SARA TORREKENS: what changed
SARA TORREKENS
Largest movements
- Receivables within one year +€244,889
up €244,889 (+244%), from €100,261 to €345,150
of which Trade receivables: +€252,496
- Cash +€58,103
up €58,103 (+28.0%), from €207,330 to €265,433
mainly Net result for the year (+€178,298) and Advances received (+€150,000)
- Tangible fixed assets +€40,423
up €40,423 (+18.7%), from €215,604 to €256,026
of which Furniture and vehicles: +€60,074
- Receivables after one year -€15,000
down €15,000 (-35.5%), from €42,246 to €27,246
- Reserves +€170,000
up €170,000 (+68.1%), from €249,796 to €419,796
of which Distributable reserves: +€170,000
- Advances received +€150,000
new in 2023: €150,000
- Trade debts -€71,147
down €71,147 (-42.8%), from €166,325 to €95,178
- Tax, wage and social debts +€66,458
up €66,458 (+727%), from €9,145 to €75,604
- Gross operating margin +€211,876
up €211,876 (+183%), from €115,584 to €327,460
- Taxes +€52,837
up €52,837 (+155%), from €34,163 to €87,000
- Depreciation +€19,518
up €19,518 (+46.6%), from €41,904 to €61,422
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €579,678 | €908,093 | +€328,415 | +56.7% |
| Fixed assets | 21/28 | €215,679 | €256,101 | +€40,423 | +18.7% |
| Tangible fixed assets | 22/27 | €215,604 | €256,026 | +€40,423 | +18.7% |
| Land and buildings | 22 | €51,608 | €34,950 | -€16,657 | -32.3% |
| Plant, machinery and equipment | 23 | €32,208 | €29,214 | -€2,994 | -9.3% |
| Furniture and vehicles | 24 | €127,088 | €187,162 | +€60,074 | +47.3% |
| Other tangible fixed assets | 26 | €4,700 | €4,700 | = | 0.0% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €364,000 | €651,992 | +€287,993 | +79.1% |
| Amounts receivable after more than one year | 29 | €42,246 | €27,246 | -€15,000 | -35.5% |
| Other amounts receivable | 291 | €42,246 | €27,246 | -€15,000 | -35.5% |
| Stocks and contracts in progress | 3 | €14,163 | €14,163 | = | 0.0% |
| Stocks | 30/36 | €14,163 | €14,163 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €100,261 | €345,150 | +€244,889 | +244% |
| Trade receivables | 40 | €74,133 | €326,629 | +€252,496 | +341% |
| Other amounts receivable | 41 | €26,127 | €18,520 | -€7,607 | -29.1% |
| Cash at bank and in hand | 54/58 | €207,330 | €265,433 | +€58,103 | +28.0% |
| Total equity and liabilities | 10/49 | €579,678 | €908,093 | +€328,415 | +56.7% |
| Equity | 10/15 | €404,208 | €582,506 | +€178,298 | +44.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €249,796 | €419,796 | +€170,000 | +68.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,796 | €22,796 | = | 0.0% |
| Distributable reserves | 133 | €225,000 | €395,000 | +€170,000 | +75.6% |
| Profit (loss) carried forward | 14 | €142,013 | €150,311 | +€8,298 | +5.8% |
| Amounts payable | 17/49 | €175,470 | €325,587 | +€150,117 | +85.6% |
| Amounts payable within one year | 42/48 | €175,470 | €325,587 | +€150,117 | +85.6% |
| Current portion of amounts payable after more than one year | 42 | - | €4,806 | +€4,806 | |
| Trade debts | 44 | €166,325 | €95,178 | -€71,147 | -42.8% |
| Suppliers | 440/4 | €166,325 | €95,178 | -€71,147 | -42.8% |
| Advances received on contracts in progress | 46 | - | €150,000 | +€150,000 | |
| Taxes, remuneration and social security | 45 | €9,145 | €75,604 | +€66,458 | +727% |
| Taxes | 450/3 | €9,145 | €75,604 | +€66,458 | +727% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,904 | €61,422 | +€19,518 | +46.6% |
| Other operating charges | 640/8 | €1,598 | €824 | -€774 | -48.5% |
| Gross operating margin | 9900 | €115,584 | €327,460 | +€211,876 | +183% |
| Operating profit (loss) | 9901 | €72,083 | €265,214 | +€193,132 | +268% |
| Financial income | 75/76B | €2 | €100 | +€98 | +4,901% |
| Recurring financial income | 75 | €2 | €100 | +€98 | +4,901% |
| Financial charges | 65/66B | €116 | €16 | -€100 | -86.1% |
| Recurring financial charges | 65 | €116 | €16 | -€100 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €71,968 | €265,298 | +€193,330 | +269% |
| Income taxes | 67/77 | €34,163 | €87,000 | +€52,837 | +155% |
| Profit (loss) for the period | 9904 | €37,805 | €178,298 | +€140,493 | +372% |
| Profit (loss) for the period to be appropriated | 9905 | €37,805 | €178,298 | +€140,493 | +372% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.