SADIR: 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.
SADIR
Largest movements
- Receivables within one year +€44,171
up €44,171 (+55.0%), from €80,333 to €124,504
of which Other amounts receivable: +€32,200
- Cash -€19,732
down €19,732 (-38.9%), from €50,776 to €31,045
mainly Receivables within one year (-€44,171) and Accrued charges and deferred income (-€5,000)
- Reserves +€17,930
up €17,930 (+20.3%), from €88,438 to €106,368
- Tax, wage and social debts +€12,434
up €12,434 (+35.8%), from €34,747 to €47,181
of which Taxes: +€6,424
- Accrued charges and deferred income -€5,000
no longer reported in 2025 (was €5,000)
- Gross operating margin -€42,430
down €42,430 (-19.0%), from €222,738 to €180,308
- Staff costs +€16,221
up €16,221 (+11.6%), from €139,672 to €155,893
- Taxes -€16,135
down €16,135 (-73.3%), from €22,000 to €5,865
- Financial income +€3,655
up €3,655 (+5860.5%), from €62 to €3,718
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 | €131,725 | €155,548 | +€23,824 | +18.1% |
| Fixed assets | 21/28 | €615 | - | -€615 | |
| Tangible fixed assets | 22/27 | €615 | - | -€615 | |
| Furniture and vehicles | 24 | €615 | - | -€615 | |
| Current assets | 29/58 | €131,110 | €155,548 | +€24,439 | +18.6% |
| Amounts receivable within one year | 40/41 | €80,333 | €124,504 | +€44,171 | +55.0% |
| Trade receivables | 40 | €18,547 | €30,517 | +€11,971 | +64.5% |
| Other amounts receivable | 41 | €61,787 | €93,986 | +€32,200 | +52.1% |
| Cash at bank and in hand | 54/58 | €50,776 | €31,045 | -€19,732 | -38.9% |
| Total equity and liabilities | 10/49 | €131,725 | €155,548 | +€23,824 | +18.1% |
| Equity | 10/15 | €90,438 | €108,368 | +€17,930 | +19.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €88,438 | €106,368 | +€17,930 | +20.3% |
| Distributable reserves | 133 | €88,438 | €106,368 | +€17,930 | +20.3% |
| Amounts payable | 17/49 | €41,287 | €47,181 | +€5,894 | +14.3% |
| Amounts payable within one year | 42/48 | €36,287 | €47,181 | +€10,894 | +30.0% |
| Trade debts | 44 | €1,540 | - | -€1,540 | |
| Suppliers | 440/4 | €1,540 | - | -€1,540 | |
| Taxes, remuneration and social security | 45 | €34,747 | €47,181 | +€12,434 | +35.8% |
| Taxes | 450/3 | €22,034 | €28,458 | +€6,424 | +29.2% |
| Remuneration and social security | 454/9 | €12,713 | €18,723 | +€6,010 | +47.3% |
| Accrued charges and deferred income | 492/3 | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €139,672 | €155,893 | +€16,221 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €647 | €615 | -€32 | -4.9% |
| Other operating charges | 640/8 | €827 | €2,938 | +€2,110 | +255.1% |
| Gross operating margin | 9900 | €222,738 | €180,308 | -€42,430 | -19.0% |
| Operating profit (loss) | 9901 | €81,592 | €20,862 | -€60,730 | -74.4% |
| Financial income | 75/76B | €62 | €3,718 | +€3,655 | +5860.5% |
| Recurring financial income | 75 | €62 | €3,718 | +€3,655 | +5860.5% |
| Financial charges | 65/66B | €2,046 | €785 | -€1,262 | -61.7% |
| Recurring financial charges | 65 | €2,046 | €785 | -€1,262 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €79,608 | €23,795 | -€55,813 | -70.1% |
| Income taxes | 67/77 | €22,000 | €5,865 | -€16,135 | -73.3% |
| Profit (loss) for the period | 9904 | €57,608 | €17,930 | -€39,678 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,608 | €17,930 | -€39,678 | -68.9% |
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 12 October 2026 via checked.be.