SAMUEL WYNANT: 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 WYNANT
Largest movements
- Cash -€2.1m
down €2.1m (-93.5%), from €2.2m to €145,882
mainly Other debts (-€1.6m) and Tax, wage and social debts (-€298,315)
- Receivables within one year +€76,221
up €76,221 (+3,107%), from €2,453 to €78,673
of which Trade receivables: +€76,473
- Other debts -€1.6m
down €1.6m (-88.1%), from €1.8m to €212,500
- Tax, wage and social debts -€298,315
down €298,315 (-87.8%), from €339,929 to €41,614
- Profit (loss) carried forward -€153,906
down €153,906 (-61.0%), from €252,348 to €98,441
- Financial income -€2.3m
no longer reported in 2025 (was €2.3m)
of which Financial income: -€2.3m
- Taxes -€47,379
down €47,379 (-62.3%), from €76,081 to €28,701
- Gross operating margin +€17,652
up €17,652 (+15.9%), from €110,840 to €128,493
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 | €2,399,277 | €374,555 | -€2.0m | -84.4% |
| Fixed assets | 21/28 | €303 | - | -€303 | |
| Tangible fixed assets | 22/27 | €303 | - | -€303 | |
| Furniture and vehicles | 24 | €303 | - | -€303 | |
| Current assets | 29/58 | €2,398,974 | €374,555 | -€2.0m | -84.4% |
| Amounts receivable within one year | 40/41 | €2,453 | €78,673 | +€76,221 | +3,107% |
| Trade receivables | 40 | €1,804 | €78,277 | +€76,473 | +4,239% |
| Other amounts receivable | 41 | €649 | €396 | -€253 | -39.0% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,246,521 | €145,882 | -€2.1m | -93.5% |
| Total equity and liabilities | 10/49 | €2,399,277 | €374,555 | -€2.0m | -84.4% |
| Equity | 10/15 | €274,348 | €120,441 | -€153,906 | -56.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,348 | €98,441 | -€153,906 | -61.0% |
| Amounts payable | 17/49 | €2,124,929 | €254,114 | -€1.9m | -88.0% |
| Amounts payable within one year | 42/48 | €2,124,929 | €254,114 | -€1.9m | -88.0% |
| Taxes, remuneration and social security | 45 | €339,929 | €41,614 | -€298,315 | -87.8% |
| Taxes | 450/3 | €339,929 | €41,614 | -€298,315 | -87.8% |
| Other amounts payable | 47/48 | €1,785,000 | €212,500 | -€1.6m | -88.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €303 | -€151 | -33.3% |
| Other operating charges | 640/8 | €1,360 | €1,872 | +€512 | +37.7% |
| Gross operating margin | 9900 | €110,840 | €128,493 | +€17,652 | +15.9% |
| Operating profit (loss) | 9901 | €109,027 | €126,318 | +€17,292 | +15.9% |
| Financial income | 75/76B | €2,320,245 | - | -€2.3m | |
| Recurring financial income | 75 | €2,320,245 | - | -€2.3m | |
| Non-recurring financial income | 76B | €2,320,245 | - | -€2.3m | |
| Financial charges | 65/66B | €1,682 | €1,523 | -€159 | -9.5% |
| Recurring financial charges | 65 | €1,682 | €1,523 | -€159 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €2,427,589 | €124,795 | -€2.3m | -94.9% |
| Income taxes | 67/77 | €76,081 | €28,701 | -€47,379 | -62.3% |
| Profit (loss) for the period | 9904 | €2,351,509 | €96,094 | -€2.3m | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,351,509 | €96,094 | -€2.3m | -95.9% |
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 25 October 2026 via checked.be.