SA NETWORK 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 NETWORK CONSULTING
Largest movements
- Tangible fixed assets +€262,188
up €262,188 (+56.9%), from €460,501 to €722,689
of which Land and buildings: +€288,408
- Cash -€93,649
down €93,649 (-63.3%), from €147,829 to €54,181
mainly Investment in fixed assets (net) (-€327,916) and Other debts (-€99,003)
- Receivables within one year -€27,784
down €27,784 (-62.0%), from €44,836 to €17,052
of which Other amounts receivable: -€29,303
- Debts after one year +€205,631
up €205,631 (+100.0%), from €205,678 to €411,308
- Other debts -€99,003
down €99,003 (-100%), from €99,003 to €0
- Reserves +€17,721
up €17,721 (+6.3%), from €281,860 to €299,582
- Current portion of long-term debt +€15,675
up €15,675 (+32.9%), from €47,706 to €63,381
- Other operating charges +€33,188
up €33,188 (+1,052%), from €3,155 to €36,343
- Gross operating margin -€27,192
down €27,192 (-15.8%), from €171,644 to €144,452
- Taxes -€15,924
down €15,924 (-52.7%), from €30,214 to €14,290
- Depreciation +€10,107
up €10,107 (+18.2%), from €55,621 to €65,728
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 | €654,136 | €794,222 | +€140,086 | +21.4% |
| Fixed assets | 21/28 | €460,801 | €722,989 | +€262,188 | +56.9% |
| Tangible fixed assets | 22/27 | €460,501 | €722,689 | +€262,188 | +56.9% |
| Land and buildings | 22 | €394,142 | €682,550 | +€288,408 | +73.2% |
| Plant, machinery and equipment | 23 | €538 | €426 | -€112 | -20.8% |
| Furniture and vehicles | 24 | €28,454 | €9,112 | -€19,342 | -68.0% |
| Other tangible fixed assets | 26 | €37,367 | €30,600 | -€6,766 | -18.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €193,335 | €71,233 | -€122,102 | -63.2% |
| Amounts receivable within one year | 40/41 | €44,836 | €17,052 | -€27,784 | -62.0% |
| Trade receivables | 40 | €12,778 | €14,297 | +€1,519 | +11.9% |
| Other amounts receivable | 41 | €32,058 | €2,755 | -€29,303 | -91.4% |
| Cash at bank and in hand | 54/58 | €147,829 | €54,181 | -€93,649 | -63.3% |
| Deferred charges and accrued income | 490/1 | €669 | €0 | -€669 | -100% |
| Total equity and liabilities | 10/49 | €654,136 | €794,222 | +€140,086 | +21.4% |
| Equity | 10/15 | €288,060 | €305,782 | +€17,721 | +6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €281,860 | €299,582 | +€17,721 | +6.3% |
| Distributable reserves | 133 | €281,860 | €299,582 | +€17,721 | +6.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €366,075 | €488,440 | +€122,365 | +33.4% |
| Amounts payable after more than one year | 17 | €205,678 | €411,308 | +€205,631 | +100.0% |
| Financial debts | 170/4 | €205,678 | €411,308 | +€205,631 | +100.0% |
| Amounts payable within one year | 42/48 | €160,398 | €77,034 | -€83,364 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €47,706 | €63,381 | +€15,675 | +32.9% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €13,689 | €13,653 | -€36 | -0.3% |
| Taxes | 450/3 | €13,689 | €13,653 | -€36 | -0.3% |
| Other amounts payable | 47/48 | €99,003 | €0 | -€99,003 | -100% |
| Accrued charges and deferred income | 492/3 | - | €98 | +€98 | |
| Non-recurring operating income | 76A | €95,633 | €0 | -€95,633 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,621 | €65,728 | +€10,107 | +18.2% |
| Other operating charges | 640/8 | €3,155 | €36,343 | +€33,188 | +1,052% |
| Gross operating margin | 9900 | €171,644 | €144,452 | -€27,192 | -15.8% |
| Operating profit (loss) | 9901 | €112,868 | €42,381 | -€70,487 | -62.5% |
| Financial income | 75/76B | €1,150 | €717 | -€433 | -37.7% |
| Recurring financial income | 75 | €1,150 | €717 | -€433 | -37.7% |
| Financial charges | 65/66B | €12,006 | €11,086 | -€920 | -7.7% |
| Recurring financial charges | 65 | €12,006 | €11,086 | -€920 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €102,012 | €32,011 | -€70,000 | -68.6% |
| Income taxes | 67/77 | €30,214 | €14,290 | -€15,924 | -52.7% |
| Profit (loss) for the period | 9904 | €71,797 | €17,721 | -€54,076 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,797 | €17,721 | -€54,076 | -75.3% |
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 19 October 2026 via checked.be.