DR. SAINTE SARAH: 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.
DR. SAINTE SARAH
Largest movements
- Cash +€114,634
up €114,634 (+228%), from €50,240 to €164,873
mainly Other debts (+€191,104) and Net result for the year (+€163,270)
- Deferred charges and accrued income -€19,295
down €19,295 (-84.4%), from €22,866 to €3,572
- Receivables within one year -€17,324
down €17,324 (-40.2%), from €43,136 to €25,811
of which Other amounts receivable: -€10,647
- Other debts +€191,104
new in 2025: €191,104
- Reserves -€116,730
down €116,730 (-91.5%), from €127,639 to €10,909
- Debts after one year +€9,546
new in 2025: €9,546
- Tax, wage and social debts -€5,207
down €5,207 (-89.8%), from €5,801 to €594
of which Remuneration and social security: -€3,000
- Trade debts -€3,458
down €3,458 (-70.8%), from €4,885 to €1,427
- Gross operating margin +€70,102
up €70,102 (+42.1%), from €166,706 to €236,808
- Depreciation +€13,912
up €13,912 (+323%), from €4,303 to €18,215
- Taxes +€11,375
up €11,375 (+30.4%), from €37,439 to €48,814
- Write-downs +€4,238
new in 2025: €4,238
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 | €157,545 | €236,302 | +€78,757 | +50.0% |
| Fixed assets | 21/28 | €30,158 | €31,583 | +€1,425 | +4.7% |
| Tangible fixed assets | 22/27 | €30,158 | €31,583 | +€1,425 | +4.7% |
| Plant, machinery and equipment | 23 | €2,475 | €6,488 | +€4,012 | +162% |
| Furniture and vehicles | 24 | €27,683 | €12,884 | -€14,799 | -53.5% |
| Leasing and similar rights | 25 | - | €12,212 | +€12,212 | |
| Current assets | 29/58 | €127,387 | €204,719 | +€77,332 | +60.7% |
| Stocks and contracts in progress | 3 | €11,146 | €10,463 | -€683 | -6.1% |
| Stocks | 30/36 | €11,146 | €10,463 | -€683 | -6.1% |
| Amounts receivable within one year | 40/41 | €43,136 | €25,811 | -€17,324 | -40.2% |
| Trade receivables | 40 | €31,030 | €24,353 | -€6,677 | -21.5% |
| Other amounts receivable | 41 | €12,106 | €1,458 | -€10,647 | -88.0% |
| Cash at bank and in hand | 54/58 | €50,240 | €164,873 | +€114,634 | +228% |
| Deferred charges and accrued income | 490/1 | €22,866 | €3,572 | -€19,295 | -84.4% |
| Total equity and liabilities | 10/49 | €157,545 | €236,302 | +€78,757 | +50.0% |
| Equity | 10/15 | €146,239 | €29,509 | -€116,730 | -79.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,639 | €10,909 | -€116,730 | -91.5% |
| Distributable reserves | 133 | €127,639 | €10,909 | -€116,730 | -91.5% |
| Amounts payable | 17/49 | €11,306 | €206,793 | +€195,487 | +1,729% |
| Amounts payable after more than one year | 17 | - | €9,546 | +€9,546 | |
| Financial debts | 170/4 | - | €9,546 | +€9,546 | |
| Amounts payable within one year | 42/48 | €10,686 | €195,874 | +€185,187 | +1,733% |
| Current portion of amounts payable after more than one year | 42 | - | €2,749 | +€2,749 | |
| Trade debts | 44 | €4,885 | €1,427 | -€3,458 | -70.8% |
| Suppliers | 440/4 | €4,885 | €1,427 | -€3,458 | -70.8% |
| Taxes, remuneration and social security | 45 | €5,801 | €594 | -€5,207 | -89.8% |
| Taxes | 450/3 | €2,801 | €594 | -€2,207 | -78.8% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | - | €191,104 | +€191,104 | |
| Accrued charges and deferred income | 492/3 | €620 | €1,374 | +€754 | +122% |
| Non-recurring operating income | 76A | €275 | - | -€275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,303 | €18,215 | +€13,912 | +323% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,238 | +€4,238 | |
| Other operating charges | 640/8 | €451 | €636 | +€185 | +41.1% |
| Gross operating margin | 9900 | €166,706 | €236,808 | +€70,102 | +42.1% |
| Operating profit (loss) | 9901 | €161,952 | €213,719 | +€51,767 | +32.0% |
| Financial income | 75/76B | €521 | €577 | +€56 | +10.8% |
| Recurring financial income | 75 | €521 | €577 | +€56 | +10.8% |
| Financial charges | 65/66B | €928 | €2,211 | +€1,282 | +138% |
| Recurring financial charges | 65 | €928 | €2,211 | +€1,282 | +138% |
| Profit (loss) for the period before taxes | 9903 | €161,544 | €212,084 | +€50,540 | +31.3% |
| Income taxes | 67/77 | €37,439 | €48,814 | +€11,375 | +30.4% |
| Profit (loss) for the period | 9904 | €124,105 | €163,270 | +€39,165 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €124,105 | €163,270 | +€39,165 | +31.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.