SOKAYA: 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.
SOKAYA
Largest movements
- Receivables within one year -€24,347
down €24,347 (-76.0%), from €32,042 to €7,695
of which Trade receivables: -€14,126
- Stocks and contracts -€15,322
down €15,322 (-17.9%), from €85,579 to €70,257
- Cash -€11,463
down €11,463 (-56.5%), from €20,279 to €8,816
mainly Debts after one year (-€30,120) and Trade debts (-€24,679)
- Intangible fixed assets -€9,839
down €9,839 (-20.0%), from €49,099 to €39,260
- Tangible fixed assets -€5,417
down €5,417 (-11.7%), from €46,152 to €40,735
- Debts after one year -€30,120
down €30,120 (-22.9%), from €131,556 to €101,436
- Trade debts -€24,679
down €24,679 (-56.9%), from €43,337 to €18,657
- Current portion of long-term debt -€7,500
no longer reported in 2024 (was €7,500)
- Tax, wage and social debts -€4,432
down €4,432 (-18.6%), from €23,796 to €19,364
of which Remuneration and social security: -€5,111
- Profit (loss) carried forward -€2,402
down €2,402 (-18.7%), from -€12,832 to -€15,234
- Staff costs -€60,285
down €60,285 (-43.4%), from €138,938 to €78,653
- Gross operating margin -€49,552
down €49,552 (-33.5%), from €147,809 to €98,257
- Other operating charges +€3,327
up €3,327 (+1,836%), from €181 to €3,508
- Depreciation -€2,515
down €2,515 (-12.7%), from €19,736 to €17,221
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €234,989 | €167,782 | -€67,207 | -28.6% |
| Formation expenses | 20 | €1,576 | €758 | -€818 | -51.9% |
| Fixed assets | 21/28 | €95,512 | €80,256 | -€15,256 | -16.0% |
| Intangible fixed assets | 21 | €49,099 | €39,260 | -€9,839 | -20.0% |
| Tangible fixed assets | 22/27 | €46,152 | €40,735 | -€5,417 | -11.7% |
| Furniture and vehicles | 24 | €46,152 | €40,735 | -€5,417 | -11.7% |
| Financial fixed assets | 28 | €261 | €261 | = | 0.0% |
| Current assets | 29/58 | €137,901 | €86,768 | -€51,133 | -37.1% |
| Stocks and contracts in progress | 3 | €85,579 | €70,257 | -€15,322 | -17.9% |
| Stocks | 30/36 | €85,579 | €70,257 | -€15,322 | -17.9% |
| Amounts receivable within one year | 40/41 | €32,042 | €7,695 | -€24,347 | -76.0% |
| Trade receivables | 40 | €21,735 | €7,609 | -€14,126 | -65.0% |
| Other amounts receivable | 41 | €10,308 | €86 | -€10,222 | -99.2% |
| Cash at bank and in hand | 54/58 | €20,279 | €8,816 | -€11,463 | -56.5% |
| Total equity and liabilities | 10/49 | €234,989 | €167,782 | -€67,207 | -28.6% |
| Equity | 10/15 | €27,168 | €24,766 | -€2,402 | -8.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,832 | -€15,234 | -€2,402 | -18.7% |
| Amounts payable | 17/49 | €207,822 | €143,017 | -€64,805 | -31.2% |
| Amounts payable after more than one year | 17 | €131,556 | €101,436 | -€30,120 | -22.9% |
| Other amounts payable | 178/9 | €131,556 | €101,436 | -€30,120 | -22.9% |
| Amounts payable within one year | 42/48 | €76,266 | €41,581 | -€34,685 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | - | -€7,500 | |
| Trade debts | 44 | €43,337 | €18,657 | -€24,679 | -56.9% |
| Suppliers | 440/4 | €43,337 | €18,657 | -€24,679 | -56.9% |
| Advances received on contracts in progress | 46 | - | €1,706 | +€1,706 | |
| Taxes, remuneration and social security | 45 | €23,796 | €19,364 | -€4,432 | -18.6% |
| Taxes | 450/3 | €6,734 | €7,413 | +€679 | +10.1% |
| Remuneration and social security | 454/9 | €17,062 | €11,951 | -€5,111 | -30.0% |
| Other amounts payable | 47/48 | €1,634 | €1,853 | +€220 | +13.4% |
| Remuneration, social security and pensions | 62 | €138,938 | €78,653 | -€60,285 | -43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,736 | €17,221 | -€2,515 | -12.7% |
| Other operating charges | 640/8 | €181 | €3,508 | +€3,327 | +1,836% |
| Gross operating margin | 9900 | €147,809 | €98,257 | -€49,552 | -33.5% |
| Operating profit (loss) | 9901 | -€11,046 | -€1,125 | +€9,921 | +89.8% |
| Financial income | 75/76B | €23 | €1 | -€22 | -96.8% |
| Recurring financial income | 75 | €23 | €1 | -€22 | -96.8% |
| Financial charges | 65/66B | €1,809 | €1,278 | -€531 | -29.4% |
| Recurring financial charges | 65 | €1,809 | €1,278 | -€531 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,832 | -€2,402 | +€10,430 | +81.3% |
| Profit (loss) for the period | 9904 | -€12,832 | -€2,402 | +€10,430 | +81.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,832 | -€2,402 | +€10,430 | +81.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.