SARGON: what changed
Two fiscal 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.
SARGON
Largest movements
- Cash +€3,924
up €3,924 (+220.8%), from €1,777 to €5,702
mainly Debts after one year (+€10,000) and Other debts (+€4,088)
- Stocks and contracts -€667
down €667 (-2.6%), from €26,000 to €25,333
- Profit (loss) carried forward -€11,143
down €11,143 (-17.1%), from -€65,164 to -€76,307
- Debts after one year +€10,000
up €10,000 (+66.7%), from €15,000 to €25,000
- Other debts +€4,088
up €4,088 (+11.4%), from €35,972 to €40,060
- Trade debts +€816
up €816 (+11.3%), from €7,190 to €8,006
- Tax, wage and social debts -€767
down €767 (-42.0%), from €1,824 to €1,057
- Gross operating margin +€8,866
up €8,866 (+45.4%), from -€19,536 to -€10,670
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 | €55,146 | €58,079 | +€2,932 | +5.3% |
| Current assets | 29/58 | €55,146 | €58,079 | +€2,932 | +5.3% |
| Stocks and contracts in progress | 3 | €26,000 | €25,333 | -€667 | -2.6% |
| Stocks | 30/36 | €26,000 | €25,333 | -€667 | -2.6% |
| Amounts receivable within one year | 40/41 | €27,227 | €26,680 | -€547 | -2.0% |
| Trade receivables | 40 | €25,983 | €26,680 | +€696 | +2.7% |
| Other amounts receivable | 41 | €1,243 | - | -€1,243 | |
| Cash at bank and in hand | 54/58 | €1,777 | €5,702 | +€3,924 | +220.8% |
| Deferred charges and accrued income | 490/1 | €142 | €364 | +€222 | +155.6% |
| Total equity and liabilities | 10/49 | €55,146 | €58,079 | +€2,932 | +5.3% |
| Equity | 10/15 | -€5,164 | -€16,307 | -€11,143 | -215.8% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,164 | -€76,307 | -€11,143 | -17.1% |
| Amounts payable | 17/49 | €60,310 | €74,385 | +€14,075 | +23.3% |
| Amounts payable after more than one year | 17 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Financial debts | 170/4 | €15,000 | €25,000 | +€10,000 | +66.7% |
| Amounts payable within one year | 42/48 | €44,986 | €49,123 | +€4,137 | +9.2% |
| Trade debts | 44 | €7,190 | €8,006 | +€816 | +11.3% |
| Suppliers | 440/4 | €7,190 | €8,006 | +€816 | +11.3% |
| Taxes, remuneration and social security | 45 | €1,824 | €1,057 | -€767 | -42.0% |
| Taxes | 450/3 | €1,824 | €1,057 | -€767 | -42.0% |
| Other amounts payable | 47/48 | €35,972 | €40,060 | +€4,088 | +11.4% |
| Accrued charges and deferred income | 492/3 | €324 | €262 | -€62 | -19.0% |
| Other operating charges | 640/8 | €266 | €270 | +€4 | +1.5% |
| Gross operating margin | 9900 | -€19,536 | -€10,670 | +€8,866 | +45.4% |
| Operating profit (loss) | 9901 | -€19,802 | -€10,940 | +€8,862 | +44.8% |
| Financial income | 75/76B | €151 | €125 | -€26 | -17.4% |
| Recurring financial income | 75 | €31 | €5 | -€26 | -84.1% |
| Non-recurring financial income | 76B | €120 | €120 | = | 0.0% |
| Financial charges | 65/66B | €261 | €328 | +€67 | +25.6% |
| Recurring financial charges | 65 | €261 | €328 | +€67 | +25.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,912 | -€11,143 | +€8,769 | +44.0% |
| Profit (loss) for the period | 9904 | -€19,912 | -€11,143 | +€8,769 | +44.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,912 | -€11,143 | +€8,769 | +44.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.