SAMBAL: 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.
SAMBAL
Largest movements
- Cash +€111,334
up €111,334 (+266%), from €41,847 to €153,181
mainly Debts after one year (+€131,519) and Receivables within one year (+€24,954)
- Tangible fixed assets +€83,674
up €83,674 (+1,200%), from €6,972 to €90,646
of which Other tangible fixed assets: +€84,521
- Receivables within one year -€24,954
down €24,954 (-39.3%), from €63,568 to €38,614
of which Trade receivables: -€20,921
- Debts after one year +€131,519
up €131,519 (+5,304%), from €2,479 to €133,999
- Reserves +€12,624
up €12,624 (+17.4%), from €72,712 to €85,336
- Current portion of long-term debt +€12,048
up €12,048 (+544%), from €2,213 to €14,261
- Trade debts +€9,183
up €9,183 (+38.4%), from €23,892 to €33,075
- Tax, wage and social debts +€3,866
up €3,866 (+19.3%), from €20,006 to €23,872
of which Remuneration and social security: +€2,928
- Staff costs +€26,886
up €26,886 (+1,500%), from €1,792 to €28,678
- Taxes -€15,721
down €15,721 (-89.2%), from €17,632 to €1,911
- Depreciation +€8,679
up €8,679 (+522%), from €1,663 to €10,342
- Gross operating margin -€7,064
down €7,064 (-10.9%), from €64,868 to €57,804
- Other operating charges -€2,457
down €2,457 (-65.0%), from €3,780 to €1,323
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 | €125,332 | €296,998 | +€171,666 | +137% |
| Fixed assets | 21/28 | €10,159 | €93,833 | +€83,674 | +824% |
| Tangible fixed assets | 22/27 | €6,972 | €90,646 | +€83,674 | +1,200% |
| Plant, machinery and equipment | 23 | €6,279 | €4,578 | -€1,701 | -27.1% |
| Furniture and vehicles | 24 | €693 | €1,546 | +€853 | +123% |
| Other tangible fixed assets | 26 | - | €84,521 | +€84,521 | |
| Financial fixed assets | 28 | €3,188 | €3,188 | = | 0.0% |
| Current assets | 29/58 | €115,172 | €203,165 | +€87,992 | +76.4% |
| Amounts receivable within one year | 40/41 | €63,568 | €38,614 | -€24,954 | -39.3% |
| Trade receivables | 40 | €51,993 | €31,072 | -€20,921 | -40.2% |
| Other amounts receivable | 41 | €11,575 | €7,542 | -€4,033 | -34.8% |
| Cash at bank and in hand | 54/58 | €41,847 | €153,181 | +€111,334 | +266% |
| Deferred charges and accrued income | 490/1 | €9,758 | €11,370 | +€1,612 | +16.5% |
| Total equity and liabilities | 10/49 | €125,332 | €296,998 | +€171,666 | +137% |
| Equity | 10/15 | €74,712 | €87,336 | +€12,624 | +16.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €72,712 | €85,336 | +€12,624 | +17.4% |
| Distributable reserves | 133 | €72,712 | €85,336 | +€12,624 | +17.4% |
| Amounts payable | 17/49 | €50,620 | €209,662 | +€159,041 | +314% |
| Amounts payable after more than one year | 17 | €2,479 | €133,999 | +€131,519 | +5,304% |
| Financial debts | 170/4 | €2,479 | €133,999 | +€131,519 | +5,304% |
| Amounts payable within one year | 42/48 | €46,811 | €75,663 | +€28,852 | +61.6% |
| Current portion of amounts payable after more than one year | 42 | €2,213 | €14,261 | +€12,048 | +544% |
| Financial debts | 43 | €700 | €4,455 | +€3,755 | +537% |
| Credit institutions | 430/8 | €700 | €4,455 | +€3,755 | +537% |
| Trade debts | 44 | €23,892 | €33,075 | +€9,183 | +38.4% |
| Suppliers | 440/4 | €23,892 | €33,075 | +€9,183 | +38.4% |
| Taxes, remuneration and social security | 45 | €20,006 | €23,872 | +€3,866 | +19.3% |
| Taxes | 450/3 | €18,606 | €19,544 | +€938 | +5.0% |
| Remuneration and social security | 454/9 | €1,400 | €4,328 | +€2,928 | +209% |
| Accrued charges and deferred income | 492/3 | €1,330 | - | -€1,330 | |
| Non-recurring operating income | 76A | - | €2,161 | +€2,161 | |
| Remuneration, social security and pensions | 62 | €1,792 | €28,678 | +€26,886 | +1,500% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,663 | €10,342 | +€8,679 | +522% |
| Other operating charges | 640/8 | €3,780 | €1,323 | -€2,457 | -65.0% |
| Gross operating margin | 9900 | €64,868 | €57,804 | -€7,064 | -10.9% |
| Operating profit (loss) | 9901 | €57,633 | €17,460 | -€40,173 | -69.7% |
| Financial income | 75/76B | €949 | €268 | -€681 | -71.7% |
| Recurring financial income | 75 | €949 | €268 | -€681 | -71.7% |
| Financial charges | 65/66B | €1,576 | €3,192 | +€1,616 | +103% |
| Recurring financial charges | 65 | €1,576 | €3,192 | +€1,616 | +103% |
| Profit (loss) for the period before taxes | 9903 | €57,005 | €14,536 | -€42,469 | -74.5% |
| Income taxes | 67/77 | €17,632 | €1,911 | -€15,721 | -89.2% |
| Profit (loss) for the period | 9904 | €39,373 | €12,624 | -€26,749 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,373 | €12,624 | -€26,749 | -67.9% |
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 18 October 2026 via checked.be.