Sas Electrics: 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.
Sas Electrics
Largest movements
- Cash +€9,441
up €9,441 (+52.6%), from €17,937 to €27,378
mainly Net result for the year (+€12,789) and Depreciation (+€3,999)
- Receivables within one year +€8,511
up €8,511 (+137%), from €6,191 to €14,702
of which Other amounts receivable: +€10,056
- Tangible fixed assets -€1,902
down €1,902 (-13.3%), from €14,327 to €12,425
of which Furniture and vehicles: -€1,231
- Profit (loss) carried forward +€12,789
up €12,789 (+43.2%), from €29,598 to €42,387
- Trade debts +€1,320
up €1,320 (+117%), from €1,126 to €2,446
- Tax, wage and social debts +€1,067
up €1,067 (+17.6%), from €6,066 to €7,134
of which Remuneration and social security: +€1,800
- Gross operating margin -€22,601
down €22,601 (-53.4%), from €42,321 to €19,719
- Taxes -€4,343
down €4,343 (-55.7%), from €7,803 to €3,460
- Staff costs -€718
down €718 (-91.9%), from €781 to €63
- Other operating charges -€551
down €551 (-57.6%), from €957 to €406
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 | €39,790 | €54,967 | +€15,177 | +38.1% |
| Fixed assets | 21/28 | €14,750 | €12,425 | -€2,325 | -15.8% |
| Tangible fixed assets | 22/27 | €14,327 | €12,425 | -€1,902 | -13.3% |
| Plant, machinery and equipment | 23 | €3,499 | €2,828 | -€671 | -19.2% |
| Furniture and vehicles | 24 | €10,828 | €9,597 | -€1,231 | -11.4% |
| Financial fixed assets | 28 | €424 | - | -€424 | |
| Current assets | 29/58 | €25,040 | €42,542 | +€17,502 | +69.9% |
| Amounts receivable within one year | 40/41 | €6,191 | €14,702 | +€8,511 | +137% |
| Trade receivables | 40 | €2,499 | €954 | -€1,545 | -61.8% |
| Other amounts receivable | 41 | €3,692 | €13,747 | +€10,056 | +272% |
| Cash at bank and in hand | 54/58 | €17,937 | €27,378 | +€9,441 | +52.6% |
| Deferred charges and accrued income | 490/1 | €912 | €462 | -€450 | -49.4% |
| Total equity and liabilities | 10/49 | €39,790 | €54,967 | +€15,177 | +38.1% |
| Equity | 10/15 | €32,598 | €45,387 | +€12,789 | +39.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,598 | €42,387 | +€12,789 | +43.2% |
| Amounts payable | 17/49 | €7,192 | €9,580 | +€2,387 | +33.2% |
| Amounts payable within one year | 42/48 | €7,192 | €9,580 | +€2,387 | +33.2% |
| Trade debts | 44 | €1,126 | €2,446 | +€1,320 | +117% |
| Suppliers | 440/4 | €1,126 | €2,446 | +€1,320 | +117% |
| Taxes, remuneration and social security | 45 | €6,066 | €7,134 | +€1,067 | +17.6% |
| Taxes | 450/3 | €6,066 | €5,334 | -€733 | -12.1% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Remuneration, social security and pensions | 62 | €781 | €63 | -€718 | -91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,917 | €3,999 | +€82 | +2.1% |
| Other operating charges | 640/8 | €957 | €406 | -€551 | -57.6% |
| Gross operating margin | 9900 | €42,321 | €19,719 | -€22,601 | -53.4% |
| Operating profit (loss) | 9901 | €36,667 | €15,252 | -€21,415 | -58.4% |
| Financial income | 75/76B | €793 | €1,038 | +€245 | +30.9% |
| Recurring financial income | 75 | €793 | €1,038 | +€245 | +30.9% |
| Financial charges | 65/66B | €59 | €40 | -€18 | -31.3% |
| Recurring financial charges | 65 | €59 | €40 | -€18 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €37,401 | €16,250 | -€21,151 | -56.6% |
| Income taxes | 67/77 | €7,803 | €3,460 | -€4,343 | -55.7% |
| Profit (loss) for the period | 9904 | €29,598 | €12,789 | -€16,809 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,598 | €12,789 | -€16,809 | -56.8% |
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 14 October 2026 via checked.be.