SaintgeorgesBK: 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.
SaintgeorgesBK
Largest movements
- Cash -€55,579
down €55,579 (-16.4%), from €339,241 to €283,662
mainly Debts after one year (-€239,662) and Trade debts (-€9,434)
- Tangible fixed assets -€45,194
down €45,194 (-3.9%), from €1.1m to €1.1m
of which Land and buildings: -€43,815
- Debts after one year -€239,662
down €239,662 (-34.2%), from €701,005 to €461,344
of which Financial debts: -€164,662
- Reserves +€114,734
up €114,734 (+34.2%), from €335,276 to €450,009
- Staff costs +€35,194
up €35,194 (+5.3%), from €669,817 to €705,011
- Taxes -€14,220
down €14,220 (-24.2%), from €58,819 to €44,599
- Gross operating margin -€10,153
down €10,153 (-1.1%), from €944,712 to €934,559
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.
Derived cash bridge
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 | €1,543,025 | €1,429,697 | -€113,328 | -7.3% |
| Fixed assets | 21/28 | €1,162,220 | €1,110,326 | -€51,894 | -4.5% |
| Intangible fixed assets | 21 | €16,018 | €9,318 | -€6,700 | -41.8% |
| Tangible fixed assets | 22/27 | €1,146,202 | €1,101,008 | -€45,194 | -3.9% |
| Land and buildings | 22 | €1,124,403 | €1,080,588 | -€43,815 | -3.9% |
| Plant, machinery and equipment | 23 | €21,799 | €20,420 | -€1,380 | -6.3% |
| Current assets | 29/58 | €380,805 | €319,371 | -€61,433 | -16.1% |
| Stocks and contracts in progress | 3 | €15,530 | €15,933 | +€402 | +2.6% |
| Stocks | 30/36 | €15,530 | €15,933 | +€402 | +2.6% |
| Amounts receivable within one year | 40/41 | €8,630 | €5,040 | -€3,590 | -41.6% |
| Trade receivables | 40 | €2,205 | €400 | -€1,805 | -81.9% |
| Other amounts receivable | 41 | €6,425 | €4,640 | -€1,785 | -27.8% |
| Cash at bank and in hand | 54/58 | €339,241 | €283,662 | -€55,579 | -16.4% |
| Deferred charges and accrued income | 490/1 | €17,403 | €14,737 | -€2,666 | -15.3% |
| Total equity and liabilities | 10/49 | €1,543,025 | €1,429,697 | -€113,328 | -7.3% |
| Equity | 10/15 | €410,276 | €525,009 | +€114,734 | +28.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €335,276 | €450,009 | +€114,734 | +34.2% |
| Distributable reserves | 133 | €335,276 | €450,009 | +€114,734 | +34.2% |
| Amounts payable | 17/49 | €1,132,749 | €904,688 | -€228,062 | -20.1% |
| Amounts payable after more than one year | 17 | €701,005 | €461,344 | -€239,662 | -34.2% |
| Financial debts | 170/4 | €626,005 | €461,344 | -€164,662 | -26.3% |
| Other amounts payable | 178/9 | €75,000 | - | -€75,000 | |
| Amounts payable within one year | 42/48 | €431,744 | €436,377 | +€4,633 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €163,034 | €164,662 | +€1,627 | +1.0% |
| Trade debts | 44 | €136,288 | €126,853 | -€9,434 | -6.9% |
| Suppliers | 440/4 | €136,288 | €126,853 | -€9,434 | -6.9% |
| Taxes, remuneration and social security | 45 | €128,192 | €139,845 | +€11,653 | +9.1% |
| Taxes | 450/3 | €50,078 | €50,233 | +€155 | +0.3% |
| Remuneration and social security | 454/9 | €78,114 | €89,611 | +€11,498 | +14.7% |
| Other amounts payable | 47/48 | €4,230 | €5,018 | +€788 | +18.6% |
| Accrued charges and deferred income | 492/3 | - | €6,967 | +€6,967 | |
| Remuneration, social security and pensions | 62 | €669,817 | €705,011 | +€35,194 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,489 | €53,959 | +€470 | +0.9% |
| Other operating charges | 640/8 | €1,584 | €1,603 | +€19 | +1.2% |
| Gross operating margin | 9900 | €944,712 | €934,559 | -€10,153 | -1.1% |
| Operating profit (loss) | 9901 | €219,821 | €173,985 | -€45,836 | -20.9% |
| Financial income | 75/76B | €13 | - | -€13 | |
| Recurring financial income | 75 | €13 | - | -€13 | |
| Financial charges | 65/66B | €16,227 | €14,652 | -€1,575 | -9.7% |
| Recurring financial charges | 65 | €16,227 | €14,652 | -€1,575 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €203,607 | €159,333 | -€44,274 | -21.7% |
| Income taxes | 67/77 | €58,819 | €44,599 | -€14,220 | -24.2% |
| Profit (loss) for the period | 9904 | €144,788 | €114,734 | -€30,054 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €144,788 | €114,734 | -€30,054 | -20.8% |
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 20 October 2026 via checked.be.