Samsøe & Samsøe Brussels: 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.
Samsøe & Samsøe Brussels
Largest movements
- Financial fixed assets -€10,810
down €10,810 (-66.9%), from €16,154 to €5,344
- Deferred charges and accrued income +€8,793
up €8,793 (+131%), from €6,726 to €15,519
- Stocks and contracts -€8,121
down €8,121 (-6.6%), from €123,449 to €115,328
- Cash -€5,674
down €5,674 (-31.7%), from €17,923 to €12,249
mainly Other debts (-€28,116) and Deferred charges and accrued income (-€8,793)
- Other debts -€28,116
down €28,116 (-4.2%), from €662,469 to €634,353
- Tax, wage and social debts +€7,980
up €7,980 (+66.0%), from €12,095 to €20,075
of which Remuneration and social security: +€5,520
- Profit (loss) carried forward +€5,914
up €5,914 (+1.1%), from -€545,596 to -€539,682
- Accrued charges and deferred income -€3,039
down €3,039 (-20.5%), from €14,840 to €11,801
- Gross operating margin +€53,605
up €53,605 (+145%), from €36,857 to €90,461
- Depreciation -€31,861
down €31,861 (-97.0%), from €32,858 to €997
- Financial charges -€24,877
down €24,877 (-83.5%), from €29,802 to €4,925
- Staff costs +€2,405
up €2,405 (+3.5%), from €67,865 to €70,271
- Write-downs -€1,812
down €1,812, from €782 to -€1,030
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 | €165,282 | €148,440 | -€16,841 | -10.2% |
| Fixed assets | 21/28 | €17,151 | €5,344 | -€11,807 | -68.8% |
| Tangible fixed assets | 22/27 | €997 | - | -€997 | |
| Furniture and vehicles | 24 | €997 | - | -€997 | |
| Financial fixed assets | 28 | €16,154 | €5,344 | -€10,810 | -66.9% |
| Current assets | 29/58 | €148,131 | €143,096 | -€5,035 | -3.4% |
| Stocks and contracts in progress | 3 | €123,449 | €115,328 | -€8,121 | -6.6% |
| Stocks | 30/36 | €123,449 | €115,328 | -€8,121 | -6.6% |
| Amounts receivable within one year | 40/41 | €33 | €0 | -€33 | -100.0% |
| Other amounts receivable | 41 | €33 | €0 | -€33 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,923 | €12,249 | -€5,674 | -31.7% |
| Deferred charges and accrued income | 490/1 | €6,726 | €15,519 | +€8,793 | +131% |
| Total equity and liabilities | 10/49 | €165,282 | €148,440 | -€16,841 | -10.2% |
| Equity | 10/15 | -€526,986 | -€521,072 | +€5,914 | +1.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | €18,550 | = | 0.0% |
| Other | 1109/19 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €60 | €60 | = | 0.0% |
| Non-distributable reserves | 130/1 | €60 | €60 | = | 0.0% |
| Reserves not available under the articles | 1311 | €60 | €60 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€545,596 | -€539,682 | +€5,914 | +1.1% |
| Amounts payable | 17/49 | €692,267 | €669,512 | -€22,755 | -3.3% |
| Amounts payable within one year | 42/48 | €677,428 | €657,711 | -€19,717 | -2.9% |
| Trade debts | 44 | €1,322 | €2,340 | +€1,017 | +76.9% |
| Suppliers | 440/4 | €1,322 | €2,340 | +€1,017 | +76.9% |
| Advances received on contracts in progress | 46 | €1,542 | €944 | -€598 | -38.8% |
| Taxes, remuneration and social security | 45 | €12,095 | €20,075 | +€7,980 | +66.0% |
| Taxes | 450/3 | €5,212 | €7,673 | +€2,460 | +47.2% |
| Remuneration and social security | 454/9 | €6,882 | €12,402 | +€5,520 | +80.2% |
| Other amounts payable | 47/48 | €662,469 | €634,353 | -€28,116 | -4.2% |
| Accrued charges and deferred income | 492/3 | €14,840 | €11,801 | -€3,039 | -20.5% |
| Remuneration, social security and pensions | 62 | €67,865 | €70,271 | +€2,405 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,858 | €997 | -€31,861 | -97.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €782 | -€1,030 | -€1,812 | |
| Other operating charges | 640/8 | €10,951 | €9,385 | -€1,566 | -14.3% |
| Gross operating margin | 9900 | €36,857 | €90,461 | +€53,605 | +145% |
| Operating profit (loss) | 9901 | -€75,599 | €10,839 | +€86,438 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +117% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +117% |
| Financial charges | 65/66B | €29,802 | €4,925 | -€24,877 | -83.5% |
| Recurring financial charges | 65 | €29,802 | €4,925 | -€24,877 | -83.5% |
| Profit (loss) for the period before taxes | 9903 | -€105,401 | €5,914 | +€111,315 | |
| Profit (loss) for the period | 9904 | -€105,401 | €5,914 | +€111,315 | |
| Profit (loss) for the period to be appropriated | 9905 | -€105,401 | €5,914 | +€111,315 |
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 15 October 2026 via checked.be.