SAUNAPOOL: 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.
SAUNAPOOL
Largest movements
- Receivables after one year +€38,342
up €38,342 (+17.4%), from €220,000 to €258,342
- Cash -€37,799
down €37,799 (-14.8%), from €255,360 to €217,561
mainly Investment in fixed assets (net) (-€51,149) and Other debts (-€50,000)
- Receivables within one year +€25,200
up €25,200 (+34.7%), from €72,688 to €97,887
of which Trade receivables: +€15,720
- Stocks and contracts -€21,267
down €21,267 (-35.4%), from €60,000 to €38,733
- Trade debts +€60,513
up €60,513 (+185%), from €32,624 to €93,137
- Other debts -€50,000
down €50,000 (-100%), from €50,000 to €0
- Debts after one year +€17,464
up €17,464 (+26.7%), from €65,381 to €82,845
of which Financial debts: +€12,431
- Reserves -€13,000
down €13,000 (-2.4%), from €532,357 to €519,357
- Gross operating margin -€146,633
down €146,633 (-70.6%), from €207,746 to €61,113
- Financial income -€60,357
down €60,357 (-87.5%), from €68,983 to €8,627
- Staff costs -€51,886
down €51,886 (-91.6%), from €56,614 to €4,728
- Other operating charges +€19,476
up €19,476 (+1,257%), from €1,550 to €21,025
- Taxes -€9,930
down €9,930 (-86.7%), from €11,460 to €1,529
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 | €741,162 | €745,864 | +€4,701 | +0.6% |
| Fixed assets | 21/28 | €104,385 | €104,390 | +€5 | 0.0% |
| Tangible fixed assets | 22/27 | €104,150 | €104,155 | +€5 | 0.0% |
| Plant, machinery and equipment | 23 | €29,714 | €21,154 | -€8,560 | -28.8% |
| Furniture and vehicles | 24 | €74,437 | €83,001 | +€8,565 | +11.5% |
| Financial fixed assets | 28 | €235 | €235 | = | 0.0% |
| Current assets | 29/58 | €636,777 | €641,474 | +€4,697 | +0.7% |
| Amounts receivable after more than one year | 29 | €220,000 | €258,342 | +€38,342 | +17.4% |
| Trade receivables | 290 | €220,000 | €258,342 | +€38,342 | +17.4% |
| Stocks and contracts in progress | 3 | €60,000 | €38,733 | -€21,267 | -35.4% |
| Stocks | 30/36 | €60,000 | €38,733 | -€21,267 | -35.4% |
| Amounts receivable within one year | 40/41 | €72,688 | €97,887 | +€25,200 | +34.7% |
| Trade receivables | 40 | €72,688 | €88,408 | +€15,720 | +21.6% |
| Other amounts receivable | 41 | €0 | €9,480 | +€9,480 | |
| Current investments | 50/53 | €20,599 | €20,884 | +€285 | +1.4% |
| Cash at bank and in hand | 54/58 | €255,360 | €217,561 | -€37,799 | -14.8% |
| Deferred charges and accrued income | 490/1 | €8,130 | €8,066 | -€64 | -0.8% |
| Total equity and liabilities | 10/49 | €741,162 | €745,864 | +€4,701 | +0.6% |
| Equity | 10/15 | €538,818 | €525,602 | -€13,216 | -2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €532,357 | €519,357 | -€13,000 | -2.4% |
| Distributable reserves | 133 | €532,357 | €519,357 | -€13,000 | -2.4% |
| Profit (loss) carried forward | 14 | €261 | €45 | -€216 | -82.7% |
| Amounts payable | 17/49 | €202,344 | €220,261 | +€17,917 | +8.9% |
| Amounts payable after more than one year | 17 | €65,381 | €82,845 | +€17,464 | +26.7% |
| Financial debts | 170/4 | €58,995 | €71,426 | +€12,431 | +21.1% |
| Other amounts payable | 178/9 | €6,385 | €11,418 | +€5,033 | +78.8% |
| Amounts payable within one year | 42/48 | €133,774 | €136,786 | +€3,013 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €37,524 | €34,055 | -€3,469 | -9.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €32,624 | €93,137 | +€60,513 | +185% |
| Suppliers | 440/4 | €32,624 | €93,137 | +€60,513 | +185% |
| Taxes, remuneration and social security | 45 | €13,625 | €9,594 | -€4,031 | -29.6% |
| Taxes | 450/3 | €13,625 | €9,594 | -€4,031 | -29.6% |
| Other amounts payable | 47/48 | €50,000 | €0 | -€50,000 | -100% |
| Accrued charges and deferred income | 492/3 | €3,190 | €630 | -€2,560 | -80.2% |
| Remuneration, social security and pensions | 62 | €56,614 | €4,728 | -€51,886 | -91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,191 | €51,144 | -€1,046 | -2.0% |
| Other operating charges | 640/8 | €1,550 | €21,025 | +€19,476 | +1,257% |
| Gross operating margin | 9900 | €207,746 | €61,113 | -€146,633 | -70.6% |
| Operating profit (loss) | 9901 | €97,392 | -€15,785 | -€113,177 | |
| Financial income | 75/76B | €68,983 | €8,627 | -€60,357 | -87.5% |
| Recurring financial income | 75 | €68,983 | €8,627 | -€60,357 | -87.5% |
| Financial charges | 65/66B | €7,600 | €4,528 | -€3,072 | -40.4% |
| Recurring financial charges | 65 | €7,600 | €4,528 | -€3,072 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €158,775 | -€11,686 | -€170,462 | |
| Income taxes | 67/77 | €11,460 | €1,529 | -€9,930 | -86.7% |
| Profit (loss) for the period | 9904 | €147,316 | -€13,216 | -€160,531 | |
| Profit (loss) for the period to be appropriated | 9905 | €147,316 | -€13,216 | -€160,531 |
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 21 October 2026 via checked.be.