ELEVAGE DU SARTAY: 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.
ELEVAGE DU SARTAY
Largest movements
- Receivables within one year +€8,004
up €8,004 (+113.2%), from €7,070 to €15,074
of which Trade receivables: +€8,004
- Tangible fixed assets -€7,336
down €7,336 (-53.2%), from €13,780 to €6,443
of which Furniture and vehicles: -€7,336
- Cash -€1,149
down €1,149 (-96.3%), from €1,194 to €44
mainly Receivables within one year (-€8,004) and Current portion of long-term debt (-€2,739)
- Current portion of long-term debt -€2,739
down €2,739 (-100.0%), from €2,739 to €0
- Tax, wage and social debts +€1,450
up €1,450 (+161.0%), from €900 to €2,350
of which Taxes: +€1,450
- Other debts +€666
up €666 (+4.5%), from €14,643 to €15,309
- Reserves +€625
up €625 (+9.8%), from €6,360 to €6,985
of which Distributable reserves: +€5,125
- Trade debts -€477
down €477 (-84.0%), from €568 to €91
- Taxes +€1,453
up €1,453 (+7222.3%), from €20 to €1,473
- Gross operating margin -€554
down €554 (-5.3%), from €10,518 to €9,964
- Other operating charges -€235
down €235 (-33.6%), from €700 to €465
- Financial charges -€130
down €130 (-68.7%), from €189 to €59
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 | €22,193 | €21,724 | -€470 | -2.1% |
| Fixed assets | 21/28 | €13,780 | €6,443 | -€7,336 | -53.2% |
| Tangible fixed assets | 22/27 | €13,780 | €6,443 | -€7,336 | -53.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €13,780 | €6,443 | -€7,336 | -53.2% |
| Current assets | 29/58 | €8,414 | €15,280 | +€6,867 | +81.6% |
| Amounts receivable within one year | 40/41 | €7,070 | €15,074 | +€8,004 | +113.2% |
| Trade receivables | 40 | €7,070 | €15,074 | +€8,004 | +113.2% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €1,194 | €44 | -€1,149 | -96.3% |
| Deferred charges and accrued income | 490/1 | €150 | €162 | +€12 | +8.0% |
| Total equity and liabilities | 10/49 | €22,193 | €21,724 | -€470 | -2.1% |
| Equity | 10/15 | €3,302 | €3,932 | +€630 | +19.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,360 | €6,985 | +€625 | +9.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,500 | €0 | -€4,500 | -100.0% |
| Distributable reserves | 133 | - | €5,125 | +€5,125 | |
| Profit (loss) carried forward | 14 | -€9,258 | -€9,253 | +€5 | +0.1% |
| Amounts payable | 17/49 | €18,891 | €17,792 | -€1,099 | -5.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €18,851 | €17,750 | -€1,101 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €2,739 | €0 | -€2,739 | -100.0% |
| Trade debts | 44 | €568 | €91 | -€477 | -84.0% |
| Suppliers | 440/4 | €568 | €91 | -€477 | -84.0% |
| Taxes, remuneration and social security | 45 | €900 | €2,350 | +€1,450 | +161.0% |
| Taxes | 450/3 | €900 | €2,350 | +€1,450 | +161.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €14,643 | €15,309 | +€666 | +4.5% |
| Accrued charges and deferred income | 492/3 | €40 | €42 | +€2 | +3.9% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,336 | €7,336 | = | 0.0% |
| Other operating charges | 640/8 | €700 | €465 | -€235 | -33.6% |
| Gross operating margin | 9900 | €10,518 | €9,964 | -€554 | -5.3% |
| Operating profit (loss) | 9901 | €2,481 | €2,162 | -€319 | -12.9% |
| Financial charges | 65/66B | €189 | €59 | -€130 | -68.7% |
| Recurring financial charges | 65 | €189 | €59 | -€130 | -68.7% |
| Profit (loss) for the period before taxes | 9903 | €2,292 | €2,103 | -€189 | -8.3% |
| Income taxes | 67/77 | €20 | €1,473 | +€1,453 | +7222.3% |
| Profit (loss) for the period | 9904 | €2,272 | €630 | -€1,643 | -72.3% |
| Transfer from tax-exempt reserves | 789 | - | €4,500 | +€4,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,272 | €5,130 | +€2,857 | +125.7% |
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 10 October 2026 via checked.be.