S.A.I.L.: 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.I.L.
Largest movements
- Receivables within one year +€4,016
up €4,016 (+194%), from €2,067 to €6,083
of which Other amounts receivable: +€5,908
- Cash +€1,053
up €1,053 (+1.8%), from €57,904 to €58,957
mainly Net result for the year (+€6,808) and Depreciation (+€288)
- Deferred charges and accrued income +€679
new in 2025: €679
- Reserves +€6,808
up €6,808 (+18.3%), from €37,250 to €44,058
of which Distributable reserves: +€6,808
- Tax, wage and social debts -€1,074
down €1,074 (-25.9%), from €4,143 to €3,069
of which Taxes: -€1,074
- Turnover -€8,273
down €8,273 (-15.3%), from €54,141 to €45,867
- Gross operating margin -€6,566
down €6,566 (-40.7%), from €16,144 to €9,578
- Taxes -€2,227
down €2,227 (-46.4%), from €4,803 to €2,576
- Purchases and services -€1,707
down €1,707 (-4.5%), from €37,997 to €36,290
- Financial income +€574
up €574, from €0 to €574
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 | €60,259 | €65,719 | +€5,460 | +9.1% |
| Fixed assets | 21/28 | €288 | €0 | -€288 | -100% |
| Tangible fixed assets | 22/27 | €288 | €0 | -€288 | -100% |
| Plant, machinery and equipment | 23 | €288 | €0 | -€288 | -100% |
| Current assets | 29/58 | €59,972 | €65,719 | +€5,748 | +9.6% |
| Amounts receivable within one year | 40/41 | €2,067 | €6,083 | +€4,016 | +194% |
| Trade receivables | 40 | €2,067 | €175 | -€1,892 | -91.5% |
| Other amounts receivable | 41 | €0 | €5,908 | +€5,908 | |
| Cash at bank and in hand | 54/58 | €57,904 | €58,957 | +€1,053 | +1.8% |
| Deferred charges and accrued income | 490/1 | - | €679 | +€679 | |
| Total equity and liabilities | 10/49 | €60,259 | €65,719 | +€5,460 | +9.1% |
| Equity | 10/15 | €55,842 | €62,650 | +€6,808 | +12.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €37,250 | €44,058 | +€6,808 | +18.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €37,250 | €44,058 | +€6,808 | +18.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,418 | €3,069 | -€1,349 | -30.5% |
| Amounts payable within one year | 42/48 | €4,270 | €3,069 | -€1,201 | -28.1% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €4,143 | €3,069 | -€1,074 | -25.9% |
| Taxes | 450/3 | €4,143 | €3,069 | -€1,074 | -25.9% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €127 | €0 | -€127 | -100% |
| Accrued charges and deferred income | 492/3 | €148 | €0 | -€148 | -100% |
| Turnover | 70 | €54,141 | €45,867 | -€8,273 | -15.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,997 | €36,290 | -€1,707 | -4.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €346 | €288 | -€58 | -16.7% |
| Other operating charges | 640/8 | €536 | €465 | -€71 | -13.2% |
| Gross operating margin | 9900 | €16,144 | €9,578 | -€6,566 | -40.7% |
| Operating profit (loss) | 9901 | €15,262 | €8,824 | -€6,438 | -42.2% |
| Financial income | 75/76B | €0 | €574 | +€574 | |
| Recurring financial income | 75 | €0 | €574 | +€574 | |
| Financial charges | 65/66B | €108 | €13 | -€95 | -88.0% |
| Recurring financial charges | 65 | €108 | €13 | -€95 | -88.0% |
| Profit (loss) for the period before taxes | 9903 | €15,154 | €9,385 | -€5,769 | -38.1% |
| Income taxes | 67/77 | €4,803 | €2,576 | -€2,227 | -46.4% |
| Profit (loss) for the period | 9904 | €10,351 | €6,808 | -€3,542 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,351 | €6,808 | -€3,542 | -34.2% |
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 29 October 2026 via checked.be.