SARMOU: 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.
SARMOU
Largest movements
- Receivables within one year -€134,469
down €134,469 (-96.5%), from €139,305 to €4,837
- Cash -€48,330
down €48,330 (-59.9%), from €80,634 to €32,304
mainly Other debts (-€178,043) and Net result for the year (-€5,073)
- Other debts -€178,043
no longer reported in 2024 (was €178,043)
- Profit (loss) carried forward -€5,073
new in 2024: -€5,073
- Gross operating margin -€149,865
down €149,865, from €145,379 to -€4,487
- Taxes -€30,456
no longer reported in 2024 (was €30,456)
- Other operating charges -€1,935
down €1,935 (-89.6%), from €2,159 to €224
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,499 | €37,383 | -€183,116 | -83.0% |
| Formation expenses | 20 | €559 | €242 | -€317 | -56.7% |
| Current assets | 29/58 | €219,940 | €37,141 | -€182,799 | -83.1% |
| Amounts receivable within one year | 40/41 | €139,305 | €4,837 | -€134,469 | -96.5% |
| Other amounts receivable | 41 | €139,305 | €4,837 | -€134,469 | -96.5% |
| Cash at bank and in hand | 54/58 | €80,634 | €32,304 | -€48,330 | -59.9% |
| Total equity and liabilities | 10/49 | €220,499 | €37,383 | -€183,116 | -83.0% |
| Equity | 10/15 | €12,000 | €6,927 | -€5,073 | -42.3% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,073 | -€5,073 | |
| Amounts payable | 17/49 | €208,499 | €30,456 | -€178,043 | -85.4% |
| Amounts payable within one year | 42/48 | €208,499 | €30,456 | -€178,043 | -85.4% |
| Taxes, remuneration and social security | 45 | €30,456 | €30,456 | = | 0.0% |
| Taxes | 450/3 | €30,456 | €30,456 | = | 0.0% |
| Other amounts payable | 47/48 | €178,043 | - | -€178,043 | |
| Non-recurring operating income | 76A | €157,496 | - | -€157,496 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €317 | €317 | = | 0.0% |
| Other operating charges | 640/8 | €2,159 | €224 | -€1,935 | -89.6% |
| Non-recurring operating charges | 66A | €25,700 | - | -€25,700 | |
| Gross operating margin | 9900 | €145,379 | -€4,487 | -€149,865 | |
| Operating profit (loss) | 9901 | €117,202 | -€5,028 | -€122,230 | |
| Financial charges | 65/66B | €105 | €45 | -€60 | -57.1% |
| Recurring financial charges | 65 | €105 | €45 | -€60 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €117,097 | -€5,073 | -€122,170 | |
| Income taxes | 67/77 | €30,456 | - | -€30,456 | |
| Profit (loss) for the period | 9904 | €86,641 | -€5,073 | -€91,714 | |
| Profit (loss) for the period to be appropriated | 9905 | €86,641 | -€5,073 | -€91,714 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.