SAPHIRIS: 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.
SAPHIRIS
Largest movements
- Cash +€30,469
up €30,469 (+155.6%), from €19,577 to €50,046
mainly Net result for the year (+€49,659) and Depreciation (+€6,255)
- Receivables within one year -€5,612
down €5,612 (-18.3%), from €30,674 to €25,062
of which Trade receivables: -€6,353
- Tangible fixed assets -€5,058
down €5,058 (-32.6%), from €15,509 to €10,451
- Profit (loss) carried forward +€49,659
up €49,659 (+280.1%), from €17,726 to €67,385
- Other debts -€29,671
down €29,671 (-100.0%), from €29,671 to €0
- Gross operating margin +€44,749
up €44,749 (+169.9%), from €26,344 to €71,093
- Taxes +€9,232
up €9,232 (+183.8%), from €5,022 to €14,255
- Depreciation +€3,206
up €3,206 (+105.1%), from €3,049 to €6,255
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 | €66,622 | €87,128 | +€20,506 | +30.8% |
| Fixed assets | 21/28 | €15,509 | €10,451 | -€5,058 | -32.6% |
| Tangible fixed assets | 22/27 | €15,509 | €10,451 | -€5,058 | -32.6% |
| Furniture and vehicles | 24 | €15,509 | €10,451 | -€5,058 | -32.6% |
| Current assets | 29/58 | €51,113 | €76,677 | +€25,564 | +50.0% |
| Amounts receivable within one year | 40/41 | €30,674 | €25,062 | -€5,612 | -18.3% |
| Trade receivables | 40 | €30,674 | €24,321 | -€6,353 | -20.7% |
| Other amounts receivable | 41 | - | €741 | +€741 | |
| Cash at bank and in hand | 54/58 | €19,577 | €50,046 | +€30,469 | +155.6% |
| Deferred charges and accrued income | 490/1 | €862 | €1,570 | +€707 | +82.0% |
| Total equity and liabilities | 10/49 | €66,622 | €87,128 | +€20,506 | +30.8% |
| Equity | 10/15 | €22,726 | €72,385 | +€49,659 | +218.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,726 | €67,385 | +€49,659 | +280.1% |
| Amounts payable | 17/49 | €43,895 | €14,743 | -€29,153 | -66.4% |
| Amounts payable within one year | 42/48 | €42,931 | €13,777 | -€29,155 | -67.9% |
| Trade debts | 44 | €672 | €663 | -€9 | -1.3% |
| Suppliers | 440/4 | €672 | €663 | -€9 | -1.3% |
| Taxes, remuneration and social security | 45 | €12,589 | €13,114 | +€526 | +4.2% |
| Taxes | 450/3 | €10,589 | €10,589 | +€1 | 0.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,525 | +€525 | +26.3% |
| Other amounts payable | 47/48 | €29,671 | €0 | -€29,671 | -100.0% |
| Accrued charges and deferred income | 492/3 | €964 | €966 | +€2 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,049 | €6,255 | +€3,206 | +105.1% |
| Other operating charges | 640/8 | €474 | €824 | +€350 | +73.9% |
| Gross operating margin | 9900 | €26,344 | €71,093 | +€44,749 | +169.9% |
| Operating profit (loss) | 9901 | €22,822 | €64,014 | +€41,193 | +180.5% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €73 | €132 | +€59 | +81.2% |
| Recurring financial charges | 65 | €73 | €132 | +€59 | +81.2% |
| Profit (loss) for the period before taxes | 9903 | €22,749 | €63,913 | +€41,165 | +181.0% |
| Income taxes | 67/77 | €5,022 | €14,255 | +€9,232 | +183.8% |
| Profit (loss) for the period | 9904 | €17,726 | €49,659 | +€31,932 | +180.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,726 | €49,659 | +€31,932 | +180.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.