SACHKO: 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.
SACHKO
Largest movements
- Stocks and contracts +€8,419
up €8,419 (+91.4%), from €9,209 to €17,628
- Receivables within one year -€7,205
down €7,205 (-85.9%), from €8,391 to €1,186
of which Other amounts receivable: -€7,205
- Cash -€6,190
down €6,190 (-6.0%), from €103,346 to €97,156
mainly Contributions, distributions and other (-€16,240) and Net result for the year (-€14,344)
- Deferred charges and accrued income -€4,417
no longer reported in 2025 (was €4,417)
- Tangible fixed assets -€3,513
down €3,513 (-61.4%), from €5,726 to €2,213
of which Furniture and vehicles: -€2,849
- Reserves -€16,240
down €16,240 (-32.0%), from €50,791 to €34,551
- Profit (loss) carried forward -€14,344
down €14,344, from €9,081 to -€5,264
- Other debts +€13,661
up €13,661 (+273.2%), from €5,000 to €18,661
- Current portion of long-term debt +€4,064
new in 2025: €4,064
- Gross operating margin -€27,677
down €27,677 (-60.1%), from €46,086 to €18,409
- Staff costs -€5,572
down €5,572 (-18.4%), from €30,275 to €24,703
- Taxes -€4,238
down €4,238 (-92.8%), from €4,567 to €330
- Financial charges -€1,461
down €1,461 (-28.6%), from €5,104 to €3,643
of which Non-recurring financial charges: -€3,000
- Other operating charges +€609
up €609 (+57.8%), from €1,054 to €1,663
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 | €133,277 | €120,371 | -€12,906 | -9.7% |
| Fixed assets | 21/28 | €7,914 | €4,401 | -€3,513 | -44.4% |
| Tangible fixed assets | 22/27 | €5,726 | €2,213 | -€3,513 | -61.4% |
| Furniture and vehicles | 24 | €3,549 | €700 | -€2,849 | -80.3% |
| Other tangible fixed assets | 26 | €2,177 | €1,513 | -€664 | -30.5% |
| Financial fixed assets | 28 | €2,188 | €2,188 | = | 0.0% |
| Current assets | 29/58 | €125,362 | €115,970 | -€9,392 | -7.5% |
| Stocks and contracts in progress | 3 | €9,209 | €17,628 | +€8,419 | +91.4% |
| Stocks | 30/36 | €9,209 | €17,628 | +€8,419 | +91.4% |
| Amounts receivable within one year | 40/41 | €8,391 | €1,186 | -€7,205 | -85.9% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €8,391 | €1,186 | -€7,205 | -85.9% |
| Cash at bank and in hand | 54/58 | €103,346 | €97,156 | -€6,190 | -6.0% |
| Deferred charges and accrued income | 490/1 | €4,417 | - | -€4,417 | |
| Total equity and liabilities | 10/49 | €133,277 | €120,371 | -€12,906 | -9.7% |
| Equity | 10/15 | €80,323 | €49,739 | -€30,584 | -38.1% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €50,791 | €34,551 | -€16,240 | -32.0% |
| Distributable reserves | 133 | €50,791 | €34,551 | -€16,240 | -32.0% |
| Profit (loss) carried forward | 14 | €9,081 | -€5,264 | -€14,344 | |
| Amounts payable | 17/49 | €52,953 | €70,632 | +€17,679 | +33.4% |
| Amounts payable within one year | 42/48 | €52,953 | €70,632 | +€17,679 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,064 | +€4,064 | |
| Trade debts | 44 | €26,640 | €27,741 | +€1,101 | +4.1% |
| Suppliers | 440/4 | €26,640 | €27,741 | +€1,101 | +4.1% |
| Taxes, remuneration and social security | 45 | €21,313 | €20,166 | -€1,147 | -5.4% |
| Taxes | 450/3 | €13,314 | €13,901 | +€588 | +4.4% |
| Remuneration and social security | 454/9 | €7,999 | €6,265 | -€1,734 | -21.7% |
| Other amounts payable | 47/48 | €5,000 | €18,661 | +€13,661 | +273.2% |
| Remuneration, social security and pensions | 62 | €30,275 | €24,703 | -€5,572 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,847 | €3,513 | -€334 | -8.7% |
| Other operating charges | 640/8 | €1,054 | €1,663 | +€609 | +57.8% |
| Gross operating margin | 9900 | €46,086 | €18,409 | -€27,677 | -60.1% |
| Operating profit (loss) | 9901 | €10,910 | -€11,470 | -€22,380 | |
| Financial income | 75/76B | €1,679 | €1,099 | -€580 | -34.5% |
| Recurring financial income | 75 | €1,679 | €1,099 | -€580 | -34.5% |
| Financial charges | 65/66B | €5,104 | €3,643 | -€1,461 | -28.6% |
| Recurring financial charges | 65 | €2,104 | €3,643 | +€1,539 | +73.2% |
| Non-recurring financial charges | 66B | €3,000 | - | -€3,000 | |
| Profit (loss) for the period before taxes | 9903 | €7,484 | -€14,015 | -€21,499 | |
| Income taxes | 67/77 | €4,567 | €330 | -€4,238 | -92.8% |
| Profit (loss) for the period | 9904 | €2,917 | -€14,344 | -€17,262 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,917 | -€14,344 | -€17,262 |
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.