SAMAGO: 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.
SAMAGO
Largest movements
- Cash +€23,798
up €23,798 (+46.1%), from €51,674 to €75,472
mainly Depreciation (+€21,095) and Debts after one year (+€18,531)
- Tangible fixed assets -€19,845
down €19,845 (-28.8%), from €68,874 to €49,029
- Trade debts -€32,471
down €32,471 (-94.7%), from €34,299 to €1,828
- Debts after one year +€18,531
up €18,531 (+585.1%), from €3,167 to €21,698
- Other debts +€15,944
up €15,944 (+143.3%), from €11,127 to €27,071
- Accrued charges and deferred income +€1,466
new in 2025: €1,466
- Depreciation +€8,023
up €8,023 (+61.4%), from €13,072 to €21,095
- Gross operating margin -€4,791
down €4,791 (-16.1%), from €29,669 to €24,878
- Taxes -€3,483
down €3,483 (-87.3%), from €3,990 to €507
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 | €123,291 | €127,125 | +€3,833 | +3.1% |
| Fixed assets | 21/28 | €68,874 | €49,029 | -€19,845 | -28.8% |
| Tangible fixed assets | 22/27 | €68,874 | €49,029 | -€19,845 | -28.8% |
| Plant, machinery and equipment | 23 | €4,314 | €3,522 | -€792 | -18.4% |
| Furniture and vehicles | 24 | €46,085 | €36,200 | -€9,885 | -21.5% |
| Leasing and similar rights | 25 | €11,205 | €2,701 | -€8,504 | -75.9% |
| Other tangible fixed assets | 26 | €7,270 | €6,607 | -€663 | -9.1% |
| Current assets | 29/58 | €54,417 | €78,095 | +€23,678 | +43.5% |
| Stocks and contracts in progress | 3 | €624 | €534 | -€90 | -14.4% |
| Stocks | 30/36 | €624 | €534 | -€90 | -14.4% |
| Amounts receivable within one year | 40/41 | €1,991 | €2,090 | +€98 | +4.9% |
| Trade receivables | 40 | €901 | €2,090 | +€1,189 | +132.0% |
| Other amounts receivable | 41 | €1,091 | - | -€1,091 | |
| Cash at bank and in hand | 54/58 | €51,674 | €75,472 | +€23,798 | +46.1% |
| Deferred charges and accrued income | 490/1 | €129 | - | -€129 | |
| Total equity and liabilities | 10/49 | €123,291 | €127,125 | +€3,833 | +3.1% |
| Equity | 10/15 | €61,111 | €61,747 | +€637 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,911 | €55,547 | +€637 | +1.2% |
| Amounts payable | 17/49 | €62,181 | €65,377 | +€3,197 | +5.1% |
| Amounts payable after more than one year | 17 | €3,167 | €21,698 | +€18,531 | +585.1% |
| Financial debts | 170/4 | €3,167 | €21,698 | +€18,531 | +585.1% |
| Amounts payable within one year | 42/48 | €59,014 | €42,213 | -€16,801 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €9,434 | €9,519 | +€85 | +0.9% |
| Trade debts | 44 | €34,299 | €1,828 | -€32,471 | -94.7% |
| Suppliers | 440/4 | €34,299 | €1,828 | -€32,471 | -94.7% |
| Taxes, remuneration and social security | 45 | €4,154 | €3,796 | -€358 | -8.6% |
| Taxes | 450/3 | €4,154 | €3,796 | -€358 | -8.6% |
| Other amounts payable | 47/48 | €11,127 | €27,071 | +€15,944 | +143.3% |
| Accrued charges and deferred income | 492/3 | - | €1,466 | +€1,466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,072 | €21,095 | +€8,023 | +61.4% |
| Other operating charges | 640/8 | €564 | €547 | -€18 | -3.2% |
| Gross operating margin | 9900 | €29,669 | €24,878 | -€4,791 | -16.1% |
| Operating profit (loss) | 9901 | €16,033 | €3,237 | -€12,796 | -79.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +4950.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +4950.0% |
| Financial charges | 65/66B | €1,555 | €1,549 | -€6 | -0.4% |
| Recurring financial charges | 65 | €1,555 | €1,549 | -€6 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €14,478 | €1,689 | -€12,789 | -88.3% |
| Income taxes | 67/77 | €3,990 | €507 | -€3,483 | -87.3% |
| Profit (loss) for the period | 9904 | €10,488 | €1,182 | -€9,306 | -88.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,488 | €1,182 | -€9,306 | -88.7% |
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.