Samuel: 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.
Samuel
Largest movements
- Receivables within one year +€3,419
up €3,419 (+18.2%), from €18,789 to €22,207
of which Other amounts receivable: +€9,600
- Cash +€1,832
up €1,832 (+1.4%), from €128,069 to €129,901
mainly Net result for the year (+€48,854) and Other debts (+€11,669)
- Reserves +€120,995
new in 2025: €120,995
- Profit (loss) carried forward -€96,532
down €96,532 (-100%), from €96,532 to €0
- Tax, wage and social debts -€19,310
down €19,310 (-81.5%), from €23,700 to €4,390
- Other debts +€11,669
up €11,669 (+74.0%), from €15,765 to €27,434
- Trade debts -€9,688
down €9,688 (-74.6%), from €12,991 to €3,302
- Gross operating margin +€12,720
up €12,720 (+24.1%), from €52,733 to €65,453
- Taxes +€1,697
up €1,697 (+16.4%), from €10,360 to €12,057
- Depreciation +€760
up €760 (+69.9%), from €1,086 to €1,846
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 | €153,084 | €159,122 | +€6,038 | +3.9% |
| Fixed assets | 21/28 | €4,562 | €5,228 | +€666 | +14.6% |
| Tangible fixed assets | 22/27 | €4,562 | €5,228 | +€666 | +14.6% |
| Land and buildings | 22 | €895 | €602 | -€293 | -32.7% |
| Furniture and vehicles | 24 | €3,667 | €4,626 | +€959 | +26.2% |
| Current assets | 29/58 | €148,522 | €153,893 | +€5,371 | +3.6% |
| Amounts receivable within one year | 40/41 | €18,789 | €22,207 | +€3,419 | +18.2% |
| Trade receivables | 40 | €18,789 | €12,608 | -€6,181 | -32.9% |
| Other amounts receivable | 41 | - | €9,600 | +€9,600 | |
| Cash at bank and in hand | 54/58 | €128,069 | €129,901 | +€1,832 | +1.4% |
| Deferred charges and accrued income | 490/1 | €1,664 | €1,785 | +€121 | +7.2% |
| Total equity and liabilities | 10/49 | €153,084 | €159,122 | +€6,038 | +3.9% |
| Equity | 10/15 | €99,532 | €123,995 | +€24,463 | +24.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €120,995 | +€120,995 | |
| Distributable reserves | 133 | - | €120,995 | +€120,995 | |
| Profit (loss) carried forward | 14 | €96,532 | €0 | -€96,532 | -100% |
| Amounts payable | 17/49 | €53,552 | €35,126 | -€18,426 | -34.4% |
| Amounts payable within one year | 42/48 | €52,456 | €35,126 | -€17,330 | -33.0% |
| Trade debts | 44 | €12,991 | €3,302 | -€9,688 | -74.6% |
| Suppliers | 440/4 | €12,991 | €3,302 | -€9,688 | -74.6% |
| Taxes, remuneration and social security | 45 | €23,700 | €4,390 | -€19,310 | -81.5% |
| Taxes | 450/3 | €23,700 | €4,390 | -€19,310 | -81.5% |
| Other amounts payable | 47/48 | €15,765 | €27,434 | +€11,669 | +74.0% |
| Accrued charges and deferred income | 492/3 | €1,096 | €0 | -€1,096 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,086 | €1,846 | +€760 | +69.9% |
| Other operating charges | 640/8 | €840 | €544 | -€296 | -35.2% |
| Gross operating margin | 9900 | €52,733 | €65,453 | +€12,720 | +24.1% |
| Operating profit (loss) | 9901 | €50,807 | €63,063 | +€12,256 | +24.1% |
| Financial income | 75/76B | €131 | €0 | -€131 | -100% |
| Recurring financial income | 75 | €131 | €0 | -€131 | -100% |
| Financial charges | 65/66B | €2,740 | €2,153 | -€587 | -21.4% |
| Recurring financial charges | 65 | €2,740 | €2,153 | -€587 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €48,198 | €60,910 | +€12,713 | +26.4% |
| Income taxes | 67/77 | €10,360 | €12,057 | +€1,697 | +16.4% |
| Profit (loss) for the period | 9904 | €37,838 | €48,854 | +€11,016 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,838 | €48,854 | +€11,016 | +29.1% |
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 18 October 2026 via checked.be.