SAGITTA NOVA: 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.
SAGITTA NOVA
Largest movements
- Tangible fixed assets +€6,039
up €6,039 (+8.7%), from €69,311 to €75,350
of which Land and buildings: +€5,028
- Receivables within one year +€2,881
up €2,881 (+15.0%), from €19,149 to €22,030
- Cash -€2,373
down €2,373 (-10.7%), from €22,151 to €19,779
mainly Contributions, distributions and other (-€153,432) and Investment in fixed assets (net) (-€13,847)
- Reserves -€72,166
no longer reported in 2025 (was €72,166)
- Other debts +€43,912
new in 2025: €43,912
- Tax, wage and social debts +€31,501
up €31,501 (+84.4%), from €37,332 to €68,833
- Trade debts +€3,300
up €3,300 (+2,931%), from €113 to €3,413
- Gross operating margin +€22,973
up €22,973 (+22.3%), from €103,004 to €125,976
- Taxes +€3,180
up €3,180 (+10.8%), from €29,357 to €32,536
- Financial charges +€2,007
up €2,007 (+114%), from €1,768 to €3,775
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 | €110,611 | €117,159 | +€6,548 | +5.9% |
| Fixed assets | 21/28 | €69,311 | €75,350 | +€6,039 | +8.7% |
| Tangible fixed assets | 22/27 | €69,311 | €75,350 | +€6,039 | +8.7% |
| Land and buildings | 22 | €4,937 | €9,965 | +€5,028 | +102% |
| Plant, machinery and equipment | 23 | €16,569 | €19,072 | +€2,503 | +15.1% |
| Furniture and vehicles | 24 | €8,855 | €7,363 | -€1,492 | -16.8% |
| Other tangible fixed assets | 26 | €38,949 | €38,949 | = | 0.0% |
| Current assets | 29/58 | €41,300 | €41,809 | +€509 | +1.2% |
| Amounts receivable within one year | 40/41 | €19,149 | €22,030 | +€2,881 | +15.0% |
| Trade receivables | 40 | €19,149 | €22,030 | +€2,881 | +15.0% |
| Cash at bank and in hand | 54/58 | €22,151 | €19,779 | -€2,373 | -10.7% |
| Total equity and liabilities | 10/49 | €110,611 | €117,159 | +€6,548 | +5.9% |
| Equity | 10/15 | €73,166 | €1,000 | -€72,166 | -98.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €72,166 | - | -€72,166 | |
| Distributable reserves | 133 | €72,166 | - | -€72,166 | |
| Amounts payable | 17/49 | €37,444 | €116,159 | +€78,714 | +210% |
| Amounts payable within one year | 42/48 | €37,444 | €116,159 | +€78,714 | +210% |
| Trade debts | 44 | €113 | €3,413 | +€3,300 | +2,931% |
| Suppliers | 440/4 | €113 | €3,413 | +€3,300 | +2,931% |
| Taxes, remuneration and social security | 45 | €37,332 | €68,833 | +€31,501 | +84.4% |
| Taxes | 450/3 | €37,332 | €68,833 | +€31,501 | +84.4% |
| Other amounts payable | 47/48 | - | €43,912 | +€43,912 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,528 | €7,808 | +€280 | +3.7% |
| Other operating charges | 640/8 | €735 | €592 | -€143 | -19.5% |
| Gross operating margin | 9900 | €103,004 | €125,976 | +€22,973 | +22.3% |
| Operating profit (loss) | 9901 | €94,741 | €117,577 | +€22,836 | +24.1% |
| Financial charges | 65/66B | €1,768 | €3,775 | +€2,007 | +114% |
| Recurring financial charges | 65 | €1,768 | €3,775 | +€2,007 | +114% |
| Profit (loss) for the period before taxes | 9903 | €92,973 | €113,802 | +€20,828 | +22.4% |
| Income taxes | 67/77 | €29,357 | €32,536 | +€3,180 | +10.8% |
| Profit (loss) for the period | 9904 | €63,617 | €81,265 | +€17,649 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,617 | €81,265 | +€17,649 | +27.7% |
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 25 October 2026 via checked.be.