SOCRESA: 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.
SOCRESA
Largest movements
- Cash -€11,518
down €11,518 (-13.3%), from €86,589 to €75,071
mainly Debts after one year (-€26,589) and Investment in fixed assets (net) (-€12,970)
- Receivables within one year +€7,880
up €7,880 (+36.7%), from €21,464 to €29,344
of which Other amounts receivable: +€5,544
- Debts after one year -€26,589
down €26,589 (-33.1%), from €80,305 to €53,716
- Reserves +€26,136
up €26,136 (+21.5%), from €121,504 to €147,639
- Gross operating margin -€21,252
down €21,252 (-24.9%), from €85,472 to €64,220
- Taxes -€6,667
down €6,667 (-29.3%), from €22,756 to €16,090
- Financial charges +€1,166
up €1,166 (+13.5%), from €8,637 to €9,803
- Financial income +€957
up €957 (+13,580%), from €7 to €964
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 | €304,271 | €303,988 | -€283 | -0.1% |
| Fixed assets | 21/28 | €195,275 | €197,604 | +€2,329 | +1.2% |
| Tangible fixed assets | 22/27 | €195,275 | €197,604 | +€2,329 | +1.2% |
| Land and buildings | 22 | €194,469 | €197,020 | +€2,551 | +1.3% |
| Furniture and vehicles | 24 | €806 | €585 | -€221 | -27.5% |
| Current assets | 29/58 | €108,996 | €106,384 | -€2,612 | -2.4% |
| Amounts receivable within one year | 40/41 | €21,464 | €29,344 | +€7,880 | +36.7% |
| Trade receivables | 40 | €7,638 | €9,974 | +€2,336 | +30.6% |
| Other amounts receivable | 41 | €13,826 | €19,370 | +€5,544 | +40.1% |
| Cash at bank and in hand | 54/58 | €86,589 | €75,071 | -€11,518 | -13.3% |
| Deferred charges and accrued income | 490/1 | €943 | €1,969 | +€1,027 | +109% |
| Total equity and liabilities | 10/49 | €304,271 | €303,988 | -€283 | -0.1% |
| Equity | 10/15 | €152,508 | €178,643 | +€26,136 | +17.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €121,504 | €147,639 | +€26,136 | +21.5% |
| Distributable reserves | 133 | €121,504 | €147,639 | +€26,136 | +21.5% |
| Profit (loss) carried forward | 14 | €16,004 | €16,004 | = | 0.0% |
| Amounts payable | 17/49 | €151,763 | €125,345 | -€26,418 | -17.4% |
| Amounts payable after more than one year | 17 | €80,305 | €53,716 | -€26,589 | -33.1% |
| Financial debts | 170/4 | €80,305 | €53,716 | -€26,589 | -33.1% |
| Amounts payable within one year | 42/48 | €71,458 | €71,629 | +€171 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €24,835 | €26,589 | +€1,754 | +7.1% |
| Trade debts | 44 | €374 | €1,720 | +€1,346 | +360% |
| Suppliers | 440/4 | €374 | €1,720 | +€1,346 | +360% |
| Taxes, remuneration and social security | 45 | €46,250 | €43,321 | -€2,929 | -6.3% |
| Taxes | 450/3 | €46,250 | €43,321 | -€2,929 | -6.3% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Non-recurring operating income | 76A | €6,181 | €0 | -€6,181 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,285 | €10,641 | +€356 | +3.5% |
| Other operating charges | 640/8 | €3,021 | €2,515 | -€506 | -16.7% |
| Gross operating margin | 9900 | €85,472 | €64,220 | -€21,252 | -24.9% |
| Operating profit (loss) | 9901 | €72,166 | €51,064 | -€21,102 | -29.2% |
| Financial income | 75/76B | €7 | €964 | +€957 | +13,580% |
| Recurring financial income | 75 | €7 | €964 | +€957 | +13,580% |
| Financial charges | 65/66B | €8,637 | €9,803 | +€1,166 | +13.5% |
| Recurring financial charges | 65 | €8,637 | €9,803 | +€1,166 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €63,536 | €42,225 | -€21,311 | -33.5% |
| Income taxes | 67/77 | €22,756 | €16,090 | -€6,667 | -29.3% |
| Profit (loss) for the period | 9904 | €40,780 | €26,136 | -€14,644 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,780 | €26,136 | -€14,644 | -35.9% |
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 17 October 2026 via checked.be.