Sicolim: 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.
Sicolim
Largest movements
- Tangible fixed assets -€117,050
down €117,050 (-19.6%), from €596,134 to €479,084
of which Plant, machinery and equipment: -€69,702
- Receivables within one year +€41,201
up €41,201 (+52.9%), from €77,893 to €119,094
- Debts after one year -€73,001
down €73,001 (-9.2%), from €796,656 to €723,655
of which Other amounts payable: -€61,439
- Advances received +€24,214
up €24,214 (+116.3%), from €20,816 to €45,030
- Profit (loss) carried forward -€11,932
down €11,932 (-3.6%), from -€332,831 to -€344,763
- Trade debts -€9,118
down €9,118 (-65.1%), from €14,000 to €4,882
- Tax, wage and social debts -€7,181
down €7,181 (-69.2%), from €10,373 to €3,193
of which Taxes: -€6,089
- Gross operating margin -€6,129
down €6,129 (-3.2%), from €191,161 to €185,032
- Staff costs -€3,062
down €3,062 (-3.3%), from €91,596 to €88,534
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 | €694,971 | €617,954 | -€77,018 | -11.1% |
| Fixed assets | 21/28 | €599,296 | €482,246 | -€117,050 | -19.5% |
| Tangible fixed assets | 22/27 | €596,134 | €479,084 | -€117,050 | -19.6% |
| Land and buildings | 22 | €155,123 | €124,868 | -€30,255 | -19.5% |
| Plant, machinery and equipment | 23 | €360,493 | €290,791 | -€69,702 | -19.3% |
| Furniture and vehicles | 24 | €80,518 | €63,425 | -€17,093 | -21.2% |
| Financial fixed assets | 28 | €3,162 | €3,162 | = | 0.0% |
| Current assets | 29/58 | €95,675 | €135,707 | +€40,032 | +41.8% |
| Amounts receivable within one year | 40/41 | €77,893 | €119,094 | +€41,201 | +52.9% |
| Trade receivables | 40 | €77,893 | €119,094 | +€41,201 | +52.9% |
| Cash at bank and in hand | 54/58 | €15,220 | €14,091 | -€1,128 | -7.4% |
| Deferred charges and accrued income | 490/1 | €2,563 | €2,522 | -€41 | -1.6% |
| Total equity and liabilities | 10/49 | €694,971 | €617,954 | -€77,018 | -11.1% |
| Equity | 10/15 | -€146,874 | -€158,806 | -€11,932 | -8.1% |
| Contributions | 10/11 | €178,483 | €178,483 | = | 0.0% |
| Capital | 10 | €178,483 | €178,483 | = | 0.0% |
| Issued capital | 100 | €178,483 | €178,483 | = | 0.0% |
| Reserves | 13 | €7,474 | €7,474 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,474 | €7,474 | = | 0.0% |
| Legal reserve | 130 | €1,316 | €1,316 | = | 0.0% |
| Other | 1319 | €6,159 | €6,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€332,831 | -€344,763 | -€11,932 | -3.6% |
| Amounts payable | 17/49 | €841,845 | €776,760 | -€65,086 | -7.7% |
| Amounts payable after more than one year | 17 | €796,656 | €723,655 | -€73,001 | -9.2% |
| Financial debts | 170/4 | €94,443 | €82,881 | -€11,562 | -12.2% |
| Other amounts payable | 178/9 | €702,213 | €640,774 | -€61,439 | -8.7% |
| Amounts payable within one year | 42/48 | €45,189 | €53,105 | +€7,915 | +17.5% |
| Trade debts | 44 | €14,000 | €4,882 | -€9,118 | -65.1% |
| Suppliers | 440/4 | €14,000 | €4,882 | -€9,118 | -65.1% |
| Advances received on contracts in progress | 46 | €20,816 | €45,030 | +€24,214 | +116.3% |
| Taxes, remuneration and social security | 45 | €10,373 | €3,193 | -€7,181 | -69.2% |
| Taxes | 450/3 | €7,145 | €1,056 | -€6,089 | -85.2% |
| Remuneration and social security | 454/9 | €3,229 | €2,137 | -€1,092 | -33.8% |
| Non-recurring operating income | 76A | €2,722 | €6,555 | +€3,833 | +140.8% |
| Remuneration, social security and pensions | 62 | €91,596 | €88,534 | -€3,062 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,188 | €99,191 | -€997 | -1.0% |
| Other operating charges | 640/8 | €4,538 | €4,581 | +€43 | +1.0% |
| Gross operating margin | 9900 | €191,161 | €185,032 | -€6,129 | -3.2% |
| Operating profit (loss) | 9901 | -€5,161 | -€7,274 | -€2,113 | -40.9% |
| Financial charges | 65/66B | €2,352 | €1,878 | -€474 | -20.2% |
| Recurring financial charges | 65 | €2,352 | €1,878 | -€474 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,513 | -€9,152 | -€1,639 | -21.8% |
| Income taxes | 67/77 | €1,444 | €2,780 | +€1,336 | +92.6% |
| Profit (loss) for the period | 9904 | -€8,956 | -€11,932 | -€2,976 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,956 | -€11,932 | -€2,976 | -33.2% |
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 7 October 2026 via checked.be.