SARGHINI & CO: 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.
SARGHINI & CO
Largest movements
- Cash +€5,836
up €5,836 (+35.2%), from €16,575 to €22,411
mainly Net result for the year (+€17,382) and Other debts (+€15,000)
- Tangible fixed assets +€3,201
up €3,201 (+17.7%), from €18,132 to €21,334
of which Furniture and vehicles: +€3,756
- Receivables within one year -€1,724
down €1,724 (-5.0%), from €34,212 to €32,488
of which Trade receivables: -€2,627
- Debts after one year -€18,500
down €18,500 (-80.4%), from €23,000 to €4,500
of which Financial debts: -€18,500
- Other debts +€15,000
new in 2025: €15,000
- Trade debts +€4,508
up €4,508 (+3,658%), from €123 to €4,632
- Tax, wage and social debts +€3,923
up €3,923 (+848%), from €463 to €4,386
of which Taxes: +€4,249
- Profit (loss) carried forward +€2,382
up €2,382 (+7.0%), from €34,099 to €36,480
- Turnover +€12,852
up €12,852 (+17.1%), from €75,351 to €88,203
- Gross operating margin +€11,141
up €11,141 (+69.8%), from €15,968 to €27,109
- Staff costs -€9,613
down €9,613 (-98.6%), from €9,746 to €132
- Depreciation +€4,477
up €4,477 (+1,608%), from €278 to €4,755
- Other operating charges -€2,770
down €2,770 (-60.7%), from €4,565 to €1,795
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 | €78,144 | €85,457 | +€7,313 | +9.4% |
| Fixed assets | 21/28 | €27,357 | €30,559 | +€3,201 | +11.7% |
| Tangible fixed assets | 22/27 | €18,132 | €21,334 | +€3,201 | +17.7% |
| Furniture and vehicles | 24 | €16,468 | €20,225 | +€3,756 | +22.8% |
| Other tangible fixed assets | 26 | €1,664 | €1,109 | -€555 | -33.4% |
| Financial fixed assets | 28 | €9,225 | €9,225 | = | 0.0% |
| Current assets | 29/58 | €50,787 | €54,899 | +€4,112 | +8.1% |
| Amounts receivable within one year | 40/41 | €34,212 | €32,488 | -€1,724 | -5.0% |
| Trade receivables | 40 | €2,627 | - | -€2,627 | |
| Other amounts receivable | 41 | €31,585 | €32,488 | +€903 | +2.9% |
| Cash at bank and in hand | 54/58 | €16,575 | €22,411 | +€5,836 | +35.2% |
| Total equity and liabilities | 10/49 | €78,144 | €85,457 | +€7,313 | +9.4% |
| Equity | 10/15 | €54,559 | €56,940 | +€2,382 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,099 | €36,480 | +€2,382 | +7.0% |
| Amounts payable | 17/49 | €23,586 | €28,517 | +€4,931 | +20.9% |
| Amounts payable after more than one year | 17 | €23,000 | €4,500 | -€18,500 | -80.4% |
| Financial debts | 170/4 | €18,500 | - | -€18,500 | |
| Other amounts payable | 178/9 | €4,500 | €4,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €586 | €24,017 | +€23,431 | +4,000% |
| Trade debts | 44 | €123 | €4,632 | +€4,508 | +3,658% |
| Suppliers | 440/4 | €123 | €4,632 | +€4,508 | +3,658% |
| Taxes, remuneration and social security | 45 | €463 | €4,386 | +€3,923 | +848% |
| Taxes | 450/3 | €137 | €4,386 | +€4,249 | +3,113% |
| Remuneration and social security | 454/9 | €326 | - | -€326 | |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Turnover | 70 | €75,351 | €88,203 | +€12,852 | +17.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €59,383 | €61,094 | +€1,711 | +2.9% |
| Remuneration, social security and pensions | 62 | €9,746 | €132 | -€9,613 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €4,755 | +€4,477 | +1,608% |
| Other operating charges | 640/8 | €4,565 | €1,795 | -€2,770 | -60.7% |
| Gross operating margin | 9900 | €15,968 | €27,109 | +€11,141 | +69.8% |
| Operating profit (loss) | 9901 | €1,379 | €20,427 | +€19,047 | +1,381% |
| Financial income | 75/76B | €91 | €1,407 | +€1,315 | +1,438% |
| Recurring financial income | 75 | €91 | €1,407 | +€1,315 | +1,438% |
| Non-recurring financial income | 76B | €91 | €1,407 | +€1,315 | +1,438% |
| Financial charges | 65/66B | €2,268 | €905 | -€1,363 | -60.1% |
| Recurring financial charges | 65 | €512 | €462 | -€50 | -9.8% |
| Non-recurring financial charges | 66B | €1,756 | €444 | -€1,312 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | -€797 | €20,928 | +€21,726 | |
| Income taxes | 67/77 | €4,042 | €3,547 | -€495 | -12.3% |
| Profit (loss) for the period | 9904 | -€4,839 | €17,382 | +€22,221 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,839 | €17,382 | +€22,221 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.