Saarimmo: what changed
Two fiscal 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.
Saarimmo
Largest movements
- Current investments +€1.0m
up €1.0m, from €0 to €1.0m
- Receivables within one year -€270,358
down €270,358 (-7.7%), from €3.5m to €3.2m
of which Other amounts receivable: -€331,050
- Tangible fixed assets +€210,645
up €210,645 (+47.8%), from €440,867 to €651,512
of which Land and buildings: +€218,596
- Cash -€145,729
down €145,729 (-63.1%), from €231,088 to €85,359
mainly Current investments (-€1.0m) and Investment in fixed assets (net) (-€232,367)
- Other debts +€888,930
up €888,930 (+15.9%), from €5.6m to €6.5m
- Trade debts -€61,698
down €61,698 (-49.6%), from €124,372 to €62,675
- Financial charges -€3.0m
down €3.0m (-99.9%), from €3.0m to €3,639
- Other operating charges +€33,939
up €33,939 (+483.0%), from €7,026 to €40,965
- Depreciation -€22,811
down €22,811 (-51.2%), from €44,532 to €21,721
- Taxes -€14,242
down €14,242 (-70.7%), from €20,152 to €5,910
- Financial income +€7,355
up €7,355 (+5.9%), from €124,756 to €132,111
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 | €4,676,528 | €5,522,366 | +€845,837 | +18.1% |
| Fixed assets | 21/28 | €951,064 | €1,161,709 | +€210,645 | +22.1% |
| Tangible fixed assets | 22/27 | €440,867 | €651,512 | +€210,645 | +47.8% |
| Land and buildings | 22 | €424,380 | €642,977 | +€218,596 | +51.5% |
| Plant, machinery and equipment | 23 | €2,633 | €1,188 | -€1,445 | -54.9% |
| Furniture and vehicles | 24 | €1,218 | €542 | -€676 | -55.5% |
| Other tangible fixed assets | 26 | €12,635 | €6,806 | -€5,829 | -46.1% |
| Financial fixed assets | 28 | €510,197 | €510,197 | = | 0.0% |
| Current assets | 29/58 | €3,725,464 | €4,360,656 | +€635,192 | +17.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,492,271 | €3,221,913 | -€270,358 | -7.7% |
| Trade receivables | 40 | €11,290 | €71,982 | +€60,692 | +537.6% |
| Other amounts receivable | 41 | €3,480,981 | €3,149,931 | -€331,050 | -9.5% |
| Current investments | 50/53 | €0 | €1,050,000 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €231,088 | €85,359 | -€145,729 | -63.1% |
| Deferred charges and accrued income | 490/1 | €2,105 | €3,385 | +€1,279 | +60.8% |
| Total equity and liabilities | 10/49 | €4,676,528 | €5,522,366 | +€845,837 | +18.1% |
| Equity | 10/15 | -€1,041,621 | -€1,028,797 | +€12,824 | +1.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €144,440 | €143,780 | -€660 | -0.5% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,460 | €23,799 | -€660 | -2.7% |
| Distributable reserves | 133 | €112,481 | €112,481 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,261,061 | -€1,247,577 | +€13,484 | +1.1% |
| Amounts payable | 17/49 | €5,718,149 | €6,551,163 | +€833,014 | +14.6% |
| Amounts payable within one year | 42/48 | €5,717,113 | €6,549,961 | +€832,849 | +14.6% |
| Trade debts | 44 | €124,372 | €62,675 | -€61,698 | -49.6% |
| Suppliers | 440/4 | €124,372 | €62,675 | -€61,698 | -49.6% |
| Advances received on contracts in progress | 46 | €2,229 | €2,229 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,565 | €13,181 | +€5,617 | +74.2% |
| Taxes | 450/3 | €7,565 | €13,181 | +€5,617 | +74.2% |
| Other amounts payable | 47/48 | €5,582,947 | €6,471,877 | +€888,930 | +15.9% |
| Accrued charges and deferred income | 492/3 | €1,036 | €1,201 | +€165 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,532 | €21,721 | -€22,811 | -51.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,026 | €40,965 | +€33,939 | +483.0% |
| Gross operating margin | 9900 | -€46,877 | -€47,053 | -€176 | -0.4% |
| Operating profit (loss) | 9901 | -€98,436 | -€109,739 | -€11,303 | -11.5% |
| Financial income | 75/76B | €124,756 | €132,111 | +€7,355 | +5.9% |
| Recurring financial income | 75 | €124,756 | €132,111 | +€7,355 | +5.9% |
| Financial charges | 65/66B | €3,001,479 | €3,639 | -€3.0m | -99.9% |
| Recurring financial charges | 65 | €3,001,479 | €3,639 | -€3.0m | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,975,159 | €18,733 | +€3.0m | |
| Income taxes | 67/77 | €20,152 | €5,910 | -€14,242 | -70.7% |
| Profit (loss) for the period | 9904 | -€2,995,311 | €12,824 | +€3.0m | |
| Transfer from tax-exempt reserves | 789 | €660 | €660 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,994,651 | €13,484 | +€3.0m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.