SOMAVA: 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.
SOMAVA
Largest movements
- Financial fixed assets +€1.9m
up €1.9m (+9181.0%), from €21,120 to €2.0m
- Stocks and contracts -€1.8m
down €1.8m (-33.0%), from €5.4m to €3.6m
- Receivables within one year -€813,521
down €813,521 (-55.1%), from €1.5m to €663,198
of which Other amounts receivable: -€1.2m
- Cash +€477,521
up €477,521 (+2050.8%), from €23,285 to €500,806
mainly Other debts (+€2.1m) and Stocks and contracts (+€1.8m)
- Deferred charges and accrued income +€233,863
up €233,863 (+33274.0%), from €703 to €234,566
- Short-term financial debts -€2.8m
down €2.8m (-63.0%), from €4.4m to €1.6m
of which Credit institutions: -€2.0m
- Other debts +€2.1m
up €2.1m (+132.9%), from €1.6m to €3.7m
- Profit (loss) carried forward +€460,026
up €460,026 (+60.8%), from €756,371 to €1.2m
- Tax, wage and social debts +€157,310
up €157,310 (+59.5%), from €264,566 to €421,876
- Gross operating margin -€310,690
down €310,690 (-32.0%), from €969,463 to €658,773
- Taxes -€82,472
down €82,472 (-33.0%), from €249,932 to €167,461
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 | €7,469,272 | €7,489,713 | +€20,441 | +0.3% |
| Fixed assets | 21/28 | €523,214 | €2,443,740 | +€1.9m | +367.1% |
| Tangible fixed assets | 22/27 | €502,093 | €483,568 | -€18,525 | -3.7% |
| Land and buildings | 22 | €502,093 | €483,568 | -€18,525 | -3.7% |
| Financial fixed assets | 28 | €21,120 | €1,960,172 | +€1.9m | +9181.0% |
| Current assets | 29/58 | €6,946,058 | €5,045,972 | -€1.9m | -27.4% |
| Stocks and contracts in progress | 3 | €5,445,351 | €3,647,402 | -€1.8m | -33.0% |
| Stocks | 30/36 | €5,445,351 | €3,647,402 | -€1.8m | -33.0% |
| Amounts receivable within one year | 40/41 | €1,476,719 | €663,198 | -€813,521 | -55.1% |
| Trade receivables | 40 | €31,508 | €406,479 | +€374,970 | +1190.1% |
| Other amounts receivable | 41 | €1,445,211 | €256,720 | -€1.2m | -82.2% |
| Cash at bank and in hand | 54/58 | €23,285 | €500,806 | +€477,521 | +2050.8% |
| Deferred charges and accrued income | 490/1 | €703 | €234,566 | +€233,863 | +33274.0% |
| Total equity and liabilities | 10/49 | €7,469,272 | €7,489,713 | +€20,441 | +0.3% |
| Equity | 10/15 | €825,671 | €1,285,697 | +€460,026 | +55.7% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €6,300 | €6,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €756,371 | €1,216,397 | +€460,026 | +60.8% |
| Amounts payable | 17/49 | €6,643,601 | €6,204,016 | -€439,585 | -6.6% |
| Amounts payable after more than one year | 17 | €244,083 | €312,169 | +€68,086 | +27.9% |
| Financial debts | 170/4 | €244,083 | €312,169 | +€68,086 | +27.9% |
| Amounts payable within one year | 42/48 | €6,399,433 | €5,888,787 | -€510,646 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €56,800 | €70,590 | +€13,789 | +24.3% |
| Financial debts | 43 | €4,437,712 | €1,643,225 | -€2.8m | -63.0% |
| Credit institutions | 430/8 | €3,116,147 | €1,084,169 | -€2.0m | -65.2% |
| Other loans | 439 | €1,321,565 | €559,056 | -€762,510 | -57.7% |
| Trade debts | 44 | €68,788 | €92,343 | +€23,556 | +34.2% |
| Suppliers | 440/4 | €68,788 | €92,343 | +€23,556 | +34.2% |
| Taxes, remuneration and social security | 45 | €264,566 | €421,876 | +€157,310 | +59.5% |
| Taxes | 450/3 | €264,566 | €421,876 | +€157,310 | +59.5% |
| Other amounts payable | 47/48 | €1,571,567 | €3,660,753 | +€2.1m | +132.9% |
| Accrued charges and deferred income | 492/3 | €85 | €3,060 | +€2,975 | +3495.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,783 | €18,525 | +€4,741 | +34.4% |
| Other operating charges | 640/8 | €16,185 | €10,497 | -€5,689 | -35.1% |
| Gross operating margin | 9900 | €969,463 | €658,773 | -€310,690 | -32.0% |
| Operating profit (loss) | 9901 | €939,494 | €629,751 | -€309,743 | -33.0% |
| Financial charges | 65/66B | €5,859 | €2,264 | -€3,594 | -61.3% |
| Recurring financial charges | 65 | €5,859 | €2,264 | -€3,594 | -61.3% |
| Profit (loss) for the period before taxes | 9903 | €933,635 | €627,487 | -€306,149 | -32.8% |
| Income taxes | 67/77 | €249,932 | €167,461 | -€82,472 | -33.0% |
| Profit (loss) for the period | 9904 | €683,703 | €460,026 | -€223,677 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €683,703 | €460,026 | -€223,677 | -32.7% |
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 12 October 2026 via checked.be.