SICCO: 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.
SICCO
Largest movements
- Cash -€620,745
down €620,745 (-78.1%), from €795,167 to €174,422
mainly Debts after one year (-€866,126) and Receivables after one year (-€598,715)
- Receivables after one year +€598,715
up €598,715 (+880%), from €68,042 to €666,756
- Financial fixed assets +€176,214
up €176,214 (+1.7%), from €10.1m to €10.3m
- Debts after one year -€866,126
down €866,126 (-18.8%), from €4.6m to €3.8m
- Reserves +€780,851
up €780,851 (+17.5%), from €4.5m to €5.2m
- Other debts +€143,795
up €143,795 (+415%), from €34,670 to €178,466
- Financial income +€717,925
up €717,925 (+976%), from €73,543 to €791,468
- Gross operating margin +€299,625
up €299,625 (+227%), from €132,150 to €431,775
- Taxes +€155,057
up €155,057 (+364%), from €42,597 to €197,654
- Financial charges -€5,590
down €5,590 (-16.8%), from €33,308 to €27,718
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,923,383 | €12,986,298 | +€62,916 | +0.5% |
| Fixed assets | 21/28 | €10,170,979 | €10,342,627 | +€171,648 | +1.7% |
| Tangible fixed assets | 22/27 | €35,873 | €31,308 | -€4,566 | -12.7% |
| Plant, machinery and equipment | 23 | €7,183 | €6,703 | -€480 | -6.7% |
| Other tangible fixed assets | 26 | €28,690 | €24,604 | -€4,086 | -14.2% |
| Financial fixed assets | 28 | €10,135,106 | €10,311,319 | +€176,214 | +1.7% |
| Current assets | 29/58 | €2,752,403 | €2,643,671 | -€108,732 | -4.0% |
| Amounts receivable after more than one year | 29 | €68,042 | €666,756 | +€598,715 | +880% |
| Other amounts receivable | 291 | €68,042 | €666,756 | +€598,715 | +880% |
| Amounts receivable within one year | 40/41 | €66,475 | €88,839 | +€22,364 | +33.6% |
| Trade receivables | 40 | €41,931 | €88,354 | +€46,422 | +111% |
| Other amounts receivable | 41 | €24,544 | €486 | -€24,059 | -98.0% |
| Current investments | 50/53 | €1,790,000 | €1,685,000 | -€105,000 | -5.9% |
| Cash at bank and in hand | 54/58 | €795,167 | €174,422 | -€620,745 | -78.1% |
| Deferred charges and accrued income | 490/1 | €32,719 | €28,654 | -€4,066 | -12.4% |
| Total equity and liabilities | 10/49 | €12,923,383 | €12,986,298 | +€62,916 | +0.5% |
| Equity | 10/15 | €8,223,565 | €9,004,416 | +€780,851 | +9.5% |
| Contributions | 10/11 | €3,768,600 | €3,768,600 | = | 0.0% |
| Reserves | 13 | €4,454,965 | €5,235,816 | +€780,851 | +17.5% |
| Distributable reserves | 133 | €4,454,965 | €5,235,816 | +€780,851 | +17.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €4,699,818 | €3,981,882 | -€717,936 | -15.3% |
| Amounts payable after more than one year | 17 | €4,616,126 | €3,750,000 | -€866,126 | -18.8% |
| Other amounts payable | 178/9 | €4,616,126 | €3,750,000 | -€866,126 | -18.8% |
| Amounts payable within one year | 42/48 | €76,254 | €205,698 | +€129,444 | +170% |
| Trade debts | 44 | €21,845 | €52 | -€21,793 | -99.8% |
| Suppliers | 440/4 | €21,845 | €52 | -€21,793 | -99.8% |
| Taxes, remuneration and social security | 45 | €19,738 | €27,180 | +€7,442 | +37.7% |
| Taxes | 450/3 | €10,618 | €16,861 | +€6,244 | +58.8% |
| Remuneration and social security | 454/9 | €9,120 | €10,319 | +€1,198 | +13.1% |
| Other amounts payable | 47/48 | €34,670 | €178,466 | +€143,795 | +415% |
| Accrued charges and deferred income | 492/3 | €7,438 | €26,184 | +€18,745 | +252% |
| Remuneration, social security and pensions | 62 | €35,246 | €37,765 | +€2,519 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,566 | €4,566 | = | 0.0% |
| Other operating charges | 640/8 | €1,627 | €1,243 | -€384 | -23.6% |
| Gross operating margin | 9900 | €132,150 | €431,775 | +€299,625 | +227% |
| Operating profit (loss) | 9901 | €90,712 | €388,201 | +€297,489 | +328% |
| Financial income | 75/76B | €73,543 | €791,468 | +€717,925 | +976% |
| Recurring financial income | 75 | €73,543 | €791,468 | +€717,925 | +976% |
| Financial charges | 65/66B | €33,308 | €27,718 | -€5,590 | -16.8% |
| Recurring financial charges | 65 | €33,308 | €27,718 | -€5,590 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €130,947 | €1,151,951 | +€1.0m | +780% |
| Income taxes | 67/77 | €42,597 | €197,654 | +€155,057 | +364% |
| Profit (loss) for the period | 9904 | €88,350 | €954,297 | +€865,947 | +980% |
| Profit (loss) for the period to be appropriated | 9905 | €88,350 | €954,297 | +€865,947 | +980% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.