Maison Saroléa: 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.
Maison Saroléa
Largest movements
- Stocks and contracts +€189,444
up €189,444 (+72.9%), from €259,823 to €449,267
- Intangible fixed assets -€34,472
down €34,472 (-25.5%), from €134,998 to €100,526
- Receivables within one year -€25,260
down €25,260 (-29.3%), from €86,233 to €60,973
of which Trade receivables: -€25,260
- Cash -€23,200
down €23,200 (-29.7%), from €78,094 to €54,894
mainly Stocks and contracts (-€189,444) and Tax, wage and social debts (-€21,498)
- Debts after one year +€69,027
up €69,027 (+223%), from €30,973 to €100,000
- Short-term financial debts +€50,000
up €50,000 (+16.7%), from €300,000 to €350,000
- Tax, wage and social debts -€21,498
down €21,498 (-37.3%), from €57,575 to €36,078
of which Remuneration and social security: -€12,103
- Trade debts +€12,610
up €12,610 (+147%), from €8,576 to €21,186
- Staff costs -€153,174
down €153,174 (-44.0%), from €348,247 to €195,073
- Gross operating margin -€113,305
down €113,305 (-29.7%), from €380,936 to €267,631
- Financial income -€36,469
down €36,469 (-100%), from €36,469 to €0
of which Non-recurring financial income: -€35,808
- Financial charges -€4,039
down €4,039 (-17.5%), from €23,086 to €19,047
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 | €592,881 | €697,532 | +€104,651 | +17.7% |
| Fixed assets | 21/28 | €167,566 | €130,604 | -€36,962 | -22.1% |
| Intangible fixed assets | 21 | €134,998 | €100,526 | -€34,472 | -25.5% |
| Tangible fixed assets | 22/27 | €32,568 | €30,078 | -€2,490 | -7.6% |
| Plant, machinery and equipment | 23 | €7,217 | €4,517 | -€2,700 | -37.4% |
| Furniture and vehicles | 24 | €25,351 | €25,561 | +€210 | +0.8% |
| Current assets | 29/58 | €425,315 | €566,928 | +€141,613 | +33.3% |
| Stocks and contracts in progress | 3 | €259,823 | €449,267 | +€189,444 | +72.9% |
| Stocks | 30/36 | €259,823 | €449,267 | +€189,444 | +72.9% |
| Amounts receivable within one year | 40/41 | €86,233 | €60,973 | -€25,260 | -29.3% |
| Trade receivables | 40 | €86,233 | €60,973 | -€25,260 | -29.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €78,094 | €54,894 | -€23,200 | -29.7% |
| Deferred charges and accrued income | 490/1 | €1,165 | €1,794 | +€630 | +54.1% |
| Total equity and liabilities | 10/49 | €592,881 | €697,532 | +€104,651 | +17.7% |
| Equity | 10/15 | €113,165 | €114,235 | +€1,069 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,565 | €95,635 | +€1,069 | +1.1% |
| Distributable reserves | 133 | €94,565 | €95,635 | +€1,069 | +1.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €479,715 | €583,298 | +€103,582 | +21.6% |
| Amounts payable after more than one year | 17 | €30,973 | €100,000 | +€69,027 | +223% |
| Financial debts | 170/4 | €30,973 | €100,000 | +€69,027 | +223% |
| Amounts payable within one year | 42/48 | €447,729 | €481,423 | +€33,693 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €11,768 | €5,973 | -€5,794 | -49.2% |
| Financial debts | 43 | €300,000 | €350,000 | +€50,000 | +16.7% |
| Credit institutions | 430/8 | €300,000 | €350,000 | +€50,000 | +16.7% |
| Trade debts | 44 | €8,576 | €21,186 | +€12,610 | +147% |
| Suppliers | 440/4 | €8,576 | €21,186 | +€12,610 | +147% |
| Advances received on contracts in progress | 46 | €68,185 | €68,185 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €57,575 | €36,078 | -€21,498 | -37.3% |
| Taxes | 450/3 | €17,093 | €7,698 | -€9,395 | -55.0% |
| Remuneration and social security | 454/9 | €40,483 | €28,380 | -€12,103 | -29.9% |
| Other amounts payable | 47/48 | €1,625 | €0 | -€1,625 | -100% |
| Accrued charges and deferred income | 492/3 | €1,013 | €1,875 | +€862 | +85.1% |
| Non-recurring operating income | 76A | €661 | - | -€661 | |
| Remuneration, social security and pensions | 62 | €348,247 | €195,073 | -€153,174 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,101 | €50,362 | -€2,740 | -5.2% |
| Other operating charges | 640/8 | €977 | €1,492 | +€515 | +52.7% |
| Gross operating margin | 9900 | €380,936 | €267,631 | -€113,305 | -29.7% |
| Operating profit (loss) | 9901 | -€21,389 | €20,704 | +€42,093 | |
| Financial income | 75/76B | €36,469 | €0 | -€36,469 | -100% |
| Recurring financial income | 75 | €661 | €0 | -€661 | -100% |
| Non-recurring financial income | 76B | €35,808 | - | -€35,808 | |
| Financial charges | 65/66B | €23,086 | €19,047 | -€4,039 | -17.5% |
| Recurring financial charges | 65 | €23,086 | €19,047 | -€4,039 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,006 | €1,658 | +€9,664 | |
| Income taxes | 67/77 | €0 | €588 | +€588 | |
| Profit (loss) for the period | 9904 | -€8,006 | €1,069 | +€9,075 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,006 | €1,069 | +€9,075 |
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 24 October 2026 via checked.be.