SIAL1: 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.
SIAL1
Largest movements
- Tangible fixed assets +€27,950
new in 2025: €27,950
- Stocks and contracts +€19,173
up €19,173 (+30.6%), from €62,746 to €81,918
- Receivables within one year -€9,064
down €9,064 (-90.1%), from €10,064 to €1,000
- Cash +€3,372
up €3,372 (+58.1%), from €5,804 to €9,176
mainly Net result for the year (+€13,995) and Contributions, distributions and other (+€12,000)
- Profit (loss) carried forward +€25,995
up €25,995 (+35.5%), from €73,148 to €99,143
- Trade debts +€7,825
up €7,825 (+227.7%), from €3,437 to €11,261
- Tax, wage and social debts +€7,612
up €7,612 (+740.8%), from €1,027 to €8,639
of which Remuneration and social security: +€5,663
- Turnover +€347,020
up €347,020 (+45.7%), from €759,073 to €1.1m
- Purchases and services +€315,760
up €315,760 (+46.3%), from €682,595 to €998,356
- Gross operating margin +€31,259
up €31,259 (+40.9%), from €76,478 to €107,737
- Taxes +€18,873
new in 2025: €18,873
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 | €78,613 | €120,044 | +€41,431 | +52.7% |
| Fixed assets | 21/28 | - | €27,950 | +€27,950 | |
| Tangible fixed assets | 22/27 | - | €27,950 | +€27,950 | |
| Furniture and vehicles | 24 | - | €27,950 | +€27,950 | |
| Current assets | 29/58 | €78,613 | €92,094 | +€13,481 | +17.1% |
| Stocks and contracts in progress | 3 | €62,746 | €81,918 | +€19,173 | +30.6% |
| Stocks | 30/36 | €62,746 | €81,918 | +€19,173 | +30.6% |
| Amounts receivable within one year | 40/41 | €10,064 | €1,000 | -€9,064 | -90.1% |
| Other amounts receivable | 41 | €10,064 | €1,000 | -€9,064 | -90.1% |
| Cash at bank and in hand | 54/58 | €5,804 | €9,176 | +€3,372 | +58.1% |
| Total equity and liabilities | 10/49 | €78,613 | €120,044 | +€41,431 | +52.7% |
| Equity | 10/15 | €74,148 | €100,143 | +€25,995 | +35.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,148 | €99,143 | +€25,995 | +35.5% |
| Amounts payable | 17/49 | €4,464 | €19,901 | +€15,436 | +345.8% |
| Amounts payable within one year | 42/48 | €4,464 | €19,901 | +€15,436 | +345.8% |
| Trade debts | 44 | €3,437 | €11,261 | +€7,825 | +227.7% |
| Suppliers | 440/4 | €3,437 | €11,261 | +€7,825 | +227.7% |
| Taxes, remuneration and social security | 45 | €1,027 | €8,639 | +€7,612 | +740.8% |
| Taxes | 450/3 | €1,027 | €2,976 | +€1,948 | +189.6% |
| Remuneration and social security | 454/9 | - | €5,663 | +€5,663 | |
| Turnover | 70 | €759,073 | €1,106,093 | +€347,020 | +45.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €682,595 | €998,356 | +€315,760 | +46.3% |
| Remuneration, social security and pensions | 62 | €69,574 | €68,977 | -€596 | -0.9% |
| Other operating charges | 640/8 | €2,630 | €5,075 | +€2,445 | +93.0% |
| Gross operating margin | 9900 | €76,478 | €107,737 | +€31,259 | +40.9% |
| Operating profit (loss) | 9901 | €4,274 | €33,684 | +€29,410 | +688.1% |
| Financial charges | 65/66B | €685 | €816 | +€131 | +19.2% |
| Recurring financial charges | 65 | €685 | €816 | +€131 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €3,589 | €32,868 | +€29,279 | +815.8% |
| Income taxes | 67/77 | - | €18,873 | +€18,873 | |
| Profit (loss) for the period | 9904 | €3,589 | €13,995 | +€10,406 | +289.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,589 | €13,995 | +€10,406 | +289.9% |
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 10 October 2026 via checked.be.