SOMAGRO: 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.
SOMAGRO
Largest movements
- Tangible fixed assets +€101,469
up €101,469 (+174.5%), from €58,143 to €159,612
of which Plant, machinery and equipment: +€118,747
- Receivables within one year +€41,149
up €41,149 (+65.8%), from €62,508 to €103,658
of which Trade receivables: +€41,637
- Cash +€22,656
up €22,656 (+40.7%), from €55,684 to €78,340
mainly Debts after one year (+€76,417) and Net result for the year (+€52,789)
- Debts after one year +€76,417
up €76,417 (+230.2%), from €33,191 to €109,609
- Reserves +€52,789
up €52,789 (+113.6%), from €46,470 to €99,260
- Other debts -€33,964
down €33,964 (-47.5%), from €71,556 to €37,592
- Current portion of long-term debt +€28,373
up €28,373 (+159.9%), from €17,742 to €46,114
- Trade debts +€27,642
up €27,642 (+276.1%), from €10,010 to €37,653
- Gross operating margin +€143,588
up €143,588 (+229.6%), from €62,548 to €206,136
- Staff costs +€62,517
up €62,517 (+311.7%), from €20,057 to €82,574
- Depreciation +€29,325
up €29,325 (+174.5%), from €16,809 to €46,135
- Taxes +€9,056
up €9,056 (+191.9%), from €4,719 to €13,775
- Financial charges +€7,353
up €7,353 (+427.6%), from €1,720 to €9,073
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 | €184,272 | €350,765 | +€166,493 | +90.4% |
| Fixed assets | 21/28 | €58,143 | €159,612 | +€101,469 | +174.5% |
| Tangible fixed assets | 22/27 | €58,143 | €159,612 | +€101,469 | +174.5% |
| Plant, machinery and equipment | 23 | €8,792 | €127,539 | +€118,747 | +1350.7% |
| Furniture and vehicles | 24 | €49,351 | €32,073 | -€17,278 | -35.0% |
| Current assets | 29/58 | €126,129 | €191,153 | +€65,024 | +51.6% |
| Stocks and contracts in progress | 3 | €4,834 | €4,834 | = | 0.0% |
| Stocks | 30/36 | €4,834 | €4,834 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,508 | €103,658 | +€41,149 | +65.8% |
| Trade receivables | 40 | €53,755 | €95,392 | +€41,637 | +77.5% |
| Other amounts receivable | 41 | €8,754 | €8,266 | -€488 | -5.6% |
| Cash at bank and in hand | 54/58 | €55,684 | €78,340 | +€22,656 | +40.7% |
| Deferred charges and accrued income | 490/1 | €3,102 | €4,320 | +€1,218 | +39.3% |
| Total equity and liabilities | 10/49 | €184,272 | €350,765 | +€166,493 | +90.4% |
| Equity | 10/15 | €50,470 | €103,260 | +€52,789 | +104.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €46,470 | €99,260 | +€52,789 | +113.6% |
| Distributable reserves | 133 | €46,470 | €99,260 | +€52,789 | +113.6% |
| Amounts payable | 17/49 | €133,801 | €247,505 | +€113,704 | +85.0% |
| Amounts payable after more than one year | 17 | €33,191 | €109,609 | +€76,417 | +230.2% |
| Financial debts | 170/4 | €33,191 | €109,609 | +€76,417 | +230.2% |
| Amounts payable within one year | 42/48 | €100,610 | €137,896 | +€37,286 | +37.1% |
| Current portion of amounts payable after more than one year | 42 | €17,742 | €46,114 | +€28,373 | +159.9% |
| Trade debts | 44 | €10,010 | €37,653 | +€27,642 | +276.1% |
| Suppliers | 440/4 | €10,010 | €37,653 | +€27,642 | +276.1% |
| Taxes, remuneration and social security | 45 | €1,302 | €16,537 | +€15,236 | +1170.5% |
| Taxes | 450/3 | €1,302 | €10,154 | +€8,853 | +680.1% |
| Remuneration and social security | 454/9 | - | €6,383 | +€6,383 | |
| Other amounts payable | 47/48 | €71,556 | €37,592 | -€33,964 | -47.5% |
| Remuneration, social security and pensions | 62 | €20,057 | €82,574 | +€62,517 | +311.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,809 | €46,135 | +€29,325 | +174.5% |
| Other operating charges | 640/8 | €531 | €1,805 | +€1,275 | +240.2% |
| Gross operating margin | 9900 | €62,548 | €206,136 | +€143,588 | +229.6% |
| Operating profit (loss) | 9901 | €25,151 | €75,622 | +€50,471 | +200.7% |
| Financial income | 75/76B | €19 | €15 | -€5 | -23.6% |
| Recurring financial income | 75 | €19 | €15 | -€5 | -23.6% |
| Financial charges | 65/66B | €1,720 | €9,073 | +€7,353 | +427.6% |
| Recurring financial charges | 65 | €1,720 | €9,073 | +€7,353 | +427.6% |
| Profit (loss) for the period before taxes | 9903 | €23,451 | €66,564 | +€43,113 | +183.8% |
| Income taxes | 67/77 | €4,719 | €13,775 | +€9,056 | +191.9% |
| Profit (loss) for the period | 9904 | €18,732 | €52,789 | +€34,057 | +181.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,732 | €52,789 | +€34,057 | +181.8% |
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 9 October 2026 via checked.be.