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SAKURA: 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.

What changed

SAKURA

BE 0861.301.503
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€85,492
2024 · -€86,779+€1,287
Equity
-€507,198
2024 · -€421,706-€85,492
Cash
€487
2024 · €148+€339
Balance sheet total
€1.1m
2024 · €1.2m-€52,989

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€41,540

    down €41,540 (-3.6%), from €1.1m to €1.1m

  • Receivables within one year -€11,994

    no longer reported in 2025 (was €11,994)

Equity and liabilities
  • Profit (loss) carried forward -€85,492

    down €85,492 (-17.7%), from -€484,206 to -€569,698

  • Debts after one year +€40,632

    up €40,632 (+2.6%), from €1.6m to €1.6m

    of which Other amounts payable: +€26,882

  • Current portion of long-term debt -€15,000

    no longer reported in 2025 (was €15,000)

Income statement
  • Financial charges -€4,280

    down €4,280 (-10.2%), from €42,069 to €37,789

  • Gross operating margin -€2,637

    down €2,637, from €1,693 to -€944

  • Financial income -€191

    down €191 (-52.6%), from €363 to €172

  • Other operating charges +€165

    up €165 (+3.2%), from €5,226 to €5,391

From the 2024 result to the 2025 result

effect on the 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 -€86,779
Gross operating margin -€2,637
Other operating charges -€165
Financial income -€191
Financial charges +€4,280
Result 2025 -€85,492

Cash bridge derived

cash 2024 to 2025

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 -€25,293
Investment €0
Financing +€25,632
Cash 2024 €148
Net result for the year -€85,492
Depreciation +€41,540
Receivables within one year +€11,994
Deferred charges and accrued income -€206
Trade debts -€1,789
Other debts +€8,660
Debts after one year +€40,632
Current portion of long-term debt -€15,000
Cash 2025 €487
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,156,629 €1,103,640 -€52,989 -4.6%
Fixed assets 21/28 €1,142,892 €1,101,352 -€41,540 -3.6%
Tangible fixed assets 22/27 €1,142,892 €1,101,352 -€41,540 -3.6%
Land and buildings 22 €1,142,892 €1,101,352 -€41,540 -3.6%
Current assets 29/58 €13,737 €2,288 -€11,449 -83.3%
Amounts receivable within one year 40/41 €11,994 - -€11,994
Other amounts receivable 41 €11,994 - -€11,994
Cash at bank and in hand 54/58 €148 €487 +€339 +229.1%
Deferred charges and accrued income 490/1 €1,595 €1,801 +€206 +12.9%
Total equity and liabilities 10/49 €1,156,629 €1,103,640 -€52,989 -4.6%
Equity 10/15 -€421,706 -€507,198 -€85,492 -20.3%
Contributions 10/11 €62,500 €62,500 = 0.0%
Capital 10 €62,500 €62,500 = 0.0%
Issued capital 100 €62,500 €62,500 = 0.0%
Profit (loss) carried forward 14 -€484,206 -€569,698 -€85,492 -17.7%
Amounts payable 17/49 €1,578,335 €1,610,838 +€32,503 +2.1%
Amounts payable after more than one year 17 €1,555,983 €1,596,615 +€40,632 +2.6%
Financial debts 170/4 €387,500 €401,250 +€13,750 +3.5%
Other amounts payable 178/9 €1,168,483 €1,195,365 +€26,882 +2.3%
Amounts payable within one year 42/48 €22,352 €14,223 -€8,129 -36.4%
Current portion of amounts payable after more than one year 42 €15,000 - -€15,000
Trade debts 44 €4,500 €2,711 -€1,789 -39.8%
Suppliers 440/4 €4,500 €2,711 -€1,789 -39.8%
Other amounts payable 47/48 €2,852 €11,512 +€8,660 +303.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €41,540 €41,540 = 0.0%
Other operating charges 640/8 €5,226 €5,391 +€165 +3.2%
Gross operating margin 9900 €1,693 -€944 -€2,637
Operating profit (loss) 9901 -€45,073 -€47,875 -€2,802 -6.2%
Financial income 75/76B €363 €172 -€191 -52.6%
Recurring financial income 75 €363 €172 -€191 -52.6%
Financial charges 65/66B €42,069 €37,789 -€4,280 -10.2%
Recurring financial charges 65 €42,069 €37,789 -€4,280 -10.2%
Profit (loss) for the period before taxes 9903 -€86,779 -€85,492 +€1,287 +1.5%
Profit (loss) for the period 9904 -€86,779 -€85,492 +€1,287 +1.5%
Profit (loss) for the period to be appropriated 9905 -€86,779 -€85,492 +€1,287 +1.5%

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 28 September 2026 via checked.be.