SADIQ SERVICES: 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.
SADIQ SERVICES
Largest movements
- Receivables within one year +€40,151
up €40,151 (+3,246%), from €1,237 to €41,388
of which Trade receivables: +€40,707
- Tangible fixed assets -€11,347
no longer reported in 2023 (was €11,347)
of which Furniture and vehicles: -€8,816
- Cash -€2,824
down €2,824 (-96.2%), from €2,935 to €111
mainly Receivables within one year (-€40,151) and Other debts (-€34,807)
- Stocks and contracts +€2,121
up €2,121 (+399%), from €532 to €2,652
- Financial fixed assets -€1,148
down €1,148 (-65.7%), from €1,748 to €600
- Profit (loss) carried forward +€57,618
up €57,618 (+97.0%), from -€59,404 to -€1,785
- Other debts -€34,807
down €34,807 (-67.0%), from €51,968 to €17,161
- Short-term financial debts +€4,127
up €4,127 (+86.5%), from €4,773 to €8,900
- Gross operating margin +€96,481
up €96,481, from -€22,993 to €73,488
- Depreciation -€3,920
no longer reported in 2023 (was €3,920)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,798 | €44,751 | +€26,953 | +151% |
| Fixed assets | 21/28 | €13,095 | €600 | -€12,495 | -95.4% |
| Tangible fixed assets | 22/27 | €11,347 | - | -€11,347 | |
| Plant, machinery and equipment | 23 | €1,860 | - | -€1,860 | |
| Furniture and vehicles | 24 | €8,816 | - | -€8,816 | |
| Other tangible fixed assets | 26 | €670 | - | -€670 | |
| Financial fixed assets | 28 | €1,748 | €600 | -€1,148 | -65.7% |
| Current assets | 29/58 | €4,703 | €44,151 | +€39,448 | +839% |
| Stocks and contracts in progress | 3 | €532 | €2,652 | +€2,121 | +399% |
| Stocks | 30/36 | €532 | €2,652 | +€2,121 | +399% |
| Amounts receivable within one year | 40/41 | €1,237 | €41,388 | +€40,151 | +3,246% |
| Trade receivables | 40 | - | €40,707 | +€40,707 | |
| Other amounts receivable | 41 | €1,237 | €681 | -€556 | -45.0% |
| Cash at bank and in hand | 54/58 | €2,935 | €111 | -€2,824 | -96.2% |
| Total equity and liabilities | 10/49 | €17,798 | €44,751 | +€26,953 | +151% |
| Equity | 10/15 | -€38,944 | €18,675 | +€57,618 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€59,404 | -€1,785 | +€57,618 | +97.0% |
| Amounts payable | 17/49 | €56,742 | €26,076 | -€30,665 | -54.0% |
| Amounts payable within one year | 42/48 | €56,742 | €26,076 | -€30,665 | -54.0% |
| Financial debts | 43 | €4,773 | €8,900 | +€4,127 | +86.5% |
| Credit institutions | 430/8 | €4,773 | €8,900 | +€4,127 | +86.5% |
| Trade debts | 44 | - | €15 | +€15 | |
| Suppliers | 440/4 | - | €15 | +€15 | |
| Other amounts payable | 47/48 | €51,968 | €17,161 | -€34,807 | -67.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,920 | - | -€3,920 | |
| Other operating charges | 640/8 | €2,354 | €2,923 | +€569 | +24.2% |
| Non-recurring operating charges | 66A | - | €11,347 | +€11,347 | |
| Gross operating margin | 9900 | -€22,993 | €73,488 | +€96,481 | |
| Operating profit (loss) | 9901 | -€29,267 | €59,219 | +€88,486 | |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €1,438 | €1,601 | +€163 | +11.3% |
| Recurring financial charges | 65 | €1,438 | €1,601 | +€163 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | -€30,694 | €57,618 | +€88,312 | |
| Profit (loss) for the period | 9904 | -€30,694 | €57,618 | +€88,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,694 | €57,618 | +€88,312 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.