SG13 management: 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.
SG13 management
Largest movements
- Cash +€31,681
up €31,681 (+6,390%), from €496 to €32,177
mainly Receivables within one year (+€23,798) and Net result for the year (+€11,236)
- Receivables within one year -€23,798
down €23,798 (-51.4%), from €46,278 to €22,479
of which Other amounts receivable: -€20,087
- Receivables after one year +€3,218
up €3,218 (+10.7%), from €30,000 to €33,218
of which Other amounts receivable: +€3,218
- Reserves +€10,436
up €10,436 (+43.2%), from €24,146 to €34,583
- Other debts -€3,132
down €3,132 (-3.1%), from €99,752 to €96,620
- Tax, wage and social debts +€1,780
up €1,780 (+32.8%), from €5,430 to €7,210
- Gross operating margin +€7,864
up €7,864 (+116%), from €6,760 to €14,624
- Financial income +€1,433
up €1,433 (+79.6%), from €1,801 to €3,234
- Taxes +€1,354
up €1,354 (+37.3%), from €3,628 to €4,982
- Financial charges -€201
down €201 (-76.6%), from €263 to €61
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,816 | €142,843 | +€10,027 | +7.5% |
| Fixed assets | 21/28 | €56,043 | €54,970 | -€1,073 | -1.9% |
| Tangible fixed assets | 22/27 | €6,043 | €4,970 | -€1,073 | -17.8% |
| Furniture and vehicles | 24 | €6,043 | €4,970 | -€1,073 | -17.8% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €76,774 | €87,874 | +€11,100 | +14.5% |
| Amounts receivable after more than one year | 29 | €30,000 | €33,218 | +€3,218 | +10.7% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €30,000 | €33,218 | +€3,218 | +10.7% |
| Amounts receivable within one year | 40/41 | €46,278 | €22,479 | -€23,798 | -51.4% |
| Trade receivables | 40 | €24,354 | €20,643 | -€3,711 | -15.2% |
| Other amounts receivable | 41 | €21,923 | €1,836 | -€20,087 | -91.6% |
| Cash at bank and in hand | 54/58 | €496 | €32,177 | +€31,681 | +6,390% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €132,816 | €142,843 | +€10,027 | +7.5% |
| Equity | 10/15 | €25,646 | €36,083 | +€10,436 | +40.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €24,146 | €34,583 | +€10,436 | +43.2% |
| Distributable reserves | 133 | €24,146 | €34,583 | +€10,436 | +43.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €107,170 | €106,761 | -€409 | -0.4% |
| Amounts payable within one year | 42/48 | €107,170 | €106,761 | -€409 | -0.4% |
| Financial debts | 43 | €564 | €677 | +€113 | +20.1% |
| Credit institutions | 430/8 | €564 | €677 | +€113 | +20.1% |
| Trade debts | 44 | €1,425 | €2,254 | +€829 | +58.2% |
| Suppliers | 440/4 | €1,425 | €2,254 | +€829 | +58.2% |
| Taxes, remuneration and social security | 45 | €5,430 | €7,210 | +€1,780 | +32.8% |
| Taxes | 450/3 | €5,430 | €7,210 | +€1,780 | +32.8% |
| Other amounts payable | 47/48 | €99,752 | €96,620 | -€3,132 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,073 | €1,073 | = | 0.0% |
| Other operating charges | 640/8 | €493 | €505 | +€12 | +2.4% |
| Gross operating margin | 9900 | €6,760 | €14,624 | +€7,864 | +116% |
| Operating profit (loss) | 9901 | €5,194 | €13,046 | +€7,852 | +151% |
| Financial income | 75/76B | €1,801 | €3,234 | +€1,433 | +79.6% |
| Recurring financial income | 75 | €1,801 | €3,234 | +€1,433 | +79.6% |
| Financial charges | 65/66B | €263 | €61 | -€201 | -76.6% |
| Recurring financial charges | 65 | €263 | €61 | -€201 | -76.6% |
| Profit (loss) for the period before taxes | 9903 | €6,732 | €16,218 | +€9,486 | +141% |
| Income taxes | 67/77 | €3,628 | €4,982 | +€1,354 | +37.3% |
| Profit (loss) for the period | 9904 | €3,104 | €11,236 | +€8,132 | +262% |
| Profit (loss) for the period to be appropriated | 9905 | €3,104 | €11,236 | +€8,132 | +262% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.