ETS SAUSSEZ: what changed
ETS SAUSSEZ
Largest movements
- Stocks and contracts +€24,926
up €24,926 (+4,280%), from €582 to €25,509
- Cash -€16,798
down €16,798 (-23.4%), from €71,674 to €54,876
mainly Stocks and contracts (-€24,926) and Investment in fixed assets (net) (-€3,596)
- Receivables within one year -€6,212
down €6,212 (-39.8%), from €15,620 to €9,408
of which Trade receivables: -€10,985
- Deferred charges and accrued income +€2,796
up €2,796 (+275%), from €1,018 to €3,813
- Other debts +€3,463
up €3,463 (+40.2%), from €8,622 to €12,084
- Profit (loss) carried forward -€2,962
down €2,962 (-3.4%), from €88,349 to €85,387
- Trade debts +€2,676
up €2,676 (+382%), from €700 to €3,376
- Taxes +€7,218
up €7,218 (+1,883%), from €383 to €7,601
- Gross operating margin -€4,036
down €4,036 (-31.5%), from €12,808 to €8,772
- Depreciation +€1,120
up €1,120 (+40.5%), from €2,765 to €3,885
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,554 | €105,977 | +€4,423 | +4.4% |
| Fixed assets | 21/28 | €12,659 | €12,370 | -€290 | -2.3% |
| Intangible fixed assets | 21 | €700 | €600 | -€100 | -14.3% |
| Tangible fixed assets | 22/27 | €11,959 | €11,770 | -€190 | -1.6% |
| Plant, machinery and equipment | 23 | €1,127 | €932 | -€195 | -17.3% |
| Furniture and vehicles | 24 | €10,832 | €10,838 | +€6 | +0.1% |
| Current assets | 29/58 | €88,895 | €93,607 | +€4,712 | +5.3% |
| Stocks and contracts in progress | 3 | €582 | €25,509 | +€24,926 | +4,280% |
| Stocks | 30/36 | €582 | €25,509 | +€24,926 | +4,280% |
| Amounts receivable within one year | 40/41 | €15,620 | €9,408 | -€6,212 | -39.8% |
| Trade receivables | 40 | €14,871 | €3,886 | -€10,985 | -73.9% |
| Other amounts receivable | 41 | €749 | €5,522 | +€4,773 | +637% |
| Cash at bank and in hand | 54/58 | €71,674 | €54,876 | -€16,798 | -23.4% |
| Deferred charges and accrued income | 490/1 | €1,018 | €3,813 | +€2,796 | +275% |
| Total equity and liabilities | 10/49 | €101,554 | €105,977 | +€4,423 | +4.4% |
| Equity | 10/15 | €90,349 | €87,387 | -€2,962 | -3.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,349 | €85,387 | -€2,962 | -3.4% |
| Amounts payable | 17/49 | €11,205 | €18,590 | +€7,385 | +65.9% |
| Amounts payable within one year | 42/48 | €11,205 | €18,590 | +€7,385 | +65.9% |
| Trade debts | 44 | €700 | €3,376 | +€2,676 | +382% |
| Suppliers | 440/4 | €700 | €3,376 | +€2,676 | +382% |
| Advances received on contracts in progress | 46 | - | €477 | +€477 | |
| Taxes, remuneration and social security | 45 | €1,883 | €2,652 | +€769 | +40.8% |
| Taxes | 450/3 | €1,883 | €2,652 | +€769 | +40.8% |
| Other amounts payable | 47/48 | €8,622 | €12,084 | +€3,463 | +40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,765 | €3,885 | +€1,120 | +40.5% |
| Other operating charges | 640/8 | €106 | €128 | +€21 | +20.0% |
| Gross operating margin | 9900 | €12,808 | €8,772 | -€4,036 | -31.5% |
| Operating profit (loss) | 9901 | €9,937 | €4,759 | -€5,178 | -52.1% |
| Financial income | 75/76B | €1 | €12 | +€11 | +1,083% |
| Recurring financial income | 75 | €1 | €12 | +€11 | +1,083% |
| Financial charges | 65/66B | €167 | €133 | -€35 | -20.8% |
| Recurring financial charges | 65 | €167 | €133 | -€35 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €9,771 | €4,639 | -€5,132 | -52.5% |
| Income taxes | 67/77 | €383 | €7,601 | +€7,218 | +1,883% |
| Profit (loss) for the period | 9904 | €9,388 | -€2,962 | -€12,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,388 | -€2,962 | -€12,350 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.