SASA: 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.
SASA
Largest movements
- Tangible fixed assets -€1,460
down €1,460 (-14.7%), from €9,899 to €8,439
- Cash -€360
down €360 (-2.6%), from €14,043 to €13,683
mainly Debts after one year (-€8,829) and Debts within one year (-€3,484)
- Profit (loss) carried forward +€10,616
up €10,616 (+26.2%), from -€40,527 to -€29,912
- Debts after one year -€8,829
down €8,829 (-74.4%), from €11,861 to €3,033
- Debts within one year -€3,484
down €3,484 (-9.6%), from €36,398 to €32,914
- Purchases and services +€90,921
new in 2021: €90,921
- Turnover -€24,784
down €24,784 (-19.8%), from €124,968 to €100,184
- Gross operating margin -€15,498
down €15,498 (-48.6%), from €31,861 to €16,363
- Financial charges +€2,487
new in 2021: €2,487
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,632 | €26,935 | -€1,697 | -5.9% |
| Fixed assets | 21/28 | €11,003 | €9,544 | -€1,460 | -13.3% |
| Tangible fixed assets | 22/27 | €9,899 | €8,439 | -€1,460 | -14.7% |
| Furniture and vehicles | 24 | - | €8,439 | +€8,439 | |
| Financial fixed assets | 28 | €1,105 | €1,105 | = | 0.0% |
| Current assets | 29/58 | €17,629 | €17,391 | -€238 | -1.3% |
| Stocks and contracts in progress | 3 | €1,320 | €1,464 | +€145 | +11.0% |
| Stocks | 30/36 | - | €1,464 | +€1,464 | |
| Amounts receivable within one year | 40/41 | €2,266 | €2,103 | -€163 | -7.2% |
| Trade receivables | 40 | - | €119 | +€119 | |
| Other amounts receivable | 41 | - | €1,984 | +€1,984 | |
| Cash at bank and in hand | 54/58 | €14,043 | €13,683 | -€360 | -2.6% |
| Deferred charges and accrued income | 490/1 | - | €140 | +€140 | |
| Total equity and liabilities | 10/49 | €28,632 | €26,935 | -€1,697 | -5.9% |
| Equity | 10/15 | -€19,627 | -€9,012 | +€10,616 | +54.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,900 | +€1,900 | |
| Reserves not available under the articles | 1311 | - | €1,900 | +€1,900 | |
| Profit (loss) carried forward | 14 | -€40,527 | -€29,912 | +€10,616 | +26.2% |
| Amounts payable | 17/49 | €48,260 | €35,947 | -€12,313 | -25.5% |
| Amounts payable after more than one year | 17 | €11,861 | €3,033 | -€8,829 | -74.4% |
| Financial debts | 170/4 | - | €3,033 | +€3,033 | |
| Amounts payable within one year | 42/48 | €36,398 | €32,914 | -€3,484 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | - | €4,788 | +€4,788 | |
| Trade debts | 44 | - | €3,963 | +€3,963 | |
| Suppliers | 440/4 | - | €3,963 | +€3,963 | |
| Taxes, remuneration and social security | 45 | - | €333 | +€333 | |
| Taxes | 450/3 | - | €166 | +€166 | |
| Remuneration and social security | 454/9 | - | €167 | +€167 | |
| Other amounts payable | 47/48 | - | €23,830 | +€23,830 | |
| Turnover | 70 | €124,968 | €100,184 | -€24,784 | -19.8% |
| Non-recurring operating income | 76A | - | €6,500 | +€6,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €90,921 | +€90,921 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,368 | €2,407 | +€1,039 | +76.0% |
| Other operating charges | 640/8 | - | €736 | +€736 | |
| Gross operating margin | 9900 | €31,861 | €16,363 | -€15,498 | -48.6% |
| Operating profit (loss) | 9901 | €19,590 | €13,220 | -€6,370 | -32.5% |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | - | €2,487 | +€2,487 | |
| Recurring financial charges | 65 | €1,506 | €2,487 | +€981 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €18,083 | €10,733 | -€7,351 | -40.6% |
| Income taxes | 67/77 | €99 | €117 | +€18 | +18.2% |
| Profit (loss) for the period | 9904 | €17,985 | €10,616 | -€7,369 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,985 | €10,616 | -€7,369 | -41.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.