SAMCHEER: 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.
SAMCHEER
Largest movements
- Tangible fixed assets -€15,409
down €15,409 (-4.6%), from €335,887 to €320,477
of which Land and buildings: -€15,264
- Stocks and contracts -€4,909
down €4,909 (-25.8%), from €19,018 to €14,109
- Profit (loss) carried forward -€24,968
down €24,968 (-2.7%), from -€914,615 to -€939,583
- Trade debts -€7,710
down €7,710 (-46.5%), from €16,595 to €8,886
- Advances received +€6,517
new in 2025: €6,517
- Gross operating margin +€23,242
up €23,242 (+88.2%), from -€26,347 to -€3,105
- Depreciation -€10,116
down €10,116 (-39.6%), from €25,525 to €15,409
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 | €360,942 | €339,533 | -€21,409 | -5.9% |
| Fixed assets | 21/28 | €335,887 | €320,477 | -€15,409 | -4.6% |
| Tangible fixed assets | 22/27 | €335,887 | €320,477 | -€15,409 | -4.6% |
| Land and buildings | 22 | €335,596 | €320,331 | -€15,264 | -4.5% |
| Furniture and vehicles | 24 | €291 | €146 | -€145 | -49.9% |
| Current assets | 29/58 | €25,055 | €19,055 | -€6,000 | -23.9% |
| Stocks and contracts in progress | 3 | €19,018 | €14,109 | -€4,909 | -25.8% |
| Stocks | 30/36 | €19,018 | €14,109 | -€4,909 | -25.8% |
| Amounts receivable within one year | 40/41 | €4,107 | €4,307 | +€200 | +4.9% |
| Trade receivables | 40 | €4,107 | €4,307 | +€200 | +4.9% |
| Cash at bank and in hand | 54/58 | €1,930 | €639 | -€1,290 | -66.9% |
| Total equity and liabilities | 10/49 | €360,942 | €339,533 | -€21,409 | -5.9% |
| Equity | 10/15 | -€766,488 | -€791,456 | -€24,968 | -3.3% |
| Contributions | 10/11 | €118,592 | €118,592 | = | 0.0% |
| Reserves | 13 | €29,536 | €29,536 | = | 0.0% |
| 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 | €13,896 | €13,896 | = | 0.0% |
| Distributable reserves | 133 | €13,780 | €13,780 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€914,615 | -€939,583 | -€24,968 | -2.7% |
| Amounts payable | 17/49 | €1,127,429 | €1,130,989 | +€3,559 | +0.3% |
| Amounts payable within one year | 42/48 | €918,330 | €921,889 | +€3,559 | +0.4% |
| Trade debts | 44 | €16,595 | €8,886 | -€7,710 | -46.5% |
| Suppliers | 440/4 | €16,595 | €8,886 | -€7,710 | -46.5% |
| Advances received on contracts in progress | 46 | - | €6,517 | +€6,517 | |
| Taxes, remuneration and social security | 45 | €478 | €2,835 | +€2,357 | +493.0% |
| Taxes | 450/3 | €478 | €2,835 | +€2,357 | +493.0% |
| Other amounts payable | 47/48 | €901,256 | €903,651 | +€2,395 | +0.3% |
| Accrued charges and deferred income | 492/3 | €209,100 | €209,100 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €10 | - | -€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,525 | €15,409 | -€10,116 | -39.6% |
| Other operating charges | 640/8 | €7,557 | €7,761 | +€205 | +2.7% |
| Gross operating margin | 9900 | -€26,347 | -€3,105 | +€23,242 | +88.2% |
| Operating profit (loss) | 9901 | -€59,439 | -€26,275 | +€33,164 | +55.8% |
| Financial income | 75/76B | €1,445 | €1,694 | +€249 | +17.2% |
| Recurring financial income | 75 | €1,445 | €1,694 | +€249 | +17.2% |
| Financial charges | 65/66B | €289 | €386 | +€98 | +33.8% |
| Recurring financial charges | 65 | €289 | €386 | +€98 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | -€58,283 | -€24,968 | +€33,315 | +57.2% |
| Profit (loss) for the period | 9904 | -€58,283 | -€24,968 | +€33,315 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,283 | -€24,968 | +€33,315 | +57.2% |
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 7 October 2026 via checked.be.