Sam's: what changed
Sam's
Largest movements
- Cash -€26,720
down €26,720 (-49.0%), from €54,485 to €27,766
mainly Net result for the year (-€39,115) and Contributions, distributions and other (-€37,426)
- Tangible fixed assets -€17,698
down €17,698 (-37.9%), from €46,741 to €29,042
- Receivables within one year +€7,072
up €7,072 (+48.1%), from €14,697 to €21,769
of which Other amounts receivable: +€7,749
- Reserves -€71,915
down €71,915 (-80.0%), from €89,866 to €17,952
- Other debts +€41,917
new in 2025: €41,917
- Profit (loss) carried forward -€4,626
new in 2025: -€4,626
- Tax, wage and social debts -€1,517
down €1,517 (-5.7%), from €26,585 to €25,068
of which Taxes: -€3,963
- Trade debts -€1,357
down €1,357 (-19.0%), from €7,156 to €5,799
- Gross operating margin -€27,397
down €27,397 (-12.3%), from €222,759 to €195,362
- Staff costs +€24,857
up €24,857 (+13.1%), from €189,648 to €214,505
- Taxes -€3,056
down €3,056 (-90.7%), from €3,368 to €313
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,808 | €92,309 | -€37,498 | -28.9% |
| Fixed assets | 21/28 | €46,741 | €29,042 | -€17,698 | -37.9% |
| Tangible fixed assets | 22/27 | €46,741 | €29,042 | -€17,698 | -37.9% |
| Plant, machinery and equipment | 23 | €18,194 | €9,708 | -€8,486 | -46.6% |
| Furniture and vehicles | 24 | €9,648 | €7,005 | -€2,643 | -27.4% |
| Other tangible fixed assets | 26 | €18,899 | €12,329 | -€6,570 | -34.8% |
| Current assets | 29/58 | €83,067 | €63,267 | -€19,800 | -23.8% |
| Stocks and contracts in progress | 3 | €12,150 | €12,000 | -€150 | -1.2% |
| Stocks | 30/36 | €12,150 | €12,000 | -€150 | -1.2% |
| Amounts receivable within one year | 40/41 | €14,697 | €21,769 | +€7,072 | +48.1% |
| Trade receivables | 40 | €2,516 | €1,838 | -€677 | -26.9% |
| Other amounts receivable | 41 | €12,182 | €19,931 | +€7,749 | +63.6% |
| Cash at bank and in hand | 54/58 | €54,485 | €27,766 | -€26,720 | -49.0% |
| Deferred charges and accrued income | 490/1 | €1,734 | €1,732 | -€2 | -0.1% |
| Total equity and liabilities | 10/49 | €129,808 | €92,309 | -€37,498 | -28.9% |
| Equity | 10/15 | €96,066 | €19,526 | -€76,540 | -79.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,866 | €17,952 | -€71,915 | -80.0% |
| Distributable reserves | 133 | €89,866 | €17,952 | -€71,915 | -80.0% |
| Profit (loss) carried forward | 14 | - | -€4,626 | -€4,626 | |
| Amounts payable | 17/49 | €33,741 | €72,783 | +€39,042 | +116% |
| Amounts payable within one year | 42/48 | €33,741 | €72,783 | +€39,042 | +116% |
| Trade debts | 44 | €7,156 | €5,799 | -€1,357 | -19.0% |
| Suppliers | 440/4 | €7,156 | €5,799 | -€1,357 | -19.0% |
| Taxes, remuneration and social security | 45 | €26,585 | €25,068 | -€1,517 | -5.7% |
| Taxes | 450/3 | €14,943 | €10,980 | -€3,963 | -26.5% |
| Remuneration and social security | 454/9 | €11,642 | €14,088 | +€2,446 | +21.0% |
| Other amounts payable | 47/48 | - | €41,917 | +€41,917 | |
| Remuneration, social security and pensions | 62 | €189,648 | €214,505 | +€24,857 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,205 | €17,698 | +€493 | +2.9% |
| Other operating charges | 640/8 | €1,899 | €1,475 | -€424 | -22.3% |
| Non-recurring operating charges | 66A | €5,820 | - | -€5,820 | |
| Gross operating margin | 9900 | €222,759 | €195,362 | -€27,397 | -12.3% |
| Operating profit (loss) | 9901 | €8,187 | -€38,316 | -€46,503 | |
| Financial income | 75/76B | €499 | €489 | -€10 | -2.0% |
| Recurring financial income | 75 | €499 | €489 | -€10 | -2.0% |
| Financial charges | 65/66B | €1,785 | €975 | -€810 | -45.4% |
| Recurring financial charges | 65 | €1,785 | €975 | -€810 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €6,901 | -€38,802 | -€45,703 | |
| Income taxes | 67/77 | €3,368 | €313 | -€3,056 | -90.7% |
| Profit (loss) for the period | 9904 | €3,533 | -€39,115 | -€42,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,533 | -€39,115 | -€42,647 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.