SAMAVIC: 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.
What changed
SAMAVIC
NACE 08.111, Other mining and quarrying
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€20,585
2024 · -€21,762+€42,347
Equity
€770,460
2024 · €751,603+€18,858
Cash
€27,914
2024 · €66,751-€38,837
Balance sheet total
€983,723
2024 · €962,610+€21,113
Largest movements
Assets
- Receivables within one year +€160,794
up €160,794 (+89.8%), from €179,058 to €339,852
of which Trade receivables: +€169,593
- Tangible fixed assets -€96,621
down €96,621 (-26.4%), from €365,320 to €268,699
- Cash -€38,837
down €38,837 (-58.2%), from €66,751 to €27,914
mainly Receivables within one year (-€160,794) and Debts after one year (-€39,530)
Equity and liabilities
- Trade debts +€41,597
up €41,597 (+291.7%), from €14,262 to €55,859
- Debts after one year -€39,530
down €39,530 (-32.3%), from €122,347 to €82,817
- Profit (loss) carried forward +€18,885
up €18,885 (+3.0%), from €628,348 to €647,233
Income statement
- Gross operating margin +€64,576
up €64,576 (+30.5%), from €211,461 to €276,037
- Depreciation +€19,856
up €19,856 (+24.3%), from €81,765 to €101,621
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.
Result 2024
-€21,762
Gross operating margin
+€64,576
Staff costs
+€67
Depreciation
-€19,856
Write-downs
-€614
Other operating charges
-€2,744
Financial charges
+€917
Result 2025
€20,585
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.
From operations
+€11,317
Investment
-€5,000
Financing
-€45,154
Cash 2024
€66,751
From operations (derived)
+€11,317
Net result for the year
+€20,585
Depreciation
+€101,621
Stocks and contracts
+€5,589
Receivables within one year
-€160,794
Deferred charges and accrued income
-€1,365
Trade debts
+€41,597
Tax, wage and social debts
+€4,337
Smaller working-capital items
-€252
Investment (derived)
-€5,000
Investment in fixed assets (net)
-€5,000
Financing
-€45,154
Debts after one year
-€39,530
Current portion of long-term debt
-€3,896
Contributions, distributions and other
-€1,727
Cash 2025
€27,914
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €962,610 | €983,723 | +€21,113 | +2.2% |
| Fixed assets | 21/28 | €365,320 | €268,699 | -€96,621 | -26.4% |
| Tangible fixed assets | 22/27 | €365,320 | €268,699 | -€96,621 | -26.4% |
| Land and buildings | 22 | €118,620 | €120,484 | +€1,864 | +1.6% |
| Plant, machinery and equipment | 23 | €57,300 | €28,600 | -€28,700 | -50.1% |
| Furniture and vehicles | 24 | €64,091 | €42,427 | -€21,665 | -33.8% |
| Leasing and similar rights | 25 | €125,309 | €77,189 | -€48,120 | -38.4% |
| Current assets | 29/58 | €597,290 | €715,023 | +€117,733 | +19.7% |
| Stocks and contracts in progress | 3 | €345,871 | €340,282 | -€5,589 | -1.6% |
| Stocks | 30/36 | €345,871 | €340,282 | -€5,589 | -1.6% |
| Amounts receivable within one year | 40/41 | €179,058 | €339,852 | +€160,794 | +89.8% |
| Trade receivables | 40 | €166,081 | €335,674 | +€169,593 | +102.1% |
| Other amounts receivable | 41 | €12,977 | €4,178 | -€8,799 | -67.8% |
| Cash at bank and in hand | 54/58 | €66,751 | €27,914 | -€38,837 | -58.2% |
| Deferred charges and accrued income | 490/1 | €5,610 | €6,975 | +€1,365 | +24.3% |
| Total equity and liabilities | 10/49 | €962,610 | €983,723 | +€21,113 | +2.2% |
| Equity | 10/15 | €751,603 | €770,460 | +€18,858 | +2.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €61,200 | €61,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €628,348 | €647,233 | +€18,885 | +3.0% |
| Investment grants | 15 | €54 | €27 | -€27 | -50.0% |
| Amounts payable | 17/49 | €211,007 | €213,262 | +€2,255 | +1.1% |
| Amounts payable after more than one year | 17 | €122,347 | €82,817 | -€39,530 | -32.3% |
| Financial debts | 170/4 | €122,347 | €82,817 | -€39,530 | -32.3% |
| Amounts payable within one year | 42/48 | €88,276 | €130,446 | +€42,170 | +47.8% |
| Current portion of amounts payable after more than one year | 42 | €42,841 | €38,945 | -€3,896 | -9.1% |
| Trade debts | 44 | €14,262 | €55,859 | +€41,597 | +291.7% |
| Suppliers | 440/4 | €14,262 | €55,859 | +€41,597 | +291.7% |
| Taxes, remuneration and social security | 45 | €13,759 | €18,095 | +€4,337 | +31.5% |
| Taxes | 450/3 | €2,700 | €6,093 | +€3,393 | +125.7% |
| Remuneration and social security | 454/9 | €11,059 | €12,003 | +€944 | +8.5% |
| Other amounts payable | 47/48 | €17,414 | €17,547 | +€132 | +0.8% |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €121,776 | €121,709 | -€67 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,765 | €101,621 | +€19,856 | +24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,975 | €5,589 | +€614 | +12.3% |
| Other operating charges | 640/8 | €18,426 | €21,170 | +€2,744 | +14.9% |
| Gross operating margin | 9900 | €211,461 | €276,037 | +€64,576 | +30.5% |
| Operating profit (loss) | 9901 | -€15,481 | €25,948 | +€41,429 | |
| Financial income | 75/76B | €27 | €27 | = | 0.0% |
| Recurring financial income | 75 | €27 | €27 | = | 0.0% |
| Financial charges | 65/66B | €6,308 | €5,390 | -€917 | -14.5% |
| Recurring financial charges | 65 | €6,308 | €5,390 | -€917 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€21,762 | €20,585 | +€42,347 | |
| Profit (loss) for the period | 9904 | -€21,762 | €20,585 | +€42,347 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,762 | €20,585 | +€42,347 |
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 4 October 2026 via checked.be.