SARODENT: 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.
SARODENT
Largest movements
- Receivables within one year -€83,135
down €83,135 (-29.3%), from €284,101 to €200,966
of which Other amounts receivable: -€99,268
- Cash +€33,795
up €33,795 (+347.4%), from €9,729 to €43,524
mainly Net result for the year (+€150,109) and Receivables within one year (+€83,135)
- Tangible fixed assets +€14,047
up €14,047 (+12.9%), from €108,605 to €122,652
of which Furniture and vehicles: +€32,993
- Other debts -€70,000
no longer reported in 2025 (was €70,000)
- Profit (loss) carried forward +€50,110
up €50,110 (+105.5%), from €47,496 to €97,606
- Tax, wage and social debts -€39,870
down €39,870 (-32.2%), from €123,921 to €84,051
of which Taxes: -€33,715
- Short-term financial debts +€31,158
new in 2025: €31,158
of which Other loans: +€16,896
- Trade debts -€26,434
down €26,434 (-54.8%), from €48,222 to €21,788
- Gross operating margin +€101,998
up €101,998 (+14.0%), from €729,147 to €831,145
- Staff costs +€50,168
up €50,168 (+9.4%), from €531,098 to €581,266
- Taxes +€12,675
up €12,675 (+28.0%), from €45,312 to €57,987
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 | €407,745 | €374,244 | -€33,501 | -8.2% |
| Fixed assets | 21/28 | €108,605 | €122,652 | +€14,047 | +12.9% |
| Tangible fixed assets | 22/27 | €108,605 | €122,652 | +€14,047 | +12.9% |
| Plant, machinery and equipment | 23 | €12,733 | €6,869 | -€5,864 | -46.1% |
| Furniture and vehicles | 24 | €52,650 | €85,643 | +€32,993 | +62.7% |
| Other tangible fixed assets | 26 | €43,222 | €30,140 | -€13,082 | -30.3% |
| Current assets | 29/58 | €299,140 | €251,592 | -€47,548 | -15.9% |
| Stocks and contracts in progress | 3 | €2,105 | €3,610 | +€1,505 | +71.5% |
| Stocks | 30/36 | €2,105 | €3,610 | +€1,505 | +71.5% |
| Amounts receivable within one year | 40/41 | €284,101 | €200,966 | -€83,135 | -29.3% |
| Trade receivables | 40 | €166,846 | €182,979 | +€16,133 | +9.7% |
| Other amounts receivable | 41 | €117,255 | €17,987 | -€99,268 | -84.7% |
| Cash at bank and in hand | 54/58 | €9,729 | €43,524 | +€33,795 | +347.4% |
| Deferred charges and accrued income | 490/1 | €3,205 | €3,492 | +€287 | +9.0% |
| Total equity and liabilities | 10/49 | €407,745 | €374,244 | -€33,501 | -8.2% |
| Equity | 10/15 | €90,229 | €140,339 | +€50,110 | +55.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €17,733 | €17,733 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,232 | €15,232 | = | 0.0% |
| Distributable reserves | 133 | €2,501 | €2,501 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,496 | €97,606 | +€50,110 | +105.5% |
| Amounts payable | 17/49 | €317,516 | €233,905 | -€83,611 | -26.3% |
| Amounts payable after more than one year | 17 | €52,629 | €64,479 | +€11,850 | +22.5% |
| Financial debts | 170/4 | €52,629 | €64,479 | +€11,850 | +22.5% |
| Amounts payable within one year | 42/48 | €263,851 | €164,337 | -€99,514 | -37.7% |
| Current portion of amounts payable after more than one year | 42 | €21,708 | €27,340 | +€5,632 | +25.9% |
| Financial debts | 43 | - | €31,158 | +€31,158 | |
| Credit institutions | 430/8 | - | €14,262 | +€14,262 | |
| Other loans | 439 | - | €16,896 | +€16,896 | |
| Trade debts | 44 | €48,222 | €21,788 | -€26,434 | -54.8% |
| Suppliers | 440/4 | €48,222 | €21,788 | -€26,434 | -54.8% |
| Taxes, remuneration and social security | 45 | €123,921 | €84,051 | -€39,870 | -32.2% |
| Taxes | 450/3 | €70,778 | €37,063 | -€33,715 | -47.6% |
| Remuneration and social security | 454/9 | €53,143 | €46,988 | -€6,155 | -11.6% |
| Other amounts payable | 47/48 | €70,000 | - | -€70,000 | |
| Accrued charges and deferred income | 492/3 | €1,036 | €5,089 | +€4,053 | +391.2% |
| Remuneration, social security and pensions | 62 | €531,098 | €581,266 | +€50,168 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,061 | €34,776 | +€2,715 | +8.5% |
| Other operating charges | 640/8 | €7,841 | €5,272 | -€2,569 | -32.8% |
| Gross operating margin | 9900 | €729,147 | €831,145 | +€101,998 | +14.0% |
| Operating profit (loss) | 9901 | €158,147 | €209,831 | +€51,684 | +32.7% |
| Financial income | 75/76B | €8,579 | €3,684 | -€4,895 | -57.1% |
| Recurring financial income | 75 | €8,579 | €3,684 | -€4,895 | -57.1% |
| Financial charges | 65/66B | €3,487 | €5,419 | +€1,932 | +55.4% |
| Recurring financial charges | 65 | €3,487 | €5,419 | +€1,932 | +55.4% |
| Profit (loss) for the period before taxes | 9903 | €163,239 | €208,096 | +€44,857 | +27.5% |
| Income taxes | 67/77 | €45,312 | €57,987 | +€12,675 | +28.0% |
| Profit (loss) for the period | 9904 | €117,927 | €150,109 | +€32,182 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €117,927 | €150,109 | +€32,182 | +27.3% |
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.