SICILY: what changed
SICILY
Largest movements
- Tangible fixed assets -€14,303
down €14,303 (-61.1%), from €23,408 to €9,105
of which Plant, machinery and equipment: -€7,325
- Receivables within one year +€14,161
up €14,161 (+4.8%), from €296,787 to €310,948
of which Other amounts receivable: +€15,511
- Cash -€8,932
down €8,932 (-23.4%), from €38,236 to €29,304
mainly Trade debts (-€18,961) and Receivables within one year (-€14,161)
- Debts after one year +€30,953
up €30,953 (+165%), from €18,742 to €49,695
- Trade debts -€18,961
down €18,961 (-7.2%), from €263,758 to €244,797
- Tax, wage and social debts -€10,528
down €10,528 (-55.0%), from €19,128 to €8,600
- Current portion of long-term debt -€8,125
down €8,125 (-32.9%), from €24,726 to €16,601
- Profit (loss) carried forward -€7,471
down €7,471, from €812 to -€6,659
- Staff costs -€87,388
down €87,388 (-78.9%), from €110,699 to €23,311
- Gross operating margin -€56,266
down €56,266 (-50.1%), from €112,363 to €56,096
- Taxes +€6,841
up €6,841 (+770%), from €889 to €7,730
- Other operating charges -€3,915
down €3,915 (-40.0%), from €9,791 to €5,876
- Depreciation -€2,353
down €2,353 (-14.1%), from €16,656 to €14,303
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,432 | €393,300 | -€9,133 | -2.3% |
| Fixed assets | 21/28 | €24,779 | €10,476 | -€14,303 | -57.7% |
| Tangible fixed assets | 22/27 | €23,408 | €9,105 | -€14,303 | -61.1% |
| Plant, machinery and equipment | 23 | €7,325 | - | -€7,325 | |
| Furniture and vehicles | 24 | €16,083 | €9,105 | -€6,978 | -43.4% |
| Financial fixed assets | 28 | €1,371 | €1,371 | = | 0.0% |
| Current assets | 29/58 | €377,653 | €382,824 | +€5,170 | +1.4% |
| Stocks and contracts in progress | 3 | €42,630 | €40,888 | -€1,742 | -4.1% |
| Stocks | 30/36 | €42,630 | €40,888 | -€1,742 | -4.1% |
| Amounts receivable within one year | 40/41 | €296,787 | €310,948 | +€14,161 | +4.8% |
| Trade receivables | 40 | €243,903 | €242,553 | -€1,350 | -0.6% |
| Other amounts receivable | 41 | €52,884 | €68,395 | +€15,511 | +29.3% |
| Cash at bank and in hand | 54/58 | €38,236 | €29,304 | -€8,932 | -23.4% |
| Deferred charges and accrued income | 490/1 | €0 | €1,683 | +€1,683 | |
| Total equity and liabilities | 10/49 | €402,432 | €393,300 | -€9,133 | -2.3% |
| Equity | 10/15 | €23,418 | €15,947 | -€7,471 | -31.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €16,405 | €16,405 | = | 0.0% |
| Distributable reserves | 133 | €16,405 | €16,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | €812 | -€6,659 | -€7,471 | |
| Amounts payable | 17/49 | €379,015 | €377,353 | -€1,662 | -0.4% |
| Amounts payable after more than one year | 17 | €18,742 | €49,695 | +€30,953 | +165% |
| Financial debts | 170/4 | €18,742 | €49,695 | +€30,953 | +165% |
| Amounts payable within one year | 42/48 | €360,273 | €327,658 | -€32,615 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €24,726 | €16,601 | -€8,125 | -32.9% |
| Financial debts | 43 | €49,811 | €49,811 | = | 0.0% |
| Credit institutions | 430/8 | €49,811 | €49,811 | = | 0.0% |
| Trade debts | 44 | €263,758 | €244,797 | -€18,961 | -7.2% |
| Suppliers | 440/4 | €263,758 | €244,797 | -€18,961 | -7.2% |
| Advances received on contracts in progress | 46 | €2,850 | €7,850 | +€5,000 | +175% |
| Taxes, remuneration and social security | 45 | €19,128 | €8,600 | -€10,528 | -55.0% |
| Taxes | 450/3 | €19,128 | €8,600 | -€10,528 | -55.0% |
| Remuneration, social security and pensions | 62 | €110,699 | €23,311 | -€87,388 | -78.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,656 | €14,303 | -€2,353 | -14.1% |
| Other operating charges | 640/8 | €9,791 | €5,876 | -€3,915 | -40.0% |
| Gross operating margin | 9900 | €112,363 | €56,096 | -€56,266 | -50.1% |
| Operating profit (loss) | 9901 | -€24,783 | €12,606 | +€37,390 | |
| Financial income | 75/76B | €745 | €90 | -€655 | -87.9% |
| Recurring financial income | 75 | €745 | €90 | -€655 | -87.9% |
| Financial charges | 65/66B | €10,956 | €12,437 | +€1,482 | +13.5% |
| Recurring financial charges | 65 | €10,956 | €12,437 | +€1,482 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,994 | €259 | +€35,253 | |
| Income taxes | 67/77 | €889 | €7,730 | +€6,841 | +770% |
| Profit (loss) for the period | 9904 | -€35,883 | -€7,471 | +€28,412 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,883 | -€7,471 | +€28,412 | +79.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.