SG Consultant: 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.
SG Consultant
Largest movements
- Cash -€27,246
down €27,246 (-37.2%), from €73,242 to €45,996
mainly Contributions, distributions and other (-€133,237) and Investment in fixed assets (net) (-€4,078)
- Receivables within one year -€3,628
down €3,628 (-35.1%), from €10,325 to €6,697
of which Trade receivables: -€2,711
- Tangible fixed assets +€1,429
up €1,429 (+14.3%), from €10,000 to €11,429
of which Other tangible fixed assets: +€1,909
- Profit (loss) carried forward -€80,093
no longer reported in 2025 (was €80,093)
- Other debts +€50,157
new in 2025: €50,157
- Gross operating margin -€31,236
down €31,236 (-29.7%), from €105,056 to €73,820
- Taxes -€7,146
down €7,146 (-32.5%), from €21,966 to €14,821
- Depreciation +€2,108
up €2,108 (+390%), from €541 to €2,649
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 | €94,387 | €65,214 | -€29,174 | -30.9% |
| Fixed assets | 21/28 | €10,000 | €11,429 | +€1,429 | +14.3% |
| Tangible fixed assets | 22/27 | €10,000 | €11,429 | +€1,429 | +14.3% |
| Furniture and vehicles | 24 | €2,038 | €1,557 | -€480 | -23.6% |
| Other tangible fixed assets | 26 | €7,963 | €9,872 | +€1,909 | +24.0% |
| Current assets | 29/58 | €84,387 | €53,784 | -€30,602 | -36.3% |
| Amounts receivable within one year | 40/41 | €10,325 | €6,697 | -€3,628 | -35.1% |
| Trade receivables | 40 | €9,408 | €6,697 | -€2,711 | -28.8% |
| Other amounts receivable | 41 | €917 | - | -€917 | |
| Cash at bank and in hand | 54/58 | €73,242 | €45,996 | -€27,246 | -37.2% |
| Deferred charges and accrued income | 490/1 | €819 | €1,091 | +€271 | +33.1% |
| Total equity and liabilities | 10/49 | €94,387 | €65,214 | -€29,174 | -30.9% |
| Equity | 10/15 | €82,093 | €2,000 | -€80,093 | -97.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,093 | - | -€80,093 | |
| Amounts payable | 17/49 | €12,294 | €63,214 | +€50,919 | +414% |
| Amounts payable within one year | 42/48 | €12,294 | €63,214 | +€50,919 | +414% |
| Trade debts | 44 | €336 | €518 | +€181 | +53.9% |
| Suppliers | 440/4 | €336 | €518 | +€181 | +53.9% |
| Taxes, remuneration and social security | 45 | €11,958 | €12,539 | +€581 | +4.9% |
| Taxes | 450/3 | €11,958 | €12,539 | +€581 | +4.9% |
| Other amounts payable | 47/48 | - | €50,157 | +€50,157 | |
| Non-recurring operating income | 76A | - | €1,219 | +€1,219 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €541 | €2,649 | +€2,108 | +390% |
| Other operating charges | 640/8 | €1,182 | €938 | -€244 | -20.7% |
| Gross operating margin | 9900 | €105,056 | €73,820 | -€31,236 | -29.7% |
| Operating profit (loss) | 9901 | €103,333 | €70,233 | -€33,100 | -32.0% |
| Financial income | 75/76B | €155 | €84 | -€71 | -45.7% |
| Recurring financial income | 75 | €155 | €84 | -€71 | -45.7% |
| Financial charges | 65/66B | €1,429 | €2,352 | +€923 | +64.6% |
| Recurring financial charges | 65 | €1,429 | €2,352 | +€923 | +64.6% |
| Profit (loss) for the period before taxes | 9903 | €102,059 | €67,965 | -€34,094 | -33.4% |
| Income taxes | 67/77 | €21,966 | €14,821 | -€7,146 | -32.5% |
| Profit (loss) for the period | 9904 | €80,093 | €53,145 | -€26,948 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,093 | €53,145 | -€26,948 | -33.6% |
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 26 October 2026 via checked.be.