SARICAL DISTRIBUTION: 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.
SARICAL DISTRIBUTION
Largest movements
- Cash -€194,584
down €194,584 (-56.9%), from €342,268 to €147,684
mainly Other debts (-€181,325) and Debts after one year (-€88,965)
- Intangible fixed assets -€65,000
down €65,000 (-20.7%), from €314,167 to €249,167
- Tangible fixed assets -€30,459
down €30,459 (-20.9%), from €145,478 to €115,019
- Stocks and contracts +€13,509
up €13,509 (+7.6%), from €177,519 to €191,028
- Other debts -€181,325
down €181,325 (-79.9%), from €227,081 to €45,756
- Debts after one year -€88,965
down €88,965 (-80.9%), from €109,978 to €21,013
- Trade debts -€25,201
down €25,201 (-9.6%), from €263,854 to €238,653
- Profit (loss) carried forward +€13,226
up €13,226 (+8.1%), from €164,120 to €177,346
- Gross operating margin -€113,663
down €113,663 (-17.9%), from €633,290 to €519,627
- Staff costs -€28,864
down €28,864 (-7.6%), from €379,695 to €350,830
- Taxes -€25,769
down €25,769 (-72.1%), from €35,754 to €9,985
- Other operating charges +€15,256
up €15,256 (+233.4%), from €6,536 to €21,792
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 | €1,019,648 | €746,286 | -€273,362 | -26.8% |
| Fixed assets | 21/28 | €459,645 | €364,186 | -€95,459 | -20.8% |
| Intangible fixed assets | 21 | €314,167 | €249,167 | -€65,000 | -20.7% |
| Tangible fixed assets | 22/27 | €145,478 | €115,019 | -€30,459 | -20.9% |
| Plant, machinery and equipment | 23 | €54,886 | €44,953 | -€9,933 | -18.1% |
| Furniture and vehicles | 24 | €14,032 | €8,490 | -€5,542 | -39.5% |
| Other tangible fixed assets | 26 | €76,560 | €61,576 | -€14,984 | -19.6% |
| Current assets | 29/58 | €560,003 | €382,100 | -€177,903 | -31.8% |
| Stocks and contracts in progress | 3 | €177,519 | €191,028 | +€13,509 | +7.6% |
| Stocks | 30/36 | €177,519 | €191,028 | +€13,509 | +7.6% |
| Amounts receivable within one year | 40/41 | €35,532 | €40,336 | +€4,804 | +13.5% |
| Trade receivables | 40 | €18,160 | €17,349 | -€811 | -4.5% |
| Other amounts receivable | 41 | €17,372 | €22,987 | +€5,615 | +32.3% |
| Cash at bank and in hand | 54/58 | €342,268 | €147,684 | -€194,584 | -56.9% |
| Deferred charges and accrued income | 490/1 | €4,684 | €3,052 | -€1,633 | -34.9% |
| Total equity and liabilities | 10/49 | €1,019,648 | €746,286 | -€273,362 | -26.8% |
| Equity | 10/15 | €277,270 | €290,496 | +€13,226 | +4.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €63,150 | €63,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,120 | €177,346 | +€13,226 | +8.1% |
| Amounts payable | 17/49 | €742,378 | €455,789 | -€286,589 | -38.6% |
| Amounts payable after more than one year | 17 | €109,978 | €21,013 | -€88,965 | -80.9% |
| Financial debts | 170/4 | €109,978 | €21,013 | -€88,965 | -80.9% |
| Amounts payable within one year | 42/48 | €628,920 | €430,686 | -€198,234 | -31.5% |
| Current portion of amounts payable after more than one year | 42 | €95,024 | €101,390 | +€6,366 | +6.7% |
| Trade debts | 44 | €263,854 | €238,653 | -€25,201 | -9.6% |
| Suppliers | 440/4 | €263,854 | €238,653 | -€25,201 | -9.6% |
| Taxes, remuneration and social security | 45 | €42,961 | €44,887 | +€1,926 | +4.5% |
| Taxes | 450/3 | €2,851 | €4,309 | +€1,457 | +51.1% |
| Remuneration and social security | 454/9 | €40,110 | €40,578 | +€468 | +1.2% |
| Other amounts payable | 47/48 | €227,081 | €45,756 | -€181,325 | -79.9% |
| Accrued charges and deferred income | 492/3 | €3,480 | €4,091 | +€611 | +17.5% |
| Remuneration, social security and pensions | 62 | €379,695 | €350,830 | -€28,864 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,954 | €99,206 | +€1,252 | +1.3% |
| Other operating charges | 640/8 | €6,536 | €21,792 | +€15,256 | +233.4% |
| Gross operating margin | 9900 | €633,290 | €519,627 | -€113,663 | -17.9% |
| Operating profit (loss) | 9901 | €149,106 | €47,798 | -€101,308 | -67.9% |
| Financial income | 75/76B | €2,652 | €3,522 | +€870 | +32.8% |
| Recurring financial income | 75 | €2,652 | €3,522 | +€870 | +32.8% |
| Financial charges | 65/66B | €23,767 | €28,109 | +€4,342 | +18.3% |
| Recurring financial charges | 65 | €23,767 | €28,109 | +€4,342 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €127,992 | €23,211 | -€104,780 | -81.9% |
| Income taxes | 67/77 | €35,754 | €9,985 | -€25,769 | -72.1% |
| Profit (loss) for the period | 9904 | €92,238 | €13,226 | -€79,012 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €92,238 | €13,226 | -€79,012 | -85.7% |
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 8 October 2026 via checked.be.