SADICO: what changed
Two financial 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.
SADICO
Largest movements
- Cash +€81,748
up €81,748 (+70,600%), from €116 to €81,864
mainly Receivables within one year (+€39,043) and Other debts (+€26,620)
- Receivables within one year -€39,043
down €39,043 (-86.0%), from €45,387 to €6,344
of which Other amounts receivable: -€45,387
- Other debts +€26,620
up €26,620 (+22.5%), from €118,318 to €144,938
- Profit (loss) carried forward +€25,459
up €25,459 (+27.4%), from -€93,022 to -€67,563
- Trade debts -€6,496
down €6,496 (-73.5%), from €8,833 to €2,337
- Tax, wage and social debts -€3,584
down €3,584 (-77.6%), from €4,617 to €1,034
of which Taxes: -€2,185
- Gross operating margin -€15,118
down €15,118 (-35.9%), from €42,056 to €26,938
- Financial income -€4,304
down €4,304 (-100%), from €4,304 to €0
- Financial charges -€1,305
down €1,305 (-95.8%), from €1,362 to €57
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.
Derived cash bridge
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 | €46,805 | €88,805 | +€41,999 | +89.7% |
| Fixed assets | 21/28 | €1,302 | €597 | -€705 | -54.1% |
| Tangible fixed assets | 22/27 | €1,302 | €597 | -€705 | -54.1% |
| Plant, machinery and equipment | 23 | €1,302 | €597 | -€705 | -54.1% |
| Current assets | 29/58 | €45,503 | €88,207 | +€42,704 | +93.8% |
| Amounts receivable within one year | 40/41 | €45,387 | €6,344 | -€39,043 | -86.0% |
| Trade receivables | 40 | - | €6,344 | +€6,344 | |
| Other amounts receivable | 41 | €45,387 | €0 | -€45,387 | -100% |
| Cash at bank and in hand | 54/58 | €116 | €81,864 | +€81,748 | +70,600% |
| Total equity and liabilities | 10/49 | €46,805 | €88,805 | +€41,999 | +89.7% |
| Equity | 10/15 | -€84,962 | -€59,503 | +€25,459 | +30.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€93,022 | -€67,563 | +€25,459 | +27.4% |
| Amounts payable | 17/49 | €131,767 | €148,308 | +€16,540 | +12.6% |
| Amounts payable within one year | 42/48 | €131,767 | €148,308 | +€16,540 | +12.6% |
| Trade debts | 44 | €8,833 | €2,337 | -€6,496 | -73.5% |
| Suppliers | 440/4 | €8,833 | €2,337 | -€6,496 | -73.5% |
| Taxes, remuneration and social security | 45 | €4,617 | €1,034 | -€3,584 | -77.6% |
| Taxes | 450/3 | €3,015 | €831 | -€2,185 | -72.5% |
| Remuneration and social security | 454/9 | €1,602 | €203 | -€1,399 | -87.3% |
| Other amounts payable | 47/48 | €118,318 | €144,938 | +€26,620 | +22.5% |
| Remuneration, social security and pensions | 62 | - | €30 | +€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €705 | +€0 | 0.0% |
| Other operating charges | 640/8 | €840 | €687 | -€153 | -18.2% |
| Gross operating margin | 9900 | €42,056 | €26,938 | -€15,118 | -35.9% |
| Operating profit (loss) | 9901 | €40,512 | €25,516 | -€14,995 | -37.0% |
| Financial income | 75/76B | €4,304 | €0 | -€4,304 | -100% |
| Recurring financial income | 75 | €4,304 | €0 | -€4,304 | -100% |
| Financial charges | 65/66B | €1,362 | €57 | -€1,305 | -95.8% |
| Recurring financial charges | 65 | €1,362 | €57 | -€1,305 | -95.8% |
| Profit (loss) for the period before taxes | 9903 | €43,454 | €25,459 | -€17,995 | -41.4% |
| Profit (loss) for the period | 9904 | €43,454 | €25,459 | -€17,995 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,454 | €25,459 | -€17,995 | -41.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.