SAMV Projects: 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.
SAMV Projects
Largest movements
- Stocks and contracts -€13,500
down €13,500 (-81.8%), from €16,500 to €3,000
of which Contracts in progress: -€13,500
- Tangible fixed assets +€11,121
up €11,121 (+6168.0%), from €180 to €11,302
of which Furniture and vehicles: +€11,121
- Receivables within one year +€9,801
up €9,801 (+75.4%), from €12,994 to €22,795
of which Trade receivables: +€10,815
- Cash +€5,458
up €5,458 (+51.9%), from €10,524 to €15,981
mainly Stocks and contracts (+€13,500) and Debts after one year (+€4,879)
- Debts after one year +€4,879
new in 2025: €4,879
- Current portion of long-term debt +€3,274
new in 2025: €3,274
- Other debts +€3,248
up €3,248 (+14.1%), from €23,066 to €26,314
- Tax, wage and social debts +€2,000
up €2,000 (+26.9%), from €7,445 to €9,445
of which Remuneration and social security: +€2,000
- Gross operating margin -€6,672
down €6,672 (-64.2%), from €10,400 to €3,727
- Depreciation -€2,253
down €2,253 (-50.3%), from €4,481 to €2,229
- Taxes -€1,136
down €1,136 (-80.0%), from €1,420 to €284
- Financial charges +€371
up €371 (+372.4%), from €100 to €471
- Other operating charges +€284
up €284 (+30.5%), from €931 to €1,215
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 | €40,198 | €53,278 | +€13,080 | +32.5% |
| Fixed assets | 21/28 | €180 | €11,502 | +€11,321 | +6278.9% |
| Tangible fixed assets | 22/27 | €180 | €11,302 | +€11,121 | +6168.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €180 | €11,302 | +€11,121 | +6168.0% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €40,018 | €41,776 | +€1,759 | +4.4% |
| Stocks and contracts in progress | 3 | €16,500 | €3,000 | -€13,500 | -81.8% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Contracts in progress | 37 | €13,500 | €0 | -€13,500 | -100.0% |
| Amounts receivable within one year | 40/41 | €12,994 | €22,795 | +€9,801 | +75.4% |
| Trade receivables | 40 | €9,305 | €20,120 | +€10,815 | +116.2% |
| Other amounts receivable | 41 | €3,689 | €2,675 | -€1,014 | -27.5% |
| Cash at bank and in hand | 54/58 | €10,524 | €15,981 | +€5,458 | +51.9% |
| Total equity and liabilities | 10/49 | €40,198 | €53,278 | +€13,080 | +32.5% |
| Equity | 10/15 | €7,922 | €7,756 | -€166 | -2.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,922 | €4,756 | -€166 | -3.4% |
| Distributable reserves | 133 | €4,922 | €4,756 | -€166 | -3.4% |
| Amounts payable | 17/49 | €32,276 | €45,522 | +€13,246 | +41.0% |
| Amounts payable after more than one year | 17 | - | €4,879 | +€4,879 | |
| Financial debts | 170/4 | - | €4,879 | +€4,879 | |
| Amounts payable within one year | 42/48 | €32,276 | €40,643 | +€8,367 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,274 | +€3,274 | |
| Trade debts | 44 | €1,765 | €1,609 | -€156 | -8.8% |
| Suppliers | 440/4 | €1,765 | €1,609 | -€156 | -8.8% |
| Taxes, remuneration and social security | 45 | €7,445 | €9,445 | +€2,000 | +26.9% |
| Taxes | 450/3 | €3,445 | €3,445 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,000 | €6,000 | +€2,000 | +50.0% |
| Other amounts payable | 47/48 | €23,066 | €26,314 | +€3,248 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,481 | €2,229 | -€2,253 | -50.3% |
| Other operating charges | 640/8 | €931 | €1,215 | +€284 | +30.5% |
| Gross operating margin | 9900 | €10,400 | €3,727 | -€6,672 | -64.2% |
| Operating profit (loss) | 9901 | €4,987 | €284 | -€4,703 | -94.3% |
| Financial income | 75/76B | €317 | €304 | -€13 | -4.2% |
| Recurring financial income | 75 | €317 | €304 | -€13 | -4.2% |
| Financial charges | 65/66B | €100 | €471 | +€371 | +372.4% |
| Recurring financial charges | 65 | €100 | €471 | +€371 | +372.4% |
| Profit (loss) for the period before taxes | 9903 | €5,205 | €118 | -€5,087 | -97.7% |
| Income taxes | 67/77 | €1,420 | €284 | -€1,136 | -80.0% |
| Profit (loss) for the period | 9904 | €3,785 | -€166 | -€3,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,785 | -€166 | -€3,951 |
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 11 October 2026 via checked.be.