SAM SERVICES: what changed
SAM SERVICES
Largest movements
- Cash -€53,575
down €53,575 (-91.3%), from €58,705 to €5,130
mainly Receivables within one year (-€40,527) and Tax, wage and social debts (-€17,106)
- Receivables within one year +€40,527
up €40,527 (+165%), from €24,553 to €65,081
of which Trade receivables: +€30,887
- Tangible fixed assets +€2,740
up €2,740 (+349%), from €786 to €3,526
of which Plant, machinery and equipment: +€2,880
- Tax, wage and social debts -€17,106
down €17,106 (-100%), from €17,106 to €0
- Trade debts +€4,557
new in 2025: €4,557
- Reserves +€2,881
up €2,881 (+6.3%), from €46,015 to €48,897
- Gross operating margin -€18,965
down €18,965 (-78.1%), from €24,287 to €5,322
- Taxes -€3,721
down €3,721 (-72.9%), from €5,106 to €1,385
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,393 | €74,726 | -€9,667 | -11.5% |
| Fixed assets | 21/28 | €786 | €3,526 | +€2,740 | +349% |
| Tangible fixed assets | 22/27 | €786 | €3,526 | +€2,740 | +349% |
| Plant, machinery and equipment | 23 | - | €2,880 | +€2,880 | |
| Furniture and vehicles | 24 | €786 | €646 | -€139 | -17.7% |
| Current assets | 29/58 | €83,608 | €71,200 | -€12,408 | -14.8% |
| Amounts receivable within one year | 40/41 | €24,553 | €65,081 | +€40,527 | +165% |
| Trade receivables | 40 | €15,314 | €46,201 | +€30,887 | +202% |
| Other amounts receivable | 41 | €9,239 | €18,880 | +€9,640 | +104% |
| Cash at bank and in hand | 54/58 | €58,705 | €5,130 | -€53,575 | -91.3% |
| Deferred charges and accrued income | 490/1 | €349 | €989 | +€640 | +183% |
| Total equity and liabilities | 10/49 | €84,393 | €74,726 | -€9,667 | -11.5% |
| Equity | 10/15 | €67,288 | €70,169 | +€2,881 | +4.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €46,015 | €48,897 | +€2,881 | +6.3% |
| Distributable reserves | 133 | €46,015 | €48,897 | +€2,881 | +6.3% |
| Profit (loss) carried forward | 14 | €18,772 | €18,772 | = | 0.0% |
| Amounts payable | 17/49 | €17,106 | €4,557 | -€12,549 | -73.4% |
| Amounts payable within one year | 42/48 | €17,106 | €4,557 | -€12,549 | -73.4% |
| Trade debts | 44 | - | €4,557 | +€4,557 | |
| Suppliers | 440/4 | - | €4,557 | +€4,557 | |
| Taxes, remuneration and social security | 45 | €17,106 | €0 | -€17,106 | -100% |
| Taxes | 450/3 | €17,106 | €0 | -€17,106 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €459 | €609 | +€149 | +32.5% |
| Other operating charges | 640/8 | €370 | €317 | -€52 | -14.1% |
| Non-recurring operating charges | 66A | - | €586 | +€586 | |
| Gross operating margin | 9900 | €24,287 | €5,322 | -€18,965 | -78.1% |
| Operating profit (loss) | 9901 | €23,458 | €3,810 | -€19,648 | -83.8% |
| Financial income | 75/76B | €471 | €503 | +€32 | +6.9% |
| Recurring financial income | 75 | €471 | €503 | +€32 | +6.9% |
| Financial charges | 65/66B | €50 | €46 | -€4 | -8.2% |
| Recurring financial charges | 65 | €50 | €46 | -€4 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €23,878 | €4,267 | -€19,611 | -82.1% |
| Income taxes | 67/77 | €5,106 | €1,385 | -€3,721 | -72.9% |
| Profit (loss) for the period | 9904 | €18,772 | €2,881 | -€15,891 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,772 | €2,881 | -€15,891 | -84.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.