SAM'S: 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'S
Largest movements
- Financial fixed assets +€4,200
new in 2024: €4,200
- Receivables within one year +€2,754
up €2,754 (+17.5%), from €15,698 to €18,451
of which Other amounts receivable: +€4,166
- Cash -€726
down €726 (-14.6%), from €4,977 to €4,251
mainly Investment in fixed assets (net) (-€4,200) and Receivables within one year (-€2,754)
- Trade debts +€11,115
up €11,115 (+3572.0%), from €311 to €11,426
- Other debts -€2,632
no longer reported in 2024 (was €2,632)
- Profit (loss) carried forward -€2,330
down €2,330 (-3.8%), from -€61,558 to -€63,888
- Gross operating margin -€3,480
down €3,480 (-4.6%), from €75,100 to €71,620
- Financial charges -€1,866
down €1,866 (-37.2%), from €5,021 to €3,155
- Staff costs +€971
up €971 (+1.4%), from €69,408 to €70,379
- Financial income +€929
up €929 (+459.9%), from €202 to €1,131
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.
Cash bridge derived
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 | €41,499 | €47,379 | +€5,879 | +14.2% |
| Fixed assets | 21/28 | €1,046 | €4,897 | +€3,852 | +368.4% |
| Tangible fixed assets | 22/27 | €1,046 | €697 | -€349 | -33.3% |
| Plant, machinery and equipment | 23 | €1,046 | €697 | -€349 | -33.3% |
| Financial fixed assets | 28 | - | €4,200 | +€4,200 | |
| Current assets | 29/58 | €40,454 | €42,482 | +€2,028 | +5.0% |
| Stocks and contracts in progress | 3 | €9,854 | €9,854 | = | 0.0% |
| Stocks | 30/36 | €9,854 | €9,854 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,698 | €18,451 | +€2,754 | +17.5% |
| Trade receivables | 40 | €1,476 | €64 | -€1,413 | -95.7% |
| Other amounts receivable | 41 | €14,221 | €18,388 | +€4,166 | +29.3% |
| Cash at bank and in hand | 54/58 | €4,977 | €4,251 | -€726 | -14.6% |
| Deferred charges and accrued income | 490/1 | €9,925 | €9,925 | = | 0.0% |
| Total equity and liabilities | 10/49 | €41,499 | €47,379 | +€5,879 | +14.2% |
| Equity | 10/15 | €25,830 | €23,500 | -€2,330 | -9.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €68,838 | €68,838 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €66,983 | €66,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,558 | -€63,888 | -€2,330 | -3.8% |
| Amounts payable | 17/49 | €15,669 | €23,879 | +€8,210 | +52.4% |
| Amounts payable within one year | 42/48 | €15,669 | €23,879 | +€8,210 | +52.4% |
| Trade debts | 44 | €311 | €11,426 | +€11,115 | +3572.0% |
| Suppliers | 440/4 | €311 | €11,426 | +€11,115 | +3572.0% |
| Taxes, remuneration and social security | 45 | €12,725 | €12,452 | -€273 | -2.1% |
| Taxes | 450/3 | €2,439 | €1,059 | -€1,380 | -56.6% |
| Remuneration and social security | 454/9 | €10,287 | €11,394 | +€1,107 | +10.8% |
| Other amounts payable | 47/48 | €2,632 | - | -€2,632 | |
| Remuneration, social security and pensions | 62 | €69,408 | €70,379 | +€971 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €375 | €349 | -€26 | -7.0% |
| Other operating charges | 640/8 | €482 | €1,198 | +€716 | +148.5% |
| Gross operating margin | 9900 | €75,100 | €71,620 | -€3,480 | -4.6% |
| Operating profit (loss) | 9901 | €4,836 | -€305 | -€5,142 | |
| Financial income | 75/76B | €202 | €1,131 | +€929 | +459.9% |
| Recurring financial income | 75 | €202 | €1,131 | +€929 | +459.9% |
| Financial charges | 65/66B | €5,021 | €3,155 | -€1,866 | -37.2% |
| Recurring financial charges | 65 | €5,021 | €3,155 | -€1,866 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €17 | -€2,330 | -€2,347 | |
| Profit (loss) for the period | 9904 | €17 | -€2,330 | -€2,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €17 | -€2,330 | -€2,347 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.