SaGo Tech: 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.
SaGo Tech
Largest movements
- Current investments +€125,000
new in 2025: €125,000
- Cash -€55,538
down €55,538 (-89.5%), from €62,079 to €6,541
mainly Current investments (-€125,000) and Contributions, distributions and other (-€111,000)
- Tangible fixed assets -€4,611
down €4,611 (-52.6%), from €8,764 to €4,153
of which Furniture and vehicles: -€4,320
- Receivables within one year +€2,013
up €2,013 (+8.2%), from €24,526 to €26,539
- Other debts +€86,198
up €86,198 (+2343.4%), from €3,678 to €89,876
- Reserves -€57,604
down €57,604 (-88.1%), from €65,367 to €7,763
- Tax, wage and social debts +€49,582
up €49,582 (+485.3%), from €10,216 to €59,799
of which Taxes: +€46,632
- Accrued charges and deferred income -€12,000
down €12,000 (-92.3%), from €13,000 to €1,000
- Gross operating margin +€12,003
up €12,003 (+20.1%), from €59,702 to €71,705
- Taxes +€1,907
up €1,907 (+15.8%), from €12,061 to €13,968
- Depreciation +€842
up €842 (+36.2%), from €2,327 to €3,170
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.
Cash bridge derived
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 | €97,281 | €164,014 | +€66,733 | +68.6% |
| Fixed assets | 21/28 | €8,764 | €4,153 | -€4,611 | -52.6% |
| Tangible fixed assets | 22/27 | €8,764 | €4,153 | -€4,611 | -52.6% |
| Plant, machinery and equipment | 23 | €1,352 | €1,061 | -€291 | -21.5% |
| Furniture and vehicles | 24 | €7,413 | €3,092 | -€4,320 | -58.3% |
| Current assets | 29/58 | €88,516 | €159,861 | +€71,345 | +80.6% |
| Amounts receivable within one year | 40/41 | €24,526 | €26,539 | +€2,013 | +8.2% |
| Trade receivables | 40 | €24,526 | €26,539 | +€2,013 | +8.2% |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €62,079 | €6,541 | -€55,538 | -89.5% |
| Deferred charges and accrued income | 490/1 | €1,912 | €1,781 | -€130 | -6.8% |
| Total equity and liabilities | 10/49 | €97,281 | €164,014 | +€66,733 | +68.6% |
| Equity | 10/15 | €68,367 | €10,763 | -€57,604 | -84.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,367 | €7,763 | -€57,604 | -88.1% |
| Distributable reserves | 133 | €65,367 | €7,763 | -€57,604 | -88.1% |
| Amounts payable | 17/49 | €28,914 | €153,251 | +€124,338 | +430.0% |
| Amounts payable within one year | 42/48 | €15,914 | €152,251 | +€136,338 | +856.7% |
| Trade debts | 44 | €2,019 | €2,576 | +€557 | +27.6% |
| Suppliers | 440/4 | €2,019 | €2,576 | +€557 | +27.6% |
| Taxes, remuneration and social security | 45 | €10,216 | €59,799 | +€49,582 | +485.3% |
| Taxes | 450/3 | €7,916 | €54,549 | +€46,632 | +589.1% |
| Remuneration and social security | 454/9 | €2,300 | €5,250 | +€2,950 | +128.3% |
| Other amounts payable | 47/48 | €3,678 | €89,876 | +€86,198 | +2343.4% |
| Accrued charges and deferred income | 492/3 | €13,000 | €1,000 | -€12,000 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,327 | €3,170 | +€842 | +36.2% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €59,702 | €71,705 | +€12,003 | +20.1% |
| Operating profit (loss) | 9901 | €56,869 | €68,015 | +€11,147 | +19.6% |
| Financial income | 75/76B | - | €667 | +€667 | |
| Recurring financial income | 75 | - | €667 | +€667 | |
| Financial charges | 65/66B | €1,483 | €1,319 | -€164 | -11.0% |
| Recurring financial charges | 65 | €1,483 | €1,319 | -€164 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €55,386 | €67,364 | +€11,978 | +21.6% |
| Income taxes | 67/77 | €12,061 | €13,968 | +€1,907 | +15.8% |
| Profit (loss) for the period | 9904 | €43,325 | €53,396 | +€10,071 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,325 | €53,396 | +€10,071 | +23.2% |
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 11 October 2026 via checked.be.