SG PARTNER: 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 PARTNER
Largest movements
- Cash -€4,703
no longer reported in 2023 (was €4,703)
mainly Net result for the year (-€7,314) and Other debts (-€760)
- Receivables within one year -€1,202
down €1,202 (-37.1%), from €3,240 to €2,037
- Tangible fixed assets -€106
no longer reported in 2023 (was €106)
- Profit (loss) carried forward -€7,314
down €7,314 (-46.9%), from -€15,609 to -€22,923
- Trade debts +€1,433
up €1,433, from €0 to €1,433
- Other debts -€760
down €760 (-23.8%), from €3,198 to €2,438
- Short-term financial debts +€630
new in 2023: €630
- Purchases and services -€5,018
no longer reported in 2023 (was €5,018)
- Gross operating margin -€1,246
down €1,246 (-24.8%), from -€5,018 to -€6,263
- Financial charges +€759
up €759 (+409.6%), from €185 to €944
- Depreciation -€179
no longer reported in 2023 (was €179)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,049 | €2,037 | -€6,011 | -74.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €106 | - | -€106 | |
| Tangible fixed assets | 22/27 | €106 | - | -€106 | |
| Furniture and vehicles | 24 | €106 | - | -€106 | |
| Current assets | 29/58 | €7,943 | €2,037 | -€5,905 | -74.3% |
| Amounts receivable within one year | 40/41 | €3,240 | €2,037 | -€1,202 | -37.1% |
| Other amounts receivable | 41 | €3,240 | €2,037 | -€1,202 | -37.1% |
| Cash at bank and in hand | 54/58 | €4,703 | - | -€4,703 | |
| Total equity and liabilities | 10/49 | €8,049 | €2,037 | -€6,011 | -74.7% |
| Equity | 10/15 | €4,851 | -€2,463 | -€7,314 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,609 | -€22,923 | -€7,314 | -46.9% |
| Amounts payable | 17/49 | €3,198 | €4,500 | +€1,302 | +40.7% |
| Amounts payable within one year | 42/48 | €3,198 | €4,500 | +€1,302 | +40.7% |
| Financial debts | 43 | - | €630 | +€630 | |
| Credit institutions | 430/8 | - | €630 | +€630 | |
| Trade debts | 44 | €0 | €1,433 | +€1,433 | |
| Suppliers | 440/4 | €0 | €1,433 | +€1,433 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,198 | €2,438 | -€760 | -23.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,018 | - | -€5,018 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179 | - | -€179 | |
| Non-recurring operating charges | 66A | - | €106 | +€106 | |
| Gross operating margin | 9900 | -€5,018 | -€6,263 | -€1,246 | -24.8% |
| Operating profit (loss) | 9901 | -€5,197 | -€6,370 | -€1,173 | -22.6% |
| Financial charges | 65/66B | €185 | €944 | +€759 | +409.6% |
| Recurring financial charges | 65 | €185 | €944 | +€759 | +409.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,382 | -€7,314 | -€1,932 | -35.9% |
| Profit (loss) for the period | 9904 | -€5,382 | -€7,314 | -€1,932 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,382 | -€7,314 | -€1,932 | -35.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.