Saidoulger: 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.
Saidoulger
Largest movements
- Cash -€12,838
down €12,838 (-9.2%), from €139,817 to €126,979
mainly Contributions, distributions and other (-€139,011) and Investment in fixed assets (net) (-€3,835)
- Receivables within one year -€5,723
down €5,723 (-31.1%), from €18,413 to €12,690
of which Trade receivables: -€4,039
- Tangible fixed assets +€2,725
up €2,725 (+270%), from €1,011 to €3,736
of which Plant, machinery and equipment: +€1,730
- Reserves -€91,493
down €91,493 (-65.8%), from €139,011 to €47,517
- Other debts +€70,674
new in 2025: €70,674
- Tax, wage and social debts +€5,068
up €5,068 (+30.0%), from €16,918 to €21,987
- Gross operating margin -€1,872
down €1,872 (-2.8%), from €65,797 to €63,925
- Financial charges -€825
down €825 (-41.7%), from €1,978 to €1,153
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 | €159,518 | €143,405 | -€16,114 | -10.1% |
| Fixed assets | 21/28 | €1,011 | €3,736 | +€2,725 | +270% |
| Tangible fixed assets | 22/27 | €1,011 | €3,736 | +€2,725 | +270% |
| Plant, machinery and equipment | 23 | €1,011 | €2,741 | +€1,730 | +171% |
| Furniture and vehicles | 24 | - | €995 | +€995 | |
| Current assets | 29/58 | €158,507 | €139,668 | -€18,839 | -11.9% |
| Amounts receivable within one year | 40/41 | €18,413 | €12,690 | -€5,723 | -31.1% |
| Trade receivables | 40 | €15,746 | €11,707 | -€4,039 | -25.7% |
| Other amounts receivable | 41 | €2,667 | €983 | -€1,684 | -63.1% |
| Cash at bank and in hand | 54/58 | €139,817 | €126,979 | -€12,838 | -9.2% |
| Deferred charges and accrued income | 490/1 | €278 | €0 | -€278 | -100% |
| Total equity and liabilities | 10/49 | €159,518 | €143,405 | -€16,114 | -10.1% |
| Equity | 10/15 | €142,011 | €50,517 | -€91,493 | -64.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €139,011 | €47,517 | -€91,493 | -65.8% |
| Distributable reserves | 133 | €139,011 | €47,517 | -€91,493 | -65.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €17,508 | €92,887 | +€75,379 | +431% |
| Amounts payable within one year | 42/48 | €17,508 | €92,887 | +€75,379 | +431% |
| Trade debts | 44 | €589 | €226 | -€363 | -61.6% |
| Suppliers | 440/4 | €589 | €226 | -€363 | -61.6% |
| Taxes, remuneration and social security | 45 | €16,918 | €21,987 | +€5,068 | +30.0% |
| Taxes | 450/3 | €16,918 | €21,987 | +€5,068 | +30.0% |
| Other amounts payable | 47/48 | - | €70,674 | +€70,674 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €948 | €1,110 | +€162 | +17.1% |
| Other operating charges | 640/8 | €787 | €713 | -€74 | -9.4% |
| Non-recurring operating charges | 66A | - | €414 | +€414 | |
| Gross operating margin | 9900 | €65,797 | €63,925 | -€1,872 | -2.8% |
| Operating profit (loss) | 9901 | €64,062 | €61,688 | -€2,374 | -3.7% |
| Financial income | 75/76B | €11 | €0 | -€11 | -100% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -100% |
| Financial charges | 65/66B | €1,978 | €1,153 | -€825 | -41.7% |
| Recurring financial charges | 65 | €1,978 | €1,153 | -€825 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €62,095 | €60,534 | -€1,560 | -2.5% |
| Income taxes | 67/77 | €13,287 | €13,017 | -€270 | -2.0% |
| Profit (loss) for the period | 9904 | €48,808 | €47,517 | -€1,290 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,808 | €47,517 | -€1,290 | -2.6% |
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 23 October 2026 via checked.be.