Sarcinum: 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.
Sarcinum
Largest movements
- Tangible fixed assets +€107,288
up €107,288 (+887.9%), from €12,083 to €119,371
of which Land and buildings: +€108,538
- Receivables within one year +€50,401
up €50,401 (+134.7%), from €37,421 to €87,822
of which Trade receivables: +€50,521
- Cash +€40,205
up €40,205 (+84.9%), from €47,347 to €87,552
mainly Debts after one year (+€93,760) and Net result for the year (+€84,231)
- Current investments +€12,090
up €12,090 (+401.8%), from €3,009 to €15,099
- Debts after one year +€93,760
new in 2025: €93,760
- Reserves +€83,000
up €83,000 (+162.7%), from €51,000 to €134,000
- Tax, wage and social debts +€23,863
up €23,863 (+62.7%), from €38,046 to €61,909
- Current portion of long-term debt +€9,418
new in 2025: €9,418
- Gross operating margin +€62,947
up €62,947 (+73.3%), from €85,850 to €148,797
- Depreciation +€16,918
up €16,918 (+4057.1%), from €417 to €17,335
- Taxes +€14,765
up €14,765 (+65.8%), from €22,439 to €37,204
- Other operating charges -€4,307
down €4,307 (-47.1%), from €9,150 to €4,843
- Financial charges +€2,983
up €2,983 (+128.0%), from €2,331 to €5,314
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 | €101,401 | €311,587 | +€210,186 | +207.3% |
| Fixed assets | 21/28 | €12,083 | €119,371 | +€107,288 | +887.9% |
| Tangible fixed assets | 22/27 | €12,083 | €119,371 | +€107,288 | +887.9% |
| Land and buildings | 22 | - | €108,538 | +€108,538 | |
| Other tangible fixed assets | 26 | €12,083 | €10,833 | -€1,250 | -10.3% |
| Current assets | 29/58 | €89,318 | €192,216 | +€102,898 | +115.2% |
| Amounts receivable within one year | 40/41 | €37,421 | €87,822 | +€50,401 | +134.7% |
| Trade receivables | 40 | €37,301 | €87,822 | +€50,521 | +135.4% |
| Other amounts receivable | 41 | €120 | - | -€120 | |
| Current investments | 50/53 | €3,009 | €15,099 | +€12,090 | +401.8% |
| Cash at bank and in hand | 54/58 | €47,347 | €87,552 | +€40,205 | +84.9% |
| Deferred charges and accrued income | 490/1 | €1,541 | €1,743 | +€202 | +13.1% |
| Total equity and liabilities | 10/49 | €101,401 | €311,587 | +€210,186 | +207.3% |
| Equity | 10/15 | €59,025 | €141,656 | +€82,631 | +140.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €51,000 | €134,000 | +€83,000 | +162.7% |
| Distributable reserves | 133 | €51,000 | €134,000 | +€83,000 | +162.7% |
| Profit (loss) carried forward | 14 | €525 | €156 | -€369 | -70.3% |
| Amounts payable | 17/49 | €42,376 | €169,931 | +€127,555 | +301.0% |
| Amounts payable after more than one year | 17 | - | €93,760 | +€93,760 | |
| Financial debts | 170/4 | - | €93,760 | +€93,760 | |
| Amounts payable within one year | 42/48 | €40,506 | €74,339 | +€33,833 | +83.5% |
| Current portion of amounts payable after more than one year | 42 | - | €9,418 | +€9,418 | |
| Trade debts | 44 | €423 | €768 | +€345 | +81.6% |
| Suppliers | 440/4 | €423 | €768 | +€345 | +81.6% |
| Taxes, remuneration and social security | 45 | €38,046 | €61,909 | +€23,863 | +62.7% |
| Taxes | 450/3 | €38,046 | €61,909 | +€23,863 | +62.7% |
| Other amounts payable | 47/48 | €2,037 | €2,244 | +€207 | +10.2% |
| Accrued charges and deferred income | 492/3 | €1,870 | €1,832 | -€38 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €417 | €17,335 | +€16,918 | +4057.1% |
| Other operating charges | 640/8 | €9,150 | €4,843 | -€4,307 | -47.1% |
| Gross operating margin | 9900 | €85,850 | €148,797 | +€62,947 | +73.3% |
| Operating profit (loss) | 9901 | €76,283 | €126,619 | +€50,336 | +66.0% |
| Financial income | 75/76B | €12 | €130 | +€118 | +983.3% |
| Recurring financial income | 75 | €12 | €130 | +€118 | +983.3% |
| Financial charges | 65/66B | €2,331 | €5,314 | +€2,983 | +128.0% |
| Recurring financial charges | 65 | €2,331 | €5,314 | +€2,983 | +128.0% |
| Profit (loss) for the period before taxes | 9903 | €73,964 | €121,435 | +€47,471 | +64.2% |
| Income taxes | 67/77 | €22,439 | €37,204 | +€14,765 | +65.8% |
| Profit (loss) for the period | 9904 | €51,525 | €84,231 | +€32,706 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €51,525 | €84,231 | +€32,706 | +63.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.