SIBEMA: 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.
SIBEMA
Largest movements
- Deferred charges and accrued income +€6,553
new in 2025: €6,553
- Cash -€3,386
down €3,386 (-41.7%), from €8,118 to €4,732
mainly Deferred charges and accrued income (-€6,553) and Net result for the year (-€4,707)
- Profit (loss) carried forward -€4,707
down €4,707 (-16.0%), from -€29,361 to -€34,068
- Other debts +€3,979
up €3,979 (+21.1%), from €18,879 to €22,858
- Trade debts +€3,895
new in 2025: €3,895
- Gross operating margin -€335
down €335 (-9.4%), from -€3,555 to -€3,889
- Financial charges +€45
up €45 (+18.3%), from €245 to €290
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 | €8,118 | €11,284 | +€3,167 | +39.0% |
| Current assets | 29/58 | €8,118 | €11,284 | +€3,167 | +39.0% |
| Cash at bank and in hand | 54/58 | €8,118 | €4,732 | -€3,386 | -41.7% |
| Deferred charges and accrued income | 490/1 | - | €6,553 | +€6,553 | |
| Total equity and liabilities | 10/49 | €8,118 | €11,284 | +€3,167 | +39.0% |
| Equity | 10/15 | -€10,761 | -€15,468 | -€4,707 | -43.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,361 | -€34,068 | -€4,707 | -16.0% |
| Amounts payable | 17/49 | €18,879 | €26,752 | +€7,874 | +41.7% |
| Amounts payable within one year | 42/48 | €18,879 | €26,752 | +€7,874 | +41.7% |
| Trade debts | 44 | - | €3,895 | +€3,895 | |
| Suppliers | 440/4 | - | €3,895 | +€3,895 | |
| Other amounts payable | 47/48 | €18,879 | €22,858 | +€3,979 | +21.1% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€3,555 | -€3,889 | -€335 | -9.4% |
| Operating profit (loss) | 9901 | -€4,068 | -€4,417 | -€349 | -8.6% |
| Financial charges | 65/66B | €245 | €290 | +€45 | +18.3% |
| Recurring financial charges | 65 | €245 | €290 | +€45 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,313 | -€4,707 | -€394 | -9.1% |
| Profit (loss) for the period | 9904 | -€4,313 | -€4,707 | -€394 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,313 | -€4,707 | -€394 | -9.1% |
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 2 October 2026 via checked.be.