SAMAROLE: 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.
SAMAROLE
Largest movements
- Cash +€107,122
up €107,122 (+100.6%), from €106,482 to €213,605
mainly Receivables within one year (+€101,085) and Depreciation (+€44,679)
- Receivables within one year -€101,085
down €101,085 (-85.4%), from €118,366 to €17,282
of which Other amounts receivable: -€101,085
- Tangible fixed assets -€53,180
down €53,180 (-15.7%), from €339,624 to €286,445
of which Plant, machinery and equipment: -€35,317
- Deferred charges and accrued income -€6,060
down €6,060 (-32.3%), from €18,734 to €12,674
- Debts after one year -€39,199
down €39,199 (-30.4%), from €129,018 to €89,818
- Reserves -€9,553
down €9,553 (-2.5%), from €376,091 to €366,538
of which Tax-exempt reserves: -€6,353
- Other debts +€5,883
up €5,883 (+154.8%), from €3,800 to €9,683
- Financial charges +€82,938
up €82,938 (+2430.6%), from €3,412 to €86,351
- Depreciation -€23,030
down €23,030 (-34.0%), from €67,708 to €44,679
- Taxes -€11,283
down €11,283 (-36.5%), from €30,909 to €19,626
- Gross operating margin -€8,061
down €8,061 (-3.1%), from €261,421 to €253,360
- Staff costs -€5,489
down €5,489 (-8.5%), from €64,809 to €59,320
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 | €583,317 | €530,115 | -€53,202 | -9.1% |
| Fixed assets | 21/28 | €339,734 | €286,555 | -€53,180 | -15.7% |
| Tangible fixed assets | 22/27 | €339,624 | €286,445 | -€53,180 | -15.7% |
| Land and buildings | 22 | €217,226 | €209,276 | -€7,950 | -3.7% |
| Plant, machinery and equipment | 23 | €112,044 | €76,726 | -€35,317 | -31.5% |
| Furniture and vehicles | 24 | €10,355 | €442 | -€9,912 | -95.7% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €243,582 | €243,560 | -€22 | 0.0% |
| Amounts receivable within one year | 40/41 | €118,366 | €17,282 | -€101,085 | -85.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €118,366 | €17,282 | -€101,085 | -85.4% |
| Cash at bank and in hand | 54/58 | €106,482 | €213,605 | +€107,122 | +100.6% |
| Deferred charges and accrued income | 490/1 | €18,734 | €12,674 | -€6,060 | -32.3% |
| Total equity and liabilities | 10/49 | €583,317 | €530,115 | -€53,202 | -9.1% |
| Equity | 10/15 | €383,493 | €373,966 | -€9,528 | -2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €376,091 | €366,538 | -€9,553 | -2.5% |
| Tax-exempt reserves | 132 | €13,471 | €7,118 | -€6,353 | -47.2% |
| Distributable reserves | 133 | €362,620 | €359,420 | -€3,200 | -0.9% |
| Profit (loss) carried forward | 14 | €1,202 | €1,227 | +€25 | +2.1% |
| Provisions and deferred taxes | 16 | €4,490 | €2,373 | -€2,118 | -47.2% |
| Deferred taxes | 168 | €4,490 | €2,373 | -€2,118 | -47.2% |
| Amounts payable | 17/49 | €195,333 | €153,776 | -€41,557 | -21.3% |
| Amounts payable after more than one year | 17 | €129,018 | €89,818 | -€39,199 | -30.4% |
| Financial debts | 170/4 | €129,018 | €89,818 | -€39,199 | -30.4% |
| Amounts payable within one year | 42/48 | €66,316 | €63,958 | -€2,357 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €41,267 | €39,199 | -€2,068 | -5.0% |
| Financial debts | 43 | €11,108 | €11,320 | +€212 | +1.9% |
| Credit institutions | 430/8 | €11,108 | €11,320 | +€212 | +1.9% |
| Trade debts | 44 | €2,552 | €1,505 | -€1,047 | -41.0% |
| Suppliers | 440/4 | €2,552 | €1,505 | -€1,047 | -41.0% |
| Taxes, remuneration and social security | 45 | €7,588 | €2,251 | -€5,338 | -70.3% |
| Taxes | 450/3 | €0 | €2,101 | +€2,101 | |
| Remuneration and social security | 454/9 | €7,588 | €150 | -€7,439 | -98.0% |
| Other amounts payable | 47/48 | €3,800 | €9,683 | +€5,883 | +154.8% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €64,809 | €59,320 | -€5,489 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,708 | €44,679 | -€23,030 | -34.0% |
| Other operating charges | 640/8 | €4,076 | €4,919 | +€842 | +20.7% |
| Non-recurring operating charges | 66A | - | €1,522 | +€1,522 | |
| Gross operating margin | 9900 | €261,421 | €253,360 | -€8,061 | -3.1% |
| Operating profit (loss) | 9901 | €124,828 | €142,921 | +€18,093 | +14.5% |
| Financial income | 75/76B | €1,155 | €411 | -€744 | -64.4% |
| Recurring financial income | 75 | €1,155 | €411 | -€744 | -64.4% |
| Financial charges | 65/66B | €3,412 | €86,351 | +€82,938 | +2430.6% |
| Recurring financial charges | 65 | €3,412 | €86,351 | +€82,938 | +2430.6% |
| Profit (loss) for the period before taxes | 9903 | €122,570 | €56,981 | -€65,589 | -53.5% |
| Transfer from deferred taxes | 780 | €6,097 | €2,118 | -€3,980 | -65.3% |
| Transfer to deferred taxes | 680 | €10,588 | - | -€10,588 | |
| Income taxes | 67/77 | €30,909 | €19,626 | -€11,283 | -36.5% |
| Profit (loss) for the period | 9904 | €87,171 | €39,472 | -€47,698 | -54.7% |
| Transfer from tax-exempt reserves | 789 | €18,292 | €6,353 | -€11,939 | -65.3% |
| Transfer to tax-exempt reserves | 689 | €31,763 | - | -€31,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,700 | €45,825 | -€27,875 | -37.8% |
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.