SAMYN 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.
SAMYN PROJECTS
Largest movements
- Receivables within one year +€70,481
up €70,481 (+109%), from €64,388 to €134,869
of which Trade receivables: +€61,858
- Deferred charges and accrued income +€68,525
up €68,525 (+1,622%), from €4,226 to €72,750
- Cash -€16,442
down €16,442 (-80.5%), from €20,429 to €3,987
mainly Receivables within one year (-€70,481) and Deferred charges and accrued income (-€68,525)
- Trade debts +€134,670
up €134,670 (+469%), from €28,733 to €163,403
- Debts after one year -€15,365
down €15,365 (-11.4%), from €134,700 to €119,335
- Reserves +€13,791
up €13,791 (+20.2%), from €68,283 to €82,074
- Tax, wage and social debts -€6,424
down €6,424 (-71.3%), from €9,015 to €2,591
of which Taxes: -€6,424
- Other debts -€4,690
down €4,690 (-17.4%), from €26,924 to €22,235
- Gross operating margin +€18,785
up €18,785 (+45.9%), from €40,924 to €59,709
- Taxes +€4,729
up €4,729 (+94.7%), from €4,992 to €9,721
- Depreciation +€2,900
up €2,900 (+30.0%), from €9,676 to €12,576
- Financial charges -€605
down €605 (-9.7%), from €6,254 to €5,648
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 | €290,214 | €413,933 | +€123,719 | +42.6% |
| Fixed assets | 21/28 | €201,171 | €202,326 | +€1,155 | +0.6% |
| Intangible fixed assets | 21 | €1,353 | €578 | -€775 | -57.3% |
| Tangible fixed assets | 22/27 | €198,089 | €200,288 | +€2,199 | +1.1% |
| Land and buildings | 22 | €177,723 | €177,723 | = | 0.0% |
| Plant, machinery and equipment | 23 | €12,606 | €20,305 | +€7,699 | +61.1% |
| Furniture and vehicles | 24 | €7,760 | €2,260 | -€5,500 | -70.9% |
| Financial fixed assets | 28 | €1,730 | €1,461 | -€269 | -15.5% |
| Current assets | 29/58 | €89,043 | €211,607 | +€122,564 | +138% |
| Amounts receivable within one year | 40/41 | €64,388 | €134,869 | +€70,481 | +109% |
| Trade receivables | 40 | €61,879 | €123,738 | +€61,858 | +100.0% |
| Other amounts receivable | 41 | €2,508 | €11,131 | +€8,623 | +344% |
| Cash at bank and in hand | 54/58 | €20,429 | €3,987 | -€16,442 | -80.5% |
| Deferred charges and accrued income | 490/1 | €4,226 | €72,750 | +€68,525 | +1,622% |
| Total equity and liabilities | 10/49 | €290,214 | €413,933 | +€123,719 | +42.6% |
| Equity | 10/15 | €68,383 | €82,174 | +€13,791 | +20.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €68,283 | €82,074 | +€13,791 | +20.2% |
| Distributable reserves | 133 | €68,283 | €82,074 | +€13,791 | +20.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €221,832 | €331,759 | +€109,928 | +49.6% |
| Amounts payable after more than one year | 17 | €134,700 | €119,335 | -€15,365 | -11.4% |
| Financial debts | 170/4 | €134,700 | €119,335 | -€15,365 | -11.4% |
| Amounts payable within one year | 42/48 | €85,951 | €211,718 | +€125,767 | +146% |
| Current portion of amounts payable after more than one year | 42 | €21,278 | €23,489 | +€2,211 | +10.4% |
| Trade debts | 44 | €28,733 | €163,403 | +€134,670 | +469% |
| Suppliers | 440/4 | €28,733 | €163,403 | +€134,670 | +469% |
| Taxes, remuneration and social security | 45 | €9,015 | €2,591 | -€6,424 | -71.3% |
| Taxes | 450/3 | €6,845 | €421 | -€6,424 | -93.9% |
| Remuneration and social security | 454/9 | €2,171 | €2,171 | = | 0.0% |
| Other amounts payable | 47/48 | €26,924 | €22,235 | -€4,690 | -17.4% |
| Accrued charges and deferred income | 492/3 | €1,180 | €707 | -€473 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,676 | €12,576 | +€2,900 | +30.0% |
| Other operating charges | 640/8 | €1,348 | €1,055 | -€292 | -21.7% |
| Gross operating margin | 9900 | €40,924 | €59,709 | +€18,785 | +45.9% |
| Operating profit (loss) | 9901 | €29,900 | €46,078 | +€16,178 | +54.1% |
| Financial income | 75/76B | €1 | €82 | +€82 | +16,394% |
| Recurring financial income | 75 | €1 | €82 | +€82 | +16,394% |
| Financial charges | 65/66B | €6,254 | €5,648 | -€605 | -9.7% |
| Recurring financial charges | 65 | €6,254 | €5,648 | -€605 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €23,647 | €40,512 | +€16,865 | +71.3% |
| Income taxes | 67/77 | €4,992 | €9,721 | +€4,729 | +94.7% |
| Profit (loss) for the period | 9904 | €18,655 | €30,791 | +€12,136 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,655 | €30,791 | +€12,136 | +65.1% |
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 14 October 2026 via checked.be.