SIBOZ GROUP: 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.
SIBOZ GROUP
Largest movements
- Receivables within one year -€23,067
down €23,067 (-11.5%), from €199,775 to €176,708
of which Other amounts receivable: -€18,360
- Cash -€16,449
down €16,449 (-11.3%), from €145,626 to €129,177
mainly Net result for the year (-€34,910) and Other debts (-€8,103)
- Deferred charges and accrued income +€5,280
up €5,280 (+69.5%), from €7,591 to €12,871
- Profit (loss) carried forward -€34,931
down €34,931 (-11.5%), from €303,405 to €268,474
- Other debts -€8,103
down €8,103 (-40.7%), from €19,931 to €11,828
- Trade debts +€5,325
up €5,325 (+13.3%), from €40,028 to €45,353
- Gross operating margin -€52,501
down €52,501, from €23,104 to -€29,397
- Staff costs -€24,821
down €24,821 (-92.8%), from €26,748 to €1,927
- Depreciation -€8,944
down €8,944 (-49.7%), from €17,997 to €9,053
- Financial income +€8,626
new in 2025: €8,626
- Financial charges -€4,056
down €4,056 (-69.7%), from €5,820 to €1,764
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 | €386,034 | €348,541 | -€37,493 | -9.7% |
| Fixed assets | 21/28 | €14,203 | €11,947 | -€2,256 | -15.9% |
| Tangible fixed assets | 22/27 | €11,016 | €8,760 | -€2,256 | -20.5% |
| Furniture and vehicles | 24 | €11,016 | €8,760 | -€2,256 | -20.5% |
| Financial fixed assets | 28 | €3,187 | €3,187 | +€0 | 0.0% |
| Current assets | 29/58 | €371,831 | €336,594 | -€35,237 | -9.5% |
| Stocks and contracts in progress | 3 | €18,838 | €17,838 | -€1,000 | -5.3% |
| Stocks | 30/36 | €18,838 | €17,838 | -€1,000 | -5.3% |
| Amounts receivable within one year | 40/41 | €199,775 | €176,708 | -€23,067 | -11.5% |
| Trade receivables | 40 | €177,144 | €172,437 | -€4,707 | -2.7% |
| Other amounts receivable | 41 | €22,631 | €4,271 | -€18,360 | -81.1% |
| Cash at bank and in hand | 54/58 | €145,626 | €129,177 | -€16,449 | -11.3% |
| Deferred charges and accrued income | 490/1 | €7,591 | €12,871 | +€5,280 | +69.5% |
| Total equity and liabilities | 10/49 | €386,034 | €348,541 | -€37,493 | -9.7% |
| Equity | 10/15 | €323,865 | €288,934 | -€34,931 | -10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €303,405 | €268,474 | -€34,931 | -11.5% |
| Amounts payable | 17/49 | €62,169 | €59,607 | -€2,562 | -4.1% |
| Amounts payable within one year | 42/48 | €62,169 | €59,607 | -€2,562 | -4.1% |
| Trade debts | 44 | €40,028 | €45,353 | +€5,325 | +13.3% |
| Suppliers | 440/4 | €40,028 | €45,353 | +€5,325 | +13.3% |
| Taxes, remuneration and social security | 45 | €2,210 | €2,426 | +€216 | +9.8% |
| Taxes | 450/3 | €1,129 | €1,345 | +€216 | +19.1% |
| Remuneration and social security | 454/9 | €1,081 | €1,081 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €19,931 | €11,828 | -€8,103 | -40.7% |
| Remuneration, social security and pensions | 62 | €26,748 | €1,927 | -€24,821 | -92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,997 | €9,053 | -€8,944 | -49.7% |
| Other operating charges | 640/8 | €437 | €565 | +€128 | +29.2% |
| Gross operating margin | 9900 | €23,104 | -€29,397 | -€52,501 | |
| Operating profit (loss) | 9901 | -€22,078 | -€40,942 | -€18,864 | -85.4% |
| Financial income | 75/76B | - | €8,626 | +€8,626 | |
| Recurring financial income | 75 | - | €8,626 | +€8,626 | |
| Financial charges | 65/66B | €5,820 | €1,764 | -€4,056 | -69.7% |
| Recurring financial charges | 65 | €5,820 | €1,764 | -€4,056 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,898 | -€34,080 | -€6,182 | -22.2% |
| Income taxes | 67/77 | €629 | €830 | +€201 | +32.0% |
| Profit (loss) for the period | 9904 | -€28,527 | -€34,910 | -€6,383 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,527 | -€34,910 | -€6,383 | -22.4% |
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.