SAMNAT: 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.
SAMNAT
Largest movements
- Intangible fixed assets -€224,867
no longer reported in 2025 (was €224,867)
- Cash -€19,281
down €19,281 (-91.3%), from €21,123 to €1,841
mainly Net result for the year (-€234,754) and Provisions (-€53,955)
- Reserves -€161,866
down €161,866 (-88.7%), from €182,444 to €20,579
of which Tax-exempt reserves: -€161,866
- Profit (loss) carried forward -€72,889
down €72,889 (-11.5%), from -€636,076 to -€708,964
- Tax, wage and social debts +€55,324
up €55,324 (+325.1%), from €17,019 to €72,343
of which Taxes: +€55,324
- Provisions -€53,955
no longer reported in 2025 (was €53,955)
- Debts after one year -€50,000
down €50,000 (-9.1%), from €550,000 to €500,000
- Financial charges -€45,954
down €45,954 (-99.6%), from €46,141 to €187
- Taxes +€41,946
up €41,946 (+313.5%), from €13,378 to €55,324
- Gross operating margin +€331
up €331 (+4.1%), from -€8,083 to -€7,752
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 | €247,765 | €2,559 | -€245,206 | -99.0% |
| Fixed assets | 21/28 | €224,867 | - | -€224,867 | |
| Intangible fixed assets | 21 | €224,867 | - | -€224,867 | |
| Current assets | 29/58 | €22,898 | €2,559 | -€20,339 | -88.8% |
| Amounts receivable within one year | 40/41 | €1,758 | €700 | -€1,058 | -60.2% |
| Trade receivables | 40 | €1,150 | - | -€1,150 | |
| Other amounts receivable | 41 | €608 | €700 | +€92 | +15.1% |
| Cash at bank and in hand | 54/58 | €21,123 | €1,841 | -€19,281 | -91.3% |
| Deferred charges and accrued income | 490/1 | €18 | €18 | = | 0.0% |
| Total equity and liabilities | 10/49 | €247,765 | €2,559 | -€245,206 | -99.0% |
| Equity | 10/15 | -€391,632 | -€626,386 | -€234,754 | -59.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €182,444 | €20,579 | -€161,866 | -88.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €161,866 | - | -€161,866 | |
| Distributable reserves | 133 | €14,379 | €14,379 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€636,076 | -€708,964 | -€72,889 | -11.5% |
| Provisions and deferred taxes | 16 | €53,955 | - | -€53,955 | |
| Deferred taxes | 168 | €53,955 | - | -€53,955 | |
| Amounts payable | 17/49 | €585,442 | €628,944 | +€43,503 | +7.4% |
| Amounts payable after more than one year | 17 | €550,000 | €500,000 | -€50,000 | -9.1% |
| Financial debts | 170/4 | €550,000 | €500,000 | -€50,000 | -9.1% |
| Amounts payable within one year | 42/48 | €35,037 | €128,944 | +€93,908 | +268.0% |
| Financial debts | 43 | €27 | €25 | -€2 | -6.1% |
| Credit institutions | 430/8 | €27 | €25 | -€2 | -6.1% |
| Trade debts | 44 | €7,798 | €9,331 | +€1,534 | +19.7% |
| Suppliers | 440/4 | €7,798 | €9,331 | +€1,534 | +19.7% |
| Taxes, remuneration and social security | 45 | €17,019 | €72,343 | +€55,324 | +325.1% |
| Taxes | 450/3 | €13,378 | €68,702 | +€55,324 | +413.5% |
| Remuneration and social security | 454/9 | €3,641 | €3,641 | = | 0.0% |
| Other amounts payable | 47/48 | €10,193 | €47,245 | +€37,052 | +363.5% |
| Accrued charges and deferred income | 492/3 | €405 | - | -€405 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224,867 | €224,867 | -€0 | 0.0% |
| Other operating charges | 640/8 | €543 | €579 | +€37 | +6.7% |
| Gross operating margin | 9900 | -€8,083 | -€7,752 | +€331 | +4.1% |
| Operating profit (loss) | 9901 | -€233,493 | -€233,199 | +€294 | +0.1% |
| Financial charges | 65/66B | €46,141 | €187 | -€45,954 | -99.6% |
| Recurring financial charges | 65 | €46,141 | €187 | -€45,954 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | -€279,634 | -€233,385 | +€46,249 | +16.5% |
| Transfer from deferred taxes | 780 | €28,073 | €53,955 | +€25,882 | +92.2% |
| Income taxes | 67/77 | €13,378 | €55,324 | +€41,946 | +313.5% |
| Profit (loss) for the period | 9904 | -€264,939 | -€234,754 | +€30,185 | +11.4% |
| Transfer from tax-exempt reserves | 789 | €84,218 | €161,866 | +€77,647 | +92.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€180,721 | -€72,889 | +€107,833 | +59.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.