SA-GI CONSULTING: 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.
SA-GI CONSULTING
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€70,030
up €70,030 (+59.2%), from €118,291 to €188,321
mainly Net result for the year (+€152,307) and Current investments (+€100,000)
- Receivables within one year -€62,019
down €62,019 (-47.2%), from €131,449 to €69,430
of which Trade receivables: -€66,291
- Tangible fixed assets -€35,135
down €35,135 (-35.1%), from €100,057 to €64,922
- Other debts -€99,272
down €99,272 (-48.5%), from €204,668 to €105,396
- Trade debts -€71,231
down €71,231 (-73.9%), from €96,439 to €25,208
- Profit (loss) carried forward +€43,307
up €43,307 (+39.5%), from €109,737 to €153,044
- Gross operating margin +€8,416
up €8,416 (+2.9%), from €287,932 to €296,348
- Other operating charges +€5,769
up €5,769 (+257%), from €2,243 to €8,013
- Depreciation -€5,422
down €5,422 (-18.0%), from €30,123 to €24,701
- Financial income -€5,140
down €5,140 (-61.6%), from €8,340 to €3,200
- Taxes -€3,346
down €3,346 (-6.3%), from €53,171 to €49,826
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 | €450,722 | €323,721 | -€127,001 | -28.2% |
| Fixed assets | 21/28 | €100,412 | €65,278 | -€35,135 | -35.0% |
| Tangible fixed assets | 22/27 | €100,057 | €64,922 | -€35,135 | -35.1% |
| Furniture and vehicles | 24 | €100,057 | €64,922 | -€35,135 | -35.1% |
| Financial fixed assets | 28 | €355 | €355 | = | 0.0% |
| Current assets | 29/58 | €350,310 | €258,444 | -€91,866 | -26.2% |
| Amounts receivable within one year | 40/41 | €131,449 | €69,430 | -€62,019 | -47.2% |
| Trade receivables | 40 | €128,935 | €62,644 | -€66,291 | -51.4% |
| Other amounts receivable | 41 | €2,514 | €6,785 | +€4,271 | +170% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €118,291 | €188,321 | +€70,030 | +59.2% |
| Deferred charges and accrued income | 490/1 | €570 | €694 | +€124 | +21.7% |
| Total equity and liabilities | 10/49 | €450,722 | €323,721 | -€127,001 | -28.2% |
| Equity | 10/15 | €119,737 | €163,044 | +€43,307 | +36.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,737 | €153,044 | +€43,307 | +39.5% |
| Amounts payable | 17/49 | €330,985 | €160,677 | -€170,308 | -51.5% |
| Amounts payable within one year | 42/48 | €330,985 | €160,677 | -€170,308 | -51.5% |
| Trade debts | 44 | €96,439 | €25,208 | -€71,231 | -73.9% |
| Suppliers | 440/4 | €96,439 | €25,208 | -€71,231 | -73.9% |
| Taxes, remuneration and social security | 45 | €29,878 | €30,073 | +€195 | +0.7% |
| Taxes | 450/3 | €20,871 | €20,976 | +€105 | +0.5% |
| Remuneration and social security | 454/9 | €9,007 | €9,097 | +€90 | +1.0% |
| Other amounts payable | 47/48 | €204,668 | €105,396 | -€99,272 | -48.5% |
| Non-recurring operating income | 76A | - | €11,467 | +€11,467 | |
| Remuneration, social security and pensions | 62 | €63,521 | €63,561 | +€40 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,123 | €24,701 | -€5,422 | -18.0% |
| Other operating charges | 640/8 | €2,243 | €8,013 | +€5,769 | +257% |
| Gross operating margin | 9900 | €287,932 | €296,348 | +€8,416 | +2.9% |
| Operating profit (loss) | 9901 | €192,044 | €200,073 | +€8,029 | +4.2% |
| Financial income | 75/76B | €8,340 | €3,200 | -€5,140 | -61.6% |
| Recurring financial income | 75 | €8,340 | €3,200 | -€5,140 | -61.6% |
| Financial charges | 65/66B | €2,436 | €1,140 | -€1,296 | -53.2% |
| Recurring financial charges | 65 | €2,436 | €1,140 | -€1,296 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | €197,948 | €202,133 | +€4,185 | +2.1% |
| Income taxes | 67/77 | €53,171 | €49,826 | -€3,346 | -6.3% |
| Profit (loss) for the period | 9904 | €144,777 | €152,307 | +€7,531 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €144,777 | €152,307 | +€7,531 | +5.2% |
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.