SAKTEO: 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.
SAKTEO
Largest movements
- Receivables within one year -€237,536
down €237,536 (-90.6%), from €262,115 to €24,579
of which Trade receivables: -€262,115
- Cash +€13,641
up €13,641 (+34.5%), from €39,506 to €53,147
mainly Receivables within one year (+€237,536) and Net result for the year (+€14,974)
- Tangible fixed assets +€5,532
up €5,532 (+53.4%), from €10,369 to €15,901
of which Furniture and vehicles: +€7,719
- Stocks and contracts +€4,252
up €4,252 (+76.8%), from €5,533 to €9,785
- Trade debts -€223,894
down €223,894 (-86.1%), from €260,033 to €36,139
- Reserves +€14,974
up €14,974 (+100.6%), from €14,889 to €29,863
- Other debts -€9,273
no longer reported in 2024 (was €9,273)
- Accrued charges and deferred income +€4,380
new in 2024: €4,380
- Staff costs -€17,876
down €17,876 (-7.9%), from €226,118 to €208,242
- Gross operating margin -€9,784
down €9,784 (-3.8%), from €259,565 to €249,781
- Other operating charges +€5,426
up €5,426 (+125.4%), from €4,328 to €9,754
- Financial charges +€4,334
up €4,334 (+244.2%), from €1,775 to €6,109
- Depreciation -€3,812
down €3,812 (-45.4%), from €8,390 to €4,578
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €322,683 | €107,322 | -€215,361 | -66.7% |
| Fixed assets | 21/28 | €13,487 | €17,543 | +€4,056 | +30.1% |
| Intangible fixed assets | 21 | €2,953 | €1,477 | -€1,476 | -50.0% |
| Tangible fixed assets | 22/27 | €10,369 | €15,901 | +€5,532 | +53.4% |
| Plant, machinery and equipment | 23 | €8,263 | €6,076 | -€2,187 | -26.5% |
| Furniture and vehicles | 24 | €2,106 | €9,825 | +€7,719 | +366.5% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €309,196 | €89,779 | -€219,417 | -71.0% |
| Stocks and contracts in progress | 3 | €5,533 | €9,785 | +€4,252 | +76.8% |
| Stocks | 30/36 | €5,533 | €9,785 | +€4,252 | +76.8% |
| Amounts receivable within one year | 40/41 | €262,115 | €24,579 | -€237,536 | -90.6% |
| Trade receivables | 40 | €262,115 | - | -€262,115 | |
| Other amounts receivable | 41 | - | €24,579 | +€24,579 | |
| Cash at bank and in hand | 54/58 | €39,506 | €53,147 | +€13,641 | +34.5% |
| Deferred charges and accrued income | 490/1 | €2,042 | €2,268 | +€226 | +11.1% |
| Total equity and liabilities | 10/49 | €322,683 | €107,322 | -€215,361 | -66.7% |
| Equity | 10/15 | €22,196 | €37,170 | +€14,974 | +67.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,889 | €29,863 | +€14,974 | +100.6% |
| Distributable reserves | 133 | €14,889 | €29,863 | +€14,974 | +100.6% |
| Profit (loss) carried forward | 14 | €5,307 | €5,307 | = | 0.0% |
| Amounts payable | 17/49 | €300,487 | €70,152 | -€230,335 | -76.7% |
| Amounts payable within one year | 42/48 | €300,487 | €65,772 | -€234,715 | -78.1% |
| Trade debts | 44 | €260,033 | €36,139 | -€223,894 | -86.1% |
| Suppliers | 440/4 | €260,033 | €36,139 | -€223,894 | -86.1% |
| Taxes, remuneration and social security | 45 | €31,181 | €29,633 | -€1,548 | -5.0% |
| Taxes | 450/3 | €10,902 | €10,200 | -€702 | -6.4% |
| Remuneration and social security | 454/9 | €20,279 | €19,433 | -€846 | -4.2% |
| Other amounts payable | 47/48 | €9,273 | - | -€9,273 | |
| Accrued charges and deferred income | 492/3 | - | €4,380 | +€4,380 | |
| Remuneration, social security and pensions | 62 | €226,118 | €208,242 | -€17,876 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,390 | €4,578 | -€3,812 | -45.4% |
| Other operating charges | 640/8 | €4,328 | €9,754 | +€5,426 | +125.4% |
| Gross operating margin | 9900 | €259,565 | €249,781 | -€9,784 | -3.8% |
| Operating profit (loss) | 9901 | €20,729 | €27,207 | +€6,478 | +31.3% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €1,775 | €6,109 | +€4,334 | +244.2% |
| Recurring financial charges | 65 | €1,775 | €6,109 | +€4,334 | +244.2% |
| Profit (loss) for the period before taxes | 9903 | €18,965 | €21,098 | +€2,133 | +11.2% |
| Income taxes | 67/77 | €4,076 | €6,124 | +€2,048 | +50.2% |
| Profit (loss) for the period | 9904 | €14,889 | €14,974 | +€85 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,889 | €14,974 | +€85 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.