SAGIDIS: what changed
What changed
SAGIDIS
NACE 46.425, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€13,763
2024 · -€8,109-€5,654
Equity
€161,060
2024 · €174,824-€13,763
Cash
€39,930
2024 · €47,263-€7,334
Balance sheet total
€222,362
2024 · €252,418-€30,056
Largest movements
Assets
- Stocks and contracts -€22,788
down €22,788 (-16.0%), from €142,743 to €119,955
- Cash -€7,334
down €7,334 (-15.5%), from €47,263 to €39,930
mainly Net result for the year (-€13,763) and Trade debts (-€11,447)
Equity and liabilities
- Profit (loss) carried forward -€13,763
down €13,763 (-19.7%), from €69,758 to €55,995
- Trade debts -€11,447
down €11,447 (-16.8%), from €68,178 to €56,731
- Tax, wage and social debts -€9,417
no longer reported in 2025 (was €9,417)
of which Taxes: -€4,792
- Short-term financial debts +€4,571
new in 2025: €4,571
Income statement
- Staff costs +€3,839
up €3,839 (+4.6%), from €83,720 to €87,559
- Taxes -€1,159
down €1,159 (-75.5%), from €1,536 to €377
- Gross operating margin -€1,128
down €1,128 (-1.3%), from €86,230 to €85,102
- Depreciation +€1,008
up €1,008 (+23.3%), from €4,329 to €5,337
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€8,109
Gross operating margin
-€1,128
Staff costs
-€3,839
Depreciation
-€1,008
Other operating charges
-€354
Other operating items
-€231
Financial income
+€38
Financial charges
-€290
Taxes
+€1,159
Result 2025
-€13,763
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€5,916
Investment
-€5,989
Financing
+€4,571
Cash 2024
€47,263
From operations (derived)
-€5,916
Net result for the year
-€13,763
Depreciation
+€5,337
Stocks and contracts
+€22,788
Receivables within one year
+€587
Trade debts
-€11,447
Tax, wage and social debts
-€9,417
Investment (derived)
-€5,989
Investment in fixed assets (net)
-€5,989
Financing
+€4,571
Short-term financial debts
+€4,571
Cash 2025
€39,930
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €252,418 | €222,362 | -€30,056 | -11.9% |
| Fixed assets | 21/28 | €30,767 | €31,419 | +€653 | +2.1% |
| Tangible fixed assets | 22/27 | €16,079 | €16,731 | +€653 | +4.1% |
| Plant, machinery and equipment | 23 | €463 | €822 | +€359 | +77.4% |
| Furniture and vehicles | 24 | €6,084 | €7,285 | +€1,200 | +19.7% |
| Other tangible fixed assets | 26 | €9,531 | €8,625 | -€907 | -9.5% |
| Financial fixed assets | 28 | €14,688 | €14,688 | = | 0.0% |
| Current assets | 29/58 | €221,652 | €190,943 | -€30,709 | -13.9% |
| Stocks and contracts in progress | 3 | €142,743 | €119,955 | -€22,788 | -16.0% |
| Stocks | 30/36 | €142,743 | €119,955 | -€22,788 | -16.0% |
| Amounts receivable within one year | 40/41 | €27,195 | €26,608 | -€587 | -2.2% |
| Other amounts receivable | 41 | €27,195 | €26,608 | -€587 | -2.2% |
| Cash at bank and in hand | 54/58 | €47,263 | €39,930 | -€7,334 | -15.5% |
| Deferred charges and accrued income | 490/1 | €4,451 | €4,451 | = | 0.0% |
| Total equity and liabilities | 10/49 | €252,418 | €222,362 | -€30,056 | -11.9% |
| Equity | 10/15 | €174,824 | €161,060 | -€13,763 | -7.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €5,065 | €5,065 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,615 | €3,615 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,615 | €3,615 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,450 | €1,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,758 | €55,995 | -€13,763 | -19.7% |
| Amounts payable | 17/49 | €77,595 | €61,302 | -€16,293 | -21.0% |
| Amounts payable within one year | 42/48 | €77,595 | €61,302 | -€16,293 | -21.0% |
| Financial debts | 43 | - | €4,571 | +€4,571 | |
| Credit institutions | 430/8 | - | €4,571 | +€4,571 | |
| Trade debts | 44 | €68,178 | €56,731 | -€11,447 | -16.8% |
| Suppliers | 440/4 | €68,178 | €56,731 | -€11,447 | -16.8% |
| Taxes, remuneration and social security | 45 | €9,417 | - | -€9,417 | |
| Taxes | 450/3 | €4,792 | - | -€4,792 | |
| Remuneration and social security | 454/9 | €4,625 | - | -€4,625 | |
| Remuneration, social security and pensions | 62 | €83,720 | €87,559 | +€3,839 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,329 | €5,337 | +€1,008 | +23.3% |
| Other operating charges | 640/8 | €1,171 | €1,525 | +€354 | +30.2% |
| Non-recurring operating charges | 66A | - | €231 | +€231 | |
| Gross operating margin | 9900 | €86,230 | €85,102 | -€1,128 | -1.3% |
| Operating profit (loss) | 9901 | -€2,989 | -€9,550 | -€6,561 | -219% |
| Financial income | 75/76B | €1 | €38 | +€38 | +7,522% |
| Recurring financial income | 75 | €1 | €38 | +€38 | +7,522% |
| Financial charges | 65/66B | €3,585 | €3,875 | +€290 | +8.1% |
| Recurring financial charges | 65 | €3,585 | €3,875 | +€290 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,573 | -€13,386 | -€6,813 | -104% |
| Income taxes | 67/77 | €1,536 | €377 | -€1,159 | -75.5% |
| Profit (loss) for the period | 9904 | -€8,109 | -€13,763 | -€5,654 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,109 | -€13,763 | -€5,654 | -69.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.