CHEF SAM: 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.
CHEF SAM
Largest movements
- Tangible fixed assets -€7,821
down €7,821 (-7.3%), from €106,622 to €98,801
of which Furniture and vehicles: -€10,585
- Cash -€6,133
down €6,133 (-20.1%), from €30,503 to €24,369
mainly Net result for the year (-€28,444) and Trade debts (-€16,475)
- Other debts +€36,686
up €36,686 (+19.6%), from €187,554 to €224,240
- Profit (loss) carried forward -€28,444
down €28,444 (-31.7%), from -€89,837 to -€118,281
- Trade debts -€16,475
down €16,475 (-53.3%), from €30,893 to €14,418
- Tax, wage and social debts -€6,170
down €6,170 (-18.8%), from €32,843 to €26,674
of which Taxes: -€10,459
- Gross operating margin +€25,649
up €25,649 (+27.5%), from €93,279 to €118,929
- Staff costs -€7,423
down €7,423 (-5.5%), from €135,862 to €128,439
- Depreciation +€3,928
up €3,928 (+31.0%), from €12,656 to €16,584
- Financial charges -€2,840
down €2,840 (-70.3%), from €4,042 to €1,202
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 | €166,453 | €152,050 | -€14,403 | -8.7% |
| Fixed assets | 21/28 | €119,123 | €110,302 | -€8,821 | -7.4% |
| Intangible fixed assets | 21 | €8,501 | €7,501 | -€1,000 | -11.8% |
| Tangible fixed assets | 22/27 | €106,622 | €98,801 | -€7,821 | -7.3% |
| Plant, machinery and equipment | 23 | €43,281 | €44,905 | +€1,624 | +3.8% |
| Furniture and vehicles | 24 | €43,966 | €33,381 | -€10,585 | -24.1% |
| Other tangible fixed assets | 26 | €19,375 | €20,515 | +€1,140 | +5.9% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €47,330 | €41,748 | -€5,582 | -11.8% |
| Stocks and contracts in progress | 3 | €15,580 | €14,960 | -€620 | -4.0% |
| Stocks | 30/36 | €15,580 | €14,960 | -€620 | -4.0% |
| Amounts receivable within one year | 40/41 | €1,248 | €2,419 | +€1,171 | +93.9% |
| Trade receivables | 40 | €870 | €2,419 | +€1,549 | +178.0% |
| Other amounts receivable | 41 | €378 | €0 | -€378 | -100.0% |
| Cash at bank and in hand | 54/58 | €30,503 | €24,369 | -€6,133 | -20.1% |
| Total equity and liabilities | 10/49 | €166,453 | €152,050 | -€14,403 | -8.7% |
| Equity | 10/15 | -€84,837 | -€113,281 | -€28,444 | -33.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,837 | -€118,281 | -€28,444 | -31.7% |
| Amounts payable | 17/49 | €251,291 | €265,332 | +€14,041 | +5.6% |
| Amounts payable within one year | 42/48 | €251,291 | €265,332 | +€14,041 | +5.6% |
| Trade debts | 44 | €30,893 | €14,418 | -€16,475 | -53.3% |
| Suppliers | 440/4 | €30,893 | €14,418 | -€16,475 | -53.3% |
| Taxes, remuneration and social security | 45 | €32,843 | €26,674 | -€6,170 | -18.8% |
| Taxes | 450/3 | €20,116 | €9,657 | -€10,459 | -52.0% |
| Remuneration and social security | 454/9 | €12,728 | €17,017 | +€4,290 | +33.7% |
| Other amounts payable | 47/48 | €187,554 | €224,240 | +€36,686 | +19.6% |
| Remuneration, social security and pensions | 62 | €135,862 | €128,439 | -€7,423 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,656 | €16,584 | +€3,928 | +31.0% |
| Other operating charges | 640/8 | €1,004 | €1,147 | +€143 | +14.3% |
| Gross operating margin | 9900 | €93,279 | €118,929 | +€25,649 | +27.5% |
| Operating profit (loss) | 9901 | -€56,243 | -€27,242 | +€29,000 | +51.6% |
| Financial income | 75/76B | €367 | €0 | -€367 | -100.0% |
| Recurring financial income | 75 | €367 | €0 | -€367 | -100.0% |
| Financial charges | 65/66B | €4,042 | €1,202 | -€2,840 | -70.3% |
| Recurring financial charges | 65 | €4,042 | €1,202 | -€2,840 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | -€59,917 | -€28,444 | +€31,473 | +52.5% |
| Income taxes | 67/77 | €165 | €0 | -€165 | -100.0% |
| Profit (loss) for the period | 9904 | -€60,082 | -€28,444 | +€31,638 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,082 | -€28,444 | +€31,638 | +52.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.