Sartrade Holding: 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.
Sartrade Holding
Largest movements
- Receivables after one year -€2,000
down €2,000 (-19.9%), from €10,064 to €8,064
- Cash -€142
down €142 (-57.5%), from €247 to €105
mainly Other debts (-€2,000) and Net result for the year (-€142)
- Other debts -€2,000
down €2,000 (-100.0%), from €2,001 to €1
- Profit (loss) carried forward -€142
down €142 (-8.1%), from -€1,753 to -€1,895
- Gross operating margin +€1,625
up €1,625 (+94.9%), from -€1,713 to -€88
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 | €10,312 | €8,170 | -€2,142 | -20.8% |
| Fixed assets | 21/28 | €1 | €1 | = | 0.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €10,311 | €8,169 | -€2,142 | -20.8% |
| Amounts receivable after more than one year | 29 | €10,064 | €8,064 | -€2,000 | -19.9% |
| Other amounts receivable | 291 | €10,064 | €8,064 | -€2,000 | -19.9% |
| Cash at bank and in hand | 54/58 | €247 | €105 | -€142 | -57.5% |
| Total equity and liabilities | 10/49 | €10,312 | €8,170 | -€2,142 | -20.8% |
| Equity | 10/15 | €8,311 | €8,169 | -€142 | -1.7% |
| Contributions | 10/11 | €10,064 | €10,064 | = | 0.0% |
| Capital | 10 | €10,064 | €10,064 | = | 0.0% |
| Issued capital | 100 | €10,064 | €10,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,753 | -€1,895 | -€142 | -8.1% |
| Amounts payable | 17/49 | €2,001 | €1 | -€2,000 | -100.0% |
| Amounts payable within one year | 42/48 | €2,001 | €1 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €2,001 | €1 | -€2,000 | -100.0% |
| Gross operating margin | 9900 | -€1,713 | -€88 | +€1,625 | +94.9% |
| Operating profit (loss) | 9901 | -€1,713 | -€88 | +€1,625 | +94.9% |
| Financial charges | 65/66B | €41 | €54 | +€14 | +33.3% |
| Recurring financial charges | 65 | €41 | €54 | +€14 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,753 | -€142 | +€1,612 | +91.9% |
| Profit (loss) for the period | 9904 | -€1,753 | -€142 | +€1,612 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,753 | -€142 | +€1,612 | +91.9% |
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 1 November 2026 via checked.be.