SAKO: 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.
SAKO
Largest movements
- Receivables within one year +€9,084
up €9,084 (+7.8%), from €116,796 to €125,880
of which Trade receivables: +€9,620
- Cash -€3,678
down €3,678 (-69.9%), from €5,259 to €1,581
mainly Receivables within one year (-€9,084)
- Profit (loss) carried forward +€2,656
up €2,656 (+9.9%), from €26,960 to €29,617
- Trade debts +€2,627
up €2,627 (+13.4%), from €19,606 to €22,232
- Gross operating margin -€8,754
down €8,754 (-80.4%), from €10,882 to €2,129
- Financial charges -€2,142
down €2,142 (-96.0%), from €2,232 to €90
- Taxes -€1,861
no longer reported in 2025 (was €1,861)
- Financial income +€733
up €733 (+2284.7%), from €32 to €765
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 | €122,055 | €127,461 | +€5,406 | +4.4% |
| Current assets | 29/58 | €122,055 | €127,461 | +€5,406 | +4.4% |
| Amounts receivable within one year | 40/41 | €116,796 | €125,880 | +€9,084 | +7.8% |
| Trade receivables | 40 | €116,134 | €125,754 | +€9,620 | +8.3% |
| Other amounts receivable | 41 | €662 | €126 | -€536 | -81.0% |
| Cash at bank and in hand | 54/58 | €5,259 | €1,581 | -€3,678 | -69.9% |
| Total equity and liabilities | 10/49 | €122,055 | €127,461 | +€5,406 | +4.4% |
| Equity | 10/15 | €47,118 | €49,775 | +€2,656 | +5.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,566 | €1,566 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,566 | €1,566 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,566 | €1,566 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,960 | €29,617 | +€2,656 | +9.9% |
| Amounts payable | 17/49 | €74,937 | €77,687 | +€2,750 | +3.7% |
| Amounts payable within one year | 42/48 | €74,937 | €77,687 | +€2,750 | +3.7% |
| Trade debts | 44 | €19,606 | €22,232 | +€2,627 | +13.4% |
| Suppliers | 440/4 | €19,606 | €22,232 | +€2,627 | +13.4% |
| Taxes, remuneration and social security | 45 | €13,224 | €13,347 | +€123 | +0.9% |
| Taxes | 450/3 | €6,567 | €1,592 | -€4,974 | -75.8% |
| Remuneration and social security | 454/9 | €6,658 | €11,755 | +€5,097 | +76.6% |
| Other amounts payable | 47/48 | €42,107 | €42,107 | = | 0.0% |
| Other operating charges | 640/8 | €147 | €147 | = | 0.0% |
| Gross operating margin | 9900 | €10,882 | €2,129 | -€8,754 | -80.4% |
| Operating profit (loss) | 9901 | €10,735 | €1,982 | -€8,754 | -81.5% |
| Financial income | 75/76B | €32 | €765 | +€733 | +2284.7% |
| Recurring financial income | 75 | €32 | €765 | +€733 | +2284.7% |
| Financial charges | 65/66B | €2,232 | €90 | -€2,142 | -96.0% |
| Recurring financial charges | 65 | €2,232 | €90 | -€2,142 | -96.0% |
| Profit (loss) for the period before taxes | 9903 | €8,535 | €2,656 | -€5,879 | -68.9% |
| Income taxes | 67/77 | €1,861 | - | -€1,861 | |
| Profit (loss) for the period | 9904 | €6,675 | €2,656 | -€4,018 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,675 | €2,656 | -€4,018 | -60.2% |
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 6 October 2026 via checked.be.