SIANEO: 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.
SIANEO
Largest movements
- Cash +€78,152
up €78,152 (+43.3%), from €180,366 to €258,518
mainly Net result for the year (+€89,163) and Receivables within one year (+€14,329)
- Receivables within one year -€14,329
no longer reported in 2025 (was €14,329)
- Profit (loss) carried forward +€74,457
up €74,457 (+48.7%), from €152,974 to €227,431
- Tax, wage and social debts -€11,358
down €11,358 (-30.3%), from €37,480 to €26,122
- Gross operating margin +€21,209
up €21,209 (+27.4%), from €77,392 to €98,601
- Financial income +€10,954
up €10,954 (+304.4%), from €3,599 to €14,553
- Taxes +€6,542
up €6,542 (+38.8%), from €16,867 to €23,408
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 | €194,696 | €258,518 | +€63,822 | +32.8% |
| Current assets | 29/58 | €194,696 | €258,518 | +€63,822 | +32.8% |
| Amounts receivable within one year | 40/41 | €14,329 | - | -€14,329 | |
| Trade receivables | 40 | €14,329 | - | -€14,329 | |
| Cash at bank and in hand | 54/58 | €180,366 | €258,518 | +€78,152 | +43.3% |
| Total equity and liabilities | 10/49 | €194,696 | €258,518 | +€63,822 | +32.8% |
| Equity | 10/15 | €154,974 | €229,431 | +€74,457 | +48.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,974 | €227,431 | +€74,457 | +48.7% |
| Amounts payable | 17/49 | €39,722 | €29,087 | -€10,635 | -26.8% |
| Amounts payable within one year | 42/48 | €39,722 | €29,087 | -€10,635 | -26.8% |
| Trade debts | 44 | - | €310 | +€310 | |
| Suppliers | 440/4 | - | €310 | +€310 | |
| Taxes, remuneration and social security | 45 | €37,480 | €26,122 | -€11,358 | -30.3% |
| Taxes | 450/3 | €37,480 | €26,122 | -€11,358 | -30.3% |
| Other amounts payable | 47/48 | €2,242 | €2,655 | +€413 | +18.4% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €77,392 | €98,601 | +€21,209 | +27.4% |
| Operating profit (loss) | 9901 | €77,392 | €98,202 | +€20,809 | +26.9% |
| Financial income | 75/76B | €3,599 | €14,553 | +€10,954 | +304.4% |
| Recurring financial income | 75 | €3,599 | €14,553 | +€10,954 | +304.4% |
| Financial charges | 65/66B | €154 | €183 | +€30 | +19.4% |
| Recurring financial charges | 65 | €154 | €183 | +€30 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €80,837 | €112,571 | +€31,734 | +39.3% |
| Income taxes | 67/77 | €16,867 | €23,408 | +€6,542 | +38.8% |
| Profit (loss) for the period | 9904 | €63,971 | €89,163 | +€25,192 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €63,971 | €89,163 | +€25,192 | +39.4% |
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 12 October 2026 via checked.be.