SI-PROS: 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.
SI-PROS
Largest movements
- Receivables within one year -€28,322
down €28,322 (-43.4%), from €65,276 to €36,954
of which Other amounts receivable: -€15,993
- Deferred charges and accrued income -€23,048
down €23,048 (-56.5%), from €40,825 to €17,777
- Tangible fixed assets -€19,438
down €19,438 (-8.4%), from €232,289 to €212,851
of which Land and buildings: -€13,234
- Cash +€15,174
up €15,174 (+20.8%), from €72,921 to €88,096
mainly Receivables within one year (+€28,322) and Deferred charges and accrued income (+€23,048)
- Current investments +€12,000
up €12,000 (+30.8%), from €39,000 to €51,000
- Short-term financial debts -€22,500
down €22,500 (-64.3%), from €35,000 to €12,500
- Trade debts -€12,750
down €12,750 (-28.1%), from €45,333 to €32,583
- Debts after one year -€10,820
down €10,820 (-8.4%), from €128,284 to €117,464
- Tax, wage and social debts -€10,547
down €10,547 (-50.2%), from €21,012 to €10,465
of which Taxes: -€5,563
- Reserves +€8,436
up €8,436 (+7.6%), from €110,687 to €119,123
of which Distributable reserves: +€8,436
- Staff costs +€44,333
up €44,333 (+44.4%), from €99,770 to €144,103
- Gross operating margin -€27,302
down €27,302 (-12.8%), from €212,582 to €185,280
- Taxes -€18,579
down €18,579 (-77.6%), from €23,927 to €5,348
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 | €459,942 | €417,101 | -€42,841 | -9.3% |
| Fixed assets | 21/28 | €234,789 | €215,351 | -€19,438 | -8.3% |
| Tangible fixed assets | 22/27 | €232,289 | €212,851 | -€19,438 | -8.4% |
| Land and buildings | 22 | €218,315 | €205,081 | -€13,234 | -6.1% |
| Plant, machinery and equipment | 23 | €3,936 | €3,363 | -€573 | -14.6% |
| Furniture and vehicles | 24 | €10,039 | €4,407 | -€5,632 | -56.1% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €225,153 | €201,750 | -€23,403 | -10.4% |
| Stocks and contracts in progress | 3 | €7,131 | €7,924 | +€793 | +11.1% |
| Stocks | 30/36 | €7,131 | €7,924 | +€793 | +11.1% |
| Amounts receivable within one year | 40/41 | €65,276 | €36,954 | -€28,322 | -43.4% |
| Trade receivables | 40 | €32,179 | €19,849 | -€12,330 | -38.3% |
| Other amounts receivable | 41 | €33,098 | €17,105 | -€15,993 | -48.3% |
| Current investments | 50/53 | €39,000 | €51,000 | +€12,000 | +30.8% |
| Cash at bank and in hand | 54/58 | €72,921 | €88,096 | +€15,174 | +20.8% |
| Deferred charges and accrued income | 490/1 | €40,825 | €17,777 | -€23,048 | -56.5% |
| Total equity and liabilities | 10/49 | €459,942 | €417,101 | -€42,841 | -9.3% |
| Equity | 10/15 | €169,658 | €178,094 | +€8,436 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,687 | €119,123 | +€8,436 | +7.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €108,827 | €117,263 | +€8,436 | +7.8% |
| Profit (loss) carried forward | 14 | €40,371 | €40,371 | = | 0.0% |
| Amounts payable | 17/49 | €290,284 | €239,007 | -€51,277 | -17.7% |
| Amounts payable after more than one year | 17 | €128,284 | €117,464 | -€10,820 | -8.4% |
| Financial debts | 170/4 | €128,284 | €117,464 | -€10,820 | -8.4% |
| Amounts payable within one year | 42/48 | €117,663 | €71,182 | -€46,481 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €10,661 | €10,820 | +€159 | +1.5% |
| Financial debts | 43 | €35,000 | €12,500 | -€22,500 | -64.3% |
| Credit institutions | 430/8 | €35,000 | €12,500 | -€22,500 | -64.3% |
| Trade debts | 44 | €45,333 | €32,583 | -€12,750 | -28.1% |
| Suppliers | 440/4 | €45,333 | €32,583 | -€12,750 | -28.1% |
| Taxes, remuneration and social security | 45 | €21,012 | €10,465 | -€10,547 | -50.2% |
| Taxes | 450/3 | €6,407 | €844 | -€5,563 | -86.8% |
| Remuneration and social security | 454/9 | €14,605 | €9,622 | -€4,984 | -34.1% |
| Other amounts payable | 47/48 | €5,657 | €4,814 | -€843 | -14.9% |
| Accrued charges and deferred income | 492/3 | €44,337 | €50,361 | +€6,023 | +13.6% |
| Remuneration, social security and pensions | 62 | €99,770 | €144,103 | +€44,333 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,414 | €19,438 | +€24 | +0.1% |
| Other operating charges | 640/8 | €1,527 | €3,188 | +€1,661 | +109% |
| Gross operating margin | 9900 | €212,582 | €185,280 | -€27,302 | -12.8% |
| Operating profit (loss) | 9901 | €91,871 | €18,551 | -€73,320 | -79.8% |
| Financial income | 75/76B | €430 | €378 | -€53 | -12.3% |
| Recurring financial income | 75 | €430 | €378 | -€53 | -12.3% |
| Financial charges | 65/66B | €4,307 | €5,145 | +€838 | +19.5% |
| Recurring financial charges | 65 | €4,307 | €5,145 | +€838 | +19.5% |
| Profit (loss) for the period before taxes | 9903 | €87,994 | €13,784 | -€74,211 | -84.3% |
| Income taxes | 67/77 | €23,927 | €5,348 | -€18,579 | -77.6% |
| Profit (loss) for the period | 9904 | €64,068 | €8,436 | -€55,632 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €64,068 | €8,436 | -€55,632 | -86.8% |
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 14 October 2026 via checked.be.