SAINT KILDA: 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 KILDA
Largest movements
- Tangible fixed assets -€70,749
down €70,749 (-75.6%), from €93,529 to €22,780
of which Other tangible fixed assets: -€36,870
- Receivables within one year +€22,232
up €22,232 (+568%), from €3,917 to €26,149
of which Trade receivables: +€23,471
- Cash -€5,585
down €5,585 (-62.5%), from €8,933 to €3,348
mainly Receivables within one year (-€22,232) and Trade debts (-€17,053)
- Stocks and contracts -€3,600
down €3,600 (-41.4%), from €8,700 to €5,100
- Trade debts -€17,053
down €17,053 (-29.4%), from €57,930 to €40,876
- Profit (loss) carried forward -€16,384
down €16,384 (-35.7%), from -€45,924 to -€62,307
- Debts after one year -€13,005
down €13,005 (-35.3%), from €36,796 to €23,791
- Tax, wage and social debts -€8,954
down €8,954 (-27.7%), from €32,315 to €23,361
of which Remuneration and social security: -€7,939
- Accrued charges and deferred income -€1,932
no longer reported in 2025 (was €1,932)
- Gross operating margin -€32,889
down €32,889 (-18.4%), from €178,298 to €145,409
- Staff costs -€30,938
down €30,938 (-22.5%), from €137,210 to €106,271
- Depreciation -€23,224
down €23,224 (-84.4%), from €27,510 to €4,285
- Financial charges -€3,280
down €3,280 (-27.3%), from €12,002 to €8,721
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 | €116,567 | €58,090 | -€58,477 | -50.2% |
| Fixed assets | 21/28 | €94,379 | €22,780 | -€71,600 | -75.9% |
| Intangible fixed assets | 21 | €0 | - | -€0 | |
| Tangible fixed assets | 22/27 | €93,529 | €22,780 | -€70,749 | -75.6% |
| Furniture and vehicles | 24 | €34,383 | €504 | -€33,879 | -98.5% |
| Other tangible fixed assets | 26 | €59,146 | €22,276 | -€36,870 | -62.3% |
| Financial fixed assets | 28 | €850 | - | -€850 | |
| Current assets | 29/58 | €22,188 | €35,311 | +€13,122 | +59.1% |
| Stocks and contracts in progress | 3 | €8,700 | €5,100 | -€3,600 | -41.4% |
| Stocks | 30/36 | €8,700 | €5,100 | -€3,600 | -41.4% |
| Amounts receivable within one year | 40/41 | €3,917 | €26,149 | +€22,232 | +568% |
| Trade receivables | 40 | €2,678 | €26,149 | +€23,471 | +876% |
| Other amounts receivable | 41 | €1,240 | - | -€1,240 | |
| Cash at bank and in hand | 54/58 | €8,933 | €3,348 | -€5,585 | -62.5% |
| Deferred charges and accrued income | 490/1 | €638 | €713 | +€75 | +11.8% |
| Total equity and liabilities | 10/49 | €116,567 | €58,090 | -€58,477 | -50.2% |
| Equity | 10/15 | -€35,924 | -€52,307 | -€16,384 | -45.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,924 | -€62,307 | -€16,384 | -35.7% |
| Amounts payable | 17/49 | €152,491 | €110,398 | -€42,093 | -27.6% |
| Amounts payable after more than one year | 17 | €36,796 | €23,791 | -€13,005 | -35.3% |
| Financial debts | 170/4 | €36,796 | €23,791 | -€13,005 | -35.3% |
| Amounts payable within one year | 42/48 | €113,763 | €86,607 | -€27,156 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €12,684 | €13,005 | +€321 | +2.5% |
| Financial debts | 43 | €257 | €10 | -€247 | -96.1% |
| Credit institutions | 430/8 | €257 | €10 | -€247 | -96.1% |
| Trade debts | 44 | €57,930 | €40,876 | -€17,053 | -29.4% |
| Suppliers | 440/4 | €57,930 | €40,876 | -€17,053 | -29.4% |
| Taxes, remuneration and social security | 45 | €32,315 | €23,361 | -€8,954 | -27.7% |
| Taxes | 450/3 | €10,991 | €9,976 | -€1,015 | -9.2% |
| Remuneration and social security | 454/9 | €21,324 | €13,385 | -€7,939 | -37.2% |
| Other amounts payable | 47/48 | €10,577 | €9,354 | -€1,223 | -11.6% |
| Accrued charges and deferred income | 492/3 | €1,932 | - | -€1,932 | |
| Non-recurring operating income | 76A | €1,017 | €10,083 | +€9,066 | +891% |
| Remuneration, social security and pensions | 62 | €137,210 | €106,271 | -€30,938 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,510 | €4,285 | -€23,224 | -84.4% |
| Other operating charges | 640/8 | €653 | €702 | +€49 | +7.5% |
| Non-recurring operating charges | 66A | €53 | €41,813 | +€41,760 | +78,526% |
| Gross operating margin | 9900 | €178,298 | €145,409 | -€32,889 | -18.4% |
| Operating profit (loss) | 9901 | €12,872 | -€7,663 | -€20,535 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €12,002 | €8,721 | -€3,280 | -27.3% |
| Recurring financial charges | 65 | €12,002 | €8,721 | -€3,280 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €872 | -€16,384 | -€17,256 | |
| Profit (loss) for the period | 9904 | €872 | -€16,384 | -€17,256 | |
| Profit (loss) for the period to be appropriated | 9905 | €872 | -€16,384 | -€17,256 |
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.