SOM THAI: 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 THAI
Largest movements
- Cash +€22,505
up €22,505 (+270.7%), from €8,315 to €30,820
mainly Net result for the year (+€18,966) and Tax, wage and social debts (+€15,711)
- Financial fixed assets -€18,020
down €18,020 (-96.4%), from €18,690 to €670
- Stocks and contracts +€12,443
up €12,443 (+248.6%), from €5,005 to €17,448
- Receivables within one year +€8,236
up €8,236 (+35.2%), from €23,426 to €31,662
of which Trade receivables: +€16,474
- Profit (loss) carried forward +€18,966
up €18,966, from -€4,497 to €14,469
- Reserves -€17,000
down €17,000 (-93.5%), from €18,175 to €1,175
- Tax, wage and social debts +€15,711
up €15,711 (+1041.0%), from €1,509 to €17,220
of which Remuneration and social security: +€13,320
- Trade debts +€10,394
up €10,394 (+73.0%), from €14,234 to €24,628
of which Bills of exchange payable: +€9,550
- Other debts -€2,828
down €2,828 (-14.2%), from €19,957 to €17,129
- Gross operating margin +€59,552
up €59,552 (+100.1%), from €59,468 to €119,020
- Staff costs +€33,560
up €33,560 (+70.8%), from €47,424 to €80,984
- Taxes +€4,344
up €4,344 (+9340.9%), from €47 to €4,391
- Financial charges +€3,903
up €3,903 (+1597.3%), from €244 to €4,147
- Depreciation +€3,420
up €3,420 (+97.9%), from €3,492 to €6,912
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 | €74,379 | €99,622 | +€25,243 | +33.9% |
| Fixed assets | 21/28 | €37,432 | €19,692 | -€17,740 | -47.4% |
| Tangible fixed assets | 22/27 | €18,741 | €19,022 | +€280 | +1.5% |
| Plant, machinery and equipment | 23 | €4,260 | €6,970 | +€2,710 | +63.6% |
| Furniture and vehicles | 24 | €14,482 | €8,997 | -€5,484 | -37.9% |
| Other tangible fixed assets | 26 | - | €3,054 | +€3,054 | |
| Financial fixed assets | 28 | €18,690 | €670 | -€18,020 | -96.4% |
| Current assets | 29/58 | €36,947 | €79,930 | +€42,983 | +116.3% |
| Stocks and contracts in progress | 3 | €5,005 | €17,448 | +€12,443 | +248.6% |
| Stocks | 30/36 | €5,005 | €17,448 | +€12,443 | +248.6% |
| Amounts receivable within one year | 40/41 | €23,426 | €31,662 | +€8,236 | +35.2% |
| Trade receivables | 40 | €8,703 | €25,178 | +€16,474 | +189.3% |
| Other amounts receivable | 41 | €14,723 | €6,485 | -€8,238 | -56.0% |
| Cash at bank and in hand | 54/58 | €8,315 | €30,820 | +€22,505 | +270.7% |
| Deferred charges and accrued income | 490/1 | €200 | - | -€200 | |
| Total equity and liabilities | 10/49 | €74,379 | €99,622 | +€25,243 | +33.9% |
| Equity | 10/15 | €38,678 | €40,645 | +€1,966 | +5.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €18,175 | €1,175 | -€17,000 | -93.5% |
| Distributable reserves | 133 | €18,175 | €1,175 | -€17,000 | -93.5% |
| Profit (loss) carried forward | 14 | -€4,497 | €14,469 | +€18,966 | |
| Amounts payable | 17/49 | €35,700 | €58,977 | +€23,277 | +65.2% |
| Amounts payable within one year | 42/48 | €35,700 | €58,977 | +€23,277 | +65.2% |
| Trade debts | 44 | €14,234 | €24,628 | +€10,394 | +73.0% |
| Suppliers | 440/4 | €14,234 | €15,078 | +€844 | +5.9% |
| Bills of exchange payable | 441 | - | €9,550 | +€9,550 | |
| Taxes, remuneration and social security | 45 | €1,509 | €17,220 | +€15,711 | +1041.0% |
| Taxes | 450/3 | €897 | €3,287 | +€2,391 | +266.7% |
| Remuneration and social security | 454/9 | €613 | €13,933 | +€13,320 | +2173.7% |
| Other amounts payable | 47/48 | €19,957 | €17,129 | -€2,828 | -14.2% |
| Remuneration, social security and pensions | 62 | €47,424 | €80,984 | +€33,560 | +70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,492 | €6,912 | +€3,420 | +97.9% |
| Other operating charges | 640/8 | €4,400 | €2,205 | -€2,195 | -49.9% |
| Non-recurring operating charges | 66A | €11,775 | €2,445 | -€9,330 | -79.2% |
| Gross operating margin | 9900 | €59,468 | €119,020 | +€59,552 | +100.1% |
| Operating profit (loss) | 9901 | -€7,624 | €26,474 | +€34,098 | |
| Financial income | 75/76B | €301 | €1,031 | +€730 | +242.6% |
| Recurring financial income | 75 | €301 | €1,031 | +€730 | +242.6% |
| Financial charges | 65/66B | €244 | €4,147 | +€3,903 | +1597.3% |
| Recurring financial charges | 65 | €244 | €4,147 | +€3,903 | +1597.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,567 | €23,357 | +€30,925 | |
| Income taxes | 67/77 | €47 | €4,391 | +€4,344 | +9340.9% |
| Profit (loss) for the period | 9904 | -€7,614 | €18,966 | +€26,580 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,614 | €18,966 | +€26,580 |
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 11 October 2026 via checked.be.