SOMKO: 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.
SOMKO
Largest movements
- Receivables within one year +€564,801
up €564,801 (+48.6%), from €1.2m to €1.7m
of which Trade receivables: +€620,722
- Cash -€328,197
down €328,197 (-28.5%), from €1.2m to €822,109
mainly Receivables within one year (-€564,801) and Contributions, distributions and other (-€300,000)
- Tangible fixed assets +€95,172
up €95,172 (+47.1%), from €202,061 to €297,233
of which Other tangible fixed assets: +€76,065
- Trade debts -€252,611
down €252,611 (-40.0%), from €631,817 to €379,205
- Reserves +€200,000
up €200,000 (+27.0%), from €741,860 to €941,860
of which Distributable reserves: +€200,000
- Accrued charges and deferred income +€142,079
up €142,079 (+894%), from €15,894 to €157,973
- Advances received +€130,840
up €130,840 (+44.1%), from €296,457 to €427,298
- Tax, wage and social debts +€59,209
up €59,209 (+31.8%), from €186,237 to €245,446
of which Remuneration and social security: +€53,231
- Gross operating margin +€729,558
up €729,558 (+35.1%), from €2.1m to €2.8m
- Staff costs +€644,136
up €644,136 (+45.8%), from €1.4m to €2.1m
- Taxes -€73,944
down €73,944 (-38.4%), from €192,603 to €118,660
- Depreciation +€31,927
up €31,927 (+132%), from €24,221 to €56,148
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 | €2,875,851 | €3,233,342 | +€357,491 | +12.4% |
| Fixed assets | 21/28 | €241,421 | €368,754 | +€127,332 | +52.7% |
| Tangible fixed assets | 22/27 | €202,061 | €297,233 | +€95,172 | +47.1% |
| Plant, machinery and equipment | 23 | €10,340 | €7,305 | -€3,035 | -29.3% |
| Furniture and vehicles | 24 | €177,478 | €199,620 | +€22,142 | +12.5% |
| Other tangible fixed assets | 26 | €14,243 | €90,308 | +€76,065 | +534% |
| Financial fixed assets | 28 | €39,360 | €71,520 | +€32,160 | +81.7% |
| Current assets | 29/58 | €2,634,430 | €2,864,589 | +€230,159 | +8.7% |
| Amounts receivable within one year | 40/41 | €1,162,268 | €1,727,069 | +€564,801 | +48.6% |
| Trade receivables | 40 | €1,106,347 | €1,727,069 | +€620,722 | +56.1% |
| Other amounts receivable | 41 | €55,921 | - | -€55,921 | |
| Current investments | 50/53 | €266,409 | €278,466 | +€12,057 | +4.5% |
| Cash at bank and in hand | 54/58 | €1,150,305 | €822,109 | -€328,197 | -28.5% |
| Deferred charges and accrued income | 490/1 | €55,448 | €36,946 | -€18,502 | -33.4% |
| Total equity and liabilities | 10/49 | €2,875,851 | €3,233,342 | +€357,491 | +12.4% |
| Equity | 10/15 | €985,381 | €1,231,720 | +€246,338 | +25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €741,860 | €941,860 | +€200,000 | +27.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €740,000 | €940,000 | +€200,000 | +27.0% |
| Profit (loss) carried forward | 14 | €224,921 | €271,260 | +€46,338 | +20.6% |
| Amounts payable | 17/49 | €1,890,470 | €2,001,623 | +€111,153 | +5.9% |
| Amounts payable within one year | 42/48 | €1,874,575 | €1,843,650 | -€30,926 | -1.6% |
| Financial debts | 43 | - | €11,083 | +€11,083 | |
| Credit institutions | 430/8 | - | €11,083 | +€11,083 | |
| Trade debts | 44 | €631,817 | €379,205 | -€252,611 | -40.0% |
| Suppliers | 440/4 | €631,817 | €379,205 | -€252,611 | -40.0% |
| Advances received on contracts in progress | 46 | €296,457 | €427,298 | +€130,840 | +44.1% |
| Taxes, remuneration and social security | 45 | €186,237 | €245,446 | +€59,209 | +31.8% |
| Taxes | 450/3 | - | €5,978 | +€5,978 | |
| Remuneration and social security | 454/9 | €186,237 | €239,468 | +€53,231 | +28.6% |
| Other amounts payable | 47/48 | €760,064 | €780,617 | +€20,553 | +2.7% |
| Accrued charges and deferred income | 492/3 | €15,894 | €157,973 | +€142,079 | +894% |
| Remuneration, social security and pensions | 62 | €1,407,010 | €2,051,146 | +€644,136 | +45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,221 | €56,148 | +€31,927 | +132% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,765 | +€2,765 | |
| Other operating charges | 640/8 | €1,764 | €11,044 | +€9,280 | +526% |
| Gross operating margin | 9900 | €2,079,803 | €2,809,361 | +€729,558 | +35.1% |
| Operating profit (loss) | 9901 | €646,808 | €688,258 | +€41,450 | +6.4% |
| Financial income | 75/76B | €3,374 | €3,949 | +€575 | +17.0% |
| Recurring financial income | 75 | €3,374 | €3,949 | +€575 | +17.0% |
| Financial charges | 65/66B | €16,960 | €27,209 | +€10,249 | +60.4% |
| Recurring financial charges | 65 | €16,960 | €27,209 | +€10,249 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | €633,221 | €664,998 | +€31,777 | +5.0% |
| Income taxes | 67/77 | €192,603 | €118,660 | -€73,944 | -38.4% |
| Profit (loss) for the period | 9904 | €440,618 | €546,338 | +€105,720 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €440,618 | €546,338 | +€105,720 | +24.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.