SAKEV INVEST: 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.
SAKEV INVEST
Largest movements
- Tangible fixed assets +€69,935
new in 2025: €69,935
of which Assets under construction and advance payments: +€69,000
- Intangible fixed assets -€10,714
down €10,714 (-16.7%), from €64,286 to €53,571
- Receivables within one year -€1,950
down €1,950 (-19.8%), from €9,835 to €7,885
- Other debts +€23,173
up €23,173 (+486%), from €4,772 to €27,945
- Profit (loss) carried forward +€22,541
up €22,541 (+78.3%), from €28,792 to €51,333
- Trade debts +€11,666
up €11,666 (+249%), from €4,683 to €16,350
- Gross operating margin -€7,016
down €7,016 (-11.6%), from €60,227 to €53,211
- Depreciation -€3,774
down €3,774 (-25.9%), from €14,544 to €10,770
- Taxes +€1,466
up €1,466 (+12.8%), from €11,469 to €12,935
- Financial charges +€1,234
up €1,234 (+55.2%), from €2,234 to €3,468
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 | €77,219 | €135,835 | +€58,616 | +75.9% |
| Fixed assets | 21/28 | €64,286 | €123,506 | +€59,221 | +92.1% |
| Intangible fixed assets | 21 | €64,286 | €53,571 | -€10,714 | -16.7% |
| Tangible fixed assets | 22/27 | - | €69,935 | +€69,935 | |
| Furniture and vehicles | 24 | - | €935 | +€935 | |
| Assets under construction and advance payments | 27 | - | €69,000 | +€69,000 | |
| Current assets | 29/58 | €12,933 | €12,329 | -€604 | -4.7% |
| Amounts receivable within one year | 40/41 | €9,835 | €7,885 | -€1,950 | -19.8% |
| Trade receivables | 40 | €9,835 | €7,885 | -€1,950 | -19.8% |
| Cash at bank and in hand | 54/58 | €8 | €3 | -€5 | -66.0% |
| Deferred charges and accrued income | 490/1 | €3,091 | €4,441 | +€1,351 | +43.7% |
| Total equity and liabilities | 10/49 | €77,219 | €135,835 | +€58,616 | +75.9% |
| Equity | 10/15 | €32,792 | €55,333 | +€22,541 | +68.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,792 | €51,333 | +€22,541 | +78.3% |
| Amounts payable | 17/49 | €44,427 | €80,502 | +€36,075 | +81.2% |
| Amounts payable within one year | 42/48 | €44,427 | €79,343 | +€34,915 | +78.6% |
| Trade debts | 44 | €4,683 | €16,350 | +€11,666 | +249% |
| Suppliers | 440/4 | €4,683 | €16,350 | +€11,666 | +249% |
| Taxes, remuneration and social security | 45 | €34,972 | €35,047 | +€76 | +0.2% |
| Taxes | 450/3 | €34,972 | €35,047 | +€76 | +0.2% |
| Other amounts payable | 47/48 | €4,772 | €27,945 | +€23,173 | +486% |
| Accrued charges and deferred income | 492/3 | - | €1,160 | +€1,160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,544 | €10,770 | -€3,774 | -25.9% |
| Other operating charges | 640/8 | €3,188 | €3,497 | +€309 | +9.7% |
| Gross operating margin | 9900 | €60,227 | €53,211 | -€7,016 | -11.6% |
| Operating profit (loss) | 9901 | €42,495 | €38,944 | -€3,551 | -8.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,234 | €3,468 | +€1,234 | +55.2% |
| Recurring financial charges | 65 | €2,234 | €3,468 | +€1,234 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | €40,260 | €35,476 | -€4,784 | -11.9% |
| Income taxes | 67/77 | €11,469 | €12,935 | +€1,466 | +12.8% |
| Profit (loss) for the period | 9904 | €28,792 | €22,541 | -€6,250 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,792 | €22,541 | -€6,250 | -21.7% |
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 1 November 2026 via checked.be.