SAILS: what changed
Two fiscal 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.
SAILS
Largest movements
- Deferred charges and accrued income -€9,733
down €9,733 (-72.4%), from €13,442 to €3,709
- Tangible fixed assets -€4,989
down €4,989 (-42.7%), from €11,679 to €6,690
of which Furniture and vehicles: -€2,525
- Cash +€3,120
up €3,120 (+4.4%), from €70,465 to €73,585
mainly Trade debts (+€11,468) and Deferred charges and accrued income (+€9,733)
- Receivables within one year +€2,584
up €2,584 (+173.1%), from €1,493 to €4,077
- Profit (loss) carried forward -€18,436
down €18,436 (-25.0%), from €73,820 to €55,384
- Trade debts +€11,468
up €11,468 (+136.3%), from €8,411 to €19,879
- Other debts -€2,402
down €2,402 (-59.3%), from €4,050 to €1,648
- Gross operating margin -€16,815
down €16,815, from €11,340 to -€5,475
- Other operating charges +€335
up €335 (+9.4%), from €3,561 to €3,896
- Financial income +€148
up €148 (+1345.5%), from €11 to €159
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,074 | €113,057 | -€9,017 | -7.4% |
| Fixed assets | 21/28 | €11,706 | €6,717 | -€4,989 | -42.6% |
| Tangible fixed assets | 22/27 | €11,679 | €6,690 | -€4,989 | -42.7% |
| Plant, machinery and equipment | 23 | €6,629 | €4,165 | -€2,464 | -37.2% |
| Furniture and vehicles | 24 | €5,050 | €2,525 | -€2,525 | -50.0% |
| Financial fixed assets | 28 | €27 | €27 | = | 0.0% |
| Current assets | 29/58 | €110,368 | €106,340 | -€4,028 | -3.6% |
| Amounts receivable after more than one year | 29 | €24,402 | €24,402 | = | 0.0% |
| Other amounts receivable | 291 | €24,402 | €24,402 | = | 0.0% |
| Stocks and contracts in progress | 3 | €566 | €567 | +€1 | +0.2% |
| Stocks | 30/36 | €566 | €567 | +€1 | +0.2% |
| Amounts receivable within one year | 40/41 | €1,493 | €4,077 | +€2,584 | +173.1% |
| Other amounts receivable | 41 | €1,493 | €4,077 | +€2,584 | +173.1% |
| Cash at bank and in hand | 54/58 | €70,465 | €73,585 | +€3,120 | +4.4% |
| Deferred charges and accrued income | 490/1 | €13,442 | €3,709 | -€9,733 | -72.4% |
| Total equity and liabilities | 10/49 | €122,074 | €113,057 | -€9,017 | -7.4% |
| Equity | 10/15 | €109,346 | €90,910 | -€18,436 | -16.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €16,934 | €16,934 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,369 | €5,369 | = | 0.0% |
| Distributable reserves | 133 | €9,706 | €9,706 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,820 | €55,384 | -€18,436 | -25.0% |
| Amounts payable | 17/49 | €12,728 | €22,147 | +€9,419 | +74.0% |
| Amounts payable within one year | 42/48 | €12,728 | €22,147 | +€9,419 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | - | €333 | +€333 | |
| Trade debts | 44 | €8,411 | €19,879 | +€11,468 | +136.3% |
| Suppliers | 440/4 | €8,411 | €19,879 | +€11,468 | +136.3% |
| Taxes, remuneration and social security | 45 | €267 | €287 | +€20 | +7.5% |
| Taxes | 450/3 | €267 | €287 | +€20 | +7.5% |
| Other amounts payable | 47/48 | €4,050 | €1,648 | -€2,402 | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,989 | €4,989 | = | 0.0% |
| Other operating charges | 640/8 | €3,561 | €3,896 | +€335 | +9.4% |
| Gross operating margin | 9900 | €11,340 | -€5,475 | -€16,815 | |
| Operating profit (loss) | 9901 | €2,790 | -€14,360 | -€17,150 | |
| Financial income | 75/76B | €11 | €159 | +€148 | +1345.5% |
| Recurring financial income | 75 | €11 | €159 | +€148 | +1345.5% |
| Financial charges | 65/66B | €185 | €188 | +€3 | +1.6% |
| Recurring financial charges | 65 | €185 | €188 | +€3 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €2,616 | -€14,389 | -€17,005 | |
| Income taxes | 67/77 | €4,000 | €4,047 | +€47 | +1.2% |
| Profit (loss) for the period | 9904 | -€1,384 | -€18,436 | -€17,052 | -1232.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,384 | -€18,436 | -€17,052 | -1232.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.