SAGAFIL: 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.
SAGAFIL
Largest movements
- Financial fixed assets +€200,471
up €200,471 (+131.5%), from €152,463 to €352,934
- Tangible fixed assets +€67,947
up €67,947 (+29.5%), from €230,104 to €298,050
of which Land and buildings: +€94,451
- Intangible fixed assets +€64,179
up €64,179 (+188.7%), from €34,012 to €98,191
- Receivables within one year -€58,881
down €58,881 (-20.1%), from €292,268 to €233,387
of which Other amounts receivable: -€291,833
- Stocks and contracts +€10,285
up €10,285 (+54.0%), from €19,053 to €29,338
- Trade debts +€194,854
up €194,854 (+655.5%), from €29,726 to €224,580
- Other debts +€168,805
up €168,805 (+65.2%), from €258,835 to €427,639
- Profit (loss) carried forward -€128,419
down €128,419 (-72.2%), from €177,937 to €49,519
- Debts after one year +€24,562
up €24,562 (+14.8%), from €166,017 to €190,579
- Tax, wage and social debts +€19,452
up €19,452 (+105.1%), from €18,515 to €37,967
of which Taxes: +€14,108
- Financial income -€329,010
down €329,010 (-100.0%), from €329,138 to €128
of which Non-recurring financial income: -€329,138
- Financial charges -€89,089
down €89,089 (-86.0%), from €103,601 to €14,511
of which Non-recurring financial charges: -€84,585
- Staff costs +€24,566
up €24,566 (+24.5%), from €100,300 to €124,865
- Depreciation +€13,752
up €13,752 (+42.3%), from €32,474 to €46,226
- Gross operating margin +€6,204
up €6,204 (+9.2%), from €67,668 to €73,872
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €735,311 | €1,019,560 | +€284,250 | +38.7% |
| Fixed assets | 21/28 | €416,579 | €749,176 | +€332,597 | +79.8% |
| Intangible fixed assets | 21 | €34,012 | €98,191 | +€64,179 | +188.7% |
| Tangible fixed assets | 22/27 | €230,104 | €298,050 | +€67,947 | +29.5% |
| Land and buildings | 22 | €138,345 | €232,796 | +€94,451 | +68.3% |
| Plant, machinery and equipment | 23 | €31,376 | €23,826 | -€7,550 | -24.1% |
| Furniture and vehicles | 24 | €18,037 | €15,429 | -€2,609 | -14.5% |
| Leasing and similar rights | 25 | €11,346 | €0 | -€11,346 | -100.0% |
| Other tangible fixed assets | 26 | €31,000 | €26,000 | -€5,000 | -16.1% |
| Financial fixed assets | 28 | €152,463 | €352,934 | +€200,471 | +131.5% |
| Current assets | 29/58 | €318,731 | €270,384 | -€48,347 | -15.2% |
| Stocks and contracts in progress | 3 | €19,053 | €29,338 | +€10,285 | +54.0% |
| Stocks | 30/36 | €19,053 | €29,338 | +€10,285 | +54.0% |
| Amounts receivable within one year | 40/41 | €292,268 | €233,387 | -€58,881 | -20.1% |
| Trade receivables | 40 | €434 | €233,387 | +€232,953 | +53664.6% |
| Other amounts receivable | 41 | €291,833 | €0 | -€291,833 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,411 | €7,582 | +€170 | +2.3% |
| Deferred charges and accrued income | 490/1 | - | €78 | +€78 | |
| Total equity and liabilities | 10/49 | €735,311 | €1,019,560 | +€284,250 | +38.7% |
| Equity | 10/15 | €198,397 | €69,979 | -€128,419 | -64.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,937 | €49,519 | -€128,419 | -72.2% |
| Amounts payable | 17/49 | €536,913 | €949,582 | +€412,668 | +76.9% |
| Amounts payable after more than one year | 17 | €166,017 | €190,579 | +€24,562 | +14.8% |
| Financial debts | 170/4 | €166,017 | €190,579 | +€24,562 | +14.8% |
| Amounts payable within one year | 42/48 | €370,896 | €759,002 | +€388,107 | +104.6% |
| Current portion of amounts payable after more than one year | 42 | €33,903 | €35,149 | +€1,246 | +3.7% |
| Financial debts | 43 | €29,917 | €29,025 | -€892 | -3.0% |
| Credit institutions | 430/8 | €29,917 | €29,025 | -€892 | -3.0% |
| Trade debts | 44 | €29,726 | €224,580 | +€194,854 | +655.5% |
| Suppliers | 440/4 | €29,726 | €224,580 | +€194,854 | +655.5% |
| Advances received on contracts in progress | 46 | - | €4,642 | +€4,642 | |
| Taxes, remuneration and social security | 45 | €18,515 | €37,967 | +€19,452 | +105.1% |
| Taxes | 450/3 | €5,526 | €19,634 | +€14,108 | +255.3% |
| Remuneration and social security | 454/9 | €12,988 | €18,333 | +€5,345 | +41.2% |
| Other amounts payable | 47/48 | €258,835 | €427,639 | +€168,805 | +65.2% |
| Remuneration, social security and pensions | 62 | €100,300 | €124,865 | +€24,566 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,474 | €46,226 | +€13,752 | +42.3% |
| Other operating charges | 640/8 | €6,279 | €10,686 | +€4,407 | +70.2% |
| Non-recurring operating charges | 66A | €15,305 | €0 | -€15,305 | -100.0% |
| Gross operating margin | 9900 | €67,668 | €73,872 | +€6,204 | +9.2% |
| Operating profit (loss) | 9901 | -€86,690 | -€107,906 | -€21,216 | -24.5% |
| Financial income | 75/76B | €329,138 | €128 | -€329,010 | -100.0% |
| Recurring financial income | 75 | €0 | €128 | +€128 | +127910.0% |
| Non-recurring financial income | 76B | €329,138 | €0 | -€329,138 | -100.0% |
| Financial charges | 65/66B | €103,601 | €14,511 | -€89,089 | -86.0% |
| Recurring financial charges | 65 | €19,016 | €14,511 | -€4,505 | -23.7% |
| Non-recurring financial charges | 66B | €84,585 | €0 | -€84,585 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €138,848 | -€122,289 | -€261,137 | |
| Income taxes | 67/77 | €3,647 | €6,130 | +€2,482 | +68.1% |
| Profit (loss) for the period | 9904 | €135,201 | -€128,419 | -€263,620 | |
| Profit (loss) for the period to be appropriated | 9905 | €135,201 | -€128,419 | -€263,620 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.