SAYAL: 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.
SAYAL
Largest movements
- Receivables within one year +€5,243
up €5,243 (+93.1%), from €5,631 to €10,873
of which Trade receivables: +€5,259
- Stocks and contracts -€3,482
down €3,482 (-50.3%), from €6,920 to €3,438
- Cash +€654
up €654 (+26.5%), from €2,465 to €3,119
mainly Contributions, distributions and other (+€19,946) and Stocks and contracts (+€3,482)
- Deferred charges and accrued income -€287
no longer reported in 2025 (was €287)
- Tax, wage and social debts -€14,135
down €14,135 (-36.8%), from €38,377 to €24,242
of which Remuneration and social security: -€15,616
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Profit (loss) carried forward +€2,476
up €2,476 (+5.0%), from -€49,197 to -€46,721
- Trade debts +€2,192
up €2,192 (+23.7%), from €9,234 to €11,426
- Other debts -€814
down €814 (-7.6%), from €10,688 to €9,874
- Gross operating margin +€22,718
up €22,718 (+397%), from €5,729 to €28,447
- Taxes -€10,821
down €10,821 (-98.4%), from €10,997 to €176
- Staff costs -€3,727
down €3,727 (-10.2%), from €36,389 to €32,662
- Financial charges +€374
up €374 (+121%), from €308 to €681
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 | €15,302 | €17,430 | +€2,128 | +13.9% |
| Current assets | 29/58 | €15,302 | €17,430 | +€2,128 | +13.9% |
| Stocks and contracts in progress | 3 | €6,920 | €3,438 | -€3,482 | -50.3% |
| Stocks | 30/36 | €6,920 | €3,438 | -€3,482 | -50.3% |
| Amounts receivable within one year | 40/41 | €5,631 | €10,873 | +€5,243 | +93.1% |
| Trade receivables | 40 | €5,615 | €10,873 | +€5,259 | +93.7% |
| Other amounts receivable | 41 | €16 | - | -€16 | |
| Cash at bank and in hand | 54/58 | €2,465 | €3,119 | +€654 | +26.5% |
| Deferred charges and accrued income | 490/1 | €287 | - | -€287 | |
| Total equity and liabilities | 10/49 | €15,302 | €17,430 | +€2,128 | +13.9% |
| Equity | 10/15 | -€42,997 | -€28,121 | +€14,876 | +34.6% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Profit (loss) carried forward | 14 | -€49,197 | -€46,721 | +€2,476 | +5.0% |
| Amounts payable | 17/49 | €58,299 | €45,551 | -€12,748 | -21.9% |
| Amounts payable within one year | 42/48 | €58,299 | €45,551 | -€12,748 | -21.9% |
| Financial debts | 43 | - | €10 | +€10 | |
| Credit institutions | 430/8 | - | €10 | +€10 | |
| Trade debts | 44 | €9,234 | €11,426 | +€2,192 | +23.7% |
| Suppliers | 440/4 | €9,234 | €11,426 | +€2,192 | +23.7% |
| Taxes, remuneration and social security | 45 | €38,377 | €24,242 | -€14,135 | -36.8% |
| Taxes | 450/3 | €9,268 | €10,749 | +€1,481 | +16.0% |
| Remuneration and social security | 454/9 | €29,110 | €13,494 | -€15,616 | -53.6% |
| Other amounts payable | 47/48 | €10,688 | €9,874 | -€814 | -7.6% |
| Non-recurring operating income | 76A | - | €5,415 | +€5,415 | |
| Remuneration, social security and pensions | 62 | €36,389 | €32,662 | -€3,727 | -10.2% |
| Gross operating margin | 9900 | €5,729 | €28,447 | +€22,718 | +397% |
| Operating profit (loss) | 9901 | -€30,660 | -€4,215 | +€26,445 | +86.3% |
| Financial income | 75/76B | €0 | €2 | +€2 | +5,600% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +5,600% |
| Financial charges | 65/66B | €308 | €681 | +€374 | +121% |
| Recurring financial charges | 65 | €308 | €681 | +€374 | +121% |
| Profit (loss) for the period before taxes | 9903 | -€30,967 | -€4,894 | +€26,073 | +84.2% |
| Income taxes | 67/77 | €10,997 | €176 | -€10,821 | -98.4% |
| Profit (loss) for the period | 9904 | -€41,964 | -€5,070 | +€36,894 | +87.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,964 | -€5,070 | +€36,894 | +87.9% |
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 13 October 2026 via checked.be.