SAPLAN: 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.
SAPLAN
Largest movements
- Receivables within one year +€68,014
up €68,014 (+676%), from €10,064 to €78,078
- Cash -€67,109
down €67,109 (-95.9%), from €69,974 to €2,865
mainly Receivables within one year (-€68,014) and Investment in fixed assets (net) (-€21,491)
- Tangible fixed assets +€16,072
up €16,072 (+110%), from €14,551 to €30,623
- Deferred charges and accrued income -€2,171
no longer reported in 2025 (was €2,171)
- Reserves +€20,466
up €20,466 (+23.1%), from €88,782 to €109,247
of which Distributable reserves: +€20,466
- Tax, wage and social debts -€2,893
down €2,893 (-63.2%), from €4,575 to €1,682
- Short-term financial debts -€1,743
down €1,743 (-73.9%), from €2,360 to €617
- Gross operating margin +€3,700
up €3,700 (+10.9%), from €33,939 to €37,639
- Depreciation +€3,693
up €3,693 (+214%), from €1,726 to €5,419
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 | €111,760 | €126,566 | +€14,806 | +13.2% |
| Fixed assets | 21/28 | €29,550 | €45,622 | +€16,072 | +54.4% |
| Tangible fixed assets | 22/27 | €14,551 | €30,623 | +€16,072 | +110% |
| Land and buildings | 22 | €14,551 | €30,623 | +€16,072 | +110% |
| Financial fixed assets | 28 | €14,999 | €14,999 | = | 0.0% |
| Current assets | 29/58 | €82,209 | €80,943 | -€1,266 | -1.5% |
| Amounts receivable within one year | 40/41 | €10,064 | €78,078 | +€68,014 | +676% |
| Trade receivables | 40 | €10,064 | €78,078 | +€68,014 | +676% |
| Cash at bank and in hand | 54/58 | €69,974 | €2,865 | -€67,109 | -95.9% |
| Deferred charges and accrued income | 490/1 | €2,171 | - | -€2,171 | |
| Total equity and liabilities | 10/49 | €111,760 | €126,566 | +€14,806 | +13.2% |
| Equity | 10/15 | €88,882 | €109,347 | +€20,466 | +23.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Contributions outside capital | 11 | €100 | €100 | = | 0.0% |
| Share premium | 1100/10 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €88,782 | €109,247 | +€20,466 | +23.1% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Distributable reserves | 133 | €88,772 | €109,237 | +€20,466 | +23.1% |
| Amounts payable | 17/49 | €22,878 | €17,218 | -€5,660 | -24.7% |
| Amounts payable within one year | 42/48 | €22,878 | €17,218 | -€5,660 | -24.7% |
| Financial debts | 43 | €2,360 | €617 | -€1,743 | -73.9% |
| Credit institutions | 430/8 | €2,360 | €617 | -€1,743 | -73.9% |
| Trade debts | 44 | €2,240 | €2,282 | +€43 | +1.9% |
| Suppliers | 440/4 | €2,240 | €2,282 | +€43 | +1.9% |
| Taxes, remuneration and social security | 45 | €4,575 | €1,682 | -€2,893 | -63.2% |
| Taxes | 450/3 | €4,575 | €1,682 | -€2,893 | -63.2% |
| Other amounts payable | 47/48 | €13,703 | €12,637 | -€1,066 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,726 | €5,419 | +€3,693 | +214% |
| Other operating charges | 640/8 | €985 | €963 | -€22 | -2.2% |
| Gross operating margin | 9900 | €33,939 | €37,639 | +€3,700 | +10.9% |
| Operating profit (loss) | 9901 | €31,228 | €31,257 | +€29 | +0.1% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €899 | €1,064 | +€165 | +18.4% |
| Recurring financial charges | 65 | €899 | €1,064 | +€165 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €30,335 | €30,193 | -€143 | -0.5% |
| Income taxes | 67/77 | €9,055 | €8,927 | -€128 | -1.4% |
| Profit (loss) for the period | 9904 | €21,281 | €21,266 | -€15 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,281 | €21,266 | -€15 | -0.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.