SIAM RICE: 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.
SIAM RICE
Largest movements
- Receivables within one year +€29,368
up €29,368 (+438%), from €6,699 to €36,067
of which Other amounts receivable: +€23,191
- Tangible fixed assets -€3,276
down €3,276 (-53.0%), from €6,183 to €2,907
of which Plant, machinery and equipment: -€3,210
- Cash +€928
up €928 (+45.3%), from €2,047 to €2,975
mainly Net result for the year (+€25,655) and Other debts (+€7,729)
- Profit (loss) carried forward +€25,655
up €25,655 (+76.9%), from -€33,368 to -€7,713
- Other debts +€7,729
up €7,729 (+108%), from €7,170 to €14,899
- Tax, wage and social debts -€7,568
down €7,568 (-73.9%), from €10,244 to €2,676
of which Remuneration and social security: -€9,000
- Trade debts +€847
up €847 (+10.0%), from €8,435 to €9,282
- Gross operating margin +€56,616
up €56,616, from -€27,138 to €29,478
- Financial charges -€1,678
down €1,678 (-89.8%), from €1,868 to €190
- Financial income -€774
no longer reported in 2025 (was €774)
- Other operating charges -€665
no longer reported in 2025 (was €665)
- Depreciation -€298
down €298 (-7.6%), from €3,931 to €3,633
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 | €17,482 | €44,144 | +€26,662 | +153% |
| Formation expenses | 20 | €1,285 | €1,028 | -€257 | -20.0% |
| Fixed assets | 21/28 | €6,908 | €3,532 | -€3,376 | -48.9% |
| Intangible fixed assets | 21 | €725 | €625 | -€100 | -13.8% |
| Tangible fixed assets | 22/27 | €6,183 | €2,907 | -€3,276 | -53.0% |
| Plant, machinery and equipment | 23 | €6,058 | €2,848 | -€3,210 | -53.0% |
| Furniture and vehicles | 24 | €125 | €59 | -€66 | -52.8% |
| Current assets | 29/58 | €9,288 | €39,584 | +€30,296 | +326% |
| Amounts receivable within one year | 40/41 | €6,699 | €36,067 | +€29,368 | +438% |
| Trade receivables | 40 | €3,087 | €9,264 | +€6,177 | +200% |
| Other amounts receivable | 41 | €3,612 | €26,803 | +€23,191 | +642% |
| Cash at bank and in hand | 54/58 | €2,047 | €2,975 | +€928 | +45.3% |
| Deferred charges and accrued income | 490/1 | €542 | €542 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €17,482 | €44,144 | +€26,662 | +153% |
| Equity | 10/15 | -€33,368 | -€7,713 | +€25,655 | +76.9% |
| Profit (loss) carried forward | 14 | -€33,368 | -€7,713 | +€25,655 | +76.9% |
| Amounts payable | 17/49 | €50,849 | €51,857 | +€1,008 | +2.0% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,849 | €26,857 | +€1,008 | +3.9% |
| Trade debts | 44 | €8,435 | €9,282 | +€847 | +10.0% |
| Suppliers | 440/4 | €8,435 | €9,282 | +€847 | +10.0% |
| Taxes, remuneration and social security | 45 | €10,244 | €2,676 | -€7,568 | -73.9% |
| Taxes | 450/3 | €1,244 | €2,676 | +€1,432 | +115% |
| Remuneration and social security | 454/9 | €9,000 | - | -€9,000 | |
| Other amounts payable | 47/48 | €7,170 | €14,899 | +€7,729 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,931 | €3,633 | -€298 | -7.6% |
| Other operating charges | 640/8 | €665 | - | -€665 | |
| Gross operating margin | 9900 | -€27,138 | €29,478 | +€56,616 | |
| Operating profit (loss) | 9901 | -€31,734 | €25,845 | +€57,579 | |
| Financial income | 75/76B | €774 | - | -€774 | |
| Recurring financial income | 75 | €774 | - | -€774 | |
| Financial charges | 65/66B | €1,868 | €190 | -€1,678 | -89.8% |
| Recurring financial charges | 65 | €1,868 | €190 | -€1,678 | -89.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,828 | €25,655 | +€58,483 | |
| Income taxes | 67/77 | €256 | - | -€256 | |
| Profit (loss) for the period | 9904 | -€33,084 | €25,655 | +€58,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,084 | €25,655 | +€58,739 |
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 22 October 2026 via checked.be.