SG Consulting 2.0: 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 Consulting 2.0
Largest movements
- Receivables within one year -€262,877
down €262,877 (-96.5%), from €272,527 to €9,650
- Tangible fixed assets -€9,574
down €9,574 (-9.2%), from €103,780 to €94,206
of which Land and buildings: -€8,404
- Other debts -€246,575
down €246,575 (-86.0%), from €286,660 to €40,086
- Debts after one year -€11,907
no longer reported in 2025 (was €11,907)
- Profit (loss) carried forward -€9,640
new in 2025: -€9,640
- Tax, wage and social debts -€4,239
down €4,239 (-26.2%), from €16,174 to €11,935
- Gross operating margin -€73,997
down €73,997 (-97.3%), from €76,070 to €2,073
- Depreciation -€19,381
down €19,381 (-66.9%), from €28,955 to €9,574
- Taxes -€11,935
no longer reported in 2025 (was €11,935)
- Financial charges -€1,626
down €1,626 (-67.8%), from €2,397 to €772
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 | €376,753 | €104,540 | -€272,213 | -72.3% |
| Fixed assets | 21/28 | €103,780 | €94,206 | -€9,574 | -9.2% |
| Tangible fixed assets | 22/27 | €103,780 | €94,206 | -€9,574 | -9.2% |
| Land and buildings | 22 | €77,437 | €69,033 | -€8,404 | -10.9% |
| Furniture and vehicles | 24 | €26,343 | €25,173 | -€1,170 | -4.4% |
| Current assets | 29/58 | €272,974 | €10,334 | -€262,639 | -96.2% |
| Amounts receivable within one year | 40/41 | €272,527 | €9,650 | -€262,877 | -96.5% |
| Other amounts receivable | 41 | €272,527 | €9,650 | -€262,877 | -96.5% |
| Cash at bank and in hand | 54/58 | €86 | €218 | +€132 | +153% |
| Deferred charges and accrued income | 490/1 | €360 | €466 | +€106 | +29.4% |
| Total equity and liabilities | 10/49 | €376,753 | €104,540 | -€272,213 | -72.3% |
| Equity | 10/15 | €47,628 | €37,989 | -€9,640 | -20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,028 | €29,028 | = | 0.0% |
| Distributable reserves | 133 | €29,028 | €29,028 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,640 | -€9,640 | |
| Amounts payable | 17/49 | €329,125 | €66,551 | -€262,573 | -79.8% |
| Amounts payable after more than one year | 17 | €11,907 | - | -€11,907 | |
| Financial debts | 170/4 | €11,907 | - | -€11,907 | |
| Amounts payable within one year | 42/48 | €317,218 | €66,551 | -€250,666 | -79.0% |
| Current portion of amounts payable after more than one year | 42 | €12,771 | €12,980 | +€209 | +1.6% |
| Trade debts | 44 | €1,613 | €1,551 | -€62 | -3.8% |
| Suppliers | 440/4 | €1,613 | €1,551 | -€62 | -3.8% |
| Taxes, remuneration and social security | 45 | €16,174 | €11,935 | -€4,239 | -26.2% |
| Taxes | 450/3 | €16,174 | €11,935 | -€4,239 | -26.2% |
| Other amounts payable | 47/48 | €286,660 | €40,086 | -€246,575 | -86.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,955 | €9,574 | -€19,381 | -66.9% |
| Other operating charges | 640/8 | €1,327 | €1,368 | +€41 | +3.1% |
| Gross operating margin | 9900 | €76,070 | €2,073 | -€73,997 | -97.3% |
| Operating profit (loss) | 9901 | €45,788 | -€8,868 | -€54,656 | |
| Financial income | 75/76B | €515 | - | -€515 | |
| Recurring financial income | 75 | €217 | - | -€217 | |
| Non-recurring financial income | 76B | €297 | - | -€297 | |
| Financial charges | 65/66B | €2,397 | €772 | -€1,626 | -67.8% |
| Recurring financial charges | 65 | €2,397 | €772 | -€1,626 | -67.8% |
| Profit (loss) for the period before taxes | 9903 | €43,906 | -€9,640 | -€53,546 | |
| Income taxes | 67/77 | €11,935 | - | -€11,935 | |
| Profit (loss) for the period | 9904 | €31,971 | -€9,640 | -€41,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,971 | -€9,640 | -€41,610 |
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 29 October 2026 via checked.be.