SAGY: 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.
SAGY
Largest movements
- Receivables within one year +€4,737
up €4,737 (+26.9%), from €17,603 to €22,340
- Profit (loss) carried forward +€3,231
up €3,231 (+29.6%), from €10,919 to €14,150
- Tax, wage and social debts +€1,507
up €1,507 (+135.8%), from €1,109 to €2,616
- Gross operating margin -€7,455
down €7,455 (-64.9%), from €11,494 to €4,038
- Taxes +€808
new in 2025: €808
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,603 | €22,340 | +€4,737 | +26.9% |
| Current assets | 29/58 | €17,603 | €22,340 | +€4,737 | +26.9% |
| Amounts receivable within one year | 40/41 | €17,603 | €22,340 | +€4,737 | +26.9% |
| Other amounts receivable | 41 | €17,603 | €22,340 | +€4,737 | +26.9% |
| Total equity and liabilities | 10/49 | €17,603 | €22,340 | +€4,737 | +26.9% |
| Equity | 10/15 | €16,494 | €19,724 | +€3,231 | +19.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €575 | €575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €575 | €575 | = | 0.0% |
| Reserves not available under the articles | 1311 | €575 | €575 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,919 | €14,150 | +€3,231 | +29.6% |
| Amounts payable | 17/49 | €1,109 | €2,616 | +€1,507 | +135.8% |
| Amounts payable within one year | 42/48 | €1,109 | €2,616 | +€1,507 | +135.8% |
| Taxes, remuneration and social security | 45 | €1,109 | €2,616 | +€1,507 | +135.8% |
| Taxes | 450/3 | €1,109 | €2,616 | +€1,507 | +135.8% |
| Gross operating margin | 9900 | €11,494 | €4,038 | -€7,455 | -64.9% |
| Operating profit (loss) | 9901 | €11,494 | €4,038 | -€7,455 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | €11,494 | €4,038 | -€7,455 | -64.9% |
| Income taxes | 67/77 | - | €808 | +€808 | |
| Profit (loss) for the period | 9904 | €11,494 | €3,231 | -€8,263 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,494 | €3,231 | -€8,263 | -71.9% |
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.