SAJAREMAS: what changed
Two fiscal 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.
SAJAREMAS
Largest movements
- Receivables within one year +€453
new in 2025: €453
- Cash +€392
up €392 (+47.5%), from €826 to €1,219
mainly Net result for the year (+€836) and Tax, wage and social debts (+€100)
- Profit (loss) carried forward +€836
up €836 (+66.1%), from -€1,264 to -€428
- Tax, wage and social debts +€100
new in 2025: €100
- Other debts -€90
no longer reported in 2025 (was €90)
- Gross operating margin +€1,991
up €1,991, from -€1,148 to €843
- Financial charges -€109
down €109 (-93.9%), from €116 to €7
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.
Cash bridge derived
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 | €826 | €1,672 | +€846 | +102.3% |
| Current assets | 29/58 | €826 | €1,672 | +€846 | +102.3% |
| Amounts receivable within one year | 40/41 | - | €453 | +€453 | |
| Other amounts receivable | 41 | - | €453 | +€453 | |
| Cash at bank and in hand | 54/58 | €826 | €1,219 | +€392 | +47.5% |
| Total equity and liabilities | 10/49 | €826 | €1,672 | +€846 | +102.3% |
| Equity | 10/15 | €736 | €1,572 | +€836 | +113.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,264 | -€428 | +€836 | +66.1% |
| Amounts payable | 17/49 | €90 | €100 | +€10 | +10.6% |
| Amounts payable within one year | 42/48 | €90 | €100 | +€10 | +10.6% |
| Taxes, remuneration and social security | 45 | - | €100 | +€100 | |
| Remuneration and social security | 454/9 | - | €100 | +€100 | |
| Other amounts payable | 47/48 | €90 | - | -€90 | |
| Gross operating margin | 9900 | -€1,148 | €843 | +€1,991 | |
| Operating profit (loss) | 9901 | -€1,148 | €843 | +€1,991 | |
| Financial charges | 65/66B | €116 | €7 | -€109 | -93.9% |
| Recurring financial charges | 65 | €116 | €7 | -€109 | -93.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,264 | €836 | +€2,100 | |
| Profit (loss) for the period | 9904 | -€1,264 | €836 | +€2,100 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,264 | €836 | +€2,100 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.