Sagreljo: what changed
Two fiscal 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.
Sagreljo
Largest movements
- Cash +€26,954
up €26,954 (+39.1%), from €69,022 to €95,976
mainly Net result for the year (+€20,571) and Depreciation (+€6,005)
- Tangible fixed assets -€6,005
down €6,005 (-1.2%), from €506,351 to €500,346
- Profit (loss) carried forward +€20,571
up €20,571, from -€12,473 to €8,098
- Gross operating margin +€10,310
up €10,310 (+47.4%), from €21,757 to €32,067
- Depreciation -€1,732
down €1,732 (-22.4%), from €7,737 to €6,005
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 | €575,448 | €596,397 | +€20,949 | +3.6% |
| Fixed assets | 21/28 | €506,351 | €500,346 | -€6,005 | -1.2% |
| Tangible fixed assets | 22/27 | €506,351 | €500,346 | -€6,005 | -1.2% |
| Land and buildings | 22 | €506,351 | €500,346 | -€6,005 | -1.2% |
| Current assets | 29/58 | €69,097 | €96,051 | +€26,954 | +39.0% |
| Cash at bank and in hand | 54/58 | €69,022 | €95,976 | +€26,954 | +39.1% |
| Deferred charges and accrued income | 490/1 | €75 | €75 | = | 0.0% |
| Total equity and liabilities | 10/49 | €575,448 | €596,397 | +€20,949 | +3.6% |
| Equity | 10/15 | €384,890 | €405,461 | +€20,571 | +5.3% |
| Contributions | 10/11 | €396,000 | €396,000 | = | 0.0% |
| Capital | 10 | €0 | - | = | |
| Issued capital | 100 | €0 | - | = | |
| Outside capital | 11 | €396,000 | - | -€396,000 | |
| Other | 1109/19 | €396,000 | - | -€396,000 | |
| Reserves | 13 | €1,363 | €1,363 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Legal reserve | 130 | €0 | - | = | |
| Distributable reserves | 133 | €1,363 | €1,363 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,473 | €8,098 | +€20,571 | |
| Amounts payable | 17/49 | €190,558 | €190,936 | +€378 | +0.2% |
| Amounts payable after more than one year | 17 | €2,475 | €2,475 | = | 0.0% |
| Other amounts payable | 178/9 | €2,475 | €2,475 | = | 0.0% |
| Amounts payable within one year | 42/48 | €188,083 | €188,461 | +€378 | +0.2% |
| Trade debts | 44 | €0 | €128 | +€128 | |
| Suppliers | 440/4 | €0 | €128 | +€128 | |
| Other amounts payable | 47/48 | €188,083 | €188,333 | +€250 | +0.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,737 | €6,005 | -€1,732 | -22.4% |
| Other operating charges | 640/8 | €5,527 | €5,796 | +€268 | +4.9% |
| Gross operating margin | 9900 | €21,757 | €32,067 | +€10,310 | +47.4% |
| Operating profit (loss) | 9901 | €8,493 | €20,267 | +€11,774 | +138.6% |
| Financial income | 75/76B | €330 | €444 | +€115 | +34.8% |
| Recurring financial income | 75 | €330 | €444 | +€115 | +34.8% |
| Financial charges | 65/66B | €101 | €105 | +€4 | +4.0% |
| Recurring financial charges | 65 | €101 | €105 | +€4 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €8,722 | €20,606 | +€11,884 | +136.3% |
| Income taxes | 67/77 | €57 | €34 | -€22 | -39.4% |
| Profit (loss) for the period | 9904 | €8,665 | €20,571 | +€11,907 | +137.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,665 | €20,571 | +€11,907 | +137.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.