SAMBRELEASE: 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
SAMBRELEASE
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2.0m
2024 · -€520,560-€1.5m
Equity
€28.9m
2024 · €30.9m-€2.0m
Cash
€72,172
2024 · €281,930-€209,758
Balance sheet total
€50.0m
2024 · €49.2m+€767,146
Largest movements
Assets
- Stocks and contracts +€5.5m
new in 2025: €5.5m
- Receivables within one year -€3.3m
down €3.3m (-73.0%), from €4.6m to €1.2m
of which Other amounts receivable: -€3.5m
- Receivables after one year -€2.9m
down €2.9m (-51.1%), from €5.6m to €2.7m
- Financial fixed assets +€1.2m
up €1.2m (+7.1%), from €17.0m to €18.2m
of which Companies linked by participating interests: +€6.0m
- Tangible fixed assets +€661,914
up €661,914 (+3.1%), from €21.6m to €22.2m
of which Assets under construction and advance payments: +€2.6m
Equity and liabilities
- Other debts +€7.0m
up €7.0m (+175.4%), from €4.0m to €11.0m
- Short-term financial debts -€3.0m
no longer reported in 2025 (was €3.0m)
- Profit (loss) carried forward -€2.0m
down €2.0m, from €601,194 to -€1.4m
- Debts after one year -€1.2m
down €1.2m (-13.4%), from €8.7m to €7.5m
Income statement
- Financial income +€760,410
up €760,410 (+62.2%), from €1.2m to €2.0m
of which Non-recurring financial income: +€965,283
- Financial charges -€355,839
down €355,839 (-24.4%), from €1.5m to €1.1m
of which Non-recurring financial charges: -€238,290
- Other operating charges +€168,778
up €168,778 (+42.3%), from €398,740 to €567,518
- Depreciation +€142,323
up €142,323 (+19.5%), from €729,742 to €872,065
- Services and other goods +€123,896
up €123,896 (+17.9%), from €693,340 to €817,236
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
-€520,560
Turnover
-€13,239
Other operating income
-€63,499
Services and other goods
-€123,896
Depreciation
-€142,323
Other operating charges
-€168,778
Other operating items
-€2.1m
Financial income
+€760,410
Financial charges
+€355,839
Taxes
+€29,313
Result 2025
-€2.0m
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
+€6.7m
Investment
-€2.7m
Financing
-€4.2m
Cash 2024
€281,930
From operations (derived)
+€6.7m
Net result for the year
-€2.0m
Depreciation
+€872,065
Receivables after one year
+€2.9m
Stocks and contracts
-€5.5m
Receivables within one year
+€3.3m
Deferred charges and accrued income
+€171,841
Trade debts
+€13,027
Tax, wage and social debts
-€58,743
Other debts
+€7.0m
Accrued charges and deferred income
-€40,282
Investment (derived)
-€2.7m
Investment in fixed assets (net)
-€2.7m
Financing
-€4.2m
Debts after one year
-€1.2m
Current portion of long-term debt
-€17,603
Short-term financial debts
-€3.0m
Cash 2025
€72,172
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,241,724 | €50,008,870 | +€767,146 | +1.6% |
| Fixed assets | 21/28 | €38,550,620 | €40,425,089 | +€1.9m | +4.9% |
| Tangible fixed assets | 22/27 | €21,561,452 | €22,223,366 | +€661,914 | +3.1% |
| Land and buildings | 22 | €21,407,294 | €19,443,434 | -€2.0m | -9.2% |
| Furniture and vehicles | 24 | €44,840 | €47,699 | +€2,859 | +6.4% |
| Other tangible fixed assets | 26 | €41,659 | €38,745 | -€2,914 | -7.0% |
| Assets under construction and advance payments | 27 | €67,659 | €2,693,488 | +€2.6m | +3881.0% |
| Financial fixed assets | 28 | €16,989,168 | €18,201,723 | +€1.2m | +7.1% |
| Affiliated companies | 280/1 | €6,644,519 | €2,538,434 | -€4.1m | -61.8% |
| Participating interests | 280 | €4,894,360 | €749,000 | -€4.1m | -84.7% |
| Amounts receivable | 281 | €1,750,159 | €1,789,434 | +€39,275 | +2.2% |
| Companies linked by participating interests | 282/3 | - | €6,044,500 | +€6.0m | |
| Participating interests | 282 | - | €5,444,500 | +€5.4m | |
| Amounts receivable | 283 | - | €600,000 | +€600,000 | |
| Other financial fixed assets | 284/8 | €10,344,649 | €9,618,789 | -€725,860 | -7.0% |
| Shares | 284 | €1,852,324 | €1,990,088 | +€137,764 | +7.4% |
| Amounts receivable and cash guarantees | 285/8 | €8,492,325 | €7,628,701 | -€863,624 | -10.2% |
| Current assets | 29/58 | €10,691,104 | €9,583,781 | -€1.1m | -10.4% |
| Amounts receivable after more than one year | 29 | €5,596,890 | €2,735,988 | -€2.9m | -51.1% |
| Other amounts receivable | 291 | €5,596,890 | €2,735,988 | -€2.9m | -51.1% |
| Stocks and contracts in progress | 3 | - | €5,483,116 | +€5.5m | |
| Stocks | 30/36 | - | €5,483,116 | +€5.5m | |
| Property held for sale | 35 | - | €5,483,116 | +€5.5m | |
| Amounts receivable within one year | 40/41 | €4,587,062 | €1,239,124 | -€3.3m | -73.0% |
| Trade receivables | 40 | €598,025 | €791,204 | +€193,179 | +32.3% |
| Other amounts receivable | 41 | €3,989,037 | €447,920 | -€3.5m | -88.8% |
| Cash at bank and in hand | 54/58 | €281,930 | €72,172 | -€209,758 | -74.4% |
| Deferred charges and accrued income | 490/1 | €225,222 | €53,381 | -€171,841 | -76.3% |
| Total equity and liabilities | 10/49 | €49,241,724 | €50,008,870 | +€767,146 | +1.6% |
| Equity | 10/15 | €30,938,155 | €28,947,335 | -€2.0m | -6.4% |
| Contributions | 10/11 | €30,000,000 | €30,000,000 | = | 0.0% |
| Capital | 10 | €30,000,000 | €30,000,000 | = | 0.0% |
| Issued capital | 100 | €30,000,000 | €30,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | €205,000 | €205,000 | = | 0.0% |
| Reserves | 13 | €131,961 | €131,961 | = | 0.0% |
| Non-distributable reserves | 130/1 | €131,961 | €131,961 | = | 0.0% |
| Legal reserve | 130 | €131,961 | €131,961 | = | 0.0% |
| Profit (loss) carried forward | 14 | €601,194 | -€1,389,626 | -€2.0m | |
| Amounts payable | 17/49 | €18,303,569 | €21,061,535 | +€2.8m | +15.1% |
| Amounts payable after more than one year | 17 | €8,679,736 | €7,517,847 | -€1.2m | -13.4% |
| Financial debts | 170/4 | €8,679,736 | €7,517,847 | -€1.2m | -13.4% |
| Credit institutions | 173 | €8,679,736 | €7,517,847 | -€1.2m | -13.4% |
| Amounts payable within one year | 42/48 | €9,571,647 | €13,531,784 | +€4.0m | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €1,179,492 | €1,161,889 | -€17,603 | -1.5% |
| Financial debts | 43 | €3,000,000 | - | -€3.0m | |
| Other loans | 439 | €3,000,000 | - | -€3.0m | |
| Trade debts | 44 | €1,321,946 | €1,334,973 | +€13,027 | +1.0% |
| Suppliers | 440/4 | €1,321,946 | €1,334,973 | +€13,027 | +1.0% |
| Taxes, remuneration and social security | 45 | €65,092 | €6,349 | -€58,743 | -90.2% |
| Taxes | 450/3 | €65,092 | €6,349 | -€58,743 | -90.2% |
| Other amounts payable | 47/48 | €4,005,117 | €11,028,573 | +€7.0m | +175.4% |
| Accrued charges and deferred income | 492/3 | €52,186 | €11,904 | -€40,282 | -77.2% |
| Operating income | 70/76A | €1,565,551 | €2,008,957 | +€443,406 | +28.3% |
| Turnover | 70 | €732,601 | €719,362 | -€13,239 | -1.8% |
| Other operating income | 74 | €544,616 | €481,117 | -€63,499 | -11.7% |
| Non-recurring operating income | 76A | €288,334 | €808,478 | +€520,144 | +180.4% |
| Operating charges | 60/66A | €1,821,822 | €4,881,050 | +€3.1m | +167.9% |
| Services and other goods | 61 | €693,340 | €817,236 | +€123,896 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €729,742 | €872,065 | +€142,323 | +19.5% |
| Other operating charges | 640/8 | €398,740 | €567,518 | +€168,778 | +42.3% |
| Non-recurring operating charges | 66A | - | €2,624,231 | +€2.6m | |
| Operating profit (loss) | 9901 | -€256,271 | -€2,872,093 | -€2.6m | -1020.7% |
| Financial income | 75/76B | €1,223,265 | €1,983,675 | +€760,410 | +62.2% |
| Recurring financial income | 75 | €560,602 | €355,729 | -€204,873 | -36.5% |
| Income from financial fixed assets | 750 | €560,602 | €355,729 | -€204,873 | -36.5% |
| Non-recurring financial income | 76B | €662,663 | €1,627,946 | +€965,283 | +145.7% |
| Financial charges | 65/66B | €1,458,241 | €1,102,402 | -€355,839 | -24.4% |
| Recurring financial charges | 65 | €370,960 | €253,411 | -€117,549 | -31.7% |
| Debt charges | 650 | €363,307 | €247,007 | -€116,300 | -32.0% |
| Other financial charges | 652/9 | €7,653 | €6,404 | -€1,249 | -16.3% |
| Non-recurring financial charges | 66B | €1,087,281 | €848,991 | -€238,290 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€491,247 | -€1,990,820 | -€1.5m | -305.3% |
| Income taxes | 67/77 | €29,313 | - | -€29,313 | |
| Taxes | 670/3 | €29,313 | - | -€29,313 | |
| Profit (loss) for the period | 9904 | -€520,560 | -€1,990,820 | -€1.5m | -282.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€520,560 | -€1,990,820 | -€1.5m | -282.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.