SAM 2008: 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.
SAM 2008
Largest movements
- Cash -€36,063
down €36,063 (-72.3%), from €49,893 to €13,829
mainly Trade debts (-€26,750) and Other debts (-€20,000)
- Stocks and contracts -€16,136
no longer reported in 2025 (was €16,136)
- Receivables within one year -€3,675
down €3,675 (-30.1%), from €12,210 to €8,535
of which Other amounts receivable: -€3,292
- Tangible fixed assets -€1,208
down €1,208 (-37.0%), from €3,264 to €2,056
- Trade debts -€26,750
down €26,750 (-78.4%), from €34,108 to €7,358
- Other debts -€20,000
down €20,000 (-98.6%), from €20,281 to €281
- Tax, wage and social debts -€12,438
down €12,438 (-98.6%), from €12,615 to €177
of which Remuneration and social security: -€8,084
- Profit (loss) carried forward +€2,588
up €2,588 (+1085.2%), from €239 to €2,827
- Gross operating margin -€56,437
down €56,437 (-70.0%), from €80,618 to €24,181
- Staff costs -€23,646
down €23,646 (-62.5%), from €37,846 to €14,201
- Taxes +€5,408
new in 2025: €5,408
- Depreciation +€848
up €848 (+236.2%), from €359 to €1,208
- Financial charges -€838
down €838 (-93.9%), from €892 to €54
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 | €81,503 | €24,903 | -€56,600 | -69.4% |
| Fixed assets | 21/28 | €3,264 | €2,056 | -€1,208 | -37.0% |
| Tangible fixed assets | 22/27 | €3,264 | €2,056 | -€1,208 | -37.0% |
| Plant, machinery and equipment | 23 | €3,264 | €2,056 | -€1,208 | -37.0% |
| Current assets | 29/58 | €78,239 | €22,847 | -€55,392 | -70.8% |
| Stocks and contracts in progress | 3 | €16,136 | - | -€16,136 | |
| Stocks | 30/36 | €16,136 | - | -€16,136 | |
| Amounts receivable within one year | 40/41 | €12,210 | €8,535 | -€3,675 | -30.1% |
| Trade receivables | 40 | €8,873 | €8,489 | -€384 | -4.3% |
| Other amounts receivable | 41 | €3,337 | €46 | -€3,292 | -98.6% |
| Cash at bank and in hand | 54/58 | €49,893 | €13,829 | -€36,063 | -72.3% |
| Deferred charges and accrued income | 490/1 | - | €483 | +€483 | |
| Total equity and liabilities | 10/49 | €81,503 | €24,903 | -€56,600 | -69.4% |
| Equity | 10/15 | €14,499 | €17,087 | +€2,588 | +17.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239 | €2,827 | +€2,588 | +1085.2% |
| Amounts payable | 17/49 | €67,004 | €7,816 | -€59,188 | -88.3% |
| Amounts payable within one year | 42/48 | €67,004 | €7,816 | -€59,188 | -88.3% |
| Trade debts | 44 | €34,108 | €7,358 | -€26,750 | -78.4% |
| Suppliers | 440/4 | €34,108 | €7,358 | -€26,750 | -78.4% |
| Taxes, remuneration and social security | 45 | €12,615 | €177 | -€12,438 | -98.6% |
| Taxes | 450/3 | €4,531 | €177 | -€4,353 | -96.1% |
| Remuneration and social security | 454/9 | €8,084 | - | -€8,084 | |
| Other amounts payable | 47/48 | €20,281 | €281 | -€20,000 | -98.6% |
| Remuneration, social security and pensions | 62 | €37,846 | €14,201 | -€23,646 | -62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €359 | €1,208 | +€848 | +236.2% |
| Other operating charges | 640/8 | €286 | €724 | +€438 | +153.1% |
| Non-recurring operating charges | 66A | -€0 | -€0 | -€0 | -400.0% |
| Gross operating margin | 9900 | €80,618 | €24,181 | -€56,437 | -70.0% |
| Operating profit (loss) | 9901 | €42,127 | €8,050 | -€34,077 | -80.9% |
| Financial charges | 65/66B | €892 | €54 | -€838 | -93.9% |
| Recurring financial charges | 65 | €892 | €54 | -€838 | -93.9% |
| Profit (loss) for the period before taxes | 9903 | €41,235 | €7,996 | -€33,239 | -80.6% |
| Income taxes | 67/77 | - | €5,408 | +€5,408 | |
| Profit (loss) for the period | 9904 | €41,235 | €2,588 | -€38,646 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,235 | €2,588 | -€38,646 | -93.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.