SI Advies: what changed
What changed
SI Advies
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€134,471
2025 · €122,684+€11,787
Equity
€824,633
2025 · €716,478+€108,155
Cash
€76,722
2025 · €1,393+€75,329
Balance sheet total
€954,501
2025 · €870,524+€83,977
Largest movements
Assets
- Cash +€75,329
up €75,329 (+5,408%), from €1,393 to €76,722
mainly Net result for the year (+€134,471) and Depreciation (+€14,238)
- Receivables within one year +€17,930
up €17,930 (+2.9%), from €614,572 to €632,502
- Tangible fixed assets -€9,710
down €9,710 (-4.0%), from €244,054 to €234,345
Equity and liabilities
- Reserves +€108,155
up €108,155 (+15.5%), from €697,878 to €806,033
- Current portion of long-term debt -€31,731
down €31,731 (-60.0%), from €52,879 to €21,148
- Other debts +€9,637
up €9,637 (+15.2%), from €63,565 to €73,202
Income statement
- Gross operating margin +€22,257
up €22,257 (+11.2%), from €198,717 to €220,974
- Taxes +€12,149
up €12,149 (+22.1%), from €54,904 to €67,054
- Financial charges -€2,559
down €2,559 (-38.1%), from €6,712 to €4,153
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€122,684
Gross operating margin
+€22,257
Depreciation
-€554
Other operating charges
-€28
Financial income
-€297
Financial charges
+€2,559
Taxes
-€12,149
Result 2026
€134,471
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€145,552
Investment
-€4,528
Financing
-€65,695
Cash 2025
€1,393
From operations (derived)
+€145,552
Net result for the year
+€134,471
Depreciation
+€14,238
Receivables within one year
-€17,930
Deferred charges and accrued income
-€427
Trade debts
-€1,591
Tax, wage and social debts
+€7,155
Other debts
+€9,637
Investment (derived)
-€4,528
Investment in fixed assets (net)
-€4,528
Financing
-€65,695
Debts after one year
-€7,648
Current portion of long-term debt
-€31,731
Contributions, distributions and other
-€26,316
Cash 2026
€76,722
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €870,524 | €954,501 | +€83,977 | +9.6% |
| Fixed assets | 21/28 | €246,472 | €236,763 | -€9,710 | -3.9% |
| Tangible fixed assets | 22/27 | €244,054 | €234,345 | -€9,710 | -4.0% |
| Land and buildings | 22 | €199,494 | €196,134 | -€3,360 | -1.7% |
| Plant, machinery and equipment | 23 | €3,599 | €2,640 | -€959 | -26.6% |
| Furniture and vehicles | 24 | €9,148 | €8,331 | -€817 | -8.9% |
| Other tangible fixed assets | 26 | €31,814 | €27,239 | -€4,574 | -14.4% |
| Financial fixed assets | 28 | €2,418 | €2,418 | = | 0.0% |
| Current assets | 29/58 | €624,052 | €717,739 | +€93,687 | +15.0% |
| Amounts receivable within one year | 40/41 | €614,572 | €632,502 | +€17,930 | +2.9% |
| Other amounts receivable | 41 | €614,572 | €632,502 | +€17,930 | +2.9% |
| Cash at bank and in hand | 54/58 | €1,393 | €76,722 | +€75,329 | +5,408% |
| Deferred charges and accrued income | 490/1 | €8,087 | €8,514 | +€427 | +5.3% |
| Total equity and liabilities | 10/49 | €870,524 | €954,501 | +€83,977 | +9.6% |
| Equity | 10/15 | €716,478 | €824,633 | +€108,155 | +15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €697,878 | €806,033 | +€108,155 | +15.5% |
| Distributable reserves | 133 | €697,878 | €806,033 | +€108,155 | +15.5% |
| Amounts payable | 17/49 | €154,046 | €129,868 | -€24,178 | -15.7% |
| Amounts payable after more than one year | 17 | €29,826 | €22,178 | -€7,648 | -25.6% |
| Financial debts | 170/4 | €29,826 | €22,178 | -€7,648 | -25.6% |
| Amounts payable within one year | 42/48 | €124,220 | €107,690 | -€16,530 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €52,879 | €21,148 | -€31,731 | -60.0% |
| Trade debts | 44 | €4,474 | €2,883 | -€1,591 | -35.6% |
| Suppliers | 440/4 | €4,474 | €2,883 | -€1,591 | -35.6% |
| Taxes, remuneration and social security | 45 | €3,302 | €10,457 | +€7,155 | +217% |
| Taxes | 450/3 | €3,302 | €10,457 | +€7,155 | +217% |
| Other amounts payable | 47/48 | €63,565 | €73,202 | +€9,637 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,683 | €14,238 | +€554 | +4.1% |
| Other operating charges | 640/8 | €1,153 | €1,181 | +€28 | +2.4% |
| Gross operating margin | 9900 | €198,717 | €220,974 | +€22,257 | +11.2% |
| Operating profit (loss) | 9901 | €183,881 | €205,556 | +€21,675 | +11.8% |
| Financial income | 75/76B | €419 | €122 | -€297 | -71.0% |
| Recurring financial income | 75 | €419 | €122 | -€297 | -71.0% |
| Financial charges | 65/66B | €6,712 | €4,153 | -€2,559 | -38.1% |
| Recurring financial charges | 65 | €6,712 | €4,153 | -€2,559 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €177,588 | €201,524 | +€23,936 | +13.5% |
| Income taxes | 67/77 | €54,904 | €67,054 | +€12,149 | +22.1% |
| Profit (loss) for the period | 9904 | €122,684 | €134,471 | +€11,787 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €122,684 | €134,471 | +€11,787 | +9.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.