SaMe: 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.
SaMe
Largest movements
- Cash +€15,530
up €15,530 (+25.7%), from €60,455 to €75,985
mainly Depreciation (+€45,350) and Net result for the year (+€37,442)
- Tangible fixed assets +€11,796
up €11,796 (+2.6%), from €453,637 to €465,433
of which Land and buildings: +€8,075
- Reserves +€37,442
up €37,442 (+22.9%), from €163,609 to €201,051
- Debts after one year -€20,914
down €20,914 (-8.9%), from €235,946 to €215,032
- Current portion of long-term debt +€20,653
up €20,653 (+66.0%), from €31,271 to €51,924
- Trade debts -€13,620
down €13,620 (-75.6%), from €18,007 to €4,387
- Accrued charges and deferred income +€6,645
up €6,645 (+71.3%), from €9,320 to €15,965
- Gross operating margin +€11,701
up €11,701 (+10.9%), from €107,006 to €118,708
- Taxes +€3,919
up €3,919 (+31.8%), from €12,339 to €16,258
- Other operating charges -€1,891
down €1,891 (-34.2%), from €5,533 to €3,642
- Depreciation +€1,704
up €1,704 (+3.9%), from €43,645 to €45,350
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 | €540,915 | €569,147 | +€28,233 | +5.2% |
| Fixed assets | 21/28 | €453,637 | €465,433 | +€11,796 | +2.6% |
| Tangible fixed assets | 22/27 | €453,637 | €465,433 | +€11,796 | +2.6% |
| Land and buildings | 22 | €450,004 | €458,080 | +€8,075 | +1.8% |
| Plant, machinery and equipment | 23 | - | €1,004 | +€1,004 | |
| Furniture and vehicles | 24 | €3,632 | €6,349 | +€2,716 | +74.8% |
| Current assets | 29/58 | €87,278 | €103,715 | +€16,436 | +18.8% |
| Amounts receivable within one year | 40/41 | €24,060 | €23,762 | -€297 | -1.2% |
| Trade receivables | 40 | €22,398 | €23,762 | +€1,364 | +6.1% |
| Other amounts receivable | 41 | €1,661 | - | -€1,661 | |
| Cash at bank and in hand | 54/58 | €60,455 | €75,985 | +€15,530 | +25.7% |
| Deferred charges and accrued income | 490/1 | €2,764 | €3,967 | +€1,203 | +43.5% |
| Total equity and liabilities | 10/49 | €540,915 | €569,147 | +€28,233 | +5.2% |
| Equity | 10/15 | €169,809 | €207,251 | +€37,442 | +22.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €163,609 | €201,051 | +€37,442 | +22.9% |
| Distributable reserves | 133 | €163,609 | €201,051 | +€37,442 | +22.9% |
| Amounts payable | 17/49 | €371,106 | €361,896 | -€9,210 | -2.5% |
| Amounts payable after more than one year | 17 | €235,946 | €215,032 | -€20,914 | -8.9% |
| Financial debts | 170/4 | €235,946 | €215,032 | -€20,914 | -8.9% |
| Amounts payable within one year | 42/48 | €125,840 | €130,900 | +€5,060 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €31,271 | €51,924 | +€20,653 | +66.0% |
| Trade debts | 44 | €18,007 | €4,387 | -€13,620 | -75.6% |
| Suppliers | 440/4 | €18,007 | €4,387 | -€13,620 | -75.6% |
| Taxes, remuneration and social security | 45 | €9,759 | €10,820 | +€1,062 | +10.9% |
| Taxes | 450/3 | €9,759 | €10,820 | +€1,062 | +10.9% |
| Other amounts payable | 47/48 | €66,804 | €63,769 | -€3,035 | -4.5% |
| Accrued charges and deferred income | 492/3 | €9,320 | €15,965 | +€6,645 | +71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,645 | €45,350 | +€1,704 | +3.9% |
| Other operating charges | 640/8 | €5,533 | €3,642 | -€1,891 | -34.2% |
| Gross operating margin | 9900 | €107,006 | €118,708 | +€11,701 | +10.9% |
| Operating profit (loss) | 9901 | €57,828 | €69,716 | +€11,888 | +20.6% |
| Financial income | 75/76B | €11 | €5 | -€6 | -50.7% |
| Recurring financial income | 75 | €11 | €5 | -€6 | -50.7% |
| Financial charges | 65/66B | €17,165 | €16,021 | -€1,144 | -6.7% |
| Recurring financial charges | 65 | €17,165 | €16,021 | -€1,144 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €40,674 | €53,701 | +€13,027 | +32.0% |
| Income taxes | 67/77 | €12,339 | €16,258 | +€3,919 | +31.8% |
| Profit (loss) for the period | 9904 | €28,334 | €37,442 | +€9,108 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,334 | €37,442 | +€9,108 | +32.1% |
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 29 October 2026 via checked.be.