SOMGO: 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.
SOMGO
Largest movements
- Receivables within one year +€17,244
up €17,244 (+470.4%), from €3,666 to €20,910
of which Trade receivables: +€17,585
- Stocks and contracts -€5,329
down €5,329 (-25.1%), from €21,213 to €15,884
- Cash +€2,572
up €2,572 (+45.0%), from €5,712 to €8,284
mainly Trade debts (+€16,412) and Other debts (+€7,857)
- Financial fixed assets +€2,250
new in 2025: €2,250
- Tangible fixed assets -€1,045
down €1,045 (-22.8%), from €4,593 to €3,548
- Trade debts +€16,412
up €16,412 (+119.2%), from €13,769 to €30,181
- Profit (loss) carried forward -€9,306
down €9,306 (-35.5%), from -€26,236 to -€35,542
- Other debts +€7,857
up €7,857 (+60.2%), from €13,051 to €20,908
- Tax, wage and social debts +€729
up €729 (+21.4%), from €3,409 to €4,138
- Write-downs +€9,735
no longer reported in 2025 (was -€9,735)
- Gross operating margin +€3,075
up €3,075 (+34.5%), from -€8,923 to -€5,848
- Other operating charges +€940
up €940 (+215.1%), from €437 to €1,377
- Financial charges +€704
up €704 (+212.0%), from €332 to €1,036
- Depreciation +€632
up €632 (+153.0%), from €413 to €1,045
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 | €35,184 | €50,876 | +€15,692 | +44.6% |
| Fixed assets | 21/28 | €4,593 | €5,798 | +€1,205 | +26.2% |
| Tangible fixed assets | 22/27 | €4,593 | €3,548 | -€1,045 | -22.8% |
| Plant, machinery and equipment | 23 | €4,593 | €3,548 | -€1,045 | -22.8% |
| Financial fixed assets | 28 | - | €2,250 | +€2,250 | |
| Current assets | 29/58 | €30,591 | €45,078 | +€14,487 | +47.4% |
| Stocks and contracts in progress | 3 | €21,213 | €15,884 | -€5,329 | -25.1% |
| Stocks | 30/36 | €21,213 | €15,884 | -€5,329 | -25.1% |
| Amounts receivable within one year | 40/41 | €3,666 | €20,910 | +€17,244 | +470.4% |
| Trade receivables | 40 | €3,325 | €20,910 | +€17,585 | +528.9% |
| Other amounts receivable | 41 | €341 | - | -€341 | |
| Cash at bank and in hand | 54/58 | €5,712 | €8,284 | +€2,572 | +45.0% |
| Total equity and liabilities | 10/49 | €35,184 | €50,876 | +€15,692 | +44.6% |
| Equity | 10/15 | €4,955 | -€4,351 | -€9,306 | |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Reserves | 13 | €1,444 | €1,444 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,444 | €1,444 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,444 | €1,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,236 | -€35,542 | -€9,306 | -35.5% |
| Amounts payable | 17/49 | €30,229 | €55,227 | +€24,998 | +82.7% |
| Amounts payable within one year | 42/48 | €30,229 | €55,227 | +€24,998 | +82.7% |
| Trade debts | 44 | €13,769 | €30,181 | +€16,412 | +119.2% |
| Suppliers | 440/4 | €13,769 | €30,181 | +€16,412 | +119.2% |
| Taxes, remuneration and social security | 45 | €3,409 | €4,138 | +€729 | +21.4% |
| Taxes | 450/3 | €3,409 | €4,138 | +€729 | +21.4% |
| Other amounts payable | 47/48 | €13,051 | €20,908 | +€7,857 | +60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413 | €1,045 | +€632 | +153.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,735 | - | +€9,735 | |
| Other operating charges | 640/8 | €437 | €1,377 | +€940 | +215.1% |
| Gross operating margin | 9900 | -€8,923 | -€5,848 | +€3,075 | +34.5% |
| Operating profit (loss) | 9901 | -€38 | -€8,270 | -€8,232 | -21663.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €332 | €1,036 | +€704 | +212.0% |
| Recurring financial charges | 65 | €332 | €1,036 | +€704 | +212.0% |
| Profit (loss) for the period before taxes | 9903 | -€369 | -€9,306 | -€8,937 | -2422.0% |
| Profit (loss) for the period | 9904 | -€369 | -€9,306 | -€8,937 | -2422.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€369 | -€9,306 | -€8,937 | -2422.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.