SICOMAC: 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.
SICOMAC
Largest movements
- Receivables within one year +€22,947
new in 2025: €22,947
of which Trade receivables: +€22,514
- Cash +€8,111
up €8,111 (+50.7%), from €16,013 to €24,124
mainly Trade debts (+€23,067) and Net result for the year (+€10,191)
- Tangible fixed assets +€4,007
new in 2025: €4,007
- Deferred charges and accrued income +€815
new in 2025: €815
- Trade debts +€23,067
up €23,067 (+2043.3%), from €1,129 to €24,196
- Profit (loss) carried forward +€10,191
up €10,191 (+246.6%), from €4,133 to €14,324
- Tax, wage and social debts +€2,641
up €2,641 (+31.6%), from €8,357 to €10,998
of which Taxes: +€2,627
- Gross operating margin +€9,017
up €9,017 (+174.5%), from €5,166 to €14,183
- Taxes +€1,659
up €1,659 (+160.5%), from €1,033 to €2,692
- Financial charges +€818
new in 2025: €818
- Depreciation +€481
new in 2025: €481
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 | €16,138 | €52,018 | +€35,880 | +222.3% |
| Fixed assets | 21/28 | €125 | €4,132 | +€4,007 | +3205.4% |
| Tangible fixed assets | 22/27 | - | €4,007 | +€4,007 | |
| Furniture and vehicles | 24 | - | €4,007 | +€4,007 | |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €16,013 | €47,887 | +€31,873 | +199.0% |
| Amounts receivable within one year | 40/41 | - | €22,947 | +€22,947 | |
| Trade receivables | 40 | - | €22,514 | +€22,514 | |
| Other amounts receivable | 41 | - | €433 | +€433 | |
| Cash at bank and in hand | 54/58 | €16,013 | €24,124 | +€8,111 | +50.7% |
| Deferred charges and accrued income | 490/1 | - | €815 | +€815 | |
| Total equity and liabilities | 10/49 | €16,138 | €52,018 | +€35,880 | +222.3% |
| Equity | 10/15 | €6,633 | €16,824 | +€10,191 | +153.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,133 | €14,324 | +€10,191 | +246.6% |
| Amounts payable | 17/49 | €9,506 | €35,194 | +€25,689 | +270.2% |
| Amounts payable within one year | 42/48 | €9,506 | €35,194 | +€25,689 | +270.2% |
| Trade debts | 44 | €1,129 | €24,196 | +€23,067 | +2043.3% |
| Suppliers | 440/4 | €1,129 | €24,196 | +€23,067 | +2043.3% |
| Taxes, remuneration and social security | 45 | €8,357 | €10,998 | +€2,641 | +31.6% |
| Taxes | 450/3 | €6,137 | €8,763 | +€2,627 | +42.8% |
| Remuneration and social security | 454/9 | €2,220 | €2,235 | +€15 | +0.7% |
| Other amounts payable | 47/48 | €20 | - | -€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €481 | +€481 | |
| Gross operating margin | 9900 | €5,166 | €14,183 | +€9,017 | +174.5% |
| Operating profit (loss) | 9901 | €5,166 | €13,702 | +€8,536 | +165.2% |
| Financial charges | 65/66B | - | €818 | +€818 | |
| Recurring financial charges | 65 | - | €818 | +€818 | |
| Profit (loss) for the period before taxes | 9903 | €5,166 | €12,883 | +€7,717 | +149.4% |
| Income taxes | 67/77 | €1,033 | €2,692 | +€1,659 | +160.5% |
| Profit (loss) for the period | 9904 | €4,133 | €10,191 | +€6,059 | +146.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,133 | €10,191 | +€6,059 | +146.6% |
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 2 October 2026 via checked.be.