GROUP SAMBRE: 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.
GROUP SAMBRE
Largest movements
- Receivables within one year +€53,969
up €53,969 (+380%), from €14,207 to €68,176
of which Other amounts receivable: +€54,577
- Cash -€36,257
down €36,257 (-42.3%), from €85,719 to €49,462
mainly Investment in fixed assets (net) (-€58,291) and Receivables within one year (-€53,969)
- Tangible fixed assets +€29,915
up €29,915 (+24.6%), from €121,708 to €151,624
of which Furniture and vehicles: +€26,380
- Reserves +€41,050
up €41,050 (+23.9%), from €171,906 to €212,956
of which Distributable reserves: +€41,050
- Other debts -€12,110
down €12,110 (-100%), from €12,110 to €0
- Trade debts +€11,395
up €11,395 (+264%), from €4,320 to €15,716
- Tax, wage and social debts +€5,213
up €5,213 (+192%), from €2,720 to €7,933
of which Taxes: +€6,463
- Gross operating margin +€44,819
up €44,819 (+94.1%), from €47,640 to €92,458
- Taxes +€12,995
up €12,995 (+131%), from €9,938 to €22,933
- Depreciation +€7,692
up €7,692 (+37.2%), from €20,683 to €28,375
- Financial income +€1,377
up €1,377 (+745%), from €185 to €1,562
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 | €253,467 | €299,038 | +€45,570 | +18.0% |
| Fixed assets | 21/28 | €121,708 | €151,624 | +€29,915 | +24.6% |
| Tangible fixed assets | 22/27 | €121,708 | €151,624 | +€29,915 | +24.6% |
| Plant, machinery and equipment | 23 | €825 | €597 | -€229 | -27.7% |
| Furniture and vehicles | 24 | €26,080 | €52,460 | +€26,380 | +101% |
| Other tangible fixed assets | 26 | €94,803 | €98,567 | +€3,765 | +4.0% |
| Current assets | 29/58 | €131,759 | €147,414 | +€15,655 | +11.9% |
| Amounts receivable after more than one year | 29 | €7,000 | €7,000 | = | 0.0% |
| Other amounts receivable | 291 | €7,000 | €7,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,207 | €68,176 | +€53,969 | +380% |
| Trade receivables | 40 | €4,145 | €3,537 | -€608 | -14.7% |
| Other amounts receivable | 41 | €10,061 | €64,639 | +€54,577 | +542% |
| Cash at bank and in hand | 54/58 | €85,719 | €49,462 | -€36,257 | -42.3% |
| Deferred charges and accrued income | 490/1 | €24,833 | €22,776 | -€2,057 | -8.3% |
| Total equity and liabilities | 10/49 | €253,467 | €299,038 | +€45,570 | +18.0% |
| Equity | 10/15 | €233,933 | €274,989 | +€41,056 | +17.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €171,906 | €212,956 | +€41,050 | +23.9% |
| Non-distributable reserves | 130/1 | €7,426 | €7,426 | = | 0.0% |
| Legal reserve | 130 | €7,426 | €7,426 | = | 0.0% |
| Distributable reserves | 133 | €164,480 | €205,530 | +€41,050 | +25.0% |
| Profit (loss) carried forward | 14 | €53 | €59 | +€6 | +10.7% |
| Amounts payable | 17/49 | €19,534 | €24,049 | +€4,515 | +23.1% |
| Amounts payable within one year | 42/48 | €19,150 | €23,649 | +€4,499 | +23.5% |
| Trade debts | 44 | €4,320 | €15,716 | +€11,395 | +264% |
| Suppliers | 440/4 | €4,320 | €15,716 | +€11,395 | +264% |
| Taxes, remuneration and social security | 45 | €2,720 | €7,933 | +€5,213 | +192% |
| Taxes | 450/3 | €1,470 | €7,933 | +€6,463 | +440% |
| Remuneration and social security | 454/9 | €1,250 | €0 | -€1,250 | -100% |
| Other amounts payable | 47/48 | €12,110 | €0 | -€12,110 | -100% |
| Accrued charges and deferred income | 492/3 | €384 | €400 | +€16 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,683 | €28,375 | +€7,692 | +37.2% |
| Other operating charges | 640/8 | €1,115 | €1,610 | +€495 | +44.4% |
| Gross operating margin | 9900 | €47,640 | €92,458 | +€44,819 | +94.1% |
| Operating profit (loss) | 9901 | €25,842 | €62,473 | +€36,631 | +142% |
| Financial income | 75/76B | €185 | €1,562 | +€1,377 | +745% |
| Recurring financial income | 75 | €185 | €1,562 | +€1,377 | +745% |
| Financial charges | 65/66B | €116 | €46 | -€70 | -60.2% |
| Recurring financial charges | 65 | €116 | €46 | -€70 | -60.2% |
| Profit (loss) for the period before taxes | 9903 | €25,911 | €63,989 | +€38,078 | +147% |
| Income taxes | 67/77 | €9,938 | €22,933 | +€12,995 | +131% |
| Profit (loss) for the period | 9904 | €15,972 | €41,056 | +€25,083 | +157% |
| Profit (loss) for the period to be appropriated | 9905 | €15,972 | €41,056 | +€25,083 | +157% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.