Sarstedt: 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.
Sarstedt
Largest movements
- Cash -€480,847
down €480,847 (-33.0%), from €1.5m to €977,774
mainly Contributions, distributions and other (-€1.5m) and Tax, wage and social debts (-€58,309)
- Receivables within one year -€456,930
down €456,930 (-29.0%), from €1.6m to €1.1m
of which Trade receivables: -€516,462
- Reserves -€1.1m
down €1.1m (-40.5%), from €2.6m to €1.5m
of which Distributable reserves: -€1.1m
- Trade debts +€174,318
up €174,318 (+187%), from €93,341 to €267,660
- Tax, wage and social debts -€58,309
down €58,309 (-18.1%), from €321,689 to €263,379
of which Taxes: -€32,009
- Gross operating margin -€269,508
down €269,508 (-17.1%), from €1.6m to €1.3m
- Staff costs -€114,754
down €114,754 (-14.3%), from €804,278 to €689,524
- Taxes -€35,774
down €35,774 (-17.5%), from €204,687 to €168,913
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 | €3,038,033 | €2,098,609 | -€939,424 | -30.9% |
| Fixed assets | 21/28 | €4,038 | €3,434 | -€604 | -14.9% |
| Tangible fixed assets | 22/27 | €4,038 | €2,024 | -€2,014 | -49.9% |
| Furniture and vehicles | 24 | €4,038 | €2,024 | -€2,014 | -49.9% |
| Financial fixed assets | 28 | - | €1,410 | +€1,410 | |
| Current assets | 29/58 | €3,033,995 | €2,095,174 | -€938,821 | -30.9% |
| Stocks and contracts in progress | 3 | €996 | €0 | -€996 | -100% |
| Stocks | 30/36 | €996 | €0 | -€996 | -100% |
| Amounts receivable within one year | 40/41 | €1,574,330 | €1,117,400 | -€456,930 | -29.0% |
| Trade receivables | 40 | €1,548,641 | €1,032,179 | -€516,462 | -33.3% |
| Other amounts receivable | 41 | €25,689 | €85,221 | +€59,532 | +232% |
| Cash at bank and in hand | 54/58 | €1,458,621 | €977,774 | -€480,847 | -33.0% |
| Deferred charges and accrued income | 490/1 | €47 | €0 | -€47 | -100% |
| Total equity and liabilities | 10/49 | €3,038,033 | €2,098,609 | -€939,424 | -30.9% |
| Equity | 10/15 | €2,623,003 | €1,567,570 | -€1.1m | -40.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,604,403 | €1,548,970 | -€1.1m | -40.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,602,543 | €1,547,110 | -€1.1m | -40.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €415,030 | €531,039 | +€116,009 | +28.0% |
| Amounts payable within one year | 42/48 | €415,030 | €531,039 | +€116,009 | +28.0% |
| Trade debts | 44 | €93,341 | €267,660 | +€174,318 | +187% |
| Suppliers | 440/4 | €93,341 | €267,660 | +€174,318 | +187% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €321,689 | €263,379 | -€58,309 | -18.1% |
| Taxes | 450/3 | €125,221 | €93,212 | -€32,009 | -25.6% |
| Remuneration and social security | 454/9 | €196,468 | €170,167 | -€26,301 | -13.4% |
| Remuneration, social security and pensions | 62 | €804,278 | €689,524 | -€114,754 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,861 | €4,096 | -€2,765 | -40.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,419 | €0 | -€2,419 | -100% |
| Other operating charges | 640/8 | €109 | €118 | +€9 | +8.3% |
| Gross operating margin | 9900 | €1,579,486 | €1,309,978 | -€269,508 | -17.1% |
| Operating profit (loss) | 9901 | €765,819 | €616,240 | -€149,579 | -19.5% |
| Financial charges | 65/66B | €3,105 | €2,760 | -€344 | -11.1% |
| Recurring financial charges | 65 | €3,105 | €2,760 | -€344 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €762,714 | €613,480 | -€149,234 | -19.6% |
| Income taxes | 67/77 | €204,687 | €168,913 | -€35,774 | -17.5% |
| Profit (loss) for the period | 9904 | €558,027 | €444,567 | -€113,460 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €558,027 | €444,567 | -€113,460 | -20.3% |
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 15 October 2026 via checked.be.