SAS CONSULT: 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.
SAS CONSULT
Largest movements
- Cash +€85,069
up €85,069 (+41.9%), from €203,146 to €288,215
mainly Net result for the year (+€40,310) and Depreciation (+€38,969)
- Tangible fixed assets -€38,969
down €38,969 (-10.1%), from €384,576 to €345,607
of which Land and buildings: -€37,728
- Receivables within one year -€21,683
down €21,683 (-90.3%), from €24,025 to €2,342
of which Trade receivables: -€19,663
- Reserves +€40,250
up €40,250 (+9.8%), from €412,360 to €452,610
of which Distributable reserves: +€40,250
- Debts after one year -€16,190
down €16,190 (-25.2%), from €64,220 to €48,030
- Gross operating margin -€3,048
down €3,048 (-3.0%), from €101,046 to €97,998
- Taxes +€1,456
up €1,456 (+9.2%), from €15,793 to €17,249
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 | €613,527 | €637,524 | +€23,997 | +3.9% |
| Fixed assets | 21/28 | €384,576 | €345,607 | -€38,969 | -10.1% |
| Tangible fixed assets | 22/27 | €384,576 | €345,607 | -€38,969 | -10.1% |
| Land and buildings | 22 | €378,417 | €340,689 | -€37,728 | -10.0% |
| Furniture and vehicles | 24 | €4,359 | €3,118 | -€1,241 | -28.5% |
| Other tangible fixed assets | 26 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €228,951 | €291,917 | +€62,966 | +27.5% |
| Amounts receivable within one year | 40/41 | €24,025 | €2,342 | -€21,683 | -90.3% |
| Trade receivables | 40 | €19,663 | - | -€19,663 | |
| Other amounts receivable | 41 | €4,362 | €2,342 | -€2,020 | -46.3% |
| Cash at bank and in hand | 54/58 | €203,146 | €288,215 | +€85,069 | +41.9% |
| Deferred charges and accrued income | 490/1 | €1,780 | €1,360 | -€420 | -23.6% |
| Total equity and liabilities | 10/49 | €613,527 | €637,524 | +€23,997 | +3.9% |
| Equity | 10/15 | €467,094 | €507,404 | +€40,310 | +8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €412,360 | €452,610 | +€40,250 | +9.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €62,750 | €62,750 | = | 0.0% |
| Distributable reserves | 133 | €347,750 | €388,000 | +€40,250 | +11.6% |
| Profit (loss) carried forward | 14 | €48,534 | €48,594 | +€60 | +0.1% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €126,433 | €110,120 | -€16,313 | -12.9% |
| Amounts payable after more than one year | 17 | €64,220 | €48,030 | -€16,190 | -25.2% |
| Financial debts | 170/4 | €64,220 | €48,030 | -€16,190 | -25.2% |
| Amounts payable within one year | 42/48 | €60,730 | €60,627 | -€103 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €17,550 | €17,550 | = | 0.0% |
| Trade debts | 44 | €8,230 | €11,773 | +€3,543 | +43.0% |
| Suppliers | 440/4 | €8,230 | €11,773 | +€3,543 | +43.0% |
| Taxes, remuneration and social security | 45 | €24,802 | €26,097 | +€1,295 | +5.2% |
| Taxes | 450/3 | €12,802 | €11,097 | -€1,705 | -13.3% |
| Remuneration and social security | 454/9 | €12,000 | €15,000 | +€3,000 | +25.0% |
| Other amounts payable | 47/48 | €10,148 | €5,207 | -€4,941 | -48.7% |
| Accrued charges and deferred income | 492/3 | €1,483 | €1,463 | -€20 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,828 | €38,969 | +€141 | +0.4% |
| Other operating charges | 640/8 | €619 | €161 | -€458 | -74.0% |
| Gross operating margin | 9900 | €101,046 | €97,998 | -€3,048 | -3.0% |
| Operating profit (loss) | 9901 | €61,599 | €58,868 | -€2,731 | -4.4% |
| Financial income | 75/76B | €519 | €773 | +€254 | +48.9% |
| Recurring financial income | 75 | €519 | €773 | +€254 | +48.9% |
| Financial charges | 65/66B | €2,497 | €2,082 | -€415 | -16.6% |
| Recurring financial charges | 65 | €2,497 | €2,082 | -€415 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €59,621 | €57,559 | -€2,062 | -3.5% |
| Income taxes | 67/77 | €15,793 | €17,249 | +€1,456 | +9.2% |
| Profit (loss) for the period | 9904 | €43,828 | €40,310 | -€3,518 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,828 | €40,310 | -€3,518 | -8.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.