SOMAGEST: 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.
SOMAGEST
Largest movements
- Receivables within one year -€35,271
down €35,271 (-15.8%), from €222,607 to €187,336
of which Other amounts receivable: -€29,844
- Tangible fixed assets -€29,560
down €29,560 (-6.0%), from €495,636 to €466,076
of which Land and buildings: -€29,560
- Profit (loss) carried forward -€65,916
down €65,916 (-90.7%), from €72,635 to €6,719
- Other debts +€42,810
up €42,810 (+69.3%), from €61,796 to €104,606
- Debts after one year -€18,410
down €18,410 (-4.3%), from €431,974 to €413,564
- Trade debts -€14,452
down €14,452 (-46.6%), from €30,999 to €16,547
- Current portion of long-term debt -€11,229
down €11,229 (-34.1%), from €32,901 to €21,672
- Gross operating margin -€68,597
down €68,597, from €28,657 to -€39,940
- Financial charges -€6,118
down €6,118 (-36.3%), from €16,831 to €10,713
of which Financial charges: -€4,269
- Depreciation +€3,731
up €3,731 (+34.5%), from €10,829 to €14,560
- Other operating charges -€881
down €881 (-59.1%), from €1,490 to €609
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 | €737,206 | €671,538 | -€65,668 | -8.9% |
| Fixed assets | 21/28 | €508,356 | €477,476 | -€30,880 | -6.1% |
| Tangible fixed assets | 22/27 | €495,636 | €466,076 | -€29,560 | -6.0% |
| Land and buildings | 22 | €479,136 | €449,576 | -€29,560 | -6.2% |
| Furniture and vehicles | 24 | €11,500 | €11,500 | = | 0.0% |
| Other tangible fixed assets | 26 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €12,720 | €11,400 | -€1,320 | -10.4% |
| Current assets | 29/58 | €228,849 | €194,062 | -€34,787 | -15.2% |
| Amounts receivable within one year | 40/41 | €222,607 | €187,336 | -€35,271 | -15.8% |
| Trade receivables | 40 | €190,745 | €185,318 | -€5,427 | -2.8% |
| Other amounts receivable | 41 | €31,862 | €2,018 | -€29,844 | -93.7% |
| Cash at bank and in hand | 54/58 | €2,428 | €6,250 | +€3,822 | +157% |
| Deferred charges and accrued income | 490/1 | €3,814 | €476 | -€3,339 | -87.5% |
| Total equity and liabilities | 10/49 | €737,206 | €671,538 | -€65,668 | -8.9% |
| Equity | 10/15 | €172,195 | €106,279 | -€65,916 | -38.3% |
| Contributions | 10/11 | €7,700 | €7,700 | = | 0.0% |
| Reserves | 13 | €91,860 | €91,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €91,860 | €91,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €91,860 | €91,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,635 | €6,719 | -€65,916 | -90.7% |
| Amounts payable | 17/49 | €565,010 | €565,259 | +€248 | 0.0% |
| Amounts payable after more than one year | 17 | €431,974 | €413,564 | -€18,410 | -4.3% |
| Financial debts | 170/4 | €431,974 | €413,564 | -€18,410 | -4.3% |
| Amounts payable within one year | 42/48 | €132,200 | €150,898 | +€18,698 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €32,901 | €21,672 | -€11,229 | -34.1% |
| Trade debts | 44 | €30,999 | €16,547 | -€14,452 | -46.6% |
| Suppliers | 440/4 | €30,999 | €16,547 | -€14,452 | -46.6% |
| Taxes, remuneration and social security | 45 | €6,505 | €8,074 | +€1,569 | +24.1% |
| Taxes | 450/3 | €6,505 | €250 | -€6,255 | -96.2% |
| Remuneration and social security | 454/9 | - | €7,824 | +€7,824 | |
| Other amounts payable | 47/48 | €61,796 | €104,606 | +€42,810 | +69.3% |
| Accrued charges and deferred income | 492/3 | €836 | €796 | -€40 | -4.8% |
| Non-recurring operating income | 76A | €1,429 | €656 | -€773 | -54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,829 | €14,560 | +€3,731 | +34.5% |
| Other operating charges | 640/8 | €1,490 | €609 | -€881 | -59.1% |
| Gross operating margin | 9900 | €28,657 | -€39,940 | -€68,597 | |
| Operating profit (loss) | 9901 | €16,337 | -€55,110 | -€71,447 | |
| Financial charges | 65/66B | €16,831 | €10,713 | -€6,118 | -36.3% |
| Recurring financial charges | 65 | €14,982 | €10,713 | -€4,269 | -28.5% |
| Non-recurring financial charges | 66B | €1,849 | - | -€1,849 | |
| Profit (loss) for the period before taxes | 9903 | -€495 | -€65,823 | -€65,329 | -13,209% |
| Income taxes | 67/77 | €156 | €93 | -€63 | -40.5% |
| Profit (loss) for the period | 9904 | -€651 | -€65,916 | -€65,265 | -10,025% |
| Profit (loss) for the period to be appropriated | 9905 | -€651 | -€65,916 | -€65,265 | -10,025% |
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 25 October 2026 via checked.be.