SAIRSO: 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.
SAIRSO
Largest movements
- Cash +€52,906
up €52,906 (+18.6%), from €284,112 to €337,018
mainly Accrued charges and deferred income (+€37,547) and Net result for the year (+€13,071)
- Receivables within one year -€5,751
down €5,751 (-7.4%), from €77,546 to €71,795
- Accrued charges and deferred income +€37,547
up €37,547 (+48.2%), from €77,837 to €115,384
- Profit (loss) carried forward +€13,071
up €13,071 (+10.8%), from €121,528 to €134,599
- Gross operating margin +€71,376
up €71,376 (+12.0%), from €593,358 to €664,734
- Turnover +€69,446
up €69,446 (+10.4%), from €668,609 to €738,054
- Staff costs +€56,470
up €56,470 (+9.6%), from €590,764 to €647,234
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 | €374,074 | €420,594 | +€46,521 | +12.4% |
| Fixed assets | 21/28 | €6,367 | €5,159 | -€1,209 | -19.0% |
| Tangible fixed assets | 22/27 | €3,240 | €2,031 | -€1,209 | -37.3% |
| Furniture and vehicles | 24 | €701 | - | -€701 | |
| Other tangible fixed assets | 26 | €2,539 | €2,031 | -€508 | -20.0% |
| Financial fixed assets | 28 | €3,128 | €3,128 | = | 0.0% |
| Current assets | 29/58 | €367,706 | €415,435 | +€47,729 | +13.0% |
| Amounts receivable within one year | 40/41 | €77,546 | €71,795 | -€5,751 | -7.4% |
| Other amounts receivable | 41 | €77,546 | €71,795 | -€5,751 | -7.4% |
| Cash at bank and in hand | 54/58 | €284,112 | €337,018 | +€52,906 | +18.6% |
| Deferred charges and accrued income | 490/1 | €6,048 | €6,623 | +€575 | +9.5% |
| Total equity and liabilities | 10/49 | €374,074 | €420,594 | +€46,521 | +12.4% |
| Equity | 10/15 | €121,528 | €134,599 | +€13,071 | +10.8% |
| Profit (loss) carried forward | 14 | €121,528 | €134,599 | +€13,071 | +10.8% |
| Amounts payable | 17/49 | €252,546 | €285,995 | +€33,449 | +13.2% |
| Amounts payable within one year | 42/48 | €174,708 | €170,611 | -€4,097 | -2.3% |
| Trade debts | 44 | €2,962 | €8,633 | +€5,671 | +191% |
| Suppliers | 440/4 | €2,962 | €8,633 | +€5,671 | +191% |
| Taxes, remuneration and social security | 45 | €95,624 | €102,303 | +€6,679 | +7.0% |
| Taxes | 450/3 | €17,325 | €19,421 | +€2,095 | +12.1% |
| Remuneration and social security | 454/9 | €78,299 | €82,882 | +€4,584 | +5.9% |
| Accrued charges and deferred income | 492/3 | €77,837 | €115,384 | +€37,547 | +48.2% |
| Turnover | 70 | €668,609 | €738,054 | +€69,446 | +10.4% |
| Remuneration, social security and pensions | 62 | €590,764 | €647,234 | +€56,470 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,209 | €1,209 | = | 0.0% |
| Other operating charges | 640/8 | - | €3,774 | +€3,774 | |
| Non-recurring operating charges | 66A | €1,535 | - | -€1,535 | |
| Gross operating margin | 9900 | €593,358 | €664,734 | +€71,376 | +12.0% |
| Operating profit (loss) | 9901 | -€150 | €12,517 | +€12,667 | |
| Financial income | 75/76B | €1,191 | €1,118 | -€73 | -6.1% |
| Recurring financial income | 75 | €1,191 | €1,118 | -€73 | -6.1% |
| Financial charges | 65/66B | €157 | €563 | +€406 | +259% |
| Recurring financial charges | 65 | €157 | €563 | +€406 | +259% |
| Profit (loss) for the period before taxes | 9903 | €884 | €13,071 | +€12,187 | +1,379% |
| Income taxes | 67/77 | €1,896 | - | -€1,896 | |
| Profit (loss) for the period | 9904 | -€1,012 | €13,071 | +€14,084 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,012 | €13,071 | +€14,084 |
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 17 October 2026 via checked.be.