S.A.D.A.: 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.
S.A.D.A.
Largest movements
- Cash -€186
down €186 (-14.0%), from €1,327 to €1,142
mainly Net result for the year (-€207)
- Profit (loss) carried forward -€207
down €207 (-4.2%), from -€4,993 to -€5,200
- Trade debts +€22
new in 2025: €22
- Purchases and services -€170
no longer reported in 2025 (was €170)
- Gross operating margin +€17
up €17 (+9.8%), from -€170 to -€153
- Financial charges +€3
up €3 (+5.9%), from €51 to €54
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 | €1,327 | €1,142 | -€186 | -14.0% |
| Current assets | 29/58 | €1,327 | €1,142 | -€186 | -14.0% |
| Cash at bank and in hand | 54/58 | €1,327 | €1,142 | -€186 | -14.0% |
| Total equity and liabilities | 10/49 | €1,327 | €1,142 | -€186 | -14.0% |
| Equity | 10/15 | €1,327 | €1,120 | -€207 | -15.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €120 | €120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €120 | €120 | = | 0.0% |
| Reserves not available under the articles | 1311 | €120 | €120 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,993 | -€5,200 | -€207 | -4.2% |
| Amounts payable | 17/49 | - | €22 | +€22 | |
| Amounts payable within one year | 42/48 | - | €22 | +€22 | |
| Trade debts | 44 | - | €22 | +€22 | |
| Suppliers | 440/4 | - | €22 | +€22 | |
| Goods, raw materials, services and sundry goods | 60/61 | €170 | - | -€170 | |
| Gross operating margin | 9900 | -€170 | -€153 | +€17 | +9.8% |
| Operating profit (loss) | 9901 | -€170 | -€153 | +€17 | +9.8% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€221 | -€207 | +€14 | +6.2% |
| Profit (loss) for the period | 9904 | -€221 | -€207 | +€14 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€221 | -€207 | +€14 | +6.2% |
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 21 October 2026 via checked.be.