Ets SION: 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.
Ets SION
Largest movements
- Receivables within one year +€38,622
up €38,622 (+64.8%), from €59,620 to €98,242
of which Trade receivables: +€33,400
- Tangible fixed assets -€25,960
down €25,960 (-8.3%), from €313,676 to €287,716
- Stocks and contracts +€16,554
up €16,554 (+3.7%), from €445,263 to €461,817
- Cash +€11,592
up €11,592 (+29.0%), from €40,016 to €51,608
mainly Depreciation (+€95,916) and Debts after one year (+€78,906)
- Debts after one year +€78,906
up €78,906 (+60.8%), from €129,809 to €208,716
- Other debts -€65,691
down €65,691 (-54.9%), from €119,691 to €54,000
- Advances received -€24,681
down €24,681 (-69.5%), from €35,515 to €10,833
- Tax, wage and social debts +€24,390
up €24,390 (+170.3%), from €14,323 to €38,713
of which Remuneration and social security: +€14,055
- Current portion of long-term debt +€22,716
up €22,716 (+45.5%), from €49,915 to €72,631
- Gross operating margin +€154,100
up €154,100 (+31.7%), from €485,388 to €639,488
- Turnover +€149,658
up €149,658 (+11.4%), from €1.3m to €1.5m
- Staff costs +€105,620
up €105,620 (+30.3%), from €348,974 to €454,594
- Write-downs -€24,060
down €24,060, from €10,719 to -€13,341
- Purchases and services -€20,356
down €20,356 (-2.3%), from €869,317 to €848,961
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 | €882,206 | €923,424 | +€41,218 | +4.7% |
| Formation expenses | 20 | €693 | €253 | -€439 | -63.4% |
| Fixed assets | 21/28 | €325,723 | €297,847 | -€27,876 | -8.6% |
| Intangible fixed assets | 21 | €11,872 | €9,957 | -€1,916 | -16.1% |
| Tangible fixed assets | 22/27 | €313,676 | €287,716 | -€25,960 | -8.3% |
| Land and buildings | 22 | €3,321 | €3,126 | -€195 | -5.9% |
| Plant, machinery and equipment | 23 | €55,719 | €45,444 | -€10,275 | -18.4% |
| Furniture and vehicles | 24 | €102,003 | €106,772 | +€4,769 | +4.7% |
| Leasing and similar rights | 25 | €44,201 | €34,426 | -€9,775 | -22.1% |
| Other tangible fixed assets | 26 | €108,432 | €97,948 | -€10,484 | -9.7% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €555,790 | €625,324 | +€69,533 | +12.5% |
| Stocks and contracts in progress | 3 | €445,263 | €461,817 | +€16,554 | +3.7% |
| Stocks | 30/36 | €445,263 | €461,817 | +€16,554 | +3.7% |
| Amounts receivable within one year | 40/41 | €59,620 | €98,242 | +€38,622 | +64.8% |
| Trade receivables | 40 | €43,898 | €77,298 | +€33,400 | +76.1% |
| Other amounts receivable | 41 | €15,722 | €20,943 | +€5,222 | +33.2% |
| Cash at bank and in hand | 54/58 | €40,016 | €51,608 | +€11,592 | +29.0% |
| Deferred charges and accrued income | 490/1 | €10,891 | €13,657 | +€2,766 | +25.4% |
| Total equity and liabilities | 10/49 | €882,206 | €923,424 | +€41,218 | +4.7% |
| Equity | 10/15 | €228,053 | €221,199 | -€6,854 | -3.0% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €135,000 | €135,000 | = | 0.0% |
| Distributable reserves | 133 | €135,000 | €135,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,168 | €86 | -€5,082 | -98.3% |
| Investment grants | 15 | €7,886 | €6,113 | -€1,772 | -22.5% |
| Amounts payable | 17/49 | €654,153 | €702,225 | +€48,072 | +7.3% |
| Amounts payable after more than one year | 17 | €129,809 | €208,716 | +€78,906 | +60.8% |
| Financial debts | 170/4 | €129,809 | €208,716 | +€78,906 | +60.8% |
| Amounts payable within one year | 42/48 | €520,369 | €488,921 | -€31,448 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €49,915 | €72,631 | +€22,716 | +45.5% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €150,925 | €162,743 | +€11,818 | +7.8% |
| Suppliers | 440/4 | €150,925 | €162,743 | +€11,818 | +7.8% |
| Advances received on contracts in progress | 46 | €35,515 | €10,833 | -€24,681 | -69.5% |
| Taxes, remuneration and social security | 45 | €14,323 | €38,713 | +€24,390 | +170.3% |
| Taxes | 450/3 | €8,978 | €19,313 | +€10,335 | +115.1% |
| Remuneration and social security | 454/9 | €5,345 | €19,400 | +€14,055 | +263.0% |
| Other amounts payable | 47/48 | €119,691 | €54,000 | -€65,691 | -54.9% |
| Accrued charges and deferred income | 492/3 | €3,974 | €4,588 | +€614 | +15.5% |
| Turnover | 70 | €1,313,426 | €1,463,085 | +€149,658 | +11.4% |
| Non-recurring operating income | 76A | €1,252 | - | -€1,252 | |
| Goods, raw materials, services and sundry goods | 60/61 | €869,317 | €848,961 | -€20,356 | -2.3% |
| Remuneration, social security and pensions | 62 | €348,974 | €454,594 | +€105,620 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,964 | €95,916 | +€14,952 | +18.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,719 | -€13,341 | -€24,060 | |
| Other operating charges | 640/8 | €4,653 | €21,543 | +€16,890 | +363.0% |
| Gross operating margin | 9900 | €485,388 | €639,488 | +€154,100 | +31.7% |
| Operating profit (loss) | 9901 | €40,078 | €80,776 | +€40,698 | +101.5% |
| Financial income | 75/76B | €2,887 | €2,076 | -€811 | -28.1% |
| Recurring financial income | 75 | €2,887 | €2,076 | -€811 | -28.1% |
| Financial charges | 65/66B | €18,178 | €19,229 | +€1,051 | +5.8% |
| Recurring financial charges | 65 | €18,178 | €19,229 | +€1,051 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €24,787 | €63,623 | +€38,836 | +156.7% |
| Income taxes | 67/77 | €5,870 | €14,705 | +€8,835 | +150.5% |
| Profit (loss) for the period | 9904 | €18,917 | €48,918 | +€30,001 | +158.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,917 | €48,918 | +€30,001 | +158.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.