SICTJ: 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.
SICTJ
Largest movements
- Current investments +€200,607
new in 2025: €200,607
- Cash -€56,988
down €56,988 (-24.7%), from €230,882 to €173,895
mainly Contributions, distributions and other (-€264,000) and Current investments (-€200,607)
- Receivables within one year -€25,760
down €25,760 (-53.3%), from €48,357 to €22,598
of which Other amounts receivable: -€14,423
- Tangible fixed assets +€17,208
up €17,208 (+3164.0%), from €544 to €17,751
of which Other tangible fixed assets: +€17,751
- Financial fixed assets +€15,236
up €15,236 (+33.3%), from €45,745 to €60,981
- Other debts +€234,643
up €234,643 (+148.8%), from €157,665 to €392,309
- Profit (loss) carried forward -€103,821
down €103,821 (-63.1%), from €164,482 to €60,661
- Accrued charges and deferred income +€11,716
new in 2025: €11,716
- Trade debts +€6,135
up €6,135 (+244.4%), from €2,511 to €8,646
- Gross operating margin +€92,821
up €92,821 (+184.3%), from €50,352 to €143,173
- Financial income -€30,588
down €30,588 (-37.8%), from €80,983 to €50,395
- Financial charges +€11,499
up €11,499 (+462.4%), from €2,487 to €13,986
- Taxes +€10,588
up €10,588 (+171.7%), from €6,167 to €16,755
- Other operating charges -€6,698
down €6,698 (-87.9%), from €7,622 to €924
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 | €327,248 | €477,430 | +€150,182 | +45.9% |
| Fixed assets | 21/28 | €46,289 | €78,732 | +€32,444 | +70.1% |
| Tangible fixed assets | 22/27 | €544 | €17,751 | +€17,208 | +3164.0% |
| Furniture and vehicles | 24 | €544 | €0 | -€544 | -100.0% |
| Other tangible fixed assets | 26 | - | €17,751 | +€17,751 | |
| Financial fixed assets | 28 | €45,745 | €60,981 | +€15,236 | +33.3% |
| Current assets | 29/58 | €280,959 | €398,697 | +€117,738 | +41.9% |
| Amounts receivable within one year | 40/41 | €48,357 | €22,598 | -€25,760 | -53.3% |
| Trade receivables | 40 | €30,428 | €19,091 | -€11,336 | -37.3% |
| Other amounts receivable | 41 | €17,929 | €3,506 | -€14,423 | -80.4% |
| Current investments | 50/53 | - | €200,607 | +€200,607 | |
| Cash at bank and in hand | 54/58 | €230,882 | €173,895 | -€56,988 | -24.7% |
| Deferred charges and accrued income | 490/1 | €1,720 | €1,598 | -€122 | -7.1% |
| Total equity and liabilities | 10/49 | €327,248 | €477,430 | +€150,182 | +45.9% |
| Equity | 10/15 | €165,482 | €61,661 | -€103,821 | -62.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,482 | €60,661 | -€103,821 | -63.1% |
| Amounts payable | 17/49 | €161,766 | €415,769 | +€254,002 | +157.0% |
| Amounts payable within one year | 42/48 | €161,766 | €404,053 | +€242,286 | +149.8% |
| Trade debts | 44 | €2,511 | €8,646 | +€6,135 | +244.4% |
| Suppliers | 440/4 | €2,511 | €8,646 | +€6,135 | +244.4% |
| Taxes, remuneration and social security | 45 | €1,591 | €3,098 | +€1,508 | +94.8% |
| Taxes | 450/3 | €1,591 | €3,098 | +€1,508 | +94.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €157,665 | €392,309 | +€234,643 | +148.8% |
| Accrued charges and deferred income | 492/3 | - | €11,716 | +€11,716 | |
| Non-recurring operating income | 76A | - | €67,426 | +€67,426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €901 | €1,724 | +€822 | +91.3% |
| Other operating charges | 640/8 | €7,622 | €924 | -€6,698 | -87.9% |
| Non-recurring operating charges | 66A | €14,000 | €0 | -€14,000 | -100.0% |
| Gross operating margin | 9900 | €50,352 | €143,173 | +€92,821 | +184.3% |
| Operating profit (loss) | 9901 | €27,829 | €140,525 | +€112,696 | +405.0% |
| Financial income | 75/76B | €80,983 | €50,395 | -€30,588 | -37.8% |
| Recurring financial income | 75 | €80,983 | €50,395 | -€30,588 | -37.8% |
| Financial charges | 65/66B | €2,487 | €13,986 | +€11,499 | +462.4% |
| Recurring financial charges | 65 | €2,487 | €13,986 | +€11,499 | +462.4% |
| Profit (loss) for the period before taxes | 9903 | €106,325 | €176,934 | +€70,609 | +66.4% |
| Income taxes | 67/77 | €6,167 | €16,755 | +€10,588 | +171.7% |
| Profit (loss) for the period | 9904 | €100,158 | €160,179 | +€60,021 | +59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €100,158 | €160,179 | +€60,021 | +59.9% |
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 4 October 2026 via checked.be.