SOM BROTHERS: 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.
SOM BROTHERS
Largest movements
- Stocks and contracts -€15,650
down €15,650 (-39.2%), from €39,949 to €24,299
- Tangible fixed assets +€8,696
new in 2024: €8,696
- Cash +€6,514
new in 2024: €6,514
mainly Stocks and contracts (+€15,650) and Net result for the year (+€6,278)
- Receivables within one year -€3,095
down €3,095 (-20.8%), from €14,849 to €11,754
of which Trade receivables: -€2,025
- Other debts -€6,980
down €6,980 (-10.8%), from €64,665 to €57,686
- Profit (loss) carried forward +€6,278
up €6,278 (+33.3%), from -€18,878 to -€12,601
- Tax, wage and social debts -€2,834
down €2,834 (-70.6%), from €4,012 to €1,178
of which Remuneration and social security: -€4,012
- Gross operating margin +€33,209
up €33,209, from -€23,734 to €9,475
- Depreciation +€2,104
new in 2024: €2,104
- Other operating charges +€585
up €585 (+189%), from €309 to €894
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,799 | €51,263 | -€3,536 | -6.5% |
| Fixed assets | 21/28 | - | €8,696 | +€8,696 | |
| Tangible fixed assets | 22/27 | - | €8,696 | +€8,696 | |
| Furniture and vehicles | 24 | - | €8,696 | +€8,696 | |
| Current assets | 29/58 | €54,799 | €42,567 | -€12,231 | -22.3% |
| Stocks and contracts in progress | 3 | €39,949 | €24,299 | -€15,650 | -39.2% |
| Stocks | 30/36 | €39,949 | €24,299 | -€15,650 | -39.2% |
| Amounts receivable within one year | 40/41 | €14,849 | €11,754 | -€3,095 | -20.8% |
| Trade receivables | 40 | €10,670 | €8,645 | -€2,025 | -19.0% |
| Other amounts receivable | 41 | €4,180 | €3,109 | -€1,071 | -25.6% |
| Cash at bank and in hand | 54/58 | - | €6,514 | +€6,514 | |
| Total equity and liabilities | 10/49 | €54,799 | €51,263 | -€3,536 | -6.5% |
| Equity | 10/15 | -€13,878 | -€7,601 | +€6,278 | +45.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,878 | -€12,601 | +€6,278 | +33.3% |
| Amounts payable | 17/49 | €68,677 | €58,863 | -€9,813 | -14.3% |
| Amounts payable within one year | 42/48 | €68,677 | €58,863 | -€9,813 | -14.3% |
| Taxes, remuneration and social security | 45 | €4,012 | €1,178 | -€2,834 | -70.6% |
| Taxes | 450/3 | - | €1,178 | +€1,178 | |
| Remuneration and social security | 454/9 | €4,012 | €0 | -€4,012 | -100% |
| Other amounts payable | 47/48 | €64,665 | €57,686 | -€6,980 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,104 | +€2,104 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Other operating charges | 640/8 | €309 | €894 | +€585 | +189% |
| Gross operating margin | 9900 | -€23,734 | €9,475 | +€33,209 | |
| Operating profit (loss) | 9901 | -€24,043 | €6,477 | +€30,519 | |
| Financial charges | 65/66B | €200 | €199 | -€1 | -0.6% |
| Recurring financial charges | 65 | €200 | €199 | -€1 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,243 | €6,278 | +€30,521 | |
| Profit (loss) for the period | 9904 | -€24,243 | €6,278 | +€30,521 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,243 | €6,278 | +€30,521 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.