SAKKA: 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.
What changed
SAKKA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€4.6m
2024 · €3.1m-€7.7m
Equity
€18.0m
2024 · €31.7m-€13.7m
Cash
€473,710
2024 · €256,535+€217,176
Balance sheet total
€30.0m
2024 · €37.3m-€7.3m
Largest movements
Assets
- Financial fixed assets -€5.9m
down €5.9m (-24.8%), from €23.8m to €17.9m
- Current investments -€1.6m
down €1.6m (-100%), from €1.6m to €0
Equity and liabilities
- Other debts +€8.3m
up €8.3m (+1,221%), from €677,540 to €9.0m
- Contributions -€8.0m
down €8.0m (-45.3%), from €17.7m to €9.7m
- Reserves -€5.4m
down €5.4m (-38.4%), from €14.0m to €8.7m
of which Distributable reserves: -€4.6m
- Debts after one year -€1.6m
down €1.6m (-37.6%), from €4.2m to €2.6m
of which Other amounts payable: -€1.3m
Income statement
- Financial charges +€6.6m
up €6.6m (+4,386%), from €150,362 to €6.7m
of which Non-recurring financial charges: +€6.6m
- Financial income -€1.4m
down €1.4m (-39.3%), from €3.6m to €2.2m
- Turnover -€533,544
no longer reported in 2025 (was €533,544)
- Purchases and services -€497,567
no longer reported in 2025 (was €497,567)
- Taxes -€228,696
down €228,696 (-66.8%), from €342,405 to €113,709
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.
Result 2024
€3.1m
Gross operating margin
+€140,636
Depreciation
-€2,674
Other operating charges
-€330
Financial income
-€1.4m
Financial charges
-€6.6m
Taxes
+€228,696
Result 2025
-€4.6m
raises the resultlowers the result
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.
From operations
+€3.5m
Investment
+€7.5m
Financing
-€10.7m
Cash 2024
€256,535
From operations (derived)
+€3.5m
Net result for the year
-€4.6m
Depreciation
+€194,069
Smaller working-capital items
-€12,613
Stocks and contracts
-€88,635
Receivables within one year
-€47,262
Trade debts
+€39,101
Tax, wage and social debts
-€344,200
Other debts
+€8.3m
Accrued charges and deferred income
+€46,469
Investment (derived)
+€7.5m
Investment in fixed assets (net)
+€5.9m
Current investments
+€1.6m
Financing
-€10.7m
Debts after one year
-€1.6m
Contributions, distributions and other
-€9.1m
Cash 2025
€473,710
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,305,819 | €30,009,147 | -€7.3m | -19.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €28,333,276 | €22,270,918 | -€6.1m | -21.4% |
| Tangible fixed assets | 22/27 | €4,494,347 | €4,333,211 | -€161,135 | -3.6% |
| Land and buildings | 22 | €3,285,685 | €3,159,409 | -€126,277 | -3.8% |
| Plant, machinery and equipment | 23 | €755 | €0 | -€755 | -100% |
| Furniture and vehicles | 24 | €137,907 | €103,803 | -€34,104 | -24.7% |
| Other tangible fixed assets | 26 | €1,070,000 | €1,070,000 | = | 0.0% |
| Financial fixed assets | 28 | €23,838,929 | €17,937,707 | -€5.9m | -24.8% |
| Current assets | 29/58 | €8,972,543 | €7,738,228 | -€1.2m | -13.8% |
| Amounts receivable after more than one year | 29 | €4,755,201 | €4,766,529 | +€11,328 | +0.2% |
| Other amounts receivable | 291 | €4,755,201 | €4,766,529 | +€11,328 | +0.2% |
| Stocks and contracts in progress | 3 | €1,371,244 | €1,459,880 | +€88,635 | +6.5% |
| Stocks | 30/36 | €770,000 | €770,000 | = | 0.0% |
| Contracts in progress | 37 | €601,244 | €689,880 | +€88,635 | +14.7% |
| Amounts receivable within one year | 40/41 | €862,845 | €910,107 | +€47,262 | +5.5% |
| Trade receivables | 40 | €354 | €20,594 | +€20,240 | +5,716% |
| Other amounts receivable | 41 | €862,491 | €889,513 | +€27,022 | +3.1% |
| Current investments | 50/53 | €1,600,000 | €0 | -€1.6m | -100% |
| Cash at bank and in hand | 54/58 | €256,535 | €473,710 | +€217,176 | +84.7% |
| Deferred charges and accrued income | 490/1 | €126,718 | €128,003 | +€1,285 | +1.0% |
| Total equity and liabilities | 10/49 | €37,305,819 | €30,009,147 | -€7.3m | -19.6% |
| Equity | 10/15 | €31,709,799 | €17,977,244 | -€13.7m | -43.3% |
| Contributions | 10/11 | €17,662,000 | €9,662,000 | -€8.0m | -45.3% |
| Capital | 10 | €17,662,000 | €9,662,000 | -€8.0m | -45.3% |
| Issued capital | 100 | €17,662,000 | €9,662,000 | -€8.0m | -45.3% |
| Reserves | 13 | €14,047,799 | €8,652,112 | -€5.4m | -38.4% |
| Non-distributable reserves | 130/1 | €1,766,200 | €966,200 | -€800,000 | -45.3% |
| Legal reserve | 130 | €1,766,200 | €966,200 | -€800,000 | -45.3% |
| Distributable reserves | 133 | €12,281,599 | €7,685,912 | -€4.6m | -37.4% |
| Profit (loss) carried forward | 14 | - | -€336,868 | -€336,868 | |
| Amounts payable | 17/49 | €5,596,019 | €12,031,902 | +€6.4m | +115% |
| Amounts payable after more than one year | 17 | €4,200,206 | €2,622,222 | -€1.6m | -37.6% |
| Financial debts | 170/4 | €2,888,889 | €2,622,222 | -€266,667 | -9.2% |
| Other amounts payable | 178/9 | €1,311,317 | €0 | -€1.3m | -100% |
| Amounts payable within one year | 42/48 | €1,374,389 | €9,341,786 | +€8.0m | +580% |
| Current portion of amounts payable after more than one year | 42 | €266,667 | €266,667 | = | 0.0% |
| Trade debts | 44 | €12,842 | €51,943 | +€39,101 | +304% |
| Suppliers | 440/4 | €12,842 | €51,943 | +€39,101 | +304% |
| Taxes, remuneration and social security | 45 | €417,340 | €73,140 | -€344,200 | -82.5% |
| Taxes | 450/3 | €417,340 | €73,140 | -€344,200 | -82.5% |
| Other amounts payable | 47/48 | €677,540 | €8,950,036 | +€8.3m | +1,221% |
| Accrued charges and deferred income | 492/3 | €21,424 | €67,894 | +€46,469 | +217% |
| Turnover | 70 | €533,544 | - | -€533,544 | |
| Goods, raw materials, services and sundry goods | 60/61 | €497,567 | - | -€497,567 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,395 | €194,069 | +€2,674 | +1.4% |
| Other operating charges | 640/8 | €7,020 | €7,350 | +€330 | +4.7% |
| Gross operating margin | 9900 | €139,175 | €279,811 | +€140,636 | +101% |
| Operating profit (loss) | 9901 | -€59,240 | €78,392 | +€137,633 | |
| Financial income | 75/76B | €3,614,626 | €2,193,328 | -€1.4m | -39.3% |
| Recurring financial income | 75 | €3,614,626 | €2,193,328 | -€1.4m | -39.3% |
| Financial charges | 65/66B | €150,362 | €6,745,667 | +€6.6m | +4,386% |
| Recurring financial charges | 65 | €150,362 | €142,075 | -€8,287 | -5.5% |
| Non-recurring financial charges | 66B | - | €6,603,592 | +€6.6m | |
| Profit (loss) for the period before taxes | 9903 | €3,405,023 | -€4,473,946 | -€7.9m | |
| Income taxes | 67/77 | €342,405 | €113,709 | -€228,696 | -66.8% |
| Profit (loss) for the period | 9904 | €3,062,618 | -€4,587,655 | -€7.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €3,062,618 | -€4,587,655 | -€7.7m |
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 29 October 2026 via checked.be.