SAJE: 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.
SAJE
Largest movements
- Cash +€6,217
up €6,217 (+91,826%), from €7 to €6,223
mainly Net result for the year (+€9,835) and Investment in fixed assets (net) (+€2,610)
- Intangible fixed assets -€3,185
down €3,185 (-100%), from €3,185 to €0
- Receivables within one year +€461
up €461 (+257%), from €179 to €640
of which Other amounts receivable: +€461
- Profit (loss) carried forward +€9,835
up €9,835 (+72.7%), from -€13,521 to -€3,687
- Other debts -€4,708
down €4,708 (-38.6%), from €12,208 to €7,500
- Trade debts -€1,514
down €1,514 (-96.8%), from €1,564 to €50
- Tax, wage and social debts -€120
down €120 (-100%), from €120 to €0
- Gross operating margin +€14,571
up €14,571, from -€1,008 to €13,563
- Depreciation -€1,013
down €1,013 (-63.8%), from €1,588 to €575
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 | €3,371 | €6,863 | +€3,493 | +104% |
| Fixed assets | 21/28 | €3,185 | €0 | -€3,185 | -100% |
| Intangible fixed assets | 21 | €3,185 | €0 | -€3,185 | -100% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €186 | €6,863 | +€6,678 | +3,592% |
| Amounts receivable within one year | 40/41 | €179 | €640 | +€461 | +257% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €179 | €640 | +€461 | +257% |
| Cash at bank and in hand | 54/58 | €7 | €6,223 | +€6,217 | +91,826% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,371 | €6,863 | +€3,493 | +104% |
| Equity | 10/15 | -€10,521 | -€687 | +€9,835 | +93.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,521 | -€3,687 | +€9,835 | +72.7% |
| Amounts payable | 17/49 | €13,892 | €7,550 | -€6,342 | -45.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,892 | €7,550 | -€6,342 | -45.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,564 | €50 | -€1,514 | -96.8% |
| Suppliers | 440/4 | €1,564 | €50 | -€1,514 | -96.8% |
| Taxes, remuneration and social security | 45 | €120 | €0 | -€120 | -100% |
| Taxes | 450/3 | €120 | €0 | -€120 | -100% |
| Other amounts payable | 47/48 | €12,208 | €7,500 | -€4,708 | -38.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,588 | €575 | -€1,013 | -63.8% |
| Other operating charges | 640/8 | €406 | €400 | -€7 | -1.7% |
| Non-recurring operating charges | 66A | €0 | €2,610 | +€2,610 | |
| Gross operating margin | 9900 | -€1,008 | €13,563 | +€14,571 | |
| Operating profit (loss) | 9901 | -€3,002 | €9,978 | +€12,981 | |
| Financial charges | 65/66B | €185 | €144 | -€42 | -22.5% |
| Recurring financial charges | 65 | €185 | €144 | -€42 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,188 | €9,835 | +€13,023 | |
| Profit (loss) for the period | 9904 | -€3,188 | €9,835 | +€13,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,188 | €9,835 | +€13,023 |
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 13 October 2026 via checked.be.