Soct: 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.
Soct
Largest movements
- Receivables within one year -€71,187
down €71,187 (-93.8%), from €75,930 to €4,743
- Cash -€36,716
down €36,716 (-89.3%), from €41,102 to €4,386
mainly Contributions, distributions and other (-€124,784) and Investment in fixed assets (net) (-€36,054)
- Tangible fixed assets +€26,618
up €26,618 (+12.6%), from €210,680 to €237,298
of which Assets under construction and advance payments: +€32,915
- Reserves -€68,306
down €68,306 (-37.5%), from €182,034 to €113,728
of which Distributable reserves: -€68,306
- Debts after one year -€20,644
down €20,644 (-9.8%), from €209,591 to €188,946
- Tax, wage and social debts +€9,036
up €9,036 (+818.4%), from €1,104 to €10,140
of which Taxes: +€9,023
- Gross operating margin -€11,856
down €11,856 (-11.9%), from €99,587 to €87,731
- Taxes -€2,251
down €2,251 (-9.9%), from €22,769 to €20,518
- Financial income +€1,745
up €1,745 (+55.8%), from €3,125 to €4,870
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.
Cash bridge derived
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 | €435,768 | €354,443 | -€81,324 | -18.7% |
| Fixed assets | 21/28 | €315,680 | €342,298 | +€26,618 | +8.4% |
| Tangible fixed assets | 22/27 | €210,680 | €237,298 | +€26,618 | +12.6% |
| Land and buildings | 22 | €210,680 | €204,383 | -€6,297 | -3.0% |
| Assets under construction and advance payments | 27 | - | €32,915 | +€32,915 | |
| Financial fixed assets | 28 | €105,000 | €105,000 | = | 0.0% |
| Current assets | 29/58 | €120,087 | €12,145 | -€107,942 | -89.9% |
| Amounts receivable within one year | 40/41 | €75,930 | €4,743 | -€71,187 | -93.8% |
| Other amounts receivable | 41 | €75,930 | €4,743 | -€71,187 | -93.8% |
| Cash at bank and in hand | 54/58 | €41,102 | €4,386 | -€36,716 | -89.3% |
| Deferred charges and accrued income | 490/1 | €3,055 | €3,016 | -€38 | -1.3% |
| Total equity and liabilities | 10/49 | €435,768 | €354,443 | -€81,324 | -18.7% |
| Equity | 10/15 | €200,634 | €132,328 | -€68,306 | -34.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €182,034 | €113,728 | -€68,306 | -37.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €180,174 | €111,868 | -€68,306 | -37.9% |
| Amounts payable | 17/49 | €235,134 | €222,116 | -€13,018 | -5.5% |
| Amounts payable after more than one year | 17 | €209,591 | €188,946 | -€20,644 | -9.8% |
| Financial debts | 170/4 | €209,591 | €188,946 | -€20,644 | -9.8% |
| Amounts payable within one year | 42/48 | €24,344 | €31,709 | +€7,365 | +30.3% |
| Current portion of amounts payable after more than one year | 42 | €23,091 | €20,644 | -€2,447 | -10.6% |
| Trade debts | 44 | €149 | €925 | +€776 | +520.8% |
| Suppliers | 440/4 | €149 | €925 | +€776 | +520.8% |
| Taxes, remuneration and social security | 45 | €1,104 | €10,140 | +€9,036 | +818.4% |
| Taxes | 450/3 | €165 | €9,188 | +€9,023 | +5453.2% |
| Remuneration and social security | 454/9 | €939 | €952 | +€13 | +1.4% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,460 | +€260 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,104 | €9,436 | +€332 | +3.6% |
| Other operating charges | 640/8 | €2,079 | €2,062 | -€18 | -0.9% |
| Gross operating margin | 9900 | €99,587 | €87,731 | -€11,856 | -11.9% |
| Operating profit (loss) | 9901 | €88,404 | €76,233 | -€12,171 | -13.8% |
| Financial income | 75/76B | €3,125 | €4,870 | +€1,745 | +55.8% |
| Recurring financial income | 75 | €3,125 | €4,870 | +€1,745 | +55.8% |
| Financial charges | 65/66B | €4,503 | €4,107 | -€397 | -8.8% |
| Recurring financial charges | 65 | €4,503 | €4,107 | -€397 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €87,025 | €76,997 | -€10,029 | -11.5% |
| Income taxes | 67/77 | €22,769 | €20,518 | -€2,251 | -9.9% |
| Profit (loss) for the period | 9904 | €64,256 | €56,478 | -€7,778 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €64,256 | €56,478 | -€7,778 | -12.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.