SARAH-JEAN: what changed
SARAH-JEAN
Largest movements
- Receivables within one year -€33,302
down €33,302 (-84.6%), from €39,366 to €6,064
of which Trade receivables: -€35,132
- Cash +€32,971
up €32,971 (+112%), from €29,512 to €62,483
mainly Receivables within one year (+€33,302) and Net result for the year (+€12,678)
- Tangible fixed assets -€956
down €956 (-74.4%), from €1,286 to €330
- Other debts +€9,309
up €9,309 (+7,315%), from €127 to €9,437
- Reserves -€5,960
down €5,960 (-11.2%), from €53,266 to €47,306
of which Distributable reserves: -€4,100
- Tax, wage and social debts -€4,681
down €4,681 (-71.5%), from €6,542 to €1,861
- Other operating charges +€1,281
up €1,281 (+260%), from €493 to €1,774
- Gross operating margin +€683
up €683 (+3.1%), from €21,853 to €22,535
- Taxes -€273
down €273 (-3.6%), from €7,503 to €7,230
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,164 | €68,877 | -€1,287 | -1.8% |
| Fixed assets | 21/28 | €1,286 | €330 | -€956 | -74.4% |
| Tangible fixed assets | 22/27 | €1,286 | €330 | -€956 | -74.4% |
| Plant, machinery and equipment | 23 | €1,286 | €330 | -€956 | -74.4% |
| Current assets | 29/58 | €68,878 | €68,547 | -€331 | -0.5% |
| Amounts receivable within one year | 40/41 | €39,366 | €6,064 | -€33,302 | -84.6% |
| Trade receivables | 40 | €39,366 | €4,234 | -€35,132 | -89.2% |
| Other amounts receivable | 41 | - | €1,829 | +€1,829 | |
| Cash at bank and in hand | 54/58 | €29,512 | €62,483 | +€32,971 | +112% |
| Total equity and liabilities | 10/49 | €70,164 | €68,877 | -€1,287 | -1.8% |
| Equity | 10/15 | €62,929 | €56,969 | -€5,960 | -9.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €53,266 | €47,306 | -€5,960 | -11.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €51,406 | €47,306 | -€4,100 | -8.0% |
| Profit (loss) carried forward | 14 | €6,663 | €6,663 | = | 0.0% |
| Amounts payable | 17/49 | €7,235 | €11,908 | +€4,673 | +64.6% |
| Amounts payable within one year | 42/48 | €7,235 | €11,908 | +€4,673 | +64.6% |
| Trade debts | 44 | €565 | €610 | +€44 | +7.9% |
| Suppliers | 440/4 | €565 | €610 | +€44 | +7.9% |
| Taxes, remuneration and social security | 45 | €6,542 | €1,861 | -€4,681 | -71.5% |
| Taxes | 450/3 | €6,542 | €1,861 | -€4,681 | -71.5% |
| Other amounts payable | 47/48 | €127 | €9,437 | +€9,309 | +7,315% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €853 | €956 | +€104 | +12.1% |
| Other operating charges | 640/8 | €493 | €1,774 | +€1,281 | +260% |
| Gross operating margin | 9900 | €21,853 | €22,535 | +€683 | +3.1% |
| Operating profit (loss) | 9901 | €20,506 | €19,805 | -€702 | -3.4% |
| Financial income | 75/76B | €71 | €199 | +€128 | +179% |
| Recurring financial income | 75 | €71 | €199 | +€128 | +179% |
| Financial charges | 65/66B | €91 | €95 | +€4 | +4.9% |
| Recurring financial charges | 65 | €91 | €95 | +€4 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €20,487 | €19,909 | -€578 | -2.8% |
| Income taxes | 67/77 | €7,503 | €7,230 | -€273 | -3.6% |
| Profit (loss) for the period | 9904 | €12,984 | €12,678 | -€306 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,984 | €12,678 | -€306 | -2.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.