SICIL-IMPEX: 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.
SICIL-IMPEX
Largest movements
- Receivables within one year +€1.6m
up €1.6m (+201.8%), from €783,191 to €2.4m
of which Trade receivables: +€1.6m
- Cash +€614,707
up €614,707 (+54.5%), from €1.1m to €1.7m
mainly Other debts (+€1.3m) and Net result for the year (+€1.0m)
- Receivables after one year -€100,000
down €100,000 (-5.8%), from €1.7m to €1.6m
- Other debts +€1.3m
up €1.3m (+132.7%), from €980,393 to €2.3m
- Provisions +€621,031
up €621,031 (+124.7%), from €497,937 to €1.1m
- Reserves -€361,613
down €361,613 (-14.5%), from €2.5m to €2.1m
- Trade debts +€282,856
up €282,856 (+56.1%), from €504,575 to €787,431
- Tax, wage and social debts +€211,420
up €211,420 (+19774.1%), from €1,069 to €212,489
- Gross operating margin +€1.3m
up €1.3m (+232.1%), from €552,770 to €1.8m
- Taxes +€249,779
up €249,779 (+4669.4%), from €5,349 to €255,128
- Write-downs -€126,508
down €126,508 (-93.5%), from €135,374 to €8,866
- Financial income -€63,838
down €63,838 (-27.3%), from €234,165 to €170,327
- Other operating charges -€25,124
down €25,124 (-75.4%), from €33,327 to €8,203
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 | €4,535,112 | €6,599,398 | +€2.1m | +45.5% |
| Fixed assets | 21/28 | €789,822 | €774,908 | -€14,914 | -1.9% |
| Tangible fixed assets | 22/27 | €147,113 | €132,199 | -€14,914 | -10.1% |
| Plant, machinery and equipment | 23 | €103,751 | €98,833 | -€4,917 | -4.7% |
| Furniture and vehicles | 24 | €43,362 | €33,365 | -€9,997 | -23.1% |
| Financial fixed assets | 28 | €642,709 | €642,709 | = | 0.0% |
| Current assets | 29/58 | €3,745,291 | €5,824,491 | +€2.1m | +55.5% |
| Amounts receivable after more than one year | 29 | €1,710,000 | €1,610,000 | -€100,000 | -5.8% |
| Other amounts receivable | 291 | €1,710,000 | €1,610,000 | -€100,000 | -5.8% |
| Amounts receivable within one year | 40/41 | €783,191 | €2,363,639 | +€1.6m | +201.8% |
| Trade receivables | 40 | €580,553 | €2,143,550 | +€1.6m | +269.2% |
| Other amounts receivable | 41 | €202,637 | €220,089 | +€17,452 | +8.6% |
| Cash at bank and in hand | 54/58 | €1,127,100 | €1,741,807 | +€614,707 | +54.5% |
| Deferred charges and accrued income | 490/1 | €125,000 | €109,044 | -€15,956 | -12.8% |
| Total equity and liabilities | 10/49 | €4,535,112 | €6,599,398 | +€2.1m | +45.5% |
| Equity | 10/15 | €2,550,171 | €2,188,558 | -€361,613 | -14.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €2,500,171 | €2,138,558 | -€361,613 | -14.5% |
| Distributable reserves | 133 | €2,500,171 | €2,138,558 | -€361,613 | -14.5% |
| Provisions and deferred taxes | 16 | €497,937 | €1,118,967 | +€621,031 | +124.7% |
| Provisions for liabilities and charges | 160/5 | €497,937 | €1,118,967 | +€621,031 | +124.7% |
| Other liabilities and charges | 164/5 | €497,937 | €1,118,967 | +€621,031 | +124.7% |
| Amounts payable | 17/49 | €1,487,005 | €3,291,873 | +€1.8m | +121.4% |
| Amounts payable within one year | 42/48 | €1,486,037 | €3,281,551 | +€1.8m | +120.8% |
| Trade debts | 44 | €504,575 | €787,431 | +€282,856 | +56.1% |
| Suppliers | 440/4 | €504,575 | €787,431 | +€282,856 | +56.1% |
| Taxes, remuneration and social security | 45 | €1,069 | €212,489 | +€211,420 | +19774.1% |
| Taxes | 450/3 | €1,069 | €212,489 | +€211,420 | +19774.1% |
| Other amounts payable | 47/48 | €980,393 | €2,281,631 | +€1.3m | +132.7% |
| Accrued charges and deferred income | 492/3 | €968 | €10,321 | +€9,354 | +966.8% |
| Non-recurring operating income | 76A | €20,000 | - | -€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,382 | €63,378 | +€11,996 | +23.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €135,374 | €8,866 | -€126,508 | -93.5% |
| Other operating charges | 640/8 | €33,327 | €8,203 | -€25,124 | -75.4% |
| Non-recurring operating charges | 66A | €497,937 | €621,031 | +€123,094 | +24.7% |
| Gross operating margin | 9900 | €552,770 | €1,835,651 | +€1.3m | +232.1% |
| Operating profit (loss) | 9901 | -€165,248 | €1,134,173 | +€1.3m | |
| Financial income | 75/76B | €234,165 | €170,327 | -€63,838 | -27.3% |
| Recurring financial income | 75 | €234,165 | €170,327 | -€63,838 | -27.3% |
| Financial charges | 65/66B | €15,429 | €8,665 | -€6,764 | -43.8% |
| Recurring financial charges | 65 | €15,429 | €8,665 | -€6,764 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €53,488 | €1,295,834 | +€1.2m | +2322.7% |
| Income taxes | 67/77 | €5,349 | €255,128 | +€249,779 | +4669.4% |
| Profit (loss) for the period | 9904 | €48,138 | €1,040,706 | +€992,568 | +2061.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,138 | €1,040,706 | +€992,568 | +2061.9% |
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 5 October 2026 via checked.be.