Somi: 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.
What changed
Somi
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€666,822
2024 · €597,214+€69,608
Equity
€7.6m
2024 · €7.4m+€133,664
Cash
€1.2m
2024 · €1.0m+€191,282
Balance sheet total
€9.5m
2024 · €9.0m+€520,133
Largest movements
Assets
- Receivables within one year +€208,190
up €208,190 (+406.3%), from €51,236 to €259,426
of which Trade receivables: +€218,022
- Cash +€191,282
up €191,282 (+19.0%), from €1.0m to €1.2m
mainly Net result for the year (+€666,822) and Other debts (+€384,019)
Equity and liabilities
- Other debts +€384,019
up €384,019 (+33.7%), from €1.1m to €1.5m
- Reserves +€133,664
up €133,664 (+2.1%), from €6.3m to €6.5m
of which Distributable reserves: +€141,681
Income statement
- Gross operating margin +€154,091
up €154,091 (+14.9%), from €1.0m to €1.2m
- Taxes +€60,755
up €60,755 (+39.0%), from €155,672 to €216,427
- Staff costs +€36,962
up €36,962 (+123.2%), from €29,999 to €66,961
- Financial charges -€33,685
down €33,685 (-35.4%), from €95,193 to €61,508
- Provisions +€31,704
up €31,704, from -€31,704 to €0
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.
Result 2024
€597,214
Gross operating margin
+€154,091
Staff costs
-€36,962
Depreciation
+€12,868
Write-downs
-€17,271
Provisions
-€31,704
Other operating charges
+€1,573
Financial income
+€15,674
Financial charges
+€33,685
Taxes
-€60,755
Deferred taxes and other
-€1,592
Result 2025
€666,822
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.
From operations
+€902,166
Investment
-€177,727
Financing
-€533,158
Cash 2024
€1.0m
From operations (derived)
+€902,166
Net result for the year
+€666,822
Depreciation
+€74,178
Stocks and contracts
+€211
Receivables within one year
-€208,190
Deferred charges and accrued income
-€17,324
Provisions
-€2,672
Trade debts
+€26,880
Tax, wage and social debts
+€14,447
Other debts
+€384,019
Accrued charges and deferred income
-€36,205
Investment (derived)
-€177,727
Investment in fixed assets (net)
-€148,898
Current investments
-€28,828
Financing
-€533,158
Contributions, distributions and other
-€533,158
Cash 2025
€1.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,028,376 | €9,548,509 | +€520,133 | +5.8% |
| Fixed assets | 21/28 | €2,908,843 | €2,983,564 | +€74,720 | +2.6% |
| Tangible fixed assets | 22/27 | €2,908,739 | €2,983,460 | +€74,720 | +2.6% |
| Land and buildings | 22 | €2,854,516 | €2,833,725 | -€20,791 | -0.7% |
| Plant, machinery and equipment | 23 | €41,277 | €145,184 | +€103,907 | +251.7% |
| Furniture and vehicles | 24 | €12,946 | €4,551 | -€8,396 | -64.9% |
| Financial fixed assets | 28 | €104 | €104 | = | 0.0% |
| Current assets | 29/58 | €6,119,532 | €6,564,945 | +€445,413 | +7.3% |
| Stocks and contracts in progress | 3 | €33,428 | €33,217 | -€211 | -0.6% |
| Stocks | 30/36 | €33,428 | €33,217 | -€211 | -0.6% |
| Amounts receivable within one year | 40/41 | €51,236 | €259,426 | +€208,190 | +406.3% |
| Trade receivables | 40 | €38,325 | €256,347 | +€218,022 | +568.9% |
| Other amounts receivable | 41 | €12,912 | €3,079 | -€9,832 | -76.2% |
| Current investments | 50/53 | €5,004,275 | €5,033,103 | +€28,828 | +0.6% |
| Cash at bank and in hand | 54/58 | €1,005,774 | €1,197,055 | +€191,282 | +19.0% |
| Deferred charges and accrued income | 490/1 | €24,819 | €42,144 | +€17,324 | +69.8% |
| Total equity and liabilities | 10/49 | €9,028,376 | €9,548,509 | +€520,133 | +5.8% |
| Equity | 10/15 | €7,436,543 | €7,570,208 | +€133,664 | +1.8% |
| Contributions | 10/11 | €1,109,175 | €1,109,175 | = | 0.0% |
| Capital | 10 | €1,091,000 | €1,091,000 | = | 0.0% |
| Issued capital | 100 | €1,091,000 | €1,091,000 | = | 0.0% |
| Contributions outside capital | 11 | €18,175 | €18,175 | = | 0.0% |
| Share premium | 1100/10 | €18,175 | €18,175 | = | 0.0% |
| Reserves | 13 | €6,327,369 | €6,461,033 | +€133,664 | +2.1% |
| Non-distributable reserves | 130/1 | €109,100 | €109,100 | = | 0.0% |
| Legal reserve | 130 | €109,100 | €109,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €99,636 | €91,619 | -€8,017 | -8.0% |
| Distributable reserves | 133 | €6,118,632 | €6,260,314 | +€141,681 | +2.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €309,668 | €306,996 | -€2,672 | -0.9% |
| Provisions for liabilities and charges | 160/5 | €282,706 | €282,706 | = | 0.0% |
| Major repairs and maintenance | 162 | - | €282,706 | +€282,706 | |
| Other liabilities and charges | 164/5 | €282,706 | - | -€282,706 | |
| Deferred taxes | 168 | €26,962 | €24,290 | -€2,672 | -9.9% |
| Amounts payable | 17/49 | €1,282,164 | €1,671,306 | +€389,142 | +30.4% |
| Amounts payable within one year | 42/48 | €1,228,807 | €1,654,154 | +€425,346 | +34.6% |
| Trade debts | 44 | €16,853 | €43,733 | +€26,880 | +159.5% |
| Suppliers | 440/4 | €16,853 | €43,733 | +€26,880 | +159.5% |
| Taxes, remuneration and social security | 45 | €73,448 | €87,895 | +€14,447 | +19.7% |
| Taxes | 450/3 | €69,547 | €80,101 | +€10,554 | +15.2% |
| Remuneration and social security | 454/9 | €3,901 | €7,794 | +€3,894 | +99.8% |
| Other amounts payable | 47/48 | €1,138,507 | €1,522,526 | +€384,019 | +33.7% |
| Accrued charges and deferred income | 492/3 | €53,357 | €17,152 | -€36,205 | -67.9% |
| Remuneration, social security and pensions | 62 | €29,999 | €66,961 | +€36,962 | +123.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,046 | €74,178 | -€12,868 | -14.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,271 | +€17,271 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€31,704 | €0 | +€31,704 | |
| Other operating charges | 640/8 | €130,072 | €128,499 | -€1,573 | -1.2% |
| Gross operating margin | 9900 | €1,033,674 | €1,187,765 | +€154,091 | +14.9% |
| Operating profit (loss) | 9901 | €818,260 | €900,856 | +€82,596 | +10.1% |
| Financial income | 75/76B | €25,554 | €41,228 | +€15,674 | +61.3% |
| Recurring financial income | 75 | €25,554 | €41,228 | +€15,674 | +61.3% |
| Financial charges | 65/66B | €95,193 | €61,508 | -€33,685 | -35.4% |
| Recurring financial charges | 65 | €95,193 | €61,508 | -€33,685 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €748,621 | €880,577 | +€131,955 | +17.6% |
| Transfer from deferred taxes | 780 | €4,264 | €2,672 | -€1,592 | -37.3% |
| Income taxes | 67/77 | €155,672 | €216,427 | +€60,755 | +39.0% |
| Profit (loss) for the period | 9904 | €597,214 | €666,822 | +€69,608 | +11.7% |
| Transfer from tax-exempt reserves | 789 | €12,793 | €8,017 | -€4,776 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €610,007 | €674,839 | +€64,832 | +10.6% |
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.