SICTAX: 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.
SICTAX
Largest movements
- Cash -€12,809
down €12,809 (-42.4%), from €30,182 to €17,373
mainly Net result for the year (-€10,709) and Accrued charges and deferred income (-€1,750)
- Profit (loss) carried forward -€10,709
down €10,709 (-43.9%), from €24,406 to €13,697
- Accrued charges and deferred income -€1,750
no longer reported in 2024 (was €1,750)
- Trade debts -€604
down €604 (-87.0%), from €694 to €90
- Gross operating margin -€6,742
down €6,742 (-195.5%), from -€3,448 to -€10,190
- Other operating charges -€452
down €452 (-78.6%), from €575 to €123
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,910 | €21,847 | -€13,063 | -37.4% |
| Fixed assets | 21/28 | €345 | €0 | -€345 | -100.0% |
| Tangible fixed assets | 22/27 | €345 | €0 | -€345 | -100.0% |
| Furniture and vehicles | 24 | €345 | €0 | -€345 | -100.0% |
| Current assets | 29/58 | €34,565 | €21,847 | -€12,718 | -36.8% |
| Amounts receivable within one year | 40/41 | €4,383 | €4,474 | +€91 | +2.1% |
| Trade receivables | 40 | - | €4,474 | +€4,474 | |
| Other amounts receivable | 41 | €4,383 | - | -€4,383 | |
| Cash at bank and in hand | 54/58 | €30,182 | €17,373 | -€12,809 | -42.4% |
| Total equity and liabilities | 10/49 | €34,910 | €21,847 | -€13,063 | -37.4% |
| Equity | 10/15 | €32,466 | €21,757 | -€10,709 | -33.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,406 | €13,697 | -€10,709 | -43.9% |
| Amounts payable | 17/49 | €2,444 | €90 | -€2,354 | -96.3% |
| Amounts payable within one year | 42/48 | €694 | €90 | -€604 | -87.0% |
| Trade debts | 44 | €694 | €90 | -€604 | -87.0% |
| Suppliers | 440/4 | €694 | €90 | -€604 | -87.0% |
| Accrued charges and deferred income | 492/3 | €1,750 | - | -€1,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406 | €345 | -€61 | -15.0% |
| Other operating charges | 640/8 | €575 | €123 | -€452 | -78.6% |
| Non-recurring operating charges | 66A | €1,023 | - | -€1,023 | |
| Gross operating margin | 9900 | -€3,448 | -€10,190 | -€6,742 | -195.5% |
| Operating profit (loss) | 9901 | -€5,452 | -€10,658 | -€5,206 | -95.5% |
| Financial charges | 65/66B | €45 | €51 | +€6 | +13.3% |
| Recurring financial charges | 65 | €45 | €51 | +€6 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,497 | -€10,709 | -€5,212 | -94.8% |
| Profit (loss) for the period | 9904 | -€5,497 | -€10,709 | -€5,212 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,497 | -€10,709 | -€5,212 | -94.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.