SAGE: 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.
What changed
SAGE
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5.7m
2024 · €5.5m+€230,075
Equity
€5.1m
2024 · €4.9m+€207,948
Cash
€252,935
2024 · €0+€252,935
Balance sheet total
€17.6m
2024 · €17.6m-€4,198
Largest movements
Assets
- Cash +€252,935
up €252,935, from €0 to €252,935
mainly Net result for the year (+€5.7m) and Accrued charges and deferred income (+€282,352)
Equity and liabilities
- Tax, wage and social debts -€322,421
down €322,421 (-43.4%), from €742,800 to €420,379
of which Taxes: -€287,194
- Other debts -€300,000
down €300,000 (-5.2%), from €5.8m to €5.5m
- Accrued charges and deferred income +€282,352
up €282,352 (+5.3%), from €5.4m to €5.7m
- Profit (loss) carried forward +€207,947
up €207,947 (+51.1%), from €407,077 to €615,024
Income statement
- Turnover +€1.4m
up €1.4m (+9.7%), from €14.4m to €15.7m
- Services and other goods +€503,386
up €503,386 (+25.8%), from €1.9m to €2.5m
- Goods and materials +€423,872
up €423,872 (+10.8%), from €3.9m to €4.4m
- Financial income -€264,759
down €264,759 (-29.5%), from €896,931 to €632,172
- Other operating income +€184,868
up €184,868 (+1014.9%), from €18,215 to €203,083
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.
Result 2024
€5.5m
Turnover
+€1.4m
Other operating income
+€184,868
Goods and materials
-€423,872
Services and other goods
-€503,386
Staff costs
-€90,714
Depreciation
+€10,477
Write-downs
-€125,465
Provisions
-€33,630
Other operating charges
+€149,484
Other operating items
+€2
Financial income
-€264,759
Financial charges
-€1,719
Other financial items
-€1
Taxes
-€62,060
Result 2025
€5.7m
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.
From operations
+€5.8m
Investment
-€1,048
Financing
-€5.5m
Cash 2024
€0
From operations (derived)
+€5.8m
Net result for the year
+€5.7m
Depreciation
+€102,861
Receivables within one year
+€97,111
Deferred charges and accrued income
+€58,208
Trade debts
+€127,925
Tax, wage and social debts
-€322,421
Other debts
-€300,000
Accrued charges and deferred income
+€282,352
Investment (derived)
-€1,048
Investment in fixed assets (net)
-€1,048
Financing
-€5.5m
Contributions, distributions and other
-€5.5m
Cash 2025
€252,935
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,581,323 | €17,577,125 | -€4,198 | 0.0% |
| Fixed assets | 21/28 | €111,257 | €9,444 | -€101,813 | -91.5% |
| Intangible fixed assets | 21 | €102,861 | - | -€102,861 | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €8,396 | €9,444 | +€1,048 | +12.5% |
| Other financial fixed assets | 284/8 | €8,396 | €9,444 | +€1,048 | +12.5% |
| Amounts receivable and cash guarantees | 285/8 | €8,396 | €9,444 | +€1,048 | +12.5% |
| Current assets | 29/58 | €17,470,066 | €17,567,681 | +€97,615 | +0.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €17,411,858 | €17,314,747 | -€97,111 | -0.6% |
| Trade receivables | 40 | €2,394,318 | €2,848,149 | +€453,831 | +19.0% |
| Other amounts receivable | 41 | €15,017,540 | €14,466,598 | -€550,942 | -3.7% |
| Cash at bank and in hand | 54/58 | €0 | €252,935 | +€252,935 | |
| Deferred charges and accrued income | 490/1 | €58,208 | €0 | -€58,208 | -100.0% |
| Total equity and liabilities | 10/49 | €17,581,323 | €17,577,125 | -€4,198 | 0.0% |
| Equity | 10/15 | €4,883,258 | €5,091,206 | +€207,948 | +4.3% |
| Contributions | 10/11 | €4,052,064 | €4,052,064 | +€0 | 0.0% |
| Capital | 10 | €4,052,064 | €4,052,064 | +€0 | 0.0% |
| Issued capital | 100 | €4,052,064 | €4,052,064 | +€0 | 0.0% |
| Reserves | 13 | €424,118 | €424,118 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €405,206 | €405,206 | -€0 | 0.0% |
| Legal reserve | 130 | €405,206 | €405,206 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €18,911 | €18,911 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €407,077 | €615,024 | +€207,947 | +51.1% |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Other liabilities and charges | 164/5 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,698,064 | €12,485,920 | -€212,144 | -1.7% |
| Amounts payable within one year | 42/48 | €7,325,454 | €6,830,958 | -€494,496 | -6.8% |
| Trade debts | 44 | €782,654 | €910,579 | +€127,925 | +16.3% |
| Suppliers | 440/4 | €782,654 | €910,579 | +€127,925 | +16.3% |
| Taxes, remuneration and social security | 45 | €742,800 | €420,379 | -€322,421 | -43.4% |
| Taxes | 450/3 | €393,715 | €106,521 | -€287,194 | -72.9% |
| Remuneration and social security | 454/9 | €349,085 | €313,858 | -€35,227 | -10.1% |
| Other amounts payable | 47/48 | €5,800,000 | €5,500,000 | -€300,000 | -5.2% |
| Accrued charges and deferred income | 492/3 | €5,372,610 | €5,654,962 | +€282,352 | +5.3% |
| Operating income | 70/76A | €14,370,043 | €15,945,762 | +€1.6m | +11.0% |
| Turnover | 70 | €14,351,828 | €15,742,678 | +€1.4m | +9.7% |
| Other operating income | 74 | €18,215 | €203,083 | +€184,868 | +1014.9% |
| Operating charges | 60/66A | €7,879,318 | €8,896,423 | +€1.0m | +12.9% |
| Goods for resale, raw materials and consumables | 60 | €3,933,357 | €4,357,229 | +€423,872 | +10.8% |
| Purchases | 600/8 | €3,933,357 | €4,357,229 | +€423,872 | +10.8% |
| Services and other goods | 61 | €1,949,322 | €2,452,708 | +€503,386 | +25.8% |
| Remuneration, social security and pensions | 62 | €1,895,190 | €1,985,904 | +€90,714 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,338 | €102,861 | -€10,477 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€162,697 | -€37,232 | +€125,465 | +77.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€33,630 | - | +€33,630 | |
| Other operating charges | 640/8 | €184,438 | €34,954 | -€149,484 | -81.0% |
| Operating profit (loss) | 9901 | €6,490,725 | €7,049,339 | +€558,614 | +8.6% |
| Financial income | 75/76B | €896,931 | €632,172 | -€264,759 | -29.5% |
| Recurring financial income | 75 | €896,931 | €632,172 | -€264,759 | -29.5% |
| Income from current assets | 751 | €896,555 | €632,172 | -€264,383 | -29.5% |
| Other financial income | 752/9 | €376 | €0 | -€376 | -100.0% |
| Financial charges | 65/66B | €33,632 | €35,351 | +€1,719 | +5.1% |
| Recurring financial charges | 65 | €33,632 | €35,351 | +€1,719 | +5.1% |
| Debt charges | 650 | €16,478 | €19,157 | +€2,679 | +16.3% |
| Other financial charges | 652/9 | €17,154 | €16,194 | -€960 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €7,354,024 | €7,646,159 | +€292,135 | +4.0% |
| Income taxes | 67/77 | €1,876,152 | €1,938,212 | +€62,060 | +3.3% |
| Taxes | 670/3 | €1,876,152 | €1,945,381 | +€69,229 | +3.7% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €7,169 | +€7,169 | |
| Profit (loss) for the period | 9904 | €5,477,872 | €5,707,947 | +€230,075 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,477,872 | €5,707,947 | +€230,075 | +4.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.