SARA VOS: 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.
SARA VOS
Largest movements
- Receivables within one year -€830
down €830 (-5.0%), from €16,573 to €15,743
- Reserves -€830
down €830 (-19.9%), from €4,173 to €3,343
of which Distributable reserves: -€830
- Taxes -€34,998
no longer reported in 2025 (was €34,998)
- Gross operating margin -€171
down €171 (-25.9%), from -€659 to -€830
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,573 | €15,743 | -€830 | -5.0% |
| Current assets | 29/58 | €16,573 | €15,743 | -€830 | -5.0% |
| Amounts receivable within one year | 40/41 | €16,573 | €15,743 | -€830 | -5.0% |
| Other amounts receivable | 41 | €16,573 | €15,743 | -€830 | -5.0% |
| Total equity and liabilities | 10/49 | €16,573 | €15,743 | -€830 | -5.0% |
| Equity | 10/15 | €16,573 | €15,743 | -€830 | -5.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,173 | €3,343 | -€830 | -19.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,313 | €1,483 | -€830 | -35.9% |
| Gross operating margin | 9900 | -€659 | -€830 | -€171 | -25.9% |
| Operating profit (loss) | 9901 | -€659 | -€830 | -€171 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€659 | -€830 | -€171 | -25.9% |
| Income taxes | 67/77 | €34,998 | - | -€34,998 | |
| Profit (loss) for the period | 9904 | -€35,658 | -€830 | +€34,827 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,658 | -€830 | +€34,827 | +97.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.