SAGRIC: 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.
SAGRIC
Largest movements
- Cash +€69,614
up €69,614 (+185.8%), from €37,464 to €107,079
mainly Trade debts (+€60,510) and Other debts (+€17,000)
- Receivables within one year +€7,442
up €7,442 (+6.7%), from €111,008 to €118,450
of which Other amounts receivable: +€10,941
- Trade debts +€60,510
up €60,510 (+349.8%), from €17,299 to €77,809
- Tax, wage and social debts -€17,085
down €17,085 (-62.1%), from €27,513 to €10,428
of which Remuneration and social security: -€15,969
- Other debts +€17,000
up €17,000 (+68.5%), from €24,812 to €41,812
- Accrued charges and deferred income +€9,297
up €9,297 (+61.7%), from €15,076 to €24,372
- Reserves +€5,801
up €5,801 (+8.7%), from €66,637 to €72,439
- Gross operating margin -€16,466
down €16,466 (-63.6%), from €25,898 to €9,432
- Taxes -€3,939
down €3,939 (-66.4%), from €5,929 to €1,990
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 | €152,337 | €227,860 | +€75,523 | +49.6% |
| Formation expenses | 20 | €112 | €0 | -€112 | -100.0% |
| Fixed assets | 21/28 | €3,752 | €2,199 | -€1,553 | -41.4% |
| Tangible fixed assets | 22/27 | €3,752 | €2,199 | -€1,553 | -41.4% |
| Plant, machinery and equipment | 23 | €3,752 | €2,199 | -€1,553 | -41.4% |
| Current assets | 29/58 | €148,472 | €225,660 | +€77,188 | +52.0% |
| Amounts receivable within one year | 40/41 | €111,008 | €118,450 | +€7,442 | +6.7% |
| Trade receivables | 40 | €111,008 | €107,510 | -€3,498 | -3.2% |
| Other amounts receivable | 41 | €0 | €10,941 | +€10,941 | |
| Cash at bank and in hand | 54/58 | €37,464 | €107,079 | +€69,614 | +185.8% |
| Deferred charges and accrued income | 490/1 | - | €131 | +€131 | |
| Total equity and liabilities | 10/49 | €152,337 | €227,860 | +€75,523 | +49.6% |
| Equity | 10/15 | €67,637 | €73,439 | +€5,801 | +8.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €66,637 | €72,439 | +€5,801 | +8.7% |
| Distributable reserves | 133 | €66,637 | €72,439 | +€5,801 | +8.7% |
| Amounts payable | 17/49 | €84,699 | €154,421 | +€69,722 | +82.3% |
| Amounts payable within one year | 42/48 | €69,624 | €130,049 | +€60,425 | +86.8% |
| Trade debts | 44 | €17,299 | €77,809 | +€60,510 | +349.8% |
| Suppliers | 440/4 | €17,299 | €77,809 | +€60,510 | +349.8% |
| Taxes, remuneration and social security | 45 | €27,513 | €10,428 | -€17,085 | -62.1% |
| Taxes | 450/3 | €8,903 | €7,787 | -€1,116 | -12.5% |
| Remuneration and social security | 454/9 | €18,609 | €2,641 | -€15,969 | -85.8% |
| Other amounts payable | 47/48 | €24,812 | €41,812 | +€17,000 | +68.5% |
| Accrued charges and deferred income | 492/3 | €15,076 | €24,372 | +€9,297 | +61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,721 | €1,665 | -€56 | -3.3% |
| Other operating charges | 640/8 | €302 | €191 | -€111 | -36.8% |
| Gross operating margin | 9900 | €25,898 | €9,432 | -€16,466 | -63.6% |
| Operating profit (loss) | 9901 | €23,875 | €7,576 | -€16,299 | -68.3% |
| Financial income | 75/76B | €623 | €440 | -€183 | -29.4% |
| Recurring financial income | 75 | €623 | €440 | -€183 | -29.4% |
| Financial charges | 65/66B | €118 | €224 | +€106 | +90.0% |
| Recurring financial charges | 65 | €118 | €224 | +€106 | +90.0% |
| Profit (loss) for the period before taxes | 9903 | €24,380 | €7,792 | -€16,589 | -68.0% |
| Income taxes | 67/77 | €5,929 | €1,990 | -€3,939 | -66.4% |
| Profit (loss) for the period | 9904 | €18,451 | €5,801 | -€12,650 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,451 | €5,801 | -€12,650 | -68.6% |
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 12 October 2026 via checked.be.