Saki: 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.
Saki
Largest movements
- Tangible fixed assets +€144,084
up €144,084 (+74.1%), from €194,576 to €338,661
of which Assets under construction and advance payments: +€159,318
- Current investments -€117,073
no longer reported in 2025 (was €117,073)
- Receivables after one year +€117,000
new in 2025: €117,000
- Receivables within one year -€37,640
no longer reported in 2025 (was €37,640)
- Debts after one year +€94,741
new in 2025: €94,741
- Profit (loss) carried forward +€16,406
up €16,406 (+14.8%), from €111,034 to €127,440
- Financial income +€48,673
new in 2025: €48,673
of which Non-recurring financial income: +€39,738
- Gross operating margin -€7,937
down €7,937 (-111.7%), from -€7,107 to -€15,044
- Financial charges +€2,079
up €2,079 (+94.3%), from €2,204 to €4,283
- Taxes +€1,913
new in 2025: €1,913
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 | €352,860 | €455,793 | +€102,933 | +29.2% |
| Fixed assets | 21/28 | €194,668 | €338,753 | +€144,084 | +74.0% |
| Tangible fixed assets | 22/27 | €194,576 | €338,661 | +€144,084 | +74.1% |
| Land and buildings | 22 | €76,290 | €61,056 | -€15,233 | -20.0% |
| Furniture and vehicles | 24 | €118,287 | €118,287 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €159,318 | +€159,318 | |
| Financial fixed assets | 28 | €92 | €92 | = | 0.0% |
| Current assets | 29/58 | €158,192 | €117,041 | -€41,151 | -26.0% |
| Amounts receivable after more than one year | 29 | - | €117,000 | +€117,000 | |
| Other amounts receivable | 291 | - | €117,000 | +€117,000 | |
| Amounts receivable within one year | 40/41 | €37,640 | - | -€37,640 | |
| Other amounts receivable | 41 | €37,640 | - | -€37,640 | |
| Current investments | 50/53 | €117,073 | - | -€117,073 | |
| Cash at bank and in hand | 54/58 | €3,479 | €41 | -€3,438 | -98.8% |
| Total equity and liabilities | 10/49 | €352,860 | €455,793 | +€102,933 | +29.2% |
| Equity | 10/15 | €189,173 | €202,252 | +€13,078 | +6.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €16,640 | €13,312 | -€3,328 | -20.0% |
| Tax-exempt reserves | 132 | €16,640 | €13,312 | -€3,328 | -20.0% |
| Profit (loss) carried forward | 14 | €111,034 | €127,440 | +€16,406 | +14.8% |
| Provisions and deferred taxes | 16 | €8,572 | €6,858 | -€1,714 | -20.0% |
| Deferred taxes | 168 | €8,572 | €6,858 | -€1,714 | -20.0% |
| Amounts payable | 17/49 | €155,115 | €246,684 | +€91,569 | +59.0% |
| Amounts payable after more than one year | 17 | - | €94,741 | +€94,741 | |
| Financial debts | 170/4 | - | €94,741 | +€94,741 | |
| Amounts payable within one year | 42/48 | €155,115 | €151,543 | -€3,572 | -2.3% |
| Financial debts | 43 | - | €66 | +€66 | |
| Credit institutions | 430/8 | - | €66 | +€66 | |
| Trade debts | 44 | - | €239 | +€239 | |
| Suppliers | 440/4 | - | €239 | +€239 | |
| Other amounts payable | 47/48 | €155,115 | €151,238 | -€3,877 | -2.5% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,246 | €15,233 | -€12 | -0.1% |
| Other operating charges | 640/8 | €782 | €835 | +€53 | +6.8% |
| Gross operating margin | 9900 | -€7,107 | -€15,044 | -€7,937 | -111.7% |
| Operating profit (loss) | 9901 | -€23,134 | -€31,112 | -€7,978 | -34.5% |
| Financial income | 75/76B | - | €48,673 | +€48,673 | |
| Recurring financial income | 75 | - | €8,935 | +€8,935 | |
| Non-recurring financial income | 76B | - | €39,738 | +€39,738 | |
| Financial charges | 65/66B | €2,204 | €4,283 | +€2,079 | +94.3% |
| Recurring financial charges | 65 | €2,204 | €4,283 | +€2,079 | +94.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,338 | €13,278 | +€38,615 | |
| Transfer from deferred taxes | 780 | €1,714 | €1,714 | = | 0.0% |
| Income taxes | 67/77 | - | €1,913 | +€1,913 | |
| Profit (loss) for the period | 9904 | -€23,623 | €13,078 | +€36,702 | |
| Transfer from tax-exempt reserves | 789 | €3,328 | €3,328 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,296 | €16,406 | +€36,702 |
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 8 October 2026 via checked.be.