Firma C. Siccard: 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.
Firma C. Siccard
Largest movements
- Stocks and contracts +€156,524
up €156,524 (+80.9%), from €193,460 to €349,984
- Cash -€117,214
down €117,214 (-17.5%), from €669,976 to €552,762
mainly Stocks and contracts (-€156,524) and Investment in fixed assets (net) (-€88,380)
- Receivables within one year +€62,061
up €62,061 (+50.8%), from €122,185 to €184,246
- Tangible fixed assets +€43,435
up €43,435 (+36.3%), from €119,531 to €162,966
of which Furniture and vehicles: +€61,772
- Reserves +€103,243
up €103,243 (+13.2%), from €781,746 to €884,989
- Other debts +€35,427
up €35,427 (+15.5%), from €229,055 to €264,482
- Gross operating margin +€43,507
up €43,507 (+28.9%), from €150,452 to €193,959
- Depreciation +€26,300
up €26,300 (+141%), from €18,645 to €44,945
- Taxes -€12,866
down €12,866 (-29.5%), from €43,656 to €30,790
- Financial income -€2,405
down €2,405 (-54.8%), from €4,387 to €1,982
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 | €1,109,270 | €1,253,266 | +€143,996 | +13.0% |
| Fixed assets | 21/28 | €119,531 | €162,966 | +€43,435 | +36.3% |
| Tangible fixed assets | 22/27 | €119,531 | €162,966 | +€43,435 | +36.3% |
| Land and buildings | 22 | €112,223 | €96,647 | -€15,576 | -13.9% |
| Plant, machinery and equipment | 23 | €4,968 | €2,411 | -€2,557 | -51.5% |
| Furniture and vehicles | 24 | - | €61,772 | +€61,772 | |
| Other tangible fixed assets | 26 | €2,340 | €2,136 | -€204 | -8.7% |
| Current assets | 29/58 | €989,739 | €1,090,300 | +€100,561 | +10.2% |
| Stocks and contracts in progress | 3 | €193,460 | €349,984 | +€156,524 | +80.9% |
| Stocks | 30/36 | €193,460 | €349,984 | +€156,524 | +80.9% |
| Amounts receivable within one year | 40/41 | €122,185 | €184,246 | +€62,061 | +50.8% |
| Trade receivables | 40 | €122,185 | €184,246 | +€62,061 | +50.8% |
| Cash at bank and in hand | 54/58 | €669,976 | €552,762 | -€117,214 | -17.5% |
| Deferred charges and accrued income | 490/1 | €4,118 | €3,308 | -€810 | -19.7% |
| Total equity and liabilities | 10/49 | €1,109,270 | €1,253,266 | +€143,996 | +13.0% |
| Equity | 10/15 | €800,338 | €903,581 | +€103,243 | +12.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €781,746 | €884,989 | +€103,243 | +13.2% |
| Distributable reserves | 133 | €781,746 | €884,989 | +€103,243 | +13.2% |
| Amounts payable | 17/49 | €308,932 | €349,685 | +€40,753 | +13.2% |
| Amounts payable after more than one year | 17 | €26,475 | €26,475 | = | 0.0% |
| Financial debts | 170/4 | €26,475 | €26,475 | = | 0.0% |
| Amounts payable within one year | 42/48 | €282,457 | €323,210 | +€40,753 | +14.4% |
| Trade debts | 44 | €35,819 | €37,925 | +€2,106 | +5.9% |
| Suppliers | 440/4 | €35,819 | €37,925 | +€2,106 | +5.9% |
| Taxes, remuneration and social security | 45 | €17,583 | €20,803 | +€3,220 | +18.3% |
| Taxes | 450/3 | €17,583 | €20,803 | +€3,220 | +18.3% |
| Other amounts payable | 47/48 | €229,055 | €264,482 | +€35,427 | +15.5% |
| Non-recurring operating income | 76A | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,645 | €44,945 | +€26,300 | +141% |
| Other operating charges | 640/8 | €18,201 | €16,845 | -€1,356 | -7.5% |
| Gross operating margin | 9900 | €150,452 | €193,959 | +€43,507 | +28.9% |
| Operating profit (loss) | 9901 | €113,606 | €132,169 | +€18,563 | +16.3% |
| Financial income | 75/76B | €4,387 | €1,982 | -€2,405 | -54.8% |
| Recurring financial income | 75 | €4,387 | €1,982 | -€2,405 | -54.8% |
| Financial charges | 65/66B | €886 | €118 | -€768 | -86.7% |
| Recurring financial charges | 65 | €886 | €118 | -€768 | -86.7% |
| Profit (loss) for the period before taxes | 9903 | €117,107 | €134,033 | +€16,926 | +14.5% |
| Income taxes | 67/77 | €43,656 | €30,790 | -€12,866 | -29.5% |
| Profit (loss) for the period | 9904 | €73,451 | €103,243 | +€29,792 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,451 | €103,243 | +€29,792 | +40.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.