SoMaLaJo: 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.
SoMaLaJo
Largest movements
- Tangible fixed assets -€52,426
down €52,426 (-35.7%), from €146,720 to €94,294
of which Plant, machinery and equipment: -€49,701
- Cash +€7,771
up €7,771 (+59.9%), from €12,981 to €20,752
mainly Trade debts (+€38,398) and Investment in fixed assets (net) (+€27,719)
- Receivables within one year -€3,921
down €3,921 (-2.3%), from €167,204 to €163,283
of which Other amounts receivable: -€7,694
- Reserves -€49,997
down €49,997 (-37.7%), from €132,476 to €82,479
- Trade debts +€38,398
up €38,398 (+76.7%), from €50,050 to €88,447
- Debts after one year -€29,427
down €29,427 (-56.2%), from €52,335 to €22,908
- Other debts -€20,576
down €20,576 (-37.7%), from €54,639 to €34,063
- Tax, wage and social debts +€16,443
up €16,443 (+2,422%), from €679 to €17,122
of which Taxes: +€10,015
- Gross operating margin -€76,834
down €76,834 (-66.1%), from €116,152 to €39,318
- Write-downs -€34,972
down €34,972, from €0 to -€34,972
- Other operating charges +€32,294
up €32,294 (+635%), from €5,082 to €37,376
- Staff costs +€10,210
up €10,210 (+22.4%), from €45,489 to €55,699
- Depreciation -€7,194
down €7,194 (-22.6%), from €31,901 to €24,707
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 | €334,355 | €283,229 | -€51,126 | -15.3% |
| Fixed assets | 21/28 | €151,620 | €99,194 | -€52,426 | -34.6% |
| Tangible fixed assets | 22/27 | €146,720 | €94,294 | -€52,426 | -35.7% |
| Plant, machinery and equipment | 23 | €120,071 | €70,370 | -€49,701 | -41.4% |
| Furniture and vehicles | 24 | €25,269 | €22,889 | -€2,380 | -9.4% |
| Other tangible fixed assets | 26 | €1,380 | €1,035 | -€345 | -25.0% |
| Financial fixed assets | 28 | €4,900 | €4,900 | = | 0.0% |
| Current assets | 29/58 | €182,735 | €184,035 | +€1,300 | +0.7% |
| Amounts receivable within one year | 40/41 | €167,204 | €163,283 | -€3,921 | -2.3% |
| Trade receivables | 40 | €159,510 | €163,283 | +€3,773 | +2.4% |
| Other amounts receivable | 41 | €7,694 | €0 | -€7,694 | -100% |
| Cash at bank and in hand | 54/58 | €12,981 | €20,752 | +€7,771 | +59.9% |
| Deferred charges and accrued income | 490/1 | €2,550 | €0 | -€2,550 | -100% |
| Total equity and liabilities | 10/49 | €334,355 | €283,229 | -€51,126 | -15.3% |
| Equity | 10/15 | €138,676 | €88,679 | -€49,997 | -36.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €132,476 | €82,479 | -€49,997 | -37.7% |
| Distributable reserves | 133 | €132,476 | €82,479 | -€49,997 | -37.7% |
| Amounts payable | 17/49 | €195,678 | €194,550 | -€1,129 | -0.6% |
| Amounts payable after more than one year | 17 | €52,335 | €22,908 | -€29,427 | -56.2% |
| Financial debts | 170/4 | €52,335 | €22,908 | -€29,427 | -56.2% |
| Amounts payable within one year | 42/48 | €143,199 | €171,596 | +€28,397 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €37,832 | €31,964 | -€5,868 | -15.5% |
| Trade debts | 44 | €50,050 | €88,447 | +€38,398 | +76.7% |
| Suppliers | 440/4 | €50,050 | €88,447 | +€38,398 | +76.7% |
| Taxes, remuneration and social security | 45 | €679 | €17,122 | +€16,443 | +2,422% |
| Taxes | 450/3 | €679 | €10,694 | +€10,015 | +1,475% |
| Remuneration and social security | 454/9 | €0 | €6,428 | +€6,428 | |
| Other amounts payable | 47/48 | €54,639 | €34,063 | -€20,576 | -37.7% |
| Accrued charges and deferred income | 492/3 | €144 | €46 | -€99 | -68.3% |
| Remuneration, social security and pensions | 62 | €45,489 | €55,699 | +€10,210 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,901 | €24,707 | -€7,194 | -22.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€34,972 | -€34,972 | |
| Other operating charges | 640/8 | €5,082 | €37,376 | +€32,294 | +635% |
| Gross operating margin | 9900 | €116,152 | €39,318 | -€76,834 | -66.1% |
| Operating profit (loss) | 9901 | €33,680 | -€43,492 | -€77,171 | |
| Financial income | 75/76B | €144 | €40 | -€104 | -72.2% |
| Recurring financial income | 75 | €144 | €40 | -€104 | -72.2% |
| Financial charges | 65/66B | €4,455 | €6,264 | +€1,809 | +40.6% |
| Recurring financial charges | 65 | €4,455 | €6,264 | +€1,809 | +40.6% |
| Profit (loss) for the period before taxes | 9903 | €29,368 | -€49,715 | -€79,084 | |
| Income taxes | 67/77 | €285 | €282 | -€4 | -1.3% |
| Profit (loss) for the period | 9904 | €29,083 | -€49,997 | -€79,080 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,083 | -€49,997 | -€79,080 |
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 1 November 2026 via checked.be.