SAMAGRI: 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.
SAMAGRI
Largest movements
- Tangible fixed assets -€52,886
down €52,886 (-22.7%), from €233,349 to €180,462
- Receivables within one year -€18,121
down €18,121 (-23.2%), from €78,019 to €59,898
of which Trade receivables: -€14,554
- Debts after one year -€34,882
down €34,882 (-26.7%), from €130,518 to €95,636
- Trade debts -€22,443
down €22,443 (-23.4%), from €95,810 to €73,367
- Short-term financial debts -€12,676
no longer reported in 2025 (was €12,676)
- Profit (loss) carried forward +€4,435
up €4,435 (+30.5%), from -€14,536 to -€10,101
- Current portion of long-term debt -€3,815
down €3,815 (-9.9%), from €38,697 to €34,882
- Gross operating margin +€2,573
up €2,573 (+3.8%), from €67,092 to €69,665
- Financial charges -€1,374
down €1,374 (-14.1%), from €9,770 to €8,396
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.
Derived cash bridge
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 | €320,543 | €249,881 | -€70,662 | -22.0% |
| Fixed assets | 21/28 | €233,529 | €180,642 | -€52,886 | -22.6% |
| Tangible fixed assets | 22/27 | €233,349 | €180,462 | -€52,886 | -22.7% |
| Land and buildings | 22 | €91,201 | €86,342 | -€4,858 | -5.3% |
| Plant, machinery and equipment | 23 | €33,073 | €13,125 | -€19,948 | -60.3% |
| Furniture and vehicles | 24 | €15,625 | €10,714 | -€4,911 | -31.4% |
| Leasing and similar rights | 25 | €93,450 | €70,281 | -€23,168 | -24.8% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €87,015 | €69,239 | -€17,776 | -20.4% |
| Stocks and contracts in progress | 3 | €6,600 | €7,326 | +€726 | +11.0% |
| Stocks | 30/36 | €6,600 | €7,326 | +€726 | +11.0% |
| Amounts receivable within one year | 40/41 | €78,019 | €59,898 | -€18,121 | -23.2% |
| Trade receivables | 40 | €74,451 | €59,898 | -€14,554 | -19.5% |
| Other amounts receivable | 41 | €3,567 | - | -€3,567 | |
| Cash at bank and in hand | 54/58 | €1,328 | €824 | -€504 | -37.9% |
| Deferred charges and accrued income | 490/1 | €1,068 | €1,191 | +€123 | +11.5% |
| Total equity and liabilities | 10/49 | €320,543 | €249,881 | -€70,662 | -22.0% |
| Equity | 10/15 | €15,770 | €20,205 | +€4,435 | +28.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €306 | €306 | = | 0.0% |
| Non-distributable reserves | 130/1 | €306 | €306 | = | 0.0% |
| Reserves not available under the articles | 1311 | €306 | €306 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,536 | -€10,101 | +€4,435 | +30.5% |
| Amounts payable | 17/49 | €304,773 | €229,676 | -€75,097 | -24.6% |
| Amounts payable after more than one year | 17 | €130,518 | €95,636 | -€34,882 | -26.7% |
| Financial debts | 170/4 | €130,518 | €95,636 | -€34,882 | -26.7% |
| Amounts payable within one year | 42/48 | €174,218 | €133,989 | -€40,229 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €38,697 | €34,882 | -€3,815 | -9.9% |
| Financial debts | 43 | €12,676 | - | -€12,676 | |
| Credit institutions | 430/8 | €12,676 | - | -€12,676 | |
| Trade debts | 44 | €95,810 | €73,367 | -€22,443 | -23.4% |
| Suppliers | 440/4 | €95,810 | €73,367 | -€22,443 | -23.4% |
| Taxes, remuneration and social security | 45 | €400 | €1,156 | +€756 | +189% |
| Taxes | 450/3 | - | €756 | +€756 | |
| Remuneration and social security | 454/9 | €400 | €400 | = | 0.0% |
| Other amounts payable | 47/48 | €26,635 | €24,584 | -€2,051 | -7.7% |
| Accrued charges and deferred income | 492/3 | €37 | €51 | +€14 | +39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,594 | €56,161 | -€432 | -0.8% |
| Other operating charges | 640/8 | €573 | €673 | +€100 | +17.5% |
| Gross operating margin | 9900 | €67,092 | €69,665 | +€2,573 | +3.8% |
| Operating profit (loss) | 9901 | €9,926 | €12,831 | +€2,905 | +29.3% |
| Financial charges | 65/66B | €9,770 | €8,396 | -€1,374 | -14.1% |
| Recurring financial charges | 65 | €9,770 | €8,396 | -€1,374 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €156 | €4,435 | +€4,279 | +2,743% |
| Profit (loss) for the period | 9904 | €156 | €4,435 | +€4,279 | +2,743% |
| Profit (loss) for the period to be appropriated | 9905 | €156 | €4,435 | +€4,279 | +2,743% |
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 31 October 2026 via checked.be.