SAOZ: 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.
SAOZ
Largest movements
- Receivables within one year +€34,287
up €34,287 (+10,819%), from €317 to €34,604
of which Trade receivables: +€34,604
- Tangible fixed assets -€3,690
down €3,690 (-30.9%), from €11,957 to €8,267
of which Plant, machinery and equipment: -€3,583
- Profit (loss) carried forward +€22,212
up €22,212, from -€3,275 to €18,937
- Other debts +€15,312
up €15,312 (+768%), from €1,994 to €17,306
- Trade debts -€13,555
no longer reported in 2023 (was €13,555)
- Tax, wage and social debts +€6,725
new in 2023: €6,725
- Gross operating margin +€34,779
up €34,779, from -€2,287 to €32,492
- Taxes +€4,700
new in 2023: €4,700
- Depreciation +€3,302
up €3,302 (+334%), from €988 to €4,290
- Financial charges +€986
new in 2023: €986
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,274 | €42,968 | +€30,694 | +250% |
| Fixed assets | 21/28 | €11,957 | €8,267 | -€3,690 | -30.9% |
| Tangible fixed assets | 22/27 | €11,957 | €8,267 | -€3,690 | -30.9% |
| Plant, machinery and equipment | 23 | €11,448 | €7,865 | -€3,583 | -31.3% |
| Other tangible fixed assets | 26 | €509 | €401 | -€107 | -21.1% |
| Current assets | 29/58 | €317 | €34,701 | +€34,385 | +10,850% |
| Amounts receivable within one year | 40/41 | €317 | €34,604 | +€34,287 | +10,819% |
| Trade receivables | 40 | - | €34,604 | +€34,604 | |
| Other amounts receivable | 41 | €317 | - | -€317 | |
| Cash at bank and in hand | 54/58 | - | €97 | +€97 | |
| Total equity and liabilities | 10/49 | €12,274 | €42,968 | +€30,694 | +250% |
| Equity | 10/15 | -€3,275 | €18,937 | +€22,212 | |
| Profit (loss) carried forward | 14 | -€3,275 | €18,937 | +€22,212 | |
| Amounts payable | 17/49 | €15,549 | €24,031 | +€8,482 | +54.6% |
| Amounts payable within one year | 42/48 | €15,549 | €24,031 | +€8,482 | +54.6% |
| Trade debts | 44 | €13,555 | - | -€13,555 | |
| Suppliers | 440/4 | €13,555 | - | -€13,555 | |
| Taxes, remuneration and social security | 45 | - | €6,725 | +€6,725 | |
| Taxes | 450/3 | - | €6,725 | +€6,725 | |
| Other amounts payable | 47/48 | €1,994 | €17,306 | +€15,312 | +768% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €988 | €4,290 | +€3,302 | +334% |
| Other operating charges | 640/8 | - | €304 | +€304 | |
| Gross operating margin | 9900 | -€2,287 | €32,492 | +€34,779 | |
| Operating profit (loss) | 9901 | -€3,275 | €27,898 | +€31,173 | |
| Financial charges | 65/66B | - | €986 | +€986 | |
| Recurring financial charges | 65 | - | €986 | +€986 | |
| Profit (loss) for the period before taxes | 9903 | -€3,275 | €26,912 | +€30,187 | |
| Income taxes | 67/77 | - | €4,700 | +€4,700 | |
| Profit (loss) for the period | 9904 | -€3,275 | €22,212 | +€25,487 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,275 | €22,212 | +€25,487 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.