SoMaxvet: 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.
SoMaxvet
Largest movements
- Cash -€18,914
down €18,914 (-34.9%), from €54,163 to €35,249
mainly Investment in fixed assets (net) (-€19,682) and Tax, wage and social debts (-€7,789)
- Receivables within one year +€7,615
up €7,615 (+503%), from €1,514 to €9,129
of which Other amounts receivable: +€9,129
- Tangible fixed assets +€7,437
up €7,437 (+23.5%), from €31,649 to €39,087
- Other debts +€21,913
up €21,913 (+597%), from €3,669 to €25,581
- Tax, wage and social debts -€7,789
down €7,789 (-77.2%), from €10,085 to €2,296
of which Taxes: -€5,289
- Debts after one year -€7,260
down €7,260 (-27.1%), from €26,806 to €19,546
- Trade debts -€6,595
down €6,595 (-58.7%), from €11,244 to €4,649
- Profit (loss) carried forward -€4,430
down €4,430 (-18.7%), from €23,751 to €19,322
- Gross operating margin -€28,855
down €28,855 (-69.8%), from €41,313 to €12,458
- Taxes -€8,753
down €8,753 (-84.7%), from €10,341 to €1,587
- Depreciation +€6,995
up €6,995 (+133%), from €5,251 to €12,245
- Other operating charges +€599
up €599 (+56.2%), from €1,067 to €1,666
- Financial charges +€486
up €486 (+53.8%), from €904 to €1,390
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
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 | €87,516 | €83,654 | -€3,862 | -4.4% |
| Fixed assets | 21/28 | €31,839 | €39,276 | +€7,437 | +23.4% |
| Tangible fixed assets | 22/27 | €31,649 | €39,087 | +€7,437 | +23.5% |
| Furniture and vehicles | 24 | €31,649 | €39,087 | +€7,437 | +23.5% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €55,677 | €44,378 | -€11,299 | -20.3% |
| Amounts receivable within one year | 40/41 | €1,514 | €9,129 | +€7,615 | +503% |
| Trade receivables | 40 | €1,514 | €0 | -€1,514 | -100% |
| Other amounts receivable | 41 | €0 | €9,129 | +€9,129 | |
| Cash at bank and in hand | 54/58 | €54,163 | €35,249 | -€18,914 | -34.9% |
| Total equity and liabilities | 10/49 | €87,516 | €83,654 | -€3,862 | -4.4% |
| Equity | 10/15 | €28,751 | €24,322 | -€4,430 | -15.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,751 | €19,322 | -€4,430 | -18.7% |
| Amounts payable | 17/49 | €58,765 | €59,333 | +€568 | +1.0% |
| Amounts payable after more than one year | 17 | €26,806 | €19,546 | -€7,260 | -27.1% |
| Financial debts | 170/4 | €26,806 | €19,546 | -€7,260 | -27.1% |
| Amounts payable within one year | 42/48 | €31,958 | €39,787 | +€7,828 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €6,961 | €7,260 | +€299 | +4.3% |
| Trade debts | 44 | €11,244 | €4,649 | -€6,595 | -58.7% |
| Suppliers | 440/4 | €11,244 | €4,649 | -€6,595 | -58.7% |
| Taxes, remuneration and social security | 45 | €10,085 | €2,296 | -€7,789 | -77.2% |
| Taxes | 450/3 | €7,585 | €2,296 | -€5,289 | -69.7% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts payable | 47/48 | €3,669 | €25,581 | +€21,913 | +597% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,251 | €12,245 | +€6,995 | +133% |
| Other operating charges | 640/8 | €1,067 | €1,666 | +€599 | +56.2% |
| Gross operating margin | 9900 | €41,313 | €12,458 | -€28,855 | -69.8% |
| Operating profit (loss) | 9901 | €34,996 | -€1,453 | -€36,449 | |
| Financial charges | 65/66B | €904 | €1,390 | +€486 | +53.8% |
| Recurring financial charges | 65 | €904 | €1,390 | +€486 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €34,092 | -€2,842 | -€36,934 | |
| Income taxes | 67/77 | €10,341 | €1,587 | -€8,753 | -84.7% |
| Profit (loss) for the period | 9904 | €23,751 | -€4,430 | -€28,181 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,751 | -€4,430 | -€28,181 |
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 23 October 2026 via checked.be.