Sibz: 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.
Sibz
Largest movements
- Tangible fixed assets -€3,070
down €3,070 (-49.9%), from €6,154 to €3,084
of which Plant, machinery and equipment: -€2,557
- Cash +€1,198
up €1,198 (+394.4%), from €304 to €1,502
mainly Depreciation (+€3,070) and Short-term financial debts (+€1,553)
- Debts after one year -€3,092
no longer reported in 2025 (was €3,092)
- Current portion of long-term debt -€2,192
down €2,192 (-45.2%), from €4,846 to €2,653
- Short-term financial debts +€1,553
new in 2025: €1,553
- Trade debts +€985
up €985 (+25.6%), from €3,848 to €4,833
- Tax, wage and social debts +€936
up €936 (+12.0%), from €7,790 to €8,725
of which Remuneration and social security: +€556
- Staff costs +€2,447
up €2,447 (+20.6%), from €11,872 to €14,319
- Gross operating margin +€1,581
up €1,581 (+7.8%), from €20,402 to €21,983
- Financial charges +€882
up €882 (+58.1%), from €1,516 to €2,398
- Depreciation -€664
down €664 (-17.8%), from €3,734 to €3,070
- Other operating charges -€278
down €278 (-16.3%), from €1,701 to €1,423
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.
Cash bridge derived
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 | €14,396 | €12,552 | -€1,845 | -12.8% |
| Fixed assets | 21/28 | €10,954 | €7,884 | -€3,070 | -28.0% |
| Tangible fixed assets | 22/27 | €6,154 | €3,084 | -€3,070 | -49.9% |
| Plant, machinery and equipment | 23 | €3,476 | €919 | -€2,557 | -73.6% |
| Furniture and vehicles | 24 | €948 | €701 | -€248 | -26.1% |
| Other tangible fixed assets | 26 | €1,729 | €1,464 | -€265 | -15.3% |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €3,443 | €4,668 | +€1,225 | +35.6% |
| Stocks and contracts in progress | 3 | €912 | €912 | = | 0.0% |
| Stocks | 30/36 | €912 | €912 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,371 | €1,408 | +€37 | +2.7% |
| Trade receivables | 40 | €1,371 | €1,408 | +€37 | +2.7% |
| Cash at bank and in hand | 54/58 | €304 | €1,502 | +€1,198 | +394.4% |
| Deferred charges and accrued income | 490/1 | €855 | €845 | -€10 | -1.2% |
| Total equity and liabilities | 10/49 | €14,396 | €12,552 | -€1,845 | -12.8% |
| Equity | 10/15 | -€6,607 | -€5,820 | +€787 | +11.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,607 | -€20,820 | +€787 | +3.6% |
| Amounts payable | 17/49 | €21,003 | €18,372 | -€2,632 | -12.5% |
| Amounts payable after more than one year | 17 | €3,092 | - | -€3,092 | |
| Financial debts | 170/4 | €3,092 | - | -€3,092 | |
| Amounts payable within one year | 42/48 | €17,911 | €18,372 | +€460 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €4,846 | €2,653 | -€2,192 | -45.2% |
| Financial debts | 43 | - | €1,553 | +€1,553 | |
| Credit institutions | 430/8 | - | €1,553 | +€1,553 | |
| Trade debts | 44 | €3,848 | €4,833 | +€985 | +25.6% |
| Suppliers | 440/4 | €3,848 | €4,833 | +€985 | +25.6% |
| Taxes, remuneration and social security | 45 | €7,790 | €8,725 | +€936 | +12.0% |
| Taxes | 450/3 | €2,475 | €2,855 | +€380 | +15.3% |
| Remuneration and social security | 454/9 | €5,314 | €5,870 | +€556 | +10.5% |
| Other amounts payable | 47/48 | €1,428 | €607 | -€821 | -57.5% |
| Remuneration, social security and pensions | 62 | €11,872 | €14,319 | +€2,447 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,734 | €3,070 | -€664 | -17.8% |
| Other operating charges | 640/8 | €1,701 | €1,423 | -€278 | -16.3% |
| Gross operating margin | 9900 | €20,402 | €21,983 | +€1,581 | +7.8% |
| Operating profit (loss) | 9901 | €3,095 | €3,171 | +€76 | +2.5% |
| Financial income | 75/76B | €6 | €14 | +€8 | +139.9% |
| Recurring financial income | 75 | €6 | €14 | +€8 | +139.9% |
| Financial charges | 65/66B | €1,516 | €2,398 | +€882 | +58.1% |
| Recurring financial charges | 65 | €1,516 | €2,398 | +€882 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €1,584 | €787 | -€798 | -50.3% |
| Profit (loss) for the period | 9904 | €1,584 | €787 | -€798 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,584 | €787 | -€798 | -50.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.