SAM Bouw: what changed
SAM Bouw
Largest movements
- Receivables within one year -€130,838
down €130,838 (-56.8%), from €230,513 to €99,675
of which Trade receivables: -€130,869
- Cash +€96,781
up €96,781 (+184%), from €52,688 to €149,469
mainly Receivables within one year (+€130,838) and Accrued charges and deferred income (+€61,686)
- Financial fixed assets +€50,000
up €50,000, from €0 to €50,000
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Tangible fixed assets +€19,734
up €19,734 (+25.3%), from €78,017 to €97,750
of which Furniture and vehicles: +€38,105
- Advances received -€113,545
down €113,545 (-100%), from €113,545 to €0
- Accrued charges and deferred income +€61,686
new in 2025: €61,686
- Reserves +€46,847
up €46,847 (+26.8%), from €174,493 to €221,340
- Trade debts -€37,109
down €37,109 (-62.4%), from €59,504 to €22,396
- Debts after one year +€27,513
up €27,513 (+184%), from €14,929 to €42,442
- Staff costs +€31,193
up €31,193 (+190%), from €16,406 to €47,599
- Gross operating margin +€11,768
up €11,768 (+9.0%), from €130,613 to €142,381
- Other operating charges -€4,185
down €4,185 (-82.6%), from €5,066 to €881
- Taxes +€1,600
up €1,600 (+9.8%), from €16,405 to €18,005
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,327 | €401,640 | -€15,687 | -3.8% |
| Fixed assets | 21/28 | €78,017 | €147,750 | +€69,734 | +89.4% |
| Tangible fixed assets | 22/27 | €78,017 | €97,750 | +€19,734 | +25.3% |
| Land and buildings | 22 | €12,661 | €11,074 | -€1,587 | -12.5% |
| Plant, machinery and equipment | 23 | €56,187 | €39,403 | -€16,785 | -29.9% |
| Furniture and vehicles | 24 | €9,169 | €47,274 | +€38,105 | +416% |
| Financial fixed assets | 28 | €0 | €50,000 | +€50,000 | |
| Current assets | 29/58 | €339,310 | €253,890 | -€85,420 | -25.2% |
| Stocks and contracts in progress | 3 | €4,660 | €1,847 | -€2,813 | -60.4% |
| Stocks | 30/36 | €4,660 | €1,847 | -€2,813 | -60.4% |
| Amounts receivable within one year | 40/41 | €230,513 | €99,675 | -€130,838 | -56.8% |
| Trade receivables | 40 | €226,720 | €95,851 | -€130,869 | -57.7% |
| Other amounts receivable | 41 | €3,793 | €3,824 | +€31 | +0.8% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €52,688 | €149,469 | +€96,781 | +184% |
| Deferred charges and accrued income | 490/1 | €1,449 | €2,899 | +€1,450 | +100% |
| Total equity and liabilities | 10/49 | €417,327 | €401,640 | -€15,687 | -3.8% |
| Equity | 10/15 | €185,913 | €232,760 | +€46,847 | +25.2% |
| Contributions | 10/11 | €11,420 | €11,420 | = | 0.0% |
| Reserves | 13 | €174,493 | €221,340 | +€46,847 | +26.8% |
| Distributable reserves | 133 | €174,493 | €221,340 | +€46,847 | +26.8% |
| Amounts payable | 17/49 | €231,414 | €168,881 | -€62,533 | -27.0% |
| Amounts payable after more than one year | 17 | €14,929 | €42,442 | +€27,513 | +184% |
| Financial debts | 170/4 | €14,929 | €42,442 | +€27,513 | +184% |
| Amounts payable within one year | 42/48 | €216,485 | €64,753 | -€151,732 | -70.1% |
| Current portion of amounts payable after more than one year | 42 | €27,071 | €24,582 | -€2,489 | -9.2% |
| Trade debts | 44 | €59,504 | €22,396 | -€37,109 | -62.4% |
| Suppliers | 440/4 | €59,504 | €22,396 | -€37,109 | -62.4% |
| Advances received on contracts in progress | 46 | €113,545 | €0 | -€113,545 | -100% |
| Taxes, remuneration and social security | 45 | €5,583 | €14,639 | +€9,056 | +162% |
| Taxes | 450/3 | €3,069 | €12,339 | +€9,269 | +302% |
| Remuneration and social security | 454/9 | €2,514 | €2,300 | -€214 | -8.5% |
| Other amounts payable | 47/48 | €10,781 | €3,136 | -€7,645 | -70.9% |
| Accrued charges and deferred income | 492/3 | - | €61,686 | +€61,686 | |
| Remuneration, social security and pensions | 62 | €16,406 | €47,599 | +€31,193 | +190% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,351 | €28,261 | +€911 | +3.3% |
| Other operating charges | 640/8 | €5,066 | €881 | -€4,185 | -82.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €130,613 | €142,381 | +€11,768 | +9.0% |
| Operating profit (loss) | 9901 | €81,790 | €65,640 | -€16,150 | -19.7% |
| Financial income | 75/76B | €1,323 | €749 | -€574 | -43.4% |
| Recurring financial income | 75 | €1,323 | €749 | -€574 | -43.4% |
| Financial charges | 65/66B | €1,902 | €1,538 | -€364 | -19.1% |
| Recurring financial charges | 65 | €1,902 | €1,538 | -€364 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €81,211 | €64,851 | -€16,359 | -20.1% |
| Income taxes | 67/77 | €16,405 | €18,005 | +€1,600 | +9.8% |
| Profit (loss) for the period | 9904 | €64,806 | €46,847 | -€17,959 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €64,806 | €46,847 | -€17,959 | -27.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.