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SOCHASA: 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

SOCHASA

BE 0883.175.892
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€4,178
2023 · €2,405+€1,773
Equity
€33,221
2023 · €29,044+€4,178
Cash
€1,764
2023 · €10,893-€9,129
Balance sheet total
€43,344
2023 · €58,214-€14,870

Largest movements

2023 to 2024
Assets
  • Cash -€9,129

    down €9,129 (-83.8%), from €10,893 to €1,764

    mainly Trade debts (-€17,339) and Tax, wage and social debts (-€5,581)

  • Receivables within one year -€6,691

    down €6,691 (-14.6%), from €45,871 to €39,179

    of which Trade receivables: -€7,541

  • Stocks and contracts +€950

    up €950 (+73.1%), from €1,300 to €2,250

Equity and liabilities
  • Trade debts -€17,339

    down €17,339 (-97.5%), from €17,781 to €443

  • Tax, wage and social debts -€5,581

    down €5,581 (-49.0%), from €11,389 to €5,808

  • Profit (loss) carried forward +€4,178

    up €4,178 (+18.5%), from €22,576 to €26,754

  • Short-term financial debts +€3,872

    new in 2024: €3,872

Income statement
  • Gross operating margin +€1,695

    up €1,695 (+53.9%), from €3,147 to €4,842

  • Financial charges -€78

    down €78 (-10.5%), from €742 to €664

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 €2,405
Gross operating margin +€1,695
Financial charges +€78
Result 2024 €4,178

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 -€13,000
Investment €0
Financing +€3,872
Cash 2023 €10,893
Net result for the year +€4,178
Stocks and contracts -€950
Receivables within one year +€6,691
Trade debts -€17,339
Tax, wage and social debts -€5,581
Short-term financial debts +€3,872
Cash 2024 €1,764
Every line side by side 34 lines
Line Code 2023 2024 Change %
Total assets 20/58 €58,214 €43,344 -€14,870 -25.5%
Fixed assets 21/28 €150 €150 = 0.0%
Financial fixed assets 28 €150 €150 = 0.0%
Current assets 29/58 €58,064 €43,194 -€14,870 -25.6%
Stocks and contracts in progress 3 €1,300 €2,250 +€950 +73.1%
Stocks 30/36 €1,300 €2,250 +€950 +73.1%
Amounts receivable within one year 40/41 €45,871 €39,179 -€6,691 -14.6%
Trade receivables 40 €7,541 - -€7,541
Other amounts receivable 41 €38,330 €39,179 +€849 +2.2%
Cash at bank and in hand 54/58 €10,893 €1,764 -€9,129 -83.8%
Total equity and liabilities 10/49 €58,214 €43,344 -€14,870 -25.5%
Equity 10/15 €29,044 €33,221 +€4,178 +14.4%
Contributions 10/11 €6,200 €6,200 = 0.0%
Outside capital 11 €6,200 €6,200 = 0.0%
Other 1109/19 €6,200 €6,200 = 0.0%
Reserves 13 €267 €267 = 0.0%
Non-distributable reserves 130/1 €267 €267 = 0.0%
Reserves not available under the articles 1311 €267 €267 = 0.0%
Profit (loss) carried forward 14 €22,576 €26,754 +€4,178 +18.5%
Amounts payable 17/49 €29,170 €10,122 -€19,048 -65.3%
Amounts payable within one year 42/48 €29,170 €10,122 -€19,048 -65.3%
Financial debts 43 - €3,872 +€3,872
Credit institutions 430/8 - €3,872 +€3,872
Trade debts 44 €17,781 €443 -€17,339 -97.5%
Suppliers 440/4 €17,781 €443 -€17,339 -97.5%
Taxes, remuneration and social security 45 €11,389 €5,808 -€5,581 -49.0%
Taxes 450/3 €11,389 €5,808 -€5,581 -49.0%
Gross operating margin 9900 €3,147 €4,842 +€1,695 +53.9%
Operating profit (loss) 9901 €3,147 €4,842 +€1,695 +53.9%
Financial charges 65/66B €742 €664 -€78 -10.5%
Recurring financial charges 65 €742 €664 -€78 -10.5%
Profit (loss) for the period before taxes 9903 €2,405 €4,178 +€1,773 +73.7%
Profit (loss) for the period 9904 €2,405 €4,178 +€1,773 +73.7%
Profit (loss) for the period to be appropriated 9905 €2,405 €4,178 +€1,773 +73.7%

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 28 September 2026 via checked.be.