SBIRO: 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.
SBIRO
Largest movements
- Receivables within one year -€6,141
down €6,141 (-56.5%), from €10,863 to €4,722
of which Other amounts receivable: -€4,368
- Cash -€3,676
down €3,676 (-85.7%), from €4,290 to €614
mainly Net result for the year (-€5,834) and Trade debts (-€3,969)
- Stocks and contracts -€234
down €234 (-9.4%), from €2,484 to €2,250
- Profit (loss) carried forward -€5,834
down €5,834, from €4,857 to -€977
- Trade debts -€3,969
down €3,969 (-92.9%), from €4,271 to €302
- Tax, wage and social debts -€248
down €248 (-55.2%), from €449 to €201
- Gross operating margin +€1,383
up €1,383 (+22.0%), from -€6,282 to -€4,899
- Other operating charges -€582
down €582 (-53.7%), from €1,083 to €501
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 | €17,637 | €7,586 | -€10,051 | -57.0% |
| Current assets | 29/58 | €17,637 | €7,586 | -€10,051 | -57.0% |
| Stocks and contracts in progress | 3 | €2,484 | €2,250 | -€234 | -9.4% |
| Stocks | 30/36 | €2,484 | €2,250 | -€234 | -9.4% |
| Amounts receivable within one year | 40/41 | €10,863 | €4,722 | -€6,141 | -56.5% |
| Trade receivables | 40 | €3,496 | €1,723 | -€1,773 | -50.7% |
| Other amounts receivable | 41 | €7,367 | €2,999 | -€4,368 | -59.3% |
| Cash at bank and in hand | 54/58 | €4,290 | €614 | -€3,676 | -85.7% |
| Total equity and liabilities | 10/49 | €17,637 | €7,586 | -€10,051 | -57.0% |
| Equity | 10/15 | €12,917 | €7,083 | -€5,834 | -45.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,857 | -€977 | -€5,834 | |
| Amounts payable | 17/49 | €4,720 | €503 | -€4,217 | -89.3% |
| Amounts payable within one year | 42/48 | €4,720 | €503 | -€4,217 | -89.3% |
| Trade debts | 44 | €4,271 | €302 | -€3,969 | -92.9% |
| Suppliers | 440/4 | €4,271 | €302 | -€3,969 | -92.9% |
| Taxes, remuneration and social security | 45 | €449 | €201 | -€248 | -55.2% |
| Taxes | 450/3 | €449 | €201 | -€248 | -55.2% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Other operating charges | 640/8 | €1,083 | €501 | -€582 | -53.7% |
| Gross operating margin | 9900 | -€6,282 | -€4,899 | +€1,383 | +22.0% |
| Operating profit (loss) | 9901 | -€7,365 | -€5,400 | +€1,965 | +26.7% |
| Financial charges | 65/66B | €213 | €233 | +€20 | +9.4% |
| Recurring financial charges | 65 | €213 | €233 | +€20 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,578 | -€5,633 | +€1,945 | +25.7% |
| Income taxes | 67/77 | €228 | €201 | -€27 | -11.8% |
| Profit (loss) for the period | 9904 | -€7,806 | -€5,834 | +€1,972 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,806 | -€5,834 | +€1,972 | +25.3% |
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.