SADIK HALAC: 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.
SADIK HALAC
Largest movements
- Cash +€3,767
up €3,767 (+77.7%), from €4,850 to €8,617
mainly Trade debts (+€3,810) and Net result for the year (+€3,186)
- Stocks and contracts +€3,693
up €3,693 (+11.1%), from €33,186 to €36,879
- Trade debts +€3,810
up €3,810 (+56.7%), from €6,726 to €10,536
- Profit (loss) carried forward +€3,186
new in 2025: €3,186
- Tax, wage and social debts +€1,729
up €1,729 (+87.8%), from €1,970 to €3,699
- Advances received -€1,503
no longer reported in 2025 (was €1,503)
- Turnover +€441,611
new in 2025: €441,611
- Purchases and services +€438,088
new in 2025: €438,088
- Gross operating margin +€10,096
up €10,096 (+317%), from €3,180 to €13,277
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 | €39,198 | €46,078 | +€6,881 | +17.6% |
| Fixed assets | 21/28 | €798 | €568 | -€230 | -28.8% |
| Tangible fixed assets | 22/27 | €798 | €568 | -€230 | -28.8% |
| Plant, machinery and equipment | 23 | €798 | €568 | -€230 | -28.8% |
| Current assets | 29/58 | €38,400 | €45,510 | +€7,110 | +18.5% |
| Stocks and contracts in progress | 3 | €33,186 | €36,879 | +€3,693 | +11.1% |
| Stocks | 30/36 | €33,186 | €36,879 | +€3,693 | +11.1% |
| Amounts receivable within one year | 40/41 | €21 | €14 | -€7 | -32.9% |
| Trade receivables | 40 | €0 | €14 | +€14 | |
| Other amounts receivable | 41 | €21 | - | -€21 | |
| Cash at bank and in hand | 54/58 | €4,850 | €8,617 | +€3,767 | +77.7% |
| Deferred charges and accrued income | 490/1 | €343 | - | -€343 | |
| Total equity and liabilities | 10/49 | €39,198 | €46,078 | +€6,881 | +17.6% |
| Equity | 10/15 | €28,586 | €31,772 | +€3,186 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,986 | €9,986 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,126 | €8,126 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €3,186 | +€3,186 | |
| Amounts payable | 17/49 | €10,612 | €14,307 | +€3,695 | +34.8% |
| Amounts payable within one year | 42/48 | €10,612 | €14,307 | +€3,695 | +34.8% |
| Trade debts | 44 | €6,726 | €10,536 | +€3,810 | +56.7% |
| Suppliers | 440/4 | €6,726 | €10,536 | +€3,810 | +56.7% |
| Advances received on contracts in progress | 46 | €1,503 | - | -€1,503 | |
| Taxes, remuneration and social security | 45 | €1,970 | €3,699 | +€1,729 | +87.8% |
| Taxes | 450/3 | €1,970 | €3,699 | +€1,729 | +87.8% |
| Other amounts payable | 47/48 | €413 | €71 | -€342 | -82.7% |
| Turnover | 70 | - | €441,611 | +€441,611 | |
| Non-recurring operating income | 76A | - | €1,503 | +€1,503 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €438,088 | +€438,088 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230 | €230 | = | 0.0% |
| Other operating charges | 640/8 | €2,401 | €5,967 | +€3,566 | +149% |
| Gross operating margin | 9900 | €3,180 | €13,277 | +€10,096 | +317% |
| Operating profit (loss) | 9901 | €550 | €7,080 | +€6,530 | +1,187% |
| Financial income | 75/76B | €3 | €40 | +€37 | +1,229% |
| Recurring financial income | 75 | €3 | €40 | +€37 | +1,229% |
| Financial charges | 65/66B | €5,178 | €1,734 | -€3,444 | -66.5% |
| Recurring financial charges | 65 | €5,178 | €1,734 | -€3,444 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,625 | €5,386 | +€10,011 | |
| Income taxes | 67/77 | €541 | €2,200 | +€1,659 | +307% |
| Profit (loss) for the period | 9904 | -€5,166 | €3,186 | +€8,352 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,166 | €3,186 | +€8,352 |
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 21 October 2026 via checked.be.