Sagenex: 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.
Sagenex
Largest movements
- Cash -€4,236
down €4,236 (-9.9%), from €42,591 to €38,355
mainly Other debts (-€20,000) and Trade debts (-€7,058)
- Receivables within one year -€1,978
down €1,978 (-5.3%), from €37,220 to €35,241
of which Other amounts receivable: -€3,976
- Other debts -€20,000
down €20,000 (-40.0%), from €50,000 to €30,000
- Profit (loss) carried forward +€13,637
up €13,637, from -€5,476 to €8,161
- Tax, wage and social debts +€7,431
up €7,431 (+37.5%), from €19,829 to €27,259
of which Taxes: +€5,355
- Trade debts -€7,058
down €7,058 (-76.2%), from €9,260 to €2,202
- Staff costs -€25,584
down €25,584 (-26.4%), from €96,730 to €71,146
- Taxes +€7,293
up €7,293 (+1,347%), from €541 to €7,835
- Gross operating margin -€4,388
down €4,388 (-4.5%), from €97,531 to €93,143
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
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 | €79,811 | €73,820 | -€5,990 | -7.5% |
| Current assets | 29/58 | €79,811 | €73,820 | -€5,990 | -7.5% |
| Amounts receivable within one year | 40/41 | €37,220 | €35,241 | -€1,978 | -5.3% |
| Trade receivables | 40 | €27,122 | €29,120 | +€1,998 | +7.4% |
| Other amounts receivable | 41 | €10,098 | €6,121 | -€3,976 | -39.4% |
| Cash at bank and in hand | 54/58 | €42,591 | €38,355 | -€4,236 | -9.9% |
| Deferred charges and accrued income | 490/1 | - | €224 | +€224 | |
| Total equity and liabilities | 10/49 | €79,811 | €73,820 | -€5,990 | -7.5% |
| Equity | 10/15 | €721 | €14,359 | +€13,637 | +1,891% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Other | 1109/19 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,476 | €8,161 | +€13,637 | |
| Amounts payable | 17/49 | €79,089 | €59,462 | -€19,628 | -24.8% |
| Amounts payable within one year | 42/48 | €79,089 | €59,462 | -€19,628 | -24.8% |
| Trade debts | 44 | €9,260 | €2,202 | -€7,058 | -76.2% |
| Suppliers | 440/4 | €9,260 | €2,202 | -€7,058 | -76.2% |
| Taxes, remuneration and social security | 45 | €19,829 | €27,259 | +€7,431 | +37.5% |
| Taxes | 450/3 | €9,526 | €14,881 | +€5,355 | +56.2% |
| Remuneration and social security | 454/9 | €10,303 | €12,379 | +€2,076 | +20.1% |
| Other amounts payable | 47/48 | €50,000 | €30,000 | -€20,000 | -40.0% |
| Remuneration, social security and pensions | 62 | €96,730 | €71,146 | -€25,584 | -26.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €97,531 | €93,143 | -€4,388 | -4.5% |
| Operating profit (loss) | 9901 | €414 | €21,598 | +€21,184 | +5,120% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €144 | €126 | -€18 | -12.6% |
| Recurring financial charges | 65 | €144 | €126 | -€18 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €270 | €21,472 | +€21,202 | +7,842% |
| Income taxes | 67/77 | €541 | €7,835 | +€7,293 | +1,347% |
| Profit (loss) for the period | 9904 | -€271 | €13,637 | +€13,908 | |
| Profit (loss) for the period to be appropriated | 9905 | -€271 | €13,637 | +€13,908 |
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 13 October 2026 via checked.be.