SAMO-B: 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.
What changed
SAMO-B
NACE 49.420, Removal services
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€53,488
2023 · €21,127+€32,362
Equity
€204,883
2023 · €271,394-€66,512
Cash
€89,619
2023 · €73,179+€16,440
Balance sheet total
€994,819
2023 · €827,650+€167,169
Largest movements
Assets
- Receivables within one year +€172,185
up €172,185 (+39.7%), from €434,045 to €606,229
of which Trade receivables: +€182,210
- Tangible fixed assets -€21,256
down €21,256 (-7.0%), from €304,030 to €282,774
- Cash +€16,440
up €16,440 (+22.5%), from €73,179 to €89,619
mainly Other debts (+€121,175) and Trade debts (+€85,743)
Equity and liabilities
- Other debts +€121,175
up €121,175 (+1,328%), from €9,126 to €130,300
- Trade debts +€85,743
up €85,743 (+50.5%), from €169,806 to €255,549
- Profit (loss) carried forward -€62,537
down €62,537 (-96.6%), from €64,753 to €2,216
- Tax, wage and social debts +€50,017
up €50,017 (+118%), from €42,263 to €92,281
of which Remuneration and social security: +€34,097
- Current portion of long-term debt -€38,663
down €38,663 (-48.7%), from €79,424 to €40,761
Income statement
- Gross operating margin +€213,130
up €213,130 (+42.4%), from €502,095 to €715,224
- Staff costs +€173,496
up €173,496 (+41.4%), from €419,151 to €592,648
- Taxes +€20,792
up €20,792 (+391%), from €5,321 to €26,113
- Other operating charges -€14,097
down €14,097 (-55.1%), from €25,597 to €11,500
From the 2023 result to the 2024 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.
Result 2023
€21,127
Gross operating margin
+€213,130
Staff costs
-€173,496
Depreciation
-€2,167
Other operating charges
+€14,097
Financial income
-€394
Financial charges
+€1,964
Taxes
-€20,792
Deferred taxes and other
+€21
Result 2024
€53,488
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€166,915
Investment
-€8,235
Financing
-€142,240
Cash 2023
€73,179
From operations (derived)
+€166,915
Net result for the year
+€53,488
Depreciation
+€24,981
Stocks and contracts
+€5,000
Receivables within one year
-€172,185
Smaller working-capital items
+€21
Provisions
-€1,325
Trade debts
+€85,743
Tax, wage and social debts
+€50,017
Other debts
+€121,175
Investment (derived)
-€8,235
Investment in fixed assets (net)
-€6,221
Current investments
-€2,014
Financing
-€142,240
Debts after one year
+€16,423
Current portion of long-term debt
-€38,663
Contributions, distributions and other
-€120,000
Cash 2024
€89,619
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €827,650 | €994,819 | +€167,169 | +20.2% |
| Fixed assets | 21/28 | €306,058 | €287,298 | -€18,760 | -6.1% |
| Intangible fixed assets | 21 | €2,028 | €4,525 | +€2,496 | +123% |
| Tangible fixed assets | 22/27 | €304,030 | €282,774 | -€21,256 | -7.0% |
| Land and buildings | 22 | €247,736 | €239,762 | -€7,974 | -3.2% |
| Plant, machinery and equipment | 23 | €35,070 | €27,055 | -€8,015 | -22.9% |
| Furniture and vehicles | 24 | €21,225 | €15,957 | -€5,267 | -24.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €521,591 | €707,521 | +€185,929 | +35.6% |
| Stocks and contracts in progress | 3 | €5,000 | €0 | -€5,000 | -100% |
| Stocks | 30/36 | €5,000 | €0 | -€5,000 | -100% |
| Amounts receivable within one year | 40/41 | €434,045 | €606,229 | +€172,185 | +39.7% |
| Trade receivables | 40 | €309,338 | €491,548 | +€182,210 | +58.9% |
| Other amounts receivable | 41 | €124,707 | €114,682 | -€10,025 | -8.0% |
| Current investments | 50/53 | €630 | €2,644 | +€2,014 | +320% |
| Cash at bank and in hand | 54/58 | €73,179 | €89,619 | +€16,440 | +22.5% |
| Deferred charges and accrued income | 490/1 | €8,738 | €9,028 | +€290 | +3.3% |
| Total equity and liabilities | 10/49 | €827,650 | €994,819 | +€167,169 | +20.2% |
| Equity | 10/15 | €271,394 | €204,883 | -€66,512 | -24.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €0 | €62,000 | +€62,000 | |
| Issued capital | 100 | €0 | €62,000 | +€62,000 | |
| Contributions outside capital | 11 | €62,000 | €0 | -€62,000 | -100% |
| Other | 1109/19 | €62,000 | €0 | -€62,000 | -100% |
| Reserves | 13 | €144,641 | €140,666 | -€3,975 | -2.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €99,959 | €95,984 | -€3,975 | -4.0% |
| Distributable reserves | 133 | €38,482 | €38,482 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,753 | €2,216 | -€62,537 | -96.6% |
| Provisions and deferred taxes | 16 | €33,046 | €31,721 | -€1,325 | -4.0% |
| Deferred taxes | 168 | €33,046 | €31,721 | -€1,325 | -4.0% |
| Amounts payable | 17/49 | €523,209 | €758,215 | +€235,006 | +44.9% |
| Amounts payable after more than one year | 17 | €222,081 | €238,503 | +€16,423 | +7.4% |
| Financial debts | 170/4 | €222,081 | €238,503 | +€16,423 | +7.4% |
| Amounts payable within one year | 42/48 | €300,619 | €519,095 | +€218,477 | +72.7% |
| Current portion of amounts payable after more than one year | 42 | €79,424 | €40,761 | -€38,663 | -48.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €169,806 | €255,549 | +€85,743 | +50.5% |
| Suppliers | 440/4 | €169,806 | €255,549 | +€85,743 | +50.5% |
| Advances received on contracts in progress | 46 | - | €205 | +€205 | |
| Taxes, remuneration and social security | 45 | €42,263 | €92,281 | +€50,017 | +118% |
| Taxes | 450/3 | €21,331 | €37,252 | +€15,921 | +74.6% |
| Remuneration and social security | 454/9 | €20,932 | €55,029 | +€34,097 | +163% |
| Other amounts payable | 47/48 | €9,126 | €130,300 | +€121,175 | +1,328% |
| Accrued charges and deferred income | 492/3 | €510 | €617 | +€107 | +20.9% |
| Non-recurring operating income | 76A | - | €8,709 | +€8,709 | |
| Remuneration, social security and pensions | 62 | €419,151 | €592,648 | +€173,496 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,813 | €24,981 | +€2,167 | +9.5% |
| Other operating charges | 640/8 | €25,597 | €11,500 | -€14,097 | -55.1% |
| Gross operating margin | 9900 | €502,095 | €715,224 | +€213,130 | +42.4% |
| Operating profit (loss) | 9901 | €34,533 | €86,095 | +€51,563 | +149% |
| Financial income | 75/76B | €1,113 | €720 | -€394 | -35.3% |
| Recurring financial income | 75 | €1,113 | €720 | -€394 | -35.3% |
| Financial charges | 65/66B | €10,503 | €8,539 | -€1,964 | -18.7% |
| Recurring financial charges | 65 | €10,503 | €8,539 | -€1,964 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €25,144 | €78,276 | +€53,133 | +211% |
| Transfer from deferred taxes | 780 | €1,304 | €1,325 | +€21 | +1.6% |
| Income taxes | 67/77 | €5,321 | €26,113 | +€20,792 | +391% |
| Profit (loss) for the period | 9904 | €21,127 | €53,488 | +€32,362 | +153% |
| Transfer from tax-exempt reserves | 789 | €3,911 | €3,975 | +€63 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,038 | €57,463 | +€32,425 | +130% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.