S.I.S.: 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.S.
Largest movements
- Receivables within one year +€6,250
up €6,250 (+98.1%), from €6,370 to €12,620
- Intangible fixed assets -€2,489
down €2,489 (-72.6%), from €3,427 to €937
- Cash +€1,771
up €1,771 (+1,498%), from €118 to €1,889
mainly Depreciation (+€6,513) and Net result for the year (+€3,753)
- Tangible fixed assets -€1,769
down €1,769 (-35.5%), from €4,987 to €3,218
of which Plant, machinery and equipment: -€2,464
- Profit (loss) carried forward +€3,753
up €3,753 (+6.6%), from -€57,080 to -€53,327
- Tax, wage and social debts +€1,417
up €1,417 (+203%), from €699 to €2,116
- Other debts -€1,100
down €1,100 (-74.4%), from €1,478 to €378
- Trade debts -€229
down €229 (-13.6%), from €1,676 to €1,448
- Gross operating margin +€8,556
up €8,556 (+330%), from €2,593 to €11,150
- Depreciation -€1,796
down €1,796 (-21.6%), from €8,308 to €6,513
- Other operating charges +€427
up €427 (+111%), from €384 to €812
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 | €14,952 | €18,714 | +€3,762 | +25.2% |
| Fixed assets | 21/28 | €8,464 | €4,206 | -€4,258 | -50.3% |
| Intangible fixed assets | 21 | €3,427 | €937 | -€2,489 | -72.6% |
| Tangible fixed assets | 22/27 | €4,987 | €3,218 | -€1,769 | -35.5% |
| Plant, machinery and equipment | 23 | €2,465 | €1 | -€2,464 | -100.0% |
| Furniture and vehicles | 24 | €2,522 | €3,218 | +€696 | +27.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €6,488 | €14,509 | +€8,021 | +124% |
| Amounts receivable within one year | 40/41 | €6,370 | €12,620 | +€6,250 | +98.1% |
| Trade receivables | 40 | €6,370 | €12,620 | +€6,250 | +98.1% |
| Cash at bank and in hand | 54/58 | €118 | €1,889 | +€1,771 | +1,498% |
| Total equity and liabilities | 10/49 | €14,952 | €18,714 | +€3,762 | +25.2% |
| Equity | 10/15 | €11,020 | €14,773 | +€3,753 | +34.1% |
| Contributions | 10/11 | €68,100 | €68,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,080 | -€53,327 | +€3,753 | +6.6% |
| Amounts payable | 17/49 | €3,932 | €3,942 | +€9 | +0.2% |
| Amounts payable within one year | 42/48 | €3,932 | €3,942 | +€9 | +0.2% |
| Financial debts | 43 | €79 | - | -€79 | |
| Credit institutions | 430/8 | €79 | - | -€79 | |
| Trade debts | 44 | €1,676 | €1,448 | -€229 | -13.6% |
| Suppliers | 440/4 | €1,676 | €1,448 | -€229 | -13.6% |
| Taxes, remuneration and social security | 45 | €699 | €2,116 | +€1,417 | +203% |
| Taxes | 450/3 | €699 | €2,116 | +€1,417 | +203% |
| Other amounts payable | 47/48 | €1,478 | €378 | -€1,100 | -74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,308 | €6,513 | -€1,796 | -21.6% |
| Other operating charges | 640/8 | €384 | €812 | +€427 | +111% |
| Gross operating margin | 9900 | €2,593 | €11,150 | +€8,556 | +330% |
| Operating profit (loss) | 9901 | -€6,099 | €3,826 | +€9,925 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €73 | €73 | -€0 | -0.2% |
| Recurring financial charges | 65 | €73 | €73 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,172 | €3,753 | +€9,925 | |
| Profit (loss) for the period | 9904 | -€6,172 | €3,753 | +€9,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,172 | €3,753 | +€9,925 |
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 22 October 2026 via checked.be.