SOMAC: 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.
SOMAC
Largest movements
- Cash +€113,121
up €113,121 (+21974.2%), from €515 to €113,636
mainly Current investments (+€100,000) and Depreciation (+€10,837)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Tangible fixed assets -€10,837
down €10,837 (-12.4%), from €87,364 to €76,527
of which Furniture and vehicles: -€7,188
- Receivables within one year -€6,363
down €6,363 (-4.8%), from €132,364 to €126,001
- Profit (loss) carried forward -€273,834
down €273,834 (-100.0%), from €273,834 to €0
- Reserves +€263,055
up €263,055 (+941.8%), from €27,931 to €290,985
- Other debts +€4,229
new in 2025: €4,229
- Gross operating margin +€10,171
up €10,171 (+69.8%), from -€14,567 to -€4,396
- Depreciation +€6,597
up €6,597 (+155.6%), from €4,240 to €10,837
- Taxes -€1,073
down €1,073 (-82.8%), from €1,297 to €223
- Other operating charges -€854
down €854 (-18.9%), from €4,508 to €3,654
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 | €321,173 | €317,118 | -€4,056 | -1.3% |
| Fixed assets | 21/28 | €87,364 | €76,527 | -€10,837 | -12.4% |
| Tangible fixed assets | 22/27 | €87,364 | €76,527 | -€10,837 | -12.4% |
| Land and buildings | 22 | €51,424 | €47,775 | -€3,649 | -7.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €35,939 | €28,752 | -€7,188 | -20.0% |
| Current assets | 29/58 | €233,810 | €240,591 | +€6,781 | +2.9% |
| Amounts receivable within one year | 40/41 | €132,364 | €126,001 | -€6,363 | -4.8% |
| Other amounts receivable | 41 | €132,364 | €126,001 | -€6,363 | -4.8% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €515 | €113,636 | +€113,121 | +21974.2% |
| Deferred charges and accrued income | 490/1 | €931 | €954 | +€23 | +2.5% |
| Total equity and liabilities | 10/49 | €321,173 | €317,118 | -€4,056 | -1.3% |
| Equity | 10/15 | €320,357 | €309,577 | -€10,780 | -3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €27,931 | €290,985 | +€263,055 | +941.8% |
| Distributable reserves | 133 | €27,931 | €290,985 | +€263,055 | +941.8% |
| Profit (loss) carried forward | 14 | €273,834 | €0 | -€273,834 | -100.0% |
| Amounts payable | 17/49 | €816 | €7,541 | +€6,724 | +823.6% |
| Amounts payable within one year | 42/48 | €816 | €7,541 | +€6,724 | +823.6% |
| Trade debts | 44 | €816 | €3,312 | +€2,496 | +305.7% |
| Suppliers | 440/4 | €816 | €3,312 | +€2,496 | +305.7% |
| Other amounts payable | 47/48 | - | €4,229 | +€4,229 | |
| Non-recurring operating income | 76A | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,240 | €10,837 | +€6,597 | +155.6% |
| Other operating charges | 640/8 | €4,508 | €3,654 | -€854 | -18.9% |
| Gross operating margin | 9900 | -€14,567 | -€4,396 | +€10,171 | +69.8% |
| Operating profit (loss) | 9901 | -€23,314 | -€18,887 | +€4,428 | +19.0% |
| Financial income | 75/76B | €8,510 | €8,520 | +€11 | +0.1% |
| Recurring financial income | 75 | €8,510 | €8,520 | +€11 | +0.1% |
| Financial charges | 65/66B | €223 | €190 | -€33 | -14.8% |
| Recurring financial charges | 65 | €223 | €190 | -€33 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,028 | -€10,556 | +€4,471 | +29.8% |
| Income taxes | 67/77 | €1,297 | €223 | -€1,073 | -82.8% |
| Profit (loss) for the period | 9904 | -€16,324 | -€10,780 | +€5,545 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,324 | -€10,780 | +€5,545 | +34.0% |
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 1 October 2026 via checked.be.