SACO IMMO: 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.
SACO IMMO
Largest movements
- Cash +€87,125
up €87,125 (+294%), from €29,652 to €116,777
mainly Current investments (+€80,000) and Net result for the year (+€45,246)
- Current investments -€80,000
down €80,000 (-100%), from €80,000 to €0
- Receivables within one year +€30,768
up €30,768 (+7,712%), from €399 to €31,167
of which Trade receivables: +€30,855
- Reserves +€35,246
up €35,246 (+40.2%), from €87,630 to €122,877
- Other debts +€1,753
up €1,753 (+18.3%), from €9,577 to €11,330
- Gross operating margin +€18,477
up €18,477 (+48.4%), from €38,167 to €56,644
- Taxes +€3,911
up €3,911 (+52.8%), from €7,401 to €11,312
- Financial income +€1,080
new in 2025: €1,080
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 | €110,051 | €147,944 | +€37,893 | +34.4% |
| Current assets | 29/58 | €110,051 | €147,944 | +€37,893 | +34.4% |
| Amounts receivable within one year | 40/41 | €399 | €31,167 | +€30,768 | +7,712% |
| Trade receivables | 40 | €0 | €30,855 | +€30,855 | |
| Other amounts receivable | 41 | €399 | €312 | -€87 | -21.7% |
| Current investments | 50/53 | €80,000 | €0 | -€80,000 | -100% |
| Cash at bank and in hand | 54/58 | €29,652 | €116,777 | +€87,125 | +294% |
| Total equity and liabilities | 10/49 | €110,051 | €147,944 | +€37,893 | +34.4% |
| Equity | 10/15 | €92,630 | €127,877 | +€35,246 | +38.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €87,630 | €122,877 | +€35,246 | +40.2% |
| Distributable reserves | 133 | €87,630 | €122,877 | +€35,246 | +40.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €17,421 | €20,068 | +€2,647 | +15.2% |
| Amounts payable within one year | 42/48 | €17,421 | €20,068 | +€2,647 | +15.2% |
| Trade debts | 44 | €206 | €0 | -€206 | -100% |
| Suppliers | 440/4 | €206 | €0 | -€206 | -100% |
| Taxes, remuneration and social security | 45 | €7,638 | €8,738 | +€1,100 | +14.4% |
| Taxes | 450/3 | €7,638 | €8,738 | +€1,100 | +14.4% |
| Other amounts payable | 47/48 | €9,577 | €11,330 | +€1,753 | +18.3% |
| Other operating charges | 640/8 | €672 | €693 | +€21 | +3.2% |
| Gross operating margin | 9900 | €38,167 | €56,644 | +€18,477 | +48.4% |
| Operating profit (loss) | 9901 | €37,495 | €55,950 | +€18,456 | +49.2% |
| Financial income | 75/76B | - | €1,080 | +€1,080 | |
| Recurring financial income | 75 | - | €1,080 | +€1,080 | |
| Financial charges | 65/66B | €490 | €473 | -€17 | -3.5% |
| Recurring financial charges | 65 | €490 | €473 | -€17 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €37,005 | €56,558 | +€19,553 | +52.8% |
| Income taxes | 67/77 | €7,401 | €11,312 | +€3,911 | +52.8% |
| Profit (loss) for the period | 9904 | €29,604 | €45,246 | +€15,642 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,604 | €45,246 | +€15,642 | +52.8% |
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 27 October 2026 via checked.be.