SAMATEX: 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.
SAMATEX
Largest movements
- Cash +€138,643
up €138,643 (+68.5%), from €202,394 to €341,036
mainly Net result for the year (+€52,298) and Stocks and contracts (+€50,245)
- Stocks and contracts -€50,245
down €50,245 (-27.3%), from €184,320 to €134,075
- Tangible fixed assets -€35,988
down €35,988 (-19.6%), from €183,844 to €147,856
of which Furniture and vehicles: -€21,075
- Receivables within one year -€26,826
down €26,826 (-4.4%), from €616,523 to €589,696
of which Trade receivables: -€49,985
- Other debts -€36,837
down €36,837 (-20.7%), from €178,221 to €141,384
- Accrued charges and deferred income +€33,594
up €33,594 (+247.1%), from €13,594 to €47,188
- Reserves +€30,298
up €30,298 (+11.9%), from €253,586 to €283,884
of which Distributable reserves: +€30,298
- Short-term financial debts +€30,055
up €30,055 (+8.6%), from €350,000 to €380,055
- Trade debts -€20,344
down €20,344 (-52.2%), from €38,979 to €18,635
- Gross operating margin -€28,562
down €28,562 (-15.0%), from €190,462 to €161,900
- Depreciation +€13,491
up €13,491 (+54.2%), from €24,897 to €38,388
- Financial income +€8,866
up €8,866 (+88.3%), from €10,042 to €18,908
- Financial charges -€6,738
down €6,738 (-19.0%), from €35,378 to €28,639
- Taxes -€6,147
down €6,147 (-23.5%), from €26,141 to €19,994
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 | €1,191,062 | €1,216,195 | +€25,132 | +2.1% |
| Fixed assets | 21/28 | €184,397 | €148,409 | -€35,988 | -19.5% |
| Tangible fixed assets | 22/27 | €183,844 | €147,856 | -€35,988 | -19.6% |
| Land and buildings | 22 | €93,220 | €75,960 | -€17,260 | -18.5% |
| Plant, machinery and equipment | 23 | - | €2,346 | +€2,346 | |
| Furniture and vehicles | 24 | €90,624 | €69,549 | -€21,075 | -23.3% |
| Financial fixed assets | 28 | €553 | €553 | = | 0.0% |
| Current assets | 29/58 | €1,006,666 | €1,067,786 | +€61,120 | +6.1% |
| Stocks and contracts in progress | 3 | €184,320 | €134,075 | -€50,245 | -27.3% |
| Stocks | 30/36 | €184,320 | €134,075 | -€50,245 | -27.3% |
| Amounts receivable within one year | 40/41 | €616,523 | €589,696 | -€26,826 | -4.4% |
| Trade receivables | 40 | €132,014 | €82,029 | -€49,985 | -37.9% |
| Other amounts receivable | 41 | €484,509 | €507,668 | +€23,158 | +4.8% |
| Cash at bank and in hand | 54/58 | €202,394 | €341,036 | +€138,643 | +68.5% |
| Deferred charges and accrued income | 490/1 | €3,429 | €2,979 | -€450 | -13.1% |
| Total equity and liabilities | 10/49 | €1,191,062 | €1,216,195 | +€25,132 | +2.1% |
| Equity | 10/15 | €260,527 | €290,825 | +€30,298 | +11.6% |
| Contributions | 10/11 | €6,941 | €6,941 | = | 0.0% |
| Reserves | 13 | €253,586 | €283,884 | +€30,298 | +11.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €253,586 | €283,884 | +€30,298 | +11.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €133,616 | €133,616 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €133,616 | €133,616 | = | 0.0% |
| Pensions and similar obligations | 160 | €133,616 | €133,616 | = | 0.0% |
| Amounts payable | 17/49 | €796,919 | €791,753 | -€5,166 | -0.6% |
| Amounts payable after more than one year | 17 | €154,551 | €141,251 | -€13,300 | -8.6% |
| Financial debts | 170/4 | €154,551 | €141,251 | -€13,300 | -8.6% |
| Amounts payable within one year | 42/48 | €628,774 | €603,314 | -€25,460 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €16,378 | €13,300 | -€3,078 | -18.8% |
| Financial debts | 43 | €350,000 | €380,055 | +€30,055 | +8.6% |
| Credit institutions | 430/8 | €350,000 | €380,055 | +€30,055 | +8.6% |
| Trade debts | 44 | €38,979 | €18,635 | -€20,344 | -52.2% |
| Suppliers | 440/4 | €38,979 | €18,635 | -€20,344 | -52.2% |
| Taxes, remuneration and social security | 45 | €45,196 | €49,941 | +€4,745 | +10.5% |
| Taxes | 450/3 | €43,279 | €43,283 | +€3 | 0.0% |
| Remuneration and social security | 454/9 | €1,917 | €6,658 | +€4,741 | +247.4% |
| Other amounts payable | 47/48 | €178,221 | €141,384 | -€36,837 | -20.7% |
| Accrued charges and deferred income | 492/3 | €13,594 | €47,188 | +€33,594 | +247.1% |
| Remuneration, social security and pensions | 62 | €22,277 | €22,450 | +€173 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,897 | €38,388 | +€13,491 | +54.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€164 | -€164 | |
| Other operating charges | 640/8 | €18,498 | €19,202 | +€704 | +3.8% |
| Gross operating margin | 9900 | €190,462 | €161,900 | -€28,562 | -15.0% |
| Operating profit (loss) | 9901 | €124,790 | €82,024 | -€42,766 | -34.3% |
| Financial income | 75/76B | €10,042 | €18,908 | +€8,866 | +88.3% |
| Recurring financial income | 75 | €10,042 | €18,908 | +€8,866 | +88.3% |
| Financial charges | 65/66B | €35,378 | €28,639 | -€6,738 | -19.0% |
| Recurring financial charges | 65 | €35,378 | €28,639 | -€6,738 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €99,454 | €72,292 | -€27,162 | -27.3% |
| Income taxes | 67/77 | €26,141 | €19,994 | -€6,147 | -23.5% |
| Profit (loss) for the period | 9904 | €73,312 | €52,298 | -€21,015 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,312 | €52,298 | -€21,015 | -28.7% |
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 8 October 2026 via checked.be.