SIANDRO: 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.
SIANDRO
Largest movements
- Cash +€81,353
up €81,353 (+302.8%), from €26,866 to €108,219
mainly Net result for the year (+€112,723) and Tax, wage and social debts (+€19,881)
- Deferred charges and accrued income +€42,463
up €42,463 (+114.9%), from €36,960 to €79,423
- Tangible fixed assets -€5,930
down €5,930 (-26.1%), from €22,715 to €16,785
- Receivables within one year -€5,441
down €5,441 (-12.6%), from €43,078 to €37,637
- Reserves +€112,723
up €112,723 (+217.4%), from €51,851 to €164,574
- Tax, wage and social debts +€19,881
up €19,881 (+121.7%), from €16,331 to €36,212
of which Taxes: +€19,881
- Other debts -€16,292
down €16,292 (-47.1%), from €34,584 to €18,292
- Debts after one year -€5,920
down €5,920 (-32.0%), from €18,498 to €12,578
- Gross operating margin +€80,723
up €80,723 (+107.5%), from €75,108 to €155,831
- Taxes +€19,273
up €19,273 (+131.1%), from €14,704 to €33,977
- Financial charges +€1,808
up €1,808 (+150.9%), from €1,198 to €3,006
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 | €129,619 | €242,063 | +€112,444 | +86.7% |
| Fixed assets | 21/28 | €22,715 | €16,785 | -€5,930 | -26.1% |
| Tangible fixed assets | 22/27 | €22,715 | €16,785 | -€5,930 | -26.1% |
| Furniture and vehicles | 24 | €22,715 | €16,785 | -€5,930 | -26.1% |
| Current assets | 29/58 | €106,904 | €225,278 | +€118,374 | +110.7% |
| Amounts receivable within one year | 40/41 | €43,078 | €37,637 | -€5,441 | -12.6% |
| Trade receivables | 40 | €43,078 | €37,637 | -€5,441 | -12.6% |
| Cash at bank and in hand | 54/58 | €26,866 | €108,219 | +€81,353 | +302.8% |
| Deferred charges and accrued income | 490/1 | €36,960 | €79,423 | +€42,463 | +114.9% |
| Total equity and liabilities | 10/49 | €129,619 | €242,063 | +€112,444 | +86.7% |
| Equity | 10/15 | €52,851 | €165,574 | +€112,723 | +213.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €51,851 | €164,574 | +€112,723 | +217.4% |
| Distributable reserves | 133 | €51,851 | €164,574 | +€112,723 | +217.4% |
| Amounts payable | 17/49 | €76,768 | €76,490 | -€278 | -0.4% |
| Amounts payable after more than one year | 17 | €18,498 | €12,578 | -€5,920 | -32.0% |
| Financial debts | 170/4 | €18,498 | €12,578 | -€5,920 | -32.0% |
| Amounts payable within one year | 42/48 | €56,425 | €60,394 | +€3,969 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €5,222 | €5,436 | +€214 | +4.1% |
| Trade debts | 44 | €288 | €454 | +€166 | +57.7% |
| Suppliers | 440/4 | €288 | €454 | +€166 | +57.7% |
| Taxes, remuneration and social security | 45 | €16,331 | €36,212 | +€19,881 | +121.7% |
| Taxes | 450/3 | €14,904 | €34,785 | +€19,881 | +133.4% |
| Remuneration and social security | 454/9 | €1,427 | €1,427 | = | 0.0% |
| Other amounts payable | 47/48 | €34,584 | €18,292 | -€16,292 | -47.1% |
| Accrued charges and deferred income | 492/3 | €1,845 | €3,518 | +€1,673 | +90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,934 | €5,930 | -€1,005 | -14.5% |
| Other operating charges | 640/8 | €420 | €221 | -€199 | -47.4% |
| Gross operating margin | 9900 | €75,108 | €155,831 | +€80,723 | +107.5% |
| Operating profit (loss) | 9901 | €67,753 | €149,680 | +€81,927 | +120.9% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €1,198 | €3,006 | +€1,808 | +150.9% |
| Recurring financial charges | 65 | €1,198 | €3,006 | +€1,808 | +150.9% |
| Profit (loss) for the period before taxes | 9903 | €66,555 | €146,700 | +€80,145 | +120.4% |
| Income taxes | 67/77 | €14,704 | €33,977 | +€19,273 | +131.1% |
| Profit (loss) for the period | 9904 | €51,851 | €112,723 | +€60,872 | +117.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,851 | €112,723 | +€60,872 | +117.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.