ANGELO SAGLIME: 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.
ANGELO SAGLIME
Largest movements
- Cash -€24,646
down €24,646 (-51.9%), from €47,460 to €22,813
mainly Net result for the year (-€13,748) and Receivables within one year (-€6,072)
- Receivables within one year +€6,072
up €6,072 (+2,848%), from €213 to €6,285
- Stocks and contracts -€1,900
down €1,900 (-12.5%), from €15,200 to €13,300
- Deferred charges and accrued income +€818
new in 2025: €818
- Reserves -€13,748
down €13,748 (-36.4%), from €37,785 to €24,036
of which Distributable reserves: -€13,748
- Other debts -€5,330
no longer reported in 2025 (was €5,330)
- Turnover -€64,968
down €64,968 (-67.6%), from €96,129 to €31,161
- Purchases and services -€48,627
down €48,627 (-52.3%), from €92,898 to €44,271
- Gross operating margin -€16,341
down €16,341, from €3,231 to -€13,110
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 | €62,873 | €43,217 | -€19,656 | -31.3% |
| Current assets | 29/58 | €62,873 | €43,217 | -€19,656 | -31.3% |
| Stocks and contracts in progress | 3 | €15,200 | €13,300 | -€1,900 | -12.5% |
| Stocks | 30/36 | €15,200 | €13,300 | -€1,900 | -12.5% |
| Amounts receivable within one year | 40/41 | €213 | €6,285 | +€6,072 | +2,848% |
| Other amounts receivable | 41 | €213 | €6,285 | +€6,072 | +2,848% |
| Cash at bank and in hand | 54/58 | €47,460 | €22,813 | -€24,646 | -51.9% |
| Deferred charges and accrued income | 490/1 | - | €818 | +€818 | |
| Total equity and liabilities | 10/49 | €62,873 | €43,217 | -€19,656 | -31.3% |
| Equity | 10/15 | €56,385 | €42,636 | -€13,748 | -24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,785 | €24,036 | -€13,748 | -36.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,925 | €22,176 | -€13,748 | -38.3% |
| Amounts payable | 17/49 | €6,489 | €581 | -€5,908 | -91.1% |
| Amounts payable within one year | 42/48 | €6,489 | €581 | -€5,908 | -91.1% |
| Trade debts | 44 | €548 | €454 | -€94 | -17.1% |
| Suppliers | 440/4 | €548 | €454 | -€94 | -17.1% |
| Taxes, remuneration and social security | 45 | €610 | €126 | -€484 | -79.3% |
| Taxes | 450/3 | €610 | €126 | -€484 | -79.3% |
| Other amounts payable | 47/48 | €5,330 | - | -€5,330 | |
| Turnover | 70 | €96,129 | €31,161 | -€64,968 | -67.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €92,898 | €44,271 | -€48,627 | -52.3% |
| Other operating charges | 640/8 | €528 | €539 | +€11 | +2.0% |
| Gross operating margin | 9900 | €3,231 | -€13,110 | -€16,341 | |
| Operating profit (loss) | 9901 | €2,703 | -€13,650 | -€16,352 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.7% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.7% |
| Financial charges | 65/66B | €106 | €99 | -€7 | -6.9% |
| Recurring financial charges | 65 | €106 | €99 | -€7 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €2,600 | -€13,748 | -€16,348 | |
| Income taxes | 67/77 | €610 | - | -€610 | |
| Profit (loss) for the period | 9904 | €1,989 | -€13,748 | -€15,738 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,989 | -€13,748 | -€15,738 |
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 16 October 2026 via checked.be.