SARDINIA: 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.
SARDINIA
Largest movements
- Cash -€188,023
down €188,023 (-65.0%), from €289,280 to €101,257
mainly Receivables within one year (-€132,977) and Tax, wage and social debts (-€42,503)
- Receivables within one year +€132,977
up €132,977 (+708%), from €18,783 to €151,760
- Tax, wage and social debts -€42,503
no longer reported in 2025 (was €42,503)
- Profit (loss) carried forward -€12,373
down €12,373 (-9.2%), from €135,102 to €122,729
- Financial income -€196,980
down €196,980 (-99.4%), from €198,101 to €1,121
of which Non-recurring financial income: -€195,885
- Taxes -€42,503
no longer reported in 2025 (was €42,503)
- Purchases and services -€14,926
no longer reported in 2025 (was €14,926)
- Gross operating margin +€2,207
up €2,207 (+14.8%), from -€14,926 to -€12,719
- Other operating charges +€156
up €156 (+30.2%), from €516 to €672
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 | €483,778 | €429,046 | -€54,732 | -11.3% |
| Fixed assets | 21/28 | €67,531 | €67,531 | = | 0.0% |
| Tangible fixed assets | 22/27 | €67,531 | €67,531 | = | 0.0% |
| Land and buildings | 22 | €67,531 | €67,531 | = | 0.0% |
| Current assets | 29/58 | €416,248 | €361,515 | -€54,732 | -13.1% |
| Amounts receivable after more than one year | 29 | €107,827 | €107,827 | = | 0.0% |
| Other amounts receivable | 291 | €107,827 | €107,827 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,783 | €151,760 | +€132,977 | +708% |
| Other amounts receivable | 41 | €18,783 | €151,760 | +€132,977 | +708% |
| Cash at bank and in hand | 54/58 | €289,280 | €101,257 | -€188,023 | -65.0% |
| Deferred charges and accrued income | 490/1 | €357 | €671 | +€314 | +88.0% |
| Total equity and liabilities | 10/49 | €483,778 | €429,046 | -€54,732 | -11.3% |
| Equity | 10/15 | €441,275 | €428,902 | -€12,373 | -2.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €287,581 | €287,581 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €285,722 | €285,722 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,102 | €122,729 | -€12,373 | -9.2% |
| Amounts payable | 17/49 | €42,503 | €144 | -€42,359 | -99.7% |
| Amounts payable within one year | 42/48 | €42,503 | €144 | -€42,359 | -99.7% |
| Trade debts | 44 | - | €144 | +€144 | |
| Suppliers | 440/4 | - | €144 | +€144 | |
| Taxes, remuneration and social security | 45 | €42,503 | - | -€42,503 | |
| Taxes | 450/3 | €42,503 | - | -€42,503 | |
| Goods, raw materials, services and sundry goods | 60/61 | €14,926 | - | -€14,926 | |
| Other operating charges | 640/8 | €516 | €672 | +€156 | +30.2% |
| Gross operating margin | 9900 | -€14,926 | -€12,719 | +€2,207 | +14.8% |
| Operating profit (loss) | 9901 | -€15,442 | -€13,391 | +€2,051 | +13.3% |
| Financial income | 75/76B | €198,101 | €1,121 | -€196,980 | -99.4% |
| Recurring financial income | 75 | €2,216 | €1,121 | -€1,095 | -49.4% |
| Non-recurring financial income | 76B | €195,885 | - | -€195,885 | |
| Financial charges | 65/66B | €99 | €104 | +€5 | +4.5% |
| Recurring financial charges | 65 | €99 | €104 | +€5 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €182,560 | -€12,373 | -€194,933 | |
| Income taxes | 67/77 | €42,503 | - | -€42,503 | |
| Profit (loss) for the period | 9904 | €140,057 | -€12,373 | -€152,430 | |
| Profit (loss) for the period to be appropriated | 9905 | €140,057 | -€12,373 | -€152,430 |
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 14 October 2026 via checked.be.