SARIMO: 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.
SARIMO
Largest movements
- Tangible fixed assets -€26,834
down €26,834 (-2.5%), from €1.1m to €1.1m
of which Land and buildings: -€16,815
- Current investments +€23,029
up €23,029 (+2.0%), from €1.1m to €1.2m
- Profit (loss) carried forward +€29,638
up €29,638 (+9.3%), from €318,950 to €348,588
- Trade debts -€24,221
down €24,221 (-91.7%), from €26,409 to €2,188
- Financial income +€93,809
up €93,809 (+611.1%), from €15,352 to €109,161
- Gross operating margin +€17,583
up €17,583, from -€7,257 to €10,326
- Financial charges +€10,344
up €10,344, from -€7,431 to €2,913
- Depreciation +€9,115
up €9,115 (+13.0%), from €70,316 to €79,430
- Other operating charges +€1,099
up €1,099 (+17.2%), from €6,406 to €7,505
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 | €2,227,745 | €2,225,110 | -€2,636 | -0.1% |
| Fixed assets | 21/28 | €1,082,235 | €1,055,401 | -€26,834 | -2.5% |
| Tangible fixed assets | 22/27 | €1,081,760 | €1,054,925 | -€26,834 | -2.5% |
| Land and buildings | 22 | €1,007,322 | €990,506 | -€16,815 | -1.7% |
| Plant, machinery and equipment | 23 | €43,922 | €38,429 | -€5,494 | -12.5% |
| Furniture and vehicles | 24 | €30,516 | €25,991 | -€4,525 | -14.8% |
| Financial fixed assets | 28 | €475 | €475 | = | 0.0% |
| Current assets | 29/58 | €1,145,510 | €1,169,709 | +€24,199 | +2.1% |
| Amounts receivable within one year | 40/41 | €6,174 | €4,621 | -€1,554 | -25.2% |
| Trade receivables | 40 | €4,104 | - | -€4,104 | |
| Other amounts receivable | 41 | €2,071 | €4,621 | +€2,550 | +123.1% |
| Current investments | 50/53 | €1,128,407 | €1,151,436 | +€23,029 | +2.0% |
| Cash at bank and in hand | 54/58 | €9,108 | €9,384 | +€276 | +3.0% |
| Deferred charges and accrued income | 490/1 | €1,820 | €4,268 | +€2,448 | +134.5% |
| Total equity and liabilities | 10/49 | €2,227,745 | €2,225,110 | -€2,636 | -0.1% |
| Equity | 10/15 | €2,160,560 | €2,190,198 | +€29,638 | +1.4% |
| Contributions | 10/11 | €1,060,900 | €1,060,900 | = | 0.0% |
| Reserves | 13 | €780,710 | €780,710 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €771,710 | €771,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | €318,950 | €348,588 | +€29,638 | +9.3% |
| Amounts payable | 17/49 | €67,186 | €34,912 | -€32,274 | -48.0% |
| Amounts payable after more than one year | 17 | €25,715 | €16,245 | -€9,470 | -36.8% |
| Financial debts | 170/4 | €24,265 | €14,795 | -€9,470 | -39.0% |
| Other amounts payable | 178/9 | €1,450 | €1,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,528 | €17,809 | -€22,719 | -56.1% |
| Current portion of amounts payable after more than one year | 42 | €9,168 | €9,470 | +€302 | +3.3% |
| Trade debts | 44 | €26,409 | €2,188 | -€24,221 | -91.7% |
| Suppliers | 440/4 | €26,409 | €2,188 | -€24,221 | -91.7% |
| Other amounts payable | 47/48 | €4,952 | €6,152 | +€1,200 | +24.2% |
| Accrued charges and deferred income | 492/3 | €943 | €858 | -€85 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,316 | €79,430 | +€9,115 | +13.0% |
| Other operating charges | 640/8 | €6,406 | €7,505 | +€1,099 | +17.2% |
| Gross operating margin | 9900 | -€7,257 | €10,326 | +€17,583 | |
| Operating profit (loss) | 9901 | -€83,979 | -€76,610 | +€7,370 | +8.8% |
| Financial income | 75/76B | €15,352 | €109,161 | +€93,809 | +611.1% |
| Recurring financial income | 75 | €15,352 | €109,161 | +€93,809 | +611.1% |
| Financial charges | 65/66B | -€7,431 | €2,913 | +€10,344 | |
| Recurring financial charges | 65 | -€7,431 | €2,913 | +€10,344 | |
| Profit (loss) for the period before taxes | 9903 | -€61,197 | €29,638 | +€90,835 | |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€61,197 | €29,638 | +€90,835 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,197 | €29,638 | +€90,835 |
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 29 September 2026 via checked.be.