SACOLIM: 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.
SACOLIM
Largest movements
- Financial fixed assets -€400,000
down €400,000 (-31.5%), from €1.3m to €869,000
- Cash +€254,518
up €254,518 (+2,321%), from €10,964 to €265,482
mainly Investment in fixed assets (net) (+€400,000) and Depreciation (+€108,724)
- Tangible fixed assets -€108,724
down €108,724 (-4.1%), from €2.6m to €2.5m
of which Land and buildings: -€77,685
- Debts after one year -€153,593
down €153,593 (-10.2%), from €1.5m to €1.4m
- Reserves -€151,407
down €151,407 (-15.9%), from €953,171 to €801,764
of which Distributable reserves: -€130,100
- Other debts +€95,790
up €95,790 (+26.5%), from €361,520 to €457,309
- Gross operating margin +€54,309
up €54,309 (+26.5%), from €205,230 to €259,539
- Taxes +€18,944
up €18,944 (+59.1%), from €32,038 to €50,982
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 | €3,993,937 | €3,725,575 | -€268,362 | -6.7% |
| Fixed assets | 21/28 | €3,905,190 | €3,396,465 | -€508,724 | -13.0% |
| Tangible fixed assets | 22/27 | €2,636,190 | €2,527,465 | -€108,724 | -4.1% |
| Land and buildings | 22 | €2,512,501 | €2,434,816 | -€77,685 | -3.1% |
| Plant, machinery and equipment | 23 | €7,564 | €6,556 | -€1,008 | -13.3% |
| Furniture and vehicles | 24 | €116,124 | €86,093 | -€30,031 | -25.9% |
| Financial fixed assets | 28 | €1,269,000 | €869,000 | -€400,000 | -31.5% |
| Current assets | 29/58 | €88,747 | €329,109 | +€240,362 | +271% |
| Amounts receivable within one year | 40/41 | €51,615 | €51,615 | = | 0.0% |
| Other amounts receivable | 41 | €51,615 | €51,615 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,964 | €265,482 | +€254,518 | +2,321% |
| Deferred charges and accrued income | 490/1 | €26,168 | €12,012 | -€14,156 | -54.1% |
| Total equity and liabilities | 10/49 | €3,993,937 | €3,725,575 | -€268,362 | -6.7% |
| Equity | 10/15 | €1,543,366 | €1,392,054 | -€151,312 | -9.8% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €953,171 | €801,764 | -€151,407 | -15.9% |
| Tax-exempt reserves | 132 | €295,871 | €274,564 | -€21,307 | -7.2% |
| Distributable reserves | 133 | €657,300 | €527,200 | -€130,100 | -19.8% |
| Profit (loss) carried forward | 14 | -€109,805 | -€109,709 | +€95 | +0.1% |
| Provisions and deferred taxes | 16 | €152,418 | €141,442 | -€10,976 | -7.2% |
| Deferred taxes | 168 | €152,418 | €141,442 | -€10,976 | -7.2% |
| Amounts payable | 17/49 | €2,298,152 | €2,192,078 | -€106,074 | -4.6% |
| Amounts payable after more than one year | 17 | €1,505,534 | €1,351,941 | -€153,593 | -10.2% |
| Financial debts | 170/4 | €1,505,534 | €1,351,941 | -€153,593 | -10.2% |
| Amounts payable within one year | 42/48 | €580,252 | €649,189 | +€68,937 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €167,584 | €162,012 | -€5,572 | -3.3% |
| Trade debts | 44 | €1,052 | €1,197 | +€145 | +13.8% |
| Suppliers | 440/4 | €1,052 | €1,197 | +€145 | +13.8% |
| Taxes, remuneration and social security | 45 | €50,097 | €28,671 | -€21,426 | -42.8% |
| Taxes | 450/3 | €47,697 | €26,271 | -€21,426 | -44.9% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €361,520 | €457,309 | +€95,790 | +26.5% |
| Accrued charges and deferred income | 492/3 | €212,365 | €190,948 | -€21,418 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,751 | €108,724 | -€26 | 0.0% |
| Other operating charges | 640/8 | €10,013 | €10,324 | +€311 | +3.1% |
| Gross operating margin | 9900 | €205,230 | €259,539 | +€54,309 | +26.5% |
| Operating profit (loss) | 9901 | €86,466 | €140,491 | +€54,025 | +62.5% |
| Financial income | 75/76B | €13,298 | €11,447 | -€1,851 | -13.9% |
| Recurring financial income | 75 | €13,298 | €11,447 | -€1,851 | -13.9% |
| Financial charges | 65/66B | €33,688 | €33,244 | -€444 | -1.3% |
| Recurring financial charges | 65 | €33,688 | €33,244 | -€444 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €66,076 | €118,694 | +€52,618 | +79.6% |
| Transfer from deferred taxes | 780 | €10,976 | €10,976 | = | 0.0% |
| Income taxes | 67/77 | €32,038 | €50,982 | +€18,944 | +59.1% |
| Profit (loss) for the period | 9904 | €45,014 | €78,688 | +€33,674 | +74.8% |
| Transfer from tax-exempt reserves | 789 | €21,307 | €21,307 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,321 | €99,995 | +€33,674 | +50.8% |
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 29 October 2026 via checked.be.