SAINT MARIA: 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 MARIA
Largest movements
- Cash +€9,858
up €9,858 (+250%), from €3,938 to €13,796
mainly Net result for the year (+€19,114) and Depreciation (+€11,579)
- Tangible fixed assets -€9,555
down €9,555 (-22.2%), from €42,981 to €33,426
of which Furniture and vehicles: -€8,077
- Receivables within one year +€1,735
up €1,735 (+273%), from €636 to €2,371
of which Other amounts receivable: +€1,895
- Profit (loss) carried forward +€20,997
no longer reported in 2025 (was -€20,997)
- Trade debts -€11,580
down €11,580 (-80.5%), from €14,380 to €2,800
- Debts after one year -€4,950
down €4,950 (-27.0%), from €18,335 to €13,385
- Reserves -€1,882
down €1,882 (-6.6%), from €28,546 to €26,664
- Other debts -€1,659
no longer reported in 2025 (was €1,659)
- Gross operating margin +€28,185
up €28,185 (+184%), from €15,355 to €43,540
- Depreciation +€3,516
up €3,516 (+43.6%), from €8,063 to €11,579
- Staff costs +€2,592
up €2,592 (+36.7%), from €7,058 to €9,650
- Other operating charges -€2,093
down €2,093 (-50.6%), from €4,137 to €2,044
- Financial income -€776
no longer reported in 2025 (was €776)
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 | €49,566 | €51,884 | +€2,317 | +4.7% |
| Fixed assets | 21/28 | €42,981 | €33,426 | -€9,555 | -22.2% |
| Tangible fixed assets | 22/27 | €42,981 | €33,426 | -€9,555 | -22.2% |
| Plant, machinery and equipment | 23 | €4,513 | €2,897 | -€1,615 | -35.8% |
| Furniture and vehicles | 24 | €33,165 | €25,089 | -€8,077 | -24.4% |
| Other tangible fixed assets | 26 | €5,303 | €5,440 | +€137 | +2.6% |
| Current assets | 29/58 | €6,585 | €18,457 | +€11,873 | +180% |
| Stocks and contracts in progress | 3 | €2,011 | €2,290 | +€280 | +13.9% |
| Stocks | 30/36 | €2,011 | €2,290 | +€280 | +13.9% |
| Amounts receivable within one year | 40/41 | €636 | €2,371 | +€1,735 | +273% |
| Trade receivables | 40 | €160 | - | -€160 | |
| Other amounts receivable | 41 | €476 | €2,371 | +€1,895 | +398% |
| Cash at bank and in hand | 54/58 | €3,938 | €13,796 | +€9,858 | +250% |
| Total equity and liabilities | 10/49 | €49,566 | €51,884 | +€2,317 | +4.7% |
| Equity | 10/15 | €8,550 | €27,664 | +€19,114 | +224% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €28,546 | €26,664 | -€1,882 | -6.6% |
| Distributable reserves | 133 | €28,546 | €26,664 | -€1,882 | -6.6% |
| Profit (loss) carried forward | 14 | -€20,997 | - | +€20,997 | |
| Amounts payable | 17/49 | €41,017 | €24,220 | -€16,797 | -41.0% |
| Amounts payable after more than one year | 17 | €18,335 | €13,385 | -€4,950 | -27.0% |
| Financial debts | 170/4 | €18,335 | €13,385 | -€4,950 | -27.0% |
| Amounts payable within one year | 42/48 | €22,682 | €10,835 | -€11,847 | -52.2% |
| Current portion of amounts payable after more than one year | 42 | €4,740 | €4,920 | +€180 | +3.8% |
| Trade debts | 44 | €14,380 | €2,800 | -€11,580 | -80.5% |
| Suppliers | 440/4 | €14,380 | €2,800 | -€11,580 | -80.5% |
| Taxes, remuneration and social security | 45 | €1,903 | €3,115 | +€1,212 | +63.7% |
| Taxes | 450/3 | €1,745 | €1,881 | +€135 | +7.8% |
| Remuneration and social security | 454/9 | €157 | €1,234 | +€1,076 | +684% |
| Other amounts payable | 47/48 | €1,659 | - | -€1,659 | |
| Remuneration, social security and pensions | 62 | €7,058 | €9,650 | +€2,592 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,063 | €11,579 | +€3,516 | +43.6% |
| Other operating charges | 640/8 | €4,137 | €2,044 | -€2,093 | -50.6% |
| Gross operating margin | 9900 | €15,355 | €43,540 | +€28,185 | +184% |
| Operating profit (loss) | 9901 | -€3,903 | €20,268 | +€24,170 | |
| Financial income | 75/76B | €776 | - | -€776 | |
| Recurring financial income | 75 | €776 | - | -€776 | |
| Financial charges | 65/66B | €961 | €1,153 | +€192 | +20.0% |
| Recurring financial charges | 65 | €776 | €1,153 | +€378 | +48.7% |
| Non-recurring financial charges | 66B | €185 | - | -€185 | |
| Profit (loss) for the period before taxes | 9903 | -€4,087 | €19,114 | +€23,202 | |
| Profit (loss) for the period | 9904 | -€4,087 | €19,114 | +€23,202 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,087 | €19,114 | +€23,202 |
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 19 October 2026 via checked.be.