SAMBAT 1: 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.
SAMBAT 1
Largest movements
- Tangible fixed assets +€38,290
up €38,290 (+2.7%), from €1.4m to €1.5m
- Debts after one year +€81,652
up €81,652 (+5.0%), from €1.6m to €1.7m
- Profit (loss) carried forward -€28,146
down €28,146 (-8.7%), from -€325,221 to -€353,368
- Other operating charges -€12,760
down €12,760 (-51.2%), from €24,919 to €12,160
- Gross operating margin -€6,203
down €6,203 (-7.0%), from €88,820 to €82,617
- Financial charges -€5,362
down €5,362 (-8.5%), from €62,916 to €57,554
- Depreciation +€956
up €956 (+2.4%), from €40,093 to €41,050
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 | €1,442,106 | €1,480,570 | +€38,464 | +2.7% |
| Fixed assets | 21/28 | €1,419,454 | €1,457,744 | +€38,290 | +2.7% |
| Tangible fixed assets | 22/27 | €1,419,454 | €1,457,744 | +€38,290 | +2.7% |
| Land and buildings | 22 | €1,419,454 | €1,457,744 | +€38,290 | +2.7% |
| Current assets | 29/58 | €22,652 | €22,826 | +€174 | +0.8% |
| Amounts receivable within one year | 40/41 | €9,271 | €9,367 | +€96 | +1.0% |
| Trade receivables | 40 | €9,271 | €9,367 | +€96 | +1.0% |
| Cash at bank and in hand | 54/58 | €10,323 | €10,302 | -€21 | -0.2% |
| Deferred charges and accrued income | 490/1 | €3,058 | €3,158 | +€99 | +3.2% |
| Total equity and liabilities | 10/49 | €1,442,106 | €1,480,570 | +€38,464 | +2.7% |
| Equity | 10/15 | -€263,721 | -€291,868 | -€28,146 | -10.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€325,221 | -€353,368 | -€28,146 | -8.7% |
| Amounts payable | 17/49 | €1,705,827 | €1,772,438 | +€66,611 | +3.9% |
| Amounts payable after more than one year | 17 | €1,623,421 | €1,705,073 | +€81,652 | +5.0% |
| Financial debts | 170/4 | €1,623,421 | €1,705,073 | +€81,652 | +5.0% |
| Amounts payable within one year | 42/48 | €62,506 | €59,303 | -€3,203 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €52,023 | €53,348 | +€1,324 | +2.5% |
| Trade debts | 44 | €7,318 | €2,500 | -€4,818 | -65.8% |
| Suppliers | 440/4 | €7,318 | €2,500 | -€4,818 | -65.8% |
| Taxes, remuneration and social security | 45 | €3,164 | €3,455 | +€291 | +9.2% |
| Taxes | 450/3 | €3,164 | €3,455 | +€291 | +9.2% |
| Accrued charges and deferred income | 492/3 | €19,901 | €8,062 | -€11,839 | -59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,093 | €41,050 | +€956 | +2.4% |
| Other operating charges | 640/8 | €24,919 | €12,160 | -€12,760 | -51.2% |
| Gross operating margin | 9900 | €88,820 | €82,617 | -€6,203 | -7.0% |
| Operating profit (loss) | 9901 | €23,807 | €29,408 | +€5,601 | +23.5% |
| Financial charges | 65/66B | €62,916 | €57,554 | -€5,362 | -8.5% |
| Recurring financial charges | 65 | €62,916 | €57,554 | -€5,362 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€39,109 | -€28,146 | +€10,963 | +28.0% |
| Profit (loss) for the period | 9904 | -€39,109 | -€28,146 | +€10,963 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,109 | -€28,146 | +€10,963 | +28.0% |
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 30 September 2026 via checked.be.