SGE CONSULTING & 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.
SGE CONSULTING & SERVICES
Largest movements
- Current investments +€26,912
up €26,912 (+19.8%), from €136,000 to €162,912
- Receivables within one year +€15,678
up €15,678 (+49.1%), from €31,931 to €47,609
of which Trade receivables: +€33,117
- Cash -€13,218
down €13,218 (-35.6%), from €37,080 to €23,862
mainly Current investments (-€26,912) and Contributions, distributions and other (-€25,594)
- Tangible fixed assets +€3,438
up €3,438 (+9.7%), from €35,454 to €38,892
of which Furniture and vehicles: +€3,518
- Profit (loss) carried forward +€55,283
up €55,283 (+6,242%), from €886 to €56,168
- Reserves -€24,761
down €24,761 (-11.0%), from €225,371 to €200,610
of which Distributable reserves: -€24,761
- Gross operating margin +€18,508
up €18,508 (+26.0%), from €71,249 to €89,758
- Depreciation +€6,186
up €6,186 (+57.5%), from €10,758 to €16,944
- Financial charges -€912
down €912 (-74.6%), from €1,223 to €311
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 | €243,887 | €273,563 | +€29,676 | +12.2% |
| Fixed assets | 21/28 | €35,459 | €38,897 | +€3,438 | +9.7% |
| Tangible fixed assets | 22/27 | €35,454 | €38,892 | +€3,438 | +9.7% |
| Plant, machinery and equipment | 23 | €3,481 | €1,945 | -€1,536 | -44.1% |
| Furniture and vehicles | 24 | €30,021 | €33,539 | +€3,518 | +11.7% |
| Other tangible fixed assets | 26 | €1,952 | €3,408 | +€1,456 | +74.6% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €208,428 | €234,666 | +€26,238 | +12.6% |
| Stocks and contracts in progress | 3 | €512 | - | -€512 | |
| Stocks | 30/36 | €512 | - | -€512 | |
| Amounts receivable within one year | 40/41 | €31,931 | €47,609 | +€15,678 | +49.1% |
| Trade receivables | 40 | €13,490 | €46,607 | +€33,117 | +245% |
| Other amounts receivable | 41 | €18,441 | €1,003 | -€17,439 | -94.6% |
| Current investments | 50/53 | €136,000 | €162,912 | +€26,912 | +19.8% |
| Cash at bank and in hand | 54/58 | €37,080 | €23,862 | -€13,218 | -35.6% |
| Deferred charges and accrued income | 490/1 | €2,905 | €284 | -€2,621 | -90.2% |
| Total equity and liabilities | 10/49 | €243,887 | €273,563 | +€29,676 | +12.2% |
| Equity | 10/15 | €232,456 | €262,978 | +€30,522 | +13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €225,371 | €200,610 | -€24,761 | -11.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €223,511 | €198,750 | -€24,761 | -11.1% |
| Profit (loss) carried forward | 14 | €886 | €56,168 | +€55,283 | +6,242% |
| Amounts payable | 17/49 | €11,431 | €10,585 | -€846 | -7.4% |
| Amounts payable within one year | 42/48 | €11,431 | €10,585 | -€846 | -7.4% |
| Trade debts | 44 | €403 | €724 | +€321 | +79.5% |
| Suppliers | 440/4 | €403 | €724 | +€321 | +79.5% |
| Taxes, remuneration and social security | 45 | €10,194 | €8,694 | -€1,500 | -14.7% |
| Taxes | 450/3 | €10,194 | €8,694 | -€1,500 | -14.7% |
| Other amounts payable | 47/48 | €833 | €1,166 | +€333 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,758 | €16,944 | +€6,186 | +57.5% |
| Other operating charges | 640/8 | €2,090 | €1,311 | -€779 | -37.3% |
| Gross operating margin | 9900 | €71,249 | €89,758 | +€18,508 | +26.0% |
| Operating profit (loss) | 9901 | €58,401 | €71,503 | +€13,102 | +22.4% |
| Financial income | 75/76B | €806 | €1,468 | +€662 | +82.1% |
| Recurring financial income | 75 | €806 | €1,468 | +€662 | +82.1% |
| Financial charges | 65/66B | €1,223 | €311 | -€912 | -74.6% |
| Recurring financial charges | 65 | €1,223 | €311 | -€912 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €57,985 | €72,660 | +€14,675 | +25.3% |
| Income taxes | 67/77 | €16,958 | €16,544 | -€414 | -2.4% |
| Profit (loss) for the period | 9904 | €41,027 | €56,116 | +€15,089 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,027 | €56,116 | +€15,089 | +36.8% |
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 28 October 2026 via checked.be.