SOMAXX: 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.
SOMAXX
Largest movements
- Receivables within one year +€374,769
up €374,769 (+124.5%), from €301,102 to €675,871
of which Trade receivables: +€543,796
- Tangible fixed assets -€38,206
down €38,206 (-23.3%), from €163,799 to €125,593
of which Furniture and vehicles: -€23,251
- Trade debts +€350,921
up €350,921 (+1799.4%), from €19,502 to €370,423
- Debts after one year -€68,080
down €68,080 (-47.8%), from €142,519 to €74,439
of which Other amounts payable: -€50,434
- Reserves +€31,864
up €31,864 (+42.3%), from €75,332 to €107,196
of which Distributable reserves: +€31,864
- Tax, wage and social debts +€22,615
up €22,615 (+202.6%), from €11,162 to €33,777
- Gross operating margin +€97,492
up €97,492 (+58.7%), from €166,125 to €263,616
- Depreciation -€27,621
down €27,621 (-39.9%), from €69,174 to €41,553
- Taxes +€8,492
up €8,492 (+129.4%), from €6,561 to €15,053
- Financial charges -€5,726
down €5,726 (-40.1%), from €14,273 to €8,547
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 | €500,494 | €840,741 | +€340,247 | +68.0% |
| Fixed assets | 21/28 | €163,799 | €125,593 | -€38,206 | -23.3% |
| Tangible fixed assets | 22/27 | €163,799 | €125,593 | -€38,206 | -23.3% |
| Land and buildings | 22 | €63,617 | €48,662 | -€14,955 | -23.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €100,182 | €76,932 | -€23,251 | -23.2% |
| Current assets | 29/58 | €336,695 | €715,148 | +€378,453 | +112.4% |
| Amounts receivable within one year | 40/41 | €301,102 | €675,871 | +€374,769 | +124.5% |
| Trade receivables | 40 | €25,780 | €569,576 | +€543,796 | +2109.4% |
| Other amounts receivable | 41 | €275,322 | €106,295 | -€169,027 | -61.4% |
| Cash at bank and in hand | 54/58 | €34,122 | €38,020 | +€3,898 | +11.4% |
| Deferred charges and accrued income | 490/1 | €1,471 | €1,257 | -€214 | -14.6% |
| Total equity and liabilities | 10/49 | €500,494 | €840,741 | +€340,247 | +68.0% |
| Equity | 10/15 | €137,332 | €169,196 | +€31,864 | +23.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €75,332 | €107,196 | +€31,864 | +42.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €69,132 | €100,996 | +€31,864 | +46.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €363,162 | €671,545 | +€308,383 | +84.9% |
| Amounts payable after more than one year | 17 | €142,519 | €74,439 | -€68,080 | -47.8% |
| Financial debts | 170/4 | €64,944 | €47,298 | -€17,646 | -27.2% |
| Other amounts payable | 178/9 | €77,574 | €27,141 | -€50,434 | -65.0% |
| Amounts payable within one year | 42/48 | €220,644 | €597,107 | +€376,463 | +170.6% |
| Current portion of amounts payable after more than one year | 42 | €16,979 | €17,646 | +€667 | +3.9% |
| Financial debts | 43 | €0 | €261 | +€261 | |
| Credit institutions | 430/8 | €0 | €261 | +€261 | |
| Trade debts | 44 | €19,502 | €370,423 | +€350,921 | +1799.4% |
| Suppliers | 440/4 | €19,502 | €370,423 | +€350,921 | +1799.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,162 | €33,777 | +€22,615 | +202.6% |
| Taxes | 450/3 | €11,162 | €33,777 | +€22,615 | +202.6% |
| Other amounts payable | 47/48 | €173,000 | €175,000 | +€2,000 | +1.2% |
| Non-recurring operating income | 76A | €390 | €0 | -€390 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,174 | €41,553 | -€27,621 | -39.9% |
| Other operating charges | 640/8 | €1,819 | €1,530 | -€289 | -15.9% |
| Non-recurring operating charges | 66A | €20,023 | €0 | -€20,023 | -100.0% |
| Gross operating margin | 9900 | €166,125 | €263,616 | +€97,492 | +58.7% |
| Operating profit (loss) | 9901 | €75,109 | €220,533 | +€145,424 | +193.6% |
| Financial income | 75/76B | €10,219 | €9,930 | -€289 | -2.8% |
| Recurring financial income | 75 | €10,219 | €9,930 | -€289 | -2.8% |
| Financial charges | 65/66B | €14,273 | €8,547 | -€5,726 | -40.1% |
| Recurring financial charges | 65 | €14,273 | €8,547 | -€5,726 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €71,055 | €221,917 | +€150,862 | +212.3% |
| Income taxes | 67/77 | €6,561 | €15,053 | +€8,492 | +129.4% |
| Profit (loss) for the period | 9904 | €64,494 | €206,864 | +€142,370 | +220.7% |
| Profit (loss) for the period to be appropriated | 9905 | €64,494 | €206,864 | +€142,370 | +220.7% |
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 10 October 2026 via checked.be.