SARGON 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.
SARGON CONSULT
Largest movements
- Cash +€57,734
up €57,734 (+51.4%), from €112,430 to €170,164
mainly Net result for the year (+€50,657) and Receivables after one year (+€20,880)
- Receivables after one year -€20,880
down €20,880 (-100%), from €20,880 to €0
- Receivables within one year +€10,473
up €10,473 (+56.0%), from €18,704 to €29,177
of which Trade receivables: +€9,500
- Tangible fixed assets -€6,886
down €6,886 (-52.3%), from €13,159 to €6,274
- Profit (loss) carried forward +€50,657
up €50,657 (+35.7%), from €141,948 to €192,605
- Tax, wage and social debts -€5,090
down €5,090 (-100%), from €5,090 to €0
- Trade debts -€3,835
down €3,835 (-84.7%), from €4,527 to €692
- Gross operating margin +€8,225
up €8,225 (+11.8%), from €69,504 to €77,729
- Taxes +€1,659
up €1,659 (+9.6%), from €17,368 to €19,027
- Financial income -€811
down €811 (-100.0%), from €811 to €0
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 | €172,375 | €212,817 | +€40,442 | +23.5% |
| Fixed assets | 21/28 | €19,359 | €12,474 | -€6,886 | -35.6% |
| Tangible fixed assets | 22/27 | €13,159 | €6,274 | -€6,886 | -52.3% |
| Furniture and vehicles | 24 | €13,159 | €6,274 | -€6,886 | -52.3% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €153,016 | €200,343 | +€47,328 | +30.9% |
| Amounts receivable after more than one year | 29 | €20,880 | €0 | -€20,880 | -100% |
| Trade receivables | 290 | €20,880 | €0 | -€20,880 | -100% |
| Amounts receivable within one year | 40/41 | €18,704 | €29,177 | +€10,473 | +56.0% |
| Trade receivables | 40 | €18,000 | €27,500 | +€9,500 | +52.8% |
| Other amounts receivable | 41 | €704 | €1,677 | +€973 | +138% |
| Cash at bank and in hand | 54/58 | €112,430 | €170,164 | +€57,734 | +51.4% |
| Deferred charges and accrued income | 490/1 | €1,001 | €1,002 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €172,375 | €212,817 | +€40,442 | +23.5% |
| Equity | 10/15 | €160,548 | €211,205 | +€50,657 | +31.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,948 | €192,605 | +€50,657 | +35.7% |
| Amounts payable | 17/49 | €11,827 | €1,612 | -€10,215 | -86.4% |
| Amounts payable within one year | 42/48 | €11,827 | €1,612 | -€10,215 | -86.4% |
| Trade debts | 44 | €4,527 | €692 | -€3,835 | -84.7% |
| Suppliers | 440/4 | €4,527 | €692 | -€3,835 | -84.7% |
| Taxes, remuneration and social security | 45 | €5,090 | €0 | -€5,090 | -100% |
| Taxes | 450/3 | €5,090 | €0 | -€5,090 | -100% |
| Other amounts payable | 47/48 | €2,211 | €921 | -€1,290 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,539 | €6,886 | +€347 | +5.3% |
| Other operating charges | 640/8 | €1,242 | €1,081 | -€161 | -13.0% |
| Gross operating margin | 9900 | €69,504 | €77,729 | +€8,225 | +11.8% |
| Operating profit (loss) | 9901 | €61,723 | €69,762 | +€8,039 | +13.0% |
| Financial income | 75/76B | €811 | €0 | -€811 | -100.0% |
| Recurring financial income | 75 | €811 | €0 | -€811 | -100.0% |
| Financial charges | 65/66B | €99 | €78 | -€21 | -21.0% |
| Recurring financial charges | 65 | €99 | €78 | -€21 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €62,436 | €69,684 | +€7,249 | +11.6% |
| Income taxes | 67/77 | €17,368 | €19,027 | +€1,659 | +9.6% |
| Profit (loss) for the period | 9904 | €45,067 | €50,657 | +€5,590 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,067 | €50,657 | +€5,590 | +12.4% |
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 18 October 2026 via checked.be.