sa.global Group Services: 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.global Group Services
Largest movements
- Receivables after one year +€2.5m
up €2.5m (+277.2%), from €906,241 to €3.4m
- Receivables within one year +€1.6m
up €1.6m (+19.3%), from €8.1m to €9.7m
of which Trade receivables: +€1.5m
- Trade debts +€2.7m
up €2.7m (+38.3%), from €7.1m to €9.8m
- Debts after one year +€897,850
up €897,850 (+75.2%), from €1.2m to €2.1m
- Short-term financial debts +€850,302
new in 2025: €850,302
- Profit (loss) carried forward -€359,076
down €359,076 (-66.5%), from €540,149 to €181,074
- Financial charges +€448,799
up €448,799 (+976.1%), from €45,979 to €494,778
- Gross operating margin -€246,139
down €246,139 (-62.7%), from €392,832 to €146,692
- Financial income -€170,776
down €170,776 (-100.0%), from €170,776 to €0
- Taxes -€125,948
down €125,948 (-100.0%), from €125,948 to €0
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 | €9,123,310 | €13,196,762 | +€4.1m | +44.6% |
| Current assets | 29/58 | €9,123,310 | €13,196,762 | +€4.1m | +44.6% |
| Amounts receivable after more than one year | 29 | €906,241 | €3,418,163 | +€2.5m | +277.2% |
| Other amounts receivable | 291 | €906,241 | €3,418,163 | +€2.5m | +277.2% |
| Amounts receivable within one year | 40/41 | €8,093,805 | €9,653,140 | +€1.6m | +19.3% |
| Trade receivables | 40 | €6,896,612 | €8,388,576 | +€1.5m | +21.6% |
| Other amounts receivable | 41 | €1,197,193 | €1,264,563 | +€67,370 | +5.6% |
| Cash at bank and in hand | 54/58 | €111,539 | €67,583 | -€43,955 | -39.4% |
| Deferred charges and accrued income | 490/1 | €11,726 | €57,875 | +€46,150 | +393.6% |
| Total equity and liabilities | 10/49 | €9,123,310 | €13,196,762 | +€4.1m | +44.6% |
| Equity | 10/15 | €545,149 | €186,074 | -€359,076 | -65.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €540,149 | €181,074 | -€359,076 | -66.5% |
| Amounts payable | 17/49 | €8,578,160 | €13,010,688 | +€4.4m | +51.7% |
| Amounts payable after more than one year | 17 | €1,193,326 | €2,091,176 | +€897,850 | +75.2% |
| Other amounts payable | 178/9 | €1,193,326 | €2,091,176 | +€897,850 | +75.2% |
| Amounts payable within one year | 42/48 | €7,384,834 | €10,919,511 | +€3.5m | +47.9% |
| Financial debts | 43 | - | €850,302 | +€850,302 | |
| Credit institutions | 430/8 | - | €850,302 | +€850,302 | |
| Trade debts | 44 | €7,058,668 | €9,762,657 | +€2.7m | +38.3% |
| Suppliers | 440/4 | €7,058,668 | €9,762,657 | +€2.7m | +38.3% |
| Advances received on contracts in progress | 46 | €20,250 | €98,151 | +€77,901 | +384.7% |
| Taxes, remuneration and social security | 45 | €185,948 | €125,948 | -€60,000 | -32.3% |
| Taxes | 450/3 | €185,948 | €125,948 | -€60,000 | -32.3% |
| Other amounts payable | 47/48 | €119,969 | €82,453 | -€37,516 | -31.3% |
| Other operating charges | 640/8 | €13,848 | €10,990 | -€2,858 | -20.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €392,832 | €146,692 | -€246,139 | -62.7% |
| Operating profit (loss) | 9901 | €378,984 | €135,703 | -€243,281 | -64.2% |
| Financial income | 75/76B | €170,776 | €0 | -€170,776 | -100.0% |
| Recurring financial income | 75 | €170,776 | €0 | -€170,776 | -100.0% |
| Financial charges | 65/66B | €45,979 | €494,778 | +€448,799 | +976.1% |
| Recurring financial charges | 65 | €45,979 | €494,778 | +€448,799 | +976.1% |
| Profit (loss) for the period before taxes | 9903 | €503,781 | -€359,076 | -€862,857 | |
| Income taxes | 67/77 | €125,948 | €0 | -€125,948 | -100.0% |
| Profit (loss) for the period | 9904 | €377,834 | -€359,076 | -€736,909 | |
| Profit (loss) for the period to be appropriated | 9905 | €377,834 | -€359,076 | -€736,909 |
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 11 October 2026 via checked.be.