SG CONSULT: 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.
SG CONSULT
Largest movements
- Receivables within one year -€31,249
down €31,249 (-47.8%), from €65,338 to €34,089
of which Other amounts receivable: -€29,002
- Cash +€3,905
up €3,905 (+179.6%), from €2,174 to €6,079
mainly Receivables within one year (+€31,249) and Depreciation (+€1,253)
- Tangible fixed assets -€2,400
down €2,400 (-56.8%), from €4,223 to €1,823
- Tax, wage and social debts -€10,320
down €10,320 (-89.7%), from €11,506 to €1,186
- Other debts -€9,616
down €9,616 (-18.6%), from €51,585 to €41,969
- Provisions -€7,062
down €7,062 (-0.7%), from €977,711 to €970,649
- Profit (loss) carried forward -€3,039
down €3,039 (-0.2%), from -€1.3m to -€1.3m
- Accrued charges and deferred income +€878
new in 2024: €878
- Gross operating margin +€27,170
up €27,170 (+48.5%), from €55,975 to €83,145
- Other operating charges +€5,393
up €5,393 (+938.8%), from €574 to €5,967
- Financial charges -€1,462
down €1,462 (-1.8%), from €82,107 to €80,644
- Financial income +€943
up €943 (+55.9%), from €1,686 to €2,629
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,057 | €42,228 | -€29,830 | -41.4% |
| Fixed assets | 21/28 | €4,223 | €1,823 | -€2,400 | -56.8% |
| Tangible fixed assets | 22/27 | €4,223 | €1,823 | -€2,400 | -56.8% |
| Furniture and vehicles | 24 | €4,223 | €1,823 | -€2,400 | -56.8% |
| Current assets | 29/58 | €67,834 | €40,405 | -€27,430 | -40.4% |
| Amounts receivable within one year | 40/41 | €65,338 | €34,089 | -€31,249 | -47.8% |
| Trade receivables | 40 | €8,037 | €5,790 | -€2,247 | -28.0% |
| Other amounts receivable | 41 | €57,302 | €28,299 | -€29,002 | -50.6% |
| Cash at bank and in hand | 54/58 | €2,174 | €6,079 | +€3,905 | +179.6% |
| Deferred charges and accrued income | 490/1 | €322 | €236 | -€85 | -26.5% |
| Total equity and liabilities | 10/49 | €72,057 | €42,228 | -€29,830 | -41.4% |
| Equity | 10/15 | -€1,309,622 | -€1,312,660 | -€3,039 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,494 | €15,494 | = | 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% |
| Distributable reserves | 133 | €13,634 | €13,634 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,343,716 | -€1,346,755 | -€3,039 | -0.2% |
| Provisions and deferred taxes | 16 | €977,711 | €970,649 | -€7,062 | -0.7% |
| Provisions for liabilities and charges | 160/5 | €977,711 | €970,649 | -€7,062 | -0.7% |
| Environmental obligations | 163 | - | €970,649 | +€970,649 | |
| Other liabilities and charges | 164/5 | €977,711 | - | -€977,711 | |
| Amounts payable | 17/49 | €403,968 | €384,239 | -€19,729 | -4.9% |
| Amounts payable after more than one year | 17 | €338,721 | €338,468 | -€254 | -0.1% |
| Financial debts | 170/4 | €338,721 | €338,468 | -€254 | -0.1% |
| Amounts payable within one year | 42/48 | €65,247 | €44,893 | -€20,353 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | €235 | €254 | +€19 | +8.0% |
| Trade debts | 44 | €1,921 | €1,485 | -€436 | -22.7% |
| Suppliers | 440/4 | €1,921 | €1,485 | -€436 | -22.7% |
| Taxes, remuneration and social security | 45 | €11,506 | €1,186 | -€10,320 | -89.7% |
| Taxes | 450/3 | €11,506 | €1,186 | -€10,320 | -89.7% |
| Other amounts payable | 47/48 | €51,585 | €41,969 | -€9,616 | -18.6% |
| Accrued charges and deferred income | 492/3 | - | €878 | +€878 | |
| Non-recurring operating income | 76A | €7,062 | €7,820 | +€758 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,454 | €1,253 | -€201 | -13.8% |
| Other operating charges | 640/8 | €574 | €5,967 | +€5,393 | +938.8% |
| Non-recurring operating charges | 66A | - | €947 | +€947 | |
| Gross operating margin | 9900 | €55,975 | €83,145 | +€27,170 | +48.5% |
| Operating profit (loss) | 9901 | €53,946 | €74,977 | +€21,031 | +39.0% |
| Financial income | 75/76B | €1,686 | €2,629 | +€943 | +55.9% |
| Recurring financial income | 75 | €1,686 | €2,629 | +€943 | +55.9% |
| Financial charges | 65/66B | €82,107 | €80,644 | -€1,462 | -1.8% |
| Recurring financial charges | 65 | €82,107 | €80,644 | -€1,462 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€26,475 | -€3,039 | +€23,436 | +88.5% |
| Profit (loss) for the period | 9904 | -€26,475 | -€3,039 | +€23,436 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,475 | -€3,039 | +€23,436 | +88.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.