SOMOTRA: 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.
SOMOTRA
Largest movements
- Tangible fixed assets +€302,953
up €302,953 (+73.2%), from €414,030 to €716,983
of which Land and buildings: +€314,142
- Cash -€72,116
no longer reported in 2025 (was €72,116)
mainly Investment in fixed assets (net) (-€364,471) and Advances received (-€84,636)
- Receivables within one year +€39,655
up €39,655 (+84.2%), from €47,092 to €86,747
of which Other amounts receivable: +€47,401
- Debts after one year +€329,690
new in 2025: €329,690
- Advances received -€84,636
no longer reported in 2025 (was €84,636)
- Current portion of long-term debt +€17,466
new in 2025: €17,466
- Short-term financial debts +€9,604
new in 2025: €9,604
- Gross operating margin +€55,016
up €55,016 (+152.1%), from €36,163 to €91,179
- Other operating charges +€21,165
up €21,165 (+167.6%), from €12,625 to €33,790
- Depreciation -€10,605
down €10,605 (-14.7%), from €72,123 to €61,518
- Financial charges +€6,250
up €6,250 (+528.8%), from €1,182 to €7,432
- Financial income +€2,273
up €2,273 (+109.2%), from €2,082 to €4,355
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 | €533,238 | €803,730 | +€270,492 | +50.7% |
| Fixed assets | 21/28 | €414,030 | €716,983 | +€302,953 | +73.2% |
| Tangible fixed assets | 22/27 | €414,030 | €716,983 | +€302,953 | +73.2% |
| Land and buildings | 22 | €375,560 | €689,702 | +€314,142 | +83.6% |
| Plant, machinery and equipment | 23 | €38,470 | €27,281 | -€11,189 | -29.1% |
| Current assets | 29/58 | €119,208 | €86,747 | -€32,461 | -27.2% |
| Amounts receivable within one year | 40/41 | €47,092 | €86,747 | +€39,655 | +84.2% |
| Trade receivables | 40 | €7,746 | - | -€7,746 | |
| Other amounts receivable | 41 | €39,346 | €86,747 | +€47,401 | +120.5% |
| Cash at bank and in hand | 54/58 | €72,116 | - | -€72,116 | |
| Total equity and liabilities | 10/49 | €533,238 | €803,730 | +€270,492 | +50.7% |
| Equity | 10/15 | €398,421 | €398,450 | +€29 | 0.0% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Contributions outside capital | 11 | €161,131 | €161,131 | = | 0.0% |
| Other | 1109/19 | €161,131 | €161,131 | = | 0.0% |
| Reserves | 13 | €237,290 | €237,319 | +€29 | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €80,529 | €66,479 | -€14,050 | -17.4% |
| Distributable reserves | 133 | €149,324 | €163,403 | +€14,079 | +9.4% |
| Provisions and deferred taxes | 16 | €41,466 | €34,231 | -€7,235 | -17.4% |
| Deferred taxes | 168 | €41,466 | €34,231 | -€7,235 | -17.4% |
| Amounts payable | 17/49 | €93,351 | €371,049 | +€277,698 | +297.5% |
| Amounts payable after more than one year | 17 | - | €329,690 | +€329,690 | |
| Financial debts | 170/4 | - | €329,690 | +€329,690 | |
| Amounts payable within one year | 42/48 | €93,351 | €38,766 | -€54,585 | -58.5% |
| Current portion of amounts payable after more than one year | 42 | - | €17,466 | +€17,466 | |
| Financial debts | 43 | - | €9,604 | +€9,604 | |
| Credit institutions | 430/8 | - | €9,604 | +€9,604 | |
| Trade debts | 44 | €8,715 | €6,919 | -€1,796 | -20.6% |
| Suppliers | 440/4 | €8,715 | €6,919 | -€1,796 | -20.6% |
| Advances received on contracts in progress | 46 | €84,636 | - | -€84,636 | |
| Other amounts payable | 47/48 | - | €4,777 | +€4,777 | |
| Accrued charges and deferred income | 492/3 | - | €2,593 | +€2,593 | |
| Non-recurring operating income | 76A | - | €96,852 | +€96,852 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,123 | €61,518 | -€10,605 | -14.7% |
| Other operating charges | 640/8 | €12,625 | €33,790 | +€21,165 | +167.6% |
| Gross operating margin | 9900 | €36,163 | €91,179 | +€55,016 | +152.1% |
| Operating profit (loss) | 9901 | -€48,585 | -€4,129 | +€44,456 | +91.5% |
| Financial income | 75/76B | €2,082 | €4,355 | +€2,273 | +109.2% |
| Recurring financial income | 75 | €2,082 | €4,355 | +€2,273 | +109.2% |
| Financial charges | 65/66B | €1,182 | €7,432 | +€6,250 | +528.8% |
| Recurring financial charges | 65 | €1,182 | €7,432 | +€6,250 | +528.8% |
| Profit (loss) for the period before taxes | 9903 | -€47,685 | -€7,206 | +€40,479 | +84.9% |
| Transfer from deferred taxes | 780 | €14,050 | €14,050 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€33,635 | €6,844 | +€40,479 | |
| Transfer from tax-exempt reserves | 789 | €7,235 | €7,235 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,400 | €14,079 | +€40,479 |
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 12 October 2026 via checked.be.