Somar: 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.
Somar
Largest movements
- Tangible fixed assets +€475,771
up €475,771 (+61.0%), from €779,895 to €1.3m
of which Land and buildings: +€474,587
- Cash -€26,634
down €26,634 (-82.8%), from €32,158 to €5,523
mainly Investment in fixed assets (net) (-€533,864) and Smaller working-capital items (-€2,507)
- Debts after one year +€315,033
up €315,033 (+254%), from €124,193 to €439,226
- Other debts +€128,651
up €128,651 (+24.6%), from €523,567 to €652,219
- Current portion of long-term debt +€12,891
up €12,891 (+100%), from €12,866 to €25,757
- Depreciation +€22,292
up €22,292 (+62.3%), from €35,801 to €58,093
- Gross operating margin +€15,438
up €15,438 (+26.4%), from €58,528 to €73,965
- Financial charges +€9,344
up €9,344 (+360%), from €2,596 to €11,940
- Taxes -€5,752
down €5,752, from €5,751 to -€0
- Other operating charges +€1,136
up €1,136 (+15.9%), from €7,145 to €8,281
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 | €812,053 | €1,261,190 | +€449,137 | +55.3% |
| Fixed assets | 21/28 | €779,895 | €1,255,666 | +€475,771 | +61.0% |
| Tangible fixed assets | 22/27 | €779,895 | €1,255,666 | +€475,771 | +61.0% |
| Land and buildings | 22 | €779,628 | €1,254,214 | +€474,587 | +60.9% |
| Plant, machinery and equipment | 23 | €267 | €1,452 | +€1,184 | +443% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €32,158 | €5,523 | -€26,634 | -82.8% |
| Amounts receivable within one year | 40/41 | - | €0 | = | |
| Other amounts receivable | 41 | - | €0 | = | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €32,158 | €5,523 | -€26,634 | -82.8% |
| Total equity and liabilities | 10/49 | €812,053 | €1,261,190 | +€449,137 | +55.3% |
| Equity | 10/15 | €129,516 | €126,424 | -€3,092 | -2.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €71,549 | €69,110 | -€2,439 | -3.4% |
| Tax-exempt reserves | 132 | €36,549 | €34,110 | -€2,439 | -6.7% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,375 | €38,722 | -€653 | -1.7% |
| Provisions and deferred taxes | 16 | €18,820 | €17,564 | -€1,256 | -6.7% |
| Deferred taxes | 168 | €18,820 | €17,564 | -€1,256 | -6.7% |
| Amounts payable | 17/49 | €663,716 | €1,117,201 | +€453,485 | +68.3% |
| Amounts payable after more than one year | 17 | €124,193 | €439,226 | +€315,033 | +254% |
| Financial debts | 170/4 | €124,193 | €439,226 | +€315,033 | +254% |
| Amounts payable within one year | 42/48 | €537,685 | €677,975 | +€140,291 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €12,866 | €25,757 | +€12,891 | +100% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €1,251 | €0 | -€1,251 | -100% |
| Taxes | 450/3 | €1,251 | €0 | -€1,251 | -100% |
| Other amounts payable | 47/48 | €523,567 | €652,219 | +€128,651 | +24.6% |
| Accrued charges and deferred income | 492/3 | €1,839 | €0 | -€1,839 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,801 | €58,093 | +€22,292 | +62.3% |
| Other operating charges | 640/8 | €7,145 | €8,281 | +€1,136 | +15.9% |
| Gross operating margin | 9900 | €58,528 | €73,965 | +€15,438 | +26.4% |
| Operating profit (loss) | 9901 | €15,582 | €7,591 | -€7,991 | -51.3% |
| Financial income | 75/76B | €700 | - | -€700 | |
| Recurring financial income | 75 | €700 | - | -€700 | |
| Financial charges | 65/66B | €2,596 | €11,940 | +€9,344 | +360% |
| Recurring financial charges | 65 | €2,596 | €11,940 | +€9,344 | +360% |
| Profit (loss) for the period before taxes | 9903 | €13,687 | -€4,348 | -€18,035 | |
| Transfer from deferred taxes | 780 | €3,695 | €3,695 | = | 0.0% |
| Income taxes | 67/77 | €5,751 | -€0 | -€5,752 | |
| Profit (loss) for the period | 9904 | €11,631 | -€653 | -€12,283 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,631 | -€653 | -€12,283 |
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 13 October 2026 via checked.be.