SAINT-EMPIRE: 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.
SAINT-EMPIRE
Largest movements
- Tangible fixed assets +€112,494
up €112,494 (+4,072%), from €2,763 to €115,256
of which Land and buildings: +€105,996
- Receivables within one year +€13,795
up €13,795 (+14.2%), from €97,455 to €111,250
of which Trade receivables: +€28,227
- Cash +€13,424
up €13,424 (+41,664%), from €32 to €13,456
mainly Debts after one year (+€101,956) and Net result for the year (+€36,361)
- Receivables after one year -€5,700
down €5,700 (-7.7%), from €74,000 to €68,300
- Debts after one year +€101,956
up €101,956 (+569%), from €17,923 to €119,879
- Profit (loss) carried forward +€36,361
up €36,361 (+56.1%), from €64,869 to €101,230
- Tax, wage and social debts +€15,883
up €15,883 (+60.5%), from €26,234 to €42,117
of which Remuneration and social security: +€7,955
- Trade debts -€8,298
down €8,298 (-40.5%), from €20,464 to €12,166
- Short-term financial debts -€7,175
no longer reported in 2025 (was €7,175)
- Gross operating margin +€14,528
up €14,528 (+9.8%), from €148,182 to €162,710
- Staff costs +€2,590
up €2,590 (+2.6%), from €98,458 to €101,048
- Other operating charges +€2,145
up €2,145 (+467%), from €460 to €2,605
- Depreciation +€1,684
up €1,684 (+152%), from €1,111 to €2,794
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 | €174,250 | €308,262 | +€134,013 | +76.9% |
| Fixed assets | 21/28 | €2,763 | €115,256 | +€112,494 | +4,072% |
| Tangible fixed assets | 22/27 | €2,763 | €115,256 | +€112,494 | +4,072% |
| Land and buildings | 22 | - | €105,996 | +€105,996 | |
| Furniture and vehicles | 24 | €2,763 | €5,960 | +€3,197 | +116% |
| Other tangible fixed assets | 26 | - | €3,300 | +€3,300 | |
| Current assets | 29/58 | €171,487 | €193,006 | +€21,519 | +12.5% |
| Amounts receivable after more than one year | 29 | €74,000 | €68,300 | -€5,700 | -7.7% |
| Other amounts receivable | 291 | €74,000 | €68,300 | -€5,700 | -7.7% |
| Amounts receivable within one year | 40/41 | €97,455 | €111,250 | +€13,795 | +14.2% |
| Trade receivables | 40 | €59,251 | €87,478 | +€28,227 | +47.6% |
| Other amounts receivable | 41 | €38,203 | €23,772 | -€14,432 | -37.8% |
| Cash at bank and in hand | 54/58 | €32 | €13,456 | +€13,424 | +41,664% |
| Total equity and liabilities | 10/49 | €174,250 | €308,262 | +€134,013 | +76.9% |
| Equity | 10/15 | €74,491 | €110,852 | +€36,361 | +48.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,422 | €3,422 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,562 | €1,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,869 | €101,230 | +€36,361 | +56.1% |
| Amounts payable | 17/49 | €99,759 | €197,411 | +€97,652 | +97.9% |
| Amounts payable after more than one year | 17 | €17,923 | €119,879 | +€101,956 | +569% |
| Financial debts | 170/4 | €17,923 | €119,879 | +€101,956 | +569% |
| Amounts payable within one year | 42/48 | €81,297 | €77,532 | -€3,765 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €27,424 | €23,249 | -€4,175 | -15.2% |
| Financial debts | 43 | €7,175 | - | -€7,175 | |
| Credit institutions | 430/8 | €7,175 | - | -€7,175 | |
| Trade debts | 44 | €20,464 | €12,166 | -€8,298 | -40.5% |
| Suppliers | 440/4 | €20,464 | €12,166 | -€8,298 | -40.5% |
| Taxes, remuneration and social security | 45 | €26,234 | €42,117 | +€15,883 | +60.5% |
| Taxes | 450/3 | €12,467 | €20,394 | +€7,927 | +63.6% |
| Remuneration and social security | 454/9 | €13,768 | €21,723 | +€7,955 | +57.8% |
| Accrued charges and deferred income | 492/3 | €539 | - | -€539 | |
| Remuneration, social security and pensions | 62 | €98,458 | €101,048 | +€2,590 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,111 | €2,794 | +€1,684 | +152% |
| Other operating charges | 640/8 | €460 | €2,605 | +€2,145 | +467% |
| Gross operating margin | 9900 | €148,182 | €162,710 | +€14,528 | +9.8% |
| Operating profit (loss) | 9901 | €48,153 | €56,263 | +€8,110 | +16.8% |
| Financial income | 75/76B | €3,141 | €1,948 | -€1,193 | -38.0% |
| Recurring financial income | 75 | €3,141 | €1,948 | -€1,193 | -38.0% |
| Financial charges | 65/66B | €8,153 | €8,923 | +€770 | +9.4% |
| Recurring financial charges | 65 | €8,153 | €8,923 | +€770 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €43,141 | €49,288 | +€6,147 | +14.2% |
| Income taxes | 67/77 | €12,466 | €12,927 | +€461 | +3.7% |
| Profit (loss) for the period | 9904 | €30,675 | €36,361 | +€5,686 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,675 | €36,361 | +€5,686 | +18.5% |
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 18 October 2026 via checked.be.