SAAB INTERNATIONAL: what changed
SAAB INTERNATIONAL
Largest movements
- Cash -€20,277
down €20,277 (-57.9%), from €35,038 to €14,761
mainly Other debts (-€23,165) and Trade debts (-€11,167)
- Financial fixed assets +€9,400
new in 2025: €9,400
- Receivables within one year +€2,561
up €2,561 (+6.6%), from €38,514 to €41,075
of which Trade receivables: +€2,561
- Stocks and contracts +€2,044
up €2,044 (+4.6%), from €44,588 to €46,632
- Tangible fixed assets -€1,356
down €1,356 (-24.0%), from €5,659 to €4,303
- Other debts -€23,165
down €23,165 (-52.7%), from €43,990 to €20,826
- Trade debts -€11,167
down €11,167 (-29.3%), from €38,113 to €26,946
- Accrued charges and deferred income +€9,400
new in 2025: €9,400
- Tax, wage and social debts +€8,923
up €8,923 (+142%), from €6,269 to €15,192
of which Remuneration and social security: +€7,877
- Profit (loss) carried forward +€8,309
up €8,309 (+54.2%), from €15,320 to €23,629
- Gross operating margin +€32,684
up €32,684 (+76.5%), from €42,742 to €75,426
- Taxes -€17,221
no longer reported in 2025 (was €17,221)
- Other operating charges -€10,729
down €10,729 (-98.5%), from €10,894 to €165
- Staff costs +€6,750
up €6,750 (+11.8%), from €57,354 to €64,104
- Financial charges -€2,431
down €2,431 (-58.4%), from €4,164 to €1,733
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,152 | €116,452 | -€7,700 | -6.2% |
| Fixed assets | 21/28 | €5,659 | €13,703 | +€8,044 | +142% |
| Tangible fixed assets | 22/27 | €5,659 | €4,303 | -€1,356 | -24.0% |
| Plant, machinery and equipment | 23 | €5,659 | €4,303 | -€1,356 | -24.0% |
| Financial fixed assets | 28 | - | €9,400 | +€9,400 | |
| Current assets | 29/58 | €118,493 | €102,749 | -€15,744 | -13.3% |
| Stocks and contracts in progress | 3 | €44,588 | €46,632 | +€2,044 | +4.6% |
| Stocks | 30/36 | €44,588 | €46,632 | +€2,044 | +4.6% |
| Amounts receivable within one year | 40/41 | €38,514 | €41,075 | +€2,561 | +6.6% |
| Trade receivables | 40 | €150 | €2,711 | +€2,561 | +1,707% |
| Other amounts receivable | 41 | €38,364 | €38,364 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,038 | €14,761 | -€20,277 | -57.9% |
| Deferred charges and accrued income | 490/1 | €353 | €281 | -€72 | -20.3% |
| Total equity and liabilities | 10/49 | €124,152 | €116,452 | -€7,700 | -6.2% |
| Equity | 10/15 | €35,780 | €44,089 | +€8,309 | +23.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,320 | €23,629 | +€8,309 | +54.2% |
| Amounts payable | 17/49 | €88,372 | €72,363 | -€16,009 | -18.1% |
| Amounts payable within one year | 42/48 | €88,372 | €62,963 | -€25,409 | -28.8% |
| Trade debts | 44 | €38,113 | €26,946 | -€11,167 | -29.3% |
| Suppliers | 440/4 | €38,113 | €26,946 | -€11,167 | -29.3% |
| Taxes, remuneration and social security | 45 | €6,269 | €15,192 | +€8,923 | +142% |
| Taxes | 450/3 | €4,017 | €5,064 | +€1,046 | +26.0% |
| Remuneration and social security | 454/9 | €2,251 | €10,128 | +€7,877 | +350% |
| Other amounts payable | 47/48 | €43,990 | €20,826 | -€23,165 | -52.7% |
| Accrued charges and deferred income | 492/3 | - | €9,400 | +€9,400 | |
| Remuneration, social security and pensions | 62 | €57,354 | €64,104 | +€6,750 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185 | €1,356 | +€1,171 | +633% |
| Other operating charges | 640/8 | €10,894 | €165 | -€10,729 | -98.5% |
| Gross operating margin | 9900 | €42,742 | €75,426 | +€32,684 | +76.5% |
| Operating profit (loss) | 9901 | -€25,691 | €9,801 | +€35,491 | |
| Financial income | 75/76B | €496 | €242 | -€254 | -51.3% |
| Recurring financial income | 75 | €496 | €242 | -€254 | -51.3% |
| Financial charges | 65/66B | €4,164 | €1,733 | -€2,431 | -58.4% |
| Recurring financial charges | 65 | €4,164 | €1,733 | -€2,431 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | -€29,359 | €8,309 | +€37,668 | |
| Income taxes | 67/77 | €17,221 | - | -€17,221 | |
| Profit (loss) for the period | 9904 | -€46,580 | €8,309 | +€54,889 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,580 | €8,309 | +€54,889 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.