SOCP.RO · BVB
Socep: financial statements
Financially weak · see the checkFigures in RON, fiscal years
Revenue and net income
Operating and free cash flow
Margins
Returns
Income statement
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Revenue | 66.4M RON | 80.9M RON | 140M RON | 204M RON | 205M RON | 214M RON | +4% |
| Operating income | 7.2M RON | 6.7M RON | 47.7M RON | 112M RON | 97.2M RON | 77.2M RON | -21% |
| EBITDA | 21.8M RON | 22.4M RON | 65.4M RON | 135M RON | 124M RON | 107M RON | -14% |
| Interest expense | 4.3M RON | 1.7M RON | 1.9M RON | 1.8M RON | 1.8M RON | 2.5M RON | +40% |
| Profit before tax | 5.6M RON | 11.4M RON | 48.6M RON | 113M RON | 99.1M RON | 72.5M RON | -27% |
| Income tax | 148K RON | -30.0K RON | — | — | 11.3M RON | 845K RON | -92% |
| Net income | 5.5M RON | 11.4M RON | 46.5M RON | 96.8M RON | 87.8M RON | 71.7M RON | -18% |
Cash flow
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 23.1M RON | 35.4M RON | 82.2M RON | 107M RON | 111M RON | 59.7M RON | -46% |
| Capital expenditure | 74.3M RON | 44.3M RON | 48.7M RON | 48.2M RON | 129M RON | 126M RON | -3% |
| Free cash flow | -51.3M RON | -8.9M RON | 33.5M RON | 58.5M RON | -17.8M RON | -65.9M RON | -269% |
| Depreciation & amortization | 14.6M RON | 15.7M RON | 17.7M RON | 23.2M RON | 27.2M RON | 29.9M RON | +10% |
Balance sheet
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Cash | 20.4M RON | 23.6M RON | 27.8M RON | 89.1M RON | 82.6M RON | 56.9M RON | -31% |
| Inventory | 914K RON | 886K RON | 1.2M RON | 1.1M RON | 963K RON | 1.9M RON | +95% |
| Current assets | 42.7M RON | 42.1M RON | 56.9M RON | 157M RON | 153M RON | 108M RON | -29% |
| Total assets | 415M RON | 457M RON | 487M RON | 663M RON | 748M RON | 814M RON | +9% |
| Current liabilities | 19.7M RON | 33.0M RON | 41.2M RON | 64.2M RON | 104M RON | 129M RON | +24% |
| Financial debt | 43.0M RON | 62.4M RON | 55.0M RON | 44.5M RON | 36.7M RON | 62.0M RON | +69% |
| Total liabilities | 218M RON | 260M RON | 281M RON | 285M RON | 343M RON | 385M RON | +13% |
| Shareholders' equity | 5.3M RON | 5.8M RON | 40.0M RON | 96.8M RON | 85.1M RON | 429M RON | +404% |
| Net debt | 22.6M RON | 38.8M RON | 27.2M RON | -44.6M RON | -45.9M RON | 5.1M RON | +111% |
Dividend profile
The latest annual report shows no dividend to shareholders.
Dividends
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Dividends paid | 3.9M RON | 9.9M RON | 23.8M RON | 0 RON | 0 RON | — | |
| Dividend per share | — | — | — | 0.00 | 0.00 | — | |
| Dividends / net income | 71.3% | 86.9% | 51.2% | 0.0% | 0.0% | — | |
| Dividends / free cash flow | — | — | 71.1% | 0.0% | — | — |
Ratios
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year | |
|---|---|---|---|---|---|---|---|
| Operating margin | 10.9% | 8.3% | 34.1% | 55.0% | 47.4% | 36.1% | |
| Net margin | 8.2% | 14.1% | 33.3% | 47.5% | 42.8% | 33.5% | |
| Return on equity | 103.5% | 198.3% | 116.1% | 100.0% | 103.2% | 16.7% | |
| Return on assets | 1.3% | 2.5% | 9.6% | 14.6% | 11.7% | 8.8% | |
| Return on invested capital | 25.2% | 14.6% | 67.4% | 148.3% | 188.5% | 32.2% | |
| Debt / equity | 8.15 | 10.82 | 1.37 | 0.46 | 0.43 | 0.14 | |
| Net debt / EBITDA | 1.0x | 1.7x | 0.4x | -0.3x | -0.4x | 0.0x | |
| Interest coverage | 1.7x | 4.0x | 25.1x | 61.3x | 53.8x | 30.5x | |
| Current ratio | 2.17 | 1.27 | 1.38 | 2.44 | 1.48 | 0.84 | |
| Quick ratio | 2.12 | 1.25 | 1.35 | 2.42 | 1.47 | 0.82 |
Data source: Bucharest Stock Exchange (ESEF), company annual reports. Lines a company does not report are left empty. Free cash flow is operating cash flow minus capital expenditure. Ratios use the same formulas as the EdgeScore check.
For information and education only. Not investment advice. Data may contain errors.