SAMELL: 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.
SAMELL
Largest movements
- Cash -€51,155
down €51,155 (-27.5%), from €186,011 to €134,857
mainly Contributions, distributions and other (-€57,025) and Investment in fixed assets (net) (-€9,404)
- Tangible fixed assets +€7,138
up €7,138 (+240%), from €2,970 to €10,108
- Receivables within one year +€2,256
up €2,256 (+10.0%), from €22,463 to €24,718
of which Other amounts receivable: +€3,858
- Reserves -€35,065
down €35,065 (-19.5%), from €179,985 to €144,921
- Tax, wage and social debts -€8,963
down €8,963 (-100%), from €8,963 to €0
- Gross operating margin -€6,825
down €6,825 (-16.7%), from €40,925 to €34,101
- Taxes -€2,087
down €2,087 (-19.6%), from €10,653 to €8,566
- Depreciation +€1,182
up €1,182 (+109%), from €1,084 to €2,266
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 | €211,927 | €170,180 | -€41,747 | -19.7% |
| Fixed assets | 21/28 | €2,970 | €10,108 | +€7,138 | +240% |
| Tangible fixed assets | 22/27 | €2,970 | €10,108 | +€7,138 | +240% |
| Furniture and vehicles | 24 | €2,970 | €10,108 | +€7,138 | +240% |
| Current assets | 29/58 | €208,957 | €160,072 | -€48,885 | -23.4% |
| Amounts receivable within one year | 40/41 | €22,463 | €24,718 | +€2,256 | +10.0% |
| Trade receivables | 40 | €22,463 | €20,860 | -€1,603 | -7.1% |
| Other amounts receivable | 41 | €0 | €3,858 | +€3,858 | |
| Cash at bank and in hand | 54/58 | €186,011 | €134,857 | -€51,155 | -27.5% |
| Deferred charges and accrued income | 490/1 | €483 | €497 | +€14 | +3.0% |
| Total equity and liabilities | 10/49 | €211,927 | €170,180 | -€41,747 | -19.7% |
| Equity | 10/15 | €186,185 | €151,121 | -€35,065 | -18.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €179,985 | €144,921 | -€35,065 | -19.5% |
| Distributable reserves | 133 | €179,985 | €144,921 | -€35,065 | -19.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €25,741 | €19,059 | -€6,682 | -26.0% |
| Amounts payable within one year | 42/48 | €25,741 | €19,059 | -€6,682 | -26.0% |
| Trade debts | 44 | €7,479 | €9,018 | +€1,539 | +20.6% |
| Suppliers | 440/4 | €7,479 | €9,018 | +€1,539 | +20.6% |
| Taxes, remuneration and social security | 45 | €8,963 | €0 | -€8,963 | -100% |
| Taxes | 450/3 | €8,963 | €0 | -€8,963 | -100% |
| Other amounts payable | 47/48 | €9,299 | €10,042 | +€743 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,084 | €2,266 | +€1,182 | +109% |
| Other operating charges | 640/8 | €1,424 | €1,036 | -€388 | -27.3% |
| Gross operating margin | 9900 | €40,925 | €34,101 | -€6,825 | -16.7% |
| Operating profit (loss) | 9901 | €38,417 | €30,798 | -€7,619 | -19.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €254 | €272 | +€18 | +7.2% |
| Recurring financial charges | 65 | €254 | €272 | +€18 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €38,163 | €30,526 | -€7,637 | -20.0% |
| Income taxes | 67/77 | €10,653 | €8,566 | -€2,087 | -19.6% |
| Profit (loss) for the period | 9904 | €27,510 | €21,960 | -€5,550 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,510 | €21,960 | -€5,550 | -20.2% |
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 28 October 2026 via checked.be.