SAZ.COM: 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.
SAZ.COM
Largest movements
- Tangible fixed assets +€94,041
new in 2024: €94,041
- Deferred charges and accrued income -€13,038
down €13,038 (-83.8%), from €15,558 to €2,520
- Stocks and contracts +€10,325
up €10,325 (+228.0%), from €4,529 to €14,854
- Receivables within one year -€8,460
no longer reported in 2024 (was €8,460)
- Cash -€3,490
down €3,490 (-41.8%), from €8,358 to €4,868
mainly Investment in fixed assets (net) (-€110,637) and Net result for the year (-€67,091)
- Profit (loss) carried forward -€64,476
down €64,476, from €22,082 to -€42,394
- Debts after one year +€62,855
new in 2024: €62,855
- Other debts +€51,189
new in 2024: €51,189
- Current portion of long-term debt +€16,967
new in 2024: €16,967
- Trade debts +€14,097
new in 2024: €14,097
- Gross operating margin -€90,130
down €90,130 (-59.6%), from €151,104 to €60,974
- Staff costs -€43,209
down €43,209 (-31.1%), from €138,858 to €95,649
- Depreciation +€16,596
new in 2024: €16,596
- Other operating charges +€12,006
up €12,006 (+1459.9%), from €822 to €12,829
- Financial charges +€2,924
up €2,924 (+4285.6%), from €68 to €2,992
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,905 | €116,284 | +€79,378 | +215.1% |
| Fixed assets | 21/28 | - | €94,041 | +€94,041 | |
| Tangible fixed assets | 22/27 | - | €94,041 | +€94,041 | |
| Furniture and vehicles | 24 | - | €94,041 | +€94,041 | |
| Current assets | 29/58 | €36,905 | €22,242 | -€14,663 | -39.7% |
| Stocks and contracts in progress | 3 | €4,529 | €14,854 | +€10,325 | +228.0% |
| Stocks | 30/36 | €4,529 | €14,854 | +€10,325 | +228.0% |
| Amounts receivable within one year | 40/41 | €8,460 | - | -€8,460 | |
| Other amounts receivable | 41 | €8,460 | - | -€8,460 | |
| Cash at bank and in hand | 54/58 | €8,358 | €4,868 | -€3,490 | -41.8% |
| Deferred charges and accrued income | 490/1 | €15,558 | €2,520 | -€13,038 | -83.8% |
| Total equity and liabilities | 10/49 | €36,905 | €116,284 | +€79,378 | +215.1% |
| Equity | 10/15 | €25,082 | -€39,394 | -€64,476 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,082 | -€42,394 | -€64,476 | |
| Amounts payable | 17/49 | €11,823 | €155,678 | +€143,855 | +1216.7% |
| Amounts payable after more than one year | 17 | - | €62,855 | +€62,855 | |
| Financial debts | 170/4 | - | €62,855 | +€62,855 | |
| Amounts payable within one year | 42/48 | €11,823 | €92,823 | +€81,000 | +685.1% |
| Current portion of amounts payable after more than one year | 42 | - | €16,967 | +€16,967 | |
| Trade debts | 44 | - | €14,097 | +€14,097 | |
| Suppliers | 440/4 | - | €14,097 | +€14,097 | |
| Taxes, remuneration and social security | 45 | €11,823 | €10,569 | -€1,254 | -10.6% |
| Taxes | 450/3 | €11,823 | - | -€11,823 | |
| Remuneration and social security | 454/9 | - | €10,569 | +€10,569 | |
| Other amounts payable | 47/48 | - | €51,189 | +€51,189 | |
| Remuneration, social security and pensions | 62 | €138,858 | €95,649 | -€43,209 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €16,596 | +€16,596 | |
| Other operating charges | 640/8 | €822 | €12,829 | +€12,006 | +1459.9% |
| Gross operating margin | 9900 | €151,104 | €60,974 | -€90,130 | -59.6% |
| Operating profit (loss) | 9901 | €11,423 | -€64,099 | -€75,522 | |
| Financial charges | 65/66B | €68 | €2,992 | +€2,924 | +4285.6% |
| Recurring financial charges | 65 | €68 | €2,992 | +€2,924 | +4285.6% |
| Profit (loss) for the period before taxes | 9903 | €11,355 | -€67,091 | -€78,446 | |
| Profit (loss) for the period | 9904 | €11,355 | -€67,091 | -€78,446 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,355 | -€67,091 | -€78,446 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.