S&I GROUP: 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.
S&I GROUP
Largest movements
- Receivables within one year -€40,850
down €40,850 (-51.4%), from €79,411 to €38,561
of which Other amounts receivable: -€30,014
- Profit (loss) carried forward -€27,177
down €27,177 (-52.4%), from €51,816 to €24,639
- Tax, wage and social debts -€14,046
down €14,046 (-60.5%), from €23,199 to €9,153
of which Taxes: -€10,819
- Trade debts +€882
up €882 (+121%), from €731 to €1,613
- Gross operating margin -€50,327
down €50,327, from €24,277 to -€26,051
- Purchases and services -€11,277
down €11,277 (-10.1%), from €111,747 to €100,470
- Staff costs -€3,857
no longer reported in 2025 (was €3,857)
- Taxes -€3,390
down €3,390 (-84.1%), from €4,032 to €642
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 | €83,805 | €43,465 | -€40,341 | -48.1% |
| Fixed assets | 21/28 | €3,600 | €3,600 | = | 0.0% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €80,205 | €39,865 | -€40,341 | -50.3% |
| Amounts receivable within one year | 40/41 | €79,411 | €38,561 | -€40,850 | -51.4% |
| Trade receivables | 40 | €15,383 | €4,546 | -€10,837 | -70.4% |
| Other amounts receivable | 41 | €64,029 | €34,015 | -€30,014 | -46.9% |
| Cash at bank and in hand | 54/58 | €794 | €1,304 | +€510 | +64.2% |
| Total equity and liabilities | 10/49 | €83,805 | €43,465 | -€40,341 | -48.1% |
| Equity | 10/15 | €59,876 | €32,699 | -€27,177 | -45.4% |
| 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 | €51,816 | €24,639 | -€27,177 | -52.4% |
| Amounts payable | 17/49 | €23,929 | €10,766 | -€13,163 | -55.0% |
| Amounts payable within one year | 42/48 | €23,929 | €10,766 | -€13,163 | -55.0% |
| Trade debts | 44 | €731 | €1,613 | +€882 | +121% |
| Suppliers | 440/4 | €731 | €1,613 | +€882 | +121% |
| Taxes, remuneration and social security | 45 | €23,199 | €9,153 | -€14,046 | -60.5% |
| Taxes | 450/3 | €15,732 | €4,913 | -€10,819 | -68.8% |
| Remuneration and social security | 454/9 | €7,466 | €4,240 | -€3,226 | -43.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €111,747 | €100,470 | -€11,277 | -10.1% |
| Remuneration, social security and pensions | 62 | €3,857 | - | -€3,857 | |
| Other operating charges | 640/8 | €213 | €250 | +€37 | +17.4% |
| Non-recurring operating charges | 66A | - | €189 | +€189 | |
| Gross operating margin | 9900 | €24,277 | -€26,051 | -€50,327 | |
| Operating profit (loss) | 9901 | €20,207 | -€26,489 | -€46,696 | |
| Financial charges | 65/66B | €45 | €46 | +€1 | +2.2% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €20,162 | -€26,535 | -€46,697 | |
| Income taxes | 67/77 | €4,032 | €642 | -€3,390 | -84.1% |
| Profit (loss) for the period | 9904 | €16,130 | -€27,177 | -€43,307 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,130 | -€27,177 | -€43,307 |
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 23 October 2026 via checked.be.