SG² CONSULTING: 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.
SG² CONSULTING
Largest movements
- Cash -€21,093
down €21,093 (-59.5%), from €35,475 to €14,382
mainly Contributions, distributions and other (-€61,489) and Trade debts (-€24,767)
- Receivables within one year +€5,485
up €5,485 (+6.2%), from €88,500 to €93,984
of which Trade receivables: +€31,454
- Tangible fixed assets -€1,734
down €1,734 (-53.3%), from €3,252 to €1,518
- Other debts +€51,848
up €51,848 (+5,495%), from €944 to €52,792
- Profit (loss) carried forward -€44,232
down €44,232 (-100%), from €44,232 to €0
- Trade debts -€24,767
down €24,767 (-96.2%), from €25,746 to €979
- Debts after one year -€9,850
down €9,850 (-33.2%), from €29,706 to €19,856
- Tax, wage and social debts +€5,792
up €5,792 (+43.0%), from €13,484 to €19,276
- Gross operating margin +€30,337
up €30,337, from -€929 to €29,408
- Taxes +€4,517
up €4,517 (+304%), from €1,488 to €6,004
- Financial charges +€1,425
up €1,425 (+285%), from €500 to €1,925
- Other operating charges +€905
up €905 (+92.1%), from €982 to €1,887
- Financial income -€826
down €826 (-100.0%), from €826 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 | €127,376 | €109,884 | -€17,492 | -13.7% |
| Fixed assets | 21/28 | €3,402 | €1,518 | -€1,884 | -55.4% |
| Tangible fixed assets | 22/27 | €3,252 | €1,518 | -€1,734 | -53.3% |
| Furniture and vehicles | 24 | €3,252 | €1,518 | -€1,734 | -53.3% |
| Financial fixed assets | 28 | €150 | €0 | -€150 | -100% |
| Current assets | 29/58 | €123,975 | €108,367 | -€15,608 | -12.6% |
| Amounts receivable within one year | 40/41 | €88,500 | €93,984 | +€5,485 | +6.2% |
| Trade receivables | 40 | €34,546 | €66,000 | +€31,454 | +91.1% |
| Other amounts receivable | 41 | €53,954 | €27,984 | -€25,969 | -48.1% |
| Cash at bank and in hand | 54/58 | €35,475 | €14,382 | -€21,093 | -59.5% |
| Total equity and liabilities | 10/49 | €127,376 | €109,884 | -€17,492 | -13.7% |
| Equity | 10/15 | €45,732 | €1,500 | -€44,232 | -96.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,232 | €0 | -€44,232 | -100% |
| Amounts payable | 17/49 | €81,645 | €108,384 | +€26,739 | +32.8% |
| Amounts payable after more than one year | 17 | €29,706 | €19,856 | -€9,850 | -33.2% |
| Financial debts | 170/4 | €29,706 | €19,856 | -€9,850 | -33.2% |
| Amounts payable within one year | 42/48 | €51,938 | €88,528 | +€36,589 | +70.4% |
| Current portion of amounts payable after more than one year | 42 | €9,516 | €13,231 | +€3,716 | +39.1% |
| Trade debts | 44 | €25,746 | €979 | -€24,767 | -96.2% |
| Suppliers | 440/4 | €25,746 | €979 | -€24,767 | -96.2% |
| Advances received on contracts in progress | 46 | €2,250 | €2,250 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €13,484 | €19,276 | +€5,792 | +43.0% |
| Taxes | 450/3 | €13,484 | €19,276 | +€5,792 | +43.0% |
| Other amounts payable | 47/48 | €944 | €52,792 | +€51,848 | +5,495% |
| Remuneration, social security and pensions | 62 | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,519 | €1,734 | +€215 | +14.2% |
| Other operating charges | 640/8 | €982 | €1,887 | +€905 | +92.1% |
| Gross operating margin | 9900 | -€929 | €29,408 | +€30,337 | |
| Operating profit (loss) | 9901 | -€3,431 | €25,187 | +€28,618 | |
| Financial income | 75/76B | €826 | €0 | -€826 | -100.0% |
| Recurring financial income | 75 | €826 | €0 | -€826 | -100.0% |
| Financial charges | 65/66B | €500 | €1,925 | +€1,425 | +285% |
| Recurring financial charges | 65 | €500 | €1,925 | +€1,425 | +285% |
| Profit (loss) for the period before taxes | 9903 | -€3,105 | €23,261 | +€26,367 | |
| Income taxes | 67/77 | €1,488 | €6,004 | +€4,517 | +304% |
| Profit (loss) for the period | 9904 | -€4,593 | €17,257 | +€21,850 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,593 | €17,257 | +€21,850 |
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 17 October 2026 via checked.be.