SOMAVAL: 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.
SOMAVAL
Largest movements
- Cash -€549,055
down €549,055 (-42.7%), from €1.3m to €738,022
mainly Debts after one year (-€650,000) and Investment in fixed assets (net) (-€155,901)
- Financial fixed assets +€150,000
up €150,000 (+5.4%), from €2.8m to €2.9m
- Receivables within one year +€111,281
up €111,281 (+46.7%), from €238,094 to €349,374
of which Trade receivables: +€132,637
- Debts after one year -€650,000
down €650,000 (-24.3%), from €2.7m to €2.0m
- Other debts +€233,038
up €233,038 (+191.9%), from €121,446 to €354,484
- Reserves +€114,229
up €114,229 (+16.5%), from €691,780 to €806,008
of which Distributable reserves: +€230,638
- Gross operating margin +€69,482
up €69,482 (+20.6%), from €336,784 to €406,266
- Financial income +€54,916
up €54,916 (+65.0%), from €84,528 to €139,444
of which Non-recurring financial income: +€60,000
- Financial charges -€27,089
down €27,089 (-15.1%), from €178,839 to €151,750
- Taxes +€25,959
up €25,959 (+46.7%), from €55,607 to €81,566
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 | €5,683,552 | €5,376,018 | -€307,534 | -5.4% |
| Fixed assets | 21/28 | €2,842,789 | €2,995,165 | +€152,376 | +5.4% |
| Intangible fixed assets | 21 | - | €2,070 | +€2,070 | |
| Tangible fixed assets | 22/27 | €78,087 | €78,393 | +€306 | +0.4% |
| Land and buildings | 22 | €75,000 | €75,000 | = | 0.0% |
| Furniture and vehicles | 24 | €3,087 | €3,393 | +€306 | +9.9% |
| Financial fixed assets | 28 | €2,764,702 | €2,914,702 | +€150,000 | +5.4% |
| Current assets | 29/58 | €2,840,763 | €2,380,852 | -€459,910 | -16.2% |
| Amounts receivable after more than one year | 29 | €1,315,000 | €1,270,063 | -€44,937 | -3.4% |
| Other amounts receivable | 291 | €1,315,000 | €1,270,063 | -€44,937 | -3.4% |
| Amounts receivable within one year | 40/41 | €238,094 | €349,374 | +€111,281 | +46.7% |
| Trade receivables | 40 | €216,638 | €349,275 | +€132,637 | +61.2% |
| Other amounts receivable | 41 | €21,455 | €100 | -€21,356 | -99.5% |
| Cash at bank and in hand | 54/58 | €1,287,077 | €738,022 | -€549,055 | -42.7% |
| Deferred charges and accrued income | 490/1 | €592 | €23,393 | +€22,801 | +3854.0% |
| Total equity and liabilities | 10/49 | €5,683,552 | €5,376,018 | -€307,534 | -5.4% |
| Equity | 10/15 | €2,795,221 | €2,906,008 | +€110,787 | +4.0% |
| Contributions | 10/11 | €2,100,000 | €2,100,000 | = | 0.0% |
| Capital | 10 | €2,100,000 | €2,100,000 | = | 0.0% |
| Issued capital | 100 | €2,100,000 | €2,100,000 | = | 0.0% |
| Reserves | 13 | €691,780 | €806,008 | +€114,229 | +16.5% |
| Non-distributable reserves | 130/1 | €432,286 | €315,876 | -€116,410 | -26.9% |
| Legal reserve | 130 | €26,865 | €40,037 | +€13,172 | +49.0% |
| Other | 1319 | €405,421 | €275,839 | -€129,582 | -32.0% |
| Distributable reserves | 133 | €259,494 | €490,132 | +€230,638 | +88.9% |
| Profit (loss) carried forward | 14 | €3,442 | - | -€3,442 | |
| Amounts payable | 17/49 | €2,888,331 | €2,470,010 | -€418,321 | -14.5% |
| Amounts payable after more than one year | 17 | €2,675,000 | €2,025,000 | -€650,000 | -24.3% |
| Other amounts payable | 178/9 | €2,675,000 | €2,025,000 | -€650,000 | -24.3% |
| Amounts payable within one year | 42/48 | €207,006 | €445,010 | +€238,003 | +115.0% |
| Trade debts | 44 | €43,070 | €24,336 | -€18,734 | -43.5% |
| Suppliers | 440/4 | €43,070 | €24,336 | -€18,734 | -43.5% |
| Taxes, remuneration and social security | 45 | €42,490 | €66,190 | +€23,700 | +55.8% |
| Taxes | 450/3 | €25,296 | €54,506 | +€29,210 | +115.5% |
| Remuneration and social security | 454/9 | €17,194 | €11,684 | -€5,510 | -32.0% |
| Other amounts payable | 47/48 | €121,446 | €354,484 | +€233,038 | +191.9% |
| Accrued charges and deferred income | 492/3 | €6,325 | - | -€6,325 | |
| Remuneration, social security and pensions | 62 | €66,836 | €65,302 | -€1,534 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,375 | €3,525 | +€1,150 | +48.4% |
| Other operating charges | 640/8 | €5,497 | €3,198 | -€2,299 | -41.8% |
| Gross operating margin | 9900 | €336,784 | €406,266 | +€69,482 | +20.6% |
| Operating profit (loss) | 9901 | €262,076 | €334,240 | +€72,164 | +27.5% |
| Financial income | 75/76B | €84,528 | €139,444 | +€54,916 | +65.0% |
| Recurring financial income | 75 | €84,528 | €79,444 | -€5,084 | -6.0% |
| Non-recurring financial income | 76B | - | €60,000 | +€60,000 | |
| Financial charges | 65/66B | €178,839 | €151,750 | -€27,089 | -15.1% |
| Recurring financial charges | 65 | €178,839 | €151,750 | -€27,089 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €167,765 | €321,935 | +€154,169 | +91.9% |
| Income taxes | 67/77 | €55,607 | €81,566 | +€25,959 | +46.7% |
| Profit (loss) for the period | 9904 | €112,158 | €240,368 | +€128,211 | +114.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,158 | €240,368 | +€128,211 | +114.3% |
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 4 October 2026 via checked.be.