Skip to content

SOPROCOM: 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.

What changed

SOPROCOM

BE 0439.474.039
NACE 46.643, Wholesale of electrical equipment, including installation materials
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€10,774
2023 · €23,035-€33,808
Equity
€387,622
2023 · €398,396-€10,774
Cash
€84,142
2023 · €89,403-€5,261
Balance sheet total
€525,848
2023 · €596,154-€70,306

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€37,031

    down €37,031 (-9.7%), from €382,479 to €345,448

  • Receivables within one year -€28,014

    down €28,014 (-22.6%), from €124,206 to €96,192

    of which Other amounts receivable: -€23,414

Equity and liabilities
  • Debts after one year -€112,178

    no longer reported in 2024 (was €112,178)

  • Short-term financial debts +€62,674

    new in 2024: €62,674

  • Current portion of long-term debt -€13,125

    down €13,125 (-31.2%), from €42,004 to €28,879

  • Profit (loss) carried forward -€10,774

    down €10,774 (-8.6%), from €125,253 to €114,480

Income statement
  • Gross operating margin -€28,727

    down €28,727 (-33.6%), from €85,387 to €56,660

  • Taxes +€3,202

    up €3,202 (+62.7%), from €5,106 to €8,308

  • Other operating charges +€1,813

    up €1,813 (+13.3%), from €13,612 to €15,424

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €23,035
Gross operating margin -€28,727
Depreciation +€0
Other operating charges -€1,813
Financial income +€367
Financial charges -€434
Taxes -€3,202
Result 2024 -€10,774

Cash bridge derived

cash 2023 to 2024

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.

From operations +€57,368
Investment €0
Financing -€62,629
Cash 2023 €89,403
Net result for the year -€10,774
Depreciation +€37,031
Receivables within one year +€28,014
Trade debts -€1,582
Other debts +€4,678
Debts after one year -€112,178
Current portion of long-term debt -€13,125
Short-term financial debts +€62,674
Cash 2024 €84,142
Every line side by side 44 lines
Line Code 2023 2024 Change %
Total assets 20/58 €596,154 €525,848 -€70,306 -11.8%
Fixed assets 21/28 €382,479 €345,448 -€37,031 -9.7%
Tangible fixed assets 22/27 €382,479 €345,448 -€37,031 -9.7%
Land and buildings 22 €382,479 €345,448 -€37,031 -9.7%
Current assets 29/58 €213,675 €180,401 -€33,275 -15.6%
Amounts receivable within one year 40/41 €124,206 €96,192 -€28,014 -22.6%
Trade receivables 40 €13,261 €8,661 -€4,601 -34.7%
Other amounts receivable 41 €110,945 €87,531 -€23,414 -21.1%
Current investments 50/53 €67 €67 = 0.0%
Cash at bank and in hand 54/58 €89,403 €84,142 -€5,261 -5.9%
Total equity and liabilities 10/49 €596,154 €525,848 -€70,306 -11.8%
Equity 10/15 €398,396 €387,622 -€10,774 -2.7%
Contributions 10/11 €167,732 €167,732 = 0.0%
Capital 10 €167,732 €167,732 = 0.0%
Issued capital 100 €167,732 €167,732 = 0.0%
Reserves 13 €105,411 €105,411 = 0.0%
Non-distributable reserves 130/1 €15,000 €15,000 = 0.0%
Legal reserve 130 €15,000 €15,000 = 0.0%
Distributable reserves 133 €90,411 €90,411 = 0.0%
Profit (loss) carried forward 14 €125,253 €114,480 -€10,774 -8.6%
Amounts payable 17/49 €197,759 €138,226 -€59,533 -30.1%
Amounts payable after more than one year 17 €112,178 - -€112,178
Financial debts 170/4 €112,178 - -€112,178
Amounts payable within one year 42/48 €85,581 €138,226 +€52,645 +61.5%
Current portion of amounts payable after more than one year 42 €42,004 €28,879 -€13,125 -31.2%
Financial debts 43 - €62,674 +€62,674
Credit institutions 430/8 - €62,674 +€62,674
Trade debts 44 €5,700 €4,118 -€1,582 -27.7%
Suppliers 440/4 €5,700 €4,118 -€1,582 -27.7%
Taxes, remuneration and social security 45 €6,000 €6,000 = 0.0%
Taxes 450/3 €6,000 €6,000 = 0.0%
Other amounts payable 47/48 €31,877 €36,555 +€4,678 +14.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €37,031 €37,031 -€0 0.0%
Other operating charges 640/8 €13,612 €15,424 +€1,813 +13.3%
Gross operating margin 9900 €85,387 €56,660 -€28,727 -33.6%
Operating profit (loss) 9901 €34,743 €4,204 -€30,539 -87.9%
Financial income 75/76B €555 €922 +€367 +66.2%
Recurring financial income 75 €555 €922 +€367 +66.2%
Financial charges 65/66B €7,157 €7,592 +€434 +6.1%
Recurring financial charges 65 €7,157 €7,592 +€434 +6.1%
Profit (loss) for the period before taxes 9903 €28,141 -€2,465 -€30,606
Income taxes 67/77 €5,106 €8,308 +€3,202 +62.7%
Profit (loss) for the period 9904 €23,035 -€10,774 -€33,808
Profit (loss) for the period to be appropriated 9905 €23,035 -€10,774 -€33,808

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.