S.O.M.A.: 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.
S.O.M.A.
Largest movements
- Receivables within one year +€165,760
up €165,760 (+103%), from €160,332 to €326,091
of which Trade receivables: +€165,760
- Tangible fixed assets -€46,670
down €46,670 (-1.4%), from €3.2m to €3.2m
of which Furniture and vehicles: -€30,344
- Other debts +€104,811
up €104,811 (+2.3%), from €4.6m to €4.7m
- Depreciation -€194,027
down €194,027 (-77.7%), from €249,776 to €55,749
- Gross operating margin +€39,964
up €39,964 (+39.5%), from €101,160 to €141,124
- Financial charges +€18,479
up €18,479 (+268%), from €6,893 to €25,372
of which Financial charges: +€23,479
- Financial income -€16,533
down €16,533 (-62.7%), from €26,378 to €9,844
- Other operating charges -€6,672
down €6,672 (-65.1%), from €10,243 to €3,572
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 | €3,641,302 | €3,753,075 | +€111,773 | +3.1% |
| Fixed assets | 21/28 | €3,464,851 | €3,396,514 | -€68,336 | -2.0% |
| Tangible fixed assets | 22/27 | €3,227,341 | €3,180,671 | -€46,670 | -1.4% |
| Land and buildings | 22 | €3,117,231 | €3,091,136 | -€26,095 | -0.8% |
| Plant, machinery and equipment | 23 | €718 | €10,487 | +€9,769 | +1,361% |
| Furniture and vehicles | 24 | €109,393 | €79,049 | -€30,344 | -27.7% |
| Financial fixed assets | 28 | €237,509 | €215,843 | -€21,667 | -9.1% |
| Current assets | 29/58 | €176,451 | €356,561 | +€180,109 | +102% |
| Amounts receivable within one year | 40/41 | €160,332 | €326,091 | +€165,760 | +103% |
| Trade receivables | 40 | €132,263 | €298,022 | +€165,760 | +125% |
| Other amounts receivable | 41 | €28,069 | €28,069 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,844 | €27,629 | +€13,784 | +99.6% |
| Deferred charges and accrued income | 490/1 | €2,275 | €2,841 | +€565 | +24.9% |
| Total equity and liabilities | 10/49 | €3,641,302 | €3,753,075 | +€111,773 | +3.1% |
| Equity | 10/15 | -€948,220 | -€937,635 | +€10,585 | +1.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€973,220 | -€962,635 | +€10,585 | +1.1% |
| Amounts payable | 17/49 | €4,589,522 | €4,690,710 | +€101,187 | +2.2% |
| Amounts payable after more than one year | 17 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,588,522 | €4,689,710 | +€101,187 | +2.2% |
| Financial debts | 43 | €27 | €457 | +€430 | +1,570% |
| Credit institutions | 430/8 | €27 | €457 | +€430 | +1,570% |
| Trade debts | 44 | €6,506 | €1,175 | -€5,331 | -81.9% |
| Suppliers | 440/4 | €6,506 | €1,175 | -€5,331 | -81.9% |
| Taxes, remuneration and social security | 45 | €15,076 | €16,353 | +€1,277 | +8.5% |
| Taxes | 450/3 | €7,692 | €8,478 | +€786 | +10.2% |
| Remuneration and social security | 454/9 | €7,384 | €7,874 | +€491 | +6.6% |
| Other amounts payable | 47/48 | €4,566,913 | €4,671,724 | +€104,811 | +2.3% |
| Remuneration, social security and pensions | 62 | €51,411 | €55,202 | +€3,791 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €249,776 | €55,749 | -€194,027 | -77.7% |
| Other operating charges | 640/8 | €10,243 | €3,572 | -€6,672 | -65.1% |
| Gross operating margin | 9900 | €101,160 | €141,124 | +€39,964 | +39.5% |
| Operating profit (loss) | 9901 | -€210,271 | €26,601 | +€236,872 | |
| Financial income | 75/76B | €26,378 | €9,844 | -€16,533 | -62.7% |
| Recurring financial income | 75 | €26,378 | €9,844 | -€16,533 | -62.7% |
| Financial charges | 65/66B | €6,893 | €25,372 | +€18,479 | +268% |
| Recurring financial charges | 65 | €1,893 | €25,372 | +€23,479 | +1,240% |
| Non-recurring financial charges | 66B | €5,000 | - | -€5,000 | |
| Profit (loss) for the period before taxes | 9903 | -€190,786 | €11,074 | +€201,859 | |
| Income taxes | 67/77 | €531 | €488 | -€43 | -8.1% |
| Profit (loss) for the period | 9904 | -€191,317 | €10,585 | +€201,902 | |
| Profit (loss) for the period to be appropriated | 9905 | -€191,317 | €10,585 | +€201,902 |
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 22 October 2026 via checked.be.