IT-SIRIUS: 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.
IT-SIRIUS
Largest movements
- Cash -€10,085
down €10,085 (-44.7%), from €22,538 to €12,453
mainly Net result for the year (-€17,229) and Contributions, distributions and other (-€17,229)
- Receivables within one year -€2,548
down €2,548 (-5.1%), from €50,238 to €47,690
of which Trade receivables: -€2,857
- Tangible fixed assets -€906
down €906 (-17.8%), from €5,094 to €4,188
of which Plant, machinery and equipment: -€514
- Other debts +€22,975
new in 2025: €22,975
- Reserves -€17,229
down €17,229 (-38.3%), from €44,941 to €27,712
of which Distributable reserves: -€17,229
- Profit (loss) carried forward -€17,229
new in 2025: -€17,229
- Trade debts +€5,749
up €5,749 (+2,489%), from €231 to €5,980
- Tax, wage and social debts -€4,450
down €4,450 (-38.4%), from €11,585 to €7,135
of which Taxes: -€3,053
- Gross operating margin -€32,258
down €32,258, from €25,985 to -€6,273
- Taxes +€2,148
up €2,148 (+41.6%), from €5,164 to €7,312
- Other operating charges +€627
up €627 (+54.0%), from €1,162 to €1,789
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 | €79,397 | €66,347 | -€13,050 | -16.4% |
| Fixed assets | 21/28 | €5,133 | €4,227 | -€906 | -17.7% |
| Tangible fixed assets | 22/27 | €5,094 | €4,188 | -€906 | -17.8% |
| Plant, machinery and equipment | 23 | €3,740 | €3,226 | -€514 | -13.7% |
| Furniture and vehicles | 24 | €1,354 | €962 | -€392 | -29.0% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €74,264 | €62,120 | -€12,144 | -16.4% |
| Amounts receivable within one year | 40/41 | €50,238 | €47,690 | -€2,548 | -5.1% |
| Trade receivables | 40 | €9,750 | €6,893 | -€2,857 | -29.3% |
| Other amounts receivable | 41 | €40,488 | €40,797 | +€309 | +0.8% |
| Cash at bank and in hand | 54/58 | €22,538 | €12,453 | -€10,085 | -44.7% |
| Deferred charges and accrued income | 490/1 | €1,488 | €1,977 | +€489 | +32.9% |
| Total equity and liabilities | 10/49 | €79,397 | €66,347 | -€13,050 | -16.4% |
| Equity | 10/15 | €63,541 | €29,083 | -€34,458 | -54.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,941 | €27,712 | -€17,229 | -38.3% |
| Non-distributable reserves | 130/1 | €4,917 | €4,917 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,917 | €4,917 | = | 0.0% |
| Distributable reserves | 133 | €40,024 | €22,795 | -€17,229 | -43.0% |
| Profit (loss) carried forward | 14 | - | -€17,229 | -€17,229 | |
| Amounts payable | 17/49 | €15,856 | €37,264 | +€21,408 | +135% |
| Amounts payable within one year | 42/48 | €11,816 | €37,264 | +€25,448 | +215% |
| Financial debts | 43 | - | €1,174 | +€1,174 | |
| Credit institutions | 430/8 | - | €1,174 | +€1,174 | |
| Trade debts | 44 | €231 | €5,980 | +€5,749 | +2,489% |
| Suppliers | 440/4 | €231 | €5,980 | +€5,749 | +2,489% |
| Taxes, remuneration and social security | 45 | €11,585 | €7,135 | -€4,450 | -38.4% |
| Taxes | 450/3 | €10,188 | €7,135 | -€3,053 | -30.0% |
| Remuneration and social security | 454/9 | €1,397 | - | -€1,397 | |
| Other amounts payable | 47/48 | - | €22,975 | +€22,975 | |
| Accrued charges and deferred income | 492/3 | €4,040 | - | -€4,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €977 | €906 | -€71 | -7.3% |
| Other operating charges | 640/8 | €1,162 | €1,789 | +€627 | +54.0% |
| Gross operating margin | 9900 | €25,985 | -€6,273 | -€32,258 | |
| Operating profit (loss) | 9901 | €23,846 | -€8,968 | -€32,814 | |
| Financial charges | 65/66B | €827 | €949 | +€122 | +14.8% |
| Recurring financial charges | 65 | €775 | €949 | +€174 | +22.5% |
| Non-recurring financial charges | 66B | €52 | - | -€52 | |
| Profit (loss) for the period before taxes | 9903 | €23,019 | -€9,917 | -€32,936 | |
| Income taxes | 67/77 | €5,164 | €7,312 | +€2,148 | +41.6% |
| Profit (loss) for the period | 9904 | €17,855 | -€17,229 | -€35,084 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,855 | -€17,229 | -€35,084 |
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 19 October 2026 via checked.be.