SARATEX: 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.
SARATEX
Largest movements
- Receivables within one year +€51,826
up €51,826 (+13.0%), from €398,790 to €450,617
of which Other amounts receivable: +€36,538
- Cash -€18,930
down €18,930 (-89.7%), from €21,106 to €2,177
mainly Trade debts (-€73,152) and Receivables within one year (-€51,826)
- Profit (loss) carried forward +€94,715
up €94,715 (+178.6%), from €53,023 to €147,739
- Trade debts -€73,152
down €73,152 (-22.4%), from €326,674 to €253,522
- Tax, wage and social debts +€16,991
up €16,991 (+46.8%), from €36,334 to €53,325
of which Taxes: +€20,821
- Gross operating margin +€76,420
up €76,420 (+63.3%), from €120,732 to €197,152
- Taxes +€51,653
up €51,653 (+636.3%), from €8,117 to €59,770
- Other operating charges -€31,718
down €31,718 (-92.9%), from €34,125 to €2,407
- Staff costs -€27,491
down €27,491 (-45.6%), from €60,244 to €32,752
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.
Cash bridge derived
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 | €444,704 | €475,110 | +€30,406 | +6.8% |
| Fixed assets | 21/28 | €22,543 | €20,847 | -€1,696 | -7.5% |
| Tangible fixed assets | 22/27 | €18,043 | €16,347 | -€1,696 | -9.4% |
| Plant, machinery and equipment | 23 | €1,261 | €4,154 | +€2,894 | +229.5% |
| Furniture and vehicles | 24 | €16,783 | €12,193 | -€4,590 | -27.3% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €422,161 | €454,263 | +€32,102 | +7.6% |
| Amounts receivable after more than one year | 29 | €1,470 | €1,470 | = | 0.0% |
| Trade receivables | 290 | €1,470 | €1,470 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €398,790 | €450,617 | +€51,826 | +13.0% |
| Trade receivables | 40 | €294,889 | €310,178 | +€15,288 | +5.2% |
| Other amounts receivable | 41 | €103,901 | €140,439 | +€36,538 | +35.2% |
| Cash at bank and in hand | 54/58 | €21,106 | €2,177 | -€18,930 | -89.7% |
| Deferred charges and accrued income | 490/1 | €795 | - | -€795 | |
| Total equity and liabilities | 10/49 | €444,704 | €475,110 | +€30,406 | +6.8% |
| Equity | 10/15 | €73,428 | €168,144 | +€94,715 | +129.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,023 | €147,739 | +€94,715 | +178.6% |
| Amounts payable | 17/49 | €371,276 | €306,967 | -€64,310 | -17.3% |
| Amounts payable after more than one year | 17 | €3,728 | - | -€3,728 | |
| Financial debts | 170/4 | €3,728 | - | -€3,728 | |
| Amounts payable within one year | 42/48 | €367,548 | €306,967 | -€60,582 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €4,421 | - | -€4,421 | |
| Financial debts | 43 | €120 | €120 | = | 0.0% |
| Credit institutions | 430/8 | €120 | €120 | = | 0.0% |
| Trade debts | 44 | €326,674 | €253,522 | -€73,152 | -22.4% |
| Suppliers | 440/4 | €326,674 | €253,522 | -€73,152 | -22.4% |
| Taxes, remuneration and social security | 45 | €36,334 | €53,325 | +€16,991 | +46.8% |
| Taxes | 450/3 | €32,053 | €52,873 | +€20,821 | +65.0% |
| Remuneration and social security | 454/9 | €4,281 | €452 | -€3,830 | -89.5% |
| Remuneration, social security and pensions | 62 | €60,244 | €32,752 | -€27,491 | -45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,761 | €5,786 | +€25 | +0.4% |
| Other operating charges | 640/8 | €34,125 | €2,407 | -€31,718 | -92.9% |
| Gross operating margin | 9900 | €120,732 | €197,152 | +€76,420 | +63.3% |
| Operating profit (loss) | 9901 | €20,602 | €156,206 | +€135,604 | +658.2% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €1,445 | €1,720 | +€275 | +19.0% |
| Recurring financial charges | 65 | €1,445 | €1,720 | +€275 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €19,166 | €154,486 | +€135,319 | +706.0% |
| Income taxes | 67/77 | €8,117 | €59,770 | +€51,653 | +636.3% |
| Profit (loss) for the period | 9904 | €11,049 | €94,715 | +€83,667 | +757.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,049 | €94,715 | +€83,667 | +757.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.