SARAH ELEGANCE: 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 ELEGANCE
Largest movements
- Receivables within one year +€29,508
up €29,508 (+108%), from €27,298 to €56,806
- Stocks and contracts +€11,294
up €11,294 (+148%), from €7,629 to €18,923
- Tangible fixed assets -€3,726
down €3,726 (-16.8%), from €22,228 to €18,502
- Cash +€3,114
up €3,114 (+41.6%), from €7,493 to €10,607
mainly Trade debts (+€25,123) and Net result for the year (+€12,460)
- Trade debts +€25,123
up €25,123 (+380%), from €6,618 to €31,741
- Profit (loss) carried forward +€12,460
up €12,460 (+42.8%), from €29,080 to €41,540
- Tax, wage and social debts +€4,565
up €4,565 (+30.9%), from €14,793 to €19,358
of which Taxes: +€2,689
- Other debts -€1,385
down €1,385 (-19.4%), from €7,122 to €5,737
- Staff costs -€22,319
down €22,319 (-29.6%), from €75,526 to €53,207
- Gross operating margin -€20,246
down €20,246 (-20.2%), from €100,032 to €79,786
- Purchases and services -€18,938
down €18,938 (-7.3%), from €258,496 to €239,558
- Depreciation -€2,877
down €2,877 (-43.6%), from €6,603 to €3,726
- Other operating charges -€2,322
down €2,322 (-54.9%), from €4,230 to €1,908
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,648 | €104,838 | +€40,190 | +62.2% |
| Fixed assets | 21/28 | €22,228 | €18,502 | -€3,726 | -16.8% |
| Tangible fixed assets | 22/27 | €22,228 | €18,502 | -€3,726 | -16.8% |
| Furniture and vehicles | 24 | €22,228 | €18,502 | -€3,726 | -16.8% |
| Current assets | 29/58 | €42,420 | €86,336 | +€43,916 | +104% |
| Stocks and contracts in progress | 3 | €7,629 | €18,923 | +€11,294 | +148% |
| Stocks | 30/36 | €7,629 | €18,923 | +€11,294 | +148% |
| Amounts receivable within one year | 40/41 | €27,298 | €56,806 | +€29,508 | +108% |
| Trade receivables | 40 | €27,298 | €56,806 | +€29,508 | +108% |
| Cash at bank and in hand | 54/58 | €7,493 | €10,607 | +€3,114 | +41.6% |
| Total equity and liabilities | 10/49 | €64,648 | €104,838 | +€40,190 | +62.2% |
| Equity | 10/15 | €35,542 | €48,002 | +€12,460 | +35.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €262 | €262 | = | 0.0% |
| Non-distributable reserves | 130/1 | €262 | €262 | = | 0.0% |
| Reserves not available under the articles | 1311 | €262 | €262 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,080 | €41,540 | +€12,460 | +42.8% |
| Amounts payable | 17/49 | €29,106 | €56,836 | +€27,730 | +95.3% |
| Amounts payable within one year | 42/48 | €28,533 | €56,836 | +€28,303 | +99.2% |
| Trade debts | 44 | €6,618 | €31,741 | +€25,123 | +380% |
| Suppliers | 440/4 | €6,618 | €31,741 | +€25,123 | +380% |
| Taxes, remuneration and social security | 45 | €14,793 | €19,358 | +€4,565 | +30.9% |
| Taxes | 450/3 | €7,495 | €10,184 | +€2,689 | +35.9% |
| Remuneration and social security | 454/9 | €7,298 | €9,174 | +€1,876 | +25.7% |
| Other amounts payable | 47/48 | €7,122 | €5,737 | -€1,385 | -19.4% |
| Accrued charges and deferred income | 492/3 | €573 | - | -€573 | |
| Goods, raw materials, services and sundry goods | 60/61 | €258,496 | €239,558 | -€18,938 | -7.3% |
| Remuneration, social security and pensions | 62 | €75,526 | €53,207 | -€22,319 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,603 | €3,726 | -€2,877 | -43.6% |
| Other operating charges | 640/8 | €4,230 | €1,908 | -€2,322 | -54.9% |
| Gross operating margin | 9900 | €100,032 | €79,786 | -€20,246 | -20.2% |
| Operating profit (loss) | 9901 | €13,673 | €20,945 | +€7,272 | +53.2% |
| Financial charges | 65/66B | €2,767 | €3,464 | +€697 | +25.2% |
| Recurring financial charges | 65 | €2,767 | €3,464 | +€697 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €10,906 | €17,481 | +€6,575 | +60.3% |
| Income taxes | 67/77 | €4,090 | €5,021 | +€931 | +22.8% |
| Profit (loss) for the period | 9904 | €6,816 | €12,460 | +€5,644 | +82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,816 | €12,460 | +€5,644 | +82.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.