SartiCorp: 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.
SartiCorp
Largest movements
- Tangible fixed assets +€2.1m
up €2.1m (+89.1%), from €2.4m to €4.5m
of which Plant, machinery and equipment: +€1.4m
- Receivables within one year +€398,841
up €398,841 (+1204.1%), from €33,125 to €431,966
of which Other amounts receivable: +€218,489
- Debts after one year +€900,915
up €900,915 (+44.9%), from €2.0m to €2.9m
- Other debts +€846,040
up €846,040 (+7048.3%), from €12,003 to €858,043
- Trade debts +€759,672
up €759,672 (+1098.6%), from €69,152 to €828,823
- Profit (loss) carried forward -€238,407
down €238,407 (-142.4%), from -€167,415 to -€405,822
- Current portion of long-term debt +€191,288
up €191,288 (+200.0%), from €95,627 to €286,915
- Depreciation +€164,043
up €164,043 (+322.1%), from €50,935 to €214,978
- Gross operating margin +€42,860
up €42,860, from -€30,934 to €11,927
- Financial charges +€23,442
up €23,442 (+222.2%), from €10,548 to €33,990
- Other operating charges +€761
up €761 (+125.9%), from €604 to €1,366
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.
Cash bridge derived
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 | €2,447,240 | €4,917,082 | +€2.5m | +100.9% |
| Fixed assets | 21/28 | €2,364,069 | €4,470,128 | +€2.1m | +89.1% |
| Tangible fixed assets | 22/27 | €2,364,069 | €4,470,128 | +€2.1m | +89.1% |
| Land and buildings | 22 | €2,364,069 | €2,926,250 | +€562,181 | +23.8% |
| Plant, machinery and equipment | 23 | - | €1,437,893 | +€1.4m | |
| Furniture and vehicles | 24 | - | €105,984 | +€105,984 | |
| Current assets | 29/58 | €83,171 | €446,954 | +€363,784 | +437.4% |
| Amounts receivable within one year | 40/41 | €33,125 | €431,966 | +€398,841 | +1204.1% |
| Trade receivables | 40 | - | €180,353 | +€180,353 | |
| Other amounts receivable | 41 | €33,125 | €251,613 | +€218,489 | +659.6% |
| Cash at bank and in hand | 54/58 | €46,962 | €9,744 | -€37,218 | -79.3% |
| Deferred charges and accrued income | 490/1 | €3,084 | €5,244 | +€2,160 | +70.1% |
| Total equity and liabilities | 10/49 | €2,447,240 | €4,917,082 | +€2.5m | +100.9% |
| Equity | 10/15 | €266,085 | €27,678 | -€238,407 | -89.6% |
| Contributions | 10/11 | €433,500 | €433,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€167,415 | -€405,822 | -€238,407 | -142.4% |
| Amounts payable | 17/49 | €2,181,155 | €4,889,404 | +€2.7m | +124.2% |
| Amounts payable after more than one year | 17 | €2,004,373 | €2,905,288 | +€900,915 | +44.9% |
| Financial debts | 170/4 | €2,004,373 | €2,905,288 | +€900,915 | +44.9% |
| Amounts payable within one year | 42/48 | €176,782 | €1,974,116 | +€1.8m | +1016.7% |
| Current portion of amounts payable after more than one year | 42 | €95,627 | €286,915 | +€191,288 | +200.0% |
| Trade debts | 44 | €69,152 | €828,823 | +€759,672 | +1098.6% |
| Suppliers | 440/4 | €69,152 | €828,823 | +€759,672 | +1098.6% |
| Taxes, remuneration and social security | 45 | - | €335 | +€335 | |
| Taxes | 450/3 | - | €335 | +€335 | |
| Other amounts payable | 47/48 | €12,003 | €858,043 | +€846,040 | +7048.3% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,935 | €214,978 | +€164,043 | +322.1% |
| Other operating charges | 640/8 | €604 | €1,366 | +€761 | +125.9% |
| Gross operating margin | 9900 | -€30,934 | €11,927 | +€42,860 | |
| Operating profit (loss) | 9901 | -€82,473 | -€204,417 | -€121,943 | -147.9% |
| Financial charges | 65/66B | €10,548 | €33,990 | +€23,442 | +222.2% |
| Recurring financial charges | 65 | €10,548 | €33,990 | +€23,442 | +222.2% |
| Profit (loss) for the period before taxes | 9903 | -€93,022 | -€238,407 | -€145,385 | -156.3% |
| Profit (loss) for the period | 9904 | -€93,022 | -€238,407 | -€145,385 | -156.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,022 | -€238,407 | -€145,385 | -156.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.