SAMAU: 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.
SAMAU
Largest movements
- Receivables within one year -€23,594
down €23,594 (-21.4%), from €110,289 to €86,696
of which Trade receivables: -€20,422
- Cash +€17,457
up €17,457 (+128%), from €13,629 to €31,086
mainly Receivables within one year (+€23,594) and Depreciation (+€12,281)
- Tangible fixed assets -€12,281
down €12,281 (-30.2%), from €40,695 to €28,414
- Deferred charges and accrued income +€4,790
up €4,790 (+1,176%), from €408 to €5,198
- Other debts -€10,096
down €10,096 (-68.1%), from €14,817 to €4,721
- Reserves +€8,866
up €8,866 (+9.5%), from €92,884 to €101,750
- Debts after one year -€8,500
down €8,500 (-53.5%), from €15,893 to €7,394
- Trade debts -€3,106
down €3,106 (-80.7%), from €3,851 to €744
- Taxes -€1,431
down €1,431 (-21.0%), from €6,817 to €5,386
- Other operating charges -€1,270
down €1,270 (-39.3%), from €3,231 to €1,961
- Financial charges +€1,056
up €1,056 (+53.5%), from €1,972 to €3,028
- Depreciation -€677
down €677 (-5.2%), from €12,958 to €12,281
- Gross operating margin -€647
down €647 (-2.0%), from €32,169 to €31,521
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 | €165,156 | €151,528 | -€13,628 | -8.3% |
| Fixed assets | 21/28 | €40,830 | €28,549 | -€12,281 | -30.1% |
| Tangible fixed assets | 22/27 | €40,695 | €28,414 | -€12,281 | -30.2% |
| Furniture and vehicles | 24 | €40,695 | €28,414 | -€12,281 | -30.2% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €124,326 | €122,979 | -€1,347 | -1.1% |
| Amounts receivable within one year | 40/41 | €110,289 | €86,696 | -€23,594 | -21.4% |
| Trade receivables | 40 | €105,136 | €84,714 | -€20,422 | -19.4% |
| Other amounts receivable | 41 | €5,153 | €1,982 | -€3,171 | -61.5% |
| Cash at bank and in hand | 54/58 | €13,629 | €31,086 | +€17,457 | +128% |
| Deferred charges and accrued income | 490/1 | €408 | €5,198 | +€4,790 | +1,176% |
| Total equity and liabilities | 10/49 | €165,156 | €151,528 | -€13,628 | -8.3% |
| Equity | 10/15 | €111,484 | €120,350 | +€8,866 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,884 | €101,750 | +€8,866 | +9.5% |
| Distributable reserves | 133 | €92,884 | €101,750 | +€8,866 | +9.5% |
| Amounts payable | 17/49 | €53,672 | €31,178 | -€22,494 | -41.9% |
| Amounts payable after more than one year | 17 | €15,893 | €7,394 | -€8,500 | -53.5% |
| Financial debts | 170/4 | €15,893 | €7,394 | -€8,500 | -53.5% |
| Amounts payable within one year | 42/48 | €37,779 | €23,784 | -€13,994 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €8,111 | €8,500 | +€389 | +4.8% |
| Trade debts | 44 | €3,851 | €744 | -€3,106 | -80.7% |
| Suppliers | 440/4 | €3,851 | €744 | -€3,106 | -80.7% |
| Taxes, remuneration and social security | 45 | €11,000 | €9,819 | -€1,181 | -10.7% |
| Taxes | 450/3 | €11,000 | €9,819 | -€1,181 | -10.7% |
| Other amounts payable | 47/48 | €14,817 | €4,721 | -€10,096 | -68.1% |
| Non-recurring operating income | 76A | €6,000 | €0 | -€6,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,958 | €12,281 | -€677 | -5.2% |
| Other operating charges | 640/8 | €3,231 | €1,961 | -€1,270 | -39.3% |
| Gross operating margin | 9900 | €32,169 | €31,521 | -€647 | -2.0% |
| Operating profit (loss) | 9901 | €15,980 | €17,280 | +€1,300 | +8.1% |
| Financial income | 75/76B | €17 | €0 | -€17 | -100% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -100% |
| Financial charges | 65/66B | €1,972 | €3,028 | +€1,056 | +53.5% |
| Recurring financial charges | 65 | €1,972 | €3,028 | +€1,056 | +53.5% |
| Profit (loss) for the period before taxes | 9903 | €14,025 | €14,252 | +€227 | +1.6% |
| Income taxes | 67/77 | €6,817 | €5,386 | -€1,431 | -21.0% |
| Profit (loss) for the period | 9904 | €7,209 | €8,866 | +€1,658 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,209 | €8,866 | +€1,658 | +23.0% |
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 13 October 2026 via checked.be.