S en 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 en A
Largest movements
- Cash +€2,500
up €2,500 (+21.5%), from €11,609 to €14,109
mainly Net result for the year (+€3,977) and Tax, wage and social debts (+€179)
- Financial fixed assets +€1,251
up €1,251 (+5,213%), from €24 to €1,275
- Profit (loss) carried forward +€3,977
up €3,977 (+25.6%), from -€15,514 to -€11,537
- Trade debts -€242
down €242 (-13.6%), from €1,784 to €1,542
- Tax, wage and social debts +€179
new in 2025: €179
- Other debts -€166
down €166 (-10.7%), from €1,554 to €1,388
- Gross operating margin +€3,723
up €3,723 (+257%), from €1,446 to €5,169
- Financial charges +€89
up €89 (+58.9%), from €151 to €240
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 | €11,991 | €15,739 | +€3,748 | +31.3% |
| Fixed assets | 21/28 | €24 | €1,275 | +€1,251 | +5,213% |
| Financial fixed assets | 28 | €24 | €1,275 | +€1,251 | +5,213% |
| Current assets | 29/58 | €11,967 | €14,464 | +€2,497 | +20.9% |
| Stocks and contracts in progress | 3 | €250 | €250 | = | 0.0% |
| Stocks | 30/36 | €250 | €250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €108 | €105 | -€3 | -2.8% |
| Other amounts receivable | 41 | €108 | €105 | -€3 | -2.8% |
| Cash at bank and in hand | 54/58 | €11,609 | €14,109 | +€2,500 | +21.5% |
| Total equity and liabilities | 10/49 | €11,991 | €15,739 | +€3,748 | +31.3% |
| Equity | 10/15 | €8,653 | €12,630 | +€3,977 | +46.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €5,575 | €5,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €3,716 | €3,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,514 | -€11,537 | +€3,977 | +25.6% |
| Amounts payable | 17/49 | €3,338 | €3,109 | -€229 | -6.9% |
| Amounts payable within one year | 42/48 | €3,338 | €3,109 | -€229 | -6.9% |
| Trade debts | 44 | €1,784 | €1,542 | -€242 | -13.6% |
| Suppliers | 440/4 | €1,784 | €1,542 | -€242 | -13.6% |
| Taxes, remuneration and social security | 45 | - | €179 | +€179 | |
| Taxes | 450/3 | - | €179 | +€179 | |
| Other amounts payable | 47/48 | €1,554 | €1,388 | -€166 | -10.7% |
| Other operating charges | 640/8 | €924 | €952 | +€28 | +3.0% |
| Gross operating margin | 9900 | €1,446 | €5,169 | +€3,723 | +257% |
| Operating profit (loss) | 9901 | €522 | €4,217 | +€3,695 | +708% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €151 | €240 | +€89 | +58.9% |
| Recurring financial charges | 65 | €151 | €240 | +€89 | +58.9% |
| Profit (loss) for the period before taxes | 9903 | €374 | €3,977 | +€3,603 | +963% |
| Profit (loss) for the period | 9904 | €374 | €3,977 | +€3,603 | +963% |
| Profit (loss) for the period to be appropriated | 9905 | €374 | €3,977 | +€3,603 | +963% |
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 22 October 2026 via checked.be.