AU SARRAU: 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.
AU SARRAU
Largest movements
- Tangible fixed assets +€5,900
up €5,900 (+63.8%), from €9,248 to €15,148
of which Plant, machinery and equipment: +€8,603
- Cash +€2,772
up €2,772 (+23.3%), from €11,911 to €14,683
mainly Net result for the year (+€9,626) and Depreciation (+€3,414)
- Deferred charges and accrued income +€832
up €832 (+107%), from €780 to €1,612
- Profit (loss) carried forward +€9,626
up €9,626 (+87.2%), from €11,033 to €20,658
- Debts after one year -€2,573
down €2,573 (-42.1%), from €6,111 to €3,538
- Trade debts +€1,629
up €1,629 (+187%), from €872 to €2,501
- Gross operating margin +€6,399
up €6,399 (+24.9%), from €25,713 to €32,113
- Taxes +€1,283
up €1,283 (+65.8%), from €1,952 to €3,235
- Staff costs +€1,143
up €1,143 (+8.9%), from €12,799 to €13,941
- Depreciation +€367
up €367 (+12.1%), from €3,046 to €3,414
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 | €24,390 | €33,281 | +€8,890 | +36.5% |
| Formation expenses | 20 | €624 | €388 | -€235 | -37.7% |
| Fixed assets | 21/28 | €9,248 | €15,148 | +€5,900 | +63.8% |
| Tangible fixed assets | 22/27 | €9,248 | €15,148 | +€5,900 | +63.8% |
| Plant, machinery and equipment | 23 | €591 | €9,194 | +€8,603 | +1,456% |
| Leasing and similar rights | 25 | €8,657 | €5,954 | -€2,703 | -31.2% |
| Current assets | 29/58 | €14,519 | €17,744 | +€3,226 | +22.2% |
| Stocks and contracts in progress | 3 | €172 | €112 | -€60 | -35.1% |
| Stocks | 30/36 | €172 | €112 | -€60 | -35.1% |
| Amounts receivable within one year | 40/41 | €1,656 | €1,338 | -€318 | -19.2% |
| Other amounts receivable | 41 | €1,656 | €1,338 | -€318 | -19.2% |
| Cash at bank and in hand | 54/58 | €11,911 | €14,683 | +€2,772 | +23.3% |
| Deferred charges and accrued income | 490/1 | €780 | €1,612 | +€832 | +107% |
| Total equity and liabilities | 10/49 | €24,390 | €33,281 | +€8,890 | +36.5% |
| Equity | 10/15 | €13,733 | €23,358 | +€9,626 | +70.1% |
| Contributions | 10/11 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,033 | €20,658 | +€9,626 | +87.2% |
| Amounts payable | 17/49 | €10,658 | €9,923 | -€735 | -6.9% |
| Amounts payable after more than one year | 17 | €6,111 | €3,538 | -€2,573 | -42.1% |
| Financial debts | 170/4 | €6,111 | €3,538 | -€2,573 | -42.1% |
| Amounts payable within one year | 42/48 | €4,547 | €6,385 | +€1,838 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €2,365 | €2,573 | +€208 | +8.8% |
| Trade debts | 44 | €872 | €2,501 | +€1,629 | +187% |
| Suppliers | 440/4 | €872 | €2,501 | +€1,629 | +187% |
| Other amounts payable | 47/48 | €1,311 | €1,311 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €12,799 | €13,941 | +€1,143 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,046 | €3,414 | +€367 | +12.1% |
| Other operating charges | 640/8 | €1,210 | €1,249 | +€38 | +3.2% |
| Gross operating margin | 9900 | €25,713 | €32,113 | +€6,399 | +24.9% |
| Operating profit (loss) | 9901 | €8,658 | €13,509 | +€4,851 | +56.0% |
| Financial charges | 65/66B | €841 | €649 | -€192 | -22.9% |
| Recurring financial charges | 65 | €841 | €649 | -€192 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €7,817 | €12,861 | +€5,043 | +64.5% |
| Income taxes | 67/77 | €1,952 | €3,235 | +€1,283 | +65.8% |
| Profit (loss) for the period | 9904 | €5,866 | €9,626 | +€3,760 | +64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,866 | €9,626 | +€3,760 | +64.1% |
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 28 October 2026 via checked.be.