SAAD 1: 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.
SAAD 1
Largest movements
- Receivables within one year -€23,248
down €23,248 (-74.2%), from €31,317 to €8,069
- Stocks and contracts +€3,033
up €3,033 (+8.8%), from €34,569 to €37,602
- Other debts -€26,704
down €26,704 (-45.2%), from €59,077 to €32,373
- Profit (loss) carried forward +€6,534
up €6,534 (+118.0%), from €5,537 to €12,071
- Purchases and services -€20,504
down €20,504 (-26.5%), from €77,453 to €56,949
- Turnover -€11,492
down €11,492 (-15.1%), from €76,075 to €64,583
- Gross operating margin +€5,911
up €5,911 (+215.6%), from €2,742 to €8,654
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,822 | €47,912 | -€19,910 | -29.4% |
| Current assets | 29/58 | €67,822 | €47,912 | -€19,910 | -29.4% |
| Stocks and contracts in progress | 3 | €34,569 | €37,602 | +€3,033 | +8.8% |
| Stocks | 30/36 | €34,569 | €37,602 | +€3,033 | +8.8% |
| Amounts receivable within one year | 40/41 | €31,317 | €8,069 | -€23,248 | -74.2% |
| Trade receivables | 40 | €31,317 | €8,069 | -€23,248 | -74.2% |
| Cash at bank and in hand | 54/58 | €1,936 | €1,882 | -€54 | -2.8% |
| Deferred charges and accrued income | 490/1 | - | €359 | +€359 | |
| Total equity and liabilities | 10/49 | €67,822 | €47,912 | -€19,910 | -29.4% |
| Equity | 10/15 | €6,637 | €13,171 | +€6,534 | +98.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,537 | €12,071 | +€6,534 | +118.0% |
| Amounts payable | 17/49 | €61,184 | €34,741 | -€26,444 | -43.2% |
| Amounts payable within one year | 42/48 | €61,184 | €34,741 | -€26,444 | -43.2% |
| Taxes, remuneration and social security | 45 | €2,107 | €2,368 | +€261 | +12.4% |
| Taxes | 450/3 | €2,107 | €2,368 | +€261 | +12.4% |
| Other amounts payable | 47/48 | €59,077 | €32,373 | -€26,704 | -45.2% |
| Turnover | 70 | €76,075 | €64,583 | -€11,492 | -15.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €77,453 | €56,949 | -€20,504 | -26.5% |
| Other operating charges | 640/8 | €1,605 | €1,416 | -€189 | -11.8% |
| Gross operating margin | 9900 | €2,742 | €8,654 | +€5,911 | +215.6% |
| Operating profit (loss) | 9901 | €1,137 | €7,238 | +€6,101 | +536.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €961 | €704 | -€257 | -26.7% |
| Recurring financial charges | 65 | €961 | €704 | -€257 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €176 | €6,534 | +€6,357 | +3609.3% |
| Income taxes | 67/77 | €90 | - | -€90 | |
| Profit (loss) for the period | 9904 | €86 | €6,534 | +€6,447 | +7487.5% |
| Profit (loss) for the period to be appropriated | 9905 | €86 | €6,534 | +€6,447 | +7487.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.