SOMACK INVEST: 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.
SOMACK INVEST
Largest movements
- Current investments +€1.1m
up €1.1m (+593%), from €185,125 to €1.3m
- Financial fixed assets -€455,000
down €455,000 (-85.8%), from €530,000 to €75,000
- Tangible fixed assets -€53,433
down €53,433 (-4.6%), from €1.2m to €1.1m
of which Land and buildings: -€42,632
- Cash -€24,946
down €24,946 (-56.2%), from €44,377 to €19,431
mainly Current investments (-€1.1m) and Debts after one year (-€79,828)
- Profit (loss) carried forward +€475,016
up €475,016 (+491%), from €96,649 to €571,664
- Reserves +€180,000
up €180,000 (+13.5%), from €1.3m to €1.5m
of which Distributable reserves: +€180,000
- Debts after one year -€79,828
down €79,828 (-29.9%), from €266,702 to €186,875
of which Financial debts: -€81,008
- Financial income +€543,061
up €543,061 (+518%), from €104,843 to €647,904
- Gross operating margin -€12,671
down €12,671 (-7.9%), from €161,367 to €148,695
- Taxes +€2,951
up €2,951 (+10.9%), from €27,145 to €30,096
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 | €1,926,785 | €2,485,091 | +€558,306 | +29.0% |
| Fixed assets | 21/28 | €1,685,254 | €1,176,821 | -€508,433 | -30.2% |
| Tangible fixed assets | 22/27 | €1,155,254 | €1,101,821 | -€53,433 | -4.6% |
| Land and buildings | 22 | €1,136,712 | €1,094,080 | -€42,632 | -3.8% |
| Plant, machinery and equipment | 23 | €8,023 | €722 | -€7,301 | -91.0% |
| Furniture and vehicles | 24 | €10,519 | €7,019 | -€3,500 | -33.3% |
| Financial fixed assets | 28 | €530,000 | €75,000 | -€455,000 | -85.8% |
| Current assets | 29/58 | €241,531 | €1,308,270 | +€1.1m | +442% |
| Amounts receivable within one year | 40/41 | €125 | €0 | -€125 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €125 | €0 | -€125 | -100% |
| Current investments | 50/53 | €185,125 | €1,283,423 | +€1.1m | +593% |
| Cash at bank and in hand | 54/58 | €44,377 | €19,431 | -€24,946 | -56.2% |
| Deferred charges and accrued income | 490/1 | €11,905 | €5,416 | -€6,488 | -54.5% |
| Total equity and liabilities | 10/49 | €1,926,785 | €2,485,091 | +€558,306 | +29.0% |
| Equity | 10/15 | €1,529,549 | €2,184,564 | +€655,016 | +42.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,332,900 | €1,512,900 | +€180,000 | +13.5% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €1,322,900 | €1,502,900 | +€180,000 | +13.6% |
| Profit (loss) carried forward | 14 | €96,649 | €571,664 | +€475,016 | +491% |
| Amounts payable | 17/49 | €397,236 | €300,526 | -€96,710 | -24.3% |
| Amounts payable after more than one year | 17 | €266,702 | €186,875 | -€79,828 | -29.9% |
| Financial debts | 170/4 | €266,702 | €185,695 | -€81,008 | -30.4% |
| Other amounts payable | 178/9 | - | €1,180 | +€1,180 | |
| Amounts payable within one year | 42/48 | €127,884 | €110,862 | -€17,022 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €107,002 | €82,644 | -€24,359 | -22.8% |
| Trade debts | 44 | €907 | €4,365 | +€3,458 | +381% |
| Suppliers | 440/4 | €907 | €4,365 | +€3,458 | +381% |
| Taxes, remuneration and social security | 45 | €19,799 | €23,678 | +€3,879 | +19.6% |
| Taxes | 450/3 | €19,799 | €23,678 | +€3,879 | +19.6% |
| Other amounts payable | 47/48 | €175 | €175 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,650 | €2,790 | +€140 | +5.3% |
| Non-recurring operating income | 76A | €4 | €0 | -€4 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,879 | €81,650 | -€229 | -0.3% |
| Other operating charges | 640/8 | €20,599 | €20,974 | +€376 | +1.8% |
| Non-recurring operating charges | 66A | €4 | €1 | -€3 | -71.2% |
| Gross operating margin | 9900 | €161,367 | €148,695 | -€12,671 | -7.9% |
| Operating profit (loss) | 9901 | €58,885 | €46,070 | -€12,815 | -21.8% |
| Financial income | 75/76B | €104,843 | €647,904 | +€543,061 | +518% |
| Recurring financial income | 75 | €104,843 | €647,904 | +€543,061 | +518% |
| Financial charges | 65/66B | €9,496 | €8,863 | -€634 | -6.7% |
| Recurring financial charges | 65 | €9,496 | €8,863 | -€634 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €154,232 | €685,111 | +€530,879 | +344% |
| Income taxes | 67/77 | €27,145 | €30,096 | +€2,951 | +10.9% |
| Profit (loss) for the period | 9904 | €127,087 | €655,016 | +€527,929 | +415% |
| Profit (loss) for the period to be appropriated | 9905 | €127,087 | €655,016 | +€527,929 | +415% |
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 31 October 2026 via checked.be.