SAKINA TRADING: 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.
SAKINA TRADING
Largest movements
- Stocks and contracts +€153,613
up €153,613 (+107%), from €143,822 to €297,435
- Receivables within one year +€140,674
up €140,674 (+11.7%), from €1.2m to €1.3m
of which Other amounts receivable: +€340,989
- Cash +€88,612
up €88,612 (+53.1%), from €166,937 to €255,549
mainly Trade debts (+€274,218) and Net result for the year (+€131,892)
- Trade debts +€274,218
up €274,218 (+48.8%), from €562,091 to €836,310
- Reserves +€131,892
up €131,892 (+8.3%), from €1.6m to €1.7m
of which Distributable reserves: +€131,892
- Tax, wage and social debts -€108,142
down €108,142 (-50.4%), from €214,392 to €106,250
of which Taxes: -€126,239
- Current portion of long-term debt +€47,406
up €47,406 (+103%), from €46,082 to €93,488
- Staff costs +€153,637
up €153,637 (+109%), from €141,193 to €294,830
- Gross operating margin -€130,276
down €130,276 (-16.0%), from €815,795 to €685,519
- Taxes -€101,346
down €101,346 (-61.6%), from €164,418 to €63,072
- Financial charges +€61,339
up €61,339 (+322%), from €19,056 to €80,395
- Write-downs -€29,531
down €29,531 (-100%), from €29,531 to €0
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 | €2,680,261 | €3,030,631 | +€350,370 | +13.1% |
| Fixed assets | 21/28 | €380,675 | €363,539 | -€17,136 | -4.5% |
| Intangible fixed assets | 21 | €13,224 | €7,266 | -€5,958 | -45.1% |
| Tangible fixed assets | 22/27 | €342,380 | €331,202 | -€11,178 | -3.3% |
| Plant, machinery and equipment | 23 | €2,860 | €9,009 | +€6,149 | +215% |
| Furniture and vehicles | 24 | €26,599 | €13,887 | -€12,712 | -47.8% |
| Leasing and similar rights | 25 | €29,465 | €16,782 | -€12,682 | -43.0% |
| Other tangible fixed assets | 26 | €283,457 | €291,524 | +€8,067 | +2.8% |
| Financial fixed assets | 28 | €25,071 | €25,071 | = | 0.0% |
| Current assets | 29/58 | €2,299,586 | €2,667,092 | +€367,505 | +16.0% |
| Amounts receivable after more than one year | 29 | €750,000 | €750,000 | = | 0.0% |
| Other amounts receivable | 291 | €750,000 | €750,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €143,822 | €297,435 | +€153,613 | +107% |
| Stocks | 30/36 | €143,822 | €297,435 | +€153,613 | +107% |
| Amounts receivable within one year | 40/41 | €1,200,420 | €1,341,095 | +€140,674 | +11.7% |
| Trade receivables | 40 | €917,855 | €717,541 | -€200,315 | -21.8% |
| Other amounts receivable | 41 | €282,565 | €623,554 | +€340,989 | +121% |
| Cash at bank and in hand | 54/58 | €166,937 | €255,549 | +€88,612 | +53.1% |
| Deferred charges and accrued income | 490/1 | €38,406 | €23,013 | -€15,393 | -40.1% |
| Total equity and liabilities | 10/49 | €2,680,261 | €3,030,631 | +€350,370 | +13.1% |
| Equity | 10/15 | €1,614,834 | €1,746,726 | +€131,892 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,596,234 | €1,728,126 | +€131,892 | +8.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,596,234 | €1,728,126 | +€131,892 | +8.3% |
| Amounts payable | 17/49 | €1,065,427 | €1,283,905 | +€218,478 | +20.5% |
| Amounts payable after more than one year | 17 | €208,947 | €222,554 | +€13,607 | +6.5% |
| Financial debts | 170/4 | €208,947 | €222,554 | +€13,607 | +6.5% |
| Amounts payable within one year | 42/48 | €856,450 | €1,061,325 | +€204,875 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €46,082 | €93,488 | +€47,406 | +103% |
| Financial debts | 43 | €33,756 | €25,277 | -€8,479 | -25.1% |
| Credit institutions | 430/8 | €33,756 | €25,277 | -€8,479 | -25.1% |
| Trade debts | 44 | €562,091 | €836,310 | +€274,218 | +48.8% |
| Suppliers | 440/4 | €562,091 | €836,310 | +€274,218 | +48.8% |
| Advances received on contracts in progress | 46 | €128 | €0 | -€128 | -100% |
| Taxes, remuneration and social security | 45 | €214,392 | €106,250 | -€108,142 | -50.4% |
| Taxes | 450/3 | €191,260 | €65,022 | -€126,239 | -66.0% |
| Remuneration and social security | 454/9 | €23,131 | €41,228 | +€18,097 | +78.2% |
| Accrued charges and deferred income | 492/3 | €30 | €26 | -€5 | -15.4% |
| Non-recurring operating income | 76A | €9,630 | €1,266 | -€8,364 | -86.9% |
| Remuneration, social security and pensions | 62 | €141,193 | €294,830 | +€153,637 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,117 | €90,650 | +€9,533 | +11.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,531 | €0 | -€29,531 | -100% |
| Other operating charges | 640/8 | €8,930 | €11,161 | +€2,231 | +25.0% |
| Non-recurring operating charges | 66A | €2,114 | €13,833 | +€11,719 | +554% |
| Gross operating margin | 9900 | €815,795 | €685,519 | -€130,276 | -16.0% |
| Operating profit (loss) | 9901 | €552,910 | €275,046 | -€277,865 | -50.3% |
| Financial income | 75/76B | €0 | €314 | +€314 | |
| Recurring financial income | 75 | €0 | €314 | +€314 | |
| Financial charges | 65/66B | €19,056 | €80,395 | +€61,339 | +322% |
| Recurring financial charges | 65 | €19,056 | €80,395 | +€61,339 | +322% |
| Profit (loss) for the period before taxes | 9903 | €533,854 | €194,965 | -€338,889 | -63.5% |
| Income taxes | 67/77 | €164,418 | €63,072 | -€101,346 | -61.6% |
| Profit (loss) for the period | 9904 | €369,436 | €131,892 | -€237,544 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €369,436 | €131,892 | -€237,544 | -64.3% |
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 30 October 2026 via checked.be.