SIA Properties: 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.
SIA Properties
Largest movements
- Receivables within one year +€143,964
up €143,964 (+2,359%), from €6,103 to €150,066
of which Other amounts receivable: +€150,014
- Cash -€123,261
down €123,261 (-60.9%), from €202,485 to €79,224
mainly Receivables within one year (-€143,964) and Investment in fixed assets (net) (-€8,446)
- Tangible fixed assets +€8,381
new in 2025: €8,381
- Deferred charges and accrued income +€7,295
new in 2025: €7,295
- Profit (loss) carried forward +€31,536
up €31,536 (+81.5%), from €38,694 to €70,229
- Other debts +€5,184
up €5,184 (+197%), from €2,636 to €7,820
- Tax, wage and social debts -€5,104
down €5,104 (-33.4%), from €15,279 to €10,175
- Trade debts +€4,394
up €4,394 (+432%), from €1,017 to €5,411
- Financial income +€7,295
new in 2025: €7,295
- Gross operating margin -€1,055
down €1,055 (-2.9%), from €36,423 to €35,368
- Financial charges +€389
up €389 (+841%), from €46 to €436
- Other operating charges +€375
new in 2025: €375
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 | €208,587 | €244,966 | +€36,379 | +17.4% |
| Fixed assets | 21/28 | - | €8,381 | +€8,381 | |
| Tangible fixed assets | 22/27 | - | €8,381 | +€8,381 | |
| Furniture and vehicles | 24 | - | €8,381 | +€8,381 | |
| Current assets | 29/58 | €208,587 | €236,585 | +€27,998 | +13.4% |
| Amounts receivable within one year | 40/41 | €6,103 | €150,066 | +€143,964 | +2,359% |
| Trade receivables | 40 | €6,050 | - | -€6,050 | |
| Other amounts receivable | 41 | €53 | €150,066 | +€150,014 | +285,741% |
| Cash at bank and in hand | 54/58 | €202,485 | €79,224 | -€123,261 | -60.9% |
| Deferred charges and accrued income | 490/1 | - | €7,295 | +€7,295 | |
| Total equity and liabilities | 10/49 | €208,587 | €244,966 | +€36,379 | +17.4% |
| Equity | 10/15 | €189,655 | €221,190 | +€31,536 | +16.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €138,561 | €138,561 | = | 0.0% |
| Distributable reserves | 133 | €138,561 | €138,561 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,694 | €70,229 | +€31,536 | +81.5% |
| Amounts payable | 17/49 | €18,932 | €23,776 | +€4,843 | +25.6% |
| Amounts payable within one year | 42/48 | €18,932 | €23,406 | +€4,473 | +23.6% |
| Trade debts | 44 | €1,017 | €5,411 | +€4,394 | +432% |
| Suppliers | 440/4 | €1,017 | €5,411 | +€4,394 | +432% |
| Taxes, remuneration and social security | 45 | €15,279 | €10,175 | -€5,104 | -33.4% |
| Taxes | 450/3 | €15,279 | €10,175 | -€5,104 | -33.4% |
| Other amounts payable | 47/48 | €2,636 | €7,820 | +€5,184 | +197% |
| Accrued charges and deferred income | 492/3 | - | €370 | +€370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €65 | +€65 | |
| Other operating charges | 640/8 | - | €375 | +€375 | |
| Gross operating margin | 9900 | €36,423 | €35,368 | -€1,055 | -2.9% |
| Operating profit (loss) | 9901 | €36,423 | €34,928 | -€1,495 | -4.1% |
| Financial income | 75/76B | - | €7,295 | +€7,295 | |
| Recurring financial income | 75 | - | €7,295 | +€7,295 | |
| Financial charges | 65/66B | €46 | €436 | +€389 | +841% |
| Recurring financial charges | 65 | €46 | €436 | +€389 | +841% |
| Profit (loss) for the period before taxes | 9903 | €36,377 | €41,787 | +€5,410 | +14.9% |
| Income taxes | 67/77 | €9,911 | €10,252 | +€340 | +3.4% |
| Profit (loss) for the period | 9904 | €26,465 | €31,536 | +€5,070 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,465 | €31,536 | +€5,070 | +19.2% |
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.