SG TAX CONSULT: 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 TAX CONSULT
Largest movements
- Receivables within one year -€10,810
down €10,810 (-31.0%), from €34,824 to €24,014
- Tangible fixed assets -€6,401
down €6,401 (-22.3%), from €28,700 to €22,299
of which Furniture and vehicles: -€6,085
- Cash +€4,930
up €4,930 (+3.0%), from €166,123 to €171,053
mainly Net result for the year (+€62,752) and Receivables within one year (+€10,810)
- Other debts -€55,588
down €55,588 (-78.8%), from €70,588 to €15,000
- Profit (loss) carried forward +€47,752
up €47,752 (+33.4%), from €143,018 to €190,769
- Tax, wage and social debts -€4,417
down €4,417 (-27.9%), from €15,848 to €11,431
of which Taxes: -€4,417
- Depreciation +€3,975
up €3,975 (+164%), from €2,426 to €6,401
- Gross operating margin -€2,435
down €2,435 (-2.7%), from €89,377 to €86,942
- Taxes -€1,114
down €1,114 (-6.1%), from €18,288 to €17,174
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 | €230,454 | €219,328 | -€11,126 | -4.8% |
| Fixed assets | 21/28 | €28,700 | €22,299 | -€6,401 | -22.3% |
| Tangible fixed assets | 22/27 | €28,700 | €22,299 | -€6,401 | -22.3% |
| Furniture and vehicles | 24 | €28,315 | €22,230 | -€6,085 | -21.5% |
| Other tangible fixed assets | 26 | €385 | €69 | -€316 | -82.0% |
| Current assets | 29/58 | €201,754 | €197,029 | -€4,725 | -2.3% |
| Amounts receivable within one year | 40/41 | €34,824 | €24,014 | -€10,810 | -31.0% |
| Trade receivables | 40 | €34,824 | €24,014 | -€10,810 | -31.0% |
| Cash at bank and in hand | 54/58 | €166,123 | €171,053 | +€4,930 | +3.0% |
| Deferred charges and accrued income | 490/1 | €807 | €1,962 | +€1,154 | +143% |
| Total equity and liabilities | 10/49 | €230,454 | €219,328 | -€11,126 | -4.8% |
| Equity | 10/15 | €144,018 | €191,769 | +€47,752 | +33.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,018 | €190,769 | +€47,752 | +33.4% |
| Amounts payable | 17/49 | €86,437 | €27,559 | -€58,878 | -68.1% |
| Amounts payable within one year | 42/48 | €86,437 | €27,559 | -€58,878 | -68.1% |
| Trade debts | 44 | €1 | €1,128 | +€1,127 | +100,656% |
| Suppliers | 440/4 | €1 | €1,128 | +€1,127 | +100,656% |
| Taxes, remuneration and social security | 45 | €15,848 | €11,431 | -€4,417 | -27.9% |
| Taxes | 450/3 | €15,848 | €11,431 | -€4,417 | -27.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €70,588 | €15,000 | -€55,588 | -78.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,426 | €6,401 | +€3,975 | +164% |
| Other operating charges | 640/8 | €684 | €570 | -€114 | -16.7% |
| Gross operating margin | 9900 | €89,377 | €86,942 | -€2,435 | -2.7% |
| Operating profit (loss) | 9901 | €86,267 | €79,971 | -€6,296 | -7.3% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €558 | €47 | -€511 | -91.6% |
| Recurring financial charges | 65 | €558 | €47 | -€511 | -91.6% |
| Profit (loss) for the period before taxes | 9903 | €85,709 | €79,926 | -€5,783 | -6.7% |
| Income taxes | 67/77 | €18,288 | €17,174 | -€1,114 | -6.1% |
| Profit (loss) for the period | 9904 | €67,421 | €62,752 | -€4,669 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,421 | €62,752 | -€4,669 | -6.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.