SAGACIMMO: 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.
SAGACIMMO
Largest movements
- Tangible fixed assets -€4,125
down €4,125 (-2.5%), from €165,812 to €161,686
- Other debts +€19,400
up €19,400 (+17.8%), from €108,786 to €128,186
- Profit (loss) carried forward -€12,042
down €12,042 (-16.6%), from -€72,328 to -€84,371
- Debts after one year -€10,231
down €10,231 (-8.7%), from €117,845 to €107,614
- Other operating charges +€1,447
up €1,447 (+91.9%), from €1,574 to €3,021
- Gross operating margin +€514
up €514 (+24.5%), from -€2,101 to -€1,587
- Financial charges -€479
down €479 (-12.6%), from €3,787 to €3,309
- Depreciation -€224
down €224 (-5.2%), from €4,350 to €4,125
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 | €167,627 | €164,730 | -€2,897 | -1.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €165,812 | €161,686 | -€4,125 | -2.5% |
| Tangible fixed assets | 22/27 | €165,812 | €161,686 | -€4,125 | -2.5% |
| Land and buildings | 22 | €165,812 | €161,686 | -€4,125 | -2.5% |
| Current assets | 29/58 | €1,816 | €3,044 | +€1,228 | +67.7% |
| Cash at bank and in hand | 54/58 | €1,816 | €3,044 | +€1,228 | +67.7% |
| Total equity and liabilities | 10/49 | €167,627 | €164,730 | -€2,897 | -1.7% |
| Equity | 10/15 | -€70,928 | -€82,971 | -€12,042 | -17.0% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,328 | -€84,371 | -€12,042 | -16.6% |
| Amounts payable | 17/49 | €238,555 | €247,701 | +€9,146 | +3.8% |
| Amounts payable after more than one year | 17 | €117,845 | €107,614 | -€10,231 | -8.7% |
| Financial debts | 170/4 | €117,845 | €107,614 | -€10,231 | -8.7% |
| Amounts payable within one year | 42/48 | €119,643 | €139,020 | +€19,377 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,231 | +€230 | +2.3% |
| Financial debts | 43 | €25 | €0 | -€25 | -100.0% |
| Credit institutions | 430/8 | €25 | €0 | -€25 | -100.0% |
| Trade debts | 44 | €832 | €603 | -€229 | -27.5% |
| Suppliers | 440/4 | €832 | €603 | -€229 | -27.5% |
| Other amounts payable | 47/48 | €108,786 | €128,186 | +€19,400 | +17.8% |
| Accrued charges and deferred income | 492/3 | €1,068 | €1,068 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,350 | €4,125 | -€224 | -5.2% |
| Other operating charges | 640/8 | €1,574 | €3,021 | +€1,447 | +91.9% |
| Gross operating margin | 9900 | -€2,101 | -€1,587 | +€514 | +24.5% |
| Operating profit (loss) | 9901 | -€8,025 | -€8,734 | -€709 | -8.8% |
| Financial charges | 65/66B | €3,787 | €3,309 | -€479 | -12.6% |
| Recurring financial charges | 65 | €3,787 | €3,309 | -€479 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,812 | -€12,042 | -€230 | -2.0% |
| Profit (loss) for the period | 9904 | -€11,812 | -€12,042 | -€230 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,812 | -€12,042 | -€230 | -2.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.