LE SIDECAR WEB: what changed
Two fiscal 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.
LE SIDECAR WEB
Largest movements
- Cash -€13,549
down €13,549 (-38.0%), from €35,692 to €22,142
mainly Investment in fixed assets (net) (-€28,885) and Advances received (-€9,352)
- Tangible fixed assets +€11,368
up €11,368 (+6.0%), from €189,721 to €201,088
of which Other tangible fixed assets: +€57,699
- Receivables within one year +€5,901
up €5,901 (+6.6%), from €89,496 to €95,397
of which Other amounts receivable: +€5,877
- Advances received -€9,352
down €9,352 (-13.5%), from €69,352 to €60,000
- Other debts +€7,138
up €7,138 (+28.7%), from €24,840 to €31,978
- Debts after one year +€6,496
up €6,496 (+4.1%), from €157,666 to €164,162
- Profit (loss) carried forward +€6,235
up €6,235, from -€349 to €5,886
- Trade debts -€4,773
down €4,773 (-93.4%), from €5,109 to €336
- Gross operating margin +€17,661
up €17,661 (+33.0%), from €53,473 to €71,134
- Staff costs -€15,777
down €15,777 (-27.8%), from €56,726 to €40,950
- Depreciation +€6,501
up €6,501 (+59.0%), from €11,016 to €17,517
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 | €315,377 | €319,817 | +€4,440 | +1.4% |
| Fixed assets | 21/28 | €189,721 | €201,088 | +€11,368 | +6.0% |
| Tangible fixed assets | 22/27 | €189,721 | €201,088 | +€11,368 | +6.0% |
| Land and buildings | 22 | €131,387 | €124,615 | -€6,772 | -5.2% |
| Plant, machinery and equipment | 23 | €4,194 | €2,015 | -€2,180 | -52.0% |
| Furniture and vehicles | 24 | €11,841 | €13,454 | +€1,612 | +13.6% |
| Other tangible fixed assets | 26 | €3,306 | €61,005 | +€57,699 | +1745.2% |
| Assets under construction and advance payments | 27 | €38,991 | - | -€38,991 | |
| Current assets | 29/58 | €125,657 | €118,729 | -€6,928 | -5.5% |
| Amounts receivable within one year | 40/41 | €89,496 | €95,397 | +€5,901 | +6.6% |
| Trade receivables | 40 | €74,625 | €74,648 | +€23 | 0.0% |
| Other amounts receivable | 41 | €14,871 | €20,749 | +€5,877 | +39.5% |
| Cash at bank and in hand | 54/58 | €35,692 | €22,142 | -€13,549 | -38.0% |
| Deferred charges and accrued income | 490/1 | €469 | €1,190 | +€720 | +153.5% |
| Total equity and liabilities | 10/49 | €315,377 | €319,817 | +€4,440 | +1.4% |
| Equity | 10/15 | €20,872 | €27,107 | +€6,235 | +29.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,720 | €18,720 | = | 0.0% |
| Distributable reserves | 133 | €18,720 | €18,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€349 | €5,886 | +€6,235 | |
| Amounts payable | 17/49 | €294,506 | €292,710 | -€1,795 | -0.6% |
| Amounts payable after more than one year | 17 | €157,666 | €164,162 | +€6,496 | +4.1% |
| Financial debts | 170/4 | €157,666 | €164,162 | +€6,496 | +4.1% |
| Amounts payable within one year | 42/48 | €136,840 | €128,548 | -€8,292 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €7,165 | €10,430 | +€3,266 | +45.6% |
| Trade debts | 44 | €5,109 | €336 | -€4,773 | -93.4% |
| Suppliers | 440/4 | €5,109 | €336 | -€4,773 | -93.4% |
| Advances received on contracts in progress | 46 | €69,352 | €60,000 | -€9,352 | -13.5% |
| Taxes, remuneration and social security | 45 | €30,374 | €25,804 | -€4,570 | -15.0% |
| Taxes | 450/3 | €22,342 | €18,798 | -€3,543 | -15.9% |
| Remuneration and social security | 454/9 | €8,033 | €7,006 | -€1,027 | -12.8% |
| Other amounts payable | 47/48 | €24,840 | €31,978 | +€7,138 | +28.7% |
| Remuneration, social security and pensions | 62 | €56,726 | €40,950 | -€15,777 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,016 | €17,517 | +€6,501 | +59.0% |
| Other operating charges | 640/8 | €1,056 | €1,186 | +€130 | +12.4% |
| Gross operating margin | 9900 | €53,473 | €71,134 | +€17,661 | +33.0% |
| Operating profit (loss) | 9901 | -€15,325 | €11,481 | +€26,806 | |
| Financial charges | 65/66B | €5,487 | €5,123 | -€364 | -6.6% |
| Recurring financial charges | 65 | €5,487 | €5,123 | -€364 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,812 | €6,358 | +€27,170 | |
| Income taxes | 67/77 | €129 | €123 | -€6 | -4.9% |
| Profit (loss) for the period | 9904 | -€20,941 | €6,235 | +€27,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,941 | €6,235 | +€27,176 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.