SOMAR TRANS: 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 TRANS
Largest movements
- Receivables within one year +€237,365
up €237,365 (+20.5%), from €1.2m to €1.4m
of which Other amounts receivable: +€186,211
- Tangible fixed assets +€103,046
up €103,046 (+25.5%), from €403,663 to €506,709
- Cash +€24,881
up €24,881 (+55.8%), from €44,595 to €69,477
mainly Depreciation (+€447,540) and Trade debts (+€182,707)
- Trade debts +€182,707
up €182,707 (+66.3%), from €275,638 to €458,345
- Current portion of long-term debt +€146,095
up €146,095 (+72.8%), from €200,678 to €346,773
- Profit (loss) carried forward +€48,027
up €48,027 (+7.4%), from €646,270 to €694,298
- Depreciation +€193,094
up €193,094 (+75.9%), from €254,445 to €447,540
- Gross operating margin -€153,790
down €153,790 (-8.8%), from €1.8m to €1.6m
- Taxes -€123,013
down €123,013, from €110,000 to -€13,013
- Staff costs +€75,361
up €75,361 (+10.3%), from €730,057 to €805,417
- Financial income +€26,723
up €26,723 (+42.9%), from €62,247 to €88,971
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,617,919 | €1,983,481 | +€365,562 | +22.6% |
| Fixed assets | 21/28 | €414,418 | €517,734 | +€103,316 | +24.9% |
| Tangible fixed assets | 22/27 | €403,663 | €506,709 | +€103,046 | +25.5% |
| Leasing and similar rights | 25 | €403,663 | €506,709 | +€103,046 | +25.5% |
| Financial fixed assets | 28 | €10,755 | €11,025 | +€270 | +2.5% |
| Current assets | 29/58 | €1,203,501 | €1,465,747 | +€262,246 | +21.8% |
| Amounts receivable within one year | 40/41 | €1,158,905 | €1,396,270 | +€237,365 | +20.5% |
| Trade receivables | 40 | €276,941 | €328,095 | +€51,154 | +18.5% |
| Other amounts receivable | 41 | €881,964 | €1,068,175 | +€186,211 | +21.1% |
| Cash at bank and in hand | 54/58 | €44,595 | €69,477 | +€24,881 | +55.8% |
| Total equity and liabilities | 10/49 | €1,617,919 | €1,983,481 | +€365,562 | +22.6% |
| Equity | 10/15 | €666,730 | €694,298 | +€27,567 | +4.1% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €646,270 | €694,298 | +€48,027 | +7.4% |
| Amounts payable | 17/49 | €951,189 | €1,289,184 | +€337,995 | +35.5% |
| Amounts payable after more than one year | 17 | €116,140 | €122,345 | +€6,205 | +5.3% |
| Financial debts | 170/4 | €116,140 | €122,345 | +€6,205 | +5.3% |
| Amounts payable within one year | 42/48 | €835,048 | €1,166,839 | +€331,790 | +39.7% |
| Current portion of amounts payable after more than one year | 42 | €200,678 | €346,773 | +€146,095 | +72.8% |
| Trade debts | 44 | €275,638 | €458,345 | +€182,707 | +66.3% |
| Suppliers | 440/4 | €275,638 | €458,345 | +€182,707 | +66.3% |
| Taxes, remuneration and social security | 45 | €358,733 | €361,721 | +€2,988 | +0.8% |
| Taxes | 450/3 | €292,597 | €255,972 | -€36,626 | -12.5% |
| Remuneration and social security | 454/9 | €66,135 | €105,749 | +€39,614 | +59.9% |
| Remuneration, social security and pensions | 62 | €730,057 | €805,417 | +€75,361 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254,445 | €447,540 | +€193,094 | +75.9% |
| Other operating charges | 640/8 | €227,648 | €252,702 | +€25,054 | +11.0% |
| Non-recurring operating charges | 66A | €24,776 | €3,914 | -€20,861 | -84.2% |
| Gross operating margin | 9900 | €1,756,822 | €1,603,032 | -€153,790 | -8.8% |
| Operating profit (loss) | 9901 | €519,896 | €93,459 | -€426,438 | -82.0% |
| Financial income | 75/76B | €62,247 | €88,971 | +€26,723 | +42.9% |
| Recurring financial income | 75 | €62,247 | €88,971 | +€26,723 | +42.9% |
| Financial charges | 65/66B | €29,649 | €49,275 | +€19,626 | +66.2% |
| Recurring financial charges | 65 | €29,649 | €49,275 | +€19,626 | +66.2% |
| Profit (loss) for the period before taxes | 9903 | €552,495 | €133,155 | -€419,340 | -75.9% |
| Income taxes | 67/77 | €110,000 | -€13,013 | -€123,013 | |
| Profit (loss) for the period | 9904 | €442,495 | €146,167 | -€296,328 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €442,495 | €146,167 | -€296,328 | -67.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.