SOMAFI B & A: 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.
SOMAFI B & A
Largest movements
- Deferred charges and accrued income -€475,766
no longer reported in 2025 (was €475,766)
- Intangible fixed assets -€198,384
down €198,384 (-14.2%), from €1.4m to €1.2m
- Receivables within one year +€189,636
new in 2025: €189,636
of which Other amounts receivable: +€128,104
- Current investments +€140,884
new in 2025: €140,884
- Cash +€23,160
up €23,160 (+347%), from €6,681 to €29,841
mainly Deferred charges and accrued income (+€475,766) and Other debts (+€328,718)
- Profit (loss) carried forward -€631,642
down €631,642, from €178,593 to -€453,049
- Other debts +€328,718
up €328,718 (+3,165%), from €10,387 to €339,105
- Current portion of long-term debt -€224,874
down €224,874 (-76.8%), from €292,889 to €68,014
- Reserves +€140,884
new in 2025: €140,884
- Debts after one year +€113,751
up €113,751 (+8.9%), from €1.3m to €1.4m
of which Financial debts: +€161,205
- Gross operating margin -€421,820
down €421,820 (-44.3%), from €953,113 to €531,293
- Other operating charges +€403,066
up €403,066 (+4,033%), from €9,994 to €413,060
- Staff costs -€102,067
down €102,067 (-23.9%), from €426,901 to €324,835
- Taxes -€46,963
down €46,963 (-99.8%), from €47,053 to €90
- Depreciation -€28,803
down €28,803 (-11.7%), from €246,138 to €217,336
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 | €1,924,008 | €1,591,352 | -€332,657 | -17.3% |
| Fixed assets | 21/28 | €1,441,562 | €1,230,991 | -€210,571 | -14.6% |
| Intangible fixed assets | 21 | €1,394,879 | €1,196,495 | -€198,384 | -14.2% |
| Tangible fixed assets | 22/27 | €46,683 | €34,496 | -€12,187 | -26.1% |
| Plant, machinery and equipment | 23 | €11,582 | €10,270 | -€1,312 | -11.3% |
| Furniture and vehicles | 24 | €35,101 | €24,226 | -€10,875 | -31.0% |
| Current assets | 29/58 | €482,447 | €360,361 | -€122,086 | -25.3% |
| Amounts receivable within one year | 40/41 | - | €189,636 | +€189,636 | |
| Trade receivables | 40 | - | €61,532 | +€61,532 | |
| Other amounts receivable | 41 | - | €128,104 | +€128,104 | |
| Current investments | 50/53 | - | €140,884 | +€140,884 | |
| Cash at bank and in hand | 54/58 | €6,681 | €29,841 | +€23,160 | +347% |
| Deferred charges and accrued income | 490/1 | €475,766 | - | -€475,766 | |
| Total equity and liabilities | 10/49 | €1,924,008 | €1,591,352 | -€332,657 | -17.3% |
| Equity | 10/15 | €188,593 | -€302,165 | -€490,758 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €140,884 | +€140,884 | |
| Non-distributable reserves | 130/1 | - | €140,884 | +€140,884 | |
| Own shares acquired | 1312 | - | €140,884 | +€140,884 | |
| Profit (loss) carried forward | 14 | €178,593 | -€453,049 | -€631,642 | |
| Amounts payable | 17/49 | €1,735,416 | €1,893,516 | +€158,101 | +9.1% |
| Amounts payable after more than one year | 17 | €1,284,655 | €1,398,406 | +€113,751 | +8.9% |
| Financial debts | 170/4 | €1,237,201 | €1,398,406 | +€161,205 | +13.0% |
| Other amounts payable | 178/9 | €47,454 | - | -€47,454 | |
| Amounts payable within one year | 42/48 | €450,760 | €495,110 | +€44,350 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €292,889 | €68,014 | -€224,874 | -76.8% |
| Trade debts | 44 | €10,785 | €4,238 | -€6,547 | -60.7% |
| Suppliers | 440/4 | €10,785 | €4,238 | -€6,547 | -60.7% |
| Taxes, remuneration and social security | 45 | €136,700 | €83,753 | -€52,946 | -38.7% |
| Taxes | 450/3 | €79,687 | €13,038 | -€66,649 | -83.6% |
| Remuneration and social security | 454/9 | €57,013 | €70,715 | +€13,703 | +24.0% |
| Other amounts payable | 47/48 | €10,387 | €339,105 | +€328,718 | +3,165% |
| Non-recurring operating income | 76A | €6,204 | - | -€6,204 | |
| Remuneration, social security and pensions | 62 | €426,901 | €324,835 | -€102,067 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246,138 | €217,336 | -€28,803 | -11.7% |
| Other operating charges | 640/8 | €9,994 | €413,060 | +€403,066 | +4,033% |
| Non-recurring operating charges | 66A | €14,900 | - | -€14,900 | |
| Gross operating margin | 9900 | €953,113 | €531,293 | -€421,820 | -44.3% |
| Operating profit (loss) | 9901 | €255,180 | -€423,937 | -€679,117 | |
| Financial income | 75/76B | €0 | €10 | +€10 | +10,889% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +10,889% |
| Financial charges | 65/66B | €71,966 | €66,741 | -€5,225 | -7.3% |
| Recurring financial charges | 65 | €71,966 | €66,741 | -€5,225 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €183,214 | -€490,668 | -€673,882 | |
| Income taxes | 67/77 | €47,053 | €90 | -€46,963 | -99.8% |
| Profit (loss) for the period | 9904 | €136,161 | -€490,758 | -€626,919 | |
| Profit (loss) for the period to be appropriated | 9905 | €136,161 | -€490,758 | -€626,919 |
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 14 October 2026 via checked.be.