SAMMTEX: 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.
SAMMTEX
Largest movements
- Cash -€83,053
down €83,053 (-78.5%), from €105,761 to €22,708
mainly Trade debts (-€62,881) and Net result for the year (-€24,144)
- Tangible fixed assets -€28,671
down €28,671 (-35.1%), from €81,699 to €53,028
of which Furniture and vehicles: -€20,131
- Trade debts -€62,881
down €62,881 (-60.4%), from €104,105 to €41,225
- Profit (loss) carried forward -€24,144
down €24,144 (-121%), from -€19,892 to -€44,035
- Other debts -€12,922
down €12,922 (-3.6%), from €361,775 to €348,853
- Debts after one year -€8,609
down €8,609 (-42.1%), from €20,432 to €11,823
- Gross operating margin -€11,897
down €11,897 (-25.6%), from €46,447 to €34,549
- Depreciation -€2,013
down €2,013 (-7.2%), from €27,849 to €25,836
- Staff costs +€1,174
up €1,174 (+5.1%), from €22,950 to €24,124
- Financial charges -€1,068
down €1,068 (-47.6%), from €2,243 to €1,175
- Other operating charges +€526
up €526 (+7.5%), from €7,058 to €7,584
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 | €595,525 | €480,987 | -€114,538 | -19.2% |
| Fixed assets | 21/28 | €81,952 | €53,281 | -€28,671 | -35.0% |
| Tangible fixed assets | 22/27 | €81,699 | €53,028 | -€28,671 | -35.1% |
| Land and buildings | 22 | €36,771 | €28,232 | -€8,540 | -23.2% |
| Furniture and vehicles | 24 | €44,927 | €24,796 | -€20,131 | -44.8% |
| Financial fixed assets | 28 | €253 | €253 | = | 0.0% |
| Current assets | 29/58 | €513,573 | €427,706 | -€85,867 | -16.7% |
| Stocks and contracts in progress | 3 | €404,533 | €399,743 | -€4,790 | -1.2% |
| Stocks | 30/36 | €404,533 | €399,743 | -€4,790 | -1.2% |
| Amounts receivable within one year | 40/41 | €2,876 | €2,789 | -€87 | -3.0% |
| Trade receivables | 40 | €2,876 | €2,570 | -€306 | -10.6% |
| Other amounts receivable | 41 | - | €219 | +€219 | |
| Cash at bank and in hand | 54/58 | €105,761 | €22,708 | -€83,053 | -78.5% |
| Deferred charges and accrued income | 490/1 | €404 | €2,467 | +€2,063 | +511% |
| Total equity and liabilities | 10/49 | €595,525 | €480,987 | -€114,538 | -19.2% |
| Equity | 10/15 | €72,820 | €48,677 | -€24,144 | -33.2% |
| Contributions | 10/11 | €84,284 | €84,284 | = | 0.0% |
| Capital | 10 | €84,284 | €84,284 | = | 0.0% |
| Issued capital | 100 | €84,284 | €84,284 | = | 0.0% |
| Reserves | 13 | €8,428 | €8,428 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,428 | €8,428 | = | 0.0% |
| Legal reserve | 130 | €8,428 | €8,428 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,892 | -€44,035 | -€24,144 | -121% |
| Amounts payable | 17/49 | €522,704 | €432,310 | -€90,394 | -17.3% |
| Amounts payable after more than one year | 17 | €20,432 | €11,823 | -€8,609 | -42.1% |
| Financial debts | 170/4 | €20,432 | €11,823 | -€8,609 | -42.1% |
| Amounts payable within one year | 42/48 | €502,272 | €420,487 | -€81,785 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €13,944 | €8,609 | -€5,335 | -38.3% |
| Trade debts | 44 | €104,105 | €41,225 | -€62,881 | -60.4% |
| Suppliers | 440/4 | €104,105 | €41,225 | -€62,881 | -60.4% |
| Taxes, remuneration and social security | 45 | €22,448 | €21,800 | -€648 | -2.9% |
| Taxes | 450/3 | €17,333 | €16,532 | -€800 | -4.6% |
| Remuneration and social security | 454/9 | €5,115 | €5,268 | +€153 | +3.0% |
| Other amounts payable | 47/48 | €361,775 | €348,853 | -€12,922 | -3.6% |
| Remuneration, social security and pensions | 62 | €22,950 | €24,124 | +€1,174 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,849 | €25,836 | -€2,013 | -7.2% |
| Other operating charges | 640/8 | €7,058 | €7,584 | +€526 | +7.5% |
| Gross operating margin | 9900 | €46,447 | €34,549 | -€11,897 | -25.6% |
| Operating profit (loss) | 9901 | -€11,411 | -€22,996 | -€11,585 | -102% |
| Financial income | 75/76B | €173 | €27 | -€145 | -84.1% |
| Recurring financial income | 75 | €173 | €27 | -€145 | -84.1% |
| Financial charges | 65/66B | €2,243 | €1,175 | -€1,068 | -47.6% |
| Recurring financial charges | 65 | €2,243 | €1,175 | -€1,068 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,481 | -€24,144 | -€10,662 | -79.1% |
| Profit (loss) for the period | 9904 | -€13,481 | -€24,144 | -€10,662 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,481 | -€24,144 | -€10,662 | -79.1% |
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 14 October 2026 via checked.be.