SaGoCo: what changed
SaGoCo
Largest movements
- Cash +€8,159
up €8,159 (+13.9%), from €58,810 to €66,969
mainly Net result for the year (+€21,671) and Other debts (+€7,144)
- Receivables within one year +€6,210
up €6,210 (+49.8%), from €12,462 to €18,672
of which Other amounts receivable: +€4,637
- Tangible fixed assets -€4,636
down €4,636 (-33.6%), from €13,793 to €9,156
of which Furniture and vehicles: -€4,476
- Deferred charges and accrued income -€1,779
down €1,779 (-56.1%), from €3,172 to €1,392
- Other debts +€7,144
up €7,144 (+38.1%), from €18,753 to €25,897
- Tax, wage and social debts +€4,233
up €4,233 (+94.5%), from €4,481 to €8,714
- Reserves -€3,690
down €3,690 (-8.0%), from €46,401 to €42,711
- Gross operating margin +€2,756
up €2,756 (+8.9%), from €31,132 to €33,887
- Depreciation -€670
down €670 (-11.6%), from €5,757 to €5,087
- Taxes +€539
up €539 (+9.1%), from €5,938 to €6,476
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,236 | €96,189 | +€7,953 | +9.0% |
| Fixed assets | 21/28 | €13,793 | €9,156 | -€4,636 | -33.6% |
| Tangible fixed assets | 22/27 | €13,793 | €9,156 | -€4,636 | -33.6% |
| Plant, machinery and equipment | 23 | €160 | - | -€160 | |
| Furniture and vehicles | 24 | €13,633 | €9,156 | -€4,476 | -32.8% |
| Current assets | 29/58 | €74,443 | €87,032 | +€12,589 | +16.9% |
| Amounts receivable within one year | 40/41 | €12,462 | €18,672 | +€6,210 | +49.8% |
| Trade receivables | 40 | €12,075 | €13,648 | +€1,573 | +13.0% |
| Other amounts receivable | 41 | €386 | €5,023 | +€4,637 | +1,200% |
| Cash at bank and in hand | 54/58 | €58,810 | €66,969 | +€8,159 | +13.9% |
| Deferred charges and accrued income | 490/1 | €3,172 | €1,392 | -€1,779 | -56.1% |
| Total equity and liabilities | 10/49 | €88,236 | €96,189 | +€7,953 | +9.0% |
| Equity | 10/15 | €65,001 | €61,311 | -€3,690 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,401 | €42,711 | -€3,690 | -8.0% |
| Distributable reserves | 133 | €46,401 | €42,711 | -€3,690 | -8.0% |
| Amounts payable | 17/49 | €23,235 | €34,878 | +€11,643 | +50.1% |
| Amounts payable within one year | 42/48 | €23,235 | €34,835 | +€11,601 | +49.9% |
| Trade debts | 44 | - | €224 | +€224 | |
| Suppliers | 440/4 | - | €224 | +€224 | |
| Taxes, remuneration and social security | 45 | €4,481 | €8,714 | +€4,233 | +94.5% |
| Taxes | 450/3 | €4,481 | €8,714 | +€4,233 | +94.5% |
| Other amounts payable | 47/48 | €18,753 | €25,897 | +€7,144 | +38.1% |
| Accrued charges and deferred income | 492/3 | - | €42 | +€42 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,757 | €5,087 | -€670 | -11.6% |
| Other operating charges | 640/8 | €575 | €531 | -€44 | -7.6% |
| Gross operating margin | 9900 | €31,132 | €33,887 | +€2,756 | +8.9% |
| Operating profit (loss) | 9901 | €24,800 | €28,269 | +€3,469 | +14.0% |
| Financial income | 75/76B | €3 | €4 | +€1 | +22.3% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +22.3% |
| Financial charges | 65/66B | €112 | €126 | +€14 | +12.5% |
| Recurring financial charges | 65 | €112 | €126 | +€14 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €24,691 | €28,147 | +€3,456 | +14.0% |
| Income taxes | 67/77 | €5,938 | €6,476 | +€539 | +9.1% |
| Profit (loss) for the period | 9904 | €18,753 | €21,671 | +€2,918 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,753 | €21,671 | +€2,918 | +15.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.