GROEP SAM: 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.
GROEP SAM
Largest movements
- Cash -€13,153
down €13,153 (-8.4%), from €157,503 to €144,349
mainly Contributions, distributions and other (-€87,666) and Tax, wage and social debts (-€9,177)
- Receivables within one year -€8,741
down €8,741 (-13.1%), from €66,662 to €57,921
of which Other amounts receivable: -€8,311
- Tangible fixed assets -€8,085
down €8,085 (-30.6%), from €26,463 to €18,379
of which Plant, machinery and equipment: -€6,756
- Reserves -€65,924
down €65,924 (-20.7%), from €318,810 to €252,886
- Other debts +€40,612
up €40,612 (+68.6%), from €59,190 to €99,802
- Tax, wage and social debts -€9,177
down €9,177 (-36.3%), from €25,263 to €16,086
of which Taxes: -€9,177
- Depreciation -€7,136
down €7,136 (-39.4%), from €18,136 to €10,999
- Gross operating margin +€2,862
up €2,862 (+6.8%), from €41,910 to €44,772
- Taxes +€2,295
up €2,295 (+31.3%), from €7,325 to €9,620
- Financial charges -€450
down €450 (-16.5%), from €2,719 to €2,269
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 | €417,065 | €383,699 | -€33,366 | -8.0% |
| Fixed assets | 21/28 | €26,463 | €18,379 | -€8,085 | -30.6% |
| Tangible fixed assets | 22/27 | €26,463 | €18,379 | -€8,085 | -30.6% |
| Plant, machinery and equipment | 23 | €13,748 | €6,991 | -€6,756 | -49.1% |
| Furniture and vehicles | 24 | €9,789 | €9,039 | -€751 | -7.7% |
| Other tangible fixed assets | 26 | €2,927 | €2,349 | -€578 | -19.7% |
| Current assets | 29/58 | €390,602 | €365,321 | -€25,281 | -6.5% |
| Amounts receivable after more than one year | 29 | €150,120 | €150,120 | = | 0.0% |
| Other amounts receivable | 291 | €150,120 | €150,120 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €66,662 | €57,921 | -€8,741 | -13.1% |
| Trade receivables | 40 | €943 | €512 | -€430 | -45.7% |
| Other amounts receivable | 41 | €65,720 | €57,409 | -€8,311 | -12.6% |
| Cash at bank and in hand | 54/58 | €157,503 | €144,349 | -€13,153 | -8.4% |
| Deferred charges and accrued income | 490/1 | €16,317 | €12,930 | -€3,387 | -20.8% |
| Total equity and liabilities | 10/49 | €417,065 | €383,699 | -€33,366 | -8.0% |
| Equity | 10/15 | €325,010 | €259,086 | -€65,924 | -20.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €318,810 | €252,886 | -€65,924 | -20.7% |
| Distributable reserves | 133 | €318,810 | €252,886 | -€65,924 | -20.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,055 | €124,613 | +€32,558 | +35.4% |
| Amounts payable within one year | 42/48 | €92,055 | €123,513 | +€31,458 | +34.2% |
| Trade debts | 44 | €7,602 | €7,625 | +€23 | +0.3% |
| Suppliers | 440/4 | €7,602 | €7,625 | +€23 | +0.3% |
| Taxes, remuneration and social security | 45 | €25,263 | €16,086 | -€9,177 | -36.3% |
| Taxes | 450/3 | €20,963 | €11,786 | -€9,177 | -43.8% |
| Remuneration and social security | 454/9 | €4,300 | €4,300 | = | 0.0% |
| Other amounts payable | 47/48 | €59,190 | €99,802 | +€40,612 | +68.6% |
| Accrued charges and deferred income | 492/3 | - | €1,100 | +€1,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,136 | €10,999 | -€7,136 | -39.4% |
| Other operating charges | 640/8 | €936 | €991 | +€55 | +5.9% |
| Gross operating margin | 9900 | €41,910 | €44,772 | +€2,862 | +6.8% |
| Operating profit (loss) | 9901 | €22,838 | €32,782 | +€9,944 | +43.5% |
| Financial income | 75/76B | €849 | €850 | +€1 | +0.1% |
| Recurring financial income | 75 | €849 | €850 | +€1 | +0.1% |
| Financial charges | 65/66B | €2,719 | €2,269 | -€450 | -16.5% |
| Recurring financial charges | 65 | €2,719 | €2,269 | -€450 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €20,969 | €31,363 | +€10,394 | +49.6% |
| Income taxes | 67/77 | €7,325 | €9,620 | +€2,295 | +31.3% |
| Profit (loss) for the period | 9904 | €13,644 | €21,743 | +€8,099 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,644 | €21,743 | +€8,099 | +59.4% |
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 17 October 2026 via checked.be.