SAJU: 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.
SAJU
Largest movements
- Receivables within one year +€49,684
up €49,684 (+94.9%), from €52,337 to €102,021
of which Other amounts receivable: +€51,452
- Cash -€5,964
down €5,964 (-26.2%), from €22,756 to €16,792
mainly Receivables within one year (-€49,684) and Investment in fixed assets (net) (-€4,000)
- Tangible fixed assets +€2,776
up €2,776 (+95.2%), from €2,916 to €5,691
of which Other tangible fixed assets: +€4,000
- Profit (loss) carried forward +€41,986
up €41,986 (+86.1%), from €48,742 to €90,728
- Tax, wage and social debts +€3,084
up €3,084 (+12.7%), from €24,236 to €27,320
- Trade debts +€1,753
up €1,753 (+39.4%), from €4,454 to €6,207
- Gross operating margin +€23,062
up €23,062 (+68.6%), from €33,614 to €56,676
- Financial income +€2,421
up €2,421 (+140.2%), from €1,726 to €4,147
- Taxes +€1,939
up €1,939 (+15.3%), from €12,663 to €14,602
- Financial charges +€1,396
up €1,396 (+86.5%), from €1,614 to €3,010
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 | €78,431 | €125,255 | +€46,823 | +59.7% |
| Fixed assets | 21/28 | €2,916 | €5,691 | +€2,776 | +95.2% |
| Tangible fixed assets | 22/27 | €2,916 | €5,691 | +€2,776 | +95.2% |
| Furniture and vehicles | 24 | €2,916 | €1,691 | -€1,224 | -42.0% |
| Other tangible fixed assets | 26 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €75,516 | €119,564 | +€44,048 | +58.3% |
| Amounts receivable within one year | 40/41 | €52,337 | €102,021 | +€49,684 | +94.9% |
| Trade receivables | 40 | €13,755 | €11,988 | -€1,767 | -12.8% |
| Other amounts receivable | 41 | €38,582 | €90,034 | +€51,452 | +133.4% |
| Cash at bank and in hand | 54/58 | €22,756 | €16,792 | -€5,964 | -26.2% |
| Deferred charges and accrued income | 490/1 | €422 | €750 | +€328 | +77.8% |
| Total equity and liabilities | 10/49 | €78,431 | €125,255 | +€46,823 | +59.7% |
| Equity | 10/15 | €49,742 | €91,728 | +€41,986 | +84.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,742 | €90,728 | +€41,986 | +86.1% |
| Amounts payable | 17/49 | €28,690 | €33,527 | +€4,837 | +16.9% |
| Amounts payable within one year | 42/48 | €28,690 | €33,527 | +€4,837 | +16.9% |
| Trade debts | 44 | €4,454 | €6,207 | +€1,753 | +39.4% |
| Suppliers | 440/4 | €4,454 | €6,207 | +€1,753 | +39.4% |
| Taxes, remuneration and social security | 45 | €24,236 | €27,320 | +€3,084 | +12.7% |
| Taxes | 450/3 | €24,236 | €27,320 | +€3,084 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,734 | €1,224 | -€509 | -29.4% |
| Other operating charges | 640/8 | €517 | - | -€517 | |
| Gross operating margin | 9900 | €33,614 | €56,676 | +€23,062 | +68.6% |
| Operating profit (loss) | 9901 | €31,363 | €55,451 | +€24,089 | +76.8% |
| Financial income | 75/76B | €1,726 | €4,147 | +€2,421 | +140.2% |
| Recurring financial income | 75 | €1,726 | €4,147 | +€2,421 | +140.2% |
| Financial charges | 65/66B | €1,614 | €3,010 | +€1,396 | +86.5% |
| Recurring financial charges | 65 | €1,614 | €3,010 | +€1,396 | +86.5% |
| Profit (loss) for the period before taxes | 9903 | €31,475 | €56,588 | +€25,113 | +79.8% |
| Income taxes | 67/77 | €12,663 | €14,602 | +€1,939 | +15.3% |
| Profit (loss) for the period | 9904 | €18,813 | €41,986 | +€23,173 | +123.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,813 | €41,986 | +€23,173 | +123.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.