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SOCREVO: 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.

What changed

SOCREVO

BE 0827.783.944
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5,123
2024 · €1,450+€3,673
Equity
€194,027
2024 · €188,904+€5,123
Cash
€3,886
2024 · €31,292-€27,406
Balance sheet total
€398,276
2024 · €301,059+€97,217

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€127,207

    up €127,207 (+99.9%), from €127,397 to €254,604

    of which Other amounts receivable: +€85,485

  • Cash -€27,406

    down €27,406 (-87.6%), from €31,292 to €3,886

    mainly Receivables within one year (-€127,207)

Equity and liabilities
  • Other debts +€85,331

    up €85,331 (+85.5%), from €99,774 to €185,106

  • Profit (loss) carried forward +€5,123

    up €5,123 (+2.9%), from €174,644 to €179,767

  • Trade debts +€4,988

    up €4,988 (+142%), from €3,503 to €8,491

Income statement
  • Gross operating margin +€9,063

    up €9,063 (+20.2%), from €44,790 to €53,853

  • Financial charges +€2,762

    up €2,762 (+52.6%), from €5,246 to €8,008

  • Taxes +€1,861

    up €1,861 (+46.2%), from €4,025 to €5,887

  • Staff costs +€864

    up €864 (+2.8%), from €30,494 to €31,357

  • Other operating charges +€813

    up €813 (+98.4%), from €826 to €1,639

From the 2024 result to the 2025 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 2024 €1,450
Gross operating margin +€9,063
Staff costs -€864
Depreciation +€346
Other operating charges -€813
Financial income +€564
Financial charges -€2,762
Taxes -€1,861
Result 2025 €5,123
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€27,406
Investment €0
Financing €0
Cash 2024 €31,292
Net result for the year +€5,123
Depreciation +€2,584
Receivables within one year -€127,207
Trade debts +€4,988
Tax, wage and social debts +€1,775
Other debts +€85,331
Cash 2025 €3,886
brings cash intakes cash out
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €301,059 €398,276 +€97,217 +32.3%
Fixed assets 21/28 €142,370 €139,786 -€2,584 -1.8%
Tangible fixed assets 22/27 €5,750 €3,166 -€2,584 -44.9%
Furniture and vehicles 24 €1,836 €0 -€1,836 -100%
Other tangible fixed assets 26 €3,914 €3,166 -€748 -19.1%
Financial fixed assets 28 €136,620 €136,620 = 0.0%
Current assets 29/58 €158,689 €258,490 +€99,801 +62.9%
Amounts receivable within one year 40/41 €127,397 €254,604 +€127,207 +99.9%
Trade receivables 40 €112,138 €153,861 +€41,722 +37.2%
Other amounts receivable 41 €15,259 €100,744 +€85,485 +560%
Cash at bank and in hand 54/58 €31,292 €3,886 -€27,406 -87.6%
Total equity and liabilities 10/49 €301,059 €398,276 +€97,217 +32.3%
Equity 10/15 €188,904 €194,027 +€5,123 +2.7%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €174,644 €179,767 +€5,123 +2.9%
Amounts payable 17/49 €112,155 €204,249 +€92,094 +82.1%
Amounts payable within one year 42/48 €112,155 €204,249 +€92,094 +82.1%
Trade debts 44 €3,503 €8,491 +€4,988 +142%
Suppliers 440/4 €3,503 €8,491 +€4,988 +142%
Taxes, remuneration and social security 45 €8,877 €10,652 +€1,775 +20.0%
Taxes 450/3 €6,014 €7,758 +€1,744 +29.0%
Remuneration and social security 454/9 €2,863 €2,893 +€31 +1.1%
Other amounts payable 47/48 €99,774 €185,106 +€85,331 +85.5%
Remuneration, social security and pensions 62 €30,494 €31,357 +€864 +2.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,930 €2,584 -€346 -11.8%
Other operating charges 640/8 €826 €1,639 +€813 +98.4%
Gross operating margin 9900 €44,790 €53,853 +€9,063 +20.2%
Operating profit (loss) 9901 €10,541 €18,273 +€7,732 +73.4%
Financial income 75/76B €180 €744 +€564 +313%
Recurring financial income 75 €180 €744 +€564 +313%
Financial charges 65/66B €5,246 €8,008 +€2,762 +52.6%
Recurring financial charges 65 €5,246 €8,008 +€2,762 +52.6%
Profit (loss) for the period before taxes 9903 €5,475 €11,010 +€5,535 +101%
Income taxes 67/77 €4,025 €5,887 +€1,861 +46.2%
Profit (loss) for the period 9904 €1,450 €5,123 +€3,673 +253%
Profit (loss) for the period to be appropriated 9905 €1,450 €5,123 +€3,673 +253%

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 1 November 2026 via checked.be.