SAMAK FISH: 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.
SAMAK FISH
Largest movements
- Cash -€17,277
down €17,277 (-9.6%), from €179,104 to €161,827
mainly Other debts (-€51,161) and Investment in fixed assets (net) (-€10,870)
- Receivables within one year -€11,979
down €11,979 (-24.7%), from €48,575 to €36,596
of which Other amounts receivable: -€43,494
- Tangible fixed assets +€6,592
up €6,592 (+10.8%), from €60,883 to €67,475
of which Land and buildings: +€13,592
- Other debts -€51,161
down €51,161 (-67.6%), from €75,726 to €24,565
- Reserves +€26,305
up €26,305 (+24.6%), from €107,039 to €133,344
- Accrued charges and deferred income +€3,588
up €3,588 (+28,932%), from €12 to €3,600
- Gross operating margin +€8,936
up €8,936 (+18.4%), from €48,484 to €57,420
- Other operating charges +€4,856
up €4,856 (+105%), from €4,625 to €9,481
- Financial income -€2,178
down €2,178 (-81.1%), from €2,687 to €509
- Taxes -€1,734
down €1,734 (-12.4%), from €13,961 to €12,227
- Financial charges +€1,689
up €1,689 (+42.8%), from €3,949 to €5,638
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 | €303,489 | €281,959 | -€21,529 | -7.1% |
| Fixed assets | 21/28 | €63,133 | €69,725 | +€6,592 | +10.4% |
| Tangible fixed assets | 22/27 | €60,883 | €67,475 | +€6,592 | +10.8% |
| Land and buildings | 22 | €48,429 | €62,021 | +€13,592 | +28.1% |
| Plant, machinery and equipment | 23 | €1,675 | €1,266 | -€409 | -24.4% |
| Furniture and vehicles | 24 | €8,516 | - | -€8,516 | |
| Other tangible fixed assets | 26 | €2,263 | €4,188 | +€1,925 | +85.0% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €240,355 | €212,234 | -€28,122 | -11.7% |
| Stocks and contracts in progress | 3 | €4,280 | €4,350 | +€70 | +1.6% |
| Stocks | 30/36 | €4,280 | €4,350 | +€70 | +1.6% |
| Amounts receivable within one year | 40/41 | €48,575 | €36,596 | -€11,979 | -24.7% |
| Trade receivables | 40 | €4,457 | €35,972 | +€31,515 | +707% |
| Other amounts receivable | 41 | €44,118 | €624 | -€43,494 | -98.6% |
| Cash at bank and in hand | 54/58 | €179,104 | €161,827 | -€17,277 | -9.6% |
| Deferred charges and accrued income | 490/1 | €8,397 | €9,461 | +€1,064 | +12.7% |
| Total equity and liabilities | 10/49 | €303,489 | €281,959 | -€21,529 | -7.1% |
| Equity | 10/15 | €113,237 | €139,541 | +€26,305 | +23.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €107,039 | €133,344 | +€26,305 | +24.6% |
| Distributable reserves | 133 | €107,039 | €133,344 | +€26,305 | +24.6% |
| Amounts payable | 17/49 | €190,252 | €142,418 | -€47,834 | -25.1% |
| Amounts payable within one year | 42/48 | €190,240 | €138,818 | -€51,422 | -27.0% |
| Financial debts | 43 | €2,599 | €2,587 | -€11 | -0.4% |
| Credit institutions | 430/8 | €2,599 | €2,587 | -€11 | -0.4% |
| Trade debts | 44 | €93,480 | €95,404 | +€1,924 | +2.1% |
| Suppliers | 440/4 | €93,480 | €95,404 | +€1,924 | +2.1% |
| Taxes, remuneration and social security | 45 | €18,436 | €16,262 | -€2,174 | -11.8% |
| Taxes | 450/3 | €14,836 | €16,262 | +€1,426 | +9.6% |
| Remuneration and social security | 454/9 | €3,600 | - | -€3,600 | |
| Other amounts payable | 47/48 | €75,726 | €24,565 | -€51,161 | -67.6% |
| Accrued charges and deferred income | 492/3 | €12 | €3,600 | +€3,588 | +28,932% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,268 | €4,278 | -€990 | -18.8% |
| Other operating charges | 640/8 | €4,625 | €9,481 | +€4,856 | +105% |
| Gross operating margin | 9900 | €48,484 | €57,420 | +€8,936 | +18.4% |
| Operating profit (loss) | 9901 | €38,590 | €43,661 | +€5,071 | +13.1% |
| Financial income | 75/76B | €2,687 | €509 | -€2,178 | -81.1% |
| Recurring financial income | 75 | €2,687 | €509 | -€2,178 | -81.1% |
| Financial charges | 65/66B | €3,949 | €5,638 | +€1,689 | +42.8% |
| Recurring financial charges | 65 | €3,949 | €5,638 | +€1,689 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | €37,328 | €38,532 | +€1,204 | +3.2% |
| Income taxes | 67/77 | €13,961 | €12,227 | -€1,734 | -12.4% |
| Profit (loss) for the period | 9904 | €23,367 | €26,305 | +€2,938 | +12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,367 | €26,305 | +€2,938 | +12.6% |
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 14 October 2026 via checked.be.