SOMEDIC: 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.
SOMEDIC
Largest movements
- Cash +€91,765
up €91,765 (+56.9%), from €161,156 to €252,921
mainly Net result for the year (+€114,277) and Depreciation (+€11,955)
- Receivables within one year +€28,191
up €28,191 (+54.4%), from €51,865 to €80,056
- Tangible fixed assets -€6,409
down €6,409 (-42.6%), from €15,060 to €8,650
of which Furniture and vehicles: -€3,335
- Reserves +€114,277
up €114,277 (+75.2%), from €152,018 to €266,294
- Tax, wage and social debts -€8,338
down €8,338 (-68.5%), from €12,179 to €3,841
of which Remuneration and social security: -€6,526
- Accrued charges and deferred income +€7,365
up €7,365 (+158.9%), from €4,635 to €12,000
- Current portion of long-term debt -€4,634
down €4,634 (-83.2%), from €5,566 to €932
- Gross operating margin +€52,569
up €52,569 (+30.4%), from €172,748 to €225,317
- Taxes +€16,303
up €16,303 (+51.2%), from €31,812 to €48,115
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,526 | €354,341 | +€112,814 | +46.7% |
| Fixed assets | 21/28 | €20,611 | €13,650 | -€6,961 | -33.8% |
| Intangible fixed assets | 21 | €551 | - | -€551 | |
| Tangible fixed assets | 22/27 | €15,060 | €8,650 | -€6,409 | -42.6% |
| Plant, machinery and equipment | 23 | €2,161 | €1,340 | -€821 | -38.0% |
| Furniture and vehicles | 24 | €10,646 | €7,310 | -€3,335 | -31.3% |
| Other tangible fixed assets | 26 | €2,253 | - | -€2,253 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €220,915 | €340,691 | +€119,775 | +54.2% |
| Amounts receivable within one year | 40/41 | €51,865 | €80,056 | +€28,191 | +54.4% |
| Other amounts receivable | 41 | €51,865 | €80,056 | +€28,191 | +54.4% |
| Current investments | 50/53 | €2,266 | €2,266 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €161,156 | €252,921 | +€91,765 | +56.9% |
| Deferred charges and accrued income | 490/1 | €5,628 | €5,447 | -€181 | -3.2% |
| Total equity and liabilities | 10/49 | €241,526 | €354,341 | +€112,814 | +46.7% |
| Equity | 10/15 | €213,118 | €327,394 | +€114,277 | +53.6% |
| Contributions | 10/11 | €61,100 | €61,100 | = | 0.0% |
| Reserves | 13 | €152,018 | €266,294 | +€114,277 | +75.2% |
| Distributable reserves | 133 | €152,018 | €266,294 | +€114,277 | +75.2% |
| Amounts payable | 17/49 | €28,409 | €26,947 | -€1,462 | -5.1% |
| Amounts payable after more than one year | 17 | €932 | - | -€932 | |
| Financial debts | 170/4 | €932 | - | -€932 | |
| Amounts payable within one year | 42/48 | €22,841 | €14,947 | -€7,895 | -34.6% |
| Current portion of amounts payable after more than one year | 42 | €5,566 | €932 | -€4,634 | -83.2% |
| Trade debts | 44 | €4,949 | €6,898 | +€1,949 | +39.4% |
| Suppliers | 440/4 | €4,949 | €6,898 | +€1,949 | +39.4% |
| Taxes, remuneration and social security | 45 | €12,179 | €3,841 | -€8,338 | -68.5% |
| Taxes | 450/3 | €1,812 | - | -€1,812 | |
| Remuneration and social security | 454/9 | €10,367 | €3,841 | -€6,526 | -63.0% |
| Other amounts payable | 47/48 | €147 | €3,276 | +€3,129 | +2133.1% |
| Accrued charges and deferred income | 492/3 | €4,635 | €12,000 | +€7,365 | +158.9% |
| Remuneration, social security and pensions | 62 | €50,163 | €49,458 | -€705 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,412 | €11,955 | +€543 | +4.8% |
| Other operating charges | 640/8 | €909 | €1,250 | +€341 | +37.5% |
| Gross operating margin | 9900 | €172,748 | €225,317 | +€52,569 | +30.4% |
| Operating profit (loss) | 9901 | €110,263 | €162,654 | +€52,391 | +47.5% |
| Financial income | 75/76B | €219 | €237 | +€18 | +8.2% |
| Recurring financial income | 75 | €219 | €237 | +€18 | +8.2% |
| Financial charges | 65/66B | €734 | €499 | -€235 | -32.1% |
| Recurring financial charges | 65 | €734 | €499 | -€235 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €109,748 | €162,392 | +€52,644 | +48.0% |
| Income taxes | 67/77 | €31,812 | €48,115 | +€16,303 | +51.2% |
| Profit (loss) for the period | 9904 | €77,936 | €114,277 | +€36,340 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,936 | €114,277 | +€36,340 | +46.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.