SAMVEL GROUP: 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.
SAMVEL GROUP
Largest movements
- Cash +€14,528
up €14,528 (+39.5%), from €36,773 to €51,302
mainly Net result for the year (+€18,291) and Trade debts (+€7,347)
- Tangible fixed assets -€6,061
down €6,061 (-41.2%), from €14,717 to €8,657
- Receivables within one year -€2,520
down €2,520 (-48.7%), from €5,173 to €2,653
- Profit (loss) carried forward +€18,291
up €18,291 (+117%), from €15,603 to €33,894
- Other debts -€17,028
down €17,028 (-58.3%), from €29,210 to €12,182
- Trade debts +€7,347
up €7,347 (+739%), from €994 to €8,341
- Tax, wage and social debts -€2,877
down €2,877 (-31.5%), from €9,147 to €6,269
of which Taxes: -€2,306
- Turnover +€35,798
up €35,798 (+80.9%), from €44,232 to €80,030
- Purchases and services +€27,016
up €27,016 (+134%), from €20,166 to €47,182
- Gross operating margin +€10,188
up €10,188 (+40.6%), from €25,109 to €35,298
- Staff costs +€3,589
up €3,589 (+315%), from €1,141 to €4,730
- Depreciation +€2,596
up €2,596 (+74.9%), from €3,465 to €6,061
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 | €56,812 | €62,733 | +€5,921 | +10.4% |
| Fixed assets | 21/28 | €14,717 | €8,657 | -€6,061 | -41.2% |
| Tangible fixed assets | 22/27 | €14,717 | €8,657 | -€6,061 | -41.2% |
| Furniture and vehicles | 24 | €14,717 | €8,657 | -€6,061 | -41.2% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €42,095 | €54,076 | +€11,982 | +28.5% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €5,173 | €2,653 | -€2,520 | -48.7% |
| Trade receivables | 40 | €5,173 | €2,653 | -€2,520 | -48.7% |
| Cash at bank and in hand | 54/58 | €36,773 | €51,302 | +€14,528 | +39.5% |
| Deferred charges and accrued income | 490/1 | €149 | €122 | -€27 | -17.9% |
| Total equity and liabilities | 10/49 | €56,812 | €62,733 | +€5,921 | +10.4% |
| Equity | 10/15 | €17,103 | €35,394 | +€18,291 | +107% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,603 | €33,894 | +€18,291 | +117% |
| Amounts payable | 17/49 | €39,709 | €27,339 | -€12,370 | -31.2% |
| Amounts payable within one year | 42/48 | €39,351 | €26,793 | -€12,558 | -31.9% |
| Trade debts | 44 | €994 | €8,341 | +€7,347 | +739% |
| Suppliers | 440/4 | €994 | €8,341 | +€7,347 | +739% |
| Taxes, remuneration and social security | 45 | €9,147 | €6,269 | -€2,877 | -31.5% |
| Taxes | 450/3 | €8,576 | €6,269 | -€2,306 | -26.9% |
| Remuneration and social security | 454/9 | €571 | - | -€571 | |
| Other amounts payable | 47/48 | €29,210 | €12,182 | -€17,028 | -58.3% |
| Accrued charges and deferred income | 492/3 | €358 | €546 | +€188 | +52.6% |
| Turnover | 70 | €44,232 | €80,030 | +€35,798 | +80.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,166 | €47,182 | +€27,016 | +134% |
| Remuneration, social security and pensions | 62 | €1,141 | €4,730 | +€3,589 | +315% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,465 | €6,061 | +€2,596 | +74.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €211 | €322 | +€111 | +52.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €25,109 | €35,298 | +€10,188 | +40.6% |
| Operating profit (loss) | 9901 | €20,293 | €24,185 | +€3,892 | +19.2% |
| Financial charges | 65/66B | €1 | €27 | +€26 | +2,062% |
| Recurring financial charges | 65 | €1 | €27 | +€26 | +2,062% |
| Profit (loss) for the period before taxes | 9903 | €20,291 | €24,158 | +€3,867 | +19.1% |
| Income taxes | 67/77 | €4,688 | €5,867 | +€1,178 | +25.1% |
| Profit (loss) for the period | 9904 | €15,603 | €18,291 | +€2,688 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,603 | €18,291 | +€2,688 | +17.2% |
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 14 October 2026 via checked.be.