S.A. TRADING: 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. TRADING
Largest movements
- Stocks and contracts +€6,653
up €6,653 (+71.2%), from €9,347 to €16,000
- Receivables within one year +€1,707
up €1,707 (+270%), from €631 to €2,338
of which Other amounts receivable: +€1,643
- Other debts +€10,864
up €10,864 (+86.5%), from €12,561 to €23,425
- Tax, wage and social debts -€2,923
down €2,923 (-82.2%), from €3,555 to €631
of which Taxes: -€3,326
- Profit (loss) carried forward +€614
up €614 (+2.1%), from -€29,181 to -€28,567
- Gross operating margin +€7,456
up €7,456 (+83.5%), from €8,929 to €16,385
- Financial charges +€1,451
up €1,451 (+21.3%), from €6,824 to €8,275
- Staff costs +€265
up €265 (+5.6%), from €4,726 to €4,991
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 | €16,914 | €25,393 | +€8,480 | +50.1% |
| Fixed assets | 21/28 | €1,789 | €1,847 | +€58 | +3.2% |
| Financial fixed assets | 28 | €1,789 | €1,847 | +€58 | +3.2% |
| Current assets | 29/58 | €15,125 | €23,547 | +€8,422 | +55.7% |
| Stocks and contracts in progress | 3 | €9,347 | €16,000 | +€6,653 | +71.2% |
| Stocks | 30/36 | €9,347 | €16,000 | +€6,653 | +71.2% |
| Amounts receivable within one year | 40/41 | €631 | €2,338 | +€1,707 | +270% |
| Trade receivables | 40 | €358 | €423 | +€64 | +17.9% |
| Other amounts receivable | 41 | €273 | €1,915 | +€1,643 | +603% |
| Cash at bank and in hand | 54/58 | €5,102 | €5,066 | -€36 | -0.7% |
| Deferred charges and accrued income | 490/1 | €44 | €142 | +€98 | +221% |
| Total equity and liabilities | 10/49 | €16,914 | €25,393 | +€8,480 | +50.1% |
| Equity | 10/15 | €507 | €1,122 | +€614 | +121% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,088 | €11,088 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €11,088 | €11,088 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,181 | -€28,567 | +€614 | +2.1% |
| Amounts payable | 17/49 | €16,406 | €24,272 | +€7,865 | +47.9% |
| Amounts payable within one year | 42/48 | €16,406 | €24,272 | +€7,865 | +47.9% |
| Trade debts | 44 | €290 | €215 | -€75 | -25.8% |
| Suppliers | 440/4 | €290 | €215 | -€75 | -25.8% |
| Taxes, remuneration and social security | 45 | €3,555 | €631 | -€2,923 | -82.2% |
| Taxes | 450/3 | €3,354 | €28 | -€3,326 | -99.2% |
| Remuneration and social security | 454/9 | €201 | €603 | +€402 | +201% |
| Other amounts payable | 47/48 | €12,561 | €23,425 | +€10,864 | +86.5% |
| Remuneration, social security and pensions | 62 | €4,726 | €4,991 | +€265 | +5.6% |
| Other operating charges | 640/8 | €2,455 | €2,520 | +€64 | +2.6% |
| Gross operating margin | 9900 | €8,929 | €16,385 | +€7,456 | +83.5% |
| Operating profit (loss) | 9901 | €1,748 | €8,874 | +€7,127 | +408% |
| Financial income | 75/76B | €11 | €15 | +€4 | +34.2% |
| Recurring financial income | 75 | €11 | €15 | +€4 | +34.2% |
| Financial charges | 65/66B | €6,824 | €8,275 | +€1,451 | +21.3% |
| Recurring financial charges | 65 | €6,824 | €8,275 | +€1,451 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,065 | €614 | +€5,680 | |
| Profit (loss) for the period | 9904 | -€5,065 | €614 | +€5,680 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,065 | €614 | +€5,680 |
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 14 October 2026 via checked.be.