SAMS: 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.
SAMS
Largest movements
- Receivables within one year -€53,982
down €53,982 (-88.9%), from €60,703 to €6,721
of which Trade receivables: -€53,372
- Tangible fixed assets -€10,658
down €10,658 (-26.3%), from €40,577 to €29,919
of which Leasing and similar rights: -€12,215
- Cash -€7,791
down €7,791 (-10.6%), from €73,347 to €65,556
mainly Contributions, distributions and other (-€25,908) and Trade debts (-€20,817)
- Deferred charges and accrued income +€2,068
up €2,068 (+476.3%), from €434 to €2,502
- Profit (loss) carried forward -€32,827
down €32,827 (-34.2%), from €96,020 to €63,193
- Trade debts -€20,817
down €20,817 (-90.7%), from €22,962 to €2,145
- Tax, wage and social debts -€14,294
down €14,294 (-76.3%), from €18,736 to €4,442
of which Taxes: -€14,100
- Debts after one year -€10,092
down €10,092 (-48.0%), from €21,033 to €10,941
- Other debts +€5,940
up €5,940 (+126.5%), from €4,696 to €10,636
- Gross operating margin -€48,194
down €48,194 (-82.1%), from €58,721 to €10,527
- Taxes -€12,607
down €12,607, from €12,251 to -€356
- Other operating charges +€2,082
up €2,082, from €0 to €2,082
- Depreciation -€796
down €796 (-5.6%), from €14,314 to €13,519
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 | €175,061 | €104,698 | -€70,363 | -40.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €40,577 | €29,919 | -€10,658 | -26.3% |
| Tangible fixed assets | 22/27 | €40,577 | €29,919 | -€10,658 | -26.3% |
| Plant, machinery and equipment | 23 | €1,129 | €0 | -€1,129 | -100.0% |
| Furniture and vehicles | 24 | €52 | €2,738 | +€2,687 | +5201.4% |
| Leasing and similar rights | 25 | €39,396 | €27,181 | -€12,215 | -31.0% |
| Current assets | 29/58 | €134,484 | €74,779 | -€59,705 | -44.4% |
| Amounts receivable within one year | 40/41 | €60,703 | €6,721 | -€53,982 | -88.9% |
| Trade receivables | 40 | €58,719 | €5,346 | -€53,372 | -90.9% |
| Other amounts receivable | 41 | €1,985 | €1,375 | -€610 | -30.7% |
| Cash at bank and in hand | 54/58 | €73,347 | €65,556 | -€7,791 | -10.6% |
| Deferred charges and accrued income | 490/1 | €434 | €2,502 | +€2,068 | +476.3% |
| Total equity and liabilities | 10/49 | €175,061 | €104,698 | -€70,363 | -40.2% |
| Equity | 10/15 | €97,020 | €64,193 | -€32,827 | -33.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,020 | €63,193 | -€32,827 | -34.2% |
| Amounts payable | 17/49 | €78,041 | €40,505 | -€37,536 | -48.1% |
| Amounts payable after more than one year | 17 | €21,033 | €10,941 | -€10,092 | -48.0% |
| Financial debts | 170/4 | €21,033 | €10,941 | -€10,092 | -48.0% |
| Amounts payable within one year | 42/48 | €57,006 | €29,563 | -€27,442 | -48.1% |
| Current portion of amounts payable after more than one year | 42 | €10,612 | €12,341 | +€1,729 | +16.3% |
| Trade debts | 44 | €22,962 | €2,145 | -€20,817 | -90.7% |
| Suppliers | 440/4 | €22,962 | €2,145 | -€20,817 | -90.7% |
| Taxes, remuneration and social security | 45 | €18,736 | €4,442 | -€14,294 | -76.3% |
| Taxes | 450/3 | €18,236 | €4,136 | -€14,100 | -77.3% |
| Remuneration and social security | 454/9 | €500 | €306 | -€194 | -38.8% |
| Other amounts payable | 47/48 | €4,696 | €10,636 | +€5,940 | +126.5% |
| Accrued charges and deferred income | 492/3 | €2 | - | -€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,314 | €13,519 | -€796 | -5.6% |
| Other operating charges | 640/8 | €0 | €2,082 | +€2,082 | |
| Gross operating margin | 9900 | €58,721 | €10,527 | -€48,194 | -82.1% |
| Operating profit (loss) | 9901 | €44,406 | -€5,073 | -€49,480 | |
| Financial income | 75/76B | €0 | €16 | +€16 | +81850.0% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +81850.0% |
| Financial charges | 65/66B | €1,860 | €2,217 | +€357 | +19.2% |
| Recurring financial charges | 65 | €1,860 | €2,217 | +€357 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €42,546 | -€7,274 | -€49,820 | |
| Income taxes | 67/77 | €12,251 | -€356 | -€12,607 | |
| Profit (loss) for the period | 9904 | €30,295 | -€6,918 | -€37,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,295 | -€6,918 | -€37,213 |
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 6 October 2026 via checked.be.