SADO: what changed
Two fiscal 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.
SADO
Largest movements
- Receivables within one year +€57,083
up €57,083 (+59.0%), from €96,816 to €153,899
of which Trade receivables: +€57,315
- Cash +€22,072
up €22,072 (+27.1%), from €81,302 to €103,374
mainly Trade debts (+€69,079) and Net result for the year (+€12,703)
- Deferred charges and accrued income -€9,390
down €9,390 (-83.0%), from €11,308 to €1,918
- Trade debts +€69,079
up €69,079 (+57.5%), from €120,193 to €189,273
- Reserves +€12,703
up €12,703 (+90.0%), from €14,117 to €26,820
- Accrued charges and deferred income -€8,459
down €8,459 (-22.2%), from €38,125 to €29,666
- Tax, wage and social debts +€4,570
up €4,570 (+605.3%), from €755 to €5,324
- Short-term financial debts -€4,000
down €4,000 (-100.0%), from €4,000 to €0
- Gross operating margin -€2,684
down €2,684 (-13.9%), from €19,363 to €16,680
- Financial charges -€545
down €545 (-36.0%), from €1,512 to €968
- Financial income +€529
up €529 (+360.1%), from €147 to €675
- Taxes -€213
down €213 (-5.7%), from €3,768 to €3,555
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,446 | €259,190 | +€69,744 | +36.8% |
| Fixed assets | 21/28 | €20 | €0 | -€20 | -100.0% |
| Financial fixed assets | 28 | €20 | €0 | -€20 | -100.0% |
| Current assets | 29/58 | €189,426 | €259,190 | +€69,764 | +36.8% |
| Amounts receivable within one year | 40/41 | €96,816 | €153,899 | +€57,083 | +59.0% |
| Trade receivables | 40 | €96,584 | €153,899 | +€57,315 | +59.3% |
| Other amounts receivable | 41 | €232 | €0 | -€232 | -100.0% |
| Cash at bank and in hand | 54/58 | €81,302 | €103,374 | +€22,072 | +27.1% |
| Deferred charges and accrued income | 490/1 | €11,308 | €1,918 | -€9,390 | -83.0% |
| Total equity and liabilities | 10/49 | €189,446 | €259,190 | +€69,744 | +36.8% |
| Equity | 10/15 | €19,117 | €31,820 | +€12,703 | +66.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,117 | €26,820 | +€12,703 | +90.0% |
| Distributable reserves | 133 | €14,117 | €26,820 | +€12,703 | +90.0% |
| Amounts payable | 17/49 | €170,329 | €227,370 | +€57,041 | +33.5% |
| Amounts payable after more than one year | 17 | €3,107 | €0 | -€3,107 | -100.0% |
| Financial debts | 170/4 | €3,107 | €0 | -€3,107 | -100.0% |
| Amounts payable within one year | 42/48 | €129,097 | €197,704 | +€68,608 | +53.1% |
| Current portion of amounts payable after more than one year | 42 | €3,240 | €3,107 | -€133 | -4.1% |
| Financial debts | 43 | €4,000 | €0 | -€4,000 | -100.0% |
| Credit institutions | 430/8 | €4,000 | €0 | -€4,000 | -100.0% |
| Trade debts | 44 | €120,193 | €189,273 | +€69,079 | +57.5% |
| Suppliers | 440/4 | €120,193 | €189,273 | +€69,079 | +57.5% |
| Taxes, remuneration and social security | 45 | €755 | €5,324 | +€4,570 | +605.3% |
| Taxes | 450/3 | €755 | €5,324 | +€4,570 | +605.3% |
| Other amounts payable | 47/48 | €908 | €0 | -€908 | -100.0% |
| Accrued charges and deferred income | 492/3 | €38,125 | €29,666 | -€8,459 | -22.2% |
| Other operating charges | 640/8 | €113 | €130 | +€17 | +14.6% |
| Gross operating margin | 9900 | €19,363 | €16,680 | -€2,684 | -13.9% |
| Operating profit (loss) | 9901 | €19,250 | €16,550 | -€2,700 | -14.0% |
| Financial income | 75/76B | €147 | €675 | +€529 | +360.1% |
| Recurring financial income | 75 | €147 | €675 | +€529 | +360.1% |
| Financial charges | 65/66B | €1,512 | €968 | -€545 | -36.0% |
| Recurring financial charges | 65 | €1,512 | €968 | -€545 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €17,884 | €16,258 | -€1,627 | -9.1% |
| Income taxes | 67/77 | €3,768 | €3,555 | -€213 | -5.7% |
| Profit (loss) for the period | 9904 | €14,117 | €12,703 | -€1,414 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,117 | €12,703 | -€1,414 | -10.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.