SADRI: 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.
SADRI
Largest movements
- Receivables within one year +€26,950
up €26,950 (+114.9%), from €23,456 to €50,406
of which Trade receivables: +€44,005
- Cash +€5,210
up €5,210 (+153.2%), from €3,401 to €8,612
mainly Other debts (+€35,562) and Trade debts (+€16,265)
- Tangible fixed assets -€1,860
down €1,860 (-54.3%), from €3,425 to €1,565
- Deferred charges and accrued income -€1,439
no longer reported in 2024 (was €1,439)
- Other debts +€35,562
new in 2024: €35,562
- Profit (loss) carried forward -€22,020
down €22,020, from €15,795 to -€6,225
- Trade debts +€16,265
up €16,265 (+291.2%), from €5,586 to €21,851
- Tax, wage and social debts -€1,404
down €1,404 (-37.9%), from €3,702 to €2,298
- Gross operating margin -€13,440
down €13,440 (-43.3%), from €31,064 to €17,625
- Staff costs +€4,216
up €4,216 (+12.6%), from €33,569 to €37,785
- Depreciation +€1,860
new in 2024: €1,860
- Other operating charges -€801
no longer reported in 2024 (was €801)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,231 | €72,634 | +€28,403 | +64.2% |
| Fixed assets | 21/28 | €3,425 | €1,565 | -€1,860 | -54.3% |
| Tangible fixed assets | 22/27 | €3,425 | €1,565 | -€1,860 | -54.3% |
| Plant, machinery and equipment | 23 | €3,425 | €1,565 | -€1,860 | -54.3% |
| Current assets | 29/58 | €40,806 | €71,069 | +€30,263 | +74.2% |
| Stocks and contracts in progress | 3 | €12,510 | €12,050 | -€459 | -3.7% |
| Stocks | 30/36 | €12,510 | €12,050 | -€459 | -3.7% |
| Amounts receivable within one year | 40/41 | €23,456 | €50,406 | +€26,950 | +114.9% |
| Trade receivables | 40 | €6,401 | €50,406 | +€44,005 | +687.5% |
| Other amounts receivable | 41 | €17,055 | - | -€17,055 | |
| Cash at bank and in hand | 54/58 | €3,401 | €8,612 | +€5,210 | +153.2% |
| Deferred charges and accrued income | 490/1 | €1,439 | - | -€1,439 | |
| Total equity and liabilities | 10/49 | €44,231 | €72,634 | +€28,403 | +64.2% |
| Equity | 10/15 | €34,943 | €12,923 | -€22,020 | -63.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €548 | €548 | = | 0.0% |
| Non-distributable reserves | 130/1 | €548 | €548 | = | 0.0% |
| Reserves not available under the articles | 1311 | €548 | €548 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,795 | -€6,225 | -€22,020 | |
| Amounts payable | 17/49 | €9,288 | €59,711 | +€50,423 | +542.9% |
| Amounts payable within one year | 42/48 | €9,288 | €59,711 | +€50,423 | +542.9% |
| Trade debts | 44 | €5,586 | €21,851 | +€16,265 | +291.2% |
| Suppliers | 440/4 | €5,586 | €21,851 | +€16,265 | +291.2% |
| Taxes, remuneration and social security | 45 | €3,702 | €2,298 | -€1,404 | -37.9% |
| Taxes | 450/3 | €3,702 | €2,298 | -€1,404 | -37.9% |
| Other amounts payable | 47/48 | - | €35,562 | +€35,562 | |
| Remuneration, social security and pensions | 62 | €33,569 | €37,785 | +€4,216 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,860 | +€1,860 | |
| Other operating charges | 640/8 | €801 | - | -€801 | |
| Gross operating margin | 9900 | €31,064 | €17,625 | -€13,440 | -43.3% |
| Operating profit (loss) | 9901 | -€3,305 | -€22,020 | -€18,715 | -566.2% |
| Financial charges | 65/66B | €308 | - | -€308 | |
| Recurring financial charges | 65 | €308 | - | -€308 | |
| Profit (loss) for the period before taxes | 9903 | -€3,613 | -€22,020 | -€18,407 | -509.4% |
| Profit (loss) for the period | 9904 | -€3,613 | -€22,020 | -€18,407 | -509.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,613 | -€22,020 | -€18,407 | -509.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.