SIBOIS: 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.
SIBOIS
Largest movements
- Tangible fixed assets -€25,184
down €25,184 (-44.2%), from €56,921 to €31,737
of which Furniture and vehicles: -€17,008
- Receivables within one year +€7,744
up €7,744 (+5.0%), from €153,977 to €161,721
of which Other amounts receivable: +€15,271
- Cash +€6,261
up €6,261 (+15.3%), from €40,845 to €47,106
mainly Other debts (+€37,624) and Depreciation (+€25,184)
- Reserves -€37,624
down €37,624 (-34.4%), from €109,314 to €71,689
- Other debts +€37,624
new in 2025: €37,624
- Debts after one year -€15,253
down €15,253 (-75.9%), from €20,084 to €4,831
- Current portion of long-term debt -€3,477
down €3,477 (-18.6%), from €18,730 to €15,253
- Trade debts +€2,837
up €2,837 (+28.2%), from €10,057 to €12,895
- Other operating charges +€6,467
up €6,467 (+268%), from €2,410 to €8,877
- Gross operating margin +€6,017
up €6,017 (+19.0%), from €31,615 to €37,632
- Taxes -€4,295
down €4,295 (-91.4%), from €4,702 to €406
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 | €253,755 | €241,876 | -€11,880 | -4.7% |
| Fixed assets | 21/28 | €56,921 | €31,737 | -€25,184 | -44.2% |
| Tangible fixed assets | 22/27 | €56,921 | €31,737 | -€25,184 | -44.2% |
| Plant, machinery and equipment | 23 | €203 | - | -€203 | |
| Furniture and vehicles | 24 | €40,830 | €23,822 | -€17,008 | -41.7% |
| Leasing and similar rights | 25 | €11,765 | €5,882 | -€5,882 | -50.0% |
| Other tangible fixed assets | 26 | €4,124 | €2,033 | -€2,091 | -50.7% |
| Current assets | 29/58 | €196,834 | €210,138 | +€13,305 | +6.8% |
| Stocks and contracts in progress | 3 | €1,420 | €774 | -€646 | -45.5% |
| Stocks | 30/36 | €1,420 | €774 | -€646 | -45.5% |
| Amounts receivable within one year | 40/41 | €153,977 | €161,721 | +€7,744 | +5.0% |
| Trade receivables | 40 | €148,511 | €140,984 | -€7,526 | -5.1% |
| Other amounts receivable | 41 | €5,466 | €20,737 | +€15,271 | +279% |
| Cash at bank and in hand | 54/58 | €40,845 | €47,106 | +€6,261 | +15.3% |
| Deferred charges and accrued income | 490/1 | €592 | €537 | -€55 | -9.3% |
| Total equity and liabilities | 10/49 | €253,755 | €241,876 | -€11,880 | -4.7% |
| Equity | 10/15 | €197,932 | €162,914 | -€35,018 | -17.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €109,314 | €71,689 | -€37,624 | -34.4% |
| Distributable reserves | 133 | €109,314 | €71,689 | -€37,624 | -34.4% |
| Profit (loss) carried forward | 14 | €70,026 | €72,633 | +€2,606 | +3.7% |
| Amounts payable | 17/49 | €55,823 | €78,961 | +€23,138 | +41.4% |
| Amounts payable after more than one year | 17 | €20,084 | €4,831 | -€15,253 | -75.9% |
| Financial debts | 170/4 | €20,084 | €4,831 | -€15,253 | -75.9% |
| Amounts payable within one year | 42/48 | €35,739 | €74,131 | +€38,392 | +107% |
| Current portion of amounts payable after more than one year | 42 | €18,730 | €15,253 | -€3,477 | -18.6% |
| Trade debts | 44 | €10,057 | €12,895 | +€2,837 | +28.2% |
| Suppliers | 440/4 | €10,057 | €12,895 | +€2,837 | +28.2% |
| Taxes, remuneration and social security | 45 | €6,952 | €8,358 | +€1,406 | +20.2% |
| Taxes | 450/3 | €6,952 | €8,358 | +€1,406 | +20.2% |
| Other amounts payable | 47/48 | - | €37,624 | +€37,624 | |
| Remuneration, social security and pensions | 62 | -€0 | - | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,252 | €25,184 | -€68 | -0.3% |
| Other operating charges | 640/8 | €2,410 | €8,877 | +€6,467 | +268% |
| Gross operating margin | 9900 | €31,615 | €37,632 | +€6,017 | +19.0% |
| Operating profit (loss) | 9901 | €3,952 | €3,571 | -€381 | -9.6% |
| Financial income | 75/76B | €29 | €310 | +€281 | +953% |
| Recurring financial income | 75 | €29 | €310 | +€281 | +953% |
| Financial charges | 65/66B | €1,216 | €869 | -€347 | -28.6% |
| Recurring financial charges | 65 | €1,216 | €869 | -€347 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €2,766 | €3,013 | +€247 | +8.9% |
| Income taxes | 67/77 | €4,702 | €406 | -€4,295 | -91.4% |
| Profit (loss) for the period | 9904 | -€1,936 | €2,606 | +€4,542 | |
| Transfer from tax-exempt reserves | 789 | €14,245 | - | -€14,245 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,310 | €2,606 | -€9,704 | -78.8% |
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 25 October 2026 via checked.be.