SAYNARELEC: what changed
SAYNARELEC
Largest movements
- Tangible fixed assets -€7,181
down €7,181 (-45.8%), from €15,672 to €8,491
of which Furniture and vehicles: -€7,229
- Cash -€4,486
down €4,486 (-95.7%), from €4,690 to €203
mainly Net result for the year (-€13,653) and Tax, wage and social debts (-€473)
- Receivables within one year -€2,108
down €2,108 (-25.0%), from €8,447 to €6,339
of which Trade receivables: -€4,105
- Profit (loss) carried forward -€13,653
down €13,653 (-71.1%), from €19,195 to €5,541
- Tax, wage and social debts -€473
down €473 (-8.1%), from €5,824 to €5,351
- Trade debts +€351
up €351 (+44.4%), from €791 to €1,142
- Gross operating margin -€37,513
down €37,513, from €31,746 to -€5,766
- Taxes -€5,353
down €5,353, from €5,352 to -€1
- Depreciation +€455
up €455 (+6.4%), from €7,160 to €7,615
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,809 | €15,034 | -€13,775 | -47.8% |
| Fixed assets | 21/28 | €15,672 | €8,491 | -€7,181 | -45.8% |
| Tangible fixed assets | 22/27 | €15,672 | €8,491 | -€7,181 | -45.8% |
| Plant, machinery and equipment | 23 | €1,006 | €1,054 | +€48 | +4.8% |
| Furniture and vehicles | 24 | €14,666 | €7,437 | -€7,229 | -49.3% |
| Current assets | 29/58 | €13,137 | €6,543 | -€6,594 | -50.2% |
| Amounts receivable within one year | 40/41 | €8,447 | €6,339 | -€2,108 | -25.0% |
| Trade receivables | 40 | €8,333 | €4,228 | -€4,105 | -49.3% |
| Other amounts receivable | 41 | €115 | €2,112 | +€1,997 | +1,741% |
| Cash at bank and in hand | 54/58 | €4,690 | €203 | -€4,486 | -95.7% |
| Total equity and liabilities | 10/49 | €28,809 | €15,034 | -€13,775 | -47.8% |
| Equity | 10/15 | €22,195 | €8,541 | -€13,653 | -61.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,195 | €5,541 | -€13,653 | -71.1% |
| Amounts payable | 17/49 | €6,615 | €6,493 | -€122 | -1.8% |
| Amounts payable within one year | 42/48 | €6,615 | €6,493 | -€122 | -1.8% |
| Trade debts | 44 | €791 | €1,142 | +€351 | +44.4% |
| Suppliers | 440/4 | €791 | €1,142 | +€351 | +44.4% |
| Taxes, remuneration and social security | 45 | €5,824 | €5,351 | -€473 | -8.1% |
| Taxes | 450/3 | €5,824 | €5,351 | -€473 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,160 | €7,615 | +€455 | +6.4% |
| Other operating charges | 640/8 | - | €119 | +€119 | |
| Gross operating margin | 9900 | €31,746 | -€5,766 | -€37,513 | |
| Operating profit (loss) | 9901 | €24,586 | -€13,501 | -€38,087 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.6% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.6% |
| Financial charges | 65/66B | €43 | €153 | +€111 | +260% |
| Recurring financial charges | 65 | €43 | €153 | +€111 | +260% |
| Profit (loss) for the period before taxes | 9903 | €24,547 | -€13,654 | -€38,201 | |
| Income taxes | 67/77 | €5,352 | -€1 | -€5,353 | |
| Profit (loss) for the period | 9904 | €19,195 | -€13,653 | -€32,848 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,195 | -€13,653 | -€32,848 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.