SAZA CONSTRUCT: what changed
Two fiscal 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.
SAZA CONSTRUCT
Largest movements
- Tangible fixed assets +€252,299
up €252,299 (+281.7%), from €89,561 to €341,860
of which Leasing and similar rights: +€215,867
- Receivables within one year +€108,426
up €108,426 (+145.5%), from €74,541 to €182,967
of which Trade receivables: +€88,780
- Debts after one year +€178,682
up €178,682 (+402.5%), from €44,390 to €223,072
- Profit (loss) carried forward +€92,016
up €92,016 (+155.6%), from €59,146 to €151,162
- Current portion of long-term debt +€43,182
up €43,182 (+378.3%), from €11,413 to €54,596
- Trade debts +€33,965
up €33,965 (+166.5%), from €20,398 to €54,363
- Tax, wage and social debts +€18,089
up €18,089 (+81.4%), from €22,222 to €40,311
of which Taxes: +€21,847
- Purchases and services -€191,997
no longer reported in 2025 (was €191,997)
- Gross operating margin +€104,052
up €104,052 (+69.5%), from €149,627 to €253,679
- Staff costs +€23,474
up €23,474 (+36.9%), from €63,600 to €87,073
- Depreciation +€21,295
up €21,295 (+212.4%), from €10,026 to €31,321
- Taxes +€10,498
up €10,498 (+66.2%), from €15,848 to €26,347
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.
Cash bridge derived
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 | €164,758 | €525,504 | +€360,745 | +219.0% |
| Fixed assets | 21/28 | €89,561 | €341,860 | +€252,299 | +281.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €89,561 | €341,860 | +€252,299 | +281.7% |
| Plant, machinery and equipment | 23 | €13,879 | €42,093 | +€28,214 | +203.3% |
| Furniture and vehicles | 24 | €8,802 | €17,020 | +€8,218 | +93.4% |
| Leasing and similar rights | 25 | €66,880 | €282,747 | +€215,867 | +322.8% |
| Current assets | 29/58 | €75,197 | €183,644 | +€108,447 | +144.2% |
| Amounts receivable within one year | 40/41 | €74,541 | €182,967 | +€108,426 | +145.5% |
| Trade receivables | 40 | €62,405 | €151,185 | +€88,780 | +142.3% |
| Other amounts receivable | 41 | €12,136 | €31,782 | +€19,646 | +161.9% |
| Cash at bank and in hand | 54/58 | €656 | €677 | +€21 | +3.2% |
| Total equity and liabilities | 10/49 | €164,758 | €525,504 | +€360,745 | +219.0% |
| Equity | 10/15 | €61,146 | €153,162 | +€92,016 | +150.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,146 | €151,162 | +€92,016 | +155.6% |
| Amounts payable | 17/49 | €103,613 | €372,342 | +€268,729 | +259.4% |
| Amounts payable after more than one year | 17 | €44,390 | €223,072 | +€178,682 | +402.5% |
| Financial debts | 170/4 | €44,390 | €223,072 | +€178,682 | +402.5% |
| Amounts payable within one year | 42/48 | €56,675 | €149,270 | +€92,595 | +163.4% |
| Current portion of amounts payable after more than one year | 42 | €11,413 | €54,596 | +€43,182 | +378.3% |
| Trade debts | 44 | €20,398 | €54,363 | +€33,965 | +166.5% |
| Suppliers | 440/4 | €20,398 | €54,363 | +€33,965 | +166.5% |
| Taxes, remuneration and social security | 45 | €22,222 | €40,311 | +€18,089 | +81.4% |
| Taxes | 450/3 | €15,848 | €37,695 | +€21,847 | +137.8% |
| Remuneration and social security | 454/9 | €6,374 | €2,616 | -€3,758 | -59.0% |
| Other amounts payable | 47/48 | €2,640 | - | -€2,640 | |
| Accrued charges and deferred income | 492/3 | €2,548 | - | -€2,548 | |
| Goods, raw materials, services and sundry goods | 60/61 | €191,997 | - | -€191,997 | |
| Remuneration, social security and pensions | 62 | €63,600 | €87,073 | +€23,474 | +36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,026 | €31,321 | +€21,295 | +212.4% |
| Other operating charges | 640/8 | €276 | €9,080 | +€8,804 | +3186.3% |
| Gross operating margin | 9900 | €149,627 | €253,679 | +€104,052 | +69.5% |
| Operating profit (loss) | 9901 | €75,725 | €126,205 | +€50,480 | +66.7% |
| Financial income | 75/76B | €1 | €251 | +€250 | +25033.0% |
| Recurring financial income | 75 | €1 | €251 | +€250 | +25033.0% |
| Financial charges | 65/66B | €732 | €8,093 | +€7,361 | +1005.6% |
| Recurring financial charges | 65 | €732 | €8,093 | +€7,361 | +1005.6% |
| Profit (loss) for the period before taxes | 9903 | €74,994 | €118,363 | +€43,369 | +57.8% |
| Income taxes | 67/77 | €15,848 | €26,347 | +€10,498 | +66.2% |
| Profit (loss) for the period | 9904 | €59,146 | €92,016 | +€32,871 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,146 | €92,016 | +€32,871 | +55.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.