SARA VERDES: 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.
SARA VERDES
Largest movements
- Cash -€1,571
down €1,571 (-9.8%), from €16,080 to €14,508
mainly Net result for the year (-€2,361) and Deferred charges and accrued income (-€5)
- Profit (loss) carried forward -€2,361
down €2,361 (-0.6%), from -€422,542 to -€424,903
- Trade debts +€447
up €447, from €0 to €447
- Gross operating margin +€5,583
up €5,583 (+75.9%), from -€7,358 to -€1,776
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.
Cash bridge derived
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 | €31,742 | €29,893 | -€1,849 | -5.8% |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €30,242 | €28,393 | -€1,849 | -6.1% |
| Amounts receivable within one year | 40/41 | €14,163 | €13,880 | -€282 | -2.0% |
| Trade receivables | 40 | €13,834 | €13,834 | = | 0.0% |
| Other amounts receivable | 41 | €329 | €47 | -€282 | -85.8% |
| Cash at bank and in hand | 54/58 | €16,080 | €14,508 | -€1,571 | -9.8% |
| Deferred charges and accrued income | 490/1 | €0 | €5 | +€5 | |
| Total equity and liabilities | 10/49 | €31,742 | €29,893 | -€1,849 | -5.8% |
| Equity | 10/15 | -€403,942 | -€406,303 | -€2,361 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€422,542 | -€424,903 | -€2,361 | -0.6% |
| Amounts payable | 17/49 | €435,684 | €436,196 | +€512 | +0.1% |
| Amounts payable within one year | 42/48 | €435,684 | €436,196 | +€512 | +0.1% |
| Trade debts | 44 | €0 | €447 | +€447 | |
| Suppliers | 440/4 | €0 | €447 | +€447 | |
| Other amounts payable | 47/48 | €435,684 | €435,750 | +€66 | 0.0% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€7,358 | -€1,776 | +€5,583 | +75.9% |
| Operating profit (loss) | 9901 | -€7,927 | -€2,361 | +€5,566 | +70.2% |
| Financial charges | 65/66B | €0 | - | = | |
| Recurring financial charges | 65 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€7,927 | -€2,361 | +€5,566 | +70.2% |
| Profit (loss) for the period | 9904 | -€7,927 | -€2,361 | +€5,566 | +70.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,927 | -€2,361 | +€5,566 | +70.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.