SOM&SP: 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.
SOM&SP
Largest movements
- Receivables within one year +€9,670
up €9,670 (+21.4%), from €45,129 to €54,799
of which Trade receivables: +€9,932
- Cash -€8,862
down €8,862 (-91.8%), from €9,650 to €788
mainly Net result for the year (-€35,144) and Tax, wage and social debts (-€11,360)
- Tangible fixed assets +€1,123
new in 2025: €1,123
- Trade debts +€48,436
up €48,436 (+88.3%), from €54,874 to €103,310
- Profit (loss) carried forward -€35,144
down €35,144 (-167.6%), from -€20,968 to -€56,113
- Tax, wage and social debts -€11,360
down €11,360 (-60.2%), from €18,874 to €7,514
- Turnover -€818.8m
down €818.8m (-100.0%), from €818.9m to €74,850
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 | €54,779 | €56,711 | +€1,931 | +3.5% |
| Fixed assets | 21/28 | - | €1,123 | +€1,123 | |
| Tangible fixed assets | 22/27 | - | €1,123 | +€1,123 | |
| Furniture and vehicles | 24 | - | €1,123 | +€1,123 | |
| Current assets | 29/58 | €54,779 | €55,587 | +€808 | +1.5% |
| Amounts receivable within one year | 40/41 | €45,129 | €54,799 | +€9,670 | +21.4% |
| Trade receivables | 40 | €31,053 | €40,985 | +€9,932 | +32.0% |
| Other amounts receivable | 41 | €14,076 | €13,814 | -€262 | -1.9% |
| Cash at bank and in hand | 54/58 | €9,650 | €788 | -€8,862 | -91.8% |
| Total equity and liabilities | 10/49 | €54,779 | €56,711 | +€1,931 | +3.5% |
| Equity | 10/15 | -€18,968 | -€54,113 | -€35,144 | -185.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,968 | -€56,113 | -€35,144 | -167.6% |
| Amounts payable | 17/49 | €73,748 | €110,823 | +€37,075 | +50.3% |
| Amounts payable within one year | 42/48 | €73,748 | €110,823 | +€37,075 | +50.3% |
| Trade debts | 44 | €54,874 | €103,310 | +€48,436 | +88.3% |
| Suppliers | 440/4 | €54,874 | €103,310 | +€48,436 | +88.3% |
| Taxes, remuneration and social security | 45 | €18,874 | €7,514 | -€11,360 | -60.2% |
| Taxes | 450/3 | €18,874 | €7,514 | -€11,360 | -60.2% |
| Turnover | 70 | €818,895,037 | €74,850 | -€818.8m | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,150 | €94,796 | +€81,647 | +620.9% |
| Remuneration, social security and pensions | 62 | €64,821 | €6,905 | -€57,915 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €562 | +€562 | |
| Other operating charges | 640/8 | - | €220 | +€220 | |
| Gross operating margin | 9900 | €81,887 | -€27,414 | -€109,301 | |
| Operating profit (loss) | 9901 | €17,067 | -€35,101 | -€52,168 | |
| Financial charges | 65/66B | €119 | €43 | -€77 | -64.0% |
| Recurring financial charges | 65 | €119 | €43 | -€77 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | €16,947 | -€35,144 | -€52,091 | |
| Profit (loss) for the period | 9904 | €16,947 | -€35,144 | -€52,091 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,947 | -€35,144 | -€52,091 |
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 5 October 2026 via checked.be.