SAM TOITURES: 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 TOITURES
Largest movements
- Tangible fixed assets +€55,028
up €55,028 (+36.8%), from €149,678 to €204,705
of which Land and buildings: +€46,336
- Cash +€14,597
up €14,597 (+54.4%), from €26,814 to €41,411
mainly Debts after one year (+€41,818) and Net result for the year (+€11,216)
- Receivables within one year -€2,839
down €2,839 (-26.0%), from €10,926 to €8,087
of which Other amounts receivable: -€7,208
- Debts after one year +€41,818
up €41,818 (+47.2%), from €88,518 to €130,335
- Reserves +€11,216
new in 2025: €11,216
- Current portion of long-term debt +€8,401
up €8,401 (+137.8%), from €6,096 to €14,498
- Other debts +€4,815
up €4,815 (+9.8%), from €48,929 to €53,743
- Trade debts -€3,688
down €3,688 (-23.3%), from €15,800 to €12,112
- Gross operating margin +€14,477
up €14,477 (+100.2%), from €14,451 to €28,928
- Taxes +€3,474
up €3,474 (+453.9%), from €765 to €4,240
- Financial charges +€2,545
up €2,545 (+68.3%), from €3,727 to €6,273
- Other operating charges +€314
up €314 (+63.1%), from €498 to €812
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 | €193,764 | €259,763 | +€65,999 | +34.1% |
| Fixed assets | 21/28 | €149,678 | €204,705 | +€55,028 | +36.8% |
| Tangible fixed assets | 22/27 | €149,678 | €204,705 | +€55,028 | +36.8% |
| Land and buildings | 22 | €148,999 | €195,335 | +€46,336 | +31.1% |
| Plant, machinery and equipment | 23 | €678 | - | -€678 | |
| Furniture and vehicles | 24 | - | €9,370 | +€9,370 | |
| Current assets | 29/58 | €44,086 | €55,058 | +€10,972 | +24.9% |
| Stocks and contracts in progress | 3 | €5,350 | €4,500 | -€850 | -15.9% |
| Stocks | 30/36 | €5,350 | €4,500 | -€850 | -15.9% |
| Amounts receivable within one year | 40/41 | €10,926 | €8,087 | -€2,839 | -26.0% |
| Trade receivables | 40 | €2,968 | €7,337 | +€4,369 | +147.2% |
| Other amounts receivable | 41 | €7,958 | €750 | -€7,208 | -90.6% |
| Cash at bank and in hand | 54/58 | €26,814 | €41,411 | +€14,597 | +54.4% |
| Deferred charges and accrued income | 490/1 | €997 | €1,060 | +€63 | +6.3% |
| Total equity and liabilities | 10/49 | €193,764 | €259,763 | +€65,999 | +34.1% |
| Equity | 10/15 | €33,643 | €44,860 | +€11,216 | +33.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €11,216 | +€11,216 | |
| Distributable reserves | 133 | - | €11,216 | +€11,216 | |
| Profit (loss) carried forward | 14 | €18,643 | €18,643 | = | 0.0% |
| Amounts payable | 17/49 | €160,120 | €214,903 | +€54,783 | +34.2% |
| Amounts payable after more than one year | 17 | €88,518 | €130,335 | +€41,818 | +47.2% |
| Financial debts | 170/4 | €88,518 | €130,335 | +€41,818 | +47.2% |
| Amounts payable within one year | 42/48 | €71,590 | €84,568 | +€12,978 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €6,096 | €14,498 | +€8,401 | +137.8% |
| Trade debts | 44 | €15,800 | €12,112 | -€3,688 | -23.3% |
| Suppliers | 440/4 | €15,800 | €12,112 | -€3,688 | -23.3% |
| Taxes, remuneration and social security | 45 | €765 | €4,215 | +€3,450 | +450.8% |
| Taxes | 450/3 | €765 | €4,215 | +€3,450 | +450.8% |
| Other amounts payable | 47/48 | €48,929 | €53,743 | +€4,815 | +9.8% |
| Accrued charges and deferred income | 492/3 | €13 | - | -€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,399 | €6,388 | -€12 | -0.2% |
| Other operating charges | 640/8 | €498 | €812 | +€314 | +63.1% |
| Gross operating margin | 9900 | €14,451 | €28,928 | +€14,477 | +100.2% |
| Operating profit (loss) | 9901 | €7,554 | €21,729 | +€14,174 | +187.6% |
| Financial charges | 65/66B | €3,727 | €6,273 | +€2,545 | +68.3% |
| Recurring financial charges | 65 | €3,727 | €6,273 | +€2,545 | +68.3% |
| Profit (loss) for the period before taxes | 9903 | €3,827 | €15,456 | +€11,629 | +303.9% |
| Income taxes | 67/77 | €765 | €4,240 | +€3,474 | +453.9% |
| Profit (loss) for the period | 9904 | €3,062 | €11,216 | +€8,155 | +266.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,062 | €11,216 | +€8,155 | +266.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.