SOUTHANOM: 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.
SOUTHANOM
Largest movements
- Receivables within one year -€3,281
down €3,281 (-46.0%), from €7,125 to €3,844
of which Other amounts receivable: -€3,466
- Cash -€2,699
down €2,699 (-14.6%), from €18,476 to €15,777
mainly Net result for the year (-€5,993) and Tax, wage and social debts (-€1,574)
- Tangible fixed assets -€642
down €642 (-78.7%), from €816 to €174
- Profit (loss) carried forward -€5,993
down €5,993 (-175%), from -€3,420 to -€9,413
- Trade debts +€1,579
up €1,579 (+88.2%), from €1,790 to €3,369
- Tax, wage and social debts -€1,574
down €1,574 (-27.2%), from €5,796 to €4,222
of which Remuneration and social security: -€800
- Other debts -€902
down €902 (-8.6%), from €10,457 to €9,555
- Gross operating margin -€6,021
down €6,021, from €1,955 to -€4,066
- Taxes -€1,098
down €1,098 (-75.3%), from €1,459 to €361
- Other operating charges -€579
down €579 (-42.0%), from €1,379 to €800
- Financial charges +€45
up €45 (+25.3%), from €179 to €224
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 | €27,806 | €20,915 | -€6,891 | -24.8% |
| Fixed assets | 21/28 | €816 | €174 | -€642 | -78.7% |
| Tangible fixed assets | 22/27 | €816 | €174 | -€642 | -78.7% |
| Furniture and vehicles | 24 | €816 | €174 | -€642 | -78.7% |
| Current assets | 29/58 | €26,990 | €20,741 | -€6,249 | -23.2% |
| Amounts receivable within one year | 40/41 | €7,125 | €3,844 | -€3,281 | -46.0% |
| Trade receivables | 40 | €3,659 | €3,844 | +€186 | +5.1% |
| Other amounts receivable | 41 | €3,466 | - | -€3,466 | |
| Cash at bank and in hand | 54/58 | €18,476 | €15,777 | -€2,699 | -14.6% |
| Deferred charges and accrued income | 490/1 | €1,389 | €1,119 | -€269 | -19.4% |
| Total equity and liabilities | 10/49 | €27,806 | €20,915 | -€6,891 | -24.8% |
| Equity | 10/15 | €9,763 | €3,770 | -€5,993 | -61.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,983 | €6,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,443 | €1,443 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,443 | €1,443 | = | 0.0% |
| Distributable reserves | 133 | €5,540 | €5,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,420 | -€9,413 | -€5,993 | -175% |
| Amounts payable | 17/49 | €18,043 | €17,145 | -€898 | -5.0% |
| Amounts payable within one year | 42/48 | €18,043 | €17,145 | -€898 | -5.0% |
| Trade debts | 44 | €1,790 | €3,369 | +€1,579 | +88.2% |
| Suppliers | 440/4 | €1,790 | €3,369 | +€1,579 | +88.2% |
| Taxes, remuneration and social security | 45 | €5,796 | €4,222 | -€1,574 | -27.2% |
| Taxes | 450/3 | €4,196 | €3,422 | -€774 | -18.5% |
| Remuneration and social security | 454/9 | €1,600 | €800 | -€800 | -50.0% |
| Other amounts payable | 47/48 | €10,457 | €9,555 | -€902 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €642 | €642 | = | 0.0% |
| Other operating charges | 640/8 | €1,379 | €800 | -€579 | -42.0% |
| Gross operating margin | 9900 | €1,955 | -€4,066 | -€6,021 | |
| Operating profit (loss) | 9901 | -€65 | -€5,507 | -€5,441 | -8,310% |
| Financial income | 75/76B | €101 | €99 | -€2 | -1.6% |
| Recurring financial income | 75 | €101 | €99 | -€2 | -1.6% |
| Financial charges | 65/66B | €179 | €224 | +€45 | +25.3% |
| Recurring financial charges | 65 | €179 | €224 | +€45 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | -€144 | -€5,632 | -€5,488 | -3,822% |
| Income taxes | 67/77 | €1,459 | €361 | -€1,098 | -75.3% |
| Profit (loss) for the period | 9904 | -€1,603 | -€5,993 | -€4,390 | -274% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,603 | -€5,993 | -€4,390 | -274% |
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 27 October 2026 via checked.be.