SIAN: 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.
SIAN
Largest movements
- Receivables within one year -€5,886
down €5,886 (-34.6%), from €17,017 to €11,131
- Cash +€2,575
up €2,575 (+21.5%), from €11,970 to €14,545
mainly Receivables within one year (+€5,886) and Depreciation (+€2,000)
- Tangible fixed assets -€2,000
down €2,000 (-55.5%), from €3,606 to €1,605
of which Furniture and vehicles: -€1,501
- Profit (loss) carried forward -€5,791
down €5,791, from €897 to -€4,894
- Trade debts +€995
up €995 (+33.9%), from €2,935 to €3,929
- Staff costs +€2,709
up €2,709 (+74.2%), from €3,651 to €6,360
- Gross operating margin -€2,490
down €2,490 (-40.6%), from €6,127 to €3,638
- Other operating charges +€118
up €118 (+14.8%), from €798 to €917
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 | €35,093 | €29,781 | -€5,312 | -15.1% |
| Fixed assets | 21/28 | €3,606 | €1,605 | -€2,000 | -55.5% |
| Tangible fixed assets | 22/27 | €3,606 | €1,605 | -€2,000 | -55.5% |
| Plant, machinery and equipment | 23 | €1,198 | €699 | -€499 | -41.7% |
| Furniture and vehicles | 24 | €2,408 | €906 | -€1,501 | -62.4% |
| Current assets | 29/58 | €31,487 | €28,176 | -€3,312 | -10.5% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,017 | €11,131 | -€5,886 | -34.6% |
| Trade receivables | 40 | €17,017 | €11,131 | -€5,886 | -34.6% |
| Cash at bank and in hand | 54/58 | €11,970 | €14,545 | +€2,575 | +21.5% |
| Total equity and liabilities | 10/49 | €35,093 | €29,781 | -€5,312 | -15.1% |
| Equity | 10/15 | €22,616 | €16,825 | -€5,791 | -25.6% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €21,469 | €21,469 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25 | €25 | = | 0.0% |
| Other | 1319 | €25 | €25 | = | 0.0% |
| Distributable reserves | 133 | €21,444 | €21,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | €897 | -€4,894 | -€5,791 | |
| Amounts payable | 17/49 | €12,477 | €12,956 | +€479 | +3.8% |
| Amounts payable within one year | 42/48 | €12,477 | €12,956 | +€479 | +3.8% |
| Trade debts | 44 | €2,935 | €3,929 | +€995 | +33.9% |
| Suppliers | 440/4 | €2,935 | €3,929 | +€995 | +33.9% |
| Taxes, remuneration and social security | 45 | €1,947 | €1,729 | -€218 | -11.2% |
| Taxes | 450/3 | €1,947 | €1,729 | -€218 | -11.2% |
| Other amounts payable | 47/48 | €7,595 | €7,297 | -€297 | -3.9% |
| Remuneration, social security and pensions | 62 | €3,651 | €6,360 | +€2,709 | +74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €798 | €917 | +€118 | +14.8% |
| Gross operating margin | 9900 | €6,127 | €3,638 | -€2,490 | -40.6% |
| Operating profit (loss) | 9901 | -€322 | -€5,640 | -€5,318 | -1651.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €135 | €152 | +€17 | +12.2% |
| Recurring financial charges | 65 | €135 | €152 | +€17 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | -€456 | -€5,791 | -€5,335 | -1169.5% |
| Profit (loss) for the period | 9904 | -€456 | -€5,791 | -€5,335 | -1169.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€456 | -€5,791 | -€5,335 | -1169.5% |
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 5 October 2026 via checked.be.