SIC-HOLDING: 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.
SIC-HOLDING
Largest movements
- Cash -€7,102
down €7,102 (-75.0%), from €9,469 to €2,367
mainly Debts after one year (-€100,000) and Other debts (-€10,348)
- Debts after one year -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Reserves +€50,523
up €50,523 (+42.7%), from €118,290 to €168,813
- Current portion of long-term debt +€48,468
up €48,468 (+94.1%), from €51,532 to €100,000
- Other debts -€10,348
down €10,348 (-4.3%), from €238,733 to €228,385
- Financial income -€32,746
down €32,746 (-32.2%), from €101,581 to €68,834
- Financial charges -€2,408
down €2,408 (-17.4%), from €13,831 to €11,423
- Taxes -€1,327
down €1,327 (-20.8%), from €6,379 to €5,052
- Gross operating margin -€480
down €480 (-64.3%), from -€748 to -€1,228
- Other operating charges +€17
up €17 (+2.9%), from €590 to €607
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 | €597,069 | €590,475 | -€6,594 | -1.1% |
| Fixed assets | 21/28 | €587,600 | €587,600 | = | 0.0% |
| Financial fixed assets | 28 | €587,600 | €587,600 | = | 0.0% |
| Current assets | 29/58 | €9,469 | €2,875 | -€6,594 | -69.6% |
| Amounts receivable within one year | 40/41 | - | €508 | +€508 | |
| Other amounts receivable | 41 | - | €508 | +€508 | |
| Cash at bank and in hand | 54/58 | €9,469 | €2,367 | -€7,102 | -75.0% |
| Total equity and liabilities | 10/49 | €597,069 | €590,475 | -€6,594 | -1.1% |
| Equity | 10/15 | €198,290 | €248,813 | +€50,523 | +25.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €118,290 | €168,813 | +€50,523 | +42.7% |
| Distributable reserves | 133 | €118,290 | €168,813 | +€50,523 | +42.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €398,779 | €341,661 | -€57,117 | -14.3% |
| Amounts payable after more than one year | 17 | €100,000 | €0 | -€100,000 | -100.0% |
| Financial debts | 170/4 | €100,000 | €0 | -€100,000 | -100.0% |
| Amounts payable within one year | 42/48 | €298,779 | €341,661 | +€42,883 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €51,532 | €100,000 | +€48,468 | +94.1% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,513 | €13,276 | +€4,763 | +55.9% |
| Taxes | 450/3 | €8,513 | €13,276 | +€4,763 | +55.9% |
| Other amounts payable | 47/48 | €238,733 | €228,385 | -€10,348 | -4.3% |
| Other operating charges | 640/8 | €590 | €607 | +€17 | +2.9% |
| Gross operating margin | 9900 | -€748 | -€1,228 | -€480 | -64.3% |
| Operating profit (loss) | 9901 | -€1,338 | -€1,836 | -€497 | -37.2% |
| Financial income | 75/76B | €101,581 | €68,834 | -€32,746 | -32.2% |
| Recurring financial income | 75 | €101,581 | €68,834 | -€32,746 | -32.2% |
| Financial charges | 65/66B | €13,831 | €11,423 | -€2,408 | -17.4% |
| Recurring financial charges | 65 | €13,831 | €11,423 | -€2,408 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €86,412 | €55,576 | -€30,836 | -35.7% |
| Income taxes | 67/77 | €6,379 | €5,052 | -€1,327 | -20.8% |
| Profit (loss) for the period | 9904 | €80,032 | €50,523 | -€29,509 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €80,032 | €50,523 | -€29,509 | -36.9% |
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.