SAOLA: 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.
SAOLA
Largest movements
- Tangible fixed assets +€36,672
new in 2025: €36,672
of which Furniture and vehicles: +€28,905
- Receivables within one year +€7,030
up €7,030 (+242%), from €2,904 to €9,934
- Cash +€2,529
up €2,529 (+12.2%), from €20,785 to €23,314
mainly Net result for the year (+€30,082) and Tax, wage and social debts (+€13,116)
- Profit (loss) carried forward +€30,082
up €30,082 (+247%), from €12,161 to €42,243
- Tax, wage and social debts +€13,116
up €13,116 (+194%), from €6,757 to €19,873
- Other debts +€4,879
new in 2025: €4,879
- Trade debts -€840
down €840 (-63.0%), from €1,334 to €493
- Gross operating margin +€29,748
up €29,748 (+195%), from €15,275 to €45,023
- Taxes +€5,615
up €5,615 (+180%), from €3,114 to €8,730
- Depreciation +€4,417
new in 2025: €4,417
- Other operating charges +€1,785
new in 2025: €1,785
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,689 | €70,490 | +€46,801 | +198% |
| Fixed assets | 21/28 | - | €36,672 | +€36,672 | |
| Tangible fixed assets | 22/27 | - | €36,672 | +€36,672 | |
| Land and buildings | 22 | - | €7,767 | +€7,767 | |
| Furniture and vehicles | 24 | - | €28,905 | +€28,905 | |
| Current assets | 29/58 | €23,689 | €33,818 | +€10,129 | +42.8% |
| Amounts receivable within one year | 40/41 | €2,904 | €9,934 | +€7,030 | +242% |
| Trade receivables | 40 | €2,904 | €9,934 | +€7,030 | +242% |
| Cash at bank and in hand | 54/58 | €20,785 | €23,314 | +€2,529 | +12.2% |
| Deferred charges and accrued income | 490/1 | - | €570 | +€570 | |
| Total equity and liabilities | 10/49 | €23,689 | €70,490 | +€46,801 | +198% |
| Equity | 10/15 | €15,161 | €45,243 | +€30,082 | +198% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,161 | €42,243 | +€30,082 | +247% |
| Amounts payable | 17/49 | €8,528 | €25,246 | +€16,718 | +196% |
| Amounts payable within one year | 42/48 | €8,091 | €25,246 | +€17,155 | +212% |
| Trade debts | 44 | €1,334 | €493 | -€840 | -63.0% |
| Suppliers | 440/4 | €1,334 | €493 | -€840 | -63.0% |
| Taxes, remuneration and social security | 45 | €6,757 | €19,873 | +€13,116 | +194% |
| Taxes | 450/3 | €6,757 | €19,873 | +€13,116 | +194% |
| Other amounts payable | 47/48 | - | €4,879 | +€4,879 | |
| Accrued charges and deferred income | 492/3 | €438 | €1 | -€437 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,417 | +€4,417 | |
| Other operating charges | 640/8 | - | €1,785 | +€1,785 | |
| Gross operating margin | 9900 | €15,275 | €45,023 | +€29,748 | +195% |
| Operating profit (loss) | 9901 | €15,275 | €38,822 | +€23,547 | +154% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €10 | +€10 | |
| Recurring financial charges | 65 | - | €10 | +€10 | |
| Profit (loss) for the period before taxes | 9903 | €15,275 | €38,812 | +€23,537 | +154% |
| Income taxes | 67/77 | €3,114 | €8,730 | +€5,615 | +180% |
| Profit (loss) for the period | 9904 | €12,161 | €30,082 | +€17,922 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €12,161 | €30,082 | +€17,922 | +147% |
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 28 October 2026 via checked.be.