Saffron Sourcing: 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.
Saffron Sourcing
Largest movements
- Cash -€80,120
down €80,120 (-97.2%), from €82,417 to €2,298
mainly Investment in fixed assets (net) (-€53,569) and Net result for the year (-€39,824)
- Tangible fixed assets +€42,063
up €42,063 (+722%), from €5,830 to €47,893
of which Furniture and vehicles: +€42,433
- Receivables within one year -€6,415
down €6,415 (-88.1%), from €7,282 to €867
of which Other amounts receivable: -€5,415
- Profit (loss) carried forward -€39,824
new in 2025: -€39,824
- Gross operating margin -€119,118
down €119,118, from €91,358 to -€27,761
- Taxes -€30,536
no longer reported in 2025 (was €30,536)
- Depreciation +€9,828
up €9,828 (+586%), from €1,678 to €11,506
- Financial income -€6,362
down €6,362 (-95.1%), from €6,687 to €325
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.
Derived cash bridge
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 | €465,529 | €421,058 | -€44,471 | -9.6% |
| Fixed assets | 21/28 | €5,830 | €47,893 | +€42,063 | +722% |
| Tangible fixed assets | 22/27 | €5,830 | €47,893 | +€42,063 | +722% |
| Plant, machinery and equipment | 23 | €880 | €511 | -€369 | -42.0% |
| Furniture and vehicles | 24 | €4,950 | €47,382 | +€42,433 | +857% |
| Current assets | 29/58 | €459,700 | €373,165 | -€86,535 | -18.8% |
| Amounts receivable within one year | 40/41 | €7,282 | €867 | -€6,415 | -88.1% |
| Trade receivables | 40 | €1,368 | €368 | -€1,000 | -73.1% |
| Other amounts receivable | 41 | €5,914 | €499 | -€5,415 | -91.6% |
| Current investments | 50/53 | €370,000 | €370,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €82,417 | €2,298 | -€80,120 | -97.2% |
| Total equity and liabilities | 10/49 | €465,529 | €421,058 | -€44,471 | -9.6% |
| Equity | 10/15 | €457,315 | €417,491 | -€39,824 | -8.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €437,315 | €437,315 | = | 0.0% |
| Distributable reserves | 133 | €437,315 | €437,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€39,824 | -€39,824 | |
| Amounts payable | 17/49 | €8,215 | €3,567 | -€4,648 | -56.6% |
| Amounts payable within one year | 42/48 | €8,215 | €3,567 | -€4,648 | -56.6% |
| Trade debts | 44 | €301 | €30 | -€271 | -90.0% |
| Suppliers | 440/4 | €301 | €30 | -€271 | -90.0% |
| Taxes, remuneration and social security | 45 | €6,663 | €2,563 | -€4,100 | -61.5% |
| Taxes | 450/3 | €3,763 | €2,563 | -€1,200 | -31.9% |
| Remuneration and social security | 454/9 | €2,900 | - | -€2,900 | |
| Other amounts payable | 47/48 | €1,250 | €973 | -€277 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,678 | €11,506 | +€9,828 | +586% |
| Other operating charges | 640/8 | €513 | €815 | +€302 | +58.8% |
| Gross operating margin | 9900 | €91,358 | -€27,761 | -€119,118 | |
| Operating profit (loss) | 9901 | €89,166 | -€40,081 | -€129,248 | |
| Financial income | 75/76B | €6,687 | €325 | -€6,362 | -95.1% |
| Recurring financial income | 75 | €6,687 | €325 | -€6,362 | -95.1% |
| Financial charges | 65/66B | €97 | €67 | -€30 | -30.8% |
| Recurring financial charges | 65 | €97 | €67 | -€30 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €95,756 | -€39,824 | -€135,580 | |
| Income taxes | 67/77 | €30,536 | - | -€30,536 | |
| Profit (loss) for the period | 9904 | €65,220 | -€39,824 | -€105,044 | |
| Profit (loss) for the period to be appropriated | 9905 | €65,220 | -€39,824 | -€105,044 |
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 29 October 2026 via checked.be.