SOMOCOM: 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.
SOMOCOM
Largest movements
- Current investments +€4.6m
up €4.6m (+23.2%), from €19.9m to €24.5m
- Financial fixed assets +€3.0m
up €3.0m (+11.1%), from €27.2m to €30.2m
- Cash -€1.4m
down €1.4m (-43.9%), from €3.2m to €1.8m
mainly Current investments (-€4.6m) and Investment in fixed assets (net) (-€3.8m)
- Tangible fixed assets +€629,569
up €629,569 (+29.9%), from €2.1m to €2.7m
of which Land and buildings: +€395,219
- Reserves +€46.0m
up €46.0m (+3,608%), from €1.3m to €47.3m
of which Distributable reserves: +€46.0m
- Profit (loss) carried forward -€37.8m
down €37.8m (-100%), from €37.8m to €0
- Other debts -€1.3m
down €1.3m (-90.4%), from €1.4m to €136,885
- Financial income +€4.7m
up €4.7m (+103%), from €4.6m to €9.3m
- Financial charges +€495,333
up €495,333, from -€17,115 to €478,218
- Taxes +€376,733
up €376,733 (+579%), from €65,097 to €441,829
- Gross operating margin +€146,698
up €146,698, from -€135,831 to €10,866
- Depreciation +€34,384
up €34,384 (+34.0%), from €101,177 to €135,560
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 | €52,799,978 | €59,544,971 | +€6.7m | +12.8% |
| Fixed assets | 21/28 | €29,319,667 | €32,977,487 | +€3.7m | +12.5% |
| Tangible fixed assets | 22/27 | €2,104,853 | €2,734,422 | +€629,569 | +29.9% |
| Land and buildings | 22 | €1,896,329 | €2,291,548 | +€395,219 | +20.8% |
| Furniture and vehicles | 24 | €208,524 | €442,874 | +€234,350 | +112% |
| Financial fixed assets | 28 | €27,214,813 | €30,243,065 | +€3.0m | +11.1% |
| Current assets | 29/58 | €23,480,312 | €26,567,485 | +€3.1m | +13.1% |
| Stocks and contracts in progress | 3 | €117,000 | €117,000 | = | 0.0% |
| Stocks | 30/36 | €117,000 | €117,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €129,371 | €76,527 | -€52,844 | -40.8% |
| Trade receivables | 40 | €64,864 | €43,749 | -€21,115 | -32.6% |
| Other amounts receivable | 41 | €64,507 | €32,778 | -€31,729 | -49.2% |
| Current investments | 50/53 | €19,911,398 | €24,528,058 | +€4.6m | +23.2% |
| Cash at bank and in hand | 54/58 | €3,241,927 | €1,817,426 | -€1.4m | -43.9% |
| Deferred charges and accrued income | 490/1 | €80,616 | €28,474 | -€52,142 | -64.7% |
| Total equity and liabilities | 10/49 | €52,799,978 | €59,544,971 | +€6.7m | +12.8% |
| Equity | 10/15 | €51,112,336 | €59,278,041 | +€8.2m | +16.0% |
| Contributions | 10/11 | €12,000,000 | €12,000,000 | = | 0.0% |
| Capital | 10 | €12,000,000 | €12,000,000 | = | 0.0% |
| Issued capital | 100 | €12,000,000 | €12,000,000 | = | 0.0% |
| Reserves | 13 | €1,275,000 | €47,278,041 | +€46.0m | +3,608% |
| Non-distributable reserves | 130/1 | €1,200,000 | €1,200,000 | = | 0.0% |
| Legal reserve | 130 | €1,200,000 | €1,200,000 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €46,078,041 | +€46.0m | +61,337% |
| Profit (loss) carried forward | 14 | €37,837,336 | €0 | -€37.8m | -100% |
| Amounts payable | 17/49 | €1,687,642 | €266,931 | -€1.4m | -84.2% |
| Amounts payable within one year | 42/48 | €1,687,642 | €266,931 | -€1.4m | -84.2% |
| Trade debts | 44 | €4,602 | €7,750 | +€3,148 | +68.4% |
| Suppliers | 440/4 | €4,602 | €7,750 | +€3,148 | +68.4% |
| Taxes, remuneration and social security | 45 | €261,499 | €122,296 | -€139,203 | -53.2% |
| Taxes | 450/3 | €257,354 | €118,169 | -€139,184 | -54.1% |
| Remuneration and social security | 454/9 | €4,146 | €4,127 | -€19 | -0.5% |
| Other amounts payable | 47/48 | €1,421,541 | €136,885 | -€1.3m | -90.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €43,704 | €41,501 | -€2,204 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,177 | €135,560 | +€34,384 | +34.0% |
| Other operating charges | 640/8 | €92,152 | €67,808 | -€24,344 | -26.4% |
| Gross operating margin | 9900 | -€135,831 | €10,866 | +€146,698 | |
| Operating profit (loss) | 9901 | -€372,865 | -€234,003 | +€138,862 | +37.2% |
| Financial income | 75/76B | €4,580,359 | €9,319,755 | +€4.7m | +103% |
| Recurring financial income | 75 | €4,580,359 | €9,319,755 | +€4.7m | +103% |
| Financial charges | 65/66B | -€17,115 | €478,218 | +€495,333 | |
| Recurring financial charges | 65 | -€17,115 | €478,218 | +€495,333 | |
| Profit (loss) for the period before taxes | 9903 | €4,224,609 | €8,607,534 | +€4.4m | +104% |
| Income taxes | 67/77 | €65,097 | €441,829 | +€376,733 | +579% |
| Profit (loss) for the period | 9904 | €4,159,512 | €8,165,705 | +€4.0m | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,159,512 | €8,165,705 | +€4.0m | +96.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.