SARACAPELO: 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.
SARACAPELO
Largest movements
- Receivables within one year +€24,706
up €24,706 (+187.9%), from €13,150 to €37,856
of which Trade receivables: +€24,699
- Tangible fixed assets +€12,063
up €12,063 (+409.7%), from €2,944 to €15,007
- Cash +€975
up €975 (+13.4%), from €7,290 to €8,265
mainly Net result for the year (+€22,970) and Trade debts (+€16,849)
- Profit (loss) carried forward +€22,970
up €22,970 (+86.8%), from -€26,461 to -€3,491
- Trade debts +€16,849
up €16,849 (+67.3%), from €25,036 to €41,885
- Other debts -€6,198
down €6,198 (-95.8%), from €6,473 to €275
- Tax, wage and social debts +€4,890
up €4,890 (+64.7%), from €7,555 to €12,445
of which Taxes: +€4,115
- Gross operating margin +€11,571
up €11,571 (+26.1%), from €44,351 to €55,922
- Taxes +€2,499
up €2,499 (+1350.8%), from €185 to €2,684
- Staff costs -€2,212
down €2,212 (-7.7%), from €28,833 to €26,621
- Depreciation +€1,755
up €1,755 (+131.5%), from €1,335 to €3,090
- Other operating charges -€641
down €641 (-52.8%), from €1,214 to €573
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 | €40,595 | €78,964 | +€38,369 | +94.5% |
| Fixed assets | 21/28 | €3,194 | €15,257 | +€12,063 | +377.7% |
| Tangible fixed assets | 22/27 | €2,944 | €15,007 | +€12,063 | +409.7% |
| Furniture and vehicles | 24 | €2,944 | €15,007 | +€12,063 | +409.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €37,401 | €63,707 | +€26,306 | +70.3% |
| Stocks and contracts in progress | 3 | €16,541 | €17,218 | +€677 | +4.1% |
| Stocks | 30/36 | €16,541 | €17,218 | +€677 | +4.1% |
| Amounts receivable within one year | 40/41 | €13,150 | €37,856 | +€24,706 | +187.9% |
| Trade receivables | 40 | €13,138 | €37,837 | +€24,699 | +188.0% |
| Other amounts receivable | 41 | €12 | €19 | +€7 | +58.3% |
| Cash at bank and in hand | 54/58 | €7,290 | €8,265 | +€975 | +13.4% |
| Deferred charges and accrued income | 490/1 | €420 | €368 | -€52 | -12.4% |
| Total equity and liabilities | 10/49 | €40,595 | €78,964 | +€38,369 | +94.5% |
| Equity | 10/15 | -€7,861 | €15,109 | +€22,970 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,461 | -€3,491 | +€22,970 | +86.8% |
| Amounts payable | 17/49 | €48,456 | €63,855 | +€15,399 | +31.8% |
| Amounts payable after more than one year | 17 | €9,250 | €9,250 | = | 0.0% |
| Other amounts payable | 178/9 | €9,250 | €9,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €39,206 | €54,605 | +€15,399 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €142 | - | -€142 | |
| Trade debts | 44 | €25,036 | €41,885 | +€16,849 | +67.3% |
| Suppliers | 440/4 | €25,036 | €41,885 | +€16,849 | +67.3% |
| Taxes, remuneration and social security | 45 | €7,555 | €12,445 | +€4,890 | +64.7% |
| Taxes | 450/3 | €4,894 | €9,009 | +€4,115 | +84.1% |
| Remuneration and social security | 454/9 | €2,661 | €3,436 | +€775 | +29.1% |
| Other amounts payable | 47/48 | €6,473 | €275 | -€6,198 | -95.8% |
| Non-recurring operating income | 76A | - | €4,420 | +€4,420 | |
| Remuneration, social security and pensions | 62 | €28,833 | €26,621 | -€2,212 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,335 | €3,090 | +€1,755 | +131.5% |
| Other operating charges | 640/8 | €1,214 | €573 | -€641 | -52.8% |
| Gross operating margin | 9900 | €44,351 | €55,922 | +€11,571 | +26.1% |
| Operating profit (loss) | 9901 | €12,969 | €25,638 | +€12,669 | +97.7% |
| Financial income | 75/76B | €707 | €656 | -€51 | -7.2% |
| Recurring financial income | 75 | €707 | €656 | -€51 | -7.2% |
| Financial charges | 65/66B | €887 | €640 | -€247 | -27.8% |
| Recurring financial charges | 65 | €887 | €640 | -€247 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €12,789 | €25,654 | +€12,865 | +100.6% |
| Income taxes | 67/77 | €185 | €2,684 | +€2,499 | +1350.8% |
| Profit (loss) for the period | 9904 | €12,604 | €22,970 | +€10,366 | +82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,604 | €22,970 | +€10,366 | +82.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.