SIBEGO: 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.
SIBEGO
Largest movements
- Cash +€35,875
up €35,875 (+247%), from €14,520 to €50,396
mainly Net result for the year (+€28,190) and Trade debts (+€8,989)
- Receivables within one year +€8,937
up €8,937 (+43.6%), from €20,481 to €29,418
- Profit (loss) carried forward +€28,190
up €28,190 (+208%), from €13,542 to €41,732
- Trade debts +€8,989
up €8,989 (+263%), from €3,412 to €12,400
- Tax, wage and social debts +€7,207
up €7,207 (+105%), from €6,866 to €14,072
- Accrued charges and deferred income +€4,240
new in 2025: €4,240
- Other debts -€3,813
down €3,813 (-35.7%), from €10,682 to €6,869
- Turnover -€71,326
no longer reported in 2025 (was €71,326)
- Purchases and services -€53,831
no longer reported in 2025 (was €53,831)
- Gross operating margin +€19,505
up €19,505 (+110%), from €17,693 to €37,198
- Taxes +€3,815
up €3,815 (+107%), from €3,574 to €7,389
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 | €35,002 | €79,814 | +€44,812 | +128% |
| Current assets | 29/58 | €35,002 | €79,814 | +€44,812 | +128% |
| Amounts receivable within one year | 40/41 | €20,481 | €29,418 | +€8,937 | +43.6% |
| Trade receivables | 40 | €20,481 | €29,418 | +€8,937 | +43.6% |
| Cash at bank and in hand | 54/58 | €14,520 | €50,396 | +€35,875 | +247% |
| Total equity and liabilities | 10/49 | €35,002 | €79,814 | +€44,812 | +128% |
| Equity | 10/15 | €14,042 | €42,232 | +€28,190 | +201% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,542 | €41,732 | +€28,190 | +208% |
| Amounts payable | 17/49 | €20,960 | €37,581 | +€16,622 | +79.3% |
| Amounts payable within one year | 42/48 | €20,960 | €33,342 | +€12,382 | +59.1% |
| Trade debts | 44 | €3,412 | €12,400 | +€8,989 | +263% |
| Suppliers | 440/4 | €3,412 | €12,400 | +€8,989 | +263% |
| Taxes, remuneration and social security | 45 | €6,866 | €14,072 | +€7,207 | +105% |
| Taxes | 450/3 | €6,866 | €14,072 | +€7,207 | +105% |
| Other amounts payable | 47/48 | €10,682 | €6,869 | -€3,813 | -35.7% |
| Accrued charges and deferred income | 492/3 | - | €4,240 | +€4,240 | |
| Turnover | 70 | €71,326 | - | -€71,326 | |
| Goods, raw materials, services and sundry goods | 60/61 | €53,831 | - | -€53,831 | |
| Other operating charges | 640/8 | €822 | €1,512 | +€690 | +84.0% |
| Gross operating margin | 9900 | €17,693 | €37,198 | +€19,505 | +110% |
| Operating profit (loss) | 9901 | €16,871 | €35,686 | +€18,815 | +112% |
| Financial income | 75/76B | €147 | €457 | +€309 | +210% |
| Recurring financial income | 75 | €147 | €457 | +€309 | +210% |
| Financial charges | 65/66B | €89 | €564 | +€475 | +536% |
| Recurring financial charges | 65 | €89 | €564 | +€475 | +536% |
| Profit (loss) for the period before taxes | 9903 | €16,930 | €35,579 | +€18,649 | +110% |
| Income taxes | 67/77 | €3,574 | €7,389 | +€3,815 | +107% |
| Profit (loss) for the period | 9904 | €13,356 | €28,190 | +€14,834 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €13,356 | €28,190 | +€14,834 | +111% |
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 23 October 2026 via checked.be.