SAINT JAMES: 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 JAMES
Largest movements
- Stocks and contracts -€6,726
down €6,726 (-29.6%), from €22,757 to €16,031
- Cash +€5,163
up €5,163 (+65.2%), from €7,924 to €13,087
mainly Accrued charges and deferred income (+€23,625) and Trade debts (+€15,577)
- Receivables within one year +€2,792
up €2,792 (+75.1%), from €3,716 to €6,508
of which Other amounts receivable: +€5,008
- Other debts -€23,773
down €23,773 (-99.6%), from €23,868 to €95
- Accrued charges and deferred income +€23,625
up €23,625 (+73.1%), from €32,315 to €55,940
- Tax, wage and social debts -€20,376
down €20,376 (-35.9%), from €56,770 to €36,394
of which Taxes: -€26,248
- Trade debts +€15,577
up €15,577 (+13.3%), from €116,923 to €132,500
- Profit (loss) carried forward +€6,049
up €6,049 (+5.2%), from -€117,053 to -€111,004
- Staff costs +€31,633
up €31,633 (+1,184%), from €2,671 to €34,304
- Other operating charges -€7,357
down €7,357 (-36.9%), from €19,945 to €12,588
- Taxes -€6,256
down €6,256 (-45.7%), from €13,677 to €7,421
- Financial income +€5,250
up €5,250 (+1,596%), from €329 to €5,579
- Gross operating margin -€1,991
down €1,991 (-3.2%), from €62,085 to €60,094
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 | €254,574 | €255,626 | +€1,052 | +0.4% |
| Fixed assets | 21/28 | €177 | - | -€177 | |
| Tangible fixed assets | 22/27 | €177 | - | -€177 | |
| Furniture and vehicles | 24 | €177 | - | -€177 | |
| Current assets | 29/58 | €254,397 | €255,626 | +€1,229 | +0.5% |
| Amounts receivable after more than one year | 29 | €220,000 | €220,000 | = | 0.0% |
| Other amounts receivable | 291 | €220,000 | €220,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €22,757 | €16,031 | -€6,726 | -29.6% |
| Stocks | 30/36 | €22,757 | €16,031 | -€6,726 | -29.6% |
| Amounts receivable within one year | 40/41 | €3,716 | €6,508 | +€2,792 | +75.1% |
| Trade receivables | 40 | €2,216 | - | -€2,216 | |
| Other amounts receivable | 41 | €1,500 | €6,508 | +€5,008 | +334% |
| Cash at bank and in hand | 54/58 | €7,924 | €13,087 | +€5,163 | +65.2% |
| Total equity and liabilities | 10/49 | €254,574 | €255,626 | +€1,052 | +0.4% |
| Equity | 10/15 | €24,698 | €30,697 | +€5,999 | +24.3% |
| Contributions | 10/11 | €18,492 | €18,492 | = | 0.0% |
| Reserves | 13 | €123,259 | €123,209 | -€50 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €121,400 | €121,350 | -€50 | 0.0% |
| Profit (loss) carried forward | 14 | -€117,053 | -€111,004 | +€6,049 | +5.2% |
| Amounts payable | 17/49 | €229,876 | €224,929 | -€4,947 | -2.2% |
| Amounts payable within one year | 42/48 | €197,561 | €168,989 | -€28,572 | -14.5% |
| Trade debts | 44 | €116,923 | €132,500 | +€15,577 | +13.3% |
| Suppliers | 440/4 | €116,923 | €132,500 | +€15,577 | +13.3% |
| Taxes, remuneration and social security | 45 | €56,770 | €36,394 | -€20,376 | -35.9% |
| Taxes | 450/3 | €54,525 | €28,277 | -€26,248 | -48.1% |
| Remuneration and social security | 454/9 | €2,245 | €8,117 | +€5,872 | +262% |
| Other amounts payable | 47/48 | €23,868 | €95 | -€23,773 | -99.6% |
| Accrued charges and deferred income | 492/3 | €32,315 | €55,940 | +€23,625 | +73.1% |
| Remuneration, social security and pensions | 62 | €2,671 | €34,304 | +€31,633 | +1,184% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €299 | €177 | -€122 | -40.8% |
| Other operating charges | 640/8 | €19,945 | €12,588 | -€7,357 | -36.9% |
| Non-recurring operating charges | 66A | - | €1,130 | +€1,130 | |
| Gross operating margin | 9900 | €62,085 | €60,094 | -€1,991 | -3.2% |
| Operating profit (loss) | 9901 | €39,170 | €11,895 | -€27,275 | -69.6% |
| Financial income | 75/76B | €329 | €5,579 | +€5,250 | +1,596% |
| Recurring financial income | 75 | €329 | €5,579 | +€5,250 | +1,596% |
| Financial charges | 65/66B | €3,138 | €3,962 | +€824 | +26.3% |
| Recurring financial charges | 65 | €3,138 | €3,962 | +€824 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €36,361 | €13,512 | -€22,849 | -62.8% |
| Income taxes | 67/77 | €13,677 | €7,421 | -€6,256 | -45.7% |
| Profit (loss) for the period | 9904 | €22,684 | €6,091 | -€16,593 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,684 | €6,091 | -€16,593 | -73.1% |
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 16 October 2026 via checked.be.