SIADOM: 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.
SIADOM
Largest movements
- Cash +€94,860
up €94,860 (+156.5%), from €60,624 to €155,484
mainly Net result for the year (+€138,695) and Tax, wage and social debts (+€33,195)
- Receivables within one year +€75,960
up €75,960 (+15.7%), from €484,135 to €560,095
of which Other amounts receivable: +€75,960
- Reserves +€138,000
up €138,000 (+63.3%), from €217,860 to €355,860
of which Distributable reserves: +€138,000
- Tax, wage and social debts +€33,195
up €33,195 (+113.3%), from €29,300 to €62,495
- Gross operating margin +€95,288
up €95,288 (+102.7%), from €92,740 to €188,028
- Taxes -€21,219
down €21,219 (-22.0%), from €96,400 to €75,181
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 | €544,759 | €716,649 | +€171,890 | +31.6% |
| Fixed assets | 21/28 | - | €1,070 | +€1,070 | |
| Tangible fixed assets | 22/27 | - | €1,070 | +€1,070 | |
| Furniture and vehicles | 24 | - | €1,070 | +€1,070 | |
| Current assets | 29/58 | €544,759 | €715,579 | +€170,820 | +31.4% |
| Amounts receivable within one year | 40/41 | €484,135 | €560,095 | +€75,960 | +15.7% |
| Trade receivables | 40 | €15,950 | €15,950 | = | 0.0% |
| Other amounts receivable | 41 | €468,185 | €544,145 | +€75,960 | +16.2% |
| Cash at bank and in hand | 54/58 | €60,624 | €155,484 | +€94,860 | +156.5% |
| Total equity and liabilities | 10/49 | €544,759 | €716,649 | +€171,890 | +31.6% |
| Equity | 10/15 | €515,346 | €654,041 | +€138,695 | +26.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €217,860 | €355,860 | +€138,000 | +63.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €216,000 | €354,000 | +€138,000 | +63.9% |
| Profit (loss) carried forward | 14 | €291,286 | €291,981 | +€695 | +0.2% |
| Amounts payable | 17/49 | €29,413 | €62,608 | +€33,195 | +112.9% |
| Amounts payable within one year | 42/48 | €29,413 | €62,608 | +€33,195 | +112.9% |
| Trade debts | 44 | €113 | €113 | = | 0.0% |
| Suppliers | 440/4 | €113 | €113 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €29,300 | €62,495 | +€33,195 | +113.3% |
| Taxes | 450/3 | €29,300 | €62,495 | +€33,195 | +113.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €179 | +€179 | |
| Other operating charges | 640/8 | €252 | €765 | +€513 | +203.6% |
| Gross operating margin | 9900 | €92,740 | €188,028 | +€95,288 | +102.7% |
| Operating profit (loss) | 9901 | €92,488 | €187,084 | +€94,596 | +102.3% |
| Financial income | 75/76B | €27,987 | €27,429 | -€558 | -2.0% |
| Recurring financial income | 75 | €27,987 | €27,429 | -€558 | -2.0% |
| Financial charges | 65/66B | €409 | €637 | +€228 | +55.7% |
| Recurring financial charges | 65 | €409 | €637 | +€228 | +55.7% |
| Profit (loss) for the period before taxes | 9903 | €120,066 | €213,876 | +€93,810 | +78.1% |
| Income taxes | 67/77 | €96,400 | €75,181 | -€21,219 | -22.0% |
| Profit (loss) for the period | 9904 | €23,666 | €138,695 | +€115,029 | +486.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,666 | €138,695 | +€115,029 | +486.1% |
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 4 October 2026 via checked.be.