SACHAAN: 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.
SACHAAN
Largest movements
- Tangible fixed assets -€63,559
down €63,559 (-7.8%), from €810,286 to €746,728
of which Land and buildings: -€46,335
- Receivables within one year +€42,813
up €42,813 (+16.0%), from €267,148 to €309,960
of which Other amounts receivable: +€36,860
- Cash +€21,747
up €21,747 (+43.5%), from €49,965 to €71,712
mainly Depreciation (+€71,482) and Net result for the year (+€45,291)
- Debts after one year -€52,837
down €52,837 (-11.4%), from €461,508 to €408,671
- Profit (loss) carried forward +€46,644
up €46,644 (+22.4%), from €207,938 to €254,582
- Tax, wage and social debts +€21,765
up €21,765 (+548%), from €3,973 to €25,738
of which Taxes: +€21,765
- Depreciation +€15,591
up €15,591 (+27.9%), from €55,891 to €71,482
- Gross operating margin +€10,432
up €10,432 (+7.2%), from €145,299 to €155,731
- Financial charges +€4,001
up €4,001 (+43.2%), from €9,261 to €13,262
- Other operating charges +€3,003
up €3,003 (+69.3%), from €4,335 to €7,338
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 | €1,128,399 | €1,129,400 | +€1,001 | +0.1% |
| Fixed assets | 21/28 | €810,286 | €746,728 | -€63,559 | -7.8% |
| Tangible fixed assets | 22/27 | €810,286 | €746,728 | -€63,559 | -7.8% |
| Land and buildings | 22 | €723,848 | €677,513 | -€46,335 | -6.4% |
| Plant, machinery and equipment | 23 | €14,966 | €9,055 | -€5,910 | -39.5% |
| Furniture and vehicles | 24 | €71,473 | €53,925 | -€17,547 | -24.6% |
| Assets under construction and advance payments | 27 | - | €6,234 | +€6,234 | |
| Current assets | 29/58 | €318,113 | €382,672 | +€64,560 | +20.3% |
| Amounts receivable after more than one year | 29 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €267,148 | €309,960 | +€42,813 | +16.0% |
| Trade receivables | 40 | €20,818 | €26,770 | +€5,952 | +28.6% |
| Other amounts receivable | 41 | €246,330 | €283,190 | +€36,860 | +15.0% |
| Cash at bank and in hand | 54/58 | €49,965 | €71,712 | +€21,747 | +43.5% |
| Total equity and liabilities | 10/49 | €1,128,399 | €1,129,400 | +€1,001 | +0.1% |
| Equity | 10/15 | €383,269 | €428,560 | +€45,291 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,731 | €155,378 | -€1,353 | -0.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,871 | €33,518 | -€1,353 | -3.9% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,938 | €254,582 | +€46,644 | +22.4% |
| Provisions and deferred taxes | 16 | €11,593 | €11,142 | -€451 | -3.9% |
| Deferred taxes | 168 | €11,593 | €11,142 | -€451 | -3.9% |
| Amounts payable | 17/49 | €733,537 | €689,698 | -€43,839 | -6.0% |
| Amounts payable after more than one year | 17 | €461,508 | €408,671 | -€52,837 | -11.4% |
| Financial debts | 170/4 | €461,508 | €408,671 | -€52,837 | -11.4% |
| Amounts payable within one year | 42/48 | €272,029 | €281,027 | +€8,998 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €48,784 | €51,779 | +€2,995 | +6.1% |
| Trade debts | 44 | €28,559 | €18,487 | -€10,072 | -35.3% |
| Suppliers | 440/4 | €28,559 | €18,487 | -€10,072 | -35.3% |
| Advances received on contracts in progress | 46 | €7,458 | €7,458 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,973 | €25,738 | +€21,765 | +548% |
| Taxes | 450/3 | €3,740 | €25,505 | +€21,765 | +582% |
| Remuneration and social security | 454/9 | €233 | €233 | = | 0.0% |
| Other amounts payable | 47/48 | €183,256 | €177,565 | -€5,691 | -3.1% |
| Remuneration, social security and pensions | 62 | - | €69 | +€69 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,891 | €71,482 | +€15,591 | +27.9% |
| Other operating charges | 640/8 | €4,335 | €7,338 | +€3,003 | +69.3% |
| Gross operating margin | 9900 | €145,299 | €155,731 | +€10,432 | +7.2% |
| Operating profit (loss) | 9901 | €85,073 | €76,842 | -€8,231 | -9.7% |
| Financial charges | 65/66B | €9,261 | €13,262 | +€4,001 | +43.2% |
| Recurring financial charges | 65 | €9,261 | €13,262 | +€4,001 | +43.2% |
| Profit (loss) for the period before taxes | 9903 | €75,812 | €63,580 | -€12,232 | -16.1% |
| Transfer from deferred taxes | 780 | €451 | €451 | = | 0.0% |
| Income taxes | 67/77 | €18,826 | €18,740 | -€85 | -0.5% |
| Profit (loss) for the period | 9904 | €57,438 | €45,291 | -€12,147 | -21.1% |
| Transfer from tax-exempt reserves | 789 | €1,353 | €1,353 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,791 | €46,644 | -€12,147 | -20.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.