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SAJEN: 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.

What changed

SAJEN

BE 0683.815.059
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€385
2024 · €2,610-€2,225
Equity
-€2,004
2024 · -€2,390+€385
Cash
€620
2024 · €2,184-€1,564
Balance sheet total
€774
2024 · €2,463-€1,688

Largest movements

2024 to 2025
Assets
  • Cash -€1,564

    down €1,564 (-71.6%), from €2,184 to €620

    mainly Other debts (-€2,018) and Trade debts (-€56)

  • Tangible fixed assets -€124

    down €124 (-44.4%), from €279 to €155

Equity and liabilities
  • Other debts -€2,018

    down €2,018 (-42.1%), from €4,797 to €2,779

  • Profit (loss) carried forward +€385

    up €385 (+4.5%), from -€8,590 to -€8,204

  • Trade debts -€56

    no longer reported in 2025 (was €56)

Income statement
  • Gross operating margin -€2,195

    down €2,195 (-76.0%), from €2,889 to €695

  • Financial charges +€30

    up €30 (+19.5%), from €155 to €185

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €2,610
Gross operating margin -€2,195
Financial charges -€30
Result 2025 €385

Cash bridge derived

cash 2024 to 2025

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.

From operations -€1,564
Investment €0
Financing €0
Cash 2024 €2,184
Net result for the year +€385
Depreciation +€124
Trade debts -€56
Other debts -€2,018
Cash 2025 €620
Every line side by side 23 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,463 €774 -€1,688 -68.6%
Fixed assets 21/28 €279 €155 -€124 -44.4%
Tangible fixed assets 22/27 €279 €155 -€124 -44.4%
Plant, machinery and equipment 23 €279 €155 -€124 -44.4%
Current assets 29/58 €2,184 €620 -€1,564 -71.6%
Cash at bank and in hand 54/58 €2,184 €620 -€1,564 -71.6%
Total equity and liabilities 10/49 €2,463 €774 -€1,688 -68.6%
Equity 10/15 -€2,390 -€2,004 +€385 +16.1%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€8,590 -€8,204 +€385 +4.5%
Amounts payable 17/49 €4,852 €2,779 -€2,074 -42.7%
Amounts payable within one year 42/48 €4,852 €2,779 -€2,074 -42.7%
Trade debts 44 €56 - -€56
Suppliers 440/4 €56 - -€56
Other amounts payable 47/48 €4,797 €2,779 -€2,018 -42.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €124 €124 = 0.0%
Gross operating margin 9900 €2,889 €695 -€2,195 -76.0%
Operating profit (loss) 9901 €2,765 €571 -€2,195 -79.4%
Financial charges 65/66B €155 €185 +€30 +19.5%
Recurring financial charges 65 €155 €185 +€30 +19.5%
Profit (loss) for the period before taxes 9903 €2,610 €385 -€2,225 -85.2%
Profit (loss) for the period 9904 €2,610 €385 -€2,225 -85.2%
Profit (loss) for the period to be appropriated 9905 €2,610 €385 -€2,225 -85.2%

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 11 October 2026 via checked.be.