SOM ESTATES: 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 ESTATES
Largest movements
- Stocks and contracts -€49,704
down €49,704 (-24.0%), from €206,688 to €156,983
- Receivables after one year +€7,883
new in 2025: €7,883
- Receivables within one year -€7,432
down €7,432 (-12.8%), from €57,945 to €50,513
of which Other amounts receivable: -€7,432
- Debts after one year +€134,708
new in 2025: €134,708
- Other debts -€125,324
down €125,324 (-73.6%), from €170,324 to €45,000
- Trade debts -€52,137
down €52,137 (-50.7%), from €102,863 to €50,725
- Profit (loss) carried forward -€6,577
down €6,577 (-44.9%), from -€14,661 to -€21,238
- Gross operating margin -€4,172
down €4,172 (-922%), from -€452 to -€4,625
- Financial charges -€2,662
down €2,662 (-60.0%), from €4,434 to €1,772
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 | €264,771 | €215,396 | -€49,375 | -18.6% |
| Current assets | 29/58 | €264,771 | €215,396 | -€49,375 | -18.6% |
| Amounts receivable after more than one year | 29 | - | €7,883 | +€7,883 | |
| Other amounts receivable | 291 | - | €7,883 | +€7,883 | |
| Stocks and contracts in progress | 3 | €206,688 | €156,983 | -€49,704 | -24.0% |
| Stocks | 30/36 | €206,688 | €156,983 | -€49,704 | -24.0% |
| Amounts receivable within one year | 40/41 | €57,945 | €50,513 | -€7,432 | -12.8% |
| Trade receivables | 40 | €48,544 | €48,544 | = | 0.0% |
| Other amounts receivable | 41 | €9,402 | €1,969 | -€7,432 | -79.1% |
| Cash at bank and in hand | 54/58 | €138 | €17 | -€121 | -87.9% |
| Total equity and liabilities | 10/49 | €264,771 | €215,396 | -€49,375 | -18.6% |
| Equity | 10/15 | -€8,461 | -€15,038 | -€6,577 | -77.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,661 | -€21,238 | -€6,577 | -44.9% |
| Amounts payable | 17/49 | €273,232 | €230,434 | -€42,798 | -15.7% |
| Amounts payable after more than one year | 17 | - | €134,708 | +€134,708 | |
| Other amounts payable | 178/9 | - | €134,708 | +€134,708 | |
| Amounts payable within one year | 42/48 | €273,187 | €95,725 | -€177,461 | -65.0% |
| Trade debts | 44 | €102,863 | €50,725 | -€52,137 | -50.7% |
| Suppliers | 440/4 | €102,863 | €50,725 | -€52,137 | -50.7% |
| Other amounts payable | 47/48 | €170,324 | €45,000 | -€125,324 | -73.6% |
| Accrued charges and deferred income | 492/3 | €45 | €0 | -€45 | -99.6% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€452 | -€4,625 | -€4,172 | -922% |
| Operating profit (loss) | 9901 | -€902 | -€5,087 | -€4,185 | -464% |
| Financial income | 75/76B | €295 | €281 | -€14 | -4.8% |
| Recurring financial income | 75 | €295 | €281 | -€14 | -4.8% |
| Financial charges | 65/66B | €4,434 | €1,772 | -€2,662 | -60.0% |
| Recurring financial charges | 65 | €4,434 | €1,772 | -€2,662 | -60.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,040 | -€6,577 | -€1,537 | -30.5% |
| Profit (loss) for the period | 9904 | -€5,040 | -€6,577 | -€1,537 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,040 | -€6,577 | -€1,537 | -30.5% |
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 19 October 2026 via checked.be.