SAMKO: 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.
SAMKO
Largest movements
- Receivables within one year +€67,439
up €67,439 (+152%), from €44,292 to €111,731
of which Other amounts receivable: +€70,459
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€649,377
down €649,377 (-99.8%), from €650,627 to €1,250
- Gross operating margin -€55,321
down €55,321 (-62.7%), from €88,277 to €32,956
- Staff costs -€21,177
down €21,177, from €21,102 to -€75
- Taxes -€11,206
down €11,206 (-78.1%), from €14,347 to €3,142
- Financial charges +€10,461
up €10,461 (+101%), from €10,323 to €20,784
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,057,059 | €4,112,878 | +€55,820 | +1.4% |
| Fixed assets | 21/28 | €3,993,812 | €3,993,812 | = | 0.0% |
| Financial fixed assets | 28 | €3,993,812 | €3,993,812 | = | 0.0% |
| Current assets | 29/58 | €63,247 | €119,067 | +€55,820 | +88.3% |
| Amounts receivable within one year | 40/41 | €44,292 | €111,731 | +€67,439 | +152% |
| Trade receivables | 40 | €32,520 | €29,500 | -€3,020 | -9.3% |
| Other amounts receivable | 41 | €11,772 | €82,231 | +€70,459 | +599% |
| Cash at bank and in hand | 54/58 | €18,105 | €7,335 | -€10,770 | -59.5% |
| Deferred charges and accrued income | 490/1 | €850 | €0 | -€850 | -100% |
| Total equity and liabilities | 10/49 | €4,057,059 | €4,112,878 | +€55,820 | +1.4% |
| Equity | 10/15 | €2,017,383 | €2,026,612 | +€9,229 | +0.5% |
| Contributions | 10/11 | €810,000 | €810,000 | = | 0.0% |
| Reserves | 13 | €1,200,978 | €1,212,828 | +€11,850 | +1.0% |
| Tax-exempt reserves | 132 | €63,150 | €0 | -€63,150 | -100% |
| Distributable reserves | 133 | €1,137,828 | €1,212,828 | +€75,000 | +6.6% |
| Profit (loss) carried forward | 14 | €6,405 | €3,784 | -€2,621 | -40.9% |
| Amounts payable | 17/49 | €2,039,676 | €2,086,266 | +€46,591 | +2.3% |
| Amounts payable within one year | 42/48 | €2,039,676 | €2,086,266 | +€46,591 | +2.3% |
| Trade debts | 44 | €11,819 | €26,441 | +€14,623 | +124% |
| Suppliers | 440/4 | €11,819 | €26,441 | +€14,623 | +124% |
| Taxes, remuneration and social security | 45 | €8,966 | €642 | -€8,325 | -92.8% |
| Taxes | 450/3 | €0 | €642 | +€642 | |
| Remuneration and social security | 454/9 | €8,966 | €0 | -€8,966 | -100% |
| Other amounts payable | 47/48 | €2,018,891 | €2,059,183 | +€40,292 | +2.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €21,102 | -€75 | -€21,177 | |
| Other operating charges | 640/8 | €605 | €1,126 | +€521 | +86.1% |
| Gross operating margin | 9900 | €88,277 | €32,956 | -€55,321 | -62.7% |
| Operating profit (loss) | 9901 | €66,570 | €31,905 | -€34,665 | -52.1% |
| Financial income | 75/76B | €650,627 | €1,250 | -€649,377 | -99.8% |
| Recurring financial income | 75 | €650,627 | €1,250 | -€649,377 | -99.8% |
| Financial charges | 65/66B | €10,323 | €20,784 | +€10,461 | +101% |
| Recurring financial charges | 65 | €10,323 | €20,784 | +€10,461 | +101% |
| Profit (loss) for the period before taxes | 9903 | €706,874 | €12,371 | -€694,503 | -98.2% |
| Income taxes | 67/77 | €14,347 | €3,142 | -€11,206 | -78.1% |
| Profit (loss) for the period | 9904 | €692,527 | €9,229 | -€683,297 | -98.7% |
| Transfer from tax-exempt reserves | 789 | - | €63,150 | +€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €692,527 | €72,379 | -€620,147 | -89.5% |
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 15 October 2026 via checked.be.