Somalex: what changed
Two fiscal 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.
Somalex
Largest movements
- Tangible fixed assets -€193,154
down €193,154 (-26.6%), from €727,425 to €534,272
of which Land and buildings: -€175,050
- Other debts -€164,343
down €164,343 (-43.5%), from €377,952 to €213,610
- Debts after one year -€19,422
down €19,422 (-5.6%), from €344,500 to €325,078
- Trade debts -€14,729
down €14,729 (-73.0%), from €20,184 to €5,455
- Gross operating margin +€123,475
up €123,475, from -€2,467 to €121,008
- Depreciation -€14,484
down €14,484 (-23.3%), from €62,285 to €47,801
- Staff costs +€8,797
up €8,797 (+31.3%), from €28,079 to €36,876
- Other operating charges -€2,049
down €2,049 (-47.9%), from €4,276 to €2,227
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 | €749,173 | €556,037 | -€193,136 | -25.8% |
| Fixed assets | 21/28 | €734,009 | €539,328 | -€194,681 | -26.5% |
| Intangible fixed assets | 21 | €6,584 | €5,056 | -€1,528 | -23.2% |
| Tangible fixed assets | 22/27 | €727,425 | €534,272 | -€193,154 | -26.6% |
| Land and buildings | 22 | €650,617 | €475,567 | -€175,050 | -26.9% |
| Plant, machinery and equipment | 23 | €14,341 | €11,712 | -€2,629 | -18.3% |
| Furniture and vehicles | 24 | €62,468 | €46,993 | -€15,474 | -24.8% |
| Current assets | 29/58 | €15,164 | €16,709 | +€1,545 | +10.2% |
| Stocks and contracts in progress | 3 | €4,738 | €6,654 | +€1,916 | +40.4% |
| Stocks | 30/36 | €4,738 | €6,654 | +€1,916 | +40.4% |
| Amounts receivable within one year | 40/41 | €1,769 | €1,471 | -€298 | -16.9% |
| Trade receivables | 40 | €472 | €1,137 | +€665 | +140.9% |
| Other amounts receivable | 41 | €1,297 | €333 | -€963 | -74.3% |
| Cash at bank and in hand | 54/58 | €6,103 | €5,978 | -€125 | -2.1% |
| Deferred charges and accrued income | 490/1 | €2,554 | €2,606 | +€52 | +2.0% |
| Total equity and liabilities | 10/49 | €749,173 | €556,037 | -€193,136 | -25.8% |
| Equity | 10/15 | -€18,911 | -€13,111 | +€5,800 | +30.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,911 | -€113,111 | +€5,800 | +4.9% |
| Amounts payable | 17/49 | €768,084 | €569,148 | -€198,937 | -25.9% |
| Amounts payable after more than one year | 17 | €344,500 | €325,078 | -€19,422 | -5.6% |
| Financial debts | 170/4 | €344,500 | €325,078 | -€19,422 | -5.6% |
| Amounts payable within one year | 42/48 | €423,584 | €244,070 | -€179,514 | -42.4% |
| Current portion of amounts payable after more than one year | 42 | €18,586 | €19,422 | +€837 | +4.5% |
| Trade debts | 44 | €20,184 | €5,455 | -€14,729 | -73.0% |
| Suppliers | 440/4 | €20,184 | €5,455 | -€14,729 | -73.0% |
| Taxes, remuneration and social security | 45 | €6,862 | €5,583 | -€1,279 | -18.6% |
| Taxes | 450/3 | €542 | €1,825 | +€1,283 | +236.5% |
| Remuneration and social security | 454/9 | €6,319 | €3,758 | -€2,561 | -40.5% |
| Other amounts payable | 47/48 | €377,952 | €213,610 | -€164,343 | -43.5% |
| Remuneration, social security and pensions | 62 | €28,079 | €36,876 | +€8,797 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,285 | €47,801 | -€14,484 | -23.3% |
| Other operating charges | 640/8 | €4,276 | €2,227 | -€2,049 | -47.9% |
| Non-recurring operating charges | 66A | - | €7,105 | +€7,105 | |
| Gross operating margin | 9900 | -€2,467 | €121,008 | +€123,475 | |
| Operating profit (loss) | 9901 | -€97,107 | €26,999 | +€124,106 | |
| Financial income | 75/76B | €449 | €176 | -€273 | -60.8% |
| Recurring financial income | 75 | €449 | €176 | -€273 | -60.8% |
| Financial charges | 65/66B | €22,062 | €21,171 | -€891 | -4.0% |
| Recurring financial charges | 65 | €22,062 | €21,171 | -€891 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€118,720 | €6,004 | +€124,724 | |
| Income taxes | 67/77 | €191 | €204 | +€13 | +6.8% |
| Profit (loss) for the period | 9904 | -€118,911 | €5,800 | +€124,711 | |
| Profit (loss) for the period to be appropriated | 9905 | -€118,911 | €5,800 | +€124,711 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.