SG QUALITY SERVICES: 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 QUALITY SERVICES
Largest movements
- Cash -€1,043
down €1,043 (-99.9%), from €1,043 to €1
mainly Net result for the year (-€3,273) and Trade debts (-€225)
- Tangible fixed assets -€675
down €675 (-72.3%), from €933 to €258
- Deferred charges and accrued income -€346
no longer reported in 2025 (was €346)
- Profit (loss) carried forward -€3,273
down €3,273 (-57.5%), from -€5,690 to -€8,964
- Other debts +€1,161
up €1,161 (+28.9%), from €4,015 to €5,176
- Tax, wage and social debts +€273
up €273 (+85.5%), from €319 to €592
of which Remuneration and social security: +€440
- Trade debts -€225
down €225 (-91.2%), from €247 to €22
- Gross operating margin -€799
down €799 (-60.3%), from -€1,325 to -€2,123
- Other operating charges -€626
down €626 (-56.9%), from €1,101 to €475
- Financial charges -€50
no longer reported in 2025 (was €50)
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 | €2,391 | €327 | -€2,064 | -86.3% |
| Fixed assets | 21/28 | €933 | €258 | -€675 | -72.3% |
| Tangible fixed assets | 22/27 | €933 | €258 | -€675 | -72.3% |
| Furniture and vehicles | 24 | €933 | €258 | -€675 | -72.3% |
| Current assets | 29/58 | €1,457 | €69 | -€1,389 | -95.3% |
| Amounts receivable within one year | 40/41 | €68 | €68 | = | 0.0% |
| Other amounts receivable | 41 | €68 | €68 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,043 | €1 | -€1,043 | -99.9% |
| Deferred charges and accrued income | 490/1 | €346 | - | -€346 | |
| Total equity and liabilities | 10/49 | €2,391 | €327 | -€2,064 | -86.3% |
| Equity | 10/15 | -€2,190 | -€5,464 | -€3,273 | -149% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,690 | -€8,964 | -€3,273 | -57.5% |
| Amounts payable | 17/49 | €4,581 | €5,790 | +€1,209 | +26.4% |
| Amounts payable within one year | 42/48 | €4,581 | €5,790 | +€1,209 | +26.4% |
| Trade debts | 44 | €247 | €22 | -€225 | -91.2% |
| Suppliers | 440/4 | €247 | €22 | -€225 | -91.2% |
| Taxes, remuneration and social security | 45 | €319 | €592 | +€273 | +85.5% |
| Taxes | 450/3 | €167 | - | -€167 | |
| Remuneration and social security | 454/9 | €152 | €592 | +€440 | +289% |
| Other amounts payable | 47/48 | €4,015 | €5,176 | +€1,161 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €675 | €675 | = | 0.0% |
| Other operating charges | 640/8 | €1,101 | €475 | -€626 | -56.9% |
| Gross operating margin | 9900 | -€1,325 | -€2,123 | -€799 | -60.3% |
| Operating profit (loss) | 9901 | -€3,100 | -€3,273 | -€173 | -5.6% |
| Financial charges | 65/66B | €50 | - | -€50 | |
| Recurring financial charges | 65 | €50 | - | -€50 | |
| Profit (loss) for the period before taxes | 9903 | -€3,150 | -€3,273 | -€123 | -3.9% |
| Profit (loss) for the period | 9904 | -€3,150 | -€3,273 | -€123 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,150 | -€3,273 | -€123 | -3.9% |
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.