SARCCO: 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.
SARCCO
Largest movements
- Tangible fixed assets -€144,708
down €144,708 (-10.8%), from €1.3m to €1.2m
of which Furniture and vehicles: -€100,843
- Cash -€34,500
down €34,500 (-34.6%), from €99,590 to €65,090
mainly Other debts (-€214,415) and Investment in fixed assets (net) (-€36,907)
- Other debts -€214,415
down €214,415 (-20.7%), from €1.0m to €823,285
- Profit (loss) carried forward +€81,890
up €81,890 (+317.2%), from €25,817 to €107,707
- Current portion of long-term debt -€32,083
down €32,083 (-58.3%), from €55,026 to €22,943
- Debts after one year -€22,943
down €22,943 (-10.6%), from €215,759 to €192,817
- Trade debts +€15,371
up €15,371 (+224.6%), from €6,842 to €22,213
- Taxes +€30,000
new in 2025: €30,000
- Other operating charges +€27,392
up €27,392 (+66.8%), from €41,035 to €68,427
- Depreciation -€19,456
down €19,456 (-9.7%), from €201,070 to €181,615
- Purchases and services +€12,152
up €12,152 (+8.6%), from €141,232 to €153,383
- Gross operating margin -€11,081
down €11,081 (-2.9%), from €383,055 to €371,974
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.
Cash bridge derived
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 | €1,494,147 | €1,319,515 | -€174,632 | -11.7% |
| Fixed assets | 21/28 | €1,346,389 | €1,201,681 | -€144,708 | -10.7% |
| Tangible fixed assets | 22/27 | €1,346,099 | €1,201,391 | -€144,708 | -10.8% |
| Land and buildings | 22 | €731,693 | €682,828 | -€48,865 | -6.7% |
| Furniture and vehicles | 24 | €614,407 | €513,563 | -€100,843 | -16.4% |
| Other tangible fixed assets | 26 | - | €5,000 | +€5,000 | |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €147,758 | €117,834 | -€29,924 | -20.3% |
| Amounts receivable within one year | 40/41 | €48,168 | €52,744 | +€4,576 | +9.5% |
| Trade receivables | 40 | €40,538 | €52,744 | +€12,206 | +30.1% |
| Other amounts receivable | 41 | €7,630 | - | -€7,630 | |
| Cash at bank and in hand | 54/58 | €99,590 | €65,090 | -€34,500 | -34.6% |
| Total equity and liabilities | 10/49 | €1,494,147 | €1,319,515 | -€174,632 | -11.7% |
| Equity | 10/15 | €155,817 | €237,707 | +€81,890 | +52.6% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Legal reserve | 130 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,817 | €107,707 | +€81,890 | +317.2% |
| Amounts payable | 17/49 | €1,338,331 | €1,081,809 | -€256,522 | -19.2% |
| Amounts payable after more than one year | 17 | €215,759 | €192,817 | -€22,943 | -10.6% |
| Financial debts | 170/4 | €215,759 | €192,817 | -€22,943 | -10.6% |
| Amounts payable within one year | 42/48 | €1,122,571 | €888,992 | -€233,579 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €55,026 | €22,943 | -€32,083 | -58.3% |
| Trade debts | 44 | €6,842 | €22,213 | +€15,371 | +224.6% |
| Suppliers | 440/4 | €6,842 | €22,213 | +€15,371 | +224.6% |
| Taxes, remuneration and social security | 45 | €23,004 | €20,552 | -€2,452 | -10.7% |
| Taxes | 450/3 | €23,004 | €20,552 | -€2,452 | -10.7% |
| Other amounts payable | 47/48 | €1,037,700 | €823,285 | -€214,415 | -20.7% |
| Turnover | 70 | €524,287 | €525,358 | +€1,071 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €141,232 | €153,383 | +€12,152 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,070 | €181,615 | -€19,456 | -9.7% |
| Other operating charges | 640/8 | €41,035 | €68,427 | +€27,392 | +66.8% |
| Non-recurring operating charges | 66A | €5,200 | €6,705 | +€1,505 | +28.9% |
| Gross operating margin | 9900 | €383,055 | €371,974 | -€11,081 | -2.9% |
| Operating profit (loss) | 9901 | €135,750 | €115,228 | -€20,523 | -15.1% |
| Financial income | 75/76B | €3 | €9,441 | +€9,439 | +374544.8% |
| Recurring financial income | 75 | €3 | €514 | +€511 | +20294.8% |
| Non-recurring financial income | 76B | - | €8,927 | +€8,927 | |
| Financial charges | 65/66B | €7,806 | €12,779 | +€4,973 | +63.7% |
| Recurring financial charges | 65 | €7,806 | €12,779 | +€4,973 | +63.7% |
| Profit (loss) for the period before taxes | 9903 | €127,947 | €111,890 | -€16,057 | -12.5% |
| Income taxes | 67/77 | - | €30,000 | +€30,000 | |
| Profit (loss) for the period | 9904 | €127,947 | €81,890 | -€46,057 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €127,947 | €81,890 | -€46,057 | -36.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.