SageFlow: 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.
SageFlow
Largest movements
- Cash +€196,690
up €196,690 (+371.1%), from €53,006 to €249,696
mainly Trade debts (+€238,026) and Accrued charges and deferred income (+€73,161)
- Receivables within one year +€145,285
up €145,285 (+110.1%), from €131,957 to €277,242
of which Trade receivables: +€76,497
- Trade debts +€238,026
up €238,026 (+34573.2%), from €688 to €238,715
- Accrued charges and deferred income +€73,161
up €73,161 (+7316.1%), from €1,000 to €74,161
- Reserves +€24,604
up €24,604 (+28.3%), from €87,028 to €111,632
of which Distributable reserves: +€24,604
- Tax, wage and social debts -€19,243
down €19,243 (-99.1%), from €19,408 to €166
- Other debts +€19,131
up €19,131, from €0 to €19,131
- Gross operating margin -€18,723
down €18,723 (-26.8%), from €69,785 to €51,062
- Taxes -€6,331
down €6,331 (-33.1%), from €19,121 to €12,790
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 | €186,125 | €528,005 | +€341,881 | +183.7% |
| Fixed assets | 21/28 | €285 | €285 | = | 0.0% |
| Financial fixed assets | 28 | €285 | €285 | = | 0.0% |
| Current assets | 29/58 | €185,840 | €527,720 | +€341,881 | +184.0% |
| Amounts receivable within one year | 40/41 | €131,957 | €277,242 | +€145,285 | +110.1% |
| Trade receivables | 40 | €128,385 | €204,882 | +€76,497 | +59.6% |
| Other amounts receivable | 41 | €3,572 | €72,360 | +€68,788 | +1925.5% |
| Cash at bank and in hand | 54/58 | €53,006 | €249,696 | +€196,690 | +371.1% |
| Deferred charges and accrued income | 490/1 | €877 | €782 | -€95 | -10.8% |
| Total equity and liabilities | 10/49 | €186,125 | €528,005 | +€341,881 | +183.7% |
| Equity | 10/15 | €99,428 | €130,232 | +€30,804 | +31.0% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €87,028 | €111,632 | +€24,604 | +28.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €8,425 | €8,425 | = | 0.0% |
| Distributable reserves | 133 | €78,604 | €103,208 | +€24,604 | +31.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €86,696 | €397,773 | +€311,076 | +358.8% |
| Amounts payable after more than one year | 17 | €65,600 | €65,600 | = | 0.0% |
| Financial debts | 170/4 | €65,600 | €65,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,096 | €258,012 | +€237,915 | +1183.9% |
| Trade debts | 44 | €688 | €238,715 | +€238,026 | +34573.2% |
| Suppliers | 440/4 | €688 | €238,715 | +€238,026 | +34573.2% |
| Taxes, remuneration and social security | 45 | €19,408 | €166 | -€19,243 | -99.1% |
| Taxes | 450/3 | €19,408 | €166 | -€19,243 | -99.1% |
| Other amounts payable | 47/48 | €0 | €19,131 | +€19,131 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €74,161 | +€73,161 | +7316.1% |
| Other operating charges | 640/8 | €649 | €465 | -€183 | -28.2% |
| Gross operating margin | 9900 | €69,785 | €51,062 | -€18,723 | -26.8% |
| Operating profit (loss) | 9901 | €69,136 | €50,596 | -€18,540 | -26.8% |
| Financial charges | 65/66B | €135 | €702 | +€567 | +419.8% |
| Recurring financial charges | 65 | €135 | €702 | +€567 | +419.8% |
| Profit (loss) for the period before taxes | 9903 | €69,001 | €49,894 | -€19,106 | -27.7% |
| Income taxes | 67/77 | €19,121 | €12,790 | -€6,331 | -33.1% |
| Profit (loss) for the period | 9904 | €49,879 | €37,104 | -€12,775 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,879 | €37,104 | -€12,775 | -25.6% |
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 9 October 2026 via checked.be.