HR Projects by Siska: 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.
HR Projects by Siska
Largest movements
- Cash +€194,534
up €194,534 (+267%), from €72,730 to €267,264
mainly Current investments (+€130,795) and Net result for the year (+€105,229)
- Current investments -€130,795
down €130,795 (-47.6%), from €274,852 to €144,057
- Receivables within one year +€10,449
up €10,449 (+35.7%), from €29,282 to €39,731
of which Other amounts receivable: +€8,985
- Reserves +€105,229
up €105,229 (+33.8%), from €311,032 to €416,261
- Tax, wage and social debts -€32,412
down €32,412 (-47.2%), from €68,648 to €36,236
- Financial income +€11,184
up €11,184 (+230%), from €4,869 to €16,053
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 | €382,778 | €455,754 | +€72,976 | +19.1% |
| Fixed assets | 21/28 | €5,914 | €4,702 | -€1,212 | -20.5% |
| Tangible fixed assets | 22/27 | €5,914 | €4,702 | -€1,212 | -20.5% |
| Furniture and vehicles | 24 | €5,914 | €4,702 | -€1,212 | -20.5% |
| Current assets | 29/58 | €376,864 | €451,052 | +€74,188 | +19.7% |
| Amounts receivable within one year | 40/41 | €29,282 | €39,731 | +€10,449 | +35.7% |
| Trade receivables | 40 | €29,282 | €30,746 | +€1,464 | +5.0% |
| Other amounts receivable | 41 | - | €8,985 | +€8,985 | |
| Current investments | 50/53 | €274,852 | €144,057 | -€130,795 | -47.6% |
| Cash at bank and in hand | 54/58 | €72,730 | €267,264 | +€194,534 | +267% |
| Total equity and liabilities | 10/49 | €382,778 | €455,754 | +€72,976 | +19.1% |
| Equity | 10/15 | €314,032 | €419,261 | +€105,229 | +33.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €311,032 | €416,261 | +€105,229 | +33.8% |
| Distributable reserves | 133 | €311,032 | €416,261 | +€105,229 | +33.8% |
| Amounts payable | 17/49 | €68,747 | €36,493 | -€32,253 | -46.9% |
| Amounts payable within one year | 42/48 | €68,747 | €36,493 | -€32,253 | -46.9% |
| Trade debts | 44 | €98 | €257 | +€158 | +161% |
| Suppliers | 440/4 | €98 | €257 | +€158 | +161% |
| Taxes, remuneration and social security | 45 | €68,648 | €36,236 | -€32,412 | -47.2% |
| Taxes | 450/3 | €68,648 | €36,236 | -€32,412 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146 | €1,212 | +€1,066 | +732% |
| Other operating charges | 640/8 | €363 | €769 | +€405 | +112% |
| Gross operating margin | 9900 | €123,206 | €122,063 | -€1,143 | -0.9% |
| Operating profit (loss) | 9901 | €122,697 | €120,082 | -€2,615 | -2.1% |
| Financial income | 75/76B | €4,869 | €16,053 | +€11,184 | +230% |
| Recurring financial income | 75 | €4,869 | €16,053 | +€11,184 | +230% |
| Financial charges | 65/66B | €74 | €70 | -€3 | -4.2% |
| Recurring financial charges | 65 | €74 | €70 | -€3 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €127,492 | €136,065 | +€8,573 | +6.7% |
| Income taxes | 67/77 | €29,888 | €30,835 | +€947 | +3.2% |
| Profit (loss) for the period | 9904 | €97,603 | €105,229 | +€7,626 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,603 | €105,229 | +€7,626 | +7.8% |
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 30 October 2026 via checked.be.