SAMO: 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.
SAMO
Largest movements
- Receivables within one year -€11,561
down €11,561 (-99.6%), from €11,613 to €51
- Tangible fixed assets -€8,842
down €8,842 (-38.2%), from €23,148 to €14,306
of which Furniture and vehicles: -€6,573
- Profit (loss) carried forward -€10,150
down €10,150 (-29.9%), from -€33,978 to -€44,128
- Current portion of long-term debt -€6,140
down €6,140 (-100%), from €6,140 to €0
- Other debts -€3,891
down €3,891 (-48.8%), from €7,976 to €4,084
- Gross operating margin +€17,073
up €17,073, from -€15,266 to €1,807
- Depreciation -€3,552
down €3,552 (-23.9%), from €14,865 to €11,313
- Other operating charges -€335
down €335 (-20.4%), from €1,648 to €1,313
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 | €115,409 | €94,658 | -€20,752 | -18.0% |
| Fixed assets | 21/28 | €23,148 | €14,306 | -€8,842 | -38.2% |
| Tangible fixed assets | 22/27 | €23,148 | €14,306 | -€8,842 | -38.2% |
| Furniture and vehicles | 24 | €14,320 | €7,747 | -€6,573 | -45.9% |
| Other tangible fixed assets | 26 | €8,828 | €6,559 | -€2,269 | -25.7% |
| Current assets | 29/58 | €92,261 | €80,351 | -€11,909 | -12.9% |
| Amounts receivable within one year | 40/41 | €11,613 | €51 | -€11,561 | -99.6% |
| Other amounts receivable | 41 | €11,613 | €51 | -€11,561 | -99.6% |
| Current investments | 50/53 | €60,338 | €60,842 | +€504 | +0.8% |
| Cash at bank and in hand | 54/58 | €17,430 | €17,374 | -€56 | -0.3% |
| Deferred charges and accrued income | 490/1 | €2,880 | €2,084 | -€796 | -27.7% |
| Total equity and liabilities | 10/49 | €115,409 | €94,658 | -€20,752 | -18.0% |
| Equity | 10/15 | €99,088 | €88,939 | -€10,150 | -10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €114,467 | €114,467 | = | 0.0% |
| Tax-exempt reserves | 132 | €354 | €354 | = | 0.0% |
| Distributable reserves | 133 | €114,112 | €114,112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,978 | -€44,128 | -€10,150 | -29.9% |
| Amounts payable | 17/49 | €16,321 | €5,719 | -€10,602 | -65.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,321 | €5,719 | -€10,602 | -65.0% |
| Current portion of amounts payable after more than one year | 42 | €6,140 | €0 | -€6,140 | -100% |
| Trade debts | 44 | €2,099 | €1,389 | -€710 | -33.8% |
| Suppliers | 440/4 | €2,099 | €1,389 | -€710 | -33.8% |
| Taxes, remuneration and social security | 45 | €106 | €245 | +€139 | +131% |
| Taxes | 450/3 | €106 | €245 | +€139 | +131% |
| Other amounts payable | 47/48 | €7,976 | €4,084 | -€3,891 | -48.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €20,500 | +€20,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,865 | €11,313 | -€3,552 | -23.9% |
| Other operating charges | 640/8 | €1,648 | €1,313 | -€335 | -20.4% |
| Gross operating margin | 9900 | -€15,266 | €1,807 | +€17,073 | |
| Operating profit (loss) | 9901 | -€31,779 | -€10,819 | +€20,961 | +66.0% |
| Financial income | 75/76B | €1,194 | €1,113 | -€81 | -6.8% |
| Recurring financial income | 75 | €1,194 | €1,113 | -€81 | -6.8% |
| Financial charges | 65/66B | €306 | €162 | -€144 | -47.1% |
| Recurring financial charges | 65 | €306 | €162 | -€144 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,891 | -€9,867 | +€21,024 | +68.1% |
| Income taxes | 67/77 | €332 | €283 | -€50 | -14.9% |
| Profit (loss) for the period | 9904 | -€31,223 | -€10,150 | +€21,073 | +67.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,223 | -€10,150 | +€21,073 | +67.5% |
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 30 October 2026 via checked.be.