SOMED: 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.
SOMED
Largest movements
- Receivables within one year +€25,195
up €25,195 (+13.0%), from €193,403 to €218,599
of which Other amounts receivable: +€27,935
- Tangible fixed assets -€10,953
down €10,953 (-38.6%), from €28,379 to €17,426
- Cash +€3,207
up €3,207 (+90.9%), from €3,526 to €6,733
mainly Net result for the year (+€32,444) and Other debts (+€12,852)
- Other debts +€12,852
up €12,852 (+122%), from €10,574 to €23,427
- Debts after one year -€9,383
no longer reported in 2025 (was €9,383)
- Reserves +€9,017
up €9,017 (+9.3%), from €96,879 to €105,896
of which Distributable reserves: +€9,017
- Tax, wage and social debts +€5,659
up €5,659 (+54.9%), from €10,300 to €15,959
- Gross operating margin -€18,968
down €18,968 (-28.4%), from €66,674 to €47,706
- Taxes -€4,048
down €4,048 (-22.9%), from €17,707 to €13,659
- Financial income +€1,269
up €1,269 (+13.7%), from €9,292 to €10,561
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 | €226,249 | €243,292 | +€17,044 | +7.5% |
| Fixed assets | 21/28 | €28,379 | €17,491 | -€10,888 | -38.4% |
| Tangible fixed assets | 22/27 | €28,379 | €17,426 | -€10,953 | -38.6% |
| Furniture and vehicles | 24 | €28,379 | €17,426 | -€10,953 | -38.6% |
| Financial fixed assets | 28 | - | €65 | +€65 | |
| Current assets | 29/58 | €197,870 | €225,802 | +€27,932 | +14.1% |
| Amounts receivable within one year | 40/41 | €193,403 | €218,599 | +€25,195 | +13.0% |
| Trade receivables | 40 | €9,817 | €7,078 | -€2,739 | -27.9% |
| Other amounts receivable | 41 | €183,586 | €211,521 | +€27,935 | +15.2% |
| Cash at bank and in hand | 54/58 | €3,526 | €6,733 | +€3,207 | +90.9% |
| Deferred charges and accrued income | 490/1 | €940 | €470 | -€470 | -50.0% |
| Total equity and liabilities | 10/49 | €226,249 | €243,292 | +€17,044 | +7.5% |
| Equity | 10/15 | €176,918 | €185,935 | +€9,017 | +5.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €96,879 | €105,896 | +€9,017 | +9.3% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €95,024 | €104,041 | +€9,017 | +9.5% |
| Profit (loss) carried forward | 14 | €61,489 | €61,489 | = | 0.0% |
| Amounts payable | 17/49 | €49,331 | €57,357 | +€8,027 | +16.3% |
| Amounts payable after more than one year | 17 | €9,383 | - | -€9,383 | |
| Financial debts | 170/4 | €9,383 | - | -€9,383 | |
| Amounts payable within one year | 42/48 | €39,948 | €57,357 | +€17,410 | +43.6% |
| Current portion of amounts payable after more than one year | 42 | €11,202 | €9,383 | -€1,819 | -16.2% |
| Financial debts | 43 | €5,000 | €6,762 | +€1,762 | +35.2% |
| Credit institutions | 430/8 | €5,000 | €6,762 | +€1,762 | +35.2% |
| Trade debts | 44 | €2,872 | €1,827 | -€1,045 | -36.4% |
| Suppliers | 440/4 | €2,872 | €1,827 | -€1,045 | -36.4% |
| Taxes, remuneration and social security | 45 | €10,300 | €15,959 | +€5,659 | +54.9% |
| Taxes | 450/3 | €10,300 | €15,959 | +€5,659 | +54.9% |
| Other amounts payable | 47/48 | €10,574 | €23,427 | +€12,852 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,953 | €10,953 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €420 | +€33 | +8.4% |
| Gross operating margin | 9900 | €66,674 | €47,706 | -€18,968 | -28.4% |
| Operating profit (loss) | 9901 | €55,334 | €36,334 | -€19,001 | -34.3% |
| Financial income | 75/76B | €9,292 | €10,561 | +€1,269 | +13.7% |
| Recurring financial income | 75 | €9,292 | €10,561 | +€1,269 | +13.7% |
| Financial charges | 65/66B | €667 | €791 | +€124 | +18.7% |
| Recurring financial charges | 65 | €667 | €791 | +€124 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €63,959 | €46,103 | -€17,856 | -27.9% |
| Income taxes | 67/77 | €17,707 | €13,659 | -€4,048 | -22.9% |
| Profit (loss) for the period | 9904 | €46,252 | €32,444 | -€13,808 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,252 | €32,444 | -€13,808 | -29.9% |
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 20 October 2026 via checked.be.