SGRIN: what changed
Two fiscal 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.
SGRIN
Largest movements
- Cash +€69,901
up €69,901 (+52.5%), from €133,222 to €203,124
mainly Net result for the year (+€54,634) and Tax, wage and social debts (+€23,696)
- Receivables within one year +€5,153
up €5,153 (+54.2%), from €9,502 to €14,655
of which Trade receivables: +€7,080
- Tangible fixed assets +€5,073
up €5,073 (+278.3%), from €1,823 to €6,896
of which Furniture and vehicles: +€5,228
- Reserves +€54,634
up €54,634 (+38.8%), from €140,693 to €195,327
- Tax, wage and social debts +€23,696
up €23,696 (+2561.7%), from €925 to €24,621
- Gross operating margin +€30,858
up €30,858 (+61.7%), from €50,031 to €80,889
- Taxes +€13,069
up €13,069 (+137.0%), from €9,537 to €22,606
- Write-downs -€4,126
down €4,126 (-100.0%), from €4,126 to €0
- Depreciation +€1,780
up €1,780 (+125.3%), from €1,420 to €3,200
- Financial income +€817
up €817, from €0 to €817
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.
Cash bridge derived
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 | €145,756 | €225,281 | +€79,525 | +54.6% |
| Fixed assets | 21/28 | €1,823 | €6,896 | +€5,073 | +278.3% |
| Tangible fixed assets | 22/27 | €1,823 | €6,896 | +€5,073 | +278.3% |
| Plant, machinery and equipment | 23 | €317 | €163 | -€154 | -48.7% |
| Furniture and vehicles | 24 | €1,506 | €6,734 | +€5,228 | +347.2% |
| Current assets | 29/58 | €143,933 | €218,384 | +€74,451 | +51.7% |
| Amounts receivable within one year | 40/41 | €9,502 | €14,655 | +€5,153 | +54.2% |
| Trade receivables | 40 | €7,575 | €14,655 | +€7,080 | +93.5% |
| Other amounts receivable | 41 | €1,927 | €0 | -€1,927 | -100.0% |
| Cash at bank and in hand | 54/58 | €133,222 | €203,124 | +€69,901 | +52.5% |
| Deferred charges and accrued income | 490/1 | €1,209 | €606 | -€603 | -49.9% |
| Total equity and liabilities | 10/49 | €145,756 | €225,281 | +€79,525 | +54.6% |
| Equity | 10/15 | €141,693 | €196,327 | +€54,634 | +38.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €140,693 | €195,327 | +€54,634 | +38.8% |
| Distributable reserves | 133 | €140,693 | €195,327 | +€54,634 | +38.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,063 | €28,954 | +€24,890 | +612.5% |
| Amounts payable within one year | 42/48 | €4,063 | €28,954 | +€24,890 | +612.5% |
| Trade debts | 44 | €1,175 | €2,660 | +€1,485 | +126.5% |
| Suppliers | 440/4 | €1,175 | €2,660 | +€1,485 | +126.5% |
| Taxes, remuneration and social security | 45 | €925 | €24,621 | +€23,696 | +2561.7% |
| Taxes | 450/3 | €925 | €24,621 | +€23,696 | +2561.7% |
| Other amounts payable | 47/48 | €1,964 | €1,673 | -€291 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,420 | €3,200 | +€1,780 | +125.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,126 | €0 | -€4,126 | -100.0% |
| Other operating charges | 640/8 | €1,130 | €1,166 | +€36 | +3.2% |
| Gross operating margin | 9900 | €50,031 | €80,889 | +€30,858 | +61.7% |
| Operating profit (loss) | 9901 | €43,356 | €76,523 | +€33,168 | +76.5% |
| Financial income | 75/76B | €0 | €817 | +€817 | |
| Recurring financial income | 75 | €0 | €817 | +€817 | |
| Financial charges | 65/66B | €354 | €100 | -€254 | -71.7% |
| Recurring financial charges | 65 | €354 | €100 | -€254 | -71.7% |
| Profit (loss) for the period before taxes | 9903 | €43,002 | €77,240 | +€34,238 | +79.6% |
| Income taxes | 67/77 | €9,537 | €22,606 | +€13,069 | +137.0% |
| Profit (loss) for the period | 9904 | €33,465 | €54,634 | +€21,169 | +63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,465 | €54,634 | +€21,169 | +63.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.