SOICA: 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.
SOICA
Largest movements
- Tangible fixed assets -€70,400
down €70,400 (-11.3%), from €620,720 to €550,320
- Profit (loss) carried forward +€177,104
up €177,104 (+26.2%), from -€675,484 to -€498,380
- Other debts -€138,504
down €138,504 (-13.2%), from €1.1m to €911,948
- Debts after one year -€96,655
down €96,655 (-60.2%), from €160,467 to €63,812
- Current portion of long-term debt -€13,057
down €13,057 (-71.4%), from €18,281 to €5,224
- Gross operating margin -€264,750
down €264,750 (-52.4%), from €505,718 to €240,968
- Financial charges -€86,534
down €86,534 (-78.6%), from €110,059 to €23,525
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €621,009 | €550,729 | -€70,281 | -11.3% |
| Fixed assets | 21/28 | €620,720 | €550,320 | -€70,400 | -11.3% |
| Tangible fixed assets | 22/27 | €620,720 | €550,320 | -€70,400 | -11.3% |
| Land and buildings | 22 | €620,720 | €550,320 | -€70,400 | -11.3% |
| Current assets | 29/58 | €289 | €408 | +€119 | +41.1% |
| Cash at bank and in hand | 54/58 | €289 | €408 | +€119 | +41.1% |
| Total equity and liabilities | 10/49 | €621,009 | €550,729 | -€70,281 | -11.3% |
| Equity | 10/15 | -€613,510 | -€436,406 | +€177,104 | +28.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€675,484 | -€498,380 | +€177,104 | +26.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €1,234,519 | €987,135 | -€247,384 | -20.0% |
| Amounts payable after more than one year | 17 | €160,467 | €63,812 | -€96,655 | -60.2% |
| Financial debts | 170/4 | €160,467 | €63,812 | -€96,655 | -60.2% |
| Amounts payable within one year | 42/48 | €1,074,052 | €923,323 | -€150,729 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €18,281 | €5,224 | -€13,057 | -71.4% |
| Trade debts | 44 | €5,319 | €6,150 | +€832 | +15.6% |
| Suppliers | 440/4 | €5,319 | €6,150 | +€832 | +15.6% |
| Other amounts payable | 47/48 | €1,050,452 | €911,948 | -€138,504 | -13.2% |
| Non-recurring operating income | 76A | €516,117 | €244,364 | -€271,753 | -52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,641 | €33,764 | -€878 | -2.5% |
| Other operating charges | 640/8 | €8,957 | €6,575 | -€2,382 | -26.6% |
| Gross operating margin | 9900 | €505,718 | €240,968 | -€264,750 | -52.4% |
| Operating profit (loss) | 9901 | €462,119 | €200,629 | -€261,490 | -56.6% |
| Financial charges | 65/66B | €110,059 | €23,525 | -€86,534 | -78.6% |
| Recurring financial charges | 65 | €110,059 | €23,525 | -€86,534 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | €352,060 | €177,104 | -€174,956 | -49.7% |
| Transfer from deferred taxes | 780 | €39,963 | €0 | -€39,963 | -100.0% |
| Profit (loss) for the period | 9904 | €392,023 | €177,104 | -€214,919 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €392,023 | €177,104 | -€214,919 | -54.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.