SAGARY: 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.
SAGARY
Largest movements
- Receivables within one year -€14,207
down €14,207 (-8.2%), from €173,377 to €159,170
of which Other amounts receivable: -€15,745
- Tangible fixed assets -€6,914
down €6,914 (-2.7%), from €258,426 to €251,512
- Tax, wage and social debts +€162,413
up €162,413 (+258%), from €62,957 to €225,371
- Other debts -€83,652
down €83,652 (-79.3%), from €105,506 to €21,854
- Accrued charges and deferred income -€52,668
no longer reported in 2025 (was €52,668)
- Profit (loss) carried forward -€29,619
down €29,619 (-302%), from -€9,816 to -€39,434
- Trade debts -€17,660
down €17,660 (-7.0%), from €252,270 to €234,610
- Taxes +€186,377
up €186,377 (+158,700%), from €117 to €186,495
- Gross operating margin +€68,824
up €68,824 (+114%), from €60,134 to €128,958
- Financial income +€56,247
new in 2025: €56,247
of which Financial income: +€56,247
- Depreciation -€12,785
down €12,785 (-35.4%), from €36,072 to €23,287
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €554,560 | €533,374 | -€21,186 | -3.8% |
| Fixed assets | 21/28 | €381,118 | €374,204 | -€6,914 | -1.8% |
| Tangible fixed assets | 22/27 | €258,426 | €251,512 | -€6,914 | -2.7% |
| Land and buildings | 22 | €175,221 | €172,209 | -€3,012 | -1.7% |
| Plant, machinery and equipment | 23 | €25,174 | €24,409 | -€764 | -3.0% |
| Furniture and vehicles | 24 | €58,031 | €54,894 | -€3,137 | -5.4% |
| Financial fixed assets | 28 | €122,692 | €122,692 | = | 0.0% |
| Current assets | 29/58 | €173,442 | €159,170 | -€14,272 | -8.2% |
| Amounts receivable within one year | 40/41 | €173,377 | €159,170 | -€14,207 | -8.2% |
| Trade receivables | 40 | €157,632 | €159,170 | +€1,538 | +1.0% |
| Other amounts receivable | 41 | €15,745 | - | -€15,745 | |
| Deferred charges and accrued income | 490/1 | €65 | - | -€65 | |
| Total equity and liabilities | 10/49 | €554,560 | €533,374 | -€21,186 | -3.8% |
| Equity | 10/15 | €81,158 | €51,539 | -€29,619 | -36.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €29,000 | €29,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €22,803 | €22,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,816 | -€39,434 | -€29,619 | -302% |
| Amounts payable | 17/49 | €473,402 | €481,835 | +€8,433 | +1.8% |
| Amounts payable within one year | 42/48 | €420,734 | €481,835 | +€61,101 | +14.5% |
| Trade debts | 44 | €252,270 | €234,610 | -€17,660 | -7.0% |
| Suppliers | 440/4 | €252,270 | €234,610 | -€17,660 | -7.0% |
| Taxes, remuneration and social security | 45 | €62,957 | €225,371 | +€162,413 | +258% |
| Taxes | 450/3 | €62,957 | €225,371 | +€162,413 | +258% |
| Other amounts payable | 47/48 | €105,506 | €21,854 | -€83,652 | -79.3% |
| Accrued charges and deferred income | 492/3 | €52,668 | - | -€52,668 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,072 | €23,287 | -€12,785 | -35.4% |
| Other operating charges | 640/8 | €4,187 | €4,490 | +€303 | +7.2% |
| Gross operating margin | 9900 | €60,134 | €128,958 | +€68,824 | +114% |
| Operating profit (loss) | 9901 | €19,875 | €101,181 | +€81,306 | +409% |
| Financial income | 75/76B | - | €56,247 | +€56,247 | |
| Recurring financial income | 75 | - | €56,247 | +€56,247 | |
| Non-recurring financial income | 76B | - | €56,247 | +€56,247 | |
| Financial charges | 65/66B | €336 | €552 | +€216 | +64.3% |
| Recurring financial charges | 65 | €336 | €552 | +€216 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €19,539 | €156,876 | +€137,337 | +703% |
| Income taxes | 67/77 | €117 | €186,495 | +€186,377 | +158,700% |
| Profit (loss) for the period | 9904 | €19,422 | -€29,619 | -€49,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,422 | -€29,619 | -€49,040 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.