Saiudalco: what changed
What changed
Saiudalco
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€27,550
2024 · -€71,927+€99,477
Equity
€400,722
2024 · €373,172+€27,550
Cash
€190,494
2024 · €162,757+€27,737
Balance sheet total
€683,423
2024 · €682,899+€524
Largest movements
Assets
- Cash +€27,737
up €27,737 (+17.0%), from €162,757 to €190,494
mainly Net result for the year (+€27,550) and Depreciation (+€23,796)
- Tangible fixed assets -€23,796
down €23,796 (-6.0%), from €395,236 to €371,440
of which Land and buildings: -€22,446
Equity and liabilities
- Profit (loss) carried forward +€27,550
up €27,550 (+10.0%), from €276,159 to €303,708
- Debts after one year -€25,452
down €25,452 (-10.4%), from €245,266 to €219,814
Income statement
- Gross operating margin +€104,475
up €104,475 (+298%), from €35,004 to €139,479
- Staff costs +€2,708
up €2,708 (+3.9%), from €69,955 to €72,663
- Other operating charges +€2,402
up €2,402 (+25.6%), from €9,383 to €11,785
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€71,927
Gross operating margin
+€104,475
Staff costs
-€2,708
Depreciation
+€19
Other operating charges
-€2,402
Financial income
-€456
Financial charges
+€550
Result 2025
€27,550
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€52,898
Investment
€0
Financing
-€25,161
Cash 2024
€162,757
From operations (derived)
+€52,898
Net result for the year
+€27,550
Depreciation
+€23,796
Receivables within one year
+€3,502
Deferred charges and accrued income
-€86
Trade debts
-€2,546
Tax, wage and social debts
+€6,723
Advances received
+€300
Other debts
-€6,341
Financing
-€25,161
Debts after one year
-€25,452
Current portion of long-term debt
+€291
Cash 2025
€190,494
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €682,899 | €683,423 | +€524 | +0.1% |
| Fixed assets | 21/28 | €395,236 | €371,440 | -€23,796 | -6.0% |
| Tangible fixed assets | 22/27 | €395,236 | €371,440 | -€23,796 | -6.0% |
| Land and buildings | 22 | €393,886 | €371,440 | -€22,446 | -5.7% |
| Furniture and vehicles | 24 | €1,350 | - | -€1,350 | |
| Current assets | 29/58 | €287,663 | €311,983 | +€24,320 | +8.5% |
| Amounts receivable within one year | 40/41 | €120,529 | €117,027 | -€3,502 | -2.9% |
| Trade receivables | 40 | €102,141 | €113,248 | +€11,107 | +10.9% |
| Other amounts receivable | 41 | €18,388 | €3,779 | -€14,609 | -79.4% |
| Cash at bank and in hand | 54/58 | €162,757 | €190,494 | +€27,737 | +17.0% |
| Deferred charges and accrued income | 490/1 | €4,376 | €4,461 | +€86 | +2.0% |
| Total equity and liabilities | 10/49 | €682,899 | €683,423 | +€524 | +0.1% |
| Equity | 10/15 | €373,172 | €400,722 | +€27,550 | +7.4% |
| Contributions | 10/11 | €68,500 | €68,500 | = | 0.0% |
| Reserves | 13 | €28,514 | €28,514 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,850 | €6,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,850 | €6,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,528 | €3,528 | = | 0.0% |
| Distributable reserves | 133 | €18,136 | €18,136 | = | 0.0% |
| Profit (loss) carried forward | 14 | €276,159 | €303,708 | +€27,550 | +10.0% |
| Amounts payable | 17/49 | €309,726 | €282,700 | -€27,026 | -8.7% |
| Amounts payable after more than one year | 17 | €245,266 | €219,814 | -€25,452 | -10.4% |
| Financial debts | 170/4 | €245,266 | €219,814 | -€25,452 | -10.4% |
| Amounts payable within one year | 42/48 | €64,460 | €62,887 | -€1,574 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €25,161 | €25,452 | +€291 | +1.2% |
| Trade debts | 44 | €25,431 | €22,885 | -€2,546 | -10.0% |
| Suppliers | 440/4 | €25,431 | €22,885 | -€2,546 | -10.0% |
| Advances received on contracts in progress | 46 | - | €300 | +€300 | |
| Taxes, remuneration and social security | 45 | €838 | €7,561 | +€6,723 | +802% |
| Taxes | 450/3 | - | €2,628 | +€2,628 | |
| Remuneration and social security | 454/9 | €838 | €4,933 | +€4,095 | +489% |
| Other amounts payable | 47/48 | €13,030 | €6,688 | -€6,341 | -48.7% |
| Non-recurring operating income | 76A | - | €7,851 | +€7,851 | |
| Remuneration, social security and pensions | 62 | €69,955 | €72,663 | +€2,708 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,815 | €23,796 | -€19 | -0.1% |
| Other operating charges | 640/8 | €9,383 | €11,785 | +€2,402 | +25.6% |
| Gross operating margin | 9900 | €35,004 | €139,479 | +€104,475 | +298% |
| Operating profit (loss) | 9901 | -€68,148 | €31,235 | +€99,383 | |
| Financial income | 75/76B | €578 | €122 | -€456 | -78.9% |
| Recurring financial income | 75 | €578 | €122 | -€456 | -78.9% |
| Financial charges | 65/66B | €4,357 | €3,807 | -€550 | -12.6% |
| Recurring financial charges | 65 | €4,357 | €3,807 | -€550 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | -€71,927 | €27,550 | +€99,477 | |
| Profit (loss) for the period | 9904 | -€71,927 | €27,550 | +€99,477 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,927 | €27,550 | +€99,477 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.