SAWARAMA Ets.: 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.
SAWARAMA Ets.
Largest movements
- Receivables within one year +€38,919
up €38,919 (+1,571%), from €2,478 to €41,397
of which Trade receivables: +€24,205
- Tangible fixed assets -€4,821
down €4,821 (-44.7%), from €10,790 to €5,969
of which Furniture and vehicles: -€2,821
- Cash -€807
down €807 (-81.1%), from €995 to €188
mainly Receivables within one year (-€38,919) and Tax, wage and social debts (-€16,362)
- Deferred charges and accrued income -€633
no longer reported in 2025 (was €633)
- Debts after one year +€49,011
up €49,011 (+57.0%), from €85,910 to €134,921
- Short-term financial debts +€35,439
up €35,439 (+155%), from €22,798 to €58,237
- Tax, wage and social debts -€16,362
down €16,362 (-70.1%), from €23,329 to €6,966
of which Remuneration and social security: -€16,442
- Profit (loss) carried forward -€16,291
down €16,291 (-8.4%), from -€193,064 to -€209,355
- Trade debts -€10,440
down €10,440 (-21.9%), from €47,603 to €37,164
of which Bills of exchange payable: -€5,569
- Gross operating margin +€33,307
up €33,307, from -€26,034 to €7,273
- Staff costs -€5,299
down €5,299 (-47.7%), from €11,117 to €5,818
- Depreciation -€5,057
down €5,057 (-51.2%), from €9,878 to €4,821
- Taxes -€4,720
down €4,720 (-79.5%), from €5,940 to €1,220
- Other operating charges +€390
up €390 (+3.5%), from €11,093 to €11,483
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 | €15,076 | €47,733 | +€32,658 | +217% |
| Fixed assets | 21/28 | €10,970 | €6,149 | -€4,821 | -43.9% |
| Tangible fixed assets | 22/27 | €10,790 | €5,969 | -€4,821 | -44.7% |
| Plant, machinery and equipment | 23 | €5,611 | €3,611 | -€2,000 | -35.6% |
| Furniture and vehicles | 24 | €5,179 | €2,358 | -€2,821 | -54.5% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €4,106 | €41,585 | +€37,479 | +913% |
| Amounts receivable within one year | 40/41 | €2,478 | €41,397 | +€38,919 | +1,571% |
| Trade receivables | 40 | €1,129 | €25,334 | +€24,205 | +2,143% |
| Other amounts receivable | 41 | €1,348 | €16,063 | +€14,714 | +1,091% |
| Cash at bank and in hand | 54/58 | €995 | €188 | -€807 | -81.1% |
| Deferred charges and accrued income | 490/1 | €633 | - | -€633 | |
| Total equity and liabilities | 10/49 | €15,076 | €47,733 | +€32,658 | +217% |
| Equity | 10/15 | -€173,264 | -€189,555 | -€16,291 | -9.4% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,064 | -€209,355 | -€16,291 | -8.4% |
| Amounts payable | 17/49 | €188,340 | €237,288 | +€48,948 | +26.0% |
| Amounts payable after more than one year | 17 | €85,910 | €134,921 | +€49,011 | +57.0% |
| Financial debts | 170/4 | €85,910 | €134,921 | +€49,011 | +57.0% |
| Amounts payable within one year | 42/48 | €102,430 | €102,367 | -€63 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €8,700 | - | -€8,700 | |
| Financial debts | 43 | €22,798 | €58,237 | +€35,439 | +155% |
| Other loans | 439 | €22,798 | €58,237 | +€35,439 | +155% |
| Trade debts | 44 | €47,603 | €37,164 | -€10,440 | -21.9% |
| Suppliers | 440/4 | €42,034 | €37,164 | -€4,871 | -11.6% |
| Bills of exchange payable | 441 | €5,569 | - | -€5,569 | |
| Taxes, remuneration and social security | 45 | €23,329 | €6,966 | -€16,362 | -70.1% |
| Taxes | 450/3 | €2,562 | €2,642 | +€80 | +3.1% |
| Remuneration and social security | 454/9 | €20,766 | €4,324 | -€16,442 | -79.2% |
| Remuneration, social security and pensions | 62 | €11,117 | €5,818 | -€5,299 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,878 | €4,821 | -€5,057 | -51.2% |
| Other operating charges | 640/8 | €11,093 | €11,483 | +€390 | +3.5% |
| Gross operating margin | 9900 | -€26,034 | €7,273 | +€33,307 | |
| Operating profit (loss) | 9901 | -€58,121 | -€14,849 | +€43,272 | +74.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €433 | €223 | -€211 | -48.6% |
| Recurring financial charges | 65 | €433 | €223 | -€211 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | -€58,555 | -€15,071 | +€43,484 | +74.3% |
| Income taxes | 67/77 | €5,940 | €1,220 | -€4,720 | -79.5% |
| Profit (loss) for the period | 9904 | -€64,495 | -€16,291 | +€48,204 | +74.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,495 | -€16,291 | +€48,204 | +74.7% |
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 23 October 2026 via checked.be.