Saxia: 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.
Saxia
Largest movements
- Cash +€33,982
up €33,982 (+91.2%), from €37,259 to €71,241
mainly Net result for the year (+€26,563) and Other debts (+€5,456)
- Tangible fixed assets -€1,518
down €1,518 (-21.9%), from €6,945 to €5,427
- Receivables within one year -€1,353
no longer reported in 2025 (was €1,353)
- Profit (loss) carried forward +€25,730
up €25,730 (+72.6%), from €35,421 to €61,151
- Other debts +€5,456
up €5,456 (+116%), from €4,709 to €10,165
- Trade debts -€1,484
down €1,484 (-90.3%), from €1,644 to €160
- Tax, wage and social debts +€1,457
up €1,457 (+39.9%), from €3,656 to €5,113
- Gross operating margin -€9,214
down €9,214 (-18.7%), from €49,348 to €40,134
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 | €45,929 | €77,088 | +€31,159 | +67.8% |
| Fixed assets | 21/28 | €6,945 | €5,427 | -€1,518 | -21.9% |
| Tangible fixed assets | 22/27 | €6,945 | €5,427 | -€1,518 | -21.9% |
| Furniture and vehicles | 24 | €6,945 | €5,427 | -€1,518 | -21.9% |
| Current assets | 29/58 | €38,984 | €71,661 | +€32,677 | +83.8% |
| Amounts receivable within one year | 40/41 | €1,353 | - | -€1,353 | |
| Trade receivables | 40 | €1,353 | - | -€1,353 | |
| Cash at bank and in hand | 54/58 | €37,259 | €71,241 | +€33,982 | +91.2% |
| Deferred charges and accrued income | 490/1 | €371 | €420 | +€49 | +13.1% |
| Total equity and liabilities | 10/49 | €45,929 | €77,088 | +€31,159 | +67.8% |
| Equity | 10/15 | €35,921 | €61,651 | +€25,730 | +71.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,421 | €61,151 | +€25,730 | +72.6% |
| Amounts payable | 17/49 | €10,008 | €15,437 | +€5,429 | +54.2% |
| Amounts payable within one year | 42/48 | €10,008 | €15,437 | +€5,429 | +54.2% |
| Trade debts | 44 | €1,644 | €160 | -€1,484 | -90.3% |
| Suppliers | 440/4 | €1,644 | €160 | -€1,484 | -90.3% |
| Taxes, remuneration and social security | 45 | €3,656 | €5,113 | +€1,457 | +39.9% |
| Taxes | 450/3 | €3,656 | €5,113 | +€1,457 | +39.9% |
| Other amounts payable | 47/48 | €4,709 | €10,165 | +€5,456 | +116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,315 | €2,660 | +€346 | +14.9% |
| Gross operating margin | 9900 | €49,348 | €40,134 | -€9,214 | -18.7% |
| Operating profit (loss) | 9901 | €47,033 | €37,473 | -€9,560 | -20.3% |
| Financial income | 75/76B | €45 | €46 | +€1 | +2.4% |
| Recurring financial income | 75 | €45 | €46 | +€1 | +2.4% |
| Financial charges | 65/66B | €159 | €93 | -€66 | -41.3% |
| Recurring financial charges | 65 | €159 | €93 | -€66 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €46,919 | €37,426 | -€9,493 | -20.2% |
| Income taxes | 67/77 | €10,639 | €10,863 | +€224 | +2.1% |
| Profit (loss) for the period | 9904 | €36,280 | €26,563 | -€9,717 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,280 | €26,563 | -€9,717 | -26.8% |
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.