SIDATI: what changed
What changed
SIDATI
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
-€28,620
2024 · -€108,593+€79,972
Equity
€103,774
2024 · €132,394-€28,620
Cash
€92,882
2024 · €78,914+€13,969
Balance sheet total
€628,005
2024 · €585,882+€42,123
Largest movements
Assets
- Stocks and contracts +€74,409
up €74,409 (+157%), from €47,294 to €121,703
- Receivables within one year -€27,356
down €27,356 (-9.7%), from €282,716 to €255,360
of which Other amounts receivable: -€56,766
- Tangible fixed assets -€21,547
down €21,547 (-13.6%), from €157,969 to €136,421
of which Furniture and vehicles: -€14,063
- Cash +€13,969
up €13,969 (+17.7%), from €78,914 to €92,882
mainly Trade debts (+€150,139) and Depreciation (+€58,276)
Equity and liabilities
- Trade debts +€150,139
up €150,139 (+87.9%), from €170,811 to €320,950
- Current portion of long-term debt -€93,439
down €93,439 (-74.2%), from €125,938 to €32,499
- Short-term financial debts +€40,000
up €40,000 (+66.7%), from €60,000 to €100,000
- Debts after one year -€32,500
down €32,500 (-46.7%), from €69,563 to €37,063
- Profit (loss) carried forward -€28,620
down €28,620 (-52.0%), from -€55,051 to -€83,672
Income statement
- Gross operating margin +€148,425
up €148,425 (+29.3%), from €506,433 to €654,858
- Staff costs +€61,224
up €61,224 (+11.4%), from €538,856 to €600,080
- Other operating charges -€17,570
down €17,570 (-62.1%), from €28,284 to €10,714
- Depreciation +€14,913
up €14,913 (+34.4%), from €43,363 to €58,276
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€108,593
Gross operating margin
+€148,425
Staff costs
-€61,224
Depreciation
-€14,913
Other operating charges
+€17,570
Other operating items
-€1,000
Financial income
-€4,541
Financial charges
-€4,031
Taxes
-€313
Result 2025
-€28,620
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€137,412
Investment
-€37,505
Financing
-€85,939
Cash 2024
€78,914
From operations (derived)
+€137,412
Net result for the year
-€28,620
Depreciation
+€58,276
Stocks and contracts
-€74,409
Receivables within one year
+€27,356
Deferred charges and accrued income
-€1,873
Trade debts
+€150,139
Tax, wage and social debts
+€15,503
Other debts
-€8,960
Investment (derived)
-€37,505
Investment in fixed assets (net)
-€37,505
Financing
-€85,939
Debts after one year
-€32,500
Current portion of long-term debt
-€93,439
Short-term financial debts
+€40,000
Cash 2025
€92,882
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €585,882 | €628,005 | +€42,123 | +7.2% |
| Fixed assets | 21/28 | €172,074 | €151,302 | -€20,772 | -12.1% |
| Intangible fixed assets | 21 | €14,106 | €14,881 | +€775 | +5.5% |
| Tangible fixed assets | 22/27 | €157,969 | €136,421 | -€21,547 | -13.6% |
| Plant, machinery and equipment | 23 | €47,872 | €37,008 | -€10,863 | -22.7% |
| Furniture and vehicles | 24 | €95,690 | €81,627 | -€14,063 | -14.7% |
| Other tangible fixed assets | 26 | €14,407 | €17,786 | +€3,379 | +23.5% |
| Current assets | 29/58 | €413,808 | €476,703 | +€62,895 | +15.2% |
| Stocks and contracts in progress | 3 | €47,294 | €121,703 | +€74,409 | +157% |
| Stocks | 30/36 | €47,294 | €121,703 | +€74,409 | +157% |
| Amounts receivable within one year | 40/41 | €282,716 | €255,360 | -€27,356 | -9.7% |
| Trade receivables | 40 | €151,237 | €180,648 | +€29,411 | +19.4% |
| Other amounts receivable | 41 | €131,479 | €74,713 | -€56,766 | -43.2% |
| Cash at bank and in hand | 54/58 | €78,914 | €92,882 | +€13,969 | +17.7% |
| Deferred charges and accrued income | 490/1 | €4,884 | €6,757 | +€1,873 | +38.4% |
| Total equity and liabilities | 10/49 | €585,882 | €628,005 | +€42,123 | +7.2% |
| Equity | 10/15 | €132,394 | €103,774 | -€28,620 | -21.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,245 | €181,245 | = | 0.0% |
| Distributable reserves | 133 | €181,245 | €181,245 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,051 | -€83,672 | -€28,620 | -52.0% |
| Amounts payable | 17/49 | €453,488 | €524,232 | +€70,744 | +15.6% |
| Amounts payable after more than one year | 17 | €69,563 | €37,063 | -€32,500 | -46.7% |
| Financial debts | 170/4 | €69,563 | €37,063 | -€32,500 | -46.7% |
| Amounts payable within one year | 42/48 | €383,925 | €487,169 | +€103,244 | +26.9% |
| Current portion of amounts payable after more than one year | 42 | €125,938 | €32,499 | -€93,439 | -74.2% |
| Financial debts | 43 | €60,000 | €100,000 | +€40,000 | +66.7% |
| Credit institutions | 430/8 | €60,000 | €100,000 | +€40,000 | +66.7% |
| Trade debts | 44 | €170,811 | €320,950 | +€150,139 | +87.9% |
| Suppliers | 440/4 | €170,811 | €320,950 | +€150,139 | +87.9% |
| Taxes, remuneration and social security | 45 | €18,216 | €33,719 | +€15,503 | +85.1% |
| Taxes | 450/3 | - | €0 | +€0 | |
| Remuneration and social security | 454/9 | €18,216 | €33,719 | +€15,503 | +85.1% |
| Other amounts payable | 47/48 | €8,960 | - | -€8,960 | |
| Non-recurring operating income | 76A | €46,286 | - | -€46,286 | |
| Remuneration, social security and pensions | 62 | €538,856 | €600,080 | +€61,224 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,363 | €58,276 | +€14,913 | +34.4% |
| Other operating charges | 640/8 | €28,284 | €10,714 | -€17,570 | -62.1% |
| Non-recurring operating charges | 66A | - | €1,000 | +€1,000 | |
| Gross operating margin | 9900 | €506,433 | €654,858 | +€148,425 | +29.3% |
| Operating profit (loss) | 9901 | -€104,071 | -€15,213 | +€88,858 | +85.4% |
| Financial income | 75/76B | €6,242 | €1,701 | -€4,541 | -72.7% |
| Recurring financial income | 75 | €6,242 | €1,701 | -€4,541 | -72.7% |
| Financial charges | 65/66B | €10,534 | €14,564 | +€4,031 | +38.3% |
| Recurring financial charges | 65 | €10,534 | €14,564 | +€4,031 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | -€108,362 | -€28,076 | +€80,286 | +74.1% |
| Income taxes | 67/77 | €231 | €544 | +€313 | +136% |
| Profit (loss) for the period | 9904 | -€108,593 | -€28,620 | +€79,972 | +73.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€108,593 | -€28,620 | +€79,972 | +73.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.