DE SAEDELEER ENGINEERING: what changed
Two fiscal 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.
DE SAEDELEER ENGINEERING
Largest movements
- Tangible fixed assets +€27,024
up €27,024 (+3894.0%), from €694 to €27,718
- Cash +€4,769
up €4,769 (+72.5%), from €6,582 to €11,351
mainly Debts after one year (+€21,576) and Current portion of long-term debt (+€6,365)
- Deferred charges and accrued income +€897
new in 2025: €897
- Receivables within one year +€694
up €694 (+7.0%), from €9,852 to €10,547
of which Other amounts receivable: +€1,997
- Debts after one year +€21,576
new in 2025: €21,576
- Current portion of long-term debt +€6,365
new in 2025: €6,365
- Reserves +€4,535
up €4,535 (+80.4%), from €5,642 to €10,178
- Accrued charges and deferred income +€1,560
new in 2025: €1,560
- Trade debts +€1,301
up €1,301 (+443.9%), from €293 to €1,594
- Gross operating margin +€6,584
up €6,584 (+91.6%), from €7,187 to €13,771
- Depreciation +€6,022
up €6,022 (+13529.3%), from €45 to €6,066
- Financial charges +€992
up €992 (+1529.1%), from €65 to €1,057
- Taxes +€518
up €518 (+36.1%), from €1,435 to €1,953
- Other operating charges +€159
new in 2025: €159
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.
Cash bridge derived
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 | €17,128 | €50,513 | +€33,385 | +194.9% |
| Fixed assets | 21/28 | €694 | €27,718 | +€27,024 | +3894.0% |
| Tangible fixed assets | 22/27 | €694 | €27,718 | +€27,024 | +3894.0% |
| Furniture and vehicles | 24 | €694 | €27,718 | +€27,024 | +3894.0% |
| Current assets | 29/58 | €16,434 | €22,795 | +€6,361 | +38.7% |
| Amounts receivable within one year | 40/41 | €9,852 | €10,547 | +€694 | +7.0% |
| Trade receivables | 40 | €9,803 | €8,500 | -€1,303 | -13.3% |
| Other amounts receivable | 41 | €50 | €2,047 | +€1,997 | +4021.3% |
| Cash at bank and in hand | 54/58 | €6,582 | €11,351 | +€4,769 | +72.5% |
| Deferred charges and accrued income | 490/1 | - | €897 | +€897 | |
| Total equity and liabilities | 10/49 | €17,128 | €50,513 | +€33,385 | +194.9% |
| Equity | 10/15 | €7,642 | €12,178 | +€4,535 | +59.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,642 | €10,178 | +€4,535 | +80.4% |
| Distributable reserves | 133 | €5,642 | €10,178 | +€4,535 | +80.4% |
| Amounts payable | 17/49 | €9,486 | €38,335 | +€28,849 | +304.1% |
| Amounts payable after more than one year | 17 | - | €21,576 | +€21,576 | |
| Financial debts | 170/4 | - | €21,576 | +€21,576 | |
| Amounts payable within one year | 42/48 | €9,486 | €15,199 | +€5,713 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,365 | +€6,365 | |
| Trade debts | 44 | €293 | €1,594 | +€1,301 | +443.9% |
| Suppliers | 440/4 | €293 | €1,594 | +€1,301 | +443.9% |
| Taxes, remuneration and social security | 45 | €6,922 | €5,795 | -€1,128 | -16.3% |
| Taxes | 450/3 | €6,922 | €5,795 | -€1,128 | -16.3% |
| Other amounts payable | 47/48 | €2,271 | €1,445 | -€825 | -36.3% |
| Accrued charges and deferred income | 492/3 | - | €1,560 | +€1,560 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45 | €6,066 | +€6,022 | +13529.3% |
| Other operating charges | 640/8 | - | €159 | +€159 | |
| Gross operating margin | 9900 | €7,187 | €13,771 | +€6,584 | +91.6% |
| Operating profit (loss) | 9901 | €7,142 | €7,545 | +€403 | +5.6% |
| Financial charges | 65/66B | €65 | €1,057 | +€992 | +1529.1% |
| Recurring financial charges | 65 | €65 | €1,057 | +€992 | +1529.1% |
| Profit (loss) for the period before taxes | 9903 | €7,077 | €6,489 | -€589 | -8.3% |
| Income taxes | 67/77 | €1,435 | €1,953 | +€518 | +36.1% |
| Profit (loss) for the period | 9904 | €5,642 | €4,535 | -€1,107 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,642 | €4,535 | -€1,107 | -19.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.