SARAH & Co.: 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.
SARAH & Co.
Largest movements
- Stocks and contracts +€9,000
up €9,000 (+66.7%), from €13,500 to €22,500
- Cash +€2,420
up €2,420 (+11.6%), from €20,943 to €23,362
mainly Trade debts (+€12,592) and Short-term financial debts (+€495)
- Trade debts +€12,592
up €12,592 (+442%), from €2,850 to €15,441
- Gross operating margin +€3,305
up €3,305 (+236%), from €1,401 to €4,706
- Financial charges +€386
up €386 (+18.6%), from €2,078 to €2,463
- Other operating charges +€308
up €308 (+12.3%), from €2,514 to €2,823
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 | €76,610 | €89,117 | +€12,507 | +16.3% |
| Current assets | 29/58 | €76,610 | €89,117 | +€12,507 | +16.3% |
| Amounts receivable after more than one year | 29 | €38,400 | €38,400 | = | 0.0% |
| Trade receivables | 290 | €38,400 | €38,400 | = | 0.0% |
| Stocks and contracts in progress | 3 | €13,500 | €22,500 | +€9,000 | +66.7% |
| Stocks | 30/36 | €13,500 | €22,500 | +€9,000 | +66.7% |
| Amounts receivable within one year | 40/41 | €3,768 | €4,646 | +€878 | +23.3% |
| Other amounts receivable | 41 | €3,768 | €4,646 | +€878 | +23.3% |
| Cash at bank and in hand | 54/58 | €20,943 | €23,362 | +€2,420 | +11.6% |
| Deferred charges and accrued income | 490/1 | - | €209 | +€209 | |
| Total equity and liabilities | 10/49 | €76,610 | €89,117 | +€12,507 | +16.3% |
| Equity | 10/15 | €61,376 | €60,796 | -€580 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,916 | €40,336 | -€580 | -1.4% |
| Amounts payable | 17/49 | €15,234 | €28,321 | +€13,087 | +85.9% |
| Amounts payable within one year | 42/48 | €15,234 | €28,321 | +€13,087 | +85.9% |
| Financial debts | 43 | €12,385 | €12,880 | +€495 | +4.0% |
| Credit institutions | 430/8 | €12,385 | €12,880 | +€495 | +4.0% |
| Trade debts | 44 | €2,850 | €15,441 | +€12,592 | +442% |
| Suppliers | 440/4 | €2,850 | €15,441 | +€12,592 | +442% |
| Other operating charges | 640/8 | €2,514 | €2,823 | +€308 | +12.3% |
| Gross operating margin | 9900 | €1,401 | €4,706 | +€3,305 | +236% |
| Operating profit (loss) | 9901 | -€1,114 | €1,883 | +€2,997 | |
| Financial charges | 65/66B | €2,078 | €2,463 | +€386 | +18.6% |
| Recurring financial charges | 65 | €2,078 | €2,463 | +€386 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,191 | -€580 | +€2,611 | +81.8% |
| Profit (loss) for the period | 9904 | -€3,191 | -€580 | +€2,611 | +81.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,191 | -€580 | +€2,611 | +81.8% |
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 26 October 2026 via checked.be.