SACHA: 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.
What changed
SACHA
NACE 43.310, Plastering work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,947
2024 · -€20,370+€47,317
Equity
€189,125
2024 · €162,178+€26,947
Cash
€5,417
2024 · €5,629-€212
Balance sheet total
€429,392
2024 · €465,027-€35,635
Largest movements
Assets
- Tangible fixed assets -€34,878
down €34,878 (-8.9%), from €391,824 to €356,946
of which Land and buildings: -€22,250
- Receivables within one year +€15,816
up €15,816 (+48.3%), from €32,724 to €48,540
of which Trade receivables: +€12,496
- Stocks and contracts -€13,750
down €13,750 (-85.9%), from €16,000 to €2,250
of which Contracts in progress: -€12,000
Equity and liabilities
- Trade debts -€37,270
down €37,270 (-52.6%), from €70,835 to €33,564
- Profit (loss) carried forward +€28,128
up €28,128 (+39.5%), from €71,226 to €99,355
- Debts after one year -€19,789
down €19,789 (-28.1%), from €70,298 to €50,509
- Current portion of long-term debt -€9,079
down €9,079 (-31.4%), from €28,868 to €19,789
Income statement
- Staff costs -€56,100
down €56,100 (-16.3%), from €345,171 to €289,071
- Gross operating margin -€25,511
down €25,511 (-6.3%), from €407,176 to €381,665
- Financial charges -€20,893
down €20,893 (-68.1%), from €30,662 to €9,769
of which Financial charges: -€22,091
- Taxes +€8,371
up €8,371 (+1027.7%), from €815 to €9,186
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.
Result 2024
-€20,370
Gross operating margin
-€25,511
Staff costs
+€56,100
Depreciation
+€3,835
Write-downs
+€810
Other operating charges
-€122
Other operating items
-€3,158
Financial income
+€2,841
Financial charges
+€20,893
Taxes
-€8,371
Result 2025
€26,947
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.
From operations
+€34,973
Investment
-€6,317
Financing
-€28,868
Cash 2024
€5,629
From operations (derived)
+€34,973
Net result for the year
+€26,947
Depreciation
+€41,195
Stocks and contracts
+€13,750
Receivables within one year
-€15,816
Deferred charges and accrued income
+€2,612
Provisions
-€769
Trade debts
-€37,270
Tax, wage and social debts
+€2,679
Other debts
+€1,501
Accrued charges and deferred income
+€146
Investment (derived)
-€6,317
Investment in fixed assets (net)
-€6,317
Financing
-€28,868
Debts after one year
-€19,789
Current portion of long-term debt
-€9,079
Cash 2025
€5,417
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,027 | €429,392 | -€35,635 | -7.7% |
| Fixed assets | 21/28 | €399,290 | €364,412 | -€34,878 | -8.7% |
| Tangible fixed assets | 22/27 | €391,824 | €356,946 | -€34,878 | -8.9% |
| Land and buildings | 22 | €368,200 | €345,950 | -€22,250 | -6.0% |
| Furniture and vehicles | 24 | €880 | €488 | -€393 | -44.6% |
| Leasing and similar rights | 25 | €22,744 | €10,508 | -€12,236 | -53.8% |
| Financial fixed assets | 28 | €7,466 | €7,466 | = | 0.0% |
| Current assets | 29/58 | €65,738 | €64,981 | -€757 | -1.2% |
| Stocks and contracts in progress | 3 | €16,000 | €2,250 | -€13,750 | -85.9% |
| Stocks | 30/36 | €4,000 | €2,250 | -€1,750 | -43.8% |
| Contracts in progress | 37 | €12,000 | - | -€12,000 | |
| Amounts receivable within one year | 40/41 | €32,724 | €48,540 | +€15,816 | +48.3% |
| Trade receivables | 40 | €25,524 | €38,021 | +€12,496 | +49.0% |
| Other amounts receivable | 41 | €7,199 | €10,519 | +€3,320 | +46.1% |
| Cash at bank and in hand | 54/58 | €5,629 | €5,417 | -€212 | -3.8% |
| Deferred charges and accrued income | 490/1 | €11,386 | €8,774 | -€2,612 | -22.9% |
| Total equity and liabilities | 10/49 | €465,027 | €429,392 | -€35,635 | -7.7% |
| Equity | 10/15 | €162,178 | €189,125 | +€26,947 | +16.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €25,952 | €24,770 | -€1,182 | -4.6% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,452 | €8,270 | -€1,182 | -12.5% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,226 | €99,355 | +€28,128 | +39.5% |
| Provisions and deferred taxes | 16 | €6,156 | €5,386 | -€769 | -12.5% |
| Deferred taxes | 168 | €6,156 | €5,386 | -€769 | -12.5% |
| Amounts payable | 17/49 | €296,693 | €234,881 | -€61,812 | -20.8% |
| Amounts payable after more than one year | 17 | €70,298 | €50,509 | -€19,789 | -28.1% |
| Financial debts | 170/4 | €70,298 | €50,509 | -€19,789 | -28.1% |
| Amounts payable within one year | 42/48 | €226,395 | €184,226 | -€42,170 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €28,868 | €19,789 | -€9,079 | -31.4% |
| Financial debts | 43 | €10,000 | €10,000 | = | 0.0% |
| Credit institutions | 430/8 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €70,835 | €33,564 | -€37,270 | -52.6% |
| Suppliers | 440/4 | €70,835 | €33,564 | -€37,270 | -52.6% |
| Taxes, remuneration and social security | 45 | €102,004 | €104,683 | +€2,679 | +2.6% |
| Taxes | 450/3 | €6,224 | €10,917 | +€4,693 | +75.4% |
| Remuneration and social security | 454/9 | €95,780 | €93,766 | -€2,014 | -2.1% |
| Other amounts payable | 47/48 | €14,689 | €16,190 | +€1,501 | +10.2% |
| Accrued charges and deferred income | 492/3 | - | €146 | +€146 | |
| Remuneration, social security and pensions | 62 | €345,171 | €289,071 | -€56,100 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,030 | €41,195 | -€3,835 | -8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €810 | - | -€810 | |
| Other operating charges | 640/8 | €5,828 | €5,950 | +€122 | +2.1% |
| Non-recurring operating charges | 66A | - | €3,158 | +€3,158 | |
| Gross operating margin | 9900 | €407,176 | €381,665 | -€25,511 | -6.3% |
| Operating profit (loss) | 9901 | €10,337 | €42,291 | +€31,954 | +309.1% |
| Financial income | 75/76B | €0 | €2,842 | +€2,841 | +1775925.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -62.5% |
| Non-recurring financial income | 76B | - | €2,842 | +€2,842 | |
| Financial charges | 65/66B | €30,662 | €9,769 | -€20,893 | -68.1% |
| Recurring financial charges | 65 | €30,662 | €8,571 | -€22,091 | -72.0% |
| Non-recurring financial charges | 66B | - | €1,199 | +€1,199 | |
| Profit (loss) for the period before taxes | 9903 | -€20,325 | €35,363 | +€55,688 | |
| Transfer from deferred taxes | 780 | €769 | €769 | = | 0.0% |
| Income taxes | 67/77 | €815 | €9,186 | +€8,371 | +1027.7% |
| Profit (loss) for the period | 9904 | -€20,370 | €26,947 | +€47,317 | |
| Transfer from tax-exempt reserves | 789 | €1,182 | €1,182 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,188 | €28,128 | +€47,317 |
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 3 October 2026 via checked.be.