SAGITÁRIO: 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.
SAGITÁRIO
Largest movements
- Cash +€41,485
up €41,485 (+92.0%), from €45,099 to €86,584
mainly Net result for the year (+€126,102) and Other debts (+€8,681)
- Receivables within one year +€12,788
up €12,788 (+209%), from €6,111 to €18,899
of which Trade receivables: +€18,777
- Reserves +€105,182
up €105,182 (+51.6%), from €203,818 to €309,000
- Debts after one year -€48,786
down €48,786 (-24.0%), from €203,265 to €154,478
of which Financial debts: -€48,786
- Tax, wage and social debts -€19,079
down €19,079 (-92.2%), from €20,703 to €1,624
- Other debts +€8,681
up €8,681 (+435%), from €1,994 to €10,675
- Gross operating margin -€43,170
down €43,170 (-20.1%), from €214,874 to €171,704
- Financial income +€21,346
up €21,346 (+8,624%), from €248 to €21,594
- Taxes -€14,132
down €14,132 (-21.5%), from €65,740 to €51,609
- Financial charges +€2,454
up €2,454 (+51.8%), from €4,738 to €7,192
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 | €569,989 | €613,425 | +€43,436 | +7.6% |
| Fixed assets | 21/28 | €473,565 | €468,128 | -€5,436 | -1.1% |
| Tangible fixed assets | 22/27 | €14,151 | €8,714 | -€5,436 | -38.4% |
| Furniture and vehicles | 24 | €1,774 | €2,673 | +€900 | +50.7% |
| Leasing and similar rights | 25 | €12,377 | €6,041 | -€6,336 | -51.2% |
| Financial fixed assets | 28 | €459,414 | €459,414 | = | 0.0% |
| Current assets | 29/58 | €96,424 | €145,297 | +€48,873 | +50.7% |
| Amounts receivable after more than one year | 29 | €44,000 | €38,500 | -€5,500 | -12.5% |
| Other amounts receivable | 291 | €44,000 | €38,500 | -€5,500 | -12.5% |
| Amounts receivable within one year | 40/41 | €6,111 | €18,899 | +€12,788 | +209% |
| Trade receivables | 40 | €122 | €18,899 | +€18,777 | +15,418% |
| Other amounts receivable | 41 | €5,989 | - | -€5,989 | |
| Cash at bank and in hand | 54/58 | €45,099 | €86,584 | +€41,485 | +92.0% |
| Deferred charges and accrued income | 490/1 | €1,214 | €1,314 | +€100 | +8.2% |
| Total equity and liabilities | 10/49 | €569,989 | €613,425 | +€43,436 | +7.6% |
| Equity | 10/15 | €255,847 | €362,131 | +€106,284 | +41.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €203,818 | €309,000 | +€105,182 | +51.6% |
| Distributable reserves | 133 | €203,818 | €309,000 | +€105,182 | +51.6% |
| Profit (loss) carried forward | 14 | €2,029 | €3,131 | +€1,102 | +54.3% |
| Amounts payable | 17/49 | €314,141 | €251,294 | -€62,848 | -20.0% |
| Amounts payable after more than one year | 17 | €203,265 | €154,478 | -€48,786 | -24.0% |
| Financial debts | 170/4 | €143,265 | €94,478 | -€48,786 | -34.1% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €106,385 | €91,605 | -€14,780 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €47,760 | €48,786 | +€1,026 | +2.1% |
| Financial debts | 43 | €35,000 | €29,236 | -€5,764 | -16.5% |
| Credit institutions | 430/8 | €35,000 | €29,236 | -€5,764 | -16.5% |
| Trade debts | 44 | €928 | €1,285 | +€357 | +38.4% |
| Suppliers | 440/4 | €928 | €1,285 | +€357 | +38.4% |
| Taxes, remuneration and social security | 45 | €20,703 | €1,624 | -€19,079 | -92.2% |
| Taxes | 450/3 | €20,703 | €1,624 | -€19,079 | -92.2% |
| Other amounts payable | 47/48 | €1,994 | €10,675 | +€8,681 | +435% |
| Accrued charges and deferred income | 492/3 | €4,491 | €5,210 | +€718 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,909 | €7,175 | +€266 | +3.8% |
| Other operating charges | 640/8 | €1,412 | €1,219 | -€192 | -13.6% |
| Gross operating margin | 9900 | €214,874 | €171,704 | -€43,170 | -20.1% |
| Operating profit (loss) | 9901 | €206,553 | €163,309 | -€43,244 | -20.9% |
| Financial income | 75/76B | €248 | €21,594 | +€21,346 | +8,624% |
| Recurring financial income | 75 | €248 | €21,594 | +€21,346 | +8,624% |
| Financial charges | 65/66B | €4,738 | €7,192 | +€2,454 | +51.8% |
| Recurring financial charges | 65 | €4,738 | €7,192 | +€2,454 | +51.8% |
| Profit (loss) for the period before taxes | 9903 | €202,063 | €177,711 | -€24,352 | -12.1% |
| Income taxes | 67/77 | €65,740 | €51,609 | -€14,132 | -21.5% |
| Profit (loss) for the period | 9904 | €136,322 | €126,102 | -€10,220 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €136,322 | €126,102 | -€10,220 | -7.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.