SAS SERVICES: 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 SERVICES
Largest movements
- Receivables within one year -€4,974
down €4,974 (-41.7%), from €11,919 to €6,945
of which Trade receivables: -€8,443
- Cash +€3,631
up €3,631 (+307.3%), from €1,182 to €4,813
mainly Other debts (+€10,715) and Receivables within one year (+€4,974)
- Intangible fixed assets -€822
down €822 (-33.3%), from €2,465 to €1,643
- Other debts +€10,715
up €10,715 (+245.8%), from €4,360 to €15,075
- Trade debts -€7,860
down €7,860 (-39.5%), from €19,912 to €12,052
- Profit (loss) carried forward -€3,365
down €3,365 (-16.3%), from -€20,629 to -€23,994
- Tax, wage and social debts -€1,788
down €1,788 (-41.0%), from €4,355 to €2,568
- Other operating charges -€2,519
down €2,519 (-42.9%), from €5,865 to €3,346
- Write-downs +€2,137
new in 2025: €2,137
- Gross operating margin +€1,676
up €1,676 (+72.7%), from €2,306 to €3,982
- Financial charges +€1,263
up €1,263 (+280.0%), from €451 to €1,714
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 | €17,999 | €15,701 | -€2,298 | -12.8% |
| Fixed assets | 21/28 | €4,898 | €3,944 | -€954 | -19.5% |
| Intangible fixed assets | 21 | €2,465 | €1,643 | -€822 | -33.3% |
| Tangible fixed assets | 22/27 | €2,433 | €2,300 | -€133 | -5.5% |
| Plant, machinery and equipment | 23 | €520 | €260 | -€260 | -50.0% |
| Furniture and vehicles | 24 | €1,913 | €2,040 | +€127 | +6.7% |
| Current assets | 29/58 | €13,101 | €11,758 | -€1,343 | -10.3% |
| Amounts receivable within one year | 40/41 | €11,919 | €6,945 | -€4,974 | -41.7% |
| Trade receivables | 40 | €10,597 | €2,154 | -€8,443 | -79.7% |
| Other amounts receivable | 41 | €1,322 | €4,791 | +€3,469 | +262.3% |
| Cash at bank and in hand | 54/58 | €1,182 | €4,813 | +€3,631 | +307.3% |
| Total equity and liabilities | 10/49 | €17,999 | €15,701 | -€2,298 | -12.8% |
| Equity | 10/15 | -€10,629 | -€13,994 | -€3,365 | -31.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,629 | -€23,994 | -€3,365 | -16.3% |
| Amounts payable | 17/49 | €28,627 | €29,695 | +€1,067 | +3.7% |
| Amounts payable within one year | 42/48 | €28,627 | €29,695 | +€1,067 | +3.7% |
| Trade debts | 44 | €19,912 | €12,052 | -€7,860 | -39.5% |
| Suppliers | 440/4 | €19,912 | €12,052 | -€7,860 | -39.5% |
| Taxes, remuneration and social security | 45 | €4,355 | €2,568 | -€1,788 | -41.0% |
| Taxes | 450/3 | €4,355 | €2,568 | -€1,788 | -41.0% |
| Other amounts payable | 47/48 | €4,360 | €15,075 | +€10,715 | +245.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,137 | +€2,137 | |
| Other operating charges | 640/8 | €5,865 | €3,346 | -€2,519 | -42.9% |
| Gross operating margin | 9900 | €2,306 | €3,982 | +€1,676 | +72.7% |
| Operating profit (loss) | 9901 | -€3,559 | -€1,500 | +€2,059 | +57.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €451 | €1,714 | +€1,263 | +280.0% |
| Recurring financial charges | 65 | €451 | €1,714 | +€1,263 | +280.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,010 | -€3,214 | +€796 | +19.8% |
| Income taxes | 67/77 | €151 | €151 | -€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€4,161 | -€3,365 | +€796 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,161 | -€3,365 | +€796 | +19.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.