SAM BUYSE: 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 BUYSE
Largest movements
- Tangible fixed assets +€18,538
up €18,538 (+33.0%), from €56,227 to €74,765
of which Furniture and vehicles: +€23,795
- Receivables within one year -€15,011
down €15,011 (-58.2%), from €25,790 to €10,779
of which Trade receivables: -€14,896
- Other debts +€104,195
up €104,195 (+4,057%), from €2,568 to €106,763
- Reserves -€90,002
down €90,002 (-66.6%), from €135,176 to €45,173
- Tax, wage and social debts -€10,828
down €10,828 (-71.9%), from €15,054 to €4,227
- Gross operating margin +€32,637
up €32,637 (+63.9%), from €51,074 to €83,711
- Taxes +€4,487
up €4,487 (+72.3%), from €6,206 to €10,693
- Depreciation +€3,621
up €3,621 (+18.3%), from €19,815 to €23,436
- Other operating charges +€3,125
up €3,125 (+286%), from €1,094 to €4,220
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 | €165,989 | €170,247 | +€4,258 | +2.6% |
| Fixed assets | 21/28 | €59,695 | €77,733 | +€18,038 | +30.2% |
| Intangible fixed assets | 21 | €3,468 | €2,968 | -€500 | -14.4% |
| Tangible fixed assets | 22/27 | €56,227 | €74,765 | +€18,538 | +33.0% |
| Plant, machinery and equipment | 23 | €16,994 | €11,737 | -€5,257 | -30.9% |
| Furniture and vehicles | 24 | €39,233 | €63,028 | +€23,795 | +60.6% |
| Current assets | 29/58 | €106,294 | €92,514 | -€13,780 | -13.0% |
| Amounts receivable within one year | 40/41 | €25,790 | €10,779 | -€15,011 | -58.2% |
| Trade receivables | 40 | €25,676 | €10,779 | -€14,896 | -58.0% |
| Other amounts receivable | 41 | €114 | - | -€114 | |
| Cash at bank and in hand | 54/58 | €80,229 | €81,735 | +€1,506 | +1.9% |
| Deferred charges and accrued income | 490/1 | €275 | - | -€275 | |
| Total equity and liabilities | 10/49 | €165,989 | €170,247 | +€4,258 | +2.6% |
| Equity | 10/15 | €140,176 | €50,173 | -€90,002 | -64.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €135,176 | €45,173 | -€90,002 | -66.6% |
| Distributable reserves | 133 | €135,176 | €45,173 | -€90,002 | -66.6% |
| Amounts payable | 17/49 | €25,813 | €120,074 | +€94,260 | +365% |
| Amounts payable within one year | 42/48 | €25,813 | €119,019 | +€93,206 | +361% |
| Trade debts | 44 | €8,191 | €8,030 | -€161 | -2.0% |
| Suppliers | 440/4 | €8,191 | €8,030 | -€161 | -2.0% |
| Taxes, remuneration and social security | 45 | €15,054 | €4,227 | -€10,828 | -71.9% |
| Taxes | 450/3 | €15,054 | €4,227 | -€10,828 | -71.9% |
| Other amounts payable | 47/48 | €2,568 | €106,763 | +€104,195 | +4,057% |
| Accrued charges and deferred income | 492/3 | - | €1,054 | +€1,054 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,815 | €23,436 | +€3,621 | +18.3% |
| Other operating charges | 640/8 | €1,094 | €4,220 | +€3,125 | +286% |
| Gross operating margin | 9900 | €51,074 | €83,711 | +€32,637 | +63.9% |
| Operating profit (loss) | 9901 | €30,164 | €56,055 | +€25,891 | +85.8% |
| Financial income | 75/76B | €0 | €92 | +€92 | +305,633% |
| Recurring financial income | 75 | €0 | €92 | +€92 | +305,633% |
| Financial charges | 65/66B | €479 | €162 | -€317 | -66.1% |
| Recurring financial charges | 65 | €479 | €162 | -€317 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | €29,685 | €55,984 | +€26,299 | +88.6% |
| Income taxes | 67/77 | €6,206 | €10,693 | +€4,487 | +72.3% |
| Profit (loss) for the period | 9904 | €23,480 | €45,292 | +€21,812 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,480 | €45,292 | +€21,812 | +92.9% |
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 23 October 2026 via checked.be.