SAMAX CONSULTING: 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.
SAMAX CONSULTING
Largest movements
- Tangible fixed assets +€31,224
up €31,224 (+13.4%), from €233,333 to €264,557
of which Furniture and vehicles: +€40,996
- Receivables after one year +€25,000
up €25,000 (+100%), from €25,000 to €50,000
- Cash +€12,972
up €12,972 (+20.0%), from €64,775 to €77,747
mainly Debts after one year (+€37,917) and Depreciation (+€37,426)
- Receivables within one year -€11,815
down €11,815 (-28.9%), from €40,824 to €29,009
of which Other amounts receivable: -€10,000
- Debts after one year +€37,917
up €37,917 (+27.1%), from €139,779 to €177,696
- Reserves +€26,678
up €26,678 (+40.6%), from €65,671 to €92,349
of which Tax-exempt reserves: +€26,678
- Short-term financial debts -€10,000
no longer reported in 2025 (was €10,000)
- Current portion of long-term debt +€6,570
up €6,570 (+18.9%), from €34,688 to €41,258
- Depreciation +€6,000
up €6,000 (+19.1%), from €31,426 to €37,426
- Gross operating margin +€3,728
up €3,728 (+4.2%), from €89,150 to €92,878
- Staff costs -€1,602
down €1,602 (-13.1%), from €12,235 to €10,633
- Taxes -€1,242
down €1,242 (-11.6%), from €10,681 to €9,439
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 | €365,982 | €423,363 | +€57,381 | +15.7% |
| Fixed assets | 21/28 | €235,383 | €266,607 | +€31,224 | +13.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €233,333 | €264,557 | +€31,224 | +13.4% |
| Land and buildings | 22 | €157,842 | €146,489 | -€11,353 | -7.2% |
| Furniture and vehicles | 24 | €60,066 | €101,062 | +€40,996 | +68.3% |
| Other tangible fixed assets | 26 | €15,425 | €17,006 | +€1,581 | +10.2% |
| Financial fixed assets | 28 | €2,050 | €2,050 | = | 0.0% |
| Current assets | 29/58 | €130,599 | €156,756 | +€26,157 | +20.0% |
| Amounts receivable after more than one year | 29 | €25,000 | €50,000 | +€25,000 | +100% |
| Other amounts receivable | 291 | €25,000 | €50,000 | +€25,000 | +100% |
| Amounts receivable within one year | 40/41 | €40,824 | €29,009 | -€11,815 | -28.9% |
| Trade receivables | 40 | €30,824 | €29,009 | -€1,815 | -5.9% |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €64,775 | €77,747 | +€12,972 | +20.0% |
| Total equity and liabilities | 10/49 | €365,982 | €423,363 | +€57,381 | +15.7% |
| Equity | 10/15 | €153,364 | €180,044 | +€26,680 | +17.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,671 | €92,349 | +€26,678 | +40.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,811 | €90,489 | +€26,678 | +41.8% |
| Profit (loss) carried forward | 14 | €81,493 | €81,495 | +€2 | 0.0% |
| Amounts payable | 17/49 | €212,618 | €243,319 | +€30,701 | +14.4% |
| Amounts payable after more than one year | 17 | €139,779 | €177,696 | +€37,917 | +27.1% |
| Financial debts | 170/4 | €139,779 | €177,696 | +€37,917 | +27.1% |
| Amounts payable within one year | 42/48 | €71,342 | €64,178 | -€7,164 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €34,688 | €41,258 | +€6,570 | +18.9% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €529 | €537 | +€8 | +1.5% |
| Suppliers | 440/4 | €529 | €537 | +€8 | +1.5% |
| Taxes, remuneration and social security | 45 | €26,070 | €22,328 | -€3,742 | -14.4% |
| Taxes | 450/3 | €26,070 | €22,328 | -€3,742 | -14.4% |
| Other amounts payable | 47/48 | €55 | €55 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,497 | €1,445 | -€52 | -3.5% |
| Remuneration, social security and pensions | 62 | €12,235 | €10,633 | -€1,602 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,426 | €37,426 | +€6,000 | +19.1% |
| Other operating charges | 640/8 | €1,948 | €1,952 | +€4 | +0.2% |
| Gross operating margin | 9900 | €89,150 | €92,878 | +€3,728 | +4.2% |
| Operating profit (loss) | 9901 | €43,541 | €42,867 | -€674 | -1.5% |
| Financial charges | 65/66B | €3,223 | €4,081 | +€858 | +26.6% |
| Recurring financial charges | 65 | €3,223 | €4,081 | +€858 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €40,318 | €38,786 | -€1,532 | -3.8% |
| Transfer to deferred taxes | 680 | €2,695 | €2,667 | -€28 | -1.0% |
| Income taxes | 67/77 | €10,681 | €9,439 | -€1,242 | -11.6% |
| Profit (loss) for the period | 9904 | €26,942 | €26,680 | -€262 | -1.0% |
| Transfer to tax-exempt reserves | 689 | €26,942 | €26,678 | -€264 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €2 | +€2 |
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 23 October 2026 via checked.be.