SAEYS: 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.
SAEYS
Largest movements
- Cash -€5,578
down €5,578 (-12.4%), from €44,949 to €39,370
mainly Net result for the year (-€9,509) and Other debts (-€300)
- Receivables within one year -€1,615
down €1,615 (-1.8%), from €92,176 to €90,561
of which Other amounts receivable: -€1,210
- Reserves -€9,509
down €9,509 (-7.5%), from €126,484 to €116,975
- Advances received +€1,724
new in 2025: €1,724
- Gross operating margin -€611
down €611 (-6.7%), from -€9,134 to -€9,745
- Depreciation +€450
up €450 (+12099.2%), from €4 to €454
- Other operating charges +€102
up €102 (+9.3%), from €1,098 to €1,200
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 | €151,325 | €143,272 | -€8,053 | -5.3% |
| Fixed assets | 21/28 | €1,493 | €904 | -€589 | -39.4% |
| Tangible fixed assets | 22/27 | €1,358 | €904 | -€454 | -33.4% |
| Plant, machinery and equipment | 23 | €1,358 | €904 | -€454 | -33.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €135 | - | -€135 | |
| Current assets | 29/58 | €149,832 | €142,368 | -€7,464 | -5.0% |
| Stocks and contracts in progress | 3 | €11,996 | €11,684 | -€312 | -2.6% |
| Stocks | 30/36 | €11,996 | €11,684 | -€312 | -2.6% |
| Amounts receivable within one year | 40/41 | €92,176 | €90,561 | -€1,615 | -1.8% |
| Trade receivables | 40 | €40,905 | €40,500 | -€405 | -1.0% |
| Other amounts receivable | 41 | €51,271 | €50,061 | -€1,210 | -2.4% |
| Cash at bank and in hand | 54/58 | €44,949 | €39,370 | -€5,578 | -12.4% |
| Deferred charges and accrued income | 490/1 | €712 | €753 | +€41 | +5.8% |
| Total equity and liabilities | 10/49 | €151,325 | €143,272 | -€8,053 | -5.3% |
| Equity | 10/15 | €146,484 | €136,975 | -€9,509 | -6.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €126,484 | €116,975 | -€9,509 | -7.5% |
| Distributable reserves | 133 | €126,484 | €116,975 | -€9,509 | -7.5% |
| Amounts payable | 17/49 | €4,841 | €6,297 | +€1,455 | +30.1% |
| Amounts payable within one year | 42/48 | €4,841 | €6,297 | +€1,455 | +30.1% |
| Trade debts | 44 | €2,064 | €2,095 | +€31 | +1.5% |
| Suppliers | 440/4 | €2,064 | €2,095 | +€31 | +1.5% |
| Advances received on contracts in progress | 46 | - | €1,724 | +€1,724 | |
| Other amounts payable | 47/48 | €2,778 | €2,478 | -€300 | -10.8% |
| Non-recurring operating income | 76A | €14,500 | €9,150 | -€5,350 | -36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4 | €454 | +€450 | +12099.2% |
| Other operating charges | 640/8 | €1,098 | €1,200 | +€102 | +9.3% |
| Non-recurring operating charges | 66A | €788 | - | -€788 | |
| Gross operating margin | 9900 | -€9,134 | -€9,745 | -€611 | -6.7% |
| Operating profit (loss) | 9901 | -€11,024 | -€11,398 | -€375 | -3.4% |
| Financial income | 75/76B | €1,939 | €1,935 | -€4 | -0.2% |
| Recurring financial income | 75 | €1,939 | €1,935 | -€4 | -0.2% |
| Financial charges | 65/66B | €90 | €45 | -€45 | -49.7% |
| Recurring financial charges | 65 | €90 | €45 | -€45 | -49.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,174 | -€9,509 | -€335 | -3.6% |
| Profit (loss) for the period | 9904 | -€9,174 | -€9,509 | -€335 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,174 | -€9,509 | -€335 | -3.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.