FRANÇOISE SIEUW SERVICES: what changed
What changed
FRANÇOISE SIEUW SERVICES
NACE 46.160, Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
filed annual accounts (NBB)
Net result for the year
€6,883
2024 · -€4,140+€11,024
Equity
€128,425
2024 · €121,541+€6,883
Cash
€1,013
2024 · €247+€766
Balance sheet total
€173,911
2024 · €167,710+€6,201
Largest movements
Assets
- Receivables within one year +€3,015
up €3,015 (+1.8%), from €167,463 to €170,478
of which Other amounts receivable: +€3,763
- Tangible fixed assets +€2,420
new in 2025: €2,420
Equity and liabilities
- Profit (loss) carried forward +€6,883
up €6,883 (+6.1%), from €113,481 to €120,365
- Debts after one year -€2,466
down €2,466 (-20.6%), from €11,945 to €9,479
- Trade debts +€2,426
up €2,426 (+11.8%), from €20,561 to €22,987
Income statement
- Write-downs -€4,515
down €4,515 (-100%), from €4,515 to €0
- Financial charges -€1,277
down €1,277 (-45.8%), from €2,786 to €1,509
- Taxes +€1,085
up €1,085 (+126%), from €864 to €1,949
- Financial income -€1,042
down €1,042 (-10.3%), from €10,128 to €9,086
- Gross operating margin -€755
down €755 (-22.3%), from €3,382 to €2,627
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.
Result 2024
-€4,140
Gross operating margin
-€755
Depreciation
-€184
Write-downs
+€4,515
Other operating charges
+€246
Other operating items
+€8,052
Financial income
-€1,042
Financial charges
+€1,277
Taxes
-€1,085
Result 2025
€6,883
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5,983
Investment
-€2,604
Financing
-€2,613
Cash 2024
€247
From operations (derived)
+€5,983
Net result for the year
+€6,883
Depreciation
+€184
Receivables within one year
-€3,015
Trade debts
+€2,426
Tax, wage and social debts
-€495
Investment (derived)
-€2,604
Investment in fixed assets (net)
-€2,604
Financing
-€2,613
Debts after one year
-€2,466
Current portion of long-term debt
-€146
Short-term financial debts
-€1
Cash 2025
€1,013
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,710 | €173,911 | +€6,201 | +3.7% |
| Fixed assets | 21/28 | - | €2,420 | +€2,420 | |
| Tangible fixed assets | 22/27 | - | €2,420 | +€2,420 | |
| Furniture and vehicles | 24 | - | €2,420 | +€2,420 | |
| Current assets | 29/58 | €167,710 | €171,491 | +€3,781 | +2.3% |
| Amounts receivable within one year | 40/41 | €167,463 | €170,478 | +€3,015 | +1.8% |
| Trade receivables | 40 | €748 | €0 | -€748 | -100% |
| Other amounts receivable | 41 | €166,715 | €170,478 | +€3,763 | +2.3% |
| Cash at bank and in hand | 54/58 | €247 | €1,013 | +€766 | +310% |
| Total equity and liabilities | 10/49 | €167,710 | €173,911 | +€6,201 | +3.7% |
| Equity | 10/15 | €121,541 | €128,425 | +€6,883 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,481 | €120,365 | +€6,883 | +6.1% |
| Amounts payable | 17/49 | €46,169 | €45,487 | -€682 | -1.5% |
| Amounts payable after more than one year | 17 | €11,945 | €9,479 | -€2,466 | -20.6% |
| Financial debts | 170/4 | €11,945 | €9,479 | -€2,466 | -20.6% |
| Amounts payable within one year | 42/48 | €34,224 | €36,008 | +€1,784 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €2,613 | €2,466 | -€146 | -5.6% |
| Financial debts | 43 | €1 | €0 | -€1 | -100% |
| Credit institutions | 430/8 | €1 | €0 | -€1 | -100% |
| Trade debts | 44 | €20,561 | €22,987 | +€2,426 | +11.8% |
| Suppliers | 440/4 | €20,561 | €22,987 | +€2,426 | +11.8% |
| Taxes, remuneration and social security | 45 | €11,050 | €10,555 | -€495 | -4.5% |
| Taxes | 450/3 | €11,050 | €10,555 | -€495 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €184 | +€184 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,515 | €0 | -€4,515 | -100% |
| Other operating charges | 640/8 | €685 | €439 | -€246 | -35.9% |
| Non-recurring operating charges | 66A | €8,800 | €748 | -€8,052 | -91.5% |
| Gross operating margin | 9900 | €3,382 | €2,627 | -€755 | -22.3% |
| Operating profit (loss) | 9901 | -€10,618 | €1,255 | +€11,873 | |
| Financial income | 75/76B | €10,128 | €9,086 | -€1,042 | -10.3% |
| Recurring financial income | 75 | €10,128 | €9,086 | -€1,042 | -10.3% |
| Financial charges | 65/66B | €2,786 | €1,509 | -€1,277 | -45.8% |
| Recurring financial charges | 65 | €2,786 | €1,509 | -€1,277 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,276 | €8,832 | +€12,108 | |
| Income taxes | 67/77 | €864 | €1,949 | +€1,085 | +126% |
| Profit (loss) for the period | 9904 | -€4,140 | €6,883 | +€11,024 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,140 | €6,883 | +€11,024 |
Next steps
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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 5 November 2026 via checked.be.