SADELUX: 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.
SADELUX
Largest movements
- Cash +€9,295
up €9,295 (+927.9%), from €1,002 to €10,297
mainly Receivables within one year (+€9,247) and Trade debts (+€4,158)
- Receivables within one year -€9,247
down €9,247 (-81.3%), from €11,373 to €2,125
of which Trade receivables: -€7,241
- Trade debts +€4,158
up €4,158 (+641.8%), from €648 to €4,806
- Other debts -€4,018
down €4,018 (-1.5%), from €265,418 to €261,400
- Taxes -€1,796
no longer reported in 2025 (was €1,796)
- Gross operating margin -€1,393
down €1,393 (-98.5%), from €1,414 to €21
- Other operating charges -€387
no longer reported in 2025 (was €387)
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.
Cash bridge derived
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 | €12,374 | €12,422 | +€48 | +0.4% |
| Current assets | 29/58 | €12,374 | €12,422 | +€48 | +0.4% |
| Amounts receivable within one year | 40/41 | €11,373 | €2,125 | -€9,247 | -81.3% |
| Trade receivables | 40 | €8,246 | €1,005 | -€7,241 | -87.8% |
| Other amounts receivable | 41 | €3,126 | €1,120 | -€2,006 | -64.2% |
| Cash at bank and in hand | 54/58 | €1,002 | €10,297 | +€9,295 | +927.9% |
| Total equity and liabilities | 10/49 | €12,374 | €12,422 | +€48 | +0.4% |
| Equity | 10/15 | -€253,691 | -€253,784 | -€92 | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,965 | €5,965 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,173 | €1,173 | = | 0.0% |
| Legal reserve | 130 | €1,173 | €1,173 | = | 0.0% |
| Distributable reserves | 133 | €4,793 | €4,793 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€321,657 | -€321,749 | -€92 | 0.0% |
| Amounts payable | 17/49 | €266,066 | €266,206 | +€140 | +0.1% |
| Amounts payable within one year | 42/48 | €266,066 | €266,206 | +€140 | +0.1% |
| Trade debts | 44 | €648 | €4,806 | +€4,158 | +641.8% |
| Suppliers | 440/4 | €648 | €4,806 | +€4,158 | +641.8% |
| Other amounts payable | 47/48 | €265,418 | €261,400 | -€4,018 | -1.5% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €1,414 | €21 | -€1,393 | -98.5% |
| Operating profit (loss) | 9901 | €1,027 | €21 | -€1,005 | -97.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €115 | €114 | -€1 | -0.8% |
| Recurring financial charges | 65 | €115 | €114 | -€1 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €912 | -€92 | -€1,004 | |
| Income taxes | 67/77 | €1,796 | - | -€1,796 | |
| Profit (loss) for the period | 9904 | -€884 | -€92 | +€792 | +89.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€884 | -€92 | +€792 | +89.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.