SARO-CONSULT: 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.
SARO-CONSULT
Largest movements
- Cash +€67,245
up €67,245 (+21.0%), from €319,971 to €387,216
mainly Net result for the year (+€45,702) and Trade debts (+€17,895)
- Reserves +€45,702
up €45,702 (+12.6%), from €363,564 to €409,266
of which Distributable reserves: +€47,562
- Trade debts +€17,895
up €17,895 (+731%), from €2,449 to €20,344
- Other debts -€9,784
down €9,784 (-11.3%), from €86,663 to €76,879
- Gross operating margin +€7,955
up €7,955 (+11.8%), from €67,321 to €75,275
- Financial income -€1,983
down €1,983 (-52.1%), from €3,806 to €1,823
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 | €478,282 | €539,479 | +€61,197 | +12.8% |
| Fixed assets | 21/28 | €110,065 | €105,072 | -€4,994 | -4.5% |
| Tangible fixed assets | 22/27 | €110,065 | €105,072 | -€4,994 | -4.5% |
| Land and buildings | 22 | €102,467 | €98,600 | -€3,867 | -3.8% |
| Plant, machinery and equipment | 23 | €7,599 | €6,472 | -€1,127 | -14.8% |
| Current assets | 29/58 | €368,216 | €434,407 | +€66,191 | +18.0% |
| Amounts receivable within one year | 40/41 | €47,697 | €47,191 | -€505 | -1.1% |
| Trade receivables | 40 | €47,461 | €47,190 | -€271 | -0.6% |
| Other amounts receivable | 41 | €236 | €1 | -€235 | -99.4% |
| Cash at bank and in hand | 54/58 | €319,971 | €387,216 | +€67,245 | +21.0% |
| Deferred charges and accrued income | 490/1 | €549 | €0 | -€549 | -100% |
| Total equity and liabilities | 10/49 | €478,282 | €539,479 | +€61,197 | +12.8% |
| Equity | 10/15 | €369,893 | €415,466 | +€45,573 | +12.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €363,564 | €409,266 | +€45,702 | +12.6% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €361,704 | €409,266 | +€47,562 | +13.1% |
| Profit (loss) carried forward | 14 | €129 | €0 | -€129 | -100% |
| Amounts payable | 17/49 | €108,388 | €124,013 | +€15,624 | +14.4% |
| Amounts payable within one year | 42/48 | €108,388 | €119,945 | +€11,556 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,449 | €20,344 | +€17,895 | +731% |
| Suppliers | 440/4 | €2,449 | €20,344 | +€17,895 | +731% |
| Taxes, remuneration and social security | 45 | €19,277 | €22,722 | +€3,446 | +17.9% |
| Taxes | 450/3 | €16,727 | €20,172 | +€3,446 | +20.6% |
| Remuneration and social security | 454/9 | €2,550 | €2,550 | = | 0.0% |
| Other amounts payable | 47/48 | €86,663 | €76,879 | -€9,784 | -11.3% |
| Accrued charges and deferred income | 492/3 | - | €4,068 | +€4,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,994 | €4,994 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,676 | €1,673 | -€3 | -0.2% |
| Gross operating margin | 9900 | €67,321 | €75,275 | +€7,955 | +11.8% |
| Operating profit (loss) | 9901 | €60,651 | €68,609 | +€7,957 | +13.1% |
| Financial income | 75/76B | €3,806 | €1,823 | -€1,983 | -52.1% |
| Recurring financial income | 75 | €3,806 | €1,823 | -€1,983 | -52.1% |
| Financial charges | 65/66B | €6,451 | €6,645 | +€195 | +3.0% |
| Recurring financial charges | 65 | €6,451 | €6,645 | +€195 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €58,007 | €63,787 | +€5,780 | +10.0% |
| Income taxes | 67/77 | €17,973 | €18,085 | +€112 | +0.6% |
| Profit (loss) for the period | 9904 | €40,034 | €45,702 | +€5,667 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,034 | €45,702 | +€5,667 | +14.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.