SICE MODE: 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.
SICE MODE
Largest movements
- Receivables within one year +€142,337
up €142,337 (+757.5%), from €18,790 to €161,127
of which Trade receivables: +€140,188
- Stocks and contracts +€41,062
new in 2024: €41,062
- Tangible fixed assets +€14,352
new in 2024: €14,352
- Trade debts +€176,485
up €176,485 (+391.2%), from €45,114 to €221,598
- Profit (loss) carried forward +€31,097
up €31,097, from -€30,792 to €305
- Other debts -€12,814
no longer reported in 2024 (was €12,814)
- Tax, wage and social debts +€5,150
up €5,150 (+121.4%), from €4,242 to €9,392
of which Taxes: +€5,756
- Gross operating margin +€92,001
up €92,001, from -€25,958 to €66,043
- Staff costs +€22,370
up €22,370 (+546.8%), from €4,091 to €26,461
- Taxes +€6,813
new in 2024: €6,813
- Other operating charges +€822
up €822 (+1095.0%), from €75 to €897
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,378 | €231,295 | +€199,917 | +637.1% |
| Fixed assets | 21/28 | €4,600 | €18,952 | +€14,352 | +312.0% |
| Tangible fixed assets | 22/27 | - | €14,352 | +€14,352 | |
| Furniture and vehicles | 24 | - | €14,352 | +€14,352 | |
| Financial fixed assets | 28 | €4,600 | €4,600 | = | 0.0% |
| Current assets | 29/58 | €26,778 | €212,343 | +€185,565 | +693.0% |
| Stocks and contracts in progress | 3 | - | €41,062 | +€41,062 | |
| Stocks | 30/36 | - | €41,062 | +€41,062 | |
| Amounts receivable within one year | 40/41 | €18,790 | €161,127 | +€142,337 | +757.5% |
| Trade receivables | 40 | €18,790 | €158,977 | +€140,188 | +746.1% |
| Other amounts receivable | 41 | - | €2,150 | +€2,150 | |
| Cash at bank and in hand | 54/58 | €7,989 | €10,154 | +€2,165 | +27.1% |
| Total equity and liabilities | 10/49 | €31,378 | €231,295 | +€199,917 | +637.1% |
| Equity | 10/15 | -€30,792 | €305 | +€31,097 | |
| Profit (loss) carried forward | 14 | -€30,792 | €305 | +€31,097 | |
| Amounts payable | 17/49 | €62,170 | €230,990 | +€168,820 | +271.5% |
| Amounts payable within one year | 42/48 | €62,170 | €230,990 | +€168,820 | +271.5% |
| Trade debts | 44 | €45,114 | €221,598 | +€176,485 | +391.2% |
| Suppliers | 440/4 | €45,114 | €221,598 | +€176,485 | +391.2% |
| Taxes, remuneration and social security | 45 | €4,242 | €9,392 | +€5,150 | +121.4% |
| Taxes | 450/3 | €2,846 | €8,602 | +€5,756 | +202.2% |
| Remuneration and social security | 454/9 | €1,396 | €790 | -€606 | -43.4% |
| Other amounts payable | 47/48 | €12,814 | - | -€12,814 | |
| Remuneration, social security and pensions | 62 | €4,091 | €26,461 | +€22,370 | +546.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €648 | +€648 | |
| Other operating charges | 640/8 | €75 | €897 | +€822 | +1095.0% |
| Gross operating margin | 9900 | -€25,958 | €66,043 | +€92,001 | |
| Operating profit (loss) | 9901 | -€30,124 | €38,037 | +€68,162 | |
| Financial income | 75/76B | €4 | €334 | +€330 | +8293.5% |
| Recurring financial income | 75 | €4 | €334 | +€330 | +8293.5% |
| Financial charges | 65/66B | €671 | €462 | -€210 | -31.2% |
| Recurring financial charges | 65 | €671 | €462 | -€210 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | -€30,792 | €37,910 | +€68,701 | |
| Income taxes | 67/77 | - | €6,813 | +€6,813 | |
| Profit (loss) for the period | 9904 | -€30,792 | €31,097 | +€61,888 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,792 | €31,097 | +€61,888 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.