SADER PATENTS: what changed
SADER PATENTS
Largest movements
- Cash -€5,922
down €5,922 (-85.6%), from €6,917 to €994
mainly Net result for the year (-€10,688) and Tax, wage and social debts (-€3,440)
- Receivables within one year -€4,724
down €4,724 (-93.2%), from €5,069 to €345
of which Other amounts receivable: -€5,056
- Tangible fixed assets -€2,278
down €2,278 (-24.9%), from €9,141 to €6,863
of which Plant, machinery and equipment: -€1,627
- Deferred charges and accrued income -€1,059
down €1,059 (-97.1%), from €1,091 to €32
- Profit (loss) carried forward -€10,688
new in 2025: -€10,688
- Tax, wage and social debts -€3,440
no longer reported in 2025 (was €3,440)
- Gross operating margin -€35,624
down €35,624, from €27,822 to -€7,801
- Taxes -€6,527
no longer reported in 2025 (was €6,527)
- Depreciation -€2,535
down €2,535 (-47.7%), from €5,313 to €2,778
- Other operating charges -€339
down €339 (-83.8%), from €405 to €66
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,278 | €8,294 | -€13,984 | -62.8% |
| Fixed assets | 21/28 | €9,201 | €6,923 | -€2,278 | -24.8% |
| Tangible fixed assets | 22/27 | €9,141 | €6,863 | -€2,278 | -24.9% |
| Plant, machinery and equipment | 23 | €4,021 | €2,395 | -€1,627 | -40.4% |
| Furniture and vehicles | 24 | €295 | €187 | -€107 | -36.4% |
| Other tangible fixed assets | 26 | €4,825 | €4,281 | -€545 | -11.3% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €13,077 | €1,371 | -€11,705 | -89.5% |
| Amounts receivable within one year | 40/41 | €5,069 | €345 | -€4,724 | -93.2% |
| Trade receivables | 40 | - | €333 | +€333 | |
| Other amounts receivable | 41 | €5,069 | €13 | -€5,056 | -99.8% |
| Cash at bank and in hand | 54/58 | €6,917 | €994 | -€5,922 | -85.6% |
| Deferred charges and accrued income | 490/1 | €1,091 | €32 | -€1,059 | -97.1% |
| Total equity and liabilities | 10/49 | €22,278 | €8,294 | -€13,984 | -62.8% |
| Equity | 10/15 | €18,600 | €7,912 | -€10,688 | -57.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,600 | €15,600 | = | 0.0% |
| Distributable reserves | 133 | €15,600 | €15,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,688 | -€10,688 | |
| Amounts payable | 17/49 | €3,678 | €382 | -€3,296 | -89.6% |
| Amounts payable within one year | 42/48 | €3,678 | €382 | -€3,296 | -89.6% |
| Trade debts | 44 | €238 | €359 | +€121 | +51.0% |
| Suppliers | 440/4 | €238 | €359 | +€121 | +51.0% |
| Taxes, remuneration and social security | 45 | €3,440 | - | -€3,440 | |
| Taxes | 450/3 | €3,440 | - | -€3,440 | |
| Other amounts payable | 47/48 | - | €24 | +€24 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,313 | €2,778 | -€2,535 | -47.7% |
| Other operating charges | 640/8 | €405 | €66 | -€339 | -83.8% |
| Gross operating margin | 9900 | €27,822 | -€7,801 | -€35,624 | |
| Operating profit (loss) | 9901 | €22,104 | -€10,645 | -€32,749 | |
| Financial income | 75/76B | €104 | - | -€104 | |
| Recurring financial income | 75 | €104 | - | -€104 | |
| Financial charges | 65/66B | €81 | €43 | -€38 | -46.8% |
| Recurring financial charges | 65 | €81 | €43 | -€38 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €22,127 | -€10,688 | -€32,815 | |
| Income taxes | 67/77 | €6,527 | - | -€6,527 | |
| Profit (loss) for the period | 9904 | €15,600 | -€10,688 | -€26,288 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,600 | -€10,688 | -€26,288 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.