SAMTECHNICS: 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.
SAMTECHNICS
Largest movements
- Receivables within one year +€20,773
up €20,773 (+23.3%), from €89,235 to €110,008
of which Trade receivables: +€20,993
- Cash +€15,338
up €15,338 (+300%), from €5,107 to €20,445
mainly Net result for the year (+€19,973) and Other debts (+€19,973)
- Tangible fixed assets -€14,337
down €14,337 (-55.7%), from €25,741 to €11,403
of which Plant, machinery and equipment: -€13,508
- Deferred charges and accrued income -€2,969
down €2,969 (-7.0%), from €42,704 to €39,735
- Other debts +€19,973
new in 2025: €19,973
- Trade debts +€8,899
up €8,899 (+116%), from €7,681 to €16,580
- Tax, wage and social debts -€8,617
down €8,617 (-36.2%), from €23,803 to €15,186
of which Taxes: -€7,837
- Current portion of long-term debt -€2,476
down €2,476 (-100%), from €2,476 to €0
- Gross operating margin +€36,247
up €36,247 (+59.5%), from €60,911 to €97,158
- Staff costs +€18,448
up €18,448 (+66.9%), from €27,569 to €46,017
- Taxes +€4,489
up €4,489 (+55.1%), from €8,145 to €12,634
- Other operating charges -€3,303
down €3,303 (-55.8%), from €5,924 to €2,621
- Financial charges -€2,431
down €2,431 (-81.6%), from €2,980 to €550
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 | €182,731 | €200,511 | +€17,779 | +9.7% |
| Fixed assets | 21/28 | €25,741 | €11,403 | -€14,337 | -55.7% |
| Tangible fixed assets | 22/27 | €25,741 | €11,403 | -€14,337 | -55.7% |
| Plant, machinery and equipment | 23 | €23,029 | €9,521 | -€13,508 | -58.7% |
| Furniture and vehicles | 24 | €2,711 | €1,882 | -€829 | -30.6% |
| Current assets | 29/58 | €156,991 | €189,107 | +€32,117 | +20.5% |
| Amounts receivable after more than one year | 29 | €9,693 | €9,693 | = | 0.0% |
| Other amounts receivable | 291 | €9,693 | €9,693 | = | 0.0% |
| Stocks and contracts in progress | 3 | €10,251 | €9,226 | -€1,025 | -10.0% |
| Stocks | 30/36 | €10,251 | €9,226 | -€1,025 | -10.0% |
| Amounts receivable within one year | 40/41 | €89,235 | €110,008 | +€20,773 | +23.3% |
| Trade receivables | 40 | €63,262 | €84,255 | +€20,993 | +33.2% |
| Other amounts receivable | 41 | €25,973 | €25,753 | -€220 | -0.8% |
| Cash at bank and in hand | 54/58 | €5,107 | €20,445 | +€15,338 | +300% |
| Deferred charges and accrued income | 490/1 | €42,704 | €39,735 | -€2,969 | -7.0% |
| Total equity and liabilities | 10/49 | €182,731 | €200,511 | +€17,779 | +9.7% |
| Equity | 10/15 | €148,772 | €148,772 | = | 0.0% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €136,172 | €136,172 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,200 | €8,200 | = | 0.0% |
| Distributable reserves | 133 | €127,972 | €127,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €33,959 | €51,739 | +€17,779 | +52.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €33,959 | €51,739 | +€17,779 | +52.4% |
| Current portion of amounts payable after more than one year | 42 | €2,476 | €0 | -€2,476 | -100% |
| Trade debts | 44 | €7,681 | €16,580 | +€8,899 | +116% |
| Suppliers | 440/4 | €7,681 | €16,580 | +€8,899 | +116% |
| Taxes, remuneration and social security | 45 | €23,803 | €15,186 | -€8,617 | -36.2% |
| Taxes | 450/3 | €17,979 | €10,142 | -€7,837 | -43.6% |
| Remuneration and social security | 454/9 | €5,824 | €5,044 | -€780 | -13.4% |
| Other amounts payable | 47/48 | - | €19,973 | +€19,973 | |
| Remuneration, social security and pensions | 62 | €27,569 | €46,017 | +€18,448 | +66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,494 | €14,337 | -€1,157 | -7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,089 | €1,025 | -€64 | -5.9% |
| Other operating charges | 640/8 | €5,924 | €2,621 | -€3,303 | -55.8% |
| Gross operating margin | 9900 | €60,911 | €97,158 | +€36,247 | +59.5% |
| Operating profit (loss) | 9901 | €10,835 | €33,157 | +€22,322 | +206% |
| Financial income | 75/76B | €1 | €0 | -€1 | -97.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -97.7% |
| Financial charges | 65/66B | €2,980 | €550 | -€2,431 | -81.6% |
| Recurring financial charges | 65 | €2,980 | €550 | -€2,431 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | €7,856 | €32,607 | +€24,752 | +315% |
| Income taxes | 67/77 | €8,145 | €12,634 | +€4,489 | +55.1% |
| Profit (loss) for the period | 9904 | -€289 | €19,973 | +€20,262 | |
| Profit (loss) for the period to be appropriated | 9905 | -€289 | €19,973 | +€20,262 |
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 26 October 2026 via checked.be.