SARR.: 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.
SARR.
Largest movements
- Tangible fixed assets +€41,650
up €41,650 (+17.3%), from €240,302 to €281,952
of which Land and buildings: +€41,374
- Receivables within one year -€4,011
down €4,011 (-44.1%), from €9,096 to €5,085
of which Trade receivables: -€5,308
- Trade debts +€52,981
up €52,981 (+565.0%), from €9,377 to €62,358
- Debts after one year -€8,786
down €8,786 (-6.6%), from €132,389 to €123,603
- Profit (loss) carried forward -€6,003
down €6,003 (-49.0%), from -€12,249 to -€18,251
- Gross operating margin +€15,801
up €15,801 (+296.8%), from €5,324 to €21,125
- Depreciation +€3,725
up €3,725 (+23.6%), from €15,807 to €19,532
- Other operating charges +€1,527
up €1,527 (+148.9%), from €1,025 to €2,553
- Financial charges -€561
down €561 (-10.0%), from €5,604 to €5,043
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 | €257,051 | €293,848 | +€36,797 | +14.3% |
| Fixed assets | 21/28 | €240,302 | €281,952 | +€41,650 | +17.3% |
| Tangible fixed assets | 22/27 | €240,302 | €281,952 | +€41,650 | +17.3% |
| Land and buildings | 22 | €238,366 | €279,739 | +€41,374 | +17.4% |
| Plant, machinery and equipment | 23 | €659 | €449 | -€210 | -31.8% |
| Furniture and vehicles | 24 | €1,278 | €1,764 | +€486 | +38.0% |
| Current assets | 29/58 | €16,749 | €11,896 | -€4,853 | -29.0% |
| Stocks and contracts in progress | 3 | €5,779 | €5,674 | -€105 | -1.8% |
| Stocks | 30/36 | €5,779 | €5,674 | -€105 | -1.8% |
| Amounts receivable within one year | 40/41 | €9,096 | €5,085 | -€4,011 | -44.1% |
| Trade receivables | 40 | €9,096 | €3,788 | -€5,308 | -58.4% |
| Other amounts receivable | 41 | - | €1,296 | +€1,296 | |
| Cash at bank and in hand | 54/58 | €539 | €338 | -€201 | -37.3% |
| Deferred charges and accrued income | 490/1 | €1,336 | €800 | -€536 | -40.1% |
| Total equity and liabilities | 10/49 | €257,051 | €293,848 | +€36,797 | +14.3% |
| Equity | 10/15 | -€5,098 | -€11,100 | -€6,003 | -117.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €951 | €951 | = | 0.0% |
| Non-distributable reserves | 130/1 | €951 | €951 | = | 0.0% |
| Reserves not available under the articles | 1311 | €951 | €951 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,249 | -€18,251 | -€6,003 | -49.0% |
| Amounts payable | 17/49 | €262,149 | €304,949 | +€42,800 | +16.3% |
| Amounts payable after more than one year | 17 | €132,389 | €123,603 | -€8,786 | -6.6% |
| Financial debts | 170/4 | €132,389 | €123,603 | -€8,786 | -6.6% |
| Amounts payable within one year | 42/48 | €129,644 | €180,313 | +€50,669 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €8,486 | €8,786 | +€300 | +3.5% |
| Trade debts | 44 | €9,377 | €62,358 | +€52,981 | +565.0% |
| Suppliers | 440/4 | €9,377 | €62,358 | +€52,981 | +565.0% |
| Taxes, remuneration and social security | 45 | €3,041 | €597 | -€2,444 | -80.4% |
| Taxes | 450/3 | €3,041 | €597 | -€2,444 | -80.4% |
| Other amounts payable | 47/48 | €108,740 | €108,572 | -€168 | -0.2% |
| Accrued charges and deferred income | 492/3 | €116 | €1,033 | +€917 | +792.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,807 | €19,532 | +€3,725 | +23.6% |
| Other operating charges | 640/8 | €1,025 | €2,553 | +€1,527 | +148.9% |
| Gross operating margin | 9900 | €5,324 | €21,125 | +€15,801 | +296.8% |
| Operating profit (loss) | 9901 | -€11,509 | -€960 | +€10,549 | +91.7% |
| Financial charges | 65/66B | €5,604 | €5,043 | -€561 | -10.0% |
| Recurring financial charges | 65 | €5,604 | €5,043 | -€561 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,113 | -€6,003 | +€11,110 | +64.9% |
| Profit (loss) for the period | 9904 | -€17,113 | -€6,003 | +€11,110 | +64.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,113 | -€6,003 | +€11,110 | +64.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.