13,933 | -€8,657 | -38.3% |
| Cash at bank and in hand | 54/58 | €203,769 | €240,564 | +€36,795 | +18.1% |
| Deferred charges and accrued income | 490/1 | €3,639 | €2,729 | -€910 | -25.0% |
| Total equity and liabilities | 10/49 | €310,440 | €337,332 | +€26,892 | +8.7% |
| Equity | 10/15 | €295,795 | €165,780 | -€130,015 | -44.0% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Capital | 10 | €20,451 | €20,451 | = | 0.0% |
| Issued capital | 100 | €20,451 | €20,451 | = | 0.0% |
| Profit (loss) carried forward | 14 | €275,344 | €145,329 | -€130,015 | -47.2% |
| Amounts payable | 17/49 | €14,645 | €171,552 | +€156,907 | +1071.4% |
| Amounts payable within one year | 42/48 | €14,645 | €171,552 | +€156,907 | +1071.4% |
| Trade debts | 44 | €5,296 | €5,872 | +€576 | +10.9% |
| Suppliers | 440/4 | €5,296 | €5,872 | +€576 | +10.9% |
| Taxes, remuneration and social security | 45 | €9,109 | €15,680 | +€6,571 | +72.1% |
| Taxes | 450/3 | €5,298 | €10,299 | +€5,001 | +94.4% |
| Remuneration and social security | 454/9 | €3,811 | €5,381 | +€1,570 | +41.2% |
| Other amounts payable | 47/48 | €240 | €150,000 | +€149,760 | +62400.0% |
| Non-recurring operating income | 76A | €1,140 | €197 | -€943 | -82.7% |
| Remuneration, social security and pensions | 62 | €54,676 | €68,564 | +€13,888 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €815 | €3,746 | +€2,931 | +359.6% |
| Other operating charges | 640/8 | €2,560 | €2,532 | -€28 | -1.1% |
| Gross operating margin | 9900 | €82,340 | €103,704 | +€21,364 | +25.9% |
| Operating profit (loss) | 9901 | €24,289 | €28,862 | +€4,573 | +18.8% |
| Financial income | 75/76B | €23 | €460 | +€437 | +1900.0% |
| Recurring financial income | 75 | €23 | €460 | +€437 | +1900.0% |
| Financial charges | 65/66B | €1,617 | €1,921 | +€304 | +18.8% |
| Recurring financial charges | 65 | €1,217 | €971 | -€246 | -20.2% |
| Non-recurring financial charges | 66B | €400 | €950 | +€550 | +137.5% |
| Profit (loss) for the period before taxes | 9903 | €22,695 | €27,401 | +€4,706 | +20.7% |
| Income taxes | 67/77 | €5,254 | €7,416 | +€2,162 | +41.1% |
| Profit (loss) for the period | 9904 | €17,441 | €19,985 | +€2,544 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,441 | €19,985 | +€2,544 | +14.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.