SAM MOTORS: 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 MOTORS
Largest movements
- Receivables within one year -€201,576
down €201,576 (-62.5%), from €322,562 to €120,986
of which Trade receivables: -€204,812
- Cash -€84,847
down €84,847 (-89.0%), from €95,323 to €10,476
mainly Trade debts (-€309,921) and Tax, wage and social debts (-€52,375)
- Stocks and contracts -€79,405
down €79,405 (-49.4%), from €160,724 to €81,320
- Trade debts -€309,921
down €309,921 (-87.2%), from €355,420 to €45,499
- Tax, wage and social debts -€52,375
down €52,375 (-77.1%), from €67,951 to €15,576
of which Remuneration and social security: -€47,010
- Profit (loss) carried forward +€15,486
up €15,486 (+67.2%), from €23,052 to €38,538
- Other debts -€11,836
down €11,836 (-9.9%), from €119,479 to €107,643
- Advances received -€6,300
down €6,300 (-63.0%), from €10,000 to €3,700
- Other operating charges +€6,292
up €6,292 (+93.0%), from €6,764 to €13,057
- Gross operating margin -€3,820
down €3,820 (-9.4%), from €40,588 to €36,768
- Taxes -€1,578
down €1,578 (-18.4%), from €8,577 to €6,999
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €578,902 | €213,956 | -€364,946 | -63.0% |
| Fixed assets | 21/28 | €293 | €1,174 | +€881 | +301% |
| Tangible fixed assets | 22/27 | €293 | €1,174 | +€881 | +301% |
| Furniture and vehicles | 24 | €293 | €1,174 | +€881 | +301% |
| Current assets | 29/58 | €578,609 | €212,782 | -€365,827 | -63.2% |
| Stocks and contracts in progress | 3 | €160,724 | €81,320 | -€79,405 | -49.4% |
| Stocks | 30/36 | €160,724 | €81,320 | -€79,405 | -49.4% |
| Amounts receivable within one year | 40/41 | €322,562 | €120,986 | -€201,576 | -62.5% |
| Trade receivables | 40 | €322,562 | €117,750 | -€204,812 | -63.5% |
| Other amounts receivable | 41 | - | €3,236 | +€3,236 | |
| Cash at bank and in hand | 54/58 | €95,323 | €10,476 | -€84,847 | -89.0% |
| Total equity and liabilities | 10/49 | €578,902 | €213,956 | -€364,946 | -63.0% |
| Equity | 10/15 | €26,052 | €41,538 | +€15,486 | +59.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,052 | €38,538 | +€15,486 | +67.2% |
| Amounts payable | 17/49 | €552,850 | €172,418 | -€380,432 | -68.8% |
| Amounts payable within one year | 42/48 | €552,850 | €172,418 | -€380,432 | -68.8% |
| Trade debts | 44 | €355,420 | €45,499 | -€309,921 | -87.2% |
| Suppliers | 440/4 | €355,420 | €45,499 | -€309,921 | -87.2% |
| Advances received on contracts in progress | 46 | €10,000 | €3,700 | -€6,300 | -63.0% |
| Taxes, remuneration and social security | 45 | €67,951 | €15,576 | -€52,375 | -77.1% |
| Taxes | 450/3 | €20,941 | €15,576 | -€5,365 | -25.6% |
| Remuneration and social security | 454/9 | €47,010 | - | -€47,010 | |
| Other amounts payable | 47/48 | €119,479 | €107,643 | -€11,836 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136 | €362 | +€226 | +167% |
| Other operating charges | 640/8 | €6,764 | €13,057 | +€6,292 | +93.0% |
| Non-recurring operating charges | 66A | €1,192 | - | -€1,192 | |
| Gross operating margin | 9900 | €40,588 | €36,768 | -€3,820 | -9.4% |
| Operating profit (loss) | 9901 | €32,495 | €23,349 | -€9,146 | -28.1% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €866 | €864 | -€2 | -0.2% |
| Recurring financial charges | 65 | €866 | €864 | -€2 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €31,629 | €22,485 | -€9,144 | -28.9% |
| Income taxes | 67/77 | €8,577 | €6,999 | -€1,578 | -18.4% |
| Profit (loss) for the period | 9904 | €23,052 | €15,486 | -€7,566 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,052 | €15,486 | -€7,566 | -32.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.