SA'ADATE: 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.
SA'ADATE
Largest movements
- Cash -€2,057
down €2,057 (-65.4%), from €3,146 to €1,089
mainly Net result for the year (-€31,934) and Receivables within one year (-€1,119)
- Stocks and contracts -€1,256
down €1,256 (-36.3%), from €3,456 to €2,200
- Receivables within one year +€1,119
up €1,119 (+288%), from €389 to €1,508
of which Other amounts receivable: +€829
- Deferred charges and accrued income -€338
no longer reported in 2025 (was €338)
- Profit (loss) carried forward -€31,934
down €31,934 (-193%), from -€16,589 to -€48,523
- Tax, wage and social debts +€21,415
up €21,415 (+154%), from €13,897 to €35,312
of which Remuneration and social security: +€21,221
- Other debts +€8,326
up €8,326 (+108%), from €7,704 to €16,030
- Trade debts -€237
down €237 (-10.7%), from €2,216 to €1,979
- Accrued charges and deferred income -€101
no longer reported in 2025 (was €101)
- Staff costs +€19,427
up €19,427 (+69.9%), from €27,784 to €47,211
- Gross operating margin +€9,531
up €9,531 (+106%), from €8,952 to €18,483
- Other operating charges +€3,007
new in 2025: €3,007
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 | €7,328 | €4,796 | -€2,532 | -34.5% |
| Current assets | 29/58 | €7,328 | €4,796 | -€2,532 | -34.5% |
| Stocks and contracts in progress | 3 | €3,456 | €2,200 | -€1,256 | -36.3% |
| Stocks | 30/36 | €3,456 | €2,200 | -€1,256 | -36.3% |
| Amounts receivable within one year | 40/41 | €389 | €1,508 | +€1,119 | +288% |
| Trade receivables | 40 | - | €289 | +€289 | |
| Other amounts receivable | 41 | €389 | €1,218 | +€829 | +213% |
| Cash at bank and in hand | 54/58 | €3,146 | €1,089 | -€2,057 | -65.4% |
| Deferred charges and accrued income | 490/1 | €338 | - | -€338 | |
| Total equity and liabilities | 10/49 | €7,328 | €4,796 | -€2,532 | -34.5% |
| Equity | 10/15 | -€16,589 | -€48,523 | -€31,934 | -193% |
| Profit (loss) carried forward | 14 | -€16,589 | -€48,523 | -€31,934 | -193% |
| Amounts payable | 17/49 | €23,917 | €53,320 | +€29,403 | +123% |
| Amounts payable within one year | 42/48 | €23,817 | €53,320 | +€29,503 | +124% |
| Trade debts | 44 | €2,216 | €1,979 | -€237 | -10.7% |
| Suppliers | 440/4 | €2,216 | €1,979 | -€237 | -10.7% |
| Taxes, remuneration and social security | 45 | €13,897 | €35,312 | +€21,415 | +154% |
| Taxes | 450/3 | €2,744 | €2,939 | +€194 | +7.1% |
| Remuneration and social security | 454/9 | €11,152 | €32,373 | +€21,221 | +190% |
| Other amounts payable | 47/48 | €7,704 | €16,030 | +€8,326 | +108% |
| Accrued charges and deferred income | 492/3 | €101 | - | -€101 | |
| Remuneration, social security and pensions | 62 | €27,784 | €47,211 | +€19,427 | +69.9% |
| Other operating charges | 640/8 | - | €3,007 | +€3,007 | |
| Gross operating margin | 9900 | €8,952 | €18,483 | +€9,531 | +106% |
| Operating profit (loss) | 9901 | -€18,832 | -€31,734 | -€12,903 | -68.5% |
| Financial income | 75/76B | €6 | €6 | -€0 | -6.7% |
| Recurring financial income | 75 | €6 | €6 | -€0 | -6.7% |
| Financial charges | 65/66B | €105 | €206 | +€100 | +95.0% |
| Recurring financial charges | 65 | €105 | €206 | +€100 | +95.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,931 | -€31,934 | -€13,003 | -68.7% |
| Profit (loss) for the period | 9904 | -€18,931 | -€31,934 | -€13,003 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,931 | -€31,934 | -€13,003 | -68.7% |
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.