SARTEC: 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.
SARTEC
Largest movements
- Receivables within one year +€471,311
up €471,311 (+73.6%), from €639,998 to €1.1m
of which Trade receivables: +€430,611
- Trade debts +€455,760
up €455,760 (+73.0%), from €624,714 to €1.1m
- Profit (loss) carried forward +€11,469
up €11,469 (+107.8%), from €10,635 to €22,104
- Other operating charges -€1,250
down €1,250 (-100.0%), from €1,250 to €0
- Gross operating margin -€260
down €260 (-1.8%), from €14,757 to €14,497
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 | €641,178 | €1,111,362 | +€470,184 | +73.3% |
| Current assets | 29/58 | €641,178 | €1,111,362 | +€470,184 | +73.3% |
| Amounts receivable within one year | 40/41 | €639,998 | €1,111,309 | +€471,311 | +73.6% |
| Trade receivables | 40 | €639,998 | €1,070,609 | +€430,611 | +67.3% |
| Other amounts receivable | 41 | - | €40,700 | +€40,700 | |
| Cash at bank and in hand | 54/58 | €1,180 | €53 | -€1,127 | -95.5% |
| Total equity and liabilities | 10/49 | €641,178 | €1,111,362 | +€470,184 | +73.3% |
| Equity | 10/15 | €13,635 | €25,104 | +€11,469 | +84.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,635 | €22,104 | +€11,469 | +107.8% |
| Amounts payable | 17/49 | €627,543 | €1,086,258 | +€458,715 | +73.1% |
| Amounts payable within one year | 42/48 | €627,543 | €1,086,258 | +€458,715 | +73.1% |
| Trade debts | 44 | €624,714 | €1,080,474 | +€455,760 | +73.0% |
| Suppliers | 440/4 | €624,714 | €1,080,474 | +€455,760 | +73.0% |
| Taxes, remuneration and social security | 45 | €2,829 | €5,784 | +€2,955 | +104.5% |
| Taxes | 450/3 | €2,829 | €5,784 | +€2,955 | +104.5% |
| Other operating charges | 640/8 | €1,250 | €0 | -€1,250 | -100.0% |
| Gross operating margin | 9900 | €14,757 | €14,497 | -€260 | -1.8% |
| Operating profit (loss) | 9901 | €13,507 | €14,497 | +€990 | +7.3% |
| Financial charges | 65/66B | €43 | €74 | +€31 | +72.1% |
| Recurring financial charges | 65 | €43 | €74 | +€31 | +72.1% |
| Profit (loss) for the period before taxes | 9903 | €13,464 | €14,423 | +€959 | +7.1% |
| Income taxes | 67/77 | €2,829 | €2,954 | +€125 | +4.4% |
| Profit (loss) for the period | 9904 | €10,635 | €11,469 | +€834 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,635 | €11,469 | +€834 | +7.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.