SAUNA PALACE: 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.
SAUNA PALACE
Largest movements
- Receivables within one year +€13,081
up €13,081 (+1,177%), from €1,111 to €14,193
of which Trade receivables: +€13,266
- Tangible fixed assets +€12,918
up €12,918 (+4.4%), from €296,302 to €309,220
of which Land and buildings: +€48,014
- Reserves +€14,156
up €14,156 (+11.9%), from €118,606 to €132,762
of which Distributable reserves: +€14,623
- Tax, wage and social debts +€11,298
up €11,298 (+61.1%), from €18,491 to €29,789
of which Remuneration and social security: +€7,542
- Trade debts +€7,910
up €7,910 (+23.5%), from €33,707 to €41,617
- Debts after one year -€5,586
down €5,586 (-44.8%), from €12,465 to €6,879
- Gross operating margin +€28,925
up €28,925 (+25.2%), from €114,810 to €143,735
- Staff costs +€27,480
up €27,480 (+92.8%), from €29,614 to €57,095
- Depreciation +€5,068
up €5,068 (+8.6%), from €59,019 to €64,087
- Taxes -€2,137
down €2,137 (-28.1%), from €7,594 to €5,457
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 | €334,014 | €358,454 | +€24,440 | +7.3% |
| Fixed assets | 21/28 | €296,302 | €309,220 | +€12,918 | +4.4% |
| Tangible fixed assets | 22/27 | €296,302 | €309,220 | +€12,918 | +4.4% |
| Land and buildings | 22 | €140,957 | €188,971 | +€48,014 | +34.1% |
| Plant, machinery and equipment | 23 | €72,839 | €63,472 | -€9,368 | -12.9% |
| Furniture and vehicles | 24 | €36,638 | €16,006 | -€20,632 | -56.3% |
| Other tangible fixed assets | 26 | €45,867 | €40,771 | -€5,096 | -11.1% |
| Current assets | 29/58 | €37,712 | €49,234 | +€11,522 | +30.6% |
| Amounts receivable within one year | 40/41 | €1,111 | €14,193 | +€13,081 | +1,177% |
| Trade receivables | 40 | - | €13,266 | +€13,266 | |
| Other amounts receivable | 41 | €1,111 | €927 | -€184 | -16.6% |
| Cash at bank and in hand | 54/58 | €36,601 | €35,041 | -€1,559 | -4.3% |
| Total equity and liabilities | 10/49 | €334,014 | €358,454 | +€24,440 | +7.3% |
| Equity | 10/15 | €149,311 | €163,466 | +€14,156 | +9.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Contributions outside capital | 11 | €19,000 | - | -€19,000 | |
| Other | 1109/19 | €19,000 | - | -€19,000 | |
| Reserves | 13 | €118,606 | €132,762 | +€14,156 | +11.9% |
| Non-distributable reserves | 130/1 | €468 | - | -€468 | |
| Legal reserve | 130 | €468 | - | -€468 | |
| Distributable reserves | 133 | €118,139 | €132,762 | +€14,623 | +12.4% |
| Profit (loss) carried forward | 14 | €11,704 | €11,704 | = | 0.0% |
| Amounts payable | 17/49 | €184,704 | €194,988 | +€10,284 | +5.6% |
| Amounts payable after more than one year | 17 | €12,465 | €6,879 | -€5,586 | -44.8% |
| Financial debts | 170/4 | €12,465 | €6,879 | -€5,586 | -44.8% |
| Amounts payable within one year | 42/48 | €172,239 | €188,109 | +€15,870 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €7,527 | €5,200 | -€2,327 | -30.9% |
| Trade debts | 44 | €33,707 | €41,617 | +€7,910 | +23.5% |
| Suppliers | 440/4 | €33,707 | €41,617 | +€7,910 | +23.5% |
| Advances received on contracts in progress | 46 | €2,436 | €2,436 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €18,491 | €29,789 | +€11,298 | +61.1% |
| Taxes | 450/3 | €11,458 | €15,213 | +€3,756 | +32.8% |
| Remuneration and social security | 454/9 | €7,033 | €14,575 | +€7,542 | +107% |
| Other amounts payable | 47/48 | €110,079 | €109,068 | -€1,011 | -0.9% |
| Non-recurring operating income | 76A | - | €369 | +€369 | |
| Remuneration, social security and pensions | 62 | €29,614 | €57,095 | +€27,480 | +92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,019 | €64,087 | +€5,068 | +8.6% |
| Other operating charges | 640/8 | €1,025 | €2,000 | +€975 | +95.2% |
| Gross operating margin | 9900 | €114,810 | €143,735 | +€28,925 | +25.2% |
| Operating profit (loss) | 9901 | €25,152 | €20,554 | -€4,598 | -18.3% |
| Financial charges | 65/66B | €1,390 | €941 | -€449 | -32.3% |
| Recurring financial charges | 65 | €1,390 | €941 | -€449 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €23,762 | €19,612 | -€4,150 | -17.5% |
| Income taxes | 67/77 | €7,594 | €5,457 | -€2,137 | -28.1% |
| Profit (loss) for the period | 9904 | €16,168 | €14,156 | -€2,013 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,168 | €14,156 | -€2,013 | -12.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.