SAKIR: 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.
SAKIR
Largest movements
- Stocks and contracts +€41,061
up €41,061 (+41.0%), from €100,260 to €141,321
- Cash -€9,116
down €9,116 (-64.7%), from €14,082 to €4,966
mainly Stocks and contracts (-€41,061) and Debts after one year (-€5,714)
- Tangible fixed assets -€5,166
no longer reported in 2025 (was €5,166)
- Receivables within one year +€4,259
up €4,259 (+89.3%), from €4,768 to €9,027
- Trade debts +€46,491
up €46,491 (+61.8%), from €75,236 to €121,727
- Debts after one year -€5,714
no longer reported in 2025 (was €5,714)
- Tax, wage and social debts -€4,328
down €4,328 (-84.9%), from €5,098 to €771
of which Remuneration and social security: -€4,328
- Other debts -€3,794
down €3,794 (-32.4%), from €11,702 to €7,908
- Staff costs +€28,822
up €28,822 (+340%), from €8,467 to €37,289
- Gross operating margin +€28,644
up €28,644 (+167%), from €17,157 to €45,801
- Financial charges -€1,286
down €1,286 (-42.3%), from €3,036 to €1,751
- Taxes +€1,041
new in 2025: €1,041
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 | €127,906 | €159,926 | +€32,020 | +25.0% |
| Fixed assets | 21/28 | €8,796 | €3,630 | -€5,166 | -58.7% |
| Tangible fixed assets | 22/27 | €5,166 | - | -€5,166 | |
| Furniture and vehicles | 24 | €5,166 | - | -€5,166 | |
| Financial fixed assets | 28 | €3,630 | €3,630 | = | 0.0% |
| Current assets | 29/58 | €119,110 | €156,296 | +€37,186 | +31.2% |
| Stocks and contracts in progress | 3 | €100,260 | €141,321 | +€41,061 | +41.0% |
| Stocks | 30/36 | €100,260 | €141,321 | +€41,061 | +41.0% |
| Amounts receivable within one year | 40/41 | €4,768 | €9,027 | +€4,259 | +89.3% |
| Other amounts receivable | 41 | €4,768 | €9,027 | +€4,259 | +89.3% |
| Cash at bank and in hand | 54/58 | €14,082 | €4,966 | -€9,116 | -64.7% |
| Deferred charges and accrued income | 490/1 | - | €982 | +€982 | |
| Total equity and liabilities | 10/49 | €127,906 | €159,926 | +€32,020 | +25.0% |
| Equity | 10/15 | €23,651 | €23,805 | +€154 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,191 | €3,345 | +€154 | +4.8% |
| Amounts payable | 17/49 | €104,255 | €136,120 | +€31,866 | +30.6% |
| Amounts payable after more than one year | 17 | €5,714 | - | -€5,714 | |
| Financial debts | 170/4 | €5,714 | - | -€5,714 | |
| Amounts payable within one year | 42/48 | €98,540 | €136,120 | +€37,580 | +38.1% |
| Current portion of amounts payable after more than one year | 42 | €6,504 | €5,714 | -€789 | -12.1% |
| Trade debts | 44 | €75,236 | €121,727 | +€46,491 | +61.8% |
| Suppliers | 440/4 | €75,236 | €121,727 | +€46,491 | +61.8% |
| Taxes, remuneration and social security | 45 | €5,098 | €771 | -€4,328 | -84.9% |
| Taxes | 450/3 | €216 | €216 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,882 | €555 | -€4,328 | -88.6% |
| Other amounts payable | 47/48 | €11,702 | €7,908 | -€3,794 | -32.4% |
| Remuneration, social security and pensions | 62 | €8,467 | €37,289 | +€28,822 | +340% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,166 | €5,166 | = | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €17,157 | €45,801 | +€28,644 | +167% |
| Operating profit (loss) | 9901 | €3,524 | €2,946 | -€578 | -16.4% |
| Financial charges | 65/66B | €3,036 | €1,751 | -€1,286 | -42.3% |
| Recurring financial charges | 65 | €3,036 | €1,751 | -€1,286 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €488 | €1,196 | +€708 | +145% |
| Income taxes | 67/77 | - | €1,041 | +€1,041 | |
| Profit (loss) for the period | 9904 | €488 | €154 | -€334 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €488 | €154 | -€334 | -68.4% |
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 13 October 2026 via checked.be.