SAAY&CO: 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.
SAAY&CO
Largest movements
- Cash +€21,564
up €21,564 (+894.4%), from €2,411 to €23,975
mainly Other debts (+€21,328) and Trade debts (+€9,524)
- Deferred charges and accrued income -€1,971
no longer reported in 2025 (was €1,971)
- Tangible fixed assets -€1,368
down €1,368 (-39.4%), from €3,471 to €2,103
of which Furniture and vehicles: -€811
- Receivables within one year -€971
down €971 (-1.5%), from €63,240 to €62,269
- Other debts +€21,328
up €21,328 (+60.4%), from €35,292 to €56,620
- Profit (loss) carried forward -€10,774
down €10,774 (-46.5%), from €23,189 to €12,415
- Trade debts +€9,524
up €9,524 (+407.3%), from €2,338 to €11,862
- Tax, wage and social debts -€1,475
down €1,475 (-21.3%), from €6,924 to €5,449
- Accrued charges and deferred income -€1,350
no longer reported in 2025 (was €1,350)
- Financial charges +€54,934
up €54,934 (+3185.1%), from €1,725 to €56,658
- Gross operating margin +€29,101
up €29,101 (+154.6%), from €18,818 to €47,919
- Other operating charges -€869
down €869 (-65.1%), from €1,335 to €466
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 | €71,093 | €88,347 | +€17,254 | +24.3% |
| Fixed assets | 21/28 | €3,471 | €2,103 | -€1,368 | -39.4% |
| Tangible fixed assets | 22/27 | €3,471 | €2,103 | -€1,368 | -39.4% |
| Furniture and vehicles | 24 | €1,547 | €736 | -€811 | -52.4% |
| Other tangible fixed assets | 26 | €1,924 | €1,367 | -€557 | -29.0% |
| Current assets | 29/58 | €67,622 | €86,244 | +€18,622 | +27.5% |
| Amounts receivable within one year | 40/41 | €63,240 | €62,269 | -€971 | -1.5% |
| Trade receivables | 40 | €63,240 | €62,269 | -€971 | -1.5% |
| Cash at bank and in hand | 54/58 | €2,411 | €23,975 | +€21,564 | +894.4% |
| Deferred charges and accrued income | 490/1 | €1,971 | - | -€1,971 | |
| Total equity and liabilities | 10/49 | €71,093 | €88,347 | +€17,254 | +24.3% |
| Equity | 10/15 | €25,189 | €14,415 | -€10,774 | -42.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,189 | €12,415 | -€10,774 | -46.5% |
| Amounts payable | 17/49 | €45,904 | €73,931 | +€28,027 | +61.1% |
| Amounts payable within one year | 42/48 | €44,554 | €73,931 | +€29,377 | +65.9% |
| Trade debts | 44 | €2,338 | €11,862 | +€9,524 | +407.3% |
| Suppliers | 440/4 | €2,338 | €11,862 | +€9,524 | +407.3% |
| Taxes, remuneration and social security | 45 | €6,924 | €5,449 | -€1,475 | -21.3% |
| Taxes | 450/3 | €6,924 | €5,449 | -€1,475 | -21.3% |
| Other amounts payable | 47/48 | €35,292 | €56,620 | +€21,328 | +60.4% |
| Accrued charges and deferred income | 492/3 | €1,350 | - | -€1,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,571 | €1,368 | -€202 | -12.9% |
| Other operating charges | 640/8 | €1,335 | €466 | -€869 | -65.1% |
| Gross operating margin | 9900 | €18,818 | €47,919 | +€29,101 | +154.6% |
| Operating profit (loss) | 9901 | €15,913 | €46,085 | +€30,172 | +189.6% |
| Financial charges | 65/66B | €1,725 | €56,658 | +€54,934 | +3185.1% |
| Recurring financial charges | 65 | €1,725 | €56,658 | +€54,934 | +3185.1% |
| Profit (loss) for the period before taxes | 9903 | €14,188 | -€10,574 | -€24,762 | |
| Income taxes | 67/77 | €195 | €200 | +€5 | +2.5% |
| Profit (loss) for the period | 9904 | €13,993 | -€10,774 | -€24,767 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,993 | -€10,774 | -€24,767 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.