Sachaba: 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.
Sachaba
Largest movements
- Receivables within one year -€141,851
down €141,851 (-64.5%), from €219,990 to €78,139
of which Trade receivables: -€122,743
- Stocks and contracts -€135,940
no longer reported in 2025 (was €135,940)
- Tangible fixed assets -€115,848
down €115,848 (-8.6%), from €1.4m to €1.2m
- Cash -€26,774
no longer reported in 2025 (was €26,774)
mainly Contributions, distributions and other (-€285,146) and Debts after one year (-€96,722)
- Reserves -€230,334
down €230,334 (-65.5%), from €351,652 to €121,318
- Other debts +€122,737
up €122,737 (+138.3%), from €88,721 to €211,458
- Debts after one year -€96,722
down €96,722 (-9.8%), from €983,961 to €887,239
- Trade debts -€81,177
no longer reported in 2025 (was €81,177)
- Advances received -€51,525
no longer reported in 2025 (was €51,525)
- Staff costs -€163,187
down €163,187 (-59.5%), from €274,113 to €110,926
- Gross operating margin -€152,590
down €152,590 (-37.1%), from €410,803 to €258,213
- Write-downs -€18,854
no longer reported in 2025 (was €18,854)
- Depreciation +€7,134
up €7,134 (+8.5%), from €83,807 to €90,941
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 | €1,750,333 | €1,314,775 | -€435,558 | -24.9% |
| Fixed assets | 21/28 | €1,366,582 | €1,236,636 | -€129,947 | -9.5% |
| Intangible fixed assets | 21 | €14,099 | - | -€14,099 | |
| Tangible fixed assets | 22/27 | €1,352,483 | €1,236,636 | -€115,848 | -8.6% |
| Land and buildings | 22 | €1,187,525 | €1,140,447 | -€47,078 | -4.0% |
| Plant, machinery and equipment | 23 | €53,308 | €16,452 | -€36,856 | -69.1% |
| Furniture and vehicles | 24 | €111,601 | €79,704 | -€31,897 | -28.6% |
| Other tangible fixed assets | 26 | €50 | €34 | -€17 | -33.4% |
| Current assets | 29/58 | €383,750 | €78,139 | -€305,611 | -79.6% |
| Stocks and contracts in progress | 3 | €135,940 | - | -€135,940 | |
| Stocks | 30/36 | €135,940 | - | -€135,940 | |
| Amounts receivable within one year | 40/41 | €219,990 | €78,139 | -€141,851 | -64.5% |
| Trade receivables | 40 | €197,743 | €75,000 | -€122,743 | -62.1% |
| Other amounts receivable | 41 | €22,247 | €3,139 | -€19,108 | -85.9% |
| Cash at bank and in hand | 54/58 | €26,774 | - | -€26,774 | |
| Deferred charges and accrued income | 490/1 | €1,046 | - | -€1,046 | |
| Total equity and liabilities | 10/49 | €1,750,333 | €1,314,775 | -€435,558 | -24.9% |
| Equity | 10/15 | €397,571 | €135,457 | -€262,114 | -65.9% |
| Contributions | 10/11 | €50,000 | €14,139 | -€35,861 | -71.7% |
| Reserves | 13 | €351,652 | €121,318 | -€230,334 | -65.5% |
| Distributable reserves | 133 | €351,652 | €121,318 | -€230,334 | -65.5% |
| Profit (loss) carried forward | 14 | -€4,081 | - | +€4,081 | |
| Amounts payable | 17/49 | €1,352,762 | €1,179,319 | -€173,444 | -12.8% |
| Amounts payable after more than one year | 17 | €983,961 | €887,239 | -€96,722 | -9.8% |
| Financial debts | 170/4 | €983,961 | €887,239 | -€96,722 | -9.8% |
| Amounts payable within one year | 42/48 | €344,976 | €292,080 | -€52,896 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €90,680 | €79,288 | -€11,392 | -12.6% |
| Trade debts | 44 | €81,177 | - | -€81,177 | |
| Suppliers | 440/4 | €81,177 | - | -€81,177 | |
| Advances received on contracts in progress | 46 | €51,525 | - | -€51,525 | |
| Taxes, remuneration and social security | 45 | €32,872 | €1,334 | -€31,539 | -95.9% |
| Taxes | 450/3 | €8,354 | €1,334 | -€7,020 | -84.0% |
| Remuneration and social security | 454/9 | €24,519 | - | -€24,519 | |
| Other amounts payable | 47/48 | €88,721 | €211,458 | +€122,737 | +138.3% |
| Accrued charges and deferred income | 492/3 | €23,826 | - | -€23,826 | |
| Remuneration, social security and pensions | 62 | €274,113 | €110,926 | -€163,187 | -59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,807 | €90,941 | +€7,134 | +8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,854 | - | -€18,854 | |
| Other operating charges | 640/8 | €8,285 | €8,919 | +€633 | +7.6% |
| Gross operating margin | 9900 | €410,803 | €258,213 | -€152,590 | -37.1% |
| Operating profit (loss) | 9901 | €25,743 | €47,426 | +€21,684 | +84.2% |
| Financial income | 75/76B | €2,605 | €1,959 | -€645 | -24.8% |
| Recurring financial income | 75 | €2,605 | €1,959 | -€645 | -24.8% |
| Financial charges | 65/66B | €16,074 | €17,493 | +€1,419 | +8.8% |
| Recurring financial charges | 65 | €16,074 | €17,493 | +€1,419 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €12,273 | €31,893 | +€19,620 | +159.9% |
| Income taxes | 67/77 | €4,928 | €8,861 | +€3,932 | +79.8% |
| Profit (loss) for the period | 9904 | €7,345 | €23,032 | +€15,687 | +213.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,345 | €23,032 | +€15,687 | +213.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.