BELGIUM SAYARATE: 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.
BELGIUM SAYARATE
Largest movements
- Receivables within one year -€4,372
down €4,372 (-14.3%), from €30,494 to €26,123
- Cash -€962
down €962 (-68.6%), from €1,403 to €440
mainly Net result for the year (-€3,222) and Trade debts (-€2,112)
- Profit (loss) carried forward -€3,222
down €3,222 (-20.5%), from €15,718 to €12,496
- Trade debts -€2,112
down €2,112 (-43.2%), from €4,884 to €2,773
- Gross operating margin +€9,840
up €9,840, from -€7,399 to €2,441
- Purchases and services -€8,247
down €8,247 (-21.8%), from €37,768 to €29,521
- Taxes +€5,004
no longer reported in 2025 (was -€5,004)
- Staff costs +€2,370
up €2,370 (+159%), from €1,489 to €3,859
- Other operating charges -€1,421
down €1,421 (-61.0%), from €2,330 to €909
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 | €33,167 | €27,833 | -€5,334 | -16.1% |
| Fixed assets | 21/28 | €184 | €184 | = | 0.0% |
| Financial fixed assets | 28 | €184 | €184 | = | 0.0% |
| Current assets | 29/58 | €32,983 | €27,649 | -€5,334 | -16.2% |
| Amounts receivable within one year | 40/41 | €30,494 | €26,123 | -€4,372 | -14.3% |
| Other amounts receivable | 41 | €30,494 | €26,123 | -€4,372 | -14.3% |
| Cash at bank and in hand | 54/58 | €1,403 | €440 | -€962 | -68.6% |
| Deferred charges and accrued income | 490/1 | €1,086 | €1,086 | = | 0.0% |
| Total equity and liabilities | 10/49 | €33,167 | €27,833 | -€5,334 | -16.1% |
| Equity | 10/15 | €28,283 | €25,060 | -€3,222 | -11.4% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Capital | 10 | €12,395 | €12,395 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €170 | €170 | = | 0.0% |
| Non-distributable reserves | 130/1 | €170 | €170 | = | 0.0% |
| Legal reserve | 130 | €170 | €170 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,718 | €12,496 | -€3,222 | -20.5% |
| Amounts payable | 17/49 | €4,884 | €2,773 | -€2,112 | -43.2% |
| Amounts payable within one year | 42/48 | €4,884 | €2,773 | -€2,112 | -43.2% |
| Trade debts | 44 | €4,884 | €2,773 | -€2,112 | -43.2% |
| Suppliers | 440/4 | €4,884 | €2,773 | -€2,112 | -43.2% |
| Turnover | 70 | €30,369 | €29,194 | -€1,175 | -3.9% |
| Non-recurring operating income | 76A | - | €2,768 | +€2,768 | |
| Goods, raw materials, services and sundry goods | 60/61 | €37,768 | €29,521 | -€8,247 | -21.8% |
| Remuneration, social security and pensions | 62 | €1,489 | €3,859 | +€2,370 | +159% |
| Other operating charges | 640/8 | €2,330 | €909 | -€1,421 | -61.0% |
| Gross operating margin | 9900 | -€7,399 | €2,441 | +€9,840 | |
| Operating profit (loss) | 9901 | -€11,219 | -€2,327 | +€8,891 | +79.3% |
| Financial income | 75/76B | €2,272 | €1,173 | -€1,100 | -48.4% |
| Recurring financial income | 75 | €2,272 | €1,173 | -€1,100 | -48.4% |
| Financial charges | 65/66B | €3,169 | €2,068 | -€1,101 | -34.7% |
| Recurring financial charges | 65 | €3,169 | €2,068 | -€1,101 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,115 | -€3,222 | +€8,893 | +73.4% |
| Income taxes | 67/77 | -€5,004 | - | +€5,004 | |
| Profit (loss) for the period | 9904 | -€7,111 | -€3,222 | +€3,889 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,111 | -€3,222 | +€3,889 | +54.7% |
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 31 October 2026 via checked.be.