SOKARE: 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.
SOKARE
Largest movements
- Tangible fixed assets +€200,770
up €200,770 (+107%), from €186,856 to €387,626
- Debts after one year +€116,059
up €116,059 (+106%), from €109,240 to €225,299
- Other debts +€99,043
up €99,043 (+111%), from €89,172 to €188,216
- Profit (loss) carried forward -€17,751
down €17,751 (-79.5%), from -€22,320 to -€40,071
- Current portion of long-term debt +€8,596
new in 2025: €8,596
- Short-term financial debts -€4,518
no longer reported in 2025 (was €4,518)
- Financial charges +€7,603
up €7,603 (+161%), from €4,708 to €12,311
- Depreciation +€6,430
new in 2025: €6,430
- Gross operating margin +€3,542
up €3,542, from -€1,845 to €1,697
- Financial income -€462
down €462 (-100%), from €462 to €0
- Other operating charges +€320
up €320 (+82.5%), from €387 to €707
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 | €187,583 | €388,624 | +€201,041 | +107% |
| Fixed assets | 21/28 | €186,856 | €387,626 | +€200,770 | +107% |
| Tangible fixed assets | 22/27 | €186,856 | €387,626 | +€200,770 | +107% |
| Land and buildings | 22 | €186,856 | €387,626 | +€200,770 | +107% |
| Current assets | 29/58 | €727 | €998 | +€271 | +37.3% |
| Cash at bank and in hand | 54/58 | €727 | €998 | +€271 | +37.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €187,583 | €388,624 | +€201,041 | +107% |
| Equity | 10/15 | -€16,120 | -€33,871 | -€17,751 | -110% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,320 | -€40,071 | -€17,751 | -79.5% |
| Amounts payable | 17/49 | €203,703 | €422,495 | +€218,792 | +107% |
| Amounts payable after more than one year | 17 | €109,240 | €225,299 | +€116,059 | +106% |
| Financial debts | 170/4 | €109,240 | €225,299 | +€116,059 | +106% |
| Amounts payable within one year | 42/48 | €93,690 | €196,811 | +€103,121 | +110% |
| Current portion of amounts payable after more than one year | 42 | - | €8,596 | +€8,596 | |
| Financial debts | 43 | €4,518 | - | -€4,518 | |
| Credit institutions | 430/8 | €4,518 | - | -€4,518 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €89,172 | €188,216 | +€99,043 | +111% |
| Accrued charges and deferred income | 492/3 | €772 | €384 | -€387 | -50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,430 | +€6,430 | |
| Other operating charges | 640/8 | €387 | €707 | +€320 | +82.5% |
| Gross operating margin | 9900 | -€1,845 | €1,697 | +€3,542 | |
| Operating profit (loss) | 9901 | -€2,232 | -€5,440 | -€3,208 | -144% |
| Financial income | 75/76B | €462 | €0 | -€462 | -100% |
| Recurring financial income | 75 | €462 | €0 | -€462 | -100% |
| Financial charges | 65/66B | €4,708 | €12,311 | +€7,603 | +161% |
| Recurring financial charges | 65 | €4,708 | €12,311 | +€7,603 | +161% |
| Profit (loss) for the period before taxes | 9903 | -€6,478 | -€17,751 | -€11,273 | -174% |
| Profit (loss) for the period | 9904 | -€6,478 | -€17,751 | -€11,273 | -174% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,478 | -€17,751 | -€11,273 | -174% |
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 26 October 2026 via checked.be.