SGF IMMO 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.
SGF IMMO CONSULT
Largest movements
- Cash +€5,932
up €5,932 (+6,603%), from €90 to €6,022
mainly Tax, wage and social debts (+€4,269) and Receivables within one year (+€1,271)
- Receivables within one year -€1,271
down €1,271 (-5.9%), from €21,719 to €20,448
of which Other amounts receivable: -€3,235
- Deferred charges and accrued income -€359
no longer reported in 2025 (was €359)
- Tax, wage and social debts +€4,269
up €4,269 (+85.6%), from €4,987 to €9,257
of which Taxes: +€2,579
- Gross operating margin +€7,509
up €7,509 (+43.8%), from €17,144 to €24,654
- Staff costs +€6,903
up €6,903 (+43.2%), from €15,969 to €22,872
- Taxes +€1,380
up €1,380 (+508%), from €272 to €1,652
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 | €22,167 | €26,470 | +€4,303 | +19.4% |
| Current assets | 29/58 | €22,167 | €26,470 | +€4,303 | +19.4% |
| Amounts receivable within one year | 40/41 | €21,719 | €20,448 | -€1,271 | -5.9% |
| Trade receivables | 40 | €12,774 | €14,738 | +€1,964 | +15.4% |
| Other amounts receivable | 41 | €8,945 | €5,710 | -€3,235 | -36.2% |
| Cash at bank and in hand | 54/58 | €90 | €6,022 | +€5,932 | +6,603% |
| Deferred charges and accrued income | 490/1 | €359 | - | -€359 | |
| Total equity and liabilities | 10/49 | €22,167 | €26,470 | +€4,303 | +19.4% |
| Equity | 10/15 | €17,180 | €17,213 | +€33 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,420 | -€1,387 | +€33 | +2.4% |
| Amounts payable | 17/49 | €4,987 | €9,257 | +€4,269 | +85.6% |
| Amounts payable within one year | 42/48 | €4,987 | €9,257 | +€4,269 | +85.6% |
| Taxes, remuneration and social security | 45 | €4,987 | €9,257 | +€4,269 | +85.6% |
| Taxes | 450/3 | €3,409 | €5,989 | +€2,579 | +75.7% |
| Remuneration and social security | 454/9 | €1,578 | €3,268 | +€1,690 | +107% |
| Remuneration, social security and pensions | 62 | €15,969 | €22,872 | +€6,903 | +43.2% |
| Gross operating margin | 9900 | €17,144 | €24,654 | +€7,509 | +43.8% |
| Operating profit (loss) | 9901 | €1,176 | €1,782 | +€606 | +51.5% |
| Financial charges | 65/66B | €56 | €97 | +€41 | +73.1% |
| Recurring financial charges | 65 | €56 | €97 | +€41 | +73.1% |
| Profit (loss) for the period before taxes | 9903 | €1,120 | €1,685 | +€565 | +50.5% |
| Income taxes | 67/77 | €272 | €1,652 | +€1,380 | +508% |
| Profit (loss) for the period | 9904 | €848 | €33 | -€815 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €848 | €33 | -€815 | -96.1% |
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 17 October 2026 via checked.be.