SI-Trans: 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-Trans
Largest movements
- Cash -€42,216
down €42,216 (-79.2%), from €53,322 to €11,106
mainly Contributions, distributions and other (-€36,000) and Investment in fixed assets (net) (-€27,000)
- Tangible fixed assets +€18,273
up €18,273 (+121%), from €15,137 to €33,410
- Receivables within one year +€16,643
up €16,643 (+190%), from €8,766 to €25,409
of which Trade receivables: +€14,363
- Deferred charges and accrued income -€1,623
down €1,623 (-88.1%), from €1,843 to €220
- Profit (loss) carried forward -€15,130
down €15,130 (-30.7%), from €49,267 to €34,137
- Tax, wage and social debts +€7,940
up €7,940 (+110%), from €7,249 to €15,189
of which Taxes: +€11,200
- Contributions +€1,860
up €1,860 (+10.0%), from €18,600 to €20,460
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Trade debts -€1,549
down €1,549 (-75.3%), from €2,058 to €509
- Gross operating margin +€21,458
up €21,458 (+125%), from €17,150 to €38,608
- Taxes +€4,125
up €4,125 (+201%), from €2,051 to €6,176
- Other operating charges -€1,264
down €1,264 (-35.2%), from €3,588 to €2,324
- Staff costs -€603
no longer reported in 2025 (was €603)
- Depreciation +€583
up €583 (+7.2%), from €8,144 to €8,727
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 | €88,218 | €79,295 | -€8,923 | -10.1% |
| Fixed assets | 21/28 | €24,287 | €42,560 | +€18,273 | +75.2% |
| Tangible fixed assets | 22/27 | €15,137 | €33,410 | +€18,273 | +121% |
| Furniture and vehicles | 24 | €15,137 | €33,410 | +€18,273 | +121% |
| Financial fixed assets | 28 | €9,150 | €9,150 | = | 0.0% |
| Current assets | 29/58 | €63,931 | €36,735 | -€27,196 | -42.5% |
| Amounts receivable within one year | 40/41 | €8,766 | €25,409 | +€16,643 | +190% |
| Trade receivables | 40 | €8,766 | €23,129 | +€14,363 | +164% |
| Other amounts receivable | 41 | - | €2,280 | +€2,280 | |
| Cash at bank and in hand | 54/58 | €53,322 | €11,106 | -€42,216 | -79.2% |
| Deferred charges and accrued income | 490/1 | €1,843 | €220 | -€1,623 | -88.1% |
| Total equity and liabilities | 10/49 | €88,218 | €79,295 | -€8,923 | -10.1% |
| Equity | 10/15 | €69,727 | €54,597 | -€15,130 | -21.7% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €49,267 | €34,137 | -€15,130 | -30.7% |
| Amounts payable | 17/49 | €18,491 | €24,698 | +€6,207 | +33.6% |
| Amounts payable after more than one year | 17 | €9,000 | €9,000 | = | 0.0% |
| Financial debts | 170/4 | €9,000 | €9,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,491 | €15,698 | +€6,207 | +65.4% |
| Trade debts | 44 | €2,058 | €509 | -€1,549 | -75.3% |
| Suppliers | 440/4 | €2,058 | €509 | -€1,549 | -75.3% |
| Taxes, remuneration and social security | 45 | €7,249 | €15,189 | +€7,940 | +110% |
| Taxes | 450/3 | €3,989 | €15,189 | +€11,200 | +281% |
| Remuneration and social security | 454/9 | €3,260 | - | -€3,260 | |
| Other amounts payable | 47/48 | €184 | - | -€184 | |
| Remuneration, social security and pensions | 62 | €603 | - | -€603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,144 | €8,727 | +€583 | +7.2% |
| Other operating charges | 640/8 | €3,588 | €2,324 | -€1,264 | -35.2% |
| Gross operating margin | 9900 | €17,150 | €38,608 | +€21,458 | +125% |
| Operating profit (loss) | 9901 | €4,815 | €27,557 | +€22,742 | +472% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €525 | €516 | -€9 | -1.7% |
| Recurring financial charges | 65 | €525 | €516 | -€9 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €4,290 | €27,046 | +€22,756 | +530% |
| Income taxes | 67/77 | €2,051 | €6,176 | +€4,125 | +201% |
| Profit (loss) for the period | 9904 | €2,239 | €20,870 | +€18,631 | +832% |
| Profit (loss) for the period to be appropriated | 9905 | €2,239 | €20,870 | +€18,631 | +832% |
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 16 October 2026 via checked.be.