SAMCAN: 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.
SAMCAN
Largest movements
- Receivables within one year -€321,508
down €321,508 (-88.0%), from €365,165 to €43,657
of which Trade receivables: -€233,707
- Cash -€213,261
down €213,261 (-92.7%), from €230,003 to €16,742
mainly Contributions, distributions and other (-€256,000) and Other debts (-€212,489)
- Tangible fixed assets -€11,921
down €11,921 (-16.2%), from €73,667 to €61,747
of which Furniture and vehicles: -€12,418
- Other debts -€212,489
no longer reported in 2025 (was €212,489)
- Reserves -€190,904
down €190,904 (-74.5%), from €256,206 to €65,302
- Trade debts -€105,534
down €105,534 (-93.6%), from €112,743 to €7,209
- Tax, wage and social debts -€28,409
down €28,409 (-69.2%), from €41,082 to €12,674
of which Taxes: -€28,569
- Debts after one year -€9,747
down €9,747 (-26.4%), from €36,860 to €27,113
- Gross operating margin -€32,578
down €32,578 (-24.0%), from €135,847 to €103,269
- Taxes -€10,482
down €10,482 (-36.9%), from €28,409 to €17,927
- Depreciation +€9,176
up €9,176 (+99.6%), from €9,208 to €18,384
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 | €668,835 | €122,145 | -€546,690 | -81.7% |
| Fixed assets | 21/28 | €73,667 | €61,747 | -€11,921 | -16.2% |
| Tangible fixed assets | 22/27 | €73,667 | €61,747 | -€11,921 | -16.2% |
| Plant, machinery and equipment | 23 | €1,320 | €1,817 | +€498 | +37.7% |
| Furniture and vehicles | 24 | €72,348 | €59,929 | -€12,418 | -17.2% |
| Current assets | 29/58 | €595,167 | €60,398 | -€534,769 | -89.9% |
| Amounts receivable within one year | 40/41 | €365,165 | €43,657 | -€321,508 | -88.0% |
| Trade receivables | 40 | €235,761 | €2,054 | -€233,707 | -99.1% |
| Other amounts receivable | 41 | €129,403 | €41,602 | -€87,801 | -67.9% |
| Cash at bank and in hand | 54/58 | €230,003 | €16,742 | -€213,261 | -92.7% |
| Total equity and liabilities | 10/49 | €668,835 | €122,145 | -€546,690 | -81.7% |
| Equity | 10/15 | €256,306 | €65,402 | -€190,904 | -74.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €256,206 | €65,302 | -€190,904 | -74.5% |
| Distributable reserves | 133 | €256,206 | €65,302 | -€190,904 | -74.5% |
| Amounts payable | 17/49 | €412,529 | €56,743 | -€355,786 | -86.2% |
| Amounts payable after more than one year | 17 | €36,860 | €27,113 | -€9,747 | -26.4% |
| Financial debts | 170/4 | €36,860 | €27,113 | -€9,747 | -26.4% |
| Amounts payable within one year | 42/48 | €375,669 | €29,629 | -€346,039 | -92.1% |
| Current portion of amounts payable after more than one year | 42 | €9,354 | €9,747 | +€392 | +4.2% |
| Trade debts | 44 | €112,743 | €7,209 | -€105,534 | -93.6% |
| Suppliers | 440/4 | €112,743 | €7,209 | -€105,534 | -93.6% |
| Taxes, remuneration and social security | 45 | €41,082 | €12,674 | -€28,409 | -69.2% |
| Taxes | 450/3 | €41,082 | €12,514 | -€28,569 | -69.5% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €212,489 | - | -€212,489 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,208 | €18,384 | +€9,176 | +99.6% |
| Other operating charges | 640/8 | €1,643 | €1,415 | -€227 | -13.8% |
| Gross operating margin | 9900 | €135,847 | €103,269 | -€32,578 | -24.0% |
| Operating profit (loss) | 9901 | €124,996 | €83,470 | -€41,526 | -33.2% |
| Financial income | 75/76B | €1,102 | €1,475 | +€373 | +33.9% |
| Recurring financial income | 75 | €1,102 | €1,475 | +€373 | +33.9% |
| Financial charges | 65/66B | €877 | €1,922 | +€1,045 | +119.2% |
| Recurring financial charges | 65 | €877 | €1,922 | +€1,045 | +119.2% |
| Profit (loss) for the period before taxes | 9903 | €125,221 | €83,023 | -€42,198 | -33.7% |
| Income taxes | 67/77 | €28,409 | €17,927 | -€10,482 | -36.9% |
| Profit (loss) for the period | 9904 | €96,813 | €65,096 | -€31,716 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €96,813 | €65,096 | -€31,716 | -32.8% |
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 5 October 2026 via checked.be.