SIBEL-CONFECT: 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.
SIBEL-CONFECT
Largest movements
- Tangible fixed assets +€11,978
up €11,978 (+2.7%), from €450,897 to €462,875
of which Land and buildings: +€13,097
- Profit (loss) carried forward +€42,882
up €42,882 (+34.0%), from €126,057 to €168,939
- Trade debts -€28,617
down €28,617 (-36.1%), from €79,301 to €50,684
- Current portion of long-term debt -€22,798
no longer reported in 2024 (was €22,798)
- Tax, wage and social debts +€16,723
up €16,723 (+42.2%), from €39,633 to €56,356
- Purchases and services +€202,438
new in 2024: €202,438
- Turnover +€24,760
up €24,760 (+10.4%), from €237,674 to €262,434
- Gross operating margin +€9,626
up €9,626 (+7.4%), from €130,757 to €140,383
- Other operating charges +€4,136
up €4,136 (+8.5%), from €48,691 to €52,827
- Depreciation +€2,972
up €2,972 (+12.1%), from €24,588 to €27,560
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €815,931 | €824,121 | +€8,190 | +1.0% |
| Fixed assets | 21/28 | €452,017 | €463,995 | +€11,978 | +2.6% |
| Tangible fixed assets | 22/27 | €450,897 | €462,875 | +€11,978 | +2.7% |
| Land and buildings | 22 | €448,581 | €461,678 | +€13,097 | +2.9% |
| Plant, machinery and equipment | 23 | €2,316 | €1,197 | -€1,119 | -48.3% |
| Financial fixed assets | 28 | €1,120 | €1,120 | = | 0.0% |
| Current assets | 29/58 | €363,914 | €360,126 | -€3,788 | -1.0% |
| Amounts receivable within one year | 40/41 | €314,651 | €312,960 | -€1,691 | -0.5% |
| Trade receivables | 40 | €5,584 | €5,584 | = | 0.0% |
| Other amounts receivable | 41 | €309,067 | €307,376 | -€1,691 | -0.5% |
| Cash at bank and in hand | 54/58 | €48,867 | €46,520 | -€2,347 | -4.8% |
| Deferred charges and accrued income | 490/1 | €396 | €646 | +€250 | +63.1% |
| Total equity and liabilities | 10/49 | €815,931 | €824,121 | +€8,190 | +1.0% |
| Equity | 10/15 | €665,562 | €708,444 | +€42,882 | +6.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €477,505 | €477,505 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €471,305 | €471,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,057 | €168,939 | +€42,882 | +34.0% |
| Amounts payable | 17/49 | €150,369 | €115,677 | -€34,692 | -23.1% |
| Amounts payable within one year | 42/48 | €141,732 | €107,040 | -€34,692 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €22,798 | - | -€22,798 | |
| Trade debts | 44 | €79,301 | €50,684 | -€28,617 | -36.1% |
| Suppliers | 440/4 | €79,301 | €50,684 | -€28,617 | -36.1% |
| Taxes, remuneration and social security | 45 | €39,633 | €56,356 | +€16,723 | +42.2% |
| Taxes | 450/3 | €39,633 | €56,356 | +€16,723 | +42.2% |
| Accrued charges and deferred income | 492/3 | €8,637 | €8,637 | = | 0.0% |
| Turnover | 70 | €237,674 | €262,434 | +€24,760 | +10.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €202,438 | +€202,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,588 | €27,560 | +€2,972 | +12.1% |
| Other operating charges | 640/8 | €48,691 | €52,827 | +€4,136 | +8.5% |
| Gross operating margin | 9900 | €130,757 | €140,383 | +€9,626 | +7.4% |
| Operating profit (loss) | 9901 | €57,478 | €59,996 | +€2,518 | +4.4% |
| Financial charges | 65/66B | €1,287 | €390 | -€897 | -69.7% |
| Recurring financial charges | 65 | €1,287 | €390 | -€897 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | €56,191 | €59,606 | +€3,415 | +6.1% |
| Income taxes | 67/77 | €15,195 | €16,724 | +€1,529 | +10.1% |
| Profit (loss) for the period | 9904 | €40,996 | €42,882 | +€1,886 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,996 | €42,882 | +€1,886 | +4.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.