SADEGH: 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.
SADEGH
Largest movements
- Tangible fixed assets -€7,793
down €7,793 (-25.0%), from €31,174 to €23,380
- Receivables within one year +€3,447
up €3,447 (+32.2%), from €10,693 to €14,140
- Cash -€2,457
down €2,457 (-99.9%), from €2,460 to €4
mainly Debts after one year (-€8,697) and Receivables within one year (-€3,447)
- Debts after one year -€8,697
down €8,697 (-26.2%), from €33,172 to €24,475
- Short-term financial debts +€2,629
new in 2024: €2,629
- Gross operating margin -€18,835
down €18,835 (-67.6%), from €27,847 to €9,012
- Other operating charges -€6,245
down €6,245 (-91.5%), from €6,823 to €578
- Financial charges +€525
up €525 (+497.3%), from €106 to €631
- Taxes +€400
new in 2024: €400
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 | €94,327 | €87,524 | -€6,803 | -7.2% |
| Fixed assets | 21/28 | €81,174 | €73,380 | -€7,793 | -9.6% |
| Intangible fixed assets | 21 | €50,000 | €50,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €31,174 | €23,380 | -€7,793 | -25.0% |
| Furniture and vehicles | 24 | €31,174 | €23,380 | -€7,793 | -25.0% |
| Current assets | 29/58 | €13,153 | €14,144 | +€990 | +7.5% |
| Amounts receivable within one year | 40/41 | €10,693 | €14,140 | +€3,447 | +32.2% |
| Other amounts receivable | 41 | €10,693 | €14,140 | +€3,447 | +32.2% |
| Cash at bank and in hand | 54/58 | €2,460 | €4 | -€2,457 | -99.9% |
| Total equity and liabilities | 10/49 | €94,327 | €87,524 | -€6,803 | -7.2% |
| Equity | 10/15 | €58,858 | €58,469 | -€390 | -0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,407 | €38,017 | -€390 | -1.0% |
| Amounts payable | 17/49 | €35,469 | €29,055 | -€6,414 | -18.1% |
| Amounts payable after more than one year | 17 | €33,172 | €24,475 | -€8,697 | -26.2% |
| Financial debts | 170/4 | €33,172 | €24,475 | -€8,697 | -26.2% |
| Amounts payable within one year | 42/48 | €2,297 | €4,580 | +€2,283 | +99.4% |
| Financial debts | 43 | - | €2,629 | +€2,629 | |
| Credit institutions | 430/8 | - | €2,629 | +€2,629 | |
| Trade debts | 44 | €1,310 | €446 | -€865 | -66.0% |
| Suppliers | 440/4 | €1,310 | €446 | -€865 | -66.0% |
| Taxes, remuneration and social security | 45 | €987 | €1,506 | +€519 | +52.6% |
| Taxes | 450/3 | €987 | €1,506 | +€519 | +52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,793 | €7,793 | = | 0.0% |
| Other operating charges | 640/8 | €6,823 | €578 | -€6,245 | -91.5% |
| Gross operating margin | 9900 | €27,847 | €9,012 | -€18,835 | -67.6% |
| Operating profit (loss) | 9901 | €13,231 | €641 | -€12,590 | -95.2% |
| Financial charges | 65/66B | €106 | €631 | +€525 | +497.3% |
| Recurring financial charges | 65 | €106 | €631 | +€525 | +497.3% |
| Profit (loss) for the period before taxes | 9903 | €13,126 | €10 | -€13,116 | -99.9% |
| Income taxes | 67/77 | - | €400 | +€400 | |
| Profit (loss) for the period | 9904 | €13,126 | -€390 | -€13,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,126 | -€390 | -€13,516 |
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 28 September 2026 via checked.be.