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SAMUEL: 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.

What changed

SAMUEL

BE 0479.241.663
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€378
2024 · -€702+€324
Equity
-€105,554
2024 · -€105,176-€378
Cash
€90
2024 · €138-€48
Balance sheet total
€90
2024 · €138-€48

Largest movements

2024 to 2025
Assets
  • Cash -€48

    down €48 (-34.6%), from €138 to €90

    mainly Trade debts (-€870) and Net result for the year (-€378)

Equity and liabilities
  • Other debts +€1,200

    up €1,200 (+5.7%), from €21,112 to €22,312

  • Trade debts -€870

    down €870 (-72.3%), from €1,203 to €333

  • Profit (loss) carried forward -€378

    down €378 (-0.3%), from -€111,376 to -€111,754

Income statement
  • Gross operating margin +€324

    up €324 (+49.3%), from -€657 to -€333

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€702
Gross operating margin +€324
Result 2025 -€378

Cash bridge derived

cash 2024 to 2025

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.

From operations -€48
Investment €0
Financing €0
Cash 2024 €138
Net result for the year -€378
Trade debts -€870
Other debts +€1,200
Cash 2025 €90
Every line side by side 21 lines
Line Code 2024 2025 Change %
Total assets 20/58 €138 €90 -€48 -34.6%
Current assets 29/58 €138 €90 -€48 -34.6%
Cash at bank and in hand 54/58 €138 €90 -€48 -34.6%
Total equity and liabilities 10/49 €138 €90 -€48 -34.6%
Equity 10/15 -€105,176 -€105,554 -€378 -0.4%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€111,376 -€111,754 -€378 -0.3%
Amounts payable 17/49 €105,314 €105,645 +€330 +0.3%
Amounts payable after more than one year 17 €83,000 €83,000 = 0.0%
Financial debts 170/4 €83,000 €83,000 = 0.0%
Amounts payable within one year 42/48 €22,314 €22,645 +€330 +1.5%
Trade debts 44 €1,203 €333 -€870 -72.3%
Suppliers 440/4 €1,203 €333 -€870 -72.3%
Other amounts payable 47/48 €21,112 €22,312 +€1,200 +5.7%
Gross operating margin 9900 -€657 -€333 +€324 +49.3%
Operating profit (loss) 9901 -€657 -€333 +€324 +49.3%
Financial charges 65/66B €45 €45 = 0.0%
Recurring financial charges 65 €45 €45 = 0.0%
Profit (loss) for the period before taxes 9903 -€702 -€378 +€324 +46.1%
Profit (loss) for the period 9904 -€702 -€378 +€324 +46.1%
Profit (loss) for the period to be appropriated 9905 -€702 -€378 +€324 +46.1%

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 28 September 2026 via checked.be.