SAMAGREEN: what changed
Two fiscal 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.
SAMAGREEN
Largest movements
- Receivables within one year +€87,424
up €87,424 (+39.7%), from €220,367 to €307,792
of which Trade receivables: +€87,677
- Cash +€59,985
up €59,985 (+10.3%), from €584,539 to €644,524
mainly Net result for the year (+€91,911) and Other debts (+€30,000)
- Tangible fixed assets -€24,250
down €24,250 (-43.6%), from €55,643 to €31,393
of which Furniture and vehicles: -€24,040
- Stocks and contracts -€18,005
down €18,005 (-30.3%), from €59,346 to €41,341
- Reserves +€40,000
up €40,000 (+8.2%), from €488,855 to €528,855
- Other debts +€30,000
new in 2025: €30,000
- Profit (loss) carried forward +€21,911
up €21,911 (+5.6%), from €394,747 to €416,657
- Gross operating margin +€60,242
up €60,242 (+36.3%), from €166,079 to €226,321
- Financial income -€21,157
down €21,157 (-89.4%), from €23,678 to €2,521
- Write-downs +€19,866
up €19,866, from -€17,099 to €2,768
- Taxes +€5,266
up €5,266 (+16.0%), from €33,003 to €38,269
- Staff costs +€2,310
up €2,310 (+3.8%), from €60,267 to €62,576
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 | €927,553 | €1,028,944 | +€101,391 | +10.9% |
| Fixed assets | 21/28 | €55,643 | €31,393 | -€24,250 | -43.6% |
| Tangible fixed assets | 22/27 | €55,643 | €31,393 | -€24,250 | -43.6% |
| Furniture and vehicles | 24 | €53,997 | €29,956 | -€24,040 | -44.5% |
| Other tangible fixed assets | 26 | €1,647 | €1,437 | -€210 | -12.8% |
| Current assets | 29/58 | €871,910 | €997,551 | +€125,641 | +14.4% |
| Stocks and contracts in progress | 3 | €59,346 | €41,341 | -€18,005 | -30.3% |
| Stocks | 30/36 | €59,346 | €41,341 | -€18,005 | -30.3% |
| Amounts receivable within one year | 40/41 | €220,367 | €307,792 | +€87,424 | +39.7% |
| Trade receivables | 40 | €219,935 | €307,613 | +€87,677 | +39.9% |
| Other amounts receivable | 41 | €432 | €179 | -€253 | -58.6% |
| Cash at bank and in hand | 54/58 | €584,539 | €644,524 | +€59,985 | +10.3% |
| Deferred charges and accrued income | 490/1 | €7,657 | €3,894 | -€3,763 | -49.1% |
| Total equity and liabilities | 10/49 | €927,553 | €1,028,944 | +€101,391 | +10.9% |
| Equity | 10/15 | €893,602 | €955,512 | +€61,911 | +6.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €488,855 | €528,855 | +€40,000 | +8.2% |
| Distributable reserves | 133 | €488,855 | €528,855 | +€40,000 | +8.2% |
| Profit (loss) carried forward | 14 | €394,747 | €416,657 | +€21,911 | +5.6% |
| Amounts payable | 17/49 | €33,951 | €73,431 | +€39,480 | +116.3% |
| Amounts payable within one year | 42/48 | €30,451 | €71,231 | +€40,780 | +133.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7,879 | €14,568 | +€6,689 | +84.9% |
| Suppliers | 440/4 | €7,879 | €14,568 | +€6,689 | +84.9% |
| Taxes, remuneration and social security | 45 | €22,572 | €26,663 | +€4,091 | +18.1% |
| Taxes | 450/3 | €14,469 | €18,269 | +€3,800 | +26.3% |
| Remuneration and social security | 454/9 | €8,103 | €8,394 | +€291 | +3.6% |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Accrued charges and deferred income | 492/3 | €3,500 | €2,200 | -€1,300 | -37.1% |
| Remuneration, social security and pensions | 62 | €60,267 | €62,576 | +€2,310 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,815 | €29,650 | +€835 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,099 | €2,768 | +€19,866 | |
| Other operating charges | 640/8 | €2,209 | €3,245 | +€1,036 | +46.9% |
| Gross operating margin | 9900 | €166,079 | €226,321 | +€60,242 | +36.3% |
| Operating profit (loss) | 9901 | €91,887 | €128,082 | +€36,196 | +39.4% |
| Financial income | 75/76B | €23,678 | €2,521 | -€21,157 | -89.4% |
| Recurring financial income | 75 | €23,678 | €2,521 | -€21,157 | -89.4% |
| Financial charges | 65/66B | €251 | €424 | +€173 | +68.9% |
| Recurring financial charges | 65 | €251 | €424 | +€173 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | €115,313 | €130,180 | +€14,866 | +12.9% |
| Income taxes | 67/77 | €33,003 | €38,269 | +€5,266 | +16.0% |
| Profit (loss) for the period | 9904 | €82,310 | €91,911 | +€9,601 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,310 | €91,911 | +€9,601 | +11.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.