Sasha: 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.
Sasha
Largest movements
- Tangible fixed assets +€9,343
up €9,343 (+5.8%), from €162,355 to €171,698
of which Furniture and vehicles: +€13,406
- Cash +€3,497
up €3,497 (+141.0%), from €2,480 to €5,977
mainly Depreciation (+€8,309) and Current portion of long-term debt (+€5,706)
- Current portion of long-term debt +€5,706
up €5,706 (+95.4%), from €5,982 to €11,688
- Other debts +€3,582
up €3,582 (+22.9%), from €15,675 to €19,258
- Debts after one year +€3,064
up €3,064 (+2.9%), from €105,520 to €108,584
- Tax, wage and social debts +€2,279
up €2,279 (+267.3%), from €853 to €3,132
- Profit (loss) carried forward -€2,039
down €2,039 (-7.0%), from -€29,314 to -€31,354
- Gross operating margin +€20,746
up €20,746, from -€2,424 to €18,322
- Other operating charges +€6,136
up €6,136 (+236.7%), from €2,592 to €8,728
- Depreciation +€668
up €668 (+8.7%), from €7,641 to €8,309
- Financial charges -€439
down €439 (-12.2%), from €3,607 to €3,169
- Staff costs -€185
no longer reported in 2025 (was €185)
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 | €165,285 | €178,125 | +€12,841 | +7.8% |
| Fixed assets | 21/28 | €162,355 | €171,698 | +€9,343 | +5.8% |
| Tangible fixed assets | 22/27 | €162,355 | €171,698 | +€9,343 | +5.8% |
| Land and buildings | 22 | €158,776 | €154,714 | -€4,063 | -2.6% |
| Furniture and vehicles | 24 | €3,579 | €16,984 | +€13,406 | +374.6% |
| Current assets | 29/58 | €2,930 | €6,427 | +€3,497 | +119.4% |
| Amounts receivable within one year | 40/41 | €450 | €450 | = | 0.0% |
| Other amounts receivable | 41 | €450 | €450 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,480 | €5,977 | +€3,497 | +141.0% |
| Total equity and liabilities | 10/49 | €165,285 | €178,125 | +€12,841 | +7.8% |
| Equity | 10/15 | €36,186 | €34,147 | -€2,039 | -5.6% |
| Contributions | 10/11 | €65,500 | €65,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,314 | -€31,354 | -€2,039 | -7.0% |
| Amounts payable | 17/49 | €129,099 | €143,979 | +€14,880 | +11.5% |
| Amounts payable after more than one year | 17 | €105,520 | €108,584 | +€3,064 | +2.9% |
| Financial debts | 170/4 | €105,520 | €108,584 | +€3,064 | +2.9% |
| Amounts payable within one year | 42/48 | €23,579 | €35,395 | +€11,816 | +50.1% |
| Current portion of amounts payable after more than one year | 42 | €5,982 | €11,688 | +€5,706 | +95.4% |
| Trade debts | 44 | €1,069 | €1,318 | +€249 | +23.3% |
| Suppliers | 440/4 | €1,069 | €1,318 | +€249 | +23.3% |
| Taxes, remuneration and social security | 45 | €853 | €3,132 | +€2,279 | +267.3% |
| Taxes | 450/3 | €853 | €3,132 | +€2,279 | +267.3% |
| Other amounts payable | 47/48 | €15,675 | €19,258 | +€3,582 | +22.9% |
| Non-recurring operating income | 76A | - | €4,686 | +€4,686 | |
| Remuneration, social security and pensions | 62 | €185 | - | -€185 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,641 | €8,309 | +€668 | +8.7% |
| Other operating charges | 640/8 | €2,592 | €8,728 | +€6,136 | +236.7% |
| Gross operating margin | 9900 | -€2,424 | €18,322 | +€20,746 | |
| Operating profit (loss) | 9901 | -€12,842 | €1,285 | +€14,127 | |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €3,607 | €3,169 | -€439 | -12.2% |
| Recurring financial charges | 65 | €3,607 | €3,169 | -€439 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,443 | -€1,883 | +€14,560 | +88.5% |
| Income taxes | 67/77 | €140 | €156 | +€16 | +11.6% |
| Profit (loss) for the period | 9904 | -€16,583 | -€2,039 | +€14,544 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,583 | -€2,039 | +€14,544 | +87.7% |
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 4 October 2026 via checked.be.