SOCOBAL: 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.
SOCOBAL
Largest movements
- Tangible fixed assets -€8,004
down €8,004 (-44.8%), from €17,861 to €9,858
- Cash +€2,638
up €2,638 (+229%), from €1,153 to €3,791
mainly Net result for the year (+€8,319) and Investment in fixed assets (net) (+€4,737)
- Deferred charges and accrued income -€1,006
down €1,006 (-69.2%), from €1,452 to €447
- Receivables within one year -€277
down €277 (-98.9%), from €280 to €3
- Profit (loss) carried forward +€8,319
up €8,319 (+61.1%), from -€13,626 to -€5,307
- Debts after one year -€6,839
no longer reported in 2025 (was €6,839)
- Current portion of long-term debt -€6,769
no longer reported in 2025 (was €6,769)
- Other debts -€1,000
down €1,000 (-10.2%), from €9,771 to €8,771
- Gross operating margin +€10,181
up €10,181 (+466%), from €2,182 to €12,363
- Depreciation -€4,971
down €4,971 (-60.3%), from €8,238 to €3,267
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 | €20,746 | €14,098 | -€6,648 | -32.0% |
| Fixed assets | 21/28 | €17,861 | €9,858 | -€8,004 | -44.8% |
| Tangible fixed assets | 22/27 | €17,861 | €9,858 | -€8,004 | -44.8% |
| Furniture and vehicles | 24 | €17,861 | €9,858 | -€8,004 | -44.8% |
| Current assets | 29/58 | €2,885 | €4,241 | +€1,356 | +47.0% |
| Amounts receivable within one year | 40/41 | €280 | €3 | -€277 | -98.9% |
| Trade receivables | 40 | €280 | €3 | -€277 | -98.9% |
| Cash at bank and in hand | 54/58 | €1,153 | €3,791 | +€2,638 | +229% |
| Deferred charges and accrued income | 490/1 | €1,452 | €447 | -€1,006 | -69.2% |
| Total equity and liabilities | 10/49 | €20,746 | €14,098 | -€6,648 | -32.0% |
| Equity | 10/15 | -€3,626 | €4,693 | +€8,319 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,626 | -€5,307 | +€8,319 | +61.1% |
| Amounts payable | 17/49 | €24,372 | €9,405 | -€14,967 | -61.4% |
| Amounts payable after more than one year | 17 | €6,839 | - | -€6,839 | |
| Financial debts | 170/4 | €6,839 | - | -€6,839 | |
| Amounts payable within one year | 42/48 | €17,533 | €9,405 | -€8,127 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €6,769 | - | -€6,769 | |
| Trade debts | 44 | €790 | €629 | -€162 | -20.5% |
| Suppliers | 440/4 | €790 | €629 | -€162 | -20.5% |
| Taxes, remuneration and social security | 45 | €203 | €6 | -€197 | -97.0% |
| Taxes | 450/3 | €203 | €6 | -€197 | -97.0% |
| Other amounts payable | 47/48 | €9,771 | €8,771 | -€1,000 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,238 | €3,267 | -€4,971 | -60.3% |
| Other operating charges | 640/8 | €497 | €511 | +€14 | +2.9% |
| Gross operating margin | 9900 | €2,182 | €12,363 | +€10,181 | +466% |
| Operating profit (loss) | 9901 | -€6,553 | €8,585 | +€15,137 | |
| Financial charges | 65/66B | €305 | €266 | -€39 | -12.8% |
| Recurring financial charges | 65 | €305 | €266 | -€39 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,858 | €8,319 | +€15,176 | |
| Profit (loss) for the period | 9904 | -€6,858 | €8,319 | +€15,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,858 | €8,319 | +€15,176 |
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 20 October 2026 via checked.be.