SAMTRA: 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.
SAMTRA
Largest movements
- Current investments -€675,140
down €675,140 (-76.3%), from €884,653 to €209,512
- Cash +€36,483
up €36,483 (+36.2%), from €100,738 to €137,222
mainly Current investments (+€675,140) and Net result for the year (+€346,023)
- Tangible fixed assets -€12,176
down €12,176 (-42.9%), from €28,349 to €16,173
- Other debts -€510,000
down €510,000 (-99.9%), from €510,389 to €389
- Tax, wage and social debts -€88,399
down €88,399 (-85.8%), from €102,987 to €14,587
- Profit (loss) carried forward -€53,977
down €53,977 (-13.3%), from €406,857 to €352,880
- Gross operating margin +€157,367
up €157,367 (+51.7%), from €304,219 to €461,585
- Taxes +€35,744
up €35,744 (+47.4%), from €75,379 to €111,123
- Financial income -€11,534
down €11,534 (-54.2%), from €21,295 to €9,761
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 | €1,049,525 | €400,083 | -€649,443 | -61.9% |
| Fixed assets | 21/28 | €28,349 | €16,173 | -€12,176 | -42.9% |
| Tangible fixed assets | 22/27 | €28,349 | €16,173 | -€12,176 | -42.9% |
| Furniture and vehicles | 24 | €28,349 | €16,173 | -€12,176 | -42.9% |
| Current assets | 29/58 | €1,021,176 | €383,910 | -€637,267 | -62.4% |
| Amounts receivable within one year | 40/41 | €30,084 | €34,793 | +€4,709 | +15.7% |
| Trade receivables | 40 | €26,134 | €29,040 | +€2,906 | +11.1% |
| Other amounts receivable | 41 | €3,950 | €5,753 | +€1,803 | +45.6% |
| Current investments | 50/53 | €884,653 | €209,512 | -€675,140 | -76.3% |
| Cash at bank and in hand | 54/58 | €100,738 | €137,222 | +€36,483 | +36.2% |
| Deferred charges and accrued income | 490/1 | €5,701 | €2,383 | -€3,318 | -58.2% |
| Total equity and liabilities | 10/49 | €1,049,525 | €400,083 | -€649,443 | -61.9% |
| Equity | 10/15 | €432,680 | €378,702 | -€53,977 | -12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,223 | €7,223 | = | 0.0% |
| Distributable reserves | 133 | €7,223 | €7,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | €406,857 | €352,880 | -€53,977 | -13.3% |
| Amounts payable | 17/49 | €616,846 | €21,380 | -€595,465 | -96.5% |
| Amounts payable within one year | 42/48 | €616,846 | €21,380 | -€595,465 | -96.5% |
| Trade debts | 44 | €3,470 | €6,404 | +€2,934 | +84.6% |
| Suppliers | 440/4 | €3,470 | €6,404 | +€2,934 | +84.6% |
| Taxes, remuneration and social security | 45 | €102,987 | €14,587 | -€88,399 | -85.8% |
| Taxes | 450/3 | €102,987 | €14,587 | -€88,399 | -85.8% |
| Other amounts payable | 47/48 | €510,389 | €389 | -€510,000 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,176 | €12,176 | = | 0.0% |
| Other operating charges | 640/8 | €1,743 | €1,790 | +€47 | +2.7% |
| Gross operating margin | 9900 | €304,219 | €461,585 | +€157,367 | +51.7% |
| Operating profit (loss) | 9901 | €290,299 | €447,619 | +€157,320 | +54.2% |
| Financial income | 75/76B | €21,295 | €9,761 | -€11,534 | -54.2% |
| Recurring financial income | 75 | €21,295 | €9,761 | -€11,534 | -54.2% |
| Financial charges | 65/66B | €188 | €235 | +€47 | +24.8% |
| Recurring financial charges | 65 | €188 | €235 | +€47 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €311,406 | €457,145 | +€145,739 | +46.8% |
| Income taxes | 67/77 | €75,379 | €111,123 | +€35,744 | +47.4% |
| Profit (loss) for the period | 9904 | €236,028 | €346,023 | +€109,995 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €236,028 | €346,023 | +€109,995 | +46.6% |
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 29 September 2026 via checked.be.