SAMI: 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.
SAMI
Largest movements
- Tangible fixed assets -€34,160
down €34,160 (-14.9%), from €229,931 to €195,771
of which Furniture and vehicles: -€20,119
- Receivables after one year -€30,918
down €30,918 (-15.0%), from €206,635 to €175,717
- Receivables within one year +€17,266
up €17,266 (+85.8%), from €20,128 to €37,394
of which Trade receivables: +€17,377
- Cash +€12,097
up €12,097 (+18.9%), from €64,042 to €76,139
mainly Other debts (+€115,037) and Net result for the year (+€64,790)
- Other debts +€115,037
up €115,037 (+238.7%), from €48,195 to €163,232
- Reserves -€96,308
down €96,308 (-35.7%), from €270,084 to €173,776
- Debts after one year -€51,243
down €51,243 (-44.9%), from €114,167 to €62,924
- Depreciation -€15,101
down €15,101 (-38.3%), from €39,390 to €24,289
- Gross operating margin -€12,542
down €12,542 (-9.6%), from €131,185 to €118,643
- Financial charges -€2,402
down €2,402 (-25.1%), from €9,557 to €7,155
- Taxes +€1,374
up €1,374 (+5.5%), from €24,810 to €26,184
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 | €523,248 | €486,549 | -€36,700 | -7.0% |
| Fixed assets | 21/28 | €229,931 | €195,771 | -€34,160 | -14.9% |
| Tangible fixed assets | 22/27 | €229,931 | €195,771 | -€34,160 | -14.9% |
| Land and buildings | 22 | €170,145 | €158,517 | -€11,628 | -6.8% |
| Plant, machinery and equipment | 23 | €13,082 | €10,669 | -€2,413 | -18.4% |
| Furniture and vehicles | 24 | €46,704 | €26,586 | -€20,119 | -43.1% |
| Current assets | 29/58 | €293,318 | €290,777 | -€2,540 | -0.9% |
| Amounts receivable after more than one year | 29 | €206,635 | €175,717 | -€30,918 | -15.0% |
| Other amounts receivable | 291 | €206,635 | €175,717 | -€30,918 | -15.0% |
| Amounts receivable within one year | 40/41 | €20,128 | €37,394 | +€17,266 | +85.8% |
| Trade receivables | 40 | €12,594 | €29,971 | +€17,377 | +138.0% |
| Other amounts receivable | 41 | €7,534 | €7,423 | -€111 | -1.5% |
| Cash at bank and in hand | 54/58 | €64,042 | €76,139 | +€12,097 | +18.9% |
| Deferred charges and accrued income | 490/1 | €2,512 | €1,527 | -€985 | -39.2% |
| Total equity and liabilities | 10/49 | €523,248 | €486,549 | -€36,700 | -7.0% |
| Equity | 10/15 | €288,634 | €192,326 | -€96,308 | -33.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €270,084 | €173,776 | -€96,308 | -35.7% |
| Distributable reserves | 133 | €270,084 | €173,776 | -€96,308 | -35.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €234,614 | €294,223 | +€59,608 | +25.4% |
| Amounts payable after more than one year | 17 | €114,167 | €62,924 | -€51,243 | -44.9% |
| Financial debts | 170/4 | €114,167 | €62,924 | -€51,243 | -44.9% |
| Amounts payable within one year | 42/48 | €120,447 | €231,298 | +€110,851 | +92.0% |
| Current portion of amounts payable after more than one year | 42 | €52,694 | €51,243 | -€1,451 | -2.8% |
| Financial debts | 43 | - | €151 | +€151 | |
| Credit institutions | 430/8 | - | €151 | +€151 | |
| Trade debts | 44 | €2,998 | €4,185 | +€1,187 | +39.6% |
| Suppliers | 440/4 | €2,998 | €4,185 | +€1,187 | +39.6% |
| Taxes, remuneration and social security | 45 | €16,560 | €12,487 | -€4,073 | -24.6% |
| Taxes | 450/3 | €16,560 | €12,487 | -€4,073 | -24.6% |
| Other amounts payable | 47/48 | €48,195 | €163,232 | +€115,037 | +238.7% |
| Non-recurring operating income | 76A | - | €8,404 | +€8,404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,390 | €24,289 | -€15,101 | -38.3% |
| Other operating charges | 640/8 | €2,207 | €1,879 | -€328 | -14.9% |
| Gross operating margin | 9900 | €131,185 | €118,643 | -€12,542 | -9.6% |
| Operating profit (loss) | 9901 | €89,589 | €92,476 | +€2,887 | +3.2% |
| Financial income | 75/76B | €5,649 | €5,654 | +€5 | +0.1% |
| Recurring financial income | 75 | €5,649 | €5,654 | +€5 | +0.1% |
| Financial charges | 65/66B | €9,557 | €7,155 | -€2,402 | -25.1% |
| Recurring financial charges | 65 | €9,557 | €7,155 | -€2,402 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €85,680 | €90,974 | +€5,294 | +6.2% |
| Income taxes | 67/77 | €24,810 | €26,184 | +€1,374 | +5.5% |
| Profit (loss) for the period | 9904 | €60,870 | €64,790 | +€3,920 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,870 | €64,790 | +€3,920 | +6.4% |
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 2 October 2026 via checked.be.