SG IT SOLUTIONS: 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 IT SOLUTIONS
Largest movements
- Cash +€48,612
up €48,612 (+21.7%), from €223,507 to €272,120
mainly Other debts (+€99,290) and Net result for the year (+€55,919)
- Receivables within one year +€7,625
up €7,625 (+44.5%), from €17,142 to €24,766
of which Other amounts receivable: +€5,911
- Other debts +€99,290
new in 2025: €99,290
- Reserves -€43,372
down €43,372 (-19.1%), from €227,314 to €183,942
- Gross operating margin -€25,447
down €25,447 (-26.4%), from €96,472 to €71,025
- Taxes -€8,059
down €8,059 (-35.7%), from €22,552 to €14,493
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.
Cash bridge derived
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 | €240,649 | €297,393 | +€56,744 | +23.6% |
| Current assets | 29/58 | €240,649 | €297,393 | +€56,744 | +23.6% |
| Amounts receivable within one year | 40/41 | €17,142 | €24,766 | +€7,625 | +44.5% |
| Trade receivables | 40 | €17,142 | €18,856 | +€1,714 | +10.0% |
| Other amounts receivable | 41 | - | €5,911 | +€5,911 | |
| Cash at bank and in hand | 54/58 | €223,507 | €272,120 | +€48,612 | +21.7% |
| Deferred charges and accrued income | 490/1 | - | €507 | +€507 | |
| Total equity and liabilities | 10/49 | €240,649 | €297,393 | +€56,744 | +23.6% |
| Equity | 10/15 | €230,314 | €186,942 | -€43,372 | -18.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €227,314 | €183,942 | -€43,372 | -19.1% |
| Distributable reserves | 133 | €227,314 | €183,942 | -€43,372 | -19.1% |
| Amounts payable | 17/49 | €10,335 | €110,451 | +€100,116 | +968.7% |
| Amounts payable within one year | 42/48 | €10,335 | €110,426 | +€100,091 | +968.5% |
| Trade debts | 44 | €423 | €186 | -€237 | -56.0% |
| Suppliers | 440/4 | €423 | €186 | -€237 | -56.0% |
| Taxes, remuneration and social security | 45 | €9,912 | €10,949 | +€1,038 | +10.5% |
| Taxes | 450/3 | €9,912 | €10,949 | +€1,038 | +10.5% |
| Other amounts payable | 47/48 | - | €99,290 | +€99,290 | |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €96,472 | €71,025 | -€25,447 | -26.4% |
| Operating profit (loss) | 9901 | €96,085 | €70,626 | -€25,459 | -26.5% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €161 | €220 | +€59 | +36.4% |
| Recurring financial charges | 65 | €161 | €220 | +€59 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €95,924 | €70,412 | -€25,512 | -26.6% |
| Income taxes | 67/77 | €22,552 | €14,493 | -€8,059 | -35.7% |
| Profit (loss) for the period | 9904 | €73,372 | €55,919 | -€17,453 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,372 | €55,919 | -€17,453 | -23.8% |
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 12 October 2026 via checked.be.