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
- Cash -€26,720
down €26,720 (-49.0%), from €54,485 to €27,766
mainly Net result for the year (-€39,115) and Contributions, distributions and other (-€37,426)
- Tangible fixed assets -€17,698
down €17,698 (-37.9%), from €46,741 to €29,042
- Receivables within one year +€7,072
up €7,072 (+48.1%), from €14,697 to €21,769
of which Other amounts receivable: +€7,749
- Reserves -€71,915
down €71,915 (-80.0%), from €89,866 to €17,952
- Other debts +€41,917
new in 2025: €41,917
- Profit (loss) carried forward -€4,626
new in 2025: -€4,626
- Tax, wage and social debts -€1,517
down €1,517 (-5.7%), from €26,585 to €25,068
of which Taxes: -€3,963
- Trade debts -€1,357
down €1,357 (-19.0%), from €7,156 to €5,799
- Gross operating margin -€27,397
down €27,397 (-12.3%), from €222,759 to €195,362
- Staff costs +€24,857
up €24,857 (+13.1%), from €189,648 to €214,505
- Taxes -€3,056
down €3,056 (-90.7%), from €3,368 to €313
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 | €129,808 | €92,309 | -€37,498 | -28.9% |
| Fixed assets | 21/28 | €46,741 | €29,042 | -€17,698 | -37.9% |
| Tangible fixed assets | 22/27 | €46,741 | €29,042 | -€17,698 | -37.9% |
| Plant, machinery and equipment | 23 | €18,194 | €9,708 | -€8,486 | -46.6% |
| Furniture and vehicles | 24 | €9,648 | €7,005 | -€2,643 | -27.4% |
| Other tangible fixed assets | 26 | €18,899 | €12,329 | -€6,570 | -34.8% |
| Current assets | 29/58 | €83,067 | €63,267 | -€19,800 | -23.8% |
| Stocks and contracts in progress | 3 | €12,150 | €12,000 | -€150 | -1.2% |
| Stocks | 30/36 | €12,150 | €12,000 | -€150 | -1.2% |
| Amounts receivable within one year | 40/41 | €14,697 | €21,769 | +€7,072 | +48.1% |
| Trade receivables | 40 | €2,516 | €1,838 | -€677 | -26.9% |
| Other amounts receivable | 41 | €12,182 | €19,931 | +€7,749 | +63.6% |
| Cash at bank and in hand | 54/58 | €54,485 | €27,766 | -€26,720 | -49.0% |
| Deferred charges and accrued income | 490/1 | €1,734 | €1,732 | -€2 | -0.1% |
| Total equity and liabilities | 10/49 | €129,808 | €92,309 | -€37,498 | -28.9% |
| Equity | 10/15 | €96,066 | €19,526 | -€76,540 | -79.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,866 | €17,952 | -€71,915 | -80.0% |
| Distributable reserves | 133 | €89,866 | €17,952 | -€71,915 | -80.0% |
| Profit (loss) carried forward | 14 | - | -€4,626 | -€4,626 | |
| Amounts payable | 17/49 | €33,741 | €72,783 | +€39,042 | +115.7% |
| Amounts payable within one year | 42/48 | €33,741 | €72,783 | +€39,042 | +115.7% |
| Trade debts | 44 | €7,156 | €5,799 | -€1,357 | -19.0% |
| Suppliers | 440/4 | €7,156 | €5,799 | -€1,357 | -19.0% |
| Taxes, remuneration and social security | 45 | €26,585 | €25,068 | -€1,517 | -5.7% |
| Taxes | 450/3 | €14,943 | €10,980 | -€3,963 | -26.5% |
| Remuneration and social security | 454/9 | €11,642 | €14,088 | +€2,446 | +21.0% |
| Other amounts payable | 47/48 | - | €41,917 | +€41,917 | |
| Remuneration, social security and pensions | 62 | €189,648 | €214,505 | +€24,857 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,205 | €17,698 | +€493 | +2.9% |
| Other operating charges | 640/8 | €1,899 | €1,475 | -€424 | -22.3% |
| Non-recurring operating charges | 66A | €5,820 | - | -€5,820 | |
| Gross operating margin | 9900 | €222,759 | €195,362 | -€27,397 | -12.3% |
| Operating profit (loss) | 9901 | €8,187 | -€38,316 | -€46,503 | |
| Financial income | 75/76B | €499 | €489 | -€10 | -2.0% |
| Recurring financial income | 75 | €499 | €489 | -€10 | -2.0% |
| Financial charges | 65/66B | €1,785 | €975 | -€810 | -45.4% |
| Recurring financial charges | 65 | €1,785 | €975 | -€810 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €6,901 | -€38,802 | -€45,703 | |
| Income taxes | 67/77 | €3,368 | €313 | -€3,056 | -90.7% |
| Profit (loss) for the period | 9904 | €3,533 | -€39,115 | -€42,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,533 | -€39,115 | -€42,647 |
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 1 October 2026 via checked.be.