SAMTIC: 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.
SAMTIC
Largest movements
- Receivables after one year -€80,000
no longer reported in 2025 (was €80,000)
- Cash -€34,807
down €34,807 (-56.8%), from €61,305 to €26,498
mainly Other debts (-€64,998) and Contributions, distributions and other (-€43,313)
- Other debts -€64,998
down €64,998 (-60.0%), from €108,311 to €43,313
- Debts after one year -€27,845
down €27,845 (-19.8%), from €140,561 to €112,716
- Reserves -€22,141
down €22,141 (-19.1%), from €115,683 to €93,542
- Current portion of long-term debt +€4,370
up €4,370 (+12.7%), from €34,477 to €38,847
- Gross operating margin +€4,876
up €4,876 (+11.2%), from €43,409 to €48,285
- Depreciation +€4,643
up €4,643 (+43.6%), from €10,646 to €15,289
- Financial charges -€3,294
down €3,294 (-37.2%), from €8,850 to €5,555
- Taxes +€844
up €844 (+12.2%), from €6,913 to €7,757
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 | €436,587 | €324,573 | -€112,014 | -25.7% |
| Fixed assets | 21/28 | €218,943 | €220,651 | +€1,708 | +0.8% |
| Intangible fixed assets | 21 | €1,697 | €851 | -€846 | -49.9% |
| Tangible fixed assets | 22/27 | €217,246 | €219,800 | +€2,554 | +1.2% |
| Land and buildings | 22 | €217,087 | €207,693 | -€9,394 | -4.3% |
| Plant, machinery and equipment | 23 | €160 | - | -€160 | |
| Furniture and vehicles | 24 | - | €12,107 | +€12,107 | |
| Current assets | 29/58 | €217,644 | €103,922 | -€113,722 | -52.3% |
| Amounts receivable after more than one year | 29 | €80,000 | - | -€80,000 | |
| Other amounts receivable | 291 | €80,000 | - | -€80,000 | |
| Stocks and contracts in progress | 3 | €60,904 | €60,700 | -€204 | -0.3% |
| Stocks | 30/36 | €60,904 | €60,700 | -€204 | -0.3% |
| Amounts receivable within one year | 40/41 | €11,021 | €12,887 | +€1,867 | +16.9% |
| Trade receivables | 40 | €10,675 | €12,194 | +€1,519 | +14.2% |
| Other amounts receivable | 41 | €346 | €693 | +€348 | +101% |
| Cash at bank and in hand | 54/58 | €61,305 | €26,498 | -€34,807 | -56.8% |
| Deferred charges and accrued income | 490/1 | €4,413 | €3,836 | -€578 | -13.1% |
| Total equity and liabilities | 10/49 | €436,587 | €324,573 | -€112,014 | -25.7% |
| Equity | 10/15 | €134,233 | €112,092 | -€22,141 | -16.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €115,683 | €93,542 | -€22,141 | -19.1% |
| Distributable reserves | 133 | €115,683 | €93,542 | -€22,141 | -19.1% |
| Amounts payable | 17/49 | €302,354 | €212,481 | -€89,873 | -29.7% |
| Amounts payable after more than one year | 17 | €140,561 | €112,716 | -€27,845 | -19.8% |
| Financial debts | 170/4 | €140,561 | €112,716 | -€27,845 | -19.8% |
| Amounts payable within one year | 42/48 | €161,793 | €99,607 | -€62,186 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €34,477 | €38,847 | +€4,370 | +12.7% |
| Trade debts | 44 | €7,653 | €8,907 | +€1,255 | +16.4% |
| Suppliers | 440/4 | €7,653 | €8,907 | +€1,255 | +16.4% |
| Taxes, remuneration and social security | 45 | €11,352 | €8,540 | -€2,813 | -24.8% |
| Taxes | 450/3 | €11,352 | €8,540 | -€2,813 | -24.8% |
| Other amounts payable | 47/48 | €108,311 | €43,313 | -€64,998 | -60.0% |
| Accrued charges and deferred income | 492/3 | - | €158 | +€158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,646 | €15,289 | +€4,643 | +43.6% |
| Other operating charges | 640/8 | €4,195 | €4,550 | +€356 | +8.5% |
| Non-recurring operating charges | 66A | €927 | €34 | -€893 | -96.3% |
| Gross operating margin | 9900 | €43,409 | €48,285 | +€4,876 | +11.2% |
| Operating profit (loss) | 9901 | €27,641 | €28,412 | +€771 | +2.8% |
| Financial income | 75/76B | €5,772 | €6,072 | +€301 | +5.2% |
| Recurring financial income | 75 | €4,747 | €4,138 | -€609 | -12.8% |
| Non-recurring financial income | 76B | €1,024 | €1,934 | +€909 | +88.8% |
| Financial charges | 65/66B | €8,850 | €5,555 | -€3,294 | -37.2% |
| Recurring financial charges | 65 | €8,850 | €5,555 | -€3,294 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €24,563 | €28,929 | +€4,366 | +17.8% |
| Income taxes | 67/77 | €6,913 | €7,757 | +€844 | +12.2% |
| Profit (loss) for the period | 9904 | €17,651 | €21,172 | +€3,522 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,651 | €21,172 | +€3,522 | +20.0% |
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 16 October 2026 via checked.be.