SADAY: 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.
SADAY
Largest movements
- Cash +€17,155
up €17,155 (+53.7%), from €31,954 to €49,109
mainly Receivables within one year (+€12,913) and Net result for the year (+€12,055)
- Receivables within one year -€12,913
down €12,913 (-27.9%), from €46,333 to €33,420
of which Trade receivables: -€13,071
- Tangible fixed assets +€11,221
up €11,221 (+683.5%), from €1,642 to €12,863
- Profit (loss) carried forward +€12,055
up €12,055 (+27.0%), from €44,678 to €56,732
- Trade debts +€3,713
up €3,713 (+29.7%), from €12,491 to €16,204
- Gross operating margin +€37,463
up €37,463 (+193.6%), from €19,349 to €56,812
- Taxes +€19,755
new in 2024: €19,755
- Staff costs -€10,929
no longer reported in 2024 (was €10,929)
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 | €80,541 | €96,005 | +€15,464 | +19.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,642 | €12,863 | +€11,221 | +683.5% |
| Tangible fixed assets | 22/27 | €1,642 | €12,863 | +€11,221 | +683.5% |
| Furniture and vehicles | 24 | €1,642 | €12,863 | +€11,221 | +683.5% |
| Current assets | 29/58 | €78,899 | €83,142 | +€4,242 | +5.4% |
| Stocks and contracts in progress | 3 | €612 | €612 | = | 0.0% |
| Stocks | 30/36 | €612 | €612 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,333 | €33,420 | -€12,913 | -27.9% |
| Trade receivables | 40 | €44,829 | €31,758 | -€13,071 | -29.2% |
| Other amounts receivable | 41 | €1,504 | €1,663 | +€158 | +10.5% |
| Cash at bank and in hand | 54/58 | €31,954 | €49,109 | +€17,155 | +53.7% |
| Total equity and liabilities | 10/49 | €80,541 | €96,005 | +€15,464 | +19.2% |
| Equity | 10/15 | €64,883 | €76,937 | +€12,055 | +18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,605 | €1,605 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,605 | €1,605 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,605 | €1,605 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,678 | €56,732 | +€12,055 | +27.0% |
| Amounts payable | 17/49 | €15,658 | €19,068 | +€3,409 | +21.8% |
| Amounts payable within one year | 42/48 | €15,658 | €19,068 | +€3,409 | +21.8% |
| Trade debts | 44 | €12,491 | €16,204 | +€3,713 | +29.7% |
| Suppliers | 440/4 | €12,491 | €16,204 | +€3,713 | +29.7% |
| Taxes, remuneration and social security | 45 | €2,848 | €2,848 | = | 0.0% |
| Taxes | 450/3 | €2,848 | €2,848 | = | 0.0% |
| Other amounts payable | 47/48 | €320 | €16 | -€303 | -94.9% |
| Remuneration, social security and pensions | 62 | €10,929 | - | -€10,929 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,860 | €1,725 | -€135 | -7.2% |
| Other operating charges | 640/8 | €3,349 | €2,819 | -€530 | -15.8% |
| Non-recurring operating charges | 66A | - | €19,937 | +€19,937 | |
| Gross operating margin | 9900 | €19,349 | €56,812 | +€37,463 | +193.6% |
| Operating profit (loss) | 9901 | €3,212 | €32,332 | +€29,120 | +906.6% |
| Financial charges | 65/66B | €958 | €522 | -€435 | -45.5% |
| Recurring financial charges | 65 | €958 | €522 | -€435 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | €2,254 | €31,809 | +€29,555 | +1311.0% |
| Income taxes | 67/77 | - | €19,755 | +€19,755 | |
| Profit (loss) for the period | 9904 | €2,254 | €12,055 | +€9,800 | +434.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,254 | €12,055 | +€9,800 | +434.7% |
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 4 October 2026 via checked.be.