SAIJAL: 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.
SAIJAL
Largest movements
- Receivables within one year -€30,559
down €30,559 (-87.9%), from €34,760 to €4,201
of which Trade receivables: -€30,226
- Stocks and contracts -€25,744
down €25,744 (-33.5%), from €76,853 to €51,109
- Tangible fixed assets -€4,319
down €4,319 (-31.7%), from €13,643 to €9,325
of which Leasing and similar rights: -€3,768
- Intangible fixed assets -€3,666
down €3,666 (-19.1%), from €19,229 to €15,562
- Cash -€2,694
down €2,694 (-31.4%), from €8,582 to €5,888
mainly Trade debts (-€26,362) and Net result for the year (-€24,315)
- Trade debts -€26,362
down €26,362 (-76.8%), from €34,326 to €7,963
- Profit (loss) carried forward -€24,315
down €24,315 (-64.1%), from €37,941 to €13,625
- Contributions -€18,500
down €18,500 (-31.6%), from €58,500 to €40,000
- Debts after one year -€12,454
down €12,454 (-63.1%), from €19,749 to €7,295
- Tax, wage and social debts +€10,049
up €10,049 (+413%), from €2,432 to €12,481
- Purchases and services +€118,631
up €118,631 (+19.9%), from €597,186 to €715,817
- Turnover +€62,617
up €62,617 (+9.9%), from €630,183 to €692,800
- Gross operating margin -€55,181
down €55,181, from €48,588 to -€6,594
- Other operating charges -€7,800
down €7,800 (-83.2%), from €9,378 to €1,579
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 | €156,523 | €88,086 | -€68,437 | -43.7% |
| Fixed assets | 21/28 | €34,872 | €26,887 | -€7,985 | -22.9% |
| Intangible fixed assets | 21 | €19,229 | €15,562 | -€3,666 | -19.1% |
| Tangible fixed assets | 22/27 | €13,643 | €9,325 | -€4,319 | -31.7% |
| Plant, machinery and equipment | 23 | €696 | €146 | -€550 | -79.0% |
| Leasing and similar rights | 25 | €12,947 | €9,178 | -€3,768 | -29.1% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €121,651 | €61,199 | -€60,452 | -49.7% |
| Stocks and contracts in progress | 3 | €76,853 | €51,109 | -€25,744 | -33.5% |
| Stocks | 30/36 | €76,853 | €51,109 | -€25,744 | -33.5% |
| Amounts receivable within one year | 40/41 | €34,760 | €4,201 | -€30,559 | -87.9% |
| Trade receivables | 40 | €34,410 | €4,183 | -€30,226 | -87.8% |
| Other amounts receivable | 41 | €350 | €18 | -€332 | -94.9% |
| Cash at bank and in hand | 54/58 | €8,582 | €5,888 | -€2,694 | -31.4% |
| Deferred charges and accrued income | 490/1 | €1,455 | - | -€1,455 | |
| Total equity and liabilities | 10/49 | €156,523 | €88,086 | -€68,437 | -43.7% |
| Equity | 10/15 | €96,441 | €53,625 | -€42,815 | -44.4% |
| Contributions | 10/11 | €58,500 | €40,000 | -€18,500 | -31.6% |
| Profit (loss) carried forward | 14 | €37,941 | €13,625 | -€24,315 | -64.1% |
| Amounts payable | 17/49 | €60,082 | €34,460 | -€25,622 | -42.6% |
| Amounts payable after more than one year | 17 | €19,749 | €7,295 | -€12,454 | -63.1% |
| Financial debts | 170/4 | €19,749 | €7,295 | -€12,454 | -63.1% |
| Amounts payable within one year | 42/48 | €40,333 | €27,165 | -€13,168 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €3,575 | €6,720 | +€3,145 | +88.0% |
| Trade debts | 44 | €34,326 | €7,963 | -€26,362 | -76.8% |
| Suppliers | 440/4 | €34,326 | €7,963 | -€26,362 | -76.8% |
| Taxes, remuneration and social security | 45 | €2,432 | €12,481 | +€10,049 | +413% |
| Taxes | 450/3 | €2,432 | €12,481 | +€10,049 | +413% |
| Turnover | 70 | €630,183 | €692,800 | +€62,617 | +9.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €597,186 | €715,817 | +€118,631 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,985 | €7,985 | = | 0.0% |
| Other operating charges | 640/8 | €9,378 | €1,579 | -€7,800 | -83.2% |
| Gross operating margin | 9900 | €48,588 | -€6,594 | -€55,181 | |
| Operating profit (loss) | 9901 | €31,224 | -€16,157 | -€47,382 | |
| Financial charges | 65/66B | €2,209 | €2,643 | +€434 | +19.6% |
| Recurring financial charges | 65 | €2,209 | €2,643 | +€434 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €29,016 | -€18,800 | -€47,815 | |
| Income taxes | 67/77 | €3,380 | €5,515 | +€2,135 | +63.2% |
| Profit (loss) for the period | 9904 | €25,635 | -€24,315 | -€49,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,635 | -€24,315 | -€49,950 |
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 15 October 2026 via checked.be.