SIBS Management: 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.
SIBS Management
Largest movements
- Cash -€3,263
down €3,263 (-94.3%), from €3,462 to €199
mainly Net result for the year (-€12,647) and Receivables within one year (-€73)
- Receivables within one year +€73
up €73 (+51.7%), from €142 to €216
- Profit (loss) carried forward -€12,601
new in 2025: -€12,601
- Other debts +€9,500
up €9,500 (+1,843%), from €515 to €10,015
- Reserves -€46
down €46 (-100%), from €46 to €0
- Tax, wage and social debts -€42
down €42 (-100%), from €42 to €0
- Gross operating margin +€1,452
up €1,452 (+10.8%), from -€13,482 to -€12,029
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 | €3,604 | €414 | -€3,189 | -88.5% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €3,604 | €414 | -€3,189 | -88.5% |
| Amounts receivable within one year | 40/41 | €142 | €216 | +€73 | +51.7% |
| Other amounts receivable | 41 | €142 | €216 | +€73 | +51.7% |
| Cash at bank and in hand | 54/58 | €3,462 | €199 | -€3,263 | -94.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,604 | €414 | -€3,189 | -88.5% |
| Equity | 10/15 | €3,046 | -€9,601 | -€12,647 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46 | €0 | -€46 | -100% |
| Distributable reserves | 133 | €46 | €0 | -€46 | -100% |
| Profit (loss) carried forward | 14 | - | -€12,601 | -€12,601 | |
| Amounts payable | 17/49 | €558 | €10,015 | +€9,458 | +1,696% |
| Amounts payable within one year | 42/48 | €558 | €10,015 | +€9,458 | +1,696% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €42 | €0 | -€42 | -100% |
| Taxes | 450/3 | €42 | €0 | -€42 | -100% |
| Other amounts payable | 47/48 | €515 | €10,015 | +€9,500 | +1,843% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €420 | €528 | +€108 | +25.6% |
| Non-recurring operating charges | 66A | €2,515 | €0 | -€2,515 | -100% |
| Gross operating margin | 9900 | -€13,482 | -€12,029 | +€1,452 | +10.8% |
| Operating profit (loss) | 9901 | -€16,417 | -€12,557 | +€3,860 | +23.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €90 | €90 | -€0 | -0.1% |
| Recurring financial charges | 65 | €90 | €90 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,507 | -€12,647 | +€3,860 | +23.4% |
| Income taxes | 67/77 | €42 | €0 | -€42 | -100% |
| Profit (loss) for the period | 9904 | -€16,549 | -€12,647 | +€3,902 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,549 | -€12,647 | +€3,902 | +23.6% |
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 20 October 2026 via checked.be.