An Siebens: 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.
An Siebens
Largest movements
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Cash +€47,068
up €47,068 (+196.3%), from €23,983 to €71,050
mainly Current investments (+€50,000) and Depreciation (+€4,188)
- Receivables within one year +€4,867
up €4,867 (+169.4%), from €2,874 to €7,741
of which Other amounts receivable: +€4,508
- Tangible fixed assets -€3,512
down €3,512 (-41.0%), from €8,568 to €5,055
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€22,652
down €22,652 (-81.6%), from €27,762 to €5,110
- Taxes -€5,520
down €5,520 (-88.8%), from €6,220 to €699
- Financial charges -€729
down €729 (-60.4%), from €1,206 to €477
- Financial income +€686
up €686 (+9801.7%), from €7 to €693
- Depreciation -€535
down €535 (-11.3%), from €4,723 to €4,188
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 | €86,004 | €84,892 | -€1,112 | -1.3% |
| Fixed assets | 21/28 | €8,568 | €5,055 | -€3,512 | -41.0% |
| Tangible fixed assets | 22/27 | €8,568 | €5,055 | -€3,512 | -41.0% |
| Furniture and vehicles | 24 | €8,568 | €5,055 | -€3,512 | -41.0% |
| Current assets | 29/58 | €77,436 | €79,836 | +€2,400 | +3.1% |
| Amounts receivable within one year | 40/41 | €2,874 | €7,741 | +€4,867 | +169.4% |
| Trade receivables | 40 | €2,874 | €3,233 | +€359 | +12.5% |
| Other amounts receivable | 41 | - | €4,508 | +€4,508 | |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €23,983 | €71,050 | +€47,068 | +196.3% |
| Deferred charges and accrued income | 490/1 | €579 | €1,045 | +€466 | +80.4% |
| Total equity and liabilities | 10/49 | €86,004 | €84,892 | -€1,112 | -1.3% |
| Equity | 10/15 | €63,576 | €63,030 | -€546 | -0.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €48,576 | €48,576 | = | 0.0% |
| Distributable reserves | 133 | €48,576 | €48,576 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€546 | -€546 | |
| Amounts payable | 17/49 | €22,428 | €21,862 | -€566 | -2.5% |
| Amounts payable within one year | 42/48 | €20,910 | €20,862 | -€48 | -0.2% |
| Trade debts | 44 | €2,531 | €3,091 | +€560 | +22.1% |
| Suppliers | 440/4 | €2,531 | €3,091 | +€560 | +22.1% |
| Taxes, remuneration and social security | 45 | €8,061 | €7,851 | -€209 | -2.6% |
| Taxes | 450/3 | €8,061 | €7,851 | -€209 | -2.6% |
| Other amounts payable | 47/48 | €10,319 | €9,920 | -€399 | -3.9% |
| Accrued charges and deferred income | 492/3 | €1,517 | €1,000 | -€517 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,723 | €4,188 | -€535 | -11.3% |
| Other operating charges | 640/8 | €895 | €959 | +€64 | +7.2% |
| Non-recurring operating charges | 66A | - | €25 | +€25 | |
| Gross operating margin | 9900 | €27,762 | €5,110 | -€22,652 | -81.6% |
| Operating profit (loss) | 9901 | €22,143 | -€63 | -€22,206 | |
| Financial income | 75/76B | €7 | €693 | +€686 | +9801.7% |
| Recurring financial income | 75 | €7 | €693 | +€686 | +9801.7% |
| Financial charges | 65/66B | €1,206 | €477 | -€729 | -60.4% |
| Recurring financial charges | 65 | €1,206 | €477 | -€729 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €20,944 | €153 | -€20,791 | -99.3% |
| Income taxes | 67/77 | €6,220 | €699 | -€5,520 | -88.8% |
| Profit (loss) for the period | 9904 | €14,725 | -€546 | -€15,271 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,725 | -€546 | -€15,271 |
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 12 October 2026 via checked.be.