SIBO RETAIL: 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.
SIBO RETAIL
Largest movements
- Receivables after one year +€18,272
up €18,272 (+11.1%), from €165,128 to €183,400
- Receivables within one year -€10,706
down €10,706 (-31.7%), from €33,739 to €23,033
- Tangible fixed assets +€4,311
up €4,311 (+58.5%), from €7,368 to €11,680
of which Other tangible fixed assets: +€6,453
- Tax, wage and social debts -€16,762
down €16,762 (-21.1%), from €79,279 to €62,517
of which Taxes: -€15,714
- Trade debts +€15,377
up €15,377 (+357%), from €4,309 to €19,686
- Profit (loss) carried forward +€14,763
up €14,763 (+15.7%), from €94,246 to €109,009
- Gross operating margin -€17,428
down €17,428 (-32.2%), from €54,093 to €36,666
- Taxes -€6,708
down €6,708 (-40.4%), from €16,600 to €9,892
- Financial charges +€5,140
up €5,140 (+444%), from €1,156 to €6,296
- Financial income -€4,663
down €4,663 (-100%), from €4,663 to €0
- Depreciation -€3,348
down €3,348 (-68.3%), from €4,904 to €1,555
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 | €248,834 | €262,213 | +€13,379 | +5.4% |
| Fixed assets | 21/28 | €7,368 | €11,680 | +€4,311 | +58.5% |
| Tangible fixed assets | 22/27 | €7,368 | €11,680 | +€4,311 | +58.5% |
| Plant, machinery and equipment | 23 | €3,742 | €5,227 | +€1,485 | +39.7% |
| Furniture and vehicles | 24 | €3,626 | €0 | -€3,626 | -100% |
| Other tangible fixed assets | 26 | - | €6,453 | +€6,453 | |
| Current assets | 29/58 | €241,465 | €250,533 | +€9,068 | +3.8% |
| Amounts receivable after more than one year | 29 | €165,128 | €183,400 | +€18,272 | +11.1% |
| Other amounts receivable | 291 | €165,128 | €183,400 | +€18,272 | +11.1% |
| Amounts receivable within one year | 40/41 | €33,739 | €23,033 | -€10,706 | -31.7% |
| Trade receivables | 40 | €33,739 | €23,033 | -€10,706 | -31.7% |
| Cash at bank and in hand | 54/58 | €28,739 | €30,240 | +€1,502 | +5.2% |
| Deferred charges and accrued income | 490/1 | €13,861 | €13,861 | = | 0.0% |
| Total equity and liabilities | 10/49 | €248,834 | €262,213 | +€13,379 | +5.4% |
| Equity | 10/15 | €165,246 | €180,009 | +€14,763 | +8.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €31,000 | €31,000 | = | 0.0% |
| Distributable reserves | 133 | €31,000 | €31,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,246 | €109,009 | +€14,763 | +15.7% |
| Amounts payable | 17/49 | €83,588 | €82,204 | -€1,384 | -1.7% |
| Amounts payable within one year | 42/48 | €83,588 | €82,204 | -€1,384 | -1.7% |
| Trade debts | 44 | €4,309 | €19,686 | +€15,377 | +357% |
| Suppliers | 440/4 | €4,309 | €19,686 | +€15,377 | +357% |
| Taxes, remuneration and social security | 45 | €79,279 | €62,517 | -€16,762 | -21.1% |
| Taxes | 450/3 | €73,279 | €57,564 | -€15,714 | -21.4% |
| Remuneration and social security | 454/9 | €6,000 | €4,953 | -€1,047 | -17.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €5,785 | +€5,785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,904 | €1,555 | -€3,348 | -68.3% |
| Other operating charges | 640/8 | €4,281 | €2,187 | -€2,094 | -48.9% |
| Non-recurring operating charges | 66A | - | €1,973 | +€1,973 | |
| Gross operating margin | 9900 | €54,093 | €36,666 | -€17,428 | -32.2% |
| Operating profit (loss) | 9901 | €44,909 | €30,951 | -€13,958 | -31.1% |
| Financial income | 75/76B | €4,663 | €0 | -€4,663 | -100% |
| Recurring financial income | 75 | €4,663 | €0 | -€4,663 | -100% |
| Financial charges | 65/66B | €1,156 | €6,296 | +€5,140 | +444% |
| Recurring financial charges | 65 | €1,156 | €6,296 | +€5,140 | +444% |
| Profit (loss) for the period before taxes | 9903 | €48,416 | €24,655 | -€23,761 | -49.1% |
| Income taxes | 67/77 | €16,600 | €9,892 | -€6,708 | -40.4% |
| Profit (loss) for the period | 9904 | €31,816 | €14,763 | -€17,052 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €31,816 | €14,763 | -€17,052 | -53.6% |
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 22 October 2026 via checked.be.