SAMIVA: 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.
SAMIVA
Largest movements
- Tangible fixed assets +€94,372
up €94,372 (+64.3%), from €146,710 to €241,082
of which Plant, machinery and equipment: +€57,222
- Cash -€25,381
down €25,381 (-58.7%), from €43,241 to €17,859
mainly Investment in fixed assets (net) (-€96,444) and Net result for the year (-€24,317)
- Stocks and contracts +€12,839
new in 2025: €12,839
- Receivables within one year +€4,701
up €4,701 (+136%), from €3,452 to €8,153
of which Other amounts receivable: +€4,361
- Deferred charges and accrued income +€3,079
new in 2025: €3,079
- Other debts +€115,697
up €115,697 (+116%), from €99,867 to €215,564
- Profit (loss) carried forward -€24,317
down €24,317 (-117%), from -€20,779 to -€45,096
- Trade debts -€8,968
down €8,968 (-62.6%), from €14,314 to €5,347
- Tax, wage and social debts +€7,198
new in 2025: €7,198
of which Remuneration and social security: +€6,550
- Staff costs +€12,854
new in 2025: €12,854
- Depreciation +€2,071
new in 2025: €2,071
- Gross operating margin -€1,838
down €1,838 (-33.4%), from -€5,506 to -€7,344
- Financial charges +€1,302
up €1,302 (+846%), from €154 to €1,456
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 | €193,402 | €283,013 | +€89,611 | +46.3% |
| Fixed assets | 21/28 | €146,710 | €241,082 | +€94,372 | +64.3% |
| Tangible fixed assets | 22/27 | €146,710 | €241,082 | +€94,372 | +64.3% |
| Plant, machinery and equipment | 23 | €128,162 | €185,385 | +€57,222 | +44.6% |
| Furniture and vehicles | 24 | €10,112 | €22,274 | +€12,162 | +120% |
| Other tangible fixed assets | 26 | €8,435 | €33,423 | +€24,988 | +296% |
| Current assets | 29/58 | €46,693 | €41,931 | -€4,762 | -10.2% |
| Stocks and contracts in progress | 3 | - | €12,839 | +€12,839 | |
| Stocks | 30/36 | - | €12,839 | +€12,839 | |
| Amounts receivable within one year | 40/41 | €3,452 | €8,153 | +€4,701 | +136% |
| Trade receivables | 40 | - | €340 | +€340 | |
| Other amounts receivable | 41 | €3,452 | €7,813 | +€4,361 | +126% |
| Cash at bank and in hand | 54/58 | €43,241 | €17,859 | -€25,381 | -58.7% |
| Deferred charges and accrued income | 490/1 | - | €3,079 | +€3,079 | |
| Total equity and liabilities | 10/49 | €193,402 | €283,013 | +€89,611 | +46.3% |
| Equity | 10/15 | €79,221 | €54,904 | -€24,317 | -30.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,779 | -€45,096 | -€24,317 | -117% |
| Amounts payable | 17/49 | €114,181 | €228,109 | +€113,928 | +99.8% |
| Amounts payable within one year | 42/48 | €114,181 | €228,109 | +€113,928 | +99.8% |
| Trade debts | 44 | €14,314 | €5,347 | -€8,968 | -62.6% |
| Suppliers | 440/4 | €14,314 | €5,347 | -€8,968 | -62.6% |
| Taxes, remuneration and social security | 45 | - | €7,198 | +€7,198 | |
| Taxes | 450/3 | - | €648 | +€648 | |
| Remuneration and social security | 454/9 | - | €6,550 | +€6,550 | |
| Other amounts payable | 47/48 | €99,867 | €215,564 | +€115,697 | +116% |
| Remuneration, social security and pensions | 62 | - | €12,854 | +€12,854 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,071 | +€2,071 | |
| Other operating charges | 640/8 | €578 | €593 | +€14 | +2.5% |
| Gross operating margin | 9900 | -€5,506 | -€7,344 | -€1,838 | -33.4% |
| Operating profit (loss) | 9901 | -€6,085 | -€22,862 | -€16,777 | -276% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €154 | €1,456 | +€1,302 | +846% |
| Recurring financial charges | 65 | €154 | €1,456 | +€1,302 | +846% |
| Profit (loss) for the period before taxes | 9903 | -€6,239 | -€24,317 | -€18,079 | -290% |
| Profit (loss) for the period | 9904 | -€6,239 | -€24,317 | -€18,079 | -290% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,239 | -€24,317 | -€18,079 | -290% |
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 22 October 2026 via checked.be.