Socuban: 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.
Socuban
Largest movements
- Receivables within one year +€1.5m
up €1.5m (+224.4%), from €674,241 to €2.2m
of which Other amounts receivable: +€1.4m
- Tangible fixed assets -€58,239
down €58,239 (-30.0%), from €194,304 to €136,065
of which Plant, machinery and equipment: -€32,023
- Debts after one year +€807,692
new in 2025: €807,692
- Profit (loss) carried forward +€493,313
up €493,313 (+63.4%), from €777,502 to €1.3m
- Current portion of long-term debt +€153,846
new in 2025: €153,846
- Turnover -€408,246
down €408,246 (-15.7%), from €2.6m to €2.2m
- Gross operating margin -€387,453
down €387,453 (-35.1%), from €1.1m to €716,609
- Taxes -€90,070
down €90,070 (-35.4%), from €254,503 to €164,433
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €878,040 | €2,334,135 | +€1.5m | +165.8% |
| Fixed assets | 21/28 | €200,819 | €143,281 | -€57,538 | -28.7% |
| Intangible fixed assets | 21 | €3,150 | €0 | -€3,150 | -100.0% |
| Tangible fixed assets | 22/27 | €194,304 | €136,065 | -€58,239 | -30.0% |
| Plant, machinery and equipment | 23 | €126,463 | €94,440 | -€32,023 | -25.3% |
| Furniture and vehicles | 24 | €21,155 | €0 | -€21,155 | -100.0% |
| Other tangible fixed assets | 26 | €46,686 | €41,625 | -€5,061 | -10.8% |
| Financial fixed assets | 28 | €3,365 | €7,216 | +€3,851 | +114.4% |
| Current assets | 29/58 | €677,221 | €2,190,854 | +€1.5m | +223.5% |
| Amounts receivable within one year | 40/41 | €674,241 | €2,187,417 | +€1.5m | +224.4% |
| Trade receivables | 40 | - | €136,649 | +€136,649 | |
| Other amounts receivable | 41 | €674,241 | €2,050,768 | +€1.4m | +204.2% |
| Deferred charges and accrued income | 490/1 | €2,980 | €3,437 | +€457 | +15.3% |
| Total equity and liabilities | 10/49 | €878,040 | €2,334,135 | +€1.5m | +165.8% |
| Equity | 10/15 | €779,002 | €1,272,315 | +€493,313 | +63.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €777,502 | €1,270,815 | +€493,313 | +63.4% |
| Amounts payable | 17/49 | €99,038 | €1,061,820 | +€962,782 | +972.1% |
| Amounts payable after more than one year | 17 | - | €807,692 | +€807,692 | |
| Financial debts | 170/4 | - | €807,692 | +€807,692 | |
| Amounts payable within one year | 42/48 | €98,932 | €254,128 | +€155,196 | +156.9% |
| Current portion of amounts payable after more than one year | 42 | - | €153,846 | +€153,846 | |
| Trade debts | 44 | €90,600 | €100,282 | +€9,682 | +10.7% |
| Suppliers | 440/4 | €90,600 | €100,282 | +€9,682 | +10.7% |
| Taxes, remuneration and social security | 45 | €2,497 | - | -€2,497 | |
| Taxes | 450/3 | €2,497 | - | -€2,497 | |
| Other amounts payable | 47/48 | €5,835 | - | -€5,835 | |
| Accrued charges and deferred income | 492/3 | €106 | - | -€106 | |
| Turnover | 70 | €2,602,584 | €2,194,338 | -€408,246 | -15.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,498,909 | €1,491,266 | -€7,643 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,516 | €56,576 | -€17,940 | -24.1% |
| Other operating charges | 640/8 | €1,082 | €377 | -€705 | -65.2% |
| Gross operating margin | 9900 | €1,104,062 | €716,609 | -€387,453 | -35.1% |
| Operating profit (loss) | 9901 | €1,028,464 | €659,656 | -€368,808 | -35.9% |
| Financial income | 75/76B | €4,262 | €10,122 | +€5,860 | +137.5% |
| Recurring financial income | 75 | €4,262 | €10,122 | +€5,860 | +137.5% |
| Financial charges | 65/66B | €721 | €12,032 | +€11,311 | +1568.8% |
| Recurring financial charges | 65 | €721 | €12,032 | +€11,311 | +1568.8% |
| Profit (loss) for the period before taxes | 9903 | €1,032,005 | €657,746 | -€374,259 | -36.3% |
| Income taxes | 67/77 | €254,503 | €164,433 | -€90,070 | -35.4% |
| Profit (loss) for the period | 9904 | €777,502 | €493,313 | -€284,189 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €777,502 | €493,313 | -€284,189 | -36.6% |
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 4 October 2026 via checked.be.