Program 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.
Program Sam
Largest movements
- Cash +€24,047
up €24,047 (+144%), from €16,680 to €40,727
mainly Net result for the year (+€15,998) and Receivables within one year (+€5,394)
- Receivables within one year -€5,394
down €5,394 (-52.8%), from €10,214 to €4,820
of which Trade receivables: -€5,568
- Reserves +€15,998
up €15,998 (+90.9%), from €17,605 to €33,604
- Tax, wage and social debts +€2,828
up €2,828 (+38.2%), from €7,409 to €10,237
- Trade debts -€766
down €766 (-56.9%), from €1,345 to €579
- Gross operating margin -€1,864
down €1,864 (-8.0%), from €23,167 to €21,303
- Other operating charges -€555
down €555 (-72.8%), from €762 to €208
- Financial charges +€472
up €472 (+4,123%), from €11 to €483
- Taxes -€347
down €347 (-7.3%), from €4,732 to €4,385
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 | €28,896 | €46,984 | +€18,088 | +62.6% |
| Fixed assets | 21/28 | €1,088 | €859 | -€229 | -21.0% |
| Tangible fixed assets | 22/27 | €1,088 | €859 | -€229 | -21.0% |
| Plant, machinery and equipment | 23 | €1,088 | €859 | -€229 | -21.0% |
| Current assets | 29/58 | €27,808 | €46,125 | +€18,317 | +65.9% |
| Stocks and contracts in progress | 3 | €682 | €409 | -€273 | -40.0% |
| Stocks | 30/36 | €682 | €409 | -€273 | -40.0% |
| Amounts receivable within one year | 40/41 | €10,214 | €4,820 | -€5,394 | -52.8% |
| Trade receivables | 40 | €10,214 | €4,646 | -€5,568 | -54.5% |
| Other amounts receivable | 41 | - | €174 | +€174 | |
| Cash at bank and in hand | 54/58 | €16,680 | €40,727 | +€24,047 | +144% |
| Deferred charges and accrued income | 490/1 | €232 | €169 | -€63 | -27.1% |
| Total equity and liabilities | 10/49 | €28,896 | €46,984 | +€18,088 | +62.6% |
| Equity | 10/15 | €20,105 | €36,104 | +€15,998 | +79.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €17,605 | €33,604 | +€15,998 | +90.9% |
| Distributable reserves | 133 | €17,605 | €33,604 | +€15,998 | +90.9% |
| Amounts payable | 17/49 | €8,791 | €10,881 | +€2,090 | +23.8% |
| Amounts payable within one year | 42/48 | €8,791 | €10,881 | +€2,090 | +23.8% |
| Financial debts | 43 | €8 | €65 | +€57 | +681% |
| Credit institutions | 430/8 | €8 | €65 | +€57 | +681% |
| Trade debts | 44 | €1,345 | €579 | -€766 | -56.9% |
| Suppliers | 440/4 | €1,345 | €579 | -€766 | -56.9% |
| Taxes, remuneration and social security | 45 | €7,409 | €10,237 | +€2,828 | +38.2% |
| Taxes | 450/3 | €7,409 | €10,237 | +€2,828 | +38.2% |
| Other amounts payable | 47/48 | €29 | €0 | -€29 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56 | €229 | +€172 | +306% |
| Other operating charges | 640/8 | €762 | €208 | -€555 | -72.8% |
| Gross operating margin | 9900 | €23,167 | €21,303 | -€1,864 | -8.0% |
| Operating profit (loss) | 9901 | €22,348 | €20,867 | -€1,482 | -6.6% |
| Financial charges | 65/66B | €11 | €483 | +€472 | +4,123% |
| Recurring financial charges | 65 | €11 | €483 | +€472 | +4,123% |
| Profit (loss) for the period before taxes | 9903 | €22,337 | €20,383 | -€1,954 | -8.7% |
| Income taxes | 67/77 | €4,732 | €4,385 | -€347 | -7.3% |
| Profit (loss) for the period | 9904 | €17,605 | €15,998 | -€1,607 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,605 | €15,998 | -€1,607 | -9.1% |
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 13 October 2026 via checked.be.