SAUGAT: 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.
SAUGAT
Largest movements
- Receivables within one year -€6,268
down €6,268 (-7.0%), from €89,763 to €83,496
of which Trade receivables: -€6,268
- Cash +€6,163
up €6,163 (+29.5%), from €20,870 to €27,033
mainly Net result for the year (+€12,102) and Receivables within one year (+€6,268)
- Deferred charges and accrued income +€3,809
up €3,809 (+50.5%), from €7,544 to €11,353
- Reserves +€12,102
up €12,102 (+13.1%), from €92,670 to €104,772
- Trade debts -€8,383
down €8,383 (-46.4%), from €18,057 to €9,675
- Gross operating margin +€8,161
up €8,161 (+25.2%), from €32,348 to €40,509
- Staff costs +€5,156
up €5,156 (+28.6%), from €18,002 to €23,159
- Taxes +€1,200
up €1,200 (+33.3%), from €3,599 to €4,799
- Write-downs -€1,000
no longer reported in 2025 (was €1,000)
- Financial charges -€533
down €533 (-23.7%), from €2,249 to €1,716
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 | €127,869 | €131,452 | +€3,583 | +2.8% |
| Fixed assets | 21/28 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €122,869 | €126,452 | +€3,583 | +2.9% |
| Stocks and contracts in progress | 3 | €4,691 | €4,570 | -€120 | -2.6% |
| Stocks | 30/36 | €4,691 | €4,570 | -€120 | -2.6% |
| Amounts receivable within one year | 40/41 | €89,763 | €83,496 | -€6,268 | -7.0% |
| Trade receivables | 40 | €8,073 | €1,805 | -€6,268 | -77.6% |
| Other amounts receivable | 41 | €81,691 | €81,691 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,870 | €27,033 | +€6,163 | +29.5% |
| Deferred charges and accrued income | 490/1 | €7,544 | €11,353 | +€3,809 | +50.5% |
| Total equity and liabilities | 10/49 | €127,869 | €131,452 | +€3,583 | +2.8% |
| Equity | 10/15 | €100,670 | €112,772 | +€12,102 | +12.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,670 | €104,772 | +€12,102 | +13.1% |
| Distributable reserves | 133 | €92,670 | €104,772 | +€12,102 | +13.1% |
| Profit (loss) carried forward | 14 | €1,800 | €1,800 | = | 0.0% |
| Amounts payable | 17/49 | €27,199 | €18,679 | -€8,519 | -31.3% |
| Amounts payable within one year | 42/48 | €27,199 | €18,679 | -€8,519 | -31.3% |
| Trade debts | 44 | €18,057 | €9,675 | -€8,383 | -46.4% |
| Suppliers | 440/4 | €18,057 | €9,675 | -€8,383 | -46.4% |
| Taxes, remuneration and social security | 45 | €9,141 | €9,005 | -€137 | -1.5% |
| Taxes | 450/3 | €6,956 | €5,976 | -€979 | -14.1% |
| Remuneration and social security | 454/9 | €2,186 | €3,028 | +€843 | +38.6% |
| Remuneration, social security and pensions | 62 | €18,002 | €23,159 | +€5,156 | +28.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,000 | - | -€1,000 | |
| Other operating charges | 640/8 | €1,128 | €844 | -€284 | -25.2% |
| Gross operating margin | 9900 | €32,348 | €40,509 | +€8,161 | +25.2% |
| Operating profit (loss) | 9901 | €12,218 | €16,507 | +€4,289 | +35.1% |
| Financial income | 75/76B | €2,110 | €2,110 | = | 0.0% |
| Recurring financial income | 75 | €2,110 | €2,110 | = | 0.0% |
| Financial charges | 65/66B | €2,249 | €1,716 | -€533 | -23.7% |
| Recurring financial charges | 65 | €2,249 | €1,716 | -€533 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €12,080 | €16,901 | +€4,821 | +39.9% |
| Income taxes | 67/77 | €3,599 | €4,799 | +€1,200 | +33.3% |
| Profit (loss) for the period | 9904 | €8,480 | €12,102 | +€3,622 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,480 | €12,102 | +€3,622 | +42.7% |
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 11 October 2026 via checked.be.