SASICAIA: 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.
SASICAIA
Largest movements
- Receivables within one year -€36,720
down €36,720 (-57.5%), from €63,834 to €27,114
- Deferred charges and accrued income +€33,894
up €33,894 (+169%), from €20,109 to €54,003
- Cash -€7,522
down €7,522 (-25.6%), from €29,424 to €21,902
mainly Contributions, distributions and other (-€90,000) and Deferred charges and accrued income (-€33,894)
- Profit (loss) carried forward -€14,488
down €14,488 (-15.1%), from €95,770 to €81,282
- Tax, wage and social debts +€3,644
up €3,644 (+23.4%), from €15,551 to €19,195
of which Taxes: +€3,663
- Gross operating margin +€48,250
up €48,250 (+107%), from €45,216 to €93,466
- Taxes +€9,533
up €9,533 (+96.9%), from €9,834 to €19,367
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 | €113,367 | €103,019 | -€10,348 | -9.1% |
| Current assets | 29/58 | €113,367 | €103,019 | -€10,348 | -9.1% |
| Amounts receivable within one year | 40/41 | €63,834 | €27,114 | -€36,720 | -57.5% |
| Other amounts receivable | 41 | €63,834 | €27,114 | -€36,720 | -57.5% |
| Cash at bank and in hand | 54/58 | €29,424 | €21,902 | -€7,522 | -25.6% |
| Deferred charges and accrued income | 490/1 | €20,109 | €54,003 | +€33,894 | +169% |
| Total equity and liabilities | 10/49 | €113,367 | €103,019 | -€10,348 | -9.1% |
| Equity | 10/15 | €97,770 | €83,282 | -€14,488 | -14.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,770 | €81,282 | -€14,488 | -15.1% |
| Amounts payable | 17/49 | €15,597 | €19,737 | +€4,140 | +26.5% |
| Amounts payable within one year | 42/48 | €15,597 | €19,737 | +€4,140 | +26.5% |
| Trade debts | 44 | €46 | €542 | +€496 | +1,078% |
| Suppliers | 440/4 | €46 | €542 | +€496 | +1,078% |
| Taxes, remuneration and social security | 45 | €15,551 | €19,195 | +€3,644 | +23.4% |
| Taxes | 450/3 | €9,836 | €13,499 | +€3,663 | +37.2% |
| Remuneration and social security | 454/9 | €5,715 | €5,696 | -€19 | -0.3% |
| Other operating charges | 640/8 | €551 | €819 | +€268 | +48.5% |
| Gross operating margin | 9900 | €45,216 | €93,466 | +€48,250 | +107% |
| Operating profit (loss) | 9901 | €44,665 | €92,647 | +€47,982 | +107% |
| Financial income | 75/76B | €2,178 | €2,262 | +€85 | +3.9% |
| Recurring financial income | 75 | €2,178 | €2,262 | +€85 | +3.9% |
| Financial charges | 65/66B | €370 | €30 | -€340 | -91.9% |
| Recurring financial charges | 65 | €370 | €30 | -€340 | -91.9% |
| Profit (loss) for the period before taxes | 9903 | €46,472 | €94,879 | +€48,407 | +104% |
| Income taxes | 67/77 | €9,834 | €19,367 | +€9,533 | +96.9% |
| Profit (loss) for the period | 9904 | €36,638 | €75,512 | +€38,874 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €36,638 | €75,512 | +€38,874 | +106% |
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 30 October 2026 via checked.be.