SASORECO: 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.
SASORECO
Largest movements
- Tangible fixed assets +€8,545
up €8,545 (+11.5%), from €74,294 to €82,839
of which Land and buildings: +€6,473
- Reserves +€8,341
up €8,341 (+7.4%), from €112,338 to €120,679
of which Distributable reserves: +€8,341
- Other debts -€4,529
down €4,529 (-32.3%), from €14,001 to €9,472
- Tax, wage and social debts +€3,455
up €3,455 (+93.5%), from €3,696 to €7,150
- Gross operating margin +€2,018
up €2,018 (+5.4%), from €37,184 to €39,202
- Financial income -€1,965
down €1,965 (-51.9%), from €3,784 to €1,819
- Other operating charges +€761
up €761 (+3.4%), from €22,295 to €23,057
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 | €332,774 | €339,207 | +€6,433 | +1.9% |
| Fixed assets | 21/28 | €74,294 | €82,839 | +€8,545 | +11.5% |
| Tangible fixed assets | 22/27 | €74,294 | €82,839 | +€8,545 | +11.5% |
| Land and buildings | 22 | €74,294 | €80,768 | +€6,473 | +8.7% |
| Plant, machinery and equipment | 23 | €0 | €2,071 | +€2,071 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €258,479 | €256,367 | -€2,112 | -0.8% |
| Stocks and contracts in progress | 3 | €7,437 | €7,437 | = | 0.0% |
| Stocks | 30/36 | €7,437 | €7,437 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €245,404 | €242,101 | -€3,303 | -1.3% |
| Deferred charges and accrued income | 490/1 | €5,639 | €6,830 | +€1,192 | +21.1% |
| Total equity and liabilities | 10/49 | €332,774 | €339,207 | +€6,433 | +1.9% |
| Equity | 10/15 | €298,258 | €306,599 | +€8,341 | +2.8% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Capital | 10 | €185,920 | €185,920 | = | 0.0% |
| Issued capital | 100 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €112,338 | €120,679 | +€8,341 | +7.4% |
| Non-distributable reserves | 130/1 | €18,592 | €18,592 | = | 0.0% |
| Legal reserve | 130 | €18,592 | €18,592 | = | 0.0% |
| Distributable reserves | 133 | €93,746 | €102,087 | +€8,341 | +8.9% |
| Amounts payable | 17/49 | €34,515 | €32,608 | -€1,908 | -5.5% |
| Amounts payable after more than one year | 17 | €2,180 | €2,180 | = | 0.0% |
| Other amounts payable | 178/9 | €2,180 | €2,180 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,577 | €27,593 | -€1,984 | -6.7% |
| Trade debts | 44 | €11,880 | €10,971 | -€910 | -7.7% |
| Suppliers | 440/4 | €11,880 | €10,971 | -€910 | -7.7% |
| Taxes, remuneration and social security | 45 | €3,696 | €7,150 | +€3,455 | +93.5% |
| Taxes | 450/3 | €3,696 | €7,150 | +€3,455 | +93.5% |
| Other amounts payable | 47/48 | €14,001 | €9,472 | -€4,529 | -32.3% |
| Accrued charges and deferred income | 492/3 | €2,759 | €2,835 | +€76 | +2.8% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,449 | €5,412 | -€37 | -0.7% |
| Other operating charges | 640/8 | €22,295 | €23,057 | +€761 | +3.4% |
| Gross operating margin | 9900 | €37,184 | €39,202 | +€2,018 | +5.4% |
| Operating profit (loss) | 9901 | €9,439 | €10,733 | +€1,294 | +13.7% |
| Financial income | 75/76B | €3,784 | €1,819 | -€1,965 | -51.9% |
| Recurring financial income | 75 | €3,784 | €1,819 | -€1,965 | -51.9% |
| Financial charges | 65/66B | €213 | €211 | -€1 | -0.6% |
| Recurring financial charges | 65 | €213 | €211 | -€1 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €13,011 | €12,341 | -€670 | -5.1% |
| Income taxes | 67/77 | €4,351 | €4,000 | -€351 | -8.1% |
| Profit (loss) for the period | 9904 | €8,660 | €8,341 | -€319 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,660 | €8,341 | -€319 | -3.7% |
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 18 October 2026 via checked.be.