SARASA: 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.
SARASA
Largest movements
- Receivables within one year -€5,265
down €5,265 (-12.1%), from €43,597 to €38,332
of which Trade receivables: -€4,419
- Trade debts -€3,624
down €3,624 (-60.7%), from €5,975 to €2,350
- Reserves +€2,824
up €2,824 (+1.3%), from €209,606 to €212,430
- Gross operating margin -€11,799
down €11,799 (-18.3%), from €64,539 to €52,740
- Taxes -€2,816
down €2,816 (-15.9%), from €17,720 to €14,904
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 | €238,423 | €235,946 | -€2,477 | -1.0% |
| Fixed assets | 21/28 | €2,821 | €4,733 | +€1,913 | +67.8% |
| Tangible fixed assets | 22/27 | €2,821 | €4,733 | +€1,913 | +67.8% |
| Land and buildings | 22 | €896 | €795 | -€100 | -11.2% |
| Furniture and vehicles | 24 | €1,925 | €3,938 | +€2,013 | +105% |
| Current assets | 29/58 | €235,602 | €231,213 | -€4,389 | -1.9% |
| Amounts receivable within one year | 40/41 | €43,597 | €38,332 | -€5,265 | -12.1% |
| Trade receivables | 40 | €39,618 | €35,199 | -€4,419 | -11.2% |
| Other amounts receivable | 41 | €3,979 | €3,134 | -€845 | -21.2% |
| Cash at bank and in hand | 54/58 | €192,005 | €192,881 | +€875 | +0.5% |
| Total equity and liabilities | 10/49 | €238,423 | €235,946 | -€2,477 | -1.0% |
| Equity | 10/15 | €222,006 | €224,830 | +€2,824 | +1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €209,606 | €212,430 | +€2,824 | +1.3% |
| Distributable reserves | 133 | €209,606 | €212,430 | +€2,824 | +1.3% |
| Amounts payable | 17/49 | €16,417 | €11,116 | -€5,301 | -32.3% |
| Amounts payable within one year | 42/48 | €16,417 | €11,116 | -€5,301 | -32.3% |
| Trade debts | 44 | €5,975 | €2,350 | -€3,624 | -60.7% |
| Suppliers | 440/4 | €5,975 | €2,350 | -€3,624 | -60.7% |
| Taxes, remuneration and social security | 45 | €10,171 | €8,754 | -€1,418 | -13.9% |
| Taxes | 450/3 | €10,171 | €8,754 | -€1,418 | -13.9% |
| Other amounts payable | 47/48 | €271 | €12 | -€259 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,254 | €1,108 | -€146 | -11.7% |
| Other operating charges | 640/8 | €1,150 | €1,428 | +€278 | +24.2% |
| Gross operating margin | 9900 | €64,539 | €52,740 | -€11,799 | -18.3% |
| Operating profit (loss) | 9901 | €62,134 | €50,203 | -€11,931 | -19.2% |
| Financial income | 75/76B | €466 | €1,021 | +€555 | +119% |
| Recurring financial income | 75 | €466 | €1,021 | +€555 | +119% |
| Financial charges | 65/66B | €61 | €72 | +€11 | +17.9% |
| Recurring financial charges | 65 | €61 | €72 | +€11 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €62,539 | €51,152 | -€11,387 | -18.2% |
| Income taxes | 67/77 | €17,720 | €14,904 | -€2,816 | -15.9% |
| Profit (loss) for the period | 9904 | €44,819 | €36,248 | -€8,571 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,819 | €36,248 | -€8,571 | -19.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.