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SICOVER: 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.

What changed

SICOVER

BE 0418.356.347
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€18,755
2024 · -€18,580-€175
Equity
-€596,257
2024 · -€577,502-€18,755
Cash
€1,037
2024 · €14+€1,023
Balance sheet total
€31,037
2024 · €30,014+€1,023

Largest movements

2024 to 2025
Assets
  • Cash +€1,023

    up €1,023 (+7107.2%), from €14 to €1,037

    mainly Short-term financial debts (+€11,030) and Other debts (+€8,608)

Equity and liabilities
  • Profit (loss) carried forward -€18,755

    down €18,755 (-2.8%), from -€671,041 to -€689,796

  • Short-term financial debts +€11,030

    up €11,030 (+3.0%), from €362,135 to €373,165

  • Other debts +€8,608

    up €8,608 (+3.5%), from €243,194 to €251,802

Income statement
  • Financial charges +€126

    up €126 (+0.7%), from €16,951 to €17,077

  • Gross operating margin -€46

    down €46 (-3.7%), from -€1,245 to -€1,291

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€18,580
Gross operating margin -€46
Other operating charges -€3
Financial charges -€126
Result 2025 -€18,755

Cash bridge derived

cash 2024 to 2025

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.

From operations -€10,007
Investment €0
Financing +€11,030
Cash 2024 €14
Net result for the year -€18,755
Trade debts +€139
Other debts +€8,608
Short-term financial debts +€11,030
Cash 2025 €1,037
Every line side by side 29 lines
Line Code 2024 2025 Change %
Total assets 20/58 €30,014 €31,037 +€1,023 +3.4%
Current assets 29/58 €30,014 €31,037 +€1,023 +3.4%
Stocks and contracts in progress 3 €30,000 €30,000 = 0.0%
Stocks 30/36 €30,000 €30,000 = 0.0%
Cash at bank and in hand 54/58 €14 €1,037 +€1,023 +7107.2%
Total equity and liabilities 10/49 €30,014 €31,037 +€1,023 +3.4%
Equity 10/15 -€577,502 -€596,257 -€18,755 -3.2%
Contributions 10/11 €91,973 €91,973 = 0.0%
Capital 10 €91,973 €91,973 = 0.0%
Issued capital 100 €91,973 €91,973 = 0.0%
Reserves 13 €1,566 €1,566 = 0.0%
Non-distributable reserves 130/1 €1,566 €1,566 = 0.0%
Legal reserve 130 €1,566 €1,566 = 0.0%
Profit (loss) carried forward 14 -€671,041 -€689,796 -€18,755 -2.8%
Amounts payable 17/49 €607,516 €627,294 +€19,778 +3.3%
Amounts payable within one year 42/48 €607,516 €627,294 +€19,778 +3.3%
Financial debts 43 €362,135 €373,165 +€11,030 +3.0%
Credit institutions 430/8 €362,135 €373,165 +€11,030 +3.0%
Trade debts 44 €2,187 €2,327 +€139 +6.4%
Suppliers 440/4 €2,187 €2,327 +€139 +6.4%
Other amounts payable 47/48 €243,194 €251,802 +€8,608 +3.5%
Other operating charges 640/8 €384 €387 +€3 +0.8%
Gross operating margin 9900 -€1,245 -€1,291 -€46 -3.7%
Operating profit (loss) 9901 -€1,629 -€1,678 -€49 -3.0%
Financial charges 65/66B €16,951 €17,077 +€126 +0.7%
Recurring financial charges 65 €16,951 €17,077 +€126 +0.7%
Profit (loss) for the period before taxes 9903 -€18,580 -€18,755 -€175 -0.9%
Profit (loss) for the period 9904 -€18,580 -€18,755 -€175 -0.9%
Profit (loss) for the period to be appropriated 9905 -€18,580 -€18,755 -€175 -0.9%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.