SAM - O - KA: 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 - O - KA
Largest movements
- Intangible fixed assets +€570,697
new in 2025: €570,697
- Receivables within one year +€136,993
up €136,993 (+424%), from €32,299 to €169,291
of which Other amounts receivable: +€109,583
- Stocks and contracts -€130,000
no longer reported in 2025 (was €130,000)
- Trade debts +€328,664
up €328,664 (+1,450%), from €22,671 to €351,336
- Debts after one year +€248,707
up €248,707 (+1,084%), from €22,938 to €271,645
- Other debts -€97,588
no longer reported in 2025 (was €97,588)
- Current portion of long-term debt +€44,633
up €44,633 (+236%), from €18,912 to €63,545
- Profit (loss) carried forward +€33,663
up €33,663, from -€5,058 to €28,605
- Gross operating margin +€61,831
up €61,831 (+171%), from €36,096 to €97,927
- Depreciation +€29,475
up €29,475 (+255,861%), from €12 to €29,487
- Staff costs +€12,072
new in 2025: €12,072
- Taxes +€10,121
new in 2025: €10,121
- Financial charges +€9,379
up €9,379 (+473%), from €1,982 to €11,361
of which Financial charges: +€6,733
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 | €175,762 | €750,938 | +€575,176 | +327% |
| Fixed assets | 21/28 | €2,038 | €572,552 | +€570,513 | +27,987% |
| Intangible fixed assets | 21 | - | €570,697 | +€570,697 | |
| Tangible fixed assets | 22/27 | €538 | €355 | -€183 | -34.0% |
| Furniture and vehicles | 24 | €538 | €355 | -€183 | -34.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €173,724 | €178,387 | +€4,663 | +2.7% |
| Stocks and contracts in progress | 3 | €130,000 | - | -€130,000 | |
| Stocks | 30/36 | €130,000 | - | -€130,000 | |
| Amounts receivable within one year | 40/41 | €32,299 | €169,291 | +€136,993 | +424% |
| Trade receivables | 40 | €23,696 | €51,106 | +€27,410 | +116% |
| Other amounts receivable | 41 | €8,603 | €118,186 | +€109,583 | +1,274% |
| Cash at bank and in hand | 54/58 | €11,425 | €9,095 | -€2,330 | -20.4% |
| Total equity and liabilities | 10/49 | €175,762 | €750,938 | +€575,176 | +327% |
| Equity | 10/15 | €13,653 | €47,317 | +€33,663 | +247% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112 | €112 | = | 0.0% |
| Non-distributable reserves | 130/1 | €112 | €112 | = | 0.0% |
| Reserves not available under the articles | 1311 | €112 | €112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,058 | €28,605 | +€33,663 | |
| Amounts payable | 17/49 | €162,109 | €703,622 | +€541,513 | +334% |
| Amounts payable after more than one year | 17 | €22,938 | €271,645 | +€248,707 | +1,084% |
| Financial debts | 170/4 | €22,938 | €271,645 | +€248,707 | +1,084% |
| Amounts payable within one year | 42/48 | €139,171 | €431,977 | +€292,806 | +210% |
| Current portion of amounts payable after more than one year | 42 | €18,912 | €63,545 | +€44,633 | +236% |
| Trade debts | 44 | €22,671 | €351,336 | +€328,664 | +1,450% |
| Suppliers | 440/4 | €22,671 | €351,336 | +€328,664 | +1,450% |
| Taxes, remuneration and social security | 45 | - | €17,096 | +€17,096 | |
| Taxes | 450/3 | - | €13,928 | +€13,928 | |
| Remuneration and social security | 454/9 | - | €3,168 | +€3,168 | |
| Other amounts payable | 47/48 | €97,588 | - | -€97,588 | |
| Remuneration, social security and pensions | 62 | - | €12,072 | +€12,072 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12 | €29,487 | +€29,475 | +255,861% |
| Other operating charges | 640/8 | €1,028 | €1,420 | +€392 | +38.1% |
| Gross operating margin | 9900 | €36,096 | €97,927 | +€61,831 | +171% |
| Operating profit (loss) | 9901 | €35,056 | €54,948 | +€19,892 | +56.7% |
| Financial income | 75/76B | €35 | €197 | +€162 | +461% |
| Recurring financial income | 75 | €35 | €197 | +€162 | +461% |
| Financial charges | 65/66B | €1,982 | €11,361 | +€9,379 | +473% |
| Recurring financial charges | 65 | €1,982 | €8,715 | +€6,733 | +340% |
| Non-recurring financial charges | 66B | - | €2,646 | +€2,646 | |
| Profit (loss) for the period before taxes | 9903 | €33,110 | €43,784 | +€10,675 | +32.2% |
| Income taxes | 67/77 | - | €10,121 | +€10,121 | |
| Profit (loss) for the period | 9904 | €33,110 | €33,663 | +€554 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,110 | €33,663 | +€554 | +1.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.