SOMASIGN: 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.
SOMASIGN
Largest movements
- Stocks and contracts -€123,728
down €123,728 (-32.8%), from €377,674 to €253,946
- Receivables within one year -€84,917
down €84,917 (-17.4%), from €488,024 to €403,107
of which Trade receivables: -€66,099
- Tangible fixed assets -€64,215
down €64,215 (-45.8%), from €140,357 to €76,141
of which Leasing and similar rights: -€46,234
- Cash -€39,595
down €39,595 (-66.3%), from €59,737 to €20,142
mainly Debts after one year (-€292,713) and Trade debts (-€40,333)
- Debts after one year -€292,713
down €292,713 (-13.1%), from €2.2m to €1.9m
of which Financial debts: -€292,713
- Other debts +€43,200
up €43,200 (+36.6%), from €118,071 to €161,272
- Trade debts -€40,333
down €40,333 (-12.6%), from €320,883 to €280,550
- Profit (loss) carried forward +€39,046
up €39,046 (+9.9%), from €395,252 to €434,299
- Financial income +€99,982
up €99,982 (+2190.9%), from €4,564 to €104,545
- Staff costs +€60,644
up €60,644 (+14.9%), from €405,664 to €466,308
- Gross operating margin +€48,347
up €48,347 (+8.7%), from €555,883 to €604,230
- Financial charges +€24,434
up €24,434 (+34.5%), from €70,825 to €95,259
- Write-downs +€18,712
up €18,712, from -€2,680 to €16,033
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 | €3,822,139 | €3,533,244 | -€288,895 | -7.6% |
| Fixed assets | 21/28 | €2,887,379 | €2,823,163 | -€64,215 | -2.2% |
| Tangible fixed assets | 22/27 | €140,357 | €76,141 | -€64,215 | -45.8% |
| Plant, machinery and equipment | 23 | €24,634 | €17,512 | -€7,122 | -28.9% |
| Furniture and vehicles | 24 | €25,019 | €14,160 | -€10,859 | -43.4% |
| Leasing and similar rights | 25 | €90,704 | €44,469 | -€46,234 | -51.0% |
| Financial fixed assets | 28 | €2,747,022 | €2,747,022 | = | 0.0% |
| Current assets | 29/58 | €934,761 | €710,081 | -€224,680 | -24.0% |
| Stocks and contracts in progress | 3 | €377,674 | €253,946 | -€123,728 | -32.8% |
| Stocks | 30/36 | €377,674 | €253,946 | -€123,728 | -32.8% |
| Amounts receivable within one year | 40/41 | €488,024 | €403,107 | -€84,917 | -17.4% |
| Trade receivables | 40 | €399,859 | €333,760 | -€66,099 | -16.5% |
| Other amounts receivable | 41 | €88,165 | €69,348 | -€18,818 | -21.3% |
| Cash at bank and in hand | 54/58 | €59,737 | €20,142 | -€39,595 | -66.3% |
| Deferred charges and accrued income | 490/1 | €9,326 | €32,885 | +€23,560 | +252.6% |
| Total equity and liabilities | 10/49 | €3,822,139 | €3,533,244 | -€288,895 | -7.6% |
| Equity | 10/15 | €597,052 | €636,072 | +€39,020 | +6.5% |
| Contributions | 10/11 | €189,156 | €189,156 | = | 0.0% |
| Capital | 10 | €189,156 | €189,156 | = | 0.0% |
| Issued capital | 100 | €189,156 | €189,156 | = | 0.0% |
| Reserves | 13 | €12,557 | €12,557 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,557 | €12,557 | = | 0.0% |
| Legal reserve | 130 | €12,557 | €12,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | €395,252 | €434,299 | +€39,046 | +9.9% |
| Investment grants | 15 | €87 | €60 | -€27 | -30.8% |
| Amounts payable | 17/49 | €3,225,087 | €2,897,173 | -€327,915 | -10.2% |
| Amounts payable after more than one year | 17 | €2,231,814 | €1,939,101 | -€292,713 | -13.1% |
| Financial debts | 170/4 | €1,308,814 | €1,016,101 | -€292,713 | -22.4% |
| Other amounts payable | 178/9 | €923,000 | €923,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €989,390 | €955,391 | -€33,999 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €183,498 | €176,457 | -€7,041 | -3.8% |
| Financial debts | 43 | €330,885 | €321,437 | -€9,448 | -2.9% |
| Credit institutions | 430/8 | €330,885 | €321,437 | -€9,448 | -2.9% |
| Trade debts | 44 | €320,883 | €280,550 | -€40,333 | -12.6% |
| Suppliers | 440/4 | €320,883 | €280,550 | -€40,333 | -12.6% |
| Taxes, remuneration and social security | 45 | €36,053 | €15,676 | -€20,377 | -56.5% |
| Taxes | 450/3 | €6,337 | €1,749 | -€4,588 | -72.4% |
| Remuneration and social security | 454/9 | €29,716 | €13,927 | -€15,789 | -53.1% |
| Other amounts payable | 47/48 | €118,071 | €161,272 | +€43,200 | +36.6% |
| Accrued charges and deferred income | 492/3 | €3,884 | €2,680 | -€1,203 | -31.0% |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,112 | €22,929 | +€21,817 | +1961.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €405,664 | €466,308 | +€60,644 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,919 | €40,315 | -€3,605 | -8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,680 | €16,033 | +€18,712 | |
| Other operating charges | 640/8 | €20,330 | €15,734 | -€4,595 | -22.6% |
| Non-recurring operating charges | 66A | €781 | €21,954 | +€21,173 | +2710.3% |
| Gross operating margin | 9900 | €555,883 | €604,230 | +€48,347 | +8.7% |
| Operating profit (loss) | 9901 | €87,869 | €43,886 | -€43,983 | -50.1% |
| Financial income | 75/76B | €4,564 | €104,545 | +€99,982 | +2190.9% |
| Recurring financial income | 75 | €4,564 | €104,545 | +€99,982 | +2190.9% |
| Financial charges | 65/66B | €70,825 | €95,259 | +€24,434 | +34.5% |
| Recurring financial charges | 65 | €70,825 | €95,259 | +€24,434 | +34.5% |
| Profit (loss) for the period before taxes | 9903 | €21,607 | €53,173 | +€31,565 | +146.1% |
| Income taxes | 67/77 | €5,600 | €14,126 | +€8,526 | +152.2% |
| Profit (loss) for the period | 9904 | €16,007 | €39,046 | +€23,039 | +143.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,007 | €39,046 | +€23,039 | +143.9% |
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.