SGL infi: 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.
SGL infi
Largest movements
- Cash +€17,738
up €17,738 (+131%), from €13,493 to €31,231
mainly Net result for the year (+€22,866) and Tax, wage and social debts (+€2,245)
- Receivables within one year +€3,536
up €3,536 (+10.1%), from €34,969 to €38,506
of which Other amounts receivable: +€2,500
- Tangible fixed assets +€2,301
up €2,301 (+27.1%), from €8,477 to €10,778
- Profit (loss) carried forward +€22,866
up €22,866 (+48.9%), from €46,773 to €69,639
- Tax, wage and social debts +€2,245
up €2,245 (+60.3%), from €3,721 to €5,965
of which Remuneration and social security: +€3,467
- Trade debts -€1,746
down €1,746 (-34.2%), from €5,107 to €3,361
- Gross operating margin +€23,633
up €23,633 (+102%), from €23,061 to €46,694
- Other operating charges +€3,763
up €3,763 (+284%), from €1,323 to €5,086
- Staff costs +€2,333
up €2,333 (+53.5%), from €4,361 to €6,694
- Taxes +€1,779
up €1,779 (+37.7%), from €4,721 to €6,500
- Depreciation +€1,046
up €1,046 (+186%), from €562 to €1,607
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 | €56,939 | €80,515 | +€23,576 | +41.4% |
| Fixed assets | 21/28 | €8,477 | €10,778 | +€2,301 | +27.1% |
| Tangible fixed assets | 22/27 | €8,477 | €10,778 | +€2,301 | +27.1% |
| Plant, machinery and equipment | 23 | €8,477 | €10,778 | +€2,301 | +27.1% |
| Current assets | 29/58 | €48,462 | €69,737 | +€21,275 | +43.9% |
| Amounts receivable within one year | 40/41 | €34,969 | €38,506 | +€3,536 | +10.1% |
| Trade receivables | 40 | €34,969 | €36,006 | +€1,036 | +3.0% |
| Other amounts receivable | 41 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €13,493 | €31,231 | +€17,738 | +131% |
| Total equity and liabilities | 10/49 | €56,939 | €80,515 | +€23,576 | +41.4% |
| Equity | 10/15 | €48,073 | €70,939 | +€22,866 | +47.6% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,773 | €69,639 | +€22,866 | +48.9% |
| Amounts payable | 17/49 | €8,866 | €9,576 | +€710 | +8.0% |
| Amounts payable within one year | 42/48 | €8,866 | €9,576 | +€710 | +8.0% |
| Trade debts | 44 | €5,107 | €3,361 | -€1,746 | -34.2% |
| Suppliers | 440/4 | €5,107 | €3,361 | -€1,746 | -34.2% |
| Taxes, remuneration and social security | 45 | €3,721 | €5,965 | +€2,245 | +60.3% |
| Taxes | 450/3 | €3,721 | €2,498 | -€1,222 | -32.9% |
| Remuneration and social security | 454/9 | - | €3,467 | +€3,467 | |
| Other amounts payable | 47/48 | €39 | €250 | +€212 | +548% |
| Remuneration, social security and pensions | 62 | €4,361 | €6,694 | +€2,333 | +53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €562 | €1,607 | +€1,046 | +186% |
| Other operating charges | 640/8 | €1,323 | €5,086 | +€3,763 | +284% |
| Gross operating margin | 9900 | €23,061 | €46,694 | +€23,633 | +102% |
| Operating profit (loss) | 9901 | €16,816 | €33,307 | +€16,491 | +98.1% |
| Financial income | 75/76B | €0 | €37 | +€37 | +93,600% |
| Recurring financial income | 75 | €0 | €37 | +€37 | +93,600% |
| Financial charges | 65/66B | €4,947 | €3,979 | -€968 | -19.6% |
| Recurring financial charges | 65 | €4,947 | €2,728 | -€2,220 | -44.9% |
| Non-recurring financial charges | 66B | - | €1,251 | +€1,251 | |
| Profit (loss) for the period before taxes | 9903 | €11,868 | €29,366 | +€17,497 | +147% |
| Income taxes | 67/77 | €4,721 | €6,500 | +€1,779 | +37.7% |
| Profit (loss) for the period | 9904 | €7,148 | €22,866 | +€15,718 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €7,148 | €22,866 | +€15,718 | +220% |
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.