SAADANA: 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.
SAADANA
Largest movements
- Receivables within one year +€108,684
up €108,684 (+33872.6%), from €321 to €109,004
- Deferred charges and accrued income +€25,902
new in 2025: €25,902
- Cash +€18,389
up €18,389 (+18.2%), from €101,185 to €119,574
mainly Net result for the year (+€148,950) and Depreciation (+€15,690)
- Tangible fixed assets -€15,690
down €15,690 (-48.4%), from €32,431 to €16,741
of which Furniture and vehicles: -€15,000
- Profit (loss) carried forward +€148,950
up €148,950 (+143.5%), from €103,779 to €252,729
- Debts after one year -€22,857
no longer reported in 2025 (was €22,857)
- Current portion of long-term debt +€11,157
new in 2025: €11,157
- Gross operating margin +€57,040
up €57,040 (+37.0%), from €153,957 to €210,998
- Taxes +€15,605
up €15,605 (+48.5%), from €32,179 to €47,785
- Financial income +€2,918
new in 2025: €2,918
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.
Cash bridge derived
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 | €133,936 | €271,307 | +€137,370 | +102.6% |
| Fixed assets | 21/28 | €32,431 | €16,826 | -€15,605 | -48.1% |
| Tangible fixed assets | 22/27 | €32,431 | €16,741 | -€15,690 | -48.4% |
| Plant, machinery and equipment | 23 | €869 | €179 | -€690 | -79.3% |
| Furniture and vehicles | 24 | €31,562 | €16,562 | -€15,000 | -47.5% |
| Financial fixed assets | 28 | - | €85 | +€85 | |
| Current assets | 29/58 | €101,506 | €254,481 | +€152,975 | +150.7% |
| Amounts receivable within one year | 40/41 | €321 | €109,004 | +€108,684 | +33872.6% |
| Other amounts receivable | 41 | €321 | €109,004 | +€108,684 | +33872.6% |
| Cash at bank and in hand | 54/58 | €101,185 | €119,574 | +€18,389 | +18.2% |
| Deferred charges and accrued income | 490/1 | - | €25,902 | +€25,902 | |
| Total equity and liabilities | 10/49 | €133,936 | €271,307 | +€137,370 | +102.6% |
| Equity | 10/15 | €106,779 | €255,729 | +€148,950 | +139.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,779 | €252,729 | +€148,950 | +143.5% |
| Amounts payable | 17/49 | €27,158 | €15,578 | -€11,580 | -42.6% |
| Amounts payable after more than one year | 17 | €22,857 | - | -€22,857 | |
| Financial debts | 170/4 | €22,857 | - | -€22,857 | |
| Amounts payable within one year | 42/48 | €4,300 | €15,578 | +€11,278 | +262.2% |
| Current portion of amounts payable after more than one year | 42 | - | €11,157 | +€11,157 | |
| Trade debts | 44 | €1,300 | €1,637 | +€337 | +25.9% |
| Suppliers | 440/4 | €1,300 | €1,637 | +€337 | +25.9% |
| Taxes, remuneration and social security | 45 | €2,000 | €2,785 | +€785 | +39.2% |
| Taxes | 450/3 | - | €2,785 | +€2,785 | |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,948 | €15,690 | +€1,741 | +12.5% |
| Other operating charges | 640/8 | €2,698 | €628 | -€2,069 | -76.7% |
| Non-recurring operating charges | 66A | €40 | €63 | +€23 | +58.6% |
| Gross operating margin | 9900 | €153,957 | €210,998 | +€57,040 | +37.0% |
| Operating profit (loss) | 9901 | €137,271 | €194,617 | +€57,345 | +41.8% |
| Financial income | 75/76B | - | €2,918 | +€2,918 | |
| Recurring financial income | 75 | - | €2,918 | +€2,918 | |
| Financial charges | 65/66B | €1,314 | €800 | -€514 | -39.1% |
| Recurring financial charges | 65 | €1,314 | €800 | -€514 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €135,958 | €196,735 | +€60,777 | +44.7% |
| Income taxes | 67/77 | €32,179 | €47,785 | +€15,605 | +48.5% |
| Profit (loss) for the period | 9904 | €103,779 | €148,950 | +€45,171 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €103,779 | €148,950 | +€45,171 | +43.5% |
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 11 October 2026 via checked.be.