SAKA: 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.
SAKA
Largest movements
- Tangible fixed assets +€44,840
up €44,840 (+159.5%), from €28,107 to €72,947
of which Furniture and vehicles: +€45,078
- Receivables within one year +€41,707
up €41,707 (+26.4%), from €158,188 to €199,895
of which Other amounts receivable: +€41,507
- Cash +€31,413
up €31,413 (+35.6%), from €88,138 to €119,551
mainly Net result for the year (+€171,451) and Other debts (+€79,136)
- Deferred charges and accrued income +€12,502
up €12,502 (+22.7%), from €54,970 to €67,473
- Other debts +€79,136
up €79,136 (+134.9%), from €58,657 to €137,793
- Tax, wage and social debts +€28,511
up €28,511 (+115.6%), from €24,667 to €53,179
- Reserves +€24,079
up €24,079 (+6.8%), from €351,838 to €375,917
- Gross operating margin +€30,364
up €30,364 (+12.4%), from €244,689 to €275,053
- Depreciation +€13,095
up €13,095 (+98.5%), from €13,299 to €26,394
- Taxes +€11,493
up €11,493 (+17.1%), from €67,107 to €78,600
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 | €454,404 | €584,866 | +€130,463 | +28.7% |
| Fixed assets | 21/28 | €28,107 | €72,947 | +€44,840 | +159.5% |
| Tangible fixed assets | 22/27 | €28,107 | €72,947 | +€44,840 | +159.5% |
| Land and buildings | 22 | €1,115 | €878 | -€238 | -21.3% |
| Furniture and vehicles | 24 | €26,992 | €72,070 | +€45,078 | +167.0% |
| Current assets | 29/58 | €426,296 | €511,919 | +€85,623 | +20.1% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Other amounts receivable | 291 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €158,188 | €199,895 | +€41,707 | +26.4% |
| Trade receivables | 40 | €2,040 | €2,241 | +€201 | +9.8% |
| Other amounts receivable | 41 | €156,148 | €197,655 | +€41,507 | +26.6% |
| Cash at bank and in hand | 54/58 | €88,138 | €119,551 | +€31,413 | +35.6% |
| Deferred charges and accrued income | 490/1 | €54,970 | €67,473 | +€12,502 | +22.7% |
| Total equity and liabilities | 10/49 | €454,404 | €584,866 | +€130,463 | +28.7% |
| Equity | 10/15 | €364,238 | €388,317 | +€24,079 | +6.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €351,838 | €375,917 | +€24,079 | +6.8% |
| Distributable reserves | 133 | €351,838 | €375,917 | +€24,079 | +6.8% |
| Amounts payable | 17/49 | €90,166 | €196,549 | +€106,384 | +118.0% |
| Amounts payable within one year | 42/48 | €89,845 | €196,549 | +€106,704 | +118.8% |
| Trade debts | 44 | €6,520 | €5,577 | -€943 | -14.5% |
| Suppliers | 440/4 | €6,520 | €5,577 | -€943 | -14.5% |
| Taxes, remuneration and social security | 45 | €24,667 | €53,179 | +€28,511 | +115.6% |
| Taxes | 450/3 | €24,667 | €53,179 | +€28,511 | +115.6% |
| Other amounts payable | 47/48 | €58,657 | €137,793 | +€79,136 | +134.9% |
| Accrued charges and deferred income | 492/3 | €321 | - | -€321 | |
| Non-recurring operating income | 76A | - | €2,100 | +€2,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,299 | €26,394 | +€13,095 | +98.5% |
| Other operating charges | 640/8 | €3,633 | €1,979 | -€1,655 | -45.5% |
| Gross operating margin | 9900 | €244,689 | €275,053 | +€30,364 | +12.4% |
| Operating profit (loss) | 9901 | €227,757 | €246,680 | +€18,923 | +8.3% |
| Financial income | 75/76B | €3,555 | €3,547 | -€8 | -0.2% |
| Recurring financial income | 75 | €3,555 | €3,547 | -€8 | -0.2% |
| Financial charges | 65/66B | €170 | €175 | +€5 | +2.9% |
| Recurring financial charges | 65 | €170 | €175 | +€5 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €231,141 | €250,051 | +€18,910 | +8.2% |
| Income taxes | 67/77 | €67,107 | €78,600 | +€11,493 | +17.1% |
| Profit (loss) for the period | 9904 | €164,034 | €171,451 | +€7,417 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €164,034 | €171,451 | +€7,417 | +4.5% |
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 4 October 2026 via checked.be.