SAMALO: 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.
SAMALO
Largest movements
- Current assets -€48,153
down €48,153 (-16.0%), from €300,945 to €252,792
of which Cash: -€47,614
- Tangible fixed assets -€10,989
no longer reported in 2021 (was €10,989)
- Debts within one year -€58,525
down €58,525 (-23.8%), from €245,727 to €187,202
of which Trade debts: -€34,787
- Gross operating margin +€72,962
up €72,962 (+1,069%), from €6,827 to €79,790
- Staff costs +€68,616
new in 2021: €68,616
- Depreciation -€8,515
no longer reported in 2021 (was €8,515)
- Taxes -€5,914
down €5,914 (-98.8%), from €5,986 to €73
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €311,934 | €252,792 | -€59,142 | -19.0% |
| Fixed assets | 21/28 | €10,989 | - | -€10,989 | |
| Tangible fixed assets | 22/27 | €10,989 | - | -€10,989 | |
| Current assets | 29/58 | €300,945 | €252,792 | -€48,153 | -16.0% |
| Amounts receivable within one year | 40/41 | €8,489 | €8,086 | -€403 | -4.7% |
| Trade receivables | 40 | - | €5,808 | +€5,808 | |
| Other amounts receivable | 41 | - | €2,278 | +€2,278 | |
| Cash at bank and in hand | 54/58 | €292,144 | €244,530 | -€47,614 | -16.3% |
| Deferred charges and accrued income | 490/1 | - | €176 | +€176 | |
| Total equity and liabilities | 10/49 | €311,934 | €252,792 | -€59,142 | -19.0% |
| Equity | 10/15 | €66,207 | €65,590 | -€617 | -0.9% |
| Contributions | 10/11 | €41,484 | €41,484 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €5,000 | +€5,000 | |
| Reserves not available under the articles | 1311 | - | €5,000 | +€5,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€277 | -€894 | -€617 | -223% |
| Amounts payable | 17/49 | €245,727 | €187,202 | -€58,525 | -23.8% |
| Amounts payable within one year | 42/48 | €245,727 | €187,202 | -€58,525 | -23.8% |
| Trade debts | 44 | €34,787 | - | -€34,787 | |
| Other amounts payable | 47/48 | - | €187,202 | +€187,202 | |
| Remuneration, social security and pensions | 62 | - | €68,616 | +€68,616 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,515 | - | -€8,515 | |
| Other operating charges | 640/8 | - | €615 | +€615 | |
| Non-recurring operating charges | 66A | - | €10,989 | +€10,989 | |
| Gross operating margin | 9900 | €6,827 | €79,790 | +€72,962 | +1,069% |
| Operating profit (loss) | 9901 | -€100,871 | -€431 | +€100,440 | +99.6% |
| Financial charges | 65/66B | - | €114 | +€114 | |
| Recurring financial charges | 65 | €478 | €114 | -€365 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | -€101,349 | -€544 | +€100,805 | +99.5% |
| Income taxes | 67/77 | €5,986 | €73 | -€5,914 | -98.8% |
| Profit (loss) for the period | 9904 | -€107,336 | -€617 | +€106,719 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,336 | -€617 | +€106,719 | +99.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2020 and 30 June 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.