SAADO PARTNERS: 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.
SAADO PARTNERS
Largest movements
- Receivables within one year +€65,542
up €65,542 (+373%), from €17,583 to €83,125
- Cash +€8,299
up €8,299 (+30.5%), from €27,189 to €35,488
mainly Trade debts (+€59,701) and Net result for the year (+€22,300)
- Financial fixed assets +€4,500
up €4,500 (+158%), from €2,850 to €7,350
- Stocks and contracts -€3,725
down €3,725 (-71.9%), from €5,178 to €1,453
- Deferred charges and accrued income +€2,596
up €2,596 (+1,589%), from €163 to €2,759
- Trade debts +€59,701
up €59,701 (+342%), from €17,456 to €77,157
- Other debts +€13,792
up €13,792 (+120%), from €11,448 to €25,241
- Profit (loss) carried forward +€2,300
up €2,300 (+21.1%), from €10,910 to €13,210
- Gross operating margin +€18,469
up €18,469 (+34.8%), from €53,084 to €71,553
- Staff costs +€3,351
up €3,351 (+9.3%), from €36,108 to €39,460
- Depreciation +€1,819
up €1,819 (+46.0%), from €3,955 to €5,774
- Taxes -€1,351
down €1,351 (-53.4%), from €2,532 to €1,181
- Other operating charges +€915
up €915 (+54.6%), from €1,676 to €2,592
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,127 | €142,021 | +€76,894 | +118% |
| Fixed assets | 21/28 | €15,013 | €19,196 | +€4,182 | +27.9% |
| Intangible fixed assets | 21 | €6,000 | €4,500 | -€1,500 | -25.0% |
| Tangible fixed assets | 22/27 | €6,163 | €7,346 | +€1,182 | +19.2% |
| Plant, machinery and equipment | 23 | - | €800 | +€800 | |
| Furniture and vehicles | 24 | €6,163 | €6,546 | +€382 | +6.2% |
| Financial fixed assets | 28 | €2,850 | €7,350 | +€4,500 | +158% |
| Current assets | 29/58 | €50,114 | €122,826 | +€72,712 | +145% |
| Stocks and contracts in progress | 3 | €5,178 | €1,453 | -€3,725 | -71.9% |
| Stocks | 30/36 | €5,178 | €1,453 | -€3,725 | -71.9% |
| Amounts receivable within one year | 40/41 | €17,583 | €83,125 | +€65,542 | +373% |
| Trade receivables | 40 | €17,583 | €83,125 | +€65,542 | +373% |
| Cash at bank and in hand | 54/58 | €27,189 | €35,488 | +€8,299 | +30.5% |
| Deferred charges and accrued income | 490/1 | €163 | €2,759 | +€2,596 | +1,589% |
| Total equity and liabilities | 10/49 | €65,127 | €142,021 | +€76,894 | +118% |
| Equity | 10/15 | €23,513 | €25,813 | +€2,300 | +9.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €203 | €203 | = | 0.0% |
| Non-distributable reserves | 130/1 | €203 | €203 | = | 0.0% |
| Reserves not available under the articles | 1311 | €203 | €203 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,910 | €13,210 | +€2,300 | +21.1% |
| Amounts payable | 17/49 | €41,614 | €116,208 | +€74,594 | +179% |
| Amounts payable within one year | 42/48 | €41,614 | €116,208 | +€74,594 | +179% |
| Trade debts | 44 | €17,456 | €77,157 | +€59,701 | +342% |
| Suppliers | 440/4 | €17,456 | €77,157 | +€59,701 | +342% |
| Taxes, remuneration and social security | 45 | €12,710 | €13,811 | +€1,101 | +8.7% |
| Taxes | 450/3 | €6,298 | €7,021 | +€723 | +11.5% |
| Remuneration and social security | 454/9 | €6,411 | €6,789 | +€378 | +5.9% |
| Other amounts payable | 47/48 | €11,448 | €25,241 | +€13,792 | +120% |
| Remuneration, social security and pensions | 62 | €36,108 | €39,460 | +€3,351 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,955 | €5,774 | +€1,819 | +46.0% |
| Other operating charges | 640/8 | €1,676 | €2,592 | +€915 | +54.6% |
| Gross operating margin | 9900 | €53,084 | €71,553 | +€18,469 | +34.8% |
| Operating profit (loss) | 9901 | €11,345 | €23,728 | +€12,383 | +109% |
| Financial charges | 65/66B | €220 | €247 | +€27 | +12.3% |
| Recurring financial charges | 65 | €220 | €247 | +€27 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €11,125 | €23,481 | +€12,356 | +111% |
| Income taxes | 67/77 | €2,532 | €1,181 | -€1,351 | -53.4% |
| Profit (loss) for the period | 9904 | €8,593 | €22,300 | +€13,707 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €8,593 | €22,300 | +€13,707 | +160% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.