SACREA: 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.
SACREA
Largest movements
- Stocks and contracts +€5,991
up €5,991 (+13.2%), from €45,553 to €51,544
- Tangible fixed assets -€4,939
down €4,939 (-15.8%), from €31,341 to €26,403
of which Furniture and vehicles: -€4,783
- Intangible fixed assets -€1,111
down €1,111 (-15.2%), from €7,317 to €6,205
- Cash +€1,000
up €1,000 (+26.9%), from €3,724 to €4,725
mainly Other debts (+€14,922) and Depreciation (+€8,830)
- Other debts +€14,922
up €14,922 (+113.8%), from €13,112 to €28,034
- Profit (loss) carried forward -€11,867
down €11,867 (-212.7%), from -€5,580 to -€17,447
- Trade debts -€3,867
down €3,867 (-8.2%), from €47,080 to €43,213
- Tax, wage and social debts +€2,013
up €2,013 (+717.8%), from €280 to €2,294
of which Taxes: +€2,013
- Current portion of long-term debt +€1,790
up €1,790 (+23.3%), from €7,674 to €9,464
- Gross operating margin -€18,141
down €18,141, from €17,999 to -€142
- Depreciation +€2,921
up €2,921 (+49.4%), from €5,909 to €8,830
- Financial charges -€1,212
down €1,212 (-52.7%), from €2,301 to €1,089
- Other operating charges +€722
up €722 (+80.2%), from €900 to €1,622
- Financial income -€296
down €296 (-93.6%), from €317 to €20
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,149 | €92,796 | +€1,646 | +1.8% |
| Fixed assets | 21/28 | €38,936 | €32,886 | -€6,050 | -15.5% |
| Intangible fixed assets | 21 | €7,317 | €6,205 | -€1,111 | -15.2% |
| Tangible fixed assets | 22/27 | €31,341 | €26,403 | -€4,939 | -15.8% |
| Furniture and vehicles | 24 | €30,313 | €25,530 | -€4,783 | -15.8% |
| Other tangible fixed assets | 26 | €1,029 | €873 | -€156 | -15.1% |
| Financial fixed assets | 28 | €278 | €278 | = | 0.0% |
| Current assets | 29/58 | €52,214 | €59,910 | +€7,696 | +14.7% |
| Stocks and contracts in progress | 3 | €45,553 | €51,544 | +€5,991 | +13.2% |
| Stocks | 30/36 | €45,553 | €51,544 | +€5,991 | +13.2% |
| Amounts receivable within one year | 40/41 | €2,937 | €3,641 | +€705 | +24.0% |
| Trade receivables | 40 | €0 | €1,973 | +€1,973 | |
| Other amounts receivable | 41 | €2,937 | €1,668 | -€1,269 | -43.2% |
| Cash at bank and in hand | 54/58 | €3,724 | €4,725 | +€1,000 | +26.9% |
| Total equity and liabilities | 10/49 | €91,149 | €92,796 | +€1,646 | +1.8% |
| Equity | 10/15 | -€580 | -€12,447 | -€11,867 | -2045.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,580 | -€17,447 | -€11,867 | -212.7% |
| Amounts payable | 17/49 | €91,730 | €105,243 | +€13,513 | +14.7% |
| Amounts payable after more than one year | 17 | €23,583 | €22,238 | -€1,346 | -5.7% |
| Financial debts | 170/4 | €23,583 | €22,238 | -€1,346 | -5.7% |
| Amounts payable within one year | 42/48 | €68,147 | €83,005 | +€14,858 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €7,674 | €9,464 | +€1,790 | +23.3% |
| Trade debts | 44 | €47,080 | €43,213 | -€3,867 | -8.2% |
| Suppliers | 440/4 | €47,080 | €43,213 | -€3,867 | -8.2% |
| Taxes, remuneration and social security | 45 | €280 | €2,294 | +€2,013 | +717.8% |
| Taxes | 450/3 | €148 | €2,162 | +€2,013 | +1355.9% |
| Remuneration and social security | 454/9 | €132 | €132 | = | 0.0% |
| Other amounts payable | 47/48 | €13,112 | €28,034 | +€14,922 | +113.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €138 | - | -€138 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,909 | €8,830 | +€2,921 | +49.4% |
| Other operating charges | 640/8 | €900 | €1,622 | +€722 | +80.2% |
| Gross operating margin | 9900 | €17,999 | -€142 | -€18,141 | |
| Operating profit (loss) | 9901 | €11,051 | -€10,595 | -€21,646 | |
| Financial income | 75/76B | €317 | €20 | -€296 | -93.6% |
| Recurring financial income | 75 | €317 | €20 | -€296 | -93.6% |
| Financial charges | 65/66B | €2,301 | €1,089 | -€1,212 | -52.7% |
| Recurring financial charges | 65 | €2,301 | €1,089 | -€1,212 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | €9,067 | -€11,664 | -€20,730 | |
| Income taxes | 67/77 | €148 | €203 | +€55 | +36.8% |
| Profit (loss) for the period | 9904 | €8,918 | -€11,867 | -€20,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,918 | -€11,867 | -€20,785 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.