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SAKER ESTATES: 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.

What changed

SAKER ESTATES

BE 0768.908.013
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,233
2024 · €9,531-€7,298
Equity
€28,286
2024 · €26,053+€2,233
Cash
€163
2024 · €327-€163
Balance sheet total
€140,989
2024 · €124,168+€16,821

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€15,550

    up €15,550 (+14.0%), from €110,961 to €126,511

    of which Furniture and vehicles: +€19,084

Equity and liabilities
  • Other debts +€26,331

    up €26,331 (+171.3%), from €15,368 to €41,699

  • Trade debts -€8,003

    down €8,003 (-90.3%), from €8,859 to €856

  • Debts after one year -€5,195

    down €5,195 (-8.4%), from €61,880 to €56,685

  • Reserves +€2,233

    up €2,233 (+17.8%), from €12,531 to €14,764

Income statement
  • Gross operating margin -€19,071

    down €19,071 (-61.9%), from €30,814 to €11,744

  • Other operating charges -€6,667

    down €6,667 (-75.2%), from €8,867 to €2,200

  • Taxes -€4,657

    down €4,657 (-74.4%), from €6,258 to €1,601

  • Financial charges -€324

    down €324 (-14.0%), from €2,313 to €1,989

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 €9,531
Gross operating margin -€19,071
Depreciation -€117
Other operating charges +€6,667
Financial income +€242
Financial charges +€324
Taxes +€4,657
Result 2025 €2,233

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 +€24,447
Investment -€19,512
Financing -€5,098
Cash 2024 €327
Net result for the year +€2,233
Depreciation +€3,962
Receivables within one year -€1,056
Deferred charges and accrued income -€379
Trade debts -€8,003
Tax, wage and social debts +€1,359
Other debts +€26,331
Investment in fixed assets (net) -€19,512
Debts after one year -€5,195
Current portion of long-term debt +€97
Cash 2025 €163
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €124,168 €140,989 +€16,821 +13.5%
Fixed assets 21/28 €110,961 €126,511 +€15,550 +14.0%
Tangible fixed assets 22/27 €110,961 €126,511 +€15,550 +14.0%
Land and buildings 22 €110,961 €107,427 -€3,535 -3.2%
Furniture and vehicles 24 - €19,084 +€19,084
Current assets 29/58 €13,207 €14,478 +€1,272 +9.6%
Amounts receivable within one year 40/41 €11,067 €12,124 +€1,056 +9.5%
Trade receivables 40 €1,015 €566 -€450 -44.3%
Other amounts receivable 41 €10,052 €11,558 +€1,506 +15.0%
Cash at bank and in hand 54/58 €327 €163 -€163 -50.0%
Deferred charges and accrued income 490/1 €1,812 €2,191 +€379 +20.9%
Total equity and liabilities 10/49 €124,168 €140,989 +€16,821 +13.5%
Equity 10/15 €26,053 €28,286 +€2,233 +8.6%
Contributions 10/11 €5,000 €5,000 = 0.0%
Outside capital 11 €5,000 €5,000 = 0.0%
Other 1109/19 €5,000 €5,000 = 0.0%
Reserves 13 €12,531 €14,764 +€2,233 +17.8%
Distributable reserves 133 €12,531 €14,764 +€2,233 +17.8%
Profit (loss) carried forward 14 €8,522 €8,522 = 0.0%
Amounts payable 17/49 €98,115 €112,704 +€14,589 +14.9%
Amounts payable after more than one year 17 €61,880 €56,685 -€5,195 -8.4%
Financial debts 170/4 €61,880 €56,685 -€5,195 -8.4%
Amounts payable within one year 42/48 €36,235 €56,019 +€19,784 +54.6%
Current portion of amounts payable after more than one year 42 €5,098 €5,195 +€97 +1.9%
Trade debts 44 €8,859 €856 -€8,003 -90.3%
Suppliers 440/4 €8,859 €856 -€8,003 -90.3%
Taxes, remuneration and social security 45 €6,910 €8,268 +€1,359 +19.7%
Taxes 450/3 €6,910 €8,268 +€1,359 +19.7%
Other amounts payable 47/48 €15,368 €41,699 +€26,331 +171.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,846 €3,962 +€117 +3.0%
Other operating charges 640/8 €8,867 €2,200 -€6,667 -75.2%
Gross operating margin 9900 €30,814 €11,744 -€19,071 -61.9%
Operating profit (loss) 9901 €18,101 €5,581 -€12,520 -69.2%
Financial income 75/76B €1 €242 +€242 +34541.4%
Recurring financial income 75 €1 €242 +€242 +34541.4%
Financial charges 65/66B €2,313 €1,989 -€324 -14.0%
Recurring financial charges 65 €2,313 €1,989 -€324 -14.0%
Profit (loss) for the period before taxes 9903 €15,789 €3,834 -€11,955 -75.7%
Income taxes 67/77 €6,258 €1,601 -€4,657 -74.4%
Profit (loss) for the period 9904 €9,531 €2,233 -€7,298 -76.6%
Profit (loss) for the period to be appropriated 9905 €9,531 €2,233 -€7,298 -76.6%

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 29 September 2026 via checked.be.