SAIL 4 U-KNOKKE: 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.
SAIL 4 U-KNOKKE
Largest movements
- Tangible fixed assets -€33,735
down €33,735 (-26.1%), from €129,271 to €95,537
of which Plant, machinery and equipment: -€28,545
- Cash -€22,038
down €22,038 (-43.1%), from €51,163 to €29,125
mainly Net result for the year (-€29,877) and Receivables within one year (-€17,743)
- Receivables within one year +€17,743
up €17,743 (+80.4%), from €22,079 to €39,822
- Deferred charges and accrued income +€3,989
up €3,989 (+1,390%), from €287 to €4,276
- Profit (loss) carried forward -€29,877
down €29,877, from €921 to -€28,957
- Other debts -€12,271
down €12,271 (-9.5%), from €129,492 to €117,221
- Trade debts +€11,391
up €11,391 (+305%), from €3,731 to €15,121
- Tax, wage and social debts -€4,892
down €4,892 (-62.1%), from €7,880 to €2,988
- Gross operating margin -€34,648
down €34,648 (-77.0%), from €44,998 to €10,350
- Depreciation -€11,463
down €11,463 (-28.0%), from €40,942 to €29,479
- Other operating charges +€9,311
up €9,311 (+882%), from €1,055 to €10,366
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 | €220,084 | €184,434 | -€35,650 | -16.2% |
| Fixed assets | 21/28 | €129,271 | €95,537 | -€33,735 | -26.1% |
| Tangible fixed assets | 22/27 | €129,271 | €95,537 | -€33,735 | -26.1% |
| Plant, machinery and equipment | 23 | €112,334 | €83,790 | -€28,545 | -25.4% |
| Furniture and vehicles | 24 | €16,937 | €11,747 | -€5,190 | -30.6% |
| Current assets | 29/58 | €90,812 | €88,897 | -€1,915 | -2.1% |
| Stocks and contracts in progress | 3 | €17,284 | €15,674 | -€1,609 | -9.3% |
| Stocks | 30/36 | €17,284 | €15,674 | -€1,609 | -9.3% |
| Amounts receivable within one year | 40/41 | €22,079 | €39,822 | +€17,743 | +80.4% |
| Trade receivables | 40 | €22,079 | €39,822 | +€17,743 | +80.4% |
| Cash at bank and in hand | 54/58 | €51,163 | €29,125 | -€22,038 | -43.1% |
| Deferred charges and accrued income | 490/1 | €287 | €4,276 | +€3,989 | +1,390% |
| Total equity and liabilities | 10/49 | €220,084 | €184,434 | -€35,650 | -16.2% |
| Equity | 10/15 | €8,981 | -€20,897 | -€29,877 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €921 | -€28,957 | -€29,877 | |
| Amounts payable | 17/49 | €211,103 | €205,330 | -€5,773 | -2.7% |
| Amounts payable after more than one year | 17 | €70,000 | €70,000 | = | 0.0% |
| Financial debts | 170/4 | €70,000 | €70,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €141,103 | €135,330 | -€5,773 | -4.1% |
| Trade debts | 44 | €3,731 | €15,121 | +€11,391 | +305% |
| Suppliers | 440/4 | €3,731 | €15,121 | +€11,391 | +305% |
| Taxes, remuneration and social security | 45 | €7,880 | €2,988 | -€4,892 | -62.1% |
| Taxes | 450/3 | €7,880 | €2,988 | -€4,892 | -62.1% |
| Other amounts payable | 47/48 | €129,492 | €117,221 | -€12,271 | -9.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,942 | €29,479 | -€11,463 | -28.0% |
| Other operating charges | 640/8 | €1,055 | €10,366 | +€9,311 | +882% |
| Non-recurring operating charges | 66A | €2,835 | €163 | -€2,672 | -94.2% |
| Gross operating margin | 9900 | €44,998 | €10,350 | -€34,648 | -77.0% |
| Operating profit (loss) | 9901 | €166 | -€29,658 | -€29,823 | |
| Financial income | 75/76B | €33 | €1 | -€31 | -96.1% |
| Recurring financial income | 75 | €33 | €1 | -€31 | -96.1% |
| Financial charges | 65/66B | €69 | €81 | +€12 | +17.4% |
| Recurring financial charges | 65 | €69 | €81 | +€12 | +17.4% |
| Profit (loss) for the period before taxes | 9903 | €129 | -€29,737 | -€29,866 | |
| Income taxes | 67/77 | €142 | €140 | -€2 | -1.7% |
| Profit (loss) for the period | 9904 | -€13 | -€29,877 | -€29,864 | -221,707% |
| Profit (loss) for the period to be appropriated | 9905 | -€13 | -€29,877 | -€29,864 | -221,707% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.