DE SOM: 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.
DE SOM
Largest movements
- Cash +€237,935
up €237,935 (+490.5%), from €48,508 to €286,443
mainly Net result for the year (+€168,548) and Current investments (+€150,000)
- Current investments -€150,000
down €150,000 (-100.0%), from €150,000 to €0
- Financial fixed assets +€50,278
new in 2025: €50,278
- Receivables after one year +€25,785
up €25,785 (+14.7%), from €175,000 to €200,785
- Reserves +€132,548
up €132,548 (+31.3%), from €423,984 to €556,532
of which Distributable reserves: +€132,548
- Other debts +€12,496
up €12,496 (+26.8%), from €46,626 to €59,121
- Tax, wage and social debts +€11,359
up €11,359 (+47.5%), from €23,898 to €35,257
- Gross operating margin -€66,228
down €66,228 (-19.4%), from €340,730 to €274,501
- Taxes -€7,559
down €7,559 (-8.9%), from €85,150 to €77,591
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.
Cash bridge derived
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 | €708,851 | €869,296 | +€160,445 | +22.6% |
| Fixed assets | 21/28 | €278,435 | €324,149 | +€45,714 | +16.4% |
| Tangible fixed assets | 22/27 | €278,435 | €273,872 | -€4,563 | -1.6% |
| Land and buildings | 22 | €236,222 | €236,511 | +€289 | +0.1% |
| Furniture and vehicles | 24 | €5,330 | €3,944 | -€1,385 | -26.0% |
| Other tangible fixed assets | 26 | €36,883 | €33,416 | -€3,467 | -9.4% |
| Financial fixed assets | 28 | - | €50,278 | +€50,278 | |
| Current assets | 29/58 | €430,416 | €545,147 | +€114,731 | +26.7% |
| Amounts receivable after more than one year | 29 | €175,000 | €200,785 | +€25,785 | +14.7% |
| Other amounts receivable | 291 | €175,000 | €200,785 | +€25,785 | +14.7% |
| Amounts receivable within one year | 40/41 | €32,114 | €37,753 | +€5,638 | +17.6% |
| Trade receivables | 40 | €25,896 | €32,261 | +€6,365 | +24.6% |
| Other amounts receivable | 41 | €6,218 | €5,492 | -€727 | -11.7% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €48,508 | €286,443 | +€237,935 | +490.5% |
| Deferred charges and accrued income | 490/1 | €24,794 | €20,166 | -€4,628 | -18.7% |
| Total equity and liabilities | 10/49 | €708,851 | €869,296 | +€160,445 | +22.6% |
| Equity | 10/15 | €453,984 | €586,532 | +€132,548 | +29.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €423,984 | €556,532 | +€132,548 | +31.3% |
| Tax-exempt reserves | 132 | €105,250 | €105,250 | = | 0.0% |
| Distributable reserves | 133 | €318,734 | €451,282 | +€132,548 | +41.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €254,867 | €282,764 | +€27,897 | +10.9% |
| Amounts payable after more than one year | 17 | €158,968 | €166,312 | +€7,345 | +4.6% |
| Financial debts | 170/4 | €158,968 | €166,312 | +€7,345 | +4.6% |
| Amounts payable within one year | 42/48 | €93,249 | €114,635 | +€21,387 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €21,930 | €19,810 | -€2,120 | -9.7% |
| Trade debts | 44 | €795 | €447 | -€348 | -43.8% |
| Suppliers | 440/4 | €795 | €447 | -€348 | -43.8% |
| Taxes, remuneration and social security | 45 | €23,898 | €35,257 | +€11,359 | +47.5% |
| Taxes | 450/3 | €23,898 | €35,257 | +€11,359 | +47.5% |
| Other amounts payable | 47/48 | €46,626 | €59,121 | +€12,496 | +26.8% |
| Accrued charges and deferred income | 492/3 | €2,651 | €1,816 | -€834 | -31.5% |
| Non-recurring operating income | 76A | €27,000 | €0 | -€27,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,243 | €22,332 | +€2,090 | +10.3% |
| Other operating charges | 640/8 | €2,238 | €2,237 | -€1 | -0.1% |
| Gross operating margin | 9900 | €340,730 | €274,501 | -€66,228 | -19.4% |
| Operating profit (loss) | 9901 | €318,249 | €249,932 | -€68,317 | -21.5% |
| Financial income | 75/76B | €5,625 | €7,552 | +€1,927 | +34.3% |
| Recurring financial income | 75 | €5,625 | €7,552 | +€1,927 | +34.3% |
| Financial charges | 65/66B | €13,515 | €11,346 | -€2,169 | -16.0% |
| Recurring financial charges | 65 | €13,515 | €11,346 | -€2,169 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €310,359 | €246,139 | -€64,221 | -20.7% |
| Income taxes | 67/77 | €85,150 | €77,591 | -€7,559 | -8.9% |
| Profit (loss) for the period | 9904 | €225,210 | €168,548 | -€56,662 | -25.2% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €0 | -€105,250 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €119,960 | €168,548 | +€48,588 | +40.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.