SAGIR: 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.
SAGIR
Largest movements
- Cash +€5,247
up €5,247 (+66.3%), from €7,920 to €13,167
mainly Net result for the year (+€5,018) and Trade debts (+€1,154)
- Tangible fixed assets -€977
down €977 (-31.0%), from €3,155 to €2,178
- Profit (loss) carried forward +€5,018
up €5,018 (+50.0%), from -€10,041 to -€5,023
- Tax, wage and social debts -€1,202
down €1,202 (-63.3%), from €1,898 to €696
- Trade debts +€1,154
up €1,154 (+109.0%), from €1,059 to €2,213
- Other debts -€855
down €855 (-7.2%), from €11,856 to €11,001
- Gross operating margin +€53,511
up €53,511 (+428.0%), from €12,502 to €66,013
- Staff costs +€40,986
up €40,986 (+466.5%), from €8,786 to €49,772
- Other operating charges +€2,575
up €2,575 (+14.7%), from €17,504 to €20,079
- Financial income +€1,833
up €1,833 (+22.9%), from €8,000 to €9,833
of which Financial income: +€1,833
- Depreciation -€1,097
down €1,097 (-52.9%), from €2,074 to €977
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,860 | €15,975 | +€4,115 | +34.7% |
| Fixed assets | 21/28 | €3,155 | €2,178 | -€977 | -31.0% |
| Tangible fixed assets | 22/27 | €3,155 | €2,178 | -€977 | -31.0% |
| Furniture and vehicles | 24 | €3,155 | €2,178 | -€977 | -31.0% |
| Current assets | 29/58 | €8,705 | €13,797 | +€5,092 | +58.5% |
| Stocks and contracts in progress | 3 | €785 | €630 | -€155 | -19.7% |
| Stocks | 30/36 | €785 | €630 | -€155 | -19.7% |
| Cash at bank and in hand | 54/58 | €7,920 | €13,167 | +€5,247 | +66.3% |
| Total equity and liabilities | 10/49 | €11,860 | €15,975 | +€4,115 | +34.7% |
| Equity | 10/15 | -€2,953 | €2,065 | +€5,018 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €888 | €888 | = | 0.0% |
| Non-distributable reserves | 130/1 | €888 | €888 | = | 0.0% |
| Reserves not available under the articles | 1311 | €888 | €888 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,041 | -€5,023 | +€5,018 | +50.0% |
| Amounts payable | 17/49 | €14,813 | €13,910 | -€903 | -6.1% |
| Amounts payable within one year | 42/48 | €14,813 | €13,910 | -€903 | -6.1% |
| Trade debts | 44 | €1,059 | €2,213 | +€1,154 | +109.0% |
| Suppliers | 440/4 | €1,059 | €2,213 | +€1,154 | +109.0% |
| Taxes, remuneration and social security | 45 | €1,898 | €696 | -€1,202 | -63.3% |
| Remuneration and social security | 454/9 | €1,898 | €696 | -€1,202 | -63.3% |
| Other amounts payable | 47/48 | €11,856 | €11,001 | -€855 | -7.2% |
| Remuneration, social security and pensions | 62 | €8,786 | €49,772 | +€40,986 | +466.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,074 | €977 | -€1,097 | -52.9% |
| Other operating charges | 640/8 | €17,504 | €20,079 | +€2,575 | +14.7% |
| Gross operating margin | 9900 | €12,502 | €66,013 | +€53,511 | +428.0% |
| Operating profit (loss) | 9901 | -€15,862 | -€4,815 | +€11,047 | +69.6% |
| Financial income | 75/76B | €8,000 | €9,833 | +€1,833 | +22.9% |
| Recurring financial income | 75 | €8,000 | €9,833 | +€1,833 | +22.9% |
| Non-recurring financial income | 76B | €8,000 | €9,833 | +€1,833 | +22.9% |
| Financial charges | 65/66B | €826 | - | -€826 | |
| Recurring financial charges | 65 | €826 | - | -€826 | |
| Profit (loss) for the period before taxes | 9903 | -€8,688 | €5,018 | +€13,706 | |
| Profit (loss) for the period | 9904 | -€8,688 | €5,018 | +€13,706 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,688 | €5,018 | +€13,706 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.