SOMATHLAM: 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.
SOMATHLAM
Largest movements
- Receivables within one year -€247,607
down €247,607 (-35.3%), from €701,425 to €453,818
of which Trade receivables: -€331,650
- Current investments +€200,000
new in 2025: €200,000
- Reserves +€625,389
up €625,389 (+9.0%), from €6.9m to €7.6m
- Other debts -€268,454
down €268,454 (-43.0%), from €624,320 to €355,866
- Trade debts -€247,880
down €247,880 (-95.0%), from €260,882 to €13,003
of which Bills of exchange payable: -€250,000
- Financial income +€251,915
new in 2025: €251,915
- Gross operating margin -€197,694
down €197,694 (-20.7%), from €955,944 to €758,250
- Staff costs +€47,908
up €47,908 (+39.2%), from €122,159 to €170,067
- Taxes -€38,669
down €38,669 (-22.8%), from €169,539 to €130,870
- Financial charges -€27,990
down €27,990 (-45.8%), from €61,072 to €33,082
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 | €18,265,754 | €18,338,101 | +€72,346 | +0.4% |
| Fixed assets | 21/28 | €17,367,039 | €17,333,939 | -€33,100 | -0.2% |
| Tangible fixed assets | 22/27 | €69,489 | €36,389 | -€33,100 | -47.6% |
| Furniture and vehicles | 24 | €3,492 | €11,482 | +€7,990 | +228.8% |
| Leasing and similar rights | 25 | €64,591 | €23,852 | -€40,739 | -63.1% |
| Other tangible fixed assets | 26 | €1,406 | €1,055 | -€352 | -25.0% |
| Financial fixed assets | 28 | €17,297,550 | €17,297,550 | = | 0.0% |
| Current assets | 29/58 | €898,715 | €1,004,162 | +€105,447 | +11.7% |
| Amounts receivable within one year | 40/41 | €701,425 | €453,818 | -€247,607 | -35.3% |
| Trade receivables | 40 | €605,000 | €273,351 | -€331,650 | -54.8% |
| Other amounts receivable | 41 | €96,425 | €180,468 | +€84,043 | +87.2% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €190,870 | €333,710 | +€142,840 | +74.8% |
| Deferred charges and accrued income | 490/1 | €6,420 | €16,634 | +€10,214 | +159.1% |
| Total equity and liabilities | 10/49 | €18,265,754 | €18,338,101 | +€72,346 | +0.4% |
| Equity | 10/15 | €17,014,231 | €17,639,620 | +€625,389 | +3.7% |
| Contributions | 10/11 | €10,070,410 | €10,070,410 | = | 0.0% |
| Reserves | 13 | €6,943,820 | €7,569,210 | +€625,389 | +9.0% |
| Distributable reserves | 133 | €6,943,820 | €7,569,210 | +€625,389 | +9.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,251,524 | €698,481 | -€553,043 | -44.2% |
| Amounts payable after more than one year | 17 | €242,544 | €221,500 | -€21,044 | -8.7% |
| Financial debts | 170/4 | €242,544 | €221,500 | -€21,044 | -8.7% |
| Amounts payable within one year | 42/48 | €1,008,980 | €476,981 | -€531,999 | -52.7% |
| Current portion of amounts payable after more than one year | 42 | €41,528 | €21,044 | -€20,484 | -49.3% |
| Trade debts | 44 | €260,882 | €13,003 | -€247,880 | -95.0% |
| Suppliers | 440/4 | €10,882 | €13,003 | +€2,120 | +19.5% |
| Bills of exchange payable | 441 | €250,000 | €0 | -€250,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €82,249 | €87,068 | +€4,819 | +5.9% |
| Taxes | 450/3 | €68,986 | €63,746 | -€5,241 | -7.6% |
| Remuneration and social security | 454/9 | €13,263 | €23,322 | +€10,059 | +75.8% |
| Other amounts payable | 47/48 | €624,320 | €355,866 | -€268,454 | -43.0% |
| Remuneration, social security and pensions | 62 | €122,159 | €170,067 | +€47,908 | +39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,999 | €44,731 | -€1,268 | -2.8% |
| Other operating charges | 640/8 | €6,416 | €6,026 | -€391 | -6.1% |
| Gross operating margin | 9900 | €955,944 | €758,250 | -€197,694 | -20.7% |
| Operating profit (loss) | 9901 | €781,370 | €537,426 | -€243,944 | -31.2% |
| Financial income | 75/76B | - | €251,915 | +€251,915 | |
| Recurring financial income | 75 | - | €251,915 | +€251,915 | |
| Financial charges | 65/66B | €61,072 | €33,082 | -€27,990 | -45.8% |
| Recurring financial charges | 65 | €61,072 | €33,082 | -€27,990 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €720,298 | €756,259 | +€35,961 | +5.0% |
| Income taxes | 67/77 | €169,539 | €130,870 | -€38,669 | -22.8% |
| Profit (loss) for the period | 9904 | €550,759 | €625,389 | +€74,630 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €550,759 | €625,389 | +€74,630 | +13.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.