SAM PROJECT: 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 PROJECT
Largest movements
- Cash +€3,774
up €3,774 (+85.8%), from €4,401 to €8,175
mainly Contributions, distributions and other (+€7,500) and Tax, wage and social debts (+€4,279)
- Tangible fixed assets +€1,446
new in 2024: €1,446
- Financial fixed assets +€100
new in 2024: €100
- Contributions +€7,500
up €7,500 (+300%), from €2,500 to €10,000
- Profit (loss) carried forward -€5,557
down €5,557 (-135%), from -€4,131 to -€9,688
- Tax, wage and social debts +€4,279
up €4,279 (+748%), from €572 to €4,851
of which Remuneration and social security: +€3,644
- Trade debts -€584
down €584 (-17.1%), from €3,412 to €2,828
- Accrued charges and deferred income -€250
down €250 (-14.3%), from €1,750 to €1,500
- Staff costs +€4,096
new in 2024: €4,096
- Gross operating margin +€3,887
up €3,887 (+94.4%), from -€4,116 to -€229
- Other operating charges +€938
new in 2024: €938
- Taxes +€150
new in 2024: €150
- Depreciation +€82
new in 2024: €82
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 | €4,401 | €9,721 | +€5,321 | +121% |
| Fixed assets | 21/28 | - | €1,546 | +€1,546 | |
| Tangible fixed assets | 22/27 | - | €1,446 | +€1,446 | |
| Plant, machinery and equipment | 23 | - | €1,446 | +€1,446 | |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €4,401 | €8,175 | +€3,774 | +85.8% |
| Cash at bank and in hand | 54/58 | €4,401 | €8,175 | +€3,774 | +85.8% |
| Total equity and liabilities | 10/49 | €4,401 | €9,721 | +€5,321 | +121% |
| Equity | 10/15 | -€1,631 | €312 | +€1,943 | |
| Contributions | 10/11 | €2,500 | €10,000 | +€7,500 | +300% |
| Profit (loss) carried forward | 14 | -€4,131 | -€9,688 | -€5,557 | -135% |
| Amounts payable | 17/49 | €6,032 | €9,409 | +€3,377 | +56.0% |
| Amounts payable within one year | 42/48 | €4,282 | €7,909 | +€3,627 | +84.7% |
| Trade debts | 44 | €3,412 | €2,828 | -€584 | -17.1% |
| Suppliers | 440/4 | €3,412 | €2,828 | -€584 | -17.1% |
| Taxes, remuneration and social security | 45 | €572 | €4,851 | +€4,279 | +748% |
| Taxes | 450/3 | €572 | €1,207 | +€635 | +111% |
| Remuneration and social security | 454/9 | - | €3,644 | +€3,644 | |
| Other amounts payable | 47/48 | €298 | €230 | -€68 | -22.9% |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,500 | -€250 | -14.3% |
| Remuneration, social security and pensions | 62 | - | €4,096 | +€4,096 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €82 | +€82 | |
| Other operating charges | 640/8 | - | €938 | +€938 | |
| Gross operating margin | 9900 | -€4,116 | -€229 | +€3,887 | +94.4% |
| Operating profit (loss) | 9901 | -€4,116 | -€5,345 | -€1,229 | -29.8% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €15 | €68 | +€53 | +356% |
| Recurring financial charges | 65 | €15 | €68 | +€53 | +356% |
| Profit (loss) for the period before taxes | 9903 | -€4,131 | -€5,407 | -€1,275 | -30.9% |
| Income taxes | 67/77 | - | €150 | +€150 | |
| Profit (loss) for the period | 9904 | -€4,131 | -€5,557 | -€1,425 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,131 | -€5,557 | -€1,425 | -34.5% |
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 13 October 2026 via checked.be.