SAPPHO CONSULT: 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.
SAPPHO CONSULT
Largest movements
- Cash -€168,988
down €168,988 (-71.5%), from €236,369 to €67,382
mainly Other debts (-€161,036) and Contributions, distributions and other (-€76,000)
- Tangible fixed assets -€9,123
down €9,123 (-36.1%), from €25,238 to €16,115
of which Furniture and vehicles: -€9,123
- Receivables within one year +€3,971
up €3,971 (+25.0%), from €15,867 to €19,839
of which Other amounts receivable: +€3,971
- Other debts -€161,036
down €161,036 (-71.3%), from €225,733 to €64,697
- Tax, wage and social debts -€12,153
down €12,153 (-37.2%), from €32,660 to €20,507
- Gross operating margin -€38,644
down €38,644 (-27.2%), from €142,069 to €103,425
- Taxes -€8,544
down €8,544 (-30.8%), from €27,782 to €19,237
- Depreciation -€5,033
down €5,033 (-35.6%), from €14,156 to €9,123
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 | €280,820 | €106,598 | -€174,222 | -62.0% |
| Fixed assets | 21/28 | €25,238 | €16,115 | -€9,123 | -36.1% |
| Tangible fixed assets | 22/27 | €25,238 | €16,115 | -€9,123 | -36.1% |
| Furniture and vehicles | 24 | €22,038 | €12,915 | -€9,123 | -41.4% |
| Other tangible fixed assets | 26 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €255,583 | €90,484 | -€165,099 | -64.6% |
| Amounts receivable within one year | 40/41 | €15,867 | €19,839 | +€3,971 | +25.0% |
| Trade receivables | 40 | €15,428 | €15,428 | = | 0.0% |
| Other amounts receivable | 41 | €440 | €4,411 | +€3,971 | +903.4% |
| Cash at bank and in hand | 54/58 | €236,369 | €67,382 | -€168,988 | -71.5% |
| Deferred charges and accrued income | 490/1 | €3,346 | €3,263 | -€83 | -2.5% |
| Total equity and liabilities | 10/49 | €280,820 | €106,598 | -€174,222 | -62.0% |
| Equity | 10/15 | €20,965 | €18,882 | -€2,082 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,365 | €282 | -€2,082 | -88.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,365 | €282 | -€2,082 | -88.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €259,856 | €87,716 | -€172,140 | -66.2% |
| Amounts payable within one year | 42/48 | €259,856 | €87,305 | -€172,551 | -66.4% |
| Trade debts | 44 | €1,463 | €2,101 | +€638 | +43.6% |
| Suppliers | 440/4 | €1,463 | €2,101 | +€638 | +43.6% |
| Taxes, remuneration and social security | 45 | €32,660 | €20,507 | -€12,153 | -37.2% |
| Taxes | 450/3 | €32,660 | €20,507 | -€12,153 | -37.2% |
| Other amounts payable | 47/48 | €225,733 | €64,697 | -€161,036 | -71.3% |
| Accrued charges and deferred income | 492/3 | €0 | €411 | +€411 | |
| Remuneration, social security and pensions | 62 | €481 | €316 | -€165 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,156 | €9,123 | -€5,033 | -35.6% |
| Other operating charges | 640/8 | €1,550 | €1,212 | -€338 | -21.8% |
| Gross operating margin | 9900 | €142,069 | €103,425 | -€38,644 | -27.2% |
| Operating profit (loss) | 9901 | €125,883 | €92,775 | -€33,108 | -26.3% |
| Financial income | 75/76B | €542 | €360 | -€181 | -33.5% |
| Recurring financial income | 75 | €542 | €360 | -€181 | -33.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €347 | -€20 | -€367 | |
| Recurring financial charges | 65 | €347 | -€20 | -€367 | |
| Profit (loss) for the period before taxes | 9903 | €126,077 | €93,155 | -€32,922 | -26.1% |
| Income taxes | 67/77 | €27,782 | €19,237 | -€8,544 | -30.8% |
| Profit (loss) for the period | 9904 | €98,296 | €73,918 | -€24,378 | -24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €98,296 | €73,918 | -€24,378 | -24.8% |
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 12 October 2026 via checked.be.