Somwang: 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.
Somwang
Largest movements
- Cash -€62,137
down €62,137 (-91.6%), from €67,825 to €5,687
mainly Net result for the year (-€48,624) and Current portion of long-term debt (-€6,237)
- Tangible fixed assets -€11,028
down €11,028 (-29.7%), from €37,187 to €26,159
of which Other tangible fixed assets: -€8,204
- Receivables within one year +€4,548
up €4,548 (+10.3%), from €43,966 to €48,513
of which Other amounts receivable: +€3,099
- Deferred charges and accrued income +€1,898
up €1,898 (+141.9%), from €1,338 to €3,235
- Profit (loss) carried forward -€48,624
down €48,624 (-70.8%), from €68,716 to €20,092
- Current portion of long-term debt -€6,237
down €6,237 (-83.2%), from €7,500 to €1,263
- Tax, wage and social debts -€4,864
down €4,864 (-32.7%), from €14,861 to €9,996
of which Remuneration and social security: -€5,325
- Other debts -€3,856
down €3,856 (-99.7%), from €3,868 to €12
- Trade debts -€2,337
down €2,337 (-6.0%), from €38,941 to €36,605
- Gross operating margin -€36,201
down €36,201 (-30.4%), from €119,141 to €82,939
- Staff costs +€25,281
up €25,281 (+26.9%), from €94,055 to €119,337
- Financial income -€4,005
no longer reported in 2025 (was €4,005)
- Taxes -€2,440
no longer reported in 2025 (was €2,440)
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 | €157,686 | €90,965 | -€66,720 | -42.3% |
| Fixed assets | 21/28 | €43,437 | €32,409 | -€11,028 | -25.4% |
| Tangible fixed assets | 22/27 | €37,187 | €26,159 | -€11,028 | -29.7% |
| Furniture and vehicles | 24 | €8,474 | €5,649 | -€2,825 | -33.3% |
| Other tangible fixed assets | 26 | €28,713 | €20,509 | -€8,204 | -28.6% |
| Financial fixed assets | 28 | €6,250 | €6,250 | = | 0.0% |
| Current assets | 29/58 | €114,249 | €58,557 | -€55,692 | -48.7% |
| Stocks and contracts in progress | 3 | €1,121 | €1,121 | = | 0.0% |
| Stocks | 30/36 | €1,121 | €1,121 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,966 | €48,513 | +€4,548 | +10.3% |
| Trade receivables | 40 | €42,505 | €43,954 | +€1,449 | +3.4% |
| Other amounts receivable | 41 | €1,460 | €4,559 | +€3,099 | +212.2% |
| Cash at bank and in hand | 54/58 | €67,825 | €5,687 | -€62,137 | -91.6% |
| Deferred charges and accrued income | 490/1 | €1,338 | €3,235 | +€1,898 | +141.9% |
| Total equity and liabilities | 10/49 | €157,686 | €90,965 | -€66,720 | -42.3% |
| Equity | 10/15 | €89,176 | €40,552 | -€48,624 | -54.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,716 | €20,092 | -€48,624 | -70.8% |
| Amounts payable | 17/49 | €68,510 | €50,413 | -€18,096 | -26.4% |
| Amounts payable after more than one year | 17 | €1,263 | - | -€1,263 | |
| Financial debts | 170/4 | €1,263 | - | -€1,263 | |
| Amounts payable within one year | 42/48 | €67,247 | €49,953 | -€17,294 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €1,263 | -€6,237 | -83.2% |
| Trade debts | 44 | €38,941 | €36,605 | -€2,337 | -6.0% |
| Suppliers | 440/4 | €38,941 | €36,605 | -€2,337 | -6.0% |
| Advances received on contracts in progress | 46 | €2,077 | €2,077 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14,861 | €9,996 | -€4,864 | -32.7% |
| Taxes | 450/3 | €6,872 | €7,333 | +€461 | +6.7% |
| Remuneration and social security | 454/9 | €7,989 | €2,664 | -€5,325 | -66.7% |
| Other amounts payable | 47/48 | €3,868 | €12 | -€3,856 | -99.7% |
| Accrued charges and deferred income | 492/3 | - | €460 | +€460 | |
| Remuneration, social security and pensions | 62 | €94,055 | €119,337 | +€25,281 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,229 | €11,028 | -€201 | -1.8% |
| Other operating charges | 640/8 | €212 | €460 | +€248 | +117.0% |
| Gross operating margin | 9900 | €119,141 | €82,939 | -€36,201 | -30.4% |
| Operating profit (loss) | 9901 | €13,644 | -€47,886 | -€61,530 | |
| Financial income | 75/76B | €4,005 | - | -€4,005 | |
| Recurring financial income | 75 | €4,005 | - | -€4,005 | |
| Financial charges | 65/66B | €930 | €738 | -€192 | -20.6% |
| Recurring financial charges | 65 | €930 | €738 | -€192 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €16,719 | -€48,624 | -€65,343 | |
| Income taxes | 67/77 | €2,440 | - | -€2,440 | |
| Profit (loss) for the period | 9904 | €14,280 | -€48,624 | -€62,904 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,280 | -€48,624 | -€62,904 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.