SAMM PROJECTS: 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.
SAMM PROJECTS
Largest movements
- Receivables within one year -€116,113
down €116,113 (-63.5%), from €182,853 to €66,740
of which Trade receivables: -€86,674
- Tangible fixed assets +€102,192
up €102,192 (+36.3%), from €281,387 to €383,579
of which Land and buildings: +€102,651
- Trade debts +€30,115
up €30,115 (+24.7%), from €121,775 to €151,890
- Other debts -€24,255
down €24,255 (-15.2%), from €159,208 to €134,953
- Profit (loss) carried forward -€13,597
down €13,597 (-1087.4%), from -€1,250 to -€14,847
- Debts after one year -€9,742
down €9,742 (-5.5%), from €176,387 to €166,645
- Gross operating margin -€8,858
down €8,858 (-39.0%), from €22,703 to €13,845
- Depreciation +€7,818
up €7,818 (+78.3%), from €9,990 to €17,808
- Financial charges +€7,156
up €7,156 (+299.0%), from €2,393 to €9,549
- Other operating charges -€2,033
down €2,033 (-90.3%), from €2,252 to €219
- Financial income +€1,389
up €1,389 (+13888200.0%), from €0 to €1,389
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 | €469,733 | €457,384 | -€12,350 | -2.6% |
| Fixed assets | 21/28 | €281,387 | €383,579 | +€102,192 | +36.3% |
| Tangible fixed assets | 22/27 | €281,387 | €383,579 | +€102,192 | +36.3% |
| Land and buildings | 22 | €280,577 | €383,228 | +€102,651 | +36.6% |
| Furniture and vehicles | 24 | €810 | €351 | -€459 | -56.6% |
| Current assets | 29/58 | €188,346 | €73,804 | -€114,542 | -60.8% |
| Amounts receivable within one year | 40/41 | €182,853 | €66,740 | -€116,113 | -63.5% |
| Trade receivables | 40 | €88,181 | €1,507 | -€86,674 | -98.3% |
| Other amounts receivable | 41 | €94,672 | €65,233 | -€29,439 | -31.1% |
| Cash at bank and in hand | 54/58 | €5,493 | €7,065 | +€1,572 | +28.6% |
| Total equity and liabilities | 10/49 | €469,733 | €457,384 | -€12,350 | -2.6% |
| Equity | 10/15 | €3,750 | -€9,847 | -€13,597 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,250 | -€14,847 | -€13,597 | -1087.4% |
| Amounts payable | 17/49 | €465,984 | €467,231 | +€1,247 | +0.3% |
| Amounts payable after more than one year | 17 | €176,387 | €166,645 | -€9,742 | -5.5% |
| Financial debts | 170/4 | €176,387 | €166,645 | -€9,742 | -5.5% |
| Amounts payable within one year | 42/48 | €289,597 | €296,586 | +€6,989 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €8,613 | €9,742 | +€1,129 | +13.1% |
| Trade debts | 44 | €121,775 | €151,890 | +€30,115 | +24.7% |
| Suppliers | 440/4 | €121,775 | €151,890 | +€30,115 | +24.7% |
| Other amounts payable | 47/48 | €159,208 | €134,953 | -€24,255 | -15.2% |
| Accrued charges and deferred income | 492/3 | - | €4,000 | +€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,990 | €17,808 | +€7,818 | +78.3% |
| Other operating charges | 640/8 | €2,252 | €219 | -€2,033 | -90.3% |
| Non-recurring operating charges | 66A | €9,318 | €0 | -€9,318 | -100.0% |
| Gross operating margin | 9900 | €22,703 | €13,845 | -€8,858 | -39.0% |
| Operating profit (loss) | 9901 | €1,143 | -€4,182 | -€5,325 | |
| Financial income | 75/76B | €0 | €1,389 | +€1,389 | +13888200.0% |
| Recurring financial income | 75 | €0 | €1,389 | +€1,389 | +13888200.0% |
| Financial charges | 65/66B | €2,393 | €9,549 | +€7,156 | +299.0% |
| Recurring financial charges | 65 | €2,393 | €9,549 | +€7,156 | +299.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,250 | -€12,343 | -€11,092 | -887.1% |
| Income taxes | 67/77 | - | €1,254 | +€1,254 | |
| Profit (loss) for the period | 9904 | -€1,250 | -€13,597 | -€12,346 | -987.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,250 | -€13,597 | -€12,346 | -987.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.