Sam Electro Solutions: what changed
Two fiscal 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 Electro Solutions
Largest movements
- Cash -€64,540
down €64,540 (-26.9%), from €240,132 to €175,591
mainly Contributions, distributions and other (-€123,530) and Investment in fixed assets (net) (-€58,319)
- Tangible fixed assets +€37,824
up €37,824 (+111.1%), from €34,041 to €71,864
- Receivables within one year +€24,614
up €24,614 (+86.3%), from €28,515 to €53,129
of which Other amounts receivable: +€31,164
- Reserves -€75,100
down €75,100 (-57.3%), from €130,998 to €55,898
- Other debts +€45,229
up €45,229 (+57.8%), from €78,301 to €123,530
- Tax, wage and social debts +€27,730
up €27,730 (+81.1%), from €34,210 to €61,940
of which Taxes: +€24,000
- Staff costs +€66,905
up €66,905 (+2221.2%), from €3,012 to €69,917
- Gross operating margin +€44,020
up €44,020 (+33.3%), from €132,070 to €176,090
- Depreciation +€15,634
up €15,634 (+321.6%), from €4,861 to €20,495
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 | €303,509 | €303,241 | -€268 | -0.1% |
| Fixed assets | 21/28 | €34,041 | €71,864 | +€37,824 | +111.1% |
| Tangible fixed assets | 22/27 | €34,041 | €71,864 | +€37,824 | +111.1% |
| Furniture and vehicles | 24 | €34,041 | €71,864 | +€37,824 | +111.1% |
| Current assets | 29/58 | €269,468 | €231,376 | -€38,092 | -14.1% |
| Amounts receivable within one year | 40/41 | €28,515 | €53,129 | +€24,614 | +86.3% |
| Trade receivables | 40 | €23,227 | €16,676 | -€6,550 | -28.2% |
| Other amounts receivable | 41 | €5,289 | €36,453 | +€31,164 | +589.3% |
| Cash at bank and in hand | 54/58 | €240,132 | €175,591 | -€64,540 | -26.9% |
| Deferred charges and accrued income | 490/1 | €821 | €2,655 | +€1,835 | +223.5% |
| Total equity and liabilities | 10/49 | €303,509 | €303,241 | -€268 | -0.1% |
| Equity | 10/15 | €190,998 | €115,898 | -€75,100 | -39.3% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €130,998 | €55,898 | -€75,100 | -57.3% |
| Distributable reserves | 133 | €130,998 | €55,898 | -€75,100 | -57.3% |
| Amounts payable | 17/49 | €112,511 | €187,343 | +€74,832 | +66.5% |
| Amounts payable within one year | 42/48 | €112,511 | €187,343 | +€74,832 | +66.5% |
| Trade debts | 44 | - | €1,873 | +€1,873 | |
| Suppliers | 440/4 | - | €1,873 | +€1,873 | |
| Taxes, remuneration and social security | 45 | €34,210 | €61,940 | +€27,730 | +81.1% |
| Taxes | 450/3 | €34,210 | €58,210 | +€24,000 | +70.2% |
| Remuneration and social security | 454/9 | - | €3,730 | +€3,730 | |
| Other amounts payable | 47/48 | €78,301 | €123,530 | +€45,229 | +57.8% |
| Non-recurring operating income | 76A | €74,209 | - | -€74,209 | |
| Remuneration, social security and pensions | 62 | €3,012 | €69,917 | +€66,905 | +2221.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,861 | €20,495 | +€15,634 | +321.6% |
| Other operating charges | 640/8 | €577 | €1,538 | +€961 | +166.7% |
| Gross operating margin | 9900 | €132,070 | €176,090 | +€44,020 | +33.3% |
| Operating profit (loss) | 9901 | €123,620 | €84,139 | -€39,481 | -31.9% |
| Financial income | 75/76B | €50 | €0 | -€50 | -100.0% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -100.0% |
| Financial charges | 65/66B | €749 | €197 | -€552 | -73.7% |
| Recurring financial charges | 65 | €749 | €197 | -€552 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | €122,921 | €83,942 | -€38,979 | -31.7% |
| Income taxes | 67/77 | €34,210 | €35,512 | +€1,302 | +3.8% |
| Profit (loss) for the period | 9904 | €88,711 | €48,430 | -€40,281 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,711 | €48,430 | -€40,281 | -45.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.