Le Saulçoir: what changed
Le Saulçoir
Largest movements
- Deferred charges and accrued income +€17,500
new in 2025: €17,500
- Cash -€14,458
down €14,458 (-29.2%), from €49,469 to €35,011
mainly Deferred charges and accrued income (-€17,500) and Investment in fixed assets (net) (-€3,585)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€20,650
up €20,650, from -€3,376 to €17,274
- Purchases and services -€20,344
down €20,344 (-56.6%), from €35,959 to €15,615
- Taxes -€642
no longer reported in 2025 (was €642)
- Other operating charges +€502
up €502 (+4.9%), from €10,203 to €10,704
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 | €336,985 | €339,396 | +€2,411 | +0.7% |
| Fixed assets | 21/28 | €287,516 | €286,886 | -€631 | -0.2% |
| Tangible fixed assets | 22/27 | €287,516 | €286,886 | -€631 | -0.2% |
| Land and buildings | 22 | €287,516 | €286,886 | -€631 | -0.2% |
| Current assets | 29/58 | €49,469 | €52,511 | +€3,042 | +6.1% |
| Cash at bank and in hand | 54/58 | €49,469 | €35,011 | -€14,458 | -29.2% |
| Deferred charges and accrued income | 490/1 | - | €17,500 | +€17,500 | |
| Total equity and liabilities | 10/49 | €336,985 | €339,396 | +€2,411 | +0.7% |
| Equity | 10/15 | €333,315 | €335,414 | +€2,098 | +0.6% |
| Contributions | 10/11 | €118,989 | €118,989 | = | 0.0% |
| Capital | 10 | €118,989 | €118,989 | = | 0.0% |
| Issued capital | 100 | €118,989 | €118,989 | = | 0.0% |
| Reserves | 13 | €153,896 | €153,896 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,898 | €11,898 | = | 0.0% |
| Legal reserve | 130 | €11,898 | €11,898 | = | 0.0% |
| Distributable reserves | 133 | €141,998 | €141,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,430 | €62,528 | +€2,098 | +3.5% |
| Amounts payable | 17/49 | €3,670 | €3,983 | +€313 | +8.5% |
| Amounts payable within one year | 42/48 | €3,670 | €3,983 | +€313 | +8.5% |
| Trade debts | 44 | €3,000 | €3,313 | +€313 | +10.4% |
| Suppliers | 440/4 | €3,000 | €3,313 | +€313 | +10.4% |
| Other amounts payable | 47/48 | €670 | €670 | = | 0.0% |
| Non-recurring operating income | 76A | €32,583 | €32,889 | +€306 | +0.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €35,959 | €15,615 | -€20,344 | -56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,216 | €4,216 | = | 0.0% |
| Other operating charges | 640/8 | €10,203 | €10,704 | +€502 | +4.9% |
| Gross operating margin | 9900 | -€3,376 | €17,274 | +€20,650 | |
| Operating profit (loss) | 9901 | -€17,795 | €2,354 | +€20,148 | |
| Financial charges | 65/66B | €255 | €255 | = | 0.0% |
| Recurring financial charges | 65 | €255 | €255 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,050 | €2,098 | +€20,148 | |
| Income taxes | 67/77 | €642 | - | -€642 | |
| Profit (loss) for the period | 9904 | -€18,692 | €2,098 | +€20,791 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,692 | €2,098 | +€20,791 |
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 8 November 2026 via checked.be.