SAMKA: 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.
SAMKA
Largest movements
- Tangible fixed assets +€763,312
up €763,312 (+41.7%), from €1.8m to €2.6m
of which Land and buildings: +€732,318
- Financial fixed assets +€210,000
up €210,000 (+29.6%), from €709,755 to €919,755
- Cash -€165,014
no longer reported in 2025 (was €165,014)
mainly Investment in fixed assets (net) (-€1.1m) and Net result for the year (-€390,653)
- Debts after one year +€1.1m
up €1.1m (+64.7%), from €1.8m to €2.9m
of which Financial debts: +€972,867
- Profit (loss) carried forward -€390,652
down €390,652, from €278,684 to -€111,969
- Tax, wage and social debts -€188,108
down €188,108 (-37.8%), from €498,068 to €309,960
of which Taxes: -€173,823
- Short-term financial debts +€179,978
new in 2025: €179,978
- Other debts +€178,175
up €178,175 (+7670.8%), from €2,323 to €180,498
- Taxes -€582,121
no longer reported in 2025 (was €582,121)
- Gross operating margin -€253,909
down €253,909, from €240,001 to -€13,908
- Other operating charges +€64,663
up €64,663 (+972.7%), from €6,648 to €71,311
- Depreciation +€63,489
up €63,489 (+106.9%), from €59,387 to €122,876
- Financial charges +€46,468
up €46,468 (+186.2%), from €24,959 to €71,427
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 | €2,719,174 | €3,560,532 | +€841,359 | +30.9% |
| Fixed assets | 21/28 | €2,538,106 | €3,511,418 | +€973,312 | +38.3% |
| Tangible fixed assets | 22/27 | €1,828,351 | €2,591,663 | +€763,312 | +41.7% |
| Land and buildings | 22 | €1,782,021 | €2,514,339 | +€732,318 | +41.1% |
| Plant, machinery and equipment | 23 | €35,580 | €30,853 | -€4,726 | -13.3% |
| Furniture and vehicles | 24 | €10,750 | €46,470 | +€35,720 | +332.3% |
| Financial fixed assets | 28 | €709,755 | €919,755 | +€210,000 | +29.6% |
| Current assets | 29/58 | €181,068 | €49,115 | -€131,953 | -72.9% |
| Amounts receivable within one year | 40/41 | €13,216 | €37,490 | +€24,274 | +183.7% |
| Trade receivables | 40 | - | €18,474 | +€18,474 | |
| Other amounts receivable | 41 | €13,216 | €19,016 | +€5,800 | +43.9% |
| Current investments | 50/53 | - | €8,787 | +€8,787 | |
| Cash at bank and in hand | 54/58 | €165,014 | - | -€165,014 | |
| Deferred charges and accrued income | 490/1 | €2,838 | €2,838 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,719,174 | €3,560,532 | +€841,359 | +30.9% |
| Equity | 10/15 | €299,144 | -€91,509 | -€390,652 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,684 | -€111,969 | -€390,652 | |
| Amounts payable | 17/49 | €2,420,030 | €3,652,041 | +€1.2m | +50.9% |
| Amounts payable after more than one year | 17 | €1,775,140 | €2,922,900 | +€1.1m | +64.7% |
| Financial debts | 170/4 | €1,775,140 | €2,748,008 | +€972,867 | +54.8% |
| Advances received on contracts in progress | 176 | - | €174,893 | +€174,893 | |
| Amounts payable within one year | 42/48 | €644,889 | €729,140 | +€84,251 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €136,479 | €25,389 | -€111,091 | -81.4% |
| Financial debts | 43 | - | €179,978 | +€179,978 | |
| Credit institutions | 430/8 | - | €179,978 | +€179,978 | |
| Trade debts | 44 | €8,019 | €33,315 | +€25,296 | +315.4% |
| Suppliers | 440/4 | €8,019 | €33,315 | +€25,296 | +315.4% |
| Taxes, remuneration and social security | 45 | €498,068 | €309,960 | -€188,108 | -37.8% |
| Taxes | 450/3 | €477,577 | €303,754 | -€173,823 | -36.4% |
| Remuneration and social security | 454/9 | €20,491 | €6,206 | -€14,285 | -69.7% |
| Other amounts payable | 47/48 | €2,323 | €180,498 | +€178,175 | +7670.8% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Remuneration, social security and pensions | 62 | €123,508 | €134,420 | +€10,912 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,387 | €122,876 | +€63,489 | +106.9% |
| Other operating charges | 640/8 | €6,648 | €71,311 | +€64,663 | +972.7% |
| Gross operating margin | 9900 | €240,001 | -€13,908 | -€253,909 | |
| Operating profit (loss) | 9901 | €50,457 | -€342,516 | -€392,973 | |
| Financial income | 75/76B | - | €23,291 | +€23,291 | |
| Recurring financial income | 75 | - | €23,291 | +€23,291 | |
| Financial charges | 65/66B | €24,959 | €71,427 | +€46,468 | +186.2% |
| Recurring financial charges | 65 | €24,959 | €71,427 | +€46,468 | +186.2% |
| Profit (loss) for the period before taxes | 9903 | €25,498 | -€390,653 | -€416,150 | |
| Income taxes | 67/77 | €582,121 | - | -€582,121 | |
| Profit (loss) for the period | 9904 | -€556,623 | -€390,653 | +€165,971 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€556,623 | -€390,653 | +€165,971 | +29.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.