SAMKO RES: 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 RES
Largest movements
- Tangible fixed assets +€150,285
up €150,285 (+343%), from €43,827 to €194,112
of which Plant, machinery and equipment: +€111,176
- Stocks and contracts +€88,320
new in 2025: €88,320
- Receivables within one year +€57,788
up €57,788 (+236%), from €24,500 to €82,288
of which Trade receivables: +€43,825
- Cash +€18,179
up €18,179 (+346%), from €5,247 to €23,426
mainly Other debts (+€221,410) and Trade debts (+€67,825)
- Other debts +€221,410
up €221,410 (+1,578%), from €14,027 to €235,437
- Trade debts +€67,825
up €67,825 (+2,035%), from €3,334 to €71,158
- Debts after one year +€18,546
up €18,546 (+62.5%), from €29,679 to €48,225
- Tax, wage and social debts +€16,297
up €16,297 (+326%), from €5,004 to €21,301
of which Remuneration and social security: +€17,094
- Reserves -€12,800
down €12,800 (-4.8%), from €268,407 to €255,607
- Staff costs +€172,214
new in 2025: €172,214
- Gross operating margin +€158,710
up €158,710 (+465%), from €34,110 to €192,820
- Depreciation +€14,595
up €14,595 (+133%), from €10,957 to €25,552
- Financial charges +€8,943
up €8,943 (+389%), from €2,300 to €11,243
- Taxes -€4,304
no longer reported in 2025 (was €4,304)
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 | €358,726 | €673,806 | +€315,080 | +87.8% |
| Fixed assets | 21/28 | €328,827 | €479,112 | +€150,285 | +45.7% |
| Tangible fixed assets | 22/27 | €43,827 | €194,112 | +€150,285 | +343% |
| Plant, machinery and equipment | 23 | - | €111,176 | +€111,176 | |
| Furniture and vehicles | 24 | €43,827 | €65,930 | +€22,103 | +50.4% |
| Other tangible fixed assets | 26 | - | €17,006 | +€17,006 | |
| Financial fixed assets | 28 | €285,000 | €285,000 | = | 0.0% |
| Current assets | 29/58 | €29,899 | €194,694 | +€164,795 | +551% |
| Stocks and contracts in progress | 3 | - | €88,320 | +€88,320 | |
| Stocks | 30/36 | - | €88,320 | +€88,320 | |
| Amounts receivable within one year | 40/41 | €24,500 | €82,288 | +€57,788 | +236% |
| Trade receivables | 40 | €2,731 | €46,556 | +€43,825 | +1,605% |
| Other amounts receivable | 41 | €21,769 | €35,732 | +€13,963 | +64.1% |
| Cash at bank and in hand | 54/58 | €5,247 | €23,426 | +€18,179 | +346% |
| Deferred charges and accrued income | 490/1 | €152 | €660 | +€508 | +334% |
| Total equity and liabilities | 10/49 | €358,726 | €673,806 | +€315,080 | +87.8% |
| Equity | 10/15 | €285,017 | €268,007 | -€17,010 | -6.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €268,407 | €255,607 | -€12,800 | -4.8% |
| Distributable reserves | 133 | €268,407 | €255,607 | -€12,800 | -4.8% |
| Profit (loss) carried forward | 14 | €4,210 | - | -€4,210 | |
| Amounts payable | 17/49 | €73,710 | €405,799 | +€332,090 | +451% |
| Amounts payable after more than one year | 17 | €29,679 | €48,225 | +€18,546 | +62.5% |
| Financial debts | 170/4 | €29,679 | €48,225 | +€18,546 | +62.5% |
| Amounts payable within one year | 42/48 | €40,881 | €354,425 | +€313,544 | +767% |
| Current portion of amounts payable after more than one year | 42 | €8,516 | €16,528 | +€8,013 | +94.1% |
| Financial debts | 43 | €10,000 | €10,000 | = | 0.0% |
| Credit institutions | 430/8 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €3,334 | €71,158 | +€67,825 | +2,035% |
| Suppliers | 440/4 | €3,334 | €71,158 | +€67,825 | +2,035% |
| Taxes, remuneration and social security | 45 | €5,004 | €21,301 | +€16,297 | +326% |
| Taxes | 450/3 | €5,004 | €4,208 | -€797 | -15.9% |
| Remuneration and social security | 454/9 | - | €17,094 | +€17,094 | |
| Other amounts payable | 47/48 | €14,027 | €235,437 | +€221,410 | +1,578% |
| Accrued charges and deferred income | 492/3 | €3,150 | €3,150 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €172,214 | +€172,214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,957 | €25,552 | +€14,595 | +133% |
| Other operating charges | 640/8 | €1,074 | €925 | -€149 | -13.8% |
| Gross operating margin | 9900 | €34,110 | €192,820 | +€158,710 | +465% |
| Operating profit (loss) | 9901 | €22,079 | -€5,871 | -€27,951 | |
| Financial income | 75/76B | - | €104 | +€104 | |
| Recurring financial income | 75 | - | €104 | +€104 | |
| Financial charges | 65/66B | €2,300 | €11,243 | +€8,943 | +389% |
| Recurring financial charges | 65 | €2,300 | €11,243 | +€8,943 | +389% |
| Profit (loss) for the period before taxes | 9903 | €19,779 | -€17,010 | -€36,789 | |
| Income taxes | 67/77 | €4,304 | - | -€4,304 | |
| Profit (loss) for the period | 9904 | €15,476 | -€17,010 | -€32,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,476 | -€17,010 | -€32,486 |
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 16 October 2026 via checked.be.