SAMARO: 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.
SAMARO
Largest movements
- Tangible fixed assets -€30,974
down €30,974 (-2.4%), from €1.3m to €1.2m
of which Land and buildings: -€28,662
- Other debts -€18,811
down €18,811 (-30.9%), from €60,897 to €42,086
- Debts after one year -€13,333
down €13,333 (-1.5%), from €869,419 to €856,086
- Depreciation +€4,909
up €4,909 (+9.4%), from €52,354 to €57,264
- Taxes -€2,049
down €2,049 (-81.9%), from €2,501 to €452
- Other operating charges +€1,660
up €1,660 (+41.1%), from €4,040 to €5,700
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 | €1,287,184 | €1,260,102 | -€27,082 | -2.1% |
| Fixed assets | 21/28 | €1,273,060 | €1,242,086 | -€30,974 | -2.4% |
| Tangible fixed assets | 22/27 | €1,273,060 | €1,242,086 | -€30,974 | -2.4% |
| Land and buildings | 22 | €1,255,401 | €1,226,738 | -€28,662 | -2.3% |
| Plant, machinery and equipment | 23 | - | €4,007 | +€4,007 | |
| Other tangible fixed assets | 26 | €17,659 | €11,340 | -€6,319 | -35.8% |
| Current assets | 29/58 | €14,124 | €18,016 | +€3,892 | +27.6% |
| Amounts receivable within one year | 40/41 | €9,769 | €9,047 | -€722 | -7.4% |
| Other amounts receivable | 41 | €9,769 | €9,047 | -€722 | -7.4% |
| Cash at bank and in hand | 54/58 | €3,249 | €7,688 | +€4,439 | +136.6% |
| Deferred charges and accrued income | 490/1 | €1,106 | €1,281 | +€175 | +15.8% |
| Total equity and liabilities | 10/49 | €1,287,184 | €1,260,102 | -€27,082 | -2.1% |
| Equity | 10/15 | €343,535 | €344,839 | +€1,304 | +0.4% |
| Contributions | 10/11 | €157,700 | €157,700 | = | 0.0% |
| Capital | 10 | €157,700 | €157,700 | = | 0.0% |
| Issued capital | 100 | €157,700 | €157,700 | = | 0.0% |
| Reserves | 13 | €185,835 | €187,139 | +€1,304 | +0.7% |
| Non-distributable reserves | 130/1 | €15,770 | €15,770 | = | 0.0% |
| Legal reserve | 130 | €15,770 | €15,770 | = | 0.0% |
| Distributable reserves | 133 | €170,065 | €171,369 | +€1,304 | +0.8% |
| Amounts payable | 17/49 | €943,649 | €915,264 | -€28,386 | -3.0% |
| Amounts payable after more than one year | 17 | €869,419 | €856,086 | -€13,333 | -1.5% |
| Financial debts | 170/4 | €869,419 | €856,086 | -€13,333 | -1.5% |
| Amounts payable within one year | 42/48 | €74,230 | €59,178 | -€15,052 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €13,333 | €13,333 | = | 0.0% |
| Trade debts | 44 | - | €3,758 | +€3,758 | |
| Suppliers | 440/4 | - | €3,758 | +€3,758 | |
| Other amounts payable | 47/48 | €60,897 | €42,086 | -€18,811 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,354 | €57,264 | +€4,909 | +9.4% |
| Other operating charges | 640/8 | €4,040 | €5,700 | +€1,660 | +41.1% |
| Gross operating margin | 9900 | €65,632 | €65,843 | +€211 | +0.3% |
| Operating profit (loss) | 9901 | €9,237 | €2,879 | -€6,358 | -68.8% |
| Financial charges | 65/66B | €1,377 | €1,123 | -€254 | -18.4% |
| Recurring financial charges | 65 | €1,377 | €1,123 | -€254 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €7,860 | €1,756 | -€6,104 | -77.7% |
| Income taxes | 67/77 | €2,501 | €452 | -€2,049 | -81.9% |
| Profit (loss) for the period | 9904 | €5,359 | €1,304 | -€4,055 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,359 | €1,304 | -€4,055 | -75.7% |
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 6 October 2026 via checked.be.