SOMARAS: 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.
SOMARAS
Largest movements
- Tangible fixed assets +€514,865
up €514,865 (+876%), from €58,775 to €573,640
of which Plant, machinery and equipment: +€271,781
- Intangible fixed assets -€79,397
no longer reported in 2025 (was €79,397)
- Stocks and contracts +€36,880
up €36,880 (+175%), from €21,049 to €57,929
- Receivables within one year -€9,817
down €9,817 (-4.2%), from €232,271 to €222,454
of which Trade receivables: -€10,143
- Other debts +€447,151
up €447,151 (+720%), from €62,081 to €509,231
- Profit (loss) carried forward -€168,613
down €168,613 (-12,219%), from -€1,380 to -€169,993
- Trade debts +€161,448
up €161,448 (+58.2%), from €277,328 to €438,776
- Tax, wage and social debts +€22,545
up €22,545 (+61.0%), from €36,963 to €59,508
of which Remuneration and social security: +€21,417
- Gross operating margin +€50,434
up €50,434 (+33.3%), from €151,380 to €201,814
- Staff costs +€41,789
up €41,789 (+19.9%), from €210,329 to €252,118
- Financial income -€6,533
no longer reported in 2025 (was €6,533)
- Financial charges +€4,964
up €4,964 (+556%), from €893 to €5,856
- Depreciation +€3,758
up €3,758 (+14.7%), from €25,600 to €29,358
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €391,492 | €854,023 | +€462,531 | +118% |
| Fixed assets | 21/28 | €138,172 | €573,640 | +€435,468 | +315% |
| Intangible fixed assets | 21 | €79,397 | - | -€79,397 | |
| Tangible fixed assets | 22/27 | €58,775 | €573,640 | +€514,865 | +876% |
| Plant, machinery and equipment | 23 | €43,947 | €315,728 | +€271,781 | +618% |
| Furniture and vehicles | 24 | €122 | - | -€122 | |
| Other tangible fixed assets | 26 | €14,706 | €257,912 | +€243,206 | +1,654% |
| Current assets | 29/58 | €253,320 | €280,383 | +€27,063 | +10.7% |
| Stocks and contracts in progress | 3 | €21,049 | €57,929 | +€36,880 | +175% |
| Stocks | 30/36 | €21,049 | €57,929 | +€36,880 | +175% |
| Amounts receivable within one year | 40/41 | €232,271 | €222,454 | -€9,817 | -4.2% |
| Trade receivables | 40 | €232,154 | €222,011 | -€10,143 | -4.4% |
| Other amounts receivable | 41 | €117 | €443 | +€326 | +279% |
| Total equity and liabilities | 10/49 | €391,492 | €854,023 | +€462,531 | +118% |
| Equity | 10/15 | €15,120 | -€153,493 | -€168,613 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,380 | -€169,993 | -€168,613 | -12,219% |
| Amounts payable | 17/49 | €376,372 | €1,007,516 | +€631,144 | +168% |
| Amounts payable within one year | 42/48 | €376,372 | €1,007,516 | +€631,144 | +168% |
| Trade debts | 44 | €277,328 | €438,776 | +€161,448 | +58.2% |
| Suppliers | 440/4 | €277,328 | €438,776 | +€161,448 | +58.2% |
| Taxes, remuneration and social security | 45 | €36,963 | €59,508 | +€22,545 | +61.0% |
| Taxes | 450/3 | €12,584 | €13,712 | +€1,128 | +9.0% |
| Remuneration and social security | 454/9 | €24,379 | €45,797 | +€21,417 | +87.9% |
| Other amounts payable | 47/48 | €62,081 | €509,231 | +€447,151 | +720% |
| Remuneration, social security and pensions | 62 | €210,329 | €252,118 | +€41,789 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,600 | €29,358 | +€3,758 | +14.7% |
| Other operating charges | 640/8 | €141 | €472 | +€332 | +236% |
| Non-recurring operating charges | 66A | - | €82,432 | +€82,432 | |
| Gross operating margin | 9900 | €151,380 | €201,814 | +€50,434 | +33.3% |
| Operating profit (loss) | 9901 | -€84,689 | -€162,566 | -€77,877 | -92.0% |
| Financial income | 75/76B | €6,533 | - | -€6,533 | |
| Recurring financial income | 75 | €6,533 | - | -€6,533 | |
| Financial charges | 65/66B | €893 | €5,856 | +€4,964 | +556% |
| Recurring financial charges | 65 | €893 | €5,856 | +€4,964 | +556% |
| Profit (loss) for the period before taxes | 9903 | -€79,049 | -€168,422 | -€89,373 | -113% |
| Income taxes | 67/77 | €83 | €191 | +€108 | +129% |
| Profit (loss) for the period | 9904 | -€79,132 | -€168,613 | -€89,481 | -113% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,132 | -€168,613 | -€89,481 | -113% |
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 15 October 2026 via checked.be.