SARO-IT: 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.
SARO-IT
Largest movements
- Cash -€24,732
down €24,732 (-86.1%), from €28,729 to €3,997
mainly Contributions, distributions and other (-€45,000) and Net result for the year (-€23,936)
- Tangible fixed assets -€23,398
down €23,398 (-12.1%), from €193,613 to €170,215
of which Land and buildings: -€21,361
- Receivables within one year -€12,672
down €12,672 (-37.8%), from €33,547 to €20,875
of which Trade receivables: -€16,864
- Reserves -€68,483
down €68,483 (-36.8%), from €186,028 to €117,546
of which Distributable reserves: -€68,483
- Other debts +€26,399
up €26,399 (+1742.1%), from €1,515 to €27,915
- Debts after one year -€16,590
down €16,590 (-66.0%), from €25,119 to €8,529
- Gross operating margin -€59,589
down €59,589 (-94.6%), from €63,001 to €3,412
- Taxes -€10,103
down €10,103 (-98.7%), from €10,232 to €130
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 | €257,508 | €197,365 | -€60,143 | -23.4% |
| Fixed assets | 21/28 | €193,613 | €170,215 | -€23,398 | -12.1% |
| Tangible fixed assets | 22/27 | €193,613 | €170,215 | -€23,398 | -12.1% |
| Land and buildings | 22 | €186,443 | €165,082 | -€21,361 | -11.5% |
| Furniture and vehicles | 24 | €7,171 | €5,133 | -€2,038 | -28.4% |
| Current assets | 29/58 | €63,895 | €27,150 | -€36,745 | -57.5% |
| Amounts receivable after more than one year | 29 | €748 | €1,496 | +€748 | +100.0% |
| Other amounts receivable | 291 | €748 | €1,496 | +€748 | +100.0% |
| Amounts receivable within one year | 40/41 | €33,547 | €20,875 | -€12,672 | -37.8% |
| Trade receivables | 40 | €31,348 | €14,484 | -€16,864 | -53.8% |
| Other amounts receivable | 41 | €2,199 | €6,392 | +€4,192 | +190.6% |
| Cash at bank and in hand | 54/58 | €28,729 | €3,997 | -€24,732 | -86.1% |
| Deferred charges and accrued income | 490/1 | €870 | €782 | -€89 | -10.2% |
| Total equity and liabilities | 10/49 | €257,508 | €197,365 | -€60,143 | -23.4% |
| Equity | 10/15 | €205,082 | €136,146 | -€68,936 | -33.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,028 | €117,546 | -€68,483 | -36.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €186,028 | €117,546 | -€68,483 | -36.8% |
| Profit (loss) carried forward | 14 | €453 | €0 | -€453 | -100.0% |
| Amounts payable | 17/49 | €52,426 | €61,220 | +€8,794 | +16.8% |
| Amounts payable after more than one year | 17 | €25,119 | €8,529 | -€16,590 | -66.0% |
| Financial debts | 170/4 | €25,119 | €8,529 | -€16,590 | -66.0% |
| Amounts payable within one year | 42/48 | €26,799 | €52,168 | +€25,369 | +94.7% |
| Current portion of amounts payable after more than one year | 42 | €15,986 | €16,590 | +€604 | +3.8% |
| Trade debts | 44 | €2,783 | €1,217 | -€1,567 | -56.3% |
| Suppliers | 440/4 | €2,783 | €1,217 | -€1,567 | -56.3% |
| Taxes, remuneration and social security | 45 | €6,514 | €6,446 | -€68 | -1.0% |
| Taxes | 450/3 | €6,514 | €1,446 | -€5,068 | -77.8% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €1,515 | €27,915 | +€26,399 | +1742.1% |
| Accrued charges and deferred income | 492/3 | €508 | €523 | +€15 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,841 | €23,806 | -€35 | -0.1% |
| Other operating charges | 640/8 | €1,613 | €1,869 | +€256 | +15.9% |
| Gross operating margin | 9900 | €63,001 | €3,412 | -€59,589 | -94.6% |
| Operating profit (loss) | 9901 | €37,547 | -€22,262 | -€59,810 | |
| Financial income | 75/76B | €306 | €148 | -€158 | -51.5% |
| Recurring financial income | 75 | €306 | €148 | -€158 | -51.5% |
| Financial charges | 65/66B | €2,203 | €1,692 | -€511 | -23.2% |
| Recurring financial charges | 65 | €2,203 | €1,692 | -€511 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €35,650 | -€23,806 | -€59,457 | |
| Income taxes | 67/77 | €10,232 | €130 | -€10,103 | -98.7% |
| Profit (loss) for the period | 9904 | €25,418 | -€23,936 | -€49,354 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,418 | -€23,936 | -€49,354 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.