Sam Thom: 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 Thom
Largest movements
- Current investments +€23,500
up €23,500 (+42.0%), from €56,000 to €79,500
- Cash +€5,354
up €5,354 (+2.6%), from €207,793 to €213,147
mainly Net result for the year (+€313,399) and Other debts (+€22,014)
- Receivables within one year -€3,630
down €3,630 (-7.7%), from €47,273 to €43,643
of which Other amounts receivable: -€2,791
- Other debts +€22,014
up €22,014 (+7.0%), from €315,338 to €337,352
- Gross operating margin +€18,072
up €18,072 (+4.5%), from €397,703 to €415,776
- Financial income +€4,910
up €4,910 (+542.2%), from €906 to €5,816
- Taxes +€4,264
up €4,264 (+4.3%), from €100,238 to €104,503
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 | €318,862 | €342,917 | +€24,055 | +7.5% |
| Fixed assets | 21/28 | €1,294 | €863 | -€431 | -33.3% |
| Tangible fixed assets | 22/27 | €1,294 | €863 | -€431 | -33.3% |
| Plant, machinery and equipment | 23 | €1,294 | €863 | -€431 | -33.3% |
| Current assets | 29/58 | €317,568 | €342,055 | +€24,486 | +7.7% |
| Amounts receivable within one year | 40/41 | €47,273 | €43,643 | -€3,630 | -7.7% |
| Trade receivables | 40 | €39,240 | €38,401 | -€839 | -2.1% |
| Other amounts receivable | 41 | €8,033 | €5,242 | -€2,791 | -34.7% |
| Current investments | 50/53 | €56,000 | €79,500 | +€23,500 | +42.0% |
| Cash at bank and in hand | 54/58 | €207,793 | €213,147 | +€5,354 | +2.6% |
| Deferred charges and accrued income | 490/1 | €6,503 | €5,765 | -€738 | -11.3% |
| Total equity and liabilities | 10/49 | €318,862 | €342,917 | +€24,055 | +7.5% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €316,862 | €340,917 | +€24,055 | +7.6% |
| Amounts payable within one year | 42/48 | €316,862 | €340,917 | +€24,055 | +7.6% |
| Trade debts | 44 | €24 | €2,051 | +€2,027 | +8379.2% |
| Suppliers | 440/4 | €24 | €2,051 | +€2,027 | +8379.2% |
| Taxes, remuneration and social security | 45 | €1,500 | €1,514 | +€14 | +0.9% |
| Taxes | 450/3 | €1,500 | €1,514 | +€14 | +0.9% |
| Other amounts payable | 47/48 | €315,338 | €337,352 | +€22,014 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €691 | €431 | -€259 | -37.5% |
| Other operating charges | 640/8 | €763 | €762 | -€1 | -0.2% |
| Gross operating margin | 9900 | €397,703 | €415,776 | +€18,072 | +4.5% |
| Operating profit (loss) | 9901 | €396,250 | €414,583 | +€18,333 | +4.6% |
| Financial income | 75/76B | €906 | €5,816 | +€4,910 | +542.2% |
| Recurring financial income | 75 | €906 | €5,816 | +€4,910 | +542.2% |
| Financial charges | 65/66B | €2,370 | €2,496 | +€126 | +5.3% |
| Recurring financial charges | 65 | €2,370 | €2,496 | +€126 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €394,785 | €417,902 | +€23,117 | +5.9% |
| Income taxes | 67/77 | €100,238 | €104,503 | +€4,264 | +4.3% |
| Profit (loss) for the period | 9904 | €294,547 | €313,399 | +€18,853 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €294,547 | €313,399 | +€18,853 | +6.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.