SAINATECH: 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.
SAINATECH
Largest movements
- Tangible fixed assets -€106,232
down €106,232 (-43.1%), from €246,520 to €140,288
of which Plant, machinery and equipment: -€85,659
- Receivables within one year +€26,099
up €26,099 (+33.0%), from €79,085 to €105,184
of which Other amounts receivable: +€67,267
- Cash +€17,986
up €17,986 (+151.2%), from €11,899 to €29,885
mainly Tax, wage and social debts (+€132,201) and Depreciation (+€114,282)
- Tax, wage and social debts +€132,201
up €132,201 (+26.7%), from €494,304 to €626,505
of which Taxes: +€95,954
- Profit (loss) carried forward -€87,012
down €87,012 (-12.5%), from -€695,626 to -€782,638
- Debts after one year -€58,503
down €58,503 (-40.8%), from €143,243 to €84,740
- Trade debts -€34,380
down €34,380 (-20.9%), from €164,882 to €130,502
- Other debts -€8,080
no longer reported in 2025 (was €8,080)
- Staff costs -€288,917
down €288,917 (-38.9%), from €741,825 to €452,908
- Depreciation -€44,556
down €44,556 (-28.1%), from €158,838 to €114,282
- Financial charges -€41,427
down €41,427 (-51.8%), from €80,020 to €38,594
- Gross operating margin +€21,188
up €21,188 (+4.0%), from €526,557 to €547,745
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.
Cash bridge derived
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 | €345,248 | €285,311 | -€59,937 | -17.4% |
| Fixed assets | 21/28 | €252,020 | €145,788 | -€106,232 | -42.2% |
| Tangible fixed assets | 22/27 | €246,520 | €140,288 | -€106,232 | -43.1% |
| Plant, machinery and equipment | 23 | €187,001 | €101,342 | -€85,659 | -45.8% |
| Furniture and vehicles | 24 | €34,642 | €16,918 | -€17,724 | -51.2% |
| Leasing and similar rights | 25 | - | €906 | +€906 | |
| Other tangible fixed assets | 26 | €24,877 | €21,121 | -€3,755 | -15.1% |
| Financial fixed assets | 28 | €5,500 | €5,500 | = | 0.0% |
| Current assets | 29/58 | €93,228 | €139,524 | +€46,295 | +49.7% |
| Amounts receivable within one year | 40/41 | €79,085 | €105,184 | +€26,099 | +33.0% |
| Trade receivables | 40 | €79,085 | €37,916 | -€41,169 | -52.1% |
| Other amounts receivable | 41 | - | €67,267 | +€67,267 | |
| Cash at bank and in hand | 54/58 | €11,899 | €29,885 | +€17,986 | +151.2% |
| Deferred charges and accrued income | 490/1 | €2,244 | €4,455 | +€2,210 | +98.5% |
| Total equity and liabilities | 10/49 | €345,248 | €285,311 | -€59,937 | -17.4% |
| Equity | 10/15 | -€605,626 | -€692,638 | -€87,012 | -14.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €80,000 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€695,626 | -€782,638 | -€87,012 | -12.5% |
| Amounts payable | 17/49 | €950,874 | €977,949 | +€27,075 | +2.8% |
| Amounts payable after more than one year | 17 | €143,243 | €84,740 | -€58,503 | -40.8% |
| Financial debts | 170/4 | €143,243 | €84,740 | -€58,503 | -40.8% |
| Amounts payable within one year | 42/48 | €807,422 | €893,209 | +€85,787 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €140,156 | €136,202 | -€3,954 | -2.8% |
| Trade debts | 44 | €164,882 | €130,502 | -€34,380 | -20.9% |
| Suppliers | 440/4 | €164,882 | €130,502 | -€34,380 | -20.9% |
| Taxes, remuneration and social security | 45 | €494,304 | €626,505 | +€132,201 | +26.7% |
| Taxes | 450/3 | €313,328 | €409,281 | +€95,954 | +30.6% |
| Remuneration and social security | 454/9 | €180,977 | €217,224 | +€36,247 | +20.0% |
| Other amounts payable | 47/48 | €8,080 | - | -€8,080 | |
| Accrued charges and deferred income | 492/3 | €209 | - | -€209 | |
| Remuneration, social security and pensions | 62 | €741,825 | €452,908 | -€288,917 | -38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,838 | €114,282 | -€44,556 | -28.1% |
| Other operating charges | 640/8 | €7,487 | €6,354 | -€1,133 | -15.1% |
| Non-recurring operating charges | 66A | - | €26,321 | +€26,321 | |
| Gross operating margin | 9900 | €526,557 | €547,745 | +€21,188 | +4.0% |
| Operating profit (loss) | 9901 | -€381,592 | -€52,120 | +€329,472 | +86.3% |
| Financial income | 75/76B | €0 | €3,702 | +€3,701 | +881264.3% |
| Recurring financial income | 75 | €0 | €3,702 | +€3,701 | +881264.3% |
| Financial charges | 65/66B | €80,020 | €38,594 | -€41,427 | -51.8% |
| Recurring financial charges | 65 | €80,020 | €38,594 | -€41,427 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | -€461,611 | -€87,012 | +€374,600 | +81.2% |
| Profit (loss) for the period | 9904 | -€461,611 | -€87,012 | +€374,600 | +81.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€461,611 | -€87,012 | +€374,600 | +81.2% |
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 10 October 2026 via checked.be.