SANTA FE RELOCATION SERVICES: 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
SANTA FE RELOCATION SERVICES
NACE 82.100, Office administrative and support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€19,337
2024 · €2,077+€17,260
Equity
€446,645
2024 · €427,308+€19,337
Cash
€281,795
2024 · €206,606+€75,189
Balance sheet total
€4.8m
2024 · €6.1m-€1.4m
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-23.3%), from €5.7m to €4.4m
of which Trade receivables: -€1.1m
- Deferred charges and accrued income -€98,523
down €98,523 (-68.0%), from €144,800 to €46,277
- Cash +€75,189
up €75,189 (+36.4%), from €206,606 to €281,795
mainly Receivables within one year (+€1.3m) and Short-term financial debts (+€303,974)
Equity and liabilities
- Trade debts -€1.7m
down €1.7m (-36.9%), from €4.5m to €2.9m
- Short-term financial debts +€303,974
up €303,974 (+116%), from €263,036 to €567,010
Income statement
- Services and other goods -€8.4m
down €8.4m (-85.1%), from €9.8m to €1.5m
- Goods and materials +€7.3m
up €7.3m (+7,928%), from €92,256 to €7.4m
of which Purchases: +€7.3m
- Turnover -€1.6m
down €1.6m (-13.6%), from €11.9m to €10.3m
- Other operating income +€282,524
up €282,524 (+63.5%), from €444,698 to €727,222
- Financial income +€209,870
up €209,870 (+2,992%), from €7,015 to €216,885
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
€2,077
Turnover
-€1.6m
Other operating income
+€282,524
Goods and materials
-€7.3m
Services and other goods
+€8.4m
Staff costs
-€167,231
Depreciation
+€35,688
Write-downs
+€33,248
Provisions
+€90,000
Other operating charges
+€2,972
Other operating items
-€42,564
Financial income
+€209,870
Financial charges
+€130,216
Taxes
+€288
Result 2025
€19,337
raises the resultlowers the resultnot broken down further in the accounts
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
-€199,205
Investment
-€29,579
Financing
+€303,974
Cash 2024
€206,606
From operations (derived)
-€199,205
Net result for the year
+€19,337
Depreciation
+€6,338
Stocks and contracts
+€32,051
Receivables within one year
+€1.3m
Deferred charges and accrued income
+€98,523
Provisions
-€45,000
Trade debts
-€1.7m
Tax, wage and social debts
+€56,668
Accrued charges and deferred income
-€18,885
Investment (derived)
-€29,579
Investment in fixed assets (net)
-€29,579
Financing
+€303,974
Short-term financial debts
+€303,974
Cash 2025
€281,795
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,138,346 | €4,782,079 | -€1.4m | -22.1% |
| Fixed assets | 21/28 | €15,062 | €38,303 | +€23,241 | +154% |
| Tangible fixed assets | 22/27 | €9,062 | €32,303 | +€23,241 | +256% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €9,062 | €32,303 | +€23,241 | +256% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,000 | €6,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €6,123,284 | €4,743,776 | -€1.4m | -22.5% |
| Stocks and contracts in progress | 3 | €81,027 | €48,976 | -€32,051 | -39.6% |
| Stocks | 30/36 | €81,027 | €48,976 | -€32,051 | -39.6% |
| Raw materials and consumables | 30/31 | €81,027 | €48,976 | -€32,051 | -39.6% |
| Amounts receivable within one year | 40/41 | €5,690,850 | €4,366,728 | -€1.3m | -23.3% |
| Trade receivables | 40 | €5,465,515 | €4,349,979 | -€1.1m | -20.4% |
| Other amounts receivable | 41 | €225,335 | €16,749 | -€208,586 | -92.6% |
| Cash at bank and in hand | 54/58 | €206,606 | €281,795 | +€75,189 | +36.4% |
| Deferred charges and accrued income | 490/1 | €144,800 | €46,277 | -€98,523 | -68.0% |
| Total equity and liabilities | 10/49 | €6,138,346 | €4,782,079 | -€1.4m | -22.1% |
| Equity | 10/15 | €427,308 | €446,645 | +€19,337 | +4.5% |
| Contributions | 10/11 | €555,738 | €555,738 | = | 0.0% |
| Capital | 10 | €555,738 | €555,738 | = | 0.0% |
| Issued capital | 100 | €555,738 | €555,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€128,430 | -€109,093 | +€19,337 | +15.1% |
| Provisions and deferred taxes | 16 | €45,000 | €0 | -€45,000 | -100% |
| Provisions for liabilities and charges | 160/5 | €45,000 | €0 | -€45,000 | -100% |
| Other liabilities and charges | 164/5 | €45,000 | €0 | -€45,000 | -100% |
| Amounts payable | 17/49 | €5,666,038 | €4,335,435 | -€1.3m | -23.5% |
| Amounts payable within one year | 42/48 | €5,468,305 | €4,156,588 | -€1.3m | -24.0% |
| Financial debts | 43 | €263,036 | €567,010 | +€303,974 | +116% |
| Credit institutions | 430/8 | €263,036 | €567,010 | +€303,974 | +116% |
| Trade debts | 44 | €4,533,295 | €2,860,935 | -€1.7m | -36.9% |
| Suppliers | 440/4 | €4,533,295 | €2,860,935 | -€1.7m | -36.9% |
| Taxes, remuneration and social security | 45 | €671,974 | €728,642 | +€56,668 | +8.4% |
| Taxes | 450/3 | €457,137 | €465,375 | +€8,239 | +1.8% |
| Remuneration and social security | 454/9 | €214,838 | €263,267 | +€48,430 | +22.5% |
| Accrued charges and deferred income | 492/3 | €197,733 | €178,847 | -€18,885 | -9.6% |
| Operating income | 70/76A | €12,410,743 | €11,035,878 | -€1.4m | -11.1% |
| Turnover | 70 | €11,904,795 | €10,290,556 | -€1.6m | -13.6% |
| Other operating income | 74 | €444,698 | €727,222 | +€282,524 | +63.5% |
| Non-recurring operating income | 76A | €61,250 | €18,100 | -€43,150 | -70.4% |
| Operating charges | 60/66A | €12,218,095 | €11,166,343 | -€1.1m | -8.6% |
| Goods for resale, raw materials and consumables | 60 | €92,256 | €7,405,976 | +€7.3m | +7,928% |
| Purchases | 600/8 | €87,238 | €7,373,924 | +€7.3m | +8,353% |
| Change in stocks: decrease (increase) | 609 | €5,018 | €32,051 | +€27,033 | +539% |
| Services and other goods | 61 | €9,835,485 | €1,465,275 | -€8.4m | -85.1% |
| Remuneration, social security and pensions | 62 | €2,105,214 | €2,272,445 | +€167,231 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,026 | €6,338 | -€35,688 | -84.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,546 | -€6,702 | -€33,248 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €45,000 | -€45,000 | -€90,000 | |
| Other operating charges | 640/8 | €70,924 | €67,952 | -€2,972 | -4.2% |
| Non-recurring operating charges | 66A | €644 | €58 | -€586 | -91.0% |
| Operating profit (loss) | 9901 | €192,648 | -€130,464 | -€323,112 | |
| Financial income | 75/76B | €7,015 | €216,885 | +€209,870 | +2,992% |
| Recurring financial income | 75 | €7,015 | €216,885 | +€209,870 | +2,992% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Other financial income | 752/9 | €7,015 | €216,885 | +€209,870 | +2,992% |
| Financial charges | 65/66B | €194,206 | €63,991 | -€130,216 | -67.1% |
| Recurring financial charges | 65 | €189,751 | €63,991 | -€125,761 | -66.3% |
| Other financial charges | 652/9 | €189,751 | €63,991 | -€125,761 | -66.3% |
| Non-recurring financial charges | 66B | €4,455 | €0 | -€4,455 | -100% |
| Profit (loss) for the period before taxes | 9903 | €5,457 | €22,429 | +€16,973 | +311% |
| Income taxes | 67/77 | €3,380 | €3,092 | -€288 | -8.5% |
| Taxes | 670/3 | €3,380 | €3,092 | -€288 | -8.5% |
| Profit (loss) for the period | 9904 | €2,077 | €19,337 | +€17,260 | +831% |
| Profit (loss) for the period to be appropriated | 9905 | €2,077 | €19,337 | +€17,260 | +831% |
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 14 October 2026 via checked.be.