LE SAIGON: 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.
LE SAIGON
Largest movements
- Receivables within one year +€831
up €831 (+64.2%), from €1,295 to €2,126
of which Other amounts receivable: +€1,176
- Cash -€677
down €677 (-40.5%), from €1,674 to €996
mainly Net result for the year (-€5,926) and Trade debts (-€3,796)
- Tangible fixed assets -€540
down €540 (-22.0%), from €2,460 to €1,920
- Other debts +€9,335
up €9,335 (+32.2%), from €28,966 to €38,301
- Profit (loss) carried forward -€5,926
down €5,926 (-19.7%), from -€30,029 to -€35,955
- Trade debts -€3,796
down €3,796 (-95.1%), from €3,991 to €196
- Depreciation -€11,539
down €11,539 (-95.5%), from €12,079 to €540
- Gross operating margin +€10,075
up €10,075 (+65.5%), from -€15,375 to -€5,300
- Other operating charges -€1,860
no longer reported in 2025 (was €1,860)
- Staff costs -€488
no longer reported in 2025 (was €488)
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 | €5,428 | €5,042 | -€386 | -7.1% |
| Fixed assets | 21/28 | €2,460 | €1,920 | -€540 | -22.0% |
| Tangible fixed assets | 22/27 | €2,460 | €1,920 | -€540 | -22.0% |
| Plant, machinery and equipment | 23 | €2,460 | €1,920 | -€540 | -22.0% |
| Current assets | 29/58 | €2,969 | €3,122 | +€154 | +5.2% |
| Amounts receivable within one year | 40/41 | €1,295 | €2,126 | +€831 | +64.2% |
| Trade receivables | 40 | €345 | - | -€345 | |
| Other amounts receivable | 41 | €950 | €2,126 | +€1,176 | +124% |
| Cash at bank and in hand | 54/58 | €1,674 | €996 | -€677 | -40.5% |
| Total equity and liabilities | 10/49 | €5,428 | €5,042 | -€386 | -7.1% |
| Equity | 10/15 | -€27,529 | -€33,455 | -€5,926 | -21.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,029 | -€35,955 | -€5,926 | -19.7% |
| Amounts payable | 17/49 | €32,957 | €38,497 | +€5,540 | +16.8% |
| Amounts payable within one year | 42/48 | €32,957 | €38,497 | +€5,540 | +16.8% |
| Trade debts | 44 | €3,991 | €196 | -€3,796 | -95.1% |
| Suppliers | 440/4 | €3,991 | €196 | -€3,796 | -95.1% |
| Other amounts payable | 47/48 | €28,966 | €38,301 | +€9,335 | +32.2% |
| Remuneration, social security and pensions | 62 | €488 | - | -€488 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,079 | €540 | -€11,539 | -95.5% |
| Other operating charges | 640/8 | €1,860 | - | -€1,860 | |
| Gross operating margin | 9900 | -€15,375 | -€5,300 | +€10,075 | +65.5% |
| Operating profit (loss) | 9901 | -€29,802 | -€5,840 | +€23,962 | +80.4% |
| Financial charges | 65/66B | €227 | €87 | -€141 | -61.9% |
| Recurring financial charges | 65 | €227 | €87 | -€141 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,029 | -€5,926 | +€24,103 | +80.3% |
| Profit (loss) for the period | 9904 | -€30,029 | -€5,926 | +€24,103 | +80.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,029 | -€5,926 | +€24,103 | +80.3% |
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 25 October 2026 via checked.be.