SAMA-SAMA: 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.
SAMA-SAMA
Largest movements
- Tangible fixed assets -€18,831
down €18,831 (-12.2%), from €154,049 to €135,218
of which Other tangible fixed assets: -€11,065
- Cash +€8,995
up €8,995 (+37.1%), from €24,267 to €33,262
mainly Other debts (+€29,475) and Depreciation (+€21,074)
- Receivables within one year -€7,335
down €7,335 (-32.8%), from €22,346 to €15,011
of which Trade receivables: -€11,641
- Other debts +€29,475
up €29,475 (+52.8%), from €55,824 to €85,299
- Trade debts -€24,451
down €24,451 (-94.1%), from €25,998 to €1,546
- Debts after one year -€14,121
down €14,121 (-19.8%), from €71,444 to €57,323
- Profit (loss) carried forward +€11,243
up €11,243 (+56.3%), from -€19,971 to -€8,728
- Tax, wage and social debts -€10,083
down €10,083 (-26.7%), from €37,756 to €27,673
of which Remuneration and social security: -€15,361
- Gross operating margin +€49,522
up €49,522 (+18.0%), from €275,564 to €325,085
- Depreciation +€9,714
up €9,714 (+85.5%), from €11,360 to €21,074
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 | €213,202 | €195,834 | -€17,368 | -8.1% |
| Fixed assets | 21/28 | €159,749 | €141,834 | -€17,915 | -11.2% |
| Tangible fixed assets | 22/27 | €154,049 | €135,218 | -€18,831 | -12.2% |
| Land and buildings | 22 | €1,249 | €1,014 | -€235 | -18.8% |
| Plant, machinery and equipment | 23 | €43,183 | €35,652 | -€7,531 | -17.4% |
| Other tangible fixed assets | 26 | €109,618 | €98,552 | -€11,065 | -10.1% |
| Financial fixed assets | 28 | €5,700 | €6,616 | +€916 | +16.1% |
| Current assets | 29/58 | €53,453 | €54,000 | +€547 | +1.0% |
| Stocks and contracts in progress | 3 | €5,743 | €5,727 | -€16 | -0.3% |
| Stocks | 30/36 | €5,743 | €5,727 | -€16 | -0.3% |
| Amounts receivable within one year | 40/41 | €22,346 | €15,011 | -€7,335 | -32.8% |
| Trade receivables | 40 | €21,652 | €10,011 | -€11,641 | -53.8% |
| Other amounts receivable | 41 | €694 | €5,000 | +€4,306 | +620.4% |
| Cash at bank and in hand | 54/58 | €24,267 | €33,262 | +€8,995 | +37.1% |
| Deferred charges and accrued income | 490/1 | €1,096 | €0 | -€1,096 | -100.0% |
| Total equity and liabilities | 10/49 | €213,202 | €195,834 | -€17,368 | -8.1% |
| Equity | 10/15 | -€1,371 | €9,872 | +€11,243 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,971 | -€8,728 | +€11,243 | +56.3% |
| Amounts payable | 17/49 | €214,573 | €185,962 | -€28,611 | -13.3% |
| Amounts payable after more than one year | 17 | €71,444 | €57,323 | -€14,121 | -19.8% |
| Financial debts | 170/4 | €71,444 | €57,323 | -€14,121 | -19.8% |
| Amounts payable within one year | 42/48 | €133,130 | €128,639 | -€4,491 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €13,523 | €14,121 | +€598 | +4.4% |
| Financial debts | 43 | €29 | €0 | -€29 | -100.0% |
| Credit institutions | 430/8 | €29 | €0 | -€29 | -100.0% |
| Trade debts | 44 | €25,998 | €1,546 | -€24,451 | -94.1% |
| Suppliers | 440/4 | €25,998 | €1,546 | -€24,451 | -94.1% |
| Taxes, remuneration and social security | 45 | €37,756 | €27,673 | -€10,083 | -26.7% |
| Taxes | 450/3 | €14,018 | €19,296 | +€5,278 | +37.7% |
| Remuneration and social security | 454/9 | €23,738 | €8,377 | -€15,361 | -64.7% |
| Other amounts payable | 47/48 | €55,824 | €85,299 | +€29,475 | +52.8% |
| Accrued charges and deferred income | 492/3 | €10,000 | €0 | -€10,000 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €276,468 | €277,167 | +€699 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,360 | €21,074 | +€9,714 | +85.5% |
| Other operating charges | 640/8 | €5,089 | €7,063 | +€1,974 | +38.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €275,564 | €325,085 | +€49,522 | +18.0% |
| Operating profit (loss) | 9901 | -€17,353 | €19,781 | +€37,134 | |
| Financial income | 75/76B | €242 | €0 | -€242 | -100.0% |
| Recurring financial income | 75 | €242 | €0 | -€242 | -100.0% |
| Financial charges | 65/66B | €2,293 | €5,538 | +€3,245 | +141.5% |
| Recurring financial charges | 65 | €2,293 | €5,538 | +€3,245 | +141.5% |
| Profit (loss) for the period before taxes | 9903 | -€19,403 | €14,243 | +€33,646 | |
| Income taxes | 67/77 | - | €3,000 | +€3,000 | |
| Profit (loss) for the period | 9904 | -€19,403 | €11,243 | +€30,646 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,403 | €11,243 | +€30,646 |
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 9 October 2026 via checked.be.