De Siroperie: what changed
De Siroperie
Largest movements
- Cash +€6,716
up €6,716 (+1,035%), from €649 to €7,365
mainly Receivables within one year (+€5,749) and Net result for the year (+€5,746)
- Receivables within one year -€5,749
down €5,749 (-17.8%), from €32,314 to €26,564
of which Trade receivables: -€4,171
- Stocks and contracts +€2,244
up €2,244 (+18.4%), from €12,176 to €14,420
- Intangible fixed assets -€676
down €676 (-21.4%), from €3,154 to €2,478
- Trade debts -€11,553
down €11,553 (-41.0%), from €28,168 to €16,615
- Reserves +€5,746
up €5,746 (+88.2%), from €6,519 to €12,265
- Tax, wage and social debts +€4,727
up €4,727 (+185%), from €2,557 to €7,284
of which Remuneration and social security: +€2,602
- Other debts +€3,756
up €3,756 (+13.9%), from €26,943 to €30,699
- Gross operating margin +€9,981
up €9,981 (+30.3%), from €32,980 to €42,961
- Staff costs +€8,960
up €8,960 (+42.2%), from €21,217 to €30,177
- Depreciation +€1,097
up €1,097 (+50.7%), from €2,166 to €3,263
- Other operating charges +€819
up €819 (+132%), from €620 to €1,439
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,287 | €66,964 | +€2,677 | +4.2% |
| Formation expenses | 20 | €1,837 | €1,365 | -€471 | -25.7% |
| Fixed assets | 21/28 | €17,312 | €17,120 | -€192 | -1.1% |
| Intangible fixed assets | 21 | €3,154 | €2,478 | -€676 | -21.4% |
| Tangible fixed assets | 22/27 | €14,158 | €14,642 | +€484 | +3.4% |
| Land and buildings | 22 | €763 | €678 | -€85 | -11.1% |
| Plant, machinery and equipment | 23 | €13,394 | €13,963 | +€569 | +4.2% |
| Current assets | 29/58 | €45,138 | €48,478 | +€3,340 | +7.4% |
| Stocks and contracts in progress | 3 | €12,176 | €14,420 | +€2,244 | +18.4% |
| Stocks | 30/36 | €12,176 | €14,420 | +€2,244 | +18.4% |
| Amounts receivable within one year | 40/41 | €32,314 | €26,564 | -€5,749 | -17.8% |
| Trade receivables | 40 | €26,497 | €22,326 | -€4,171 | -15.7% |
| Other amounts receivable | 41 | €5,817 | €4,239 | -€1,578 | -27.1% |
| Cash at bank and in hand | 54/58 | €649 | €7,365 | +€6,716 | +1,035% |
| Deferred charges and accrued income | 490/1 | - | €129 | +€129 | |
| Total equity and liabilities | 10/49 | €64,287 | €66,964 | +€2,677 | +4.2% |
| Equity | 10/15 | €6,619 | €12,365 | +€5,746 | +86.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €6,519 | €12,265 | +€5,746 | +88.2% |
| Distributable reserves | 133 | €6,519 | €12,265 | +€5,746 | +88.2% |
| Amounts payable | 17/49 | €57,668 | €54,598 | -€3,070 | -5.3% |
| Amounts payable within one year | 42/48 | €57,668 | €54,598 | -€3,070 | -5.3% |
| Trade debts | 44 | €28,168 | €16,615 | -€11,553 | -41.0% |
| Suppliers | 440/4 | €28,168 | €16,615 | -€11,553 | -41.0% |
| Taxes, remuneration and social security | 45 | €2,557 | €7,284 | +€4,727 | +185% |
| Taxes | 450/3 | - | €2,125 | +€2,125 | |
| Remuneration and social security | 454/9 | €2,557 | €5,159 | +€2,602 | +102% |
| Other amounts payable | 47/48 | €26,943 | €30,699 | +€3,756 | +13.9% |
| Remuneration, social security and pensions | 62 | €21,217 | €30,177 | +€8,960 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,166 | €3,263 | +€1,097 | +50.7% |
| Other operating charges | 640/8 | €620 | €1,439 | +€819 | +132% |
| Gross operating margin | 9900 | €32,980 | €42,961 | +€9,981 | +30.3% |
| Operating profit (loss) | 9901 | €8,976 | €8,082 | -€894 | -10.0% |
| Financial income | 75/76B | €24 | €17 | -€8 | -31.9% |
| Recurring financial income | 75 | €24 | €17 | -€8 | -31.9% |
| Financial charges | 65/66B | €38 | €227 | +€189 | +498% |
| Recurring financial charges | 65 | €38 | €227 | +€189 | +498% |
| Profit (loss) for the period before taxes | 9903 | €8,963 | €7,872 | -€1,091 | -12.2% |
| Income taxes | 67/77 | €2,444 | €2,125 | -€319 | -13.0% |
| Profit (loss) for the period | 9904 | €6,519 | €5,746 | -€772 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,519 | €5,746 | -€772 | -11.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.