SIBIOR: 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.
SIBIOR
Largest movements
- Receivables within one year -€7,427
down €7,427 (-74.6%), from €9,962 to €2,535
of which Trade receivables: -€8,812
- Cash -€3,471
down €3,471 (-59.5%), from €5,829 to €2,358
mainly Net result for the year (-€12,346) and Investment in fixed assets (net) (-€709)
- Deferred charges and accrued income +€329
new in 2024: €329
- Tangible fixed assets +€311
up €311 (+71.6%), from €434 to €744
of which Plant, machinery and equipment: +€496
- Profit (loss) carried forward -€12,340
down €12,340, from €8,722 to -€3,618
- Trade debts +€1,914
up €1,914 (+436.7%), from €438 to €2,353
- Gross operating margin -€24,448
down €24,448, from €13,349 to -€11,100
- Taxes -€3,405
down €3,405 (-98.3%), from €3,465 to €60
- Financial charges -€756
down €756 (-85.4%), from €884 to €129
- Other operating charges +€504
up €504 (+326.3%), from €154 to €658
- Depreciation +€275
up €275 (+223.3%), from €123 to €399
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.
Cash bridge derived
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 | €16,225 | €5,967 | -€10,258 | -63.2% |
| Fixed assets | 21/28 | €434 | €744 | +€311 | +71.6% |
| Tangible fixed assets | 22/27 | €434 | €744 | +€311 | +71.6% |
| Plant, machinery and equipment | 23 | - | €496 | +€496 | |
| Furniture and vehicles | 24 | €434 | €248 | -€186 | -42.8% |
| Current assets | 29/58 | €15,791 | €5,223 | -€10,568 | -66.9% |
| Amounts receivable within one year | 40/41 | €9,962 | €2,535 | -€7,427 | -74.6% |
| Trade receivables | 40 | €9,733 | €921 | -€8,812 | -90.5% |
| Other amounts receivable | 41 | €229 | €1,614 | +€1,386 | +606.3% |
| Cash at bank and in hand | 54/58 | €5,829 | €2,358 | -€3,471 | -59.5% |
| Deferred charges and accrued income | 490/1 | - | €329 | +€329 | |
| Total equity and liabilities | 10/49 | €16,225 | €5,967 | -€10,258 | -63.2% |
| Equity | 10/15 | €12,322 | -€18 | -€12,340 | |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,722 | -€3,618 | -€12,340 | |
| Amounts payable | 17/49 | €3,903 | €5,986 | +€2,082 | +53.3% |
| Amounts payable within one year | 42/48 | €3,903 | €5,986 | +€2,082 | +53.3% |
| Trade debts | 44 | €438 | €2,353 | +€1,914 | +436.7% |
| Suppliers | 440/4 | €438 | €2,353 | +€1,914 | +436.7% |
| Taxes, remuneration and social security | 45 | €3,465 | €3,519 | +€54 | +1.6% |
| Taxes | 450/3 | €3,465 | €3,519 | +€54 | +1.6% |
| Other amounts payable | 47/48 | - | €114 | +€114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123 | €399 | +€275 | +223.3% |
| Other operating charges | 640/8 | €154 | €658 | +€504 | +326.3% |
| Gross operating margin | 9900 | €13,349 | -€11,100 | -€24,448 | |
| Operating profit (loss) | 9901 | €13,071 | -€12,157 | -€25,228 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €884 | €129 | -€756 | -85.4% |
| Recurring financial charges | 65 | €884 | €129 | -€756 | -85.4% |
| Profit (loss) for the period before taxes | 9903 | €12,187 | -€12,286 | -€24,472 | |
| Income taxes | 67/77 | €3,465 | €60 | -€3,405 | -98.3% |
| Profit (loss) for the period | 9904 | €8,722 | -€12,346 | -€21,067 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,722 | -€12,346 | -€21,067 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.