SARTON 1748: 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.
SARTON 1748
Largest movements
- Receivables within one year -€18,437
down €18,437 (-100%), from €18,437 to €0
of which Trade receivables: -€12,593
- Cash +€8,385
up €8,385 (+36.5%), from €23,000 to €31,385
mainly Receivables within one year (+€18,437) and Depreciation (+€4,815)
- Stocks and contracts -€3,695
down €3,695 (-8.1%), from €45,487 to €41,792
- Tangible fixed assets -€3,400
down €3,400 (-63.8%), from €5,332 to €1,932
- Intangible fixed assets -€1,415
down €1,415 (-33.3%), from €4,246 to €2,831
- Other debts -€12,000
down €12,000 (-80.8%), from €14,859 to €2,859
- Profit (loss) carried forward -€6,738
down €6,738 (-13.0%), from €51,770 to €45,032
- Gross operating margin +€8,056
up €8,056 (+85.2%), from -€9,459 to -€1,403
- Depreciation -€215
down €215 (-4.3%), from €5,030 to €4,815
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.
Derived cash bridge
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 | €96,856 | €78,406 | -€18,450 | -19.0% |
| Fixed assets | 21/28 | €9,578 | €4,763 | -€4,815 | -50.3% |
| Intangible fixed assets | 21 | €4,246 | €2,831 | -€1,415 | -33.3% |
| Tangible fixed assets | 22/27 | €5,332 | €1,932 | -€3,400 | -63.8% |
| Furniture and vehicles | 24 | €5,332 | €1,932 | -€3,400 | -63.8% |
| Current assets | 29/58 | €87,278 | €73,644 | -€13,635 | -15.6% |
| Stocks and contracts in progress | 3 | €45,487 | €41,792 | -€3,695 | -8.1% |
| Stocks | 30/36 | €45,487 | €41,792 | -€3,695 | -8.1% |
| Amounts receivable within one year | 40/41 | €18,437 | €0 | -€18,437 | -100% |
| Trade receivables | 40 | €12,593 | €0 | -€12,593 | -100% |
| Other amounts receivable | 41 | €5,844 | €0 | -€5,844 | -100% |
| Cash at bank and in hand | 54/58 | €23,000 | €31,385 | +€8,385 | +36.5% |
| Deferred charges and accrued income | 490/1 | €354 | €467 | +€113 | +31.9% |
| Total equity and liabilities | 10/49 | €96,856 | €78,406 | -€18,450 | -19.0% |
| Equity | 10/15 | €81,770 | €75,032 | -€6,738 | -8.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,770 | €45,032 | -€6,738 | -13.0% |
| Amounts payable | 17/49 | €15,086 | €3,374 | -€11,712 | -77.6% |
| Amounts payable within one year | 42/48 | €15,086 | €3,374 | -€11,712 | -77.6% |
| Trade debts | 44 | €227 | €257 | +€30 | +13.3% |
| Suppliers | 440/4 | €227 | €257 | +€30 | +13.3% |
| Taxes, remuneration and social security | 45 | €0 | €258 | +€258 | |
| Taxes | 450/3 | €0 | €258 | +€258 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,859 | €2,859 | -€12,000 | -80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,030 | €4,815 | -€215 | -4.3% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | -€9,459 | -€1,403 | +€8,056 | +85.2% |
| Operating profit (loss) | 9901 | -€14,941 | -€6,684 | +€8,256 | +55.3% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,988 | -€6,738 | +€8,250 | +55.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,988 | -€6,738 | +€8,250 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,988 | -€6,738 | +€8,250 | +55.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.