SACAR: 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.
SACAR
Largest movements
- Tangible fixed assets -€9,682
down €9,682 (-1.8%), from €550,630 to €540,948
of which Land and buildings: -€27,656
- Stocks and contracts -€8,517
down €8,517 (-52.7%), from €16,151 to €7,634
- Receivables within one year -€7,177
down €7,177 (-78.1%), from €9,185 to €2,008
of which Other amounts receivable: -€7,117
- Profit (loss) carried forward -€107,323
down €107,323 (-193%), from -€55,704 to -€163,027
- Other debts +€102,618
up €102,618 (+27.3%), from €375,947 to €478,564
- Debts after one year -€16,701
down €16,701 (-8.9%), from €187,001 to €170,300
- Current portion of long-term debt -€7,237
down €7,237 (-30.2%), from €23,938 to €16,701
- Gross operating margin -€94,788
down €94,788, from €82,343 to -€12,445
- Staff costs -€17,425
down €17,425 (-33.3%), from €52,346 to €34,921
- Depreciation -€10,351
down €10,351 (-16.5%), from €62,866 to €52,515
- Financial charges -€1,120
down €1,120 (-17.0%), from €6,577 to €5,457
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.
Derived cash bridge
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 | €589,127 | €562,948 | -€26,180 | -4.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €550,824 | €541,048 | -€9,776 | -1.8% |
| Intangible fixed assets | 21 | €94 | €0 | -€94 | -100% |
| Tangible fixed assets | 22/27 | €550,630 | €540,948 | -€9,682 | -1.8% |
| Land and buildings | 22 | €447,553 | €419,897 | -€27,656 | -6.2% |
| Plant, machinery and equipment | 23 | €63,132 | €43,763 | -€19,369 | -30.7% |
| Furniture and vehicles | 24 | €39,946 | €77,288 | +€37,342 | +93.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €38,303 | €21,900 | -€16,403 | -42.8% |
| Stocks and contracts in progress | 3 | €16,151 | €7,634 | -€8,517 | -52.7% |
| Stocks | 30/36 | €16,151 | €7,634 | -€8,517 | -52.7% |
| Amounts receivable within one year | 40/41 | €9,185 | €2,008 | -€7,177 | -78.1% |
| Trade receivables | 40 | €60 | €0 | -€60 | -100% |
| Other amounts receivable | 41 | €9,125 | €2,008 | -€7,117 | -78.0% |
| Cash at bank and in hand | 54/58 | €10,041 | €8,088 | -€1,953 | -19.5% |
| Deferred charges and accrued income | 490/1 | €2,927 | €4,170 | +€1,244 | +42.5% |
| Total equity and liabilities | 10/49 | €589,127 | €562,948 | -€26,180 | -4.4% |
| Equity | 10/15 | -€19,547 | -€126,870 | -€107,323 | -549% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,557 | €17,557 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €17,557 | €17,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,704 | -€163,027 | -€107,323 | -193% |
| Amounts payable | 17/49 | €608,674 | €689,818 | +€81,144 | +13.3% |
| Amounts payable after more than one year | 17 | €187,001 | €170,300 | -€16,701 | -8.9% |
| Financial debts | 170/4 | €187,001 | €170,300 | -€16,701 | -8.9% |
| Amounts payable within one year | 42/48 | €421,674 | €519,518 | +€97,845 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €23,938 | €16,701 | -€7,237 | -30.2% |
| Trade debts | 44 | €11,704 | €11,080 | -€624 | -5.3% |
| Suppliers | 440/4 | €11,704 | €11,080 | -€624 | -5.3% |
| Taxes, remuneration and social security | 45 | €10,085 | €13,173 | +€3,088 | +30.6% |
| Taxes | 450/3 | €5,129 | €6,259 | +€1,130 | +22.0% |
| Remuneration and social security | 454/9 | €4,956 | €6,914 | +€1,958 | +39.5% |
| Other amounts payable | 47/48 | €375,947 | €478,564 | +€102,618 | +27.3% |
| Non-recurring operating income | 76A | €958 | €112 | -€846 | -88.4% |
| Remuneration, social security and pensions | 62 | €52,346 | €34,921 | -€17,425 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,866 | €52,515 | -€10,351 | -16.5% |
| Other operating charges | 640/8 | €1,712 | €2,024 | +€312 | +18.2% |
| Gross operating margin | 9900 | €82,343 | -€12,445 | -€94,788 | |
| Operating profit (loss) | 9901 | -€34,581 | -€101,906 | -€67,324 | -195% |
| Financial income | 75/76B | €255 | €199 | -€56 | -21.9% |
| Recurring financial income | 75 | €255 | €199 | -€56 | -21.9% |
| Financial charges | 65/66B | €6,577 | €5,457 | -€1,120 | -17.0% |
| Recurring financial charges | 65 | €6,577 | €5,457 | -€1,120 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€40,904 | -€107,164 | -€66,260 | -162% |
| Income taxes | 67/77 | €328 | €159 | -€169 | -51.4% |
| Profit (loss) for the period | 9904 | -€41,232 | -€107,323 | -€66,091 | -160% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,232 | -€107,323 | -€66,091 | -160% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.