SIDB ENGINEERING: what changed
Two financial 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.
SIDB ENGINEERING
Largest movements
- Receivables within one year +€19,160
up €19,160 (+66.9%), from €28,626 to €47,787
- Cash -€5,500
down €5,500 (-10.6%), from €51,926 to €46,426
mainly Contributions, distributions and other (-€87,406) and Receivables within one year (-€19,160)
- Tangible fixed assets +€1,799
up €1,799 (+1740.5%), from €103 to €1,903
- Other debts +€56,533
up €56,533 (+2692.0%), from €2,100 to €58,633
- Reserves -€21,379
down €21,379 (-47.8%), from €44,719 to €23,340
- Profit (loss) carried forward -€19,874
no longer reported in 2026 (was €19,874)
- Gross operating margin +€33,340
up €33,340 (+122.0%), from €27,322 to €60,662
- Taxes +€6,717
up €6,717 (+127.5%), from €5,267 to €11,983
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,527 | €98,987 | +€15,460 | +18.5% |
| Fixed assets | 21/28 | €2,974 | €4,774 | +€1,799 | +60.5% |
| Tangible fixed assets | 22/27 | €103 | €1,903 | +€1,799 | +1740.5% |
| Plant, machinery and equipment | 23 | €103 | €1,903 | +€1,799 | +1740.5% |
| Financial fixed assets | 28 | €2,871 | €2,871 | = | 0.0% |
| Current assets | 29/58 | €80,552 | €94,213 | +€13,661 | +17.0% |
| Amounts receivable within one year | 40/41 | €28,626 | €47,787 | +€19,160 | +66.9% |
| Trade receivables | 40 | €28,626 | €47,787 | +€19,160 | +66.9% |
| Cash at bank and in hand | 54/58 | €51,926 | €46,426 | -€5,500 | -10.6% |
| Total equity and liabilities | 10/49 | €83,527 | €98,987 | +€15,460 | +18.5% |
| Equity | 10/15 | €66,593 | €25,340 | -€41,253 | -61.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €44,719 | €23,340 | -€21,379 | -47.8% |
| Distributable reserves | 133 | €44,719 | €23,340 | -€21,379 | -47.8% |
| Profit (loss) carried forward | 14 | €19,874 | - | -€19,874 | |
| Amounts payable | 17/49 | €16,934 | €73,647 | +€56,713 | +334.9% |
| Amounts payable within one year | 42/48 | €16,934 | €73,647 | +€56,713 | +334.9% |
| Trade debts | 44 | €1,499 | €1,628 | +€129 | +8.6% |
| Suppliers | 440/4 | €1,499 | €1,628 | +€129 | +8.6% |
| Taxes, remuneration and social security | 45 | €13,335 | €13,385 | +€51 | +0.4% |
| Taxes | 450/3 | €13,335 | €13,385 | +€51 | +0.4% |
| Other amounts payable | 47/48 | €2,100 | €58,633 | +€56,533 | +2692.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €628 | €889 | +€261 | +41.6% |
| Other operating charges | 640/8 | €270 | €677 | +€407 | +150.8% |
| Gross operating margin | 9900 | €27,322 | €60,662 | +€33,340 | +122.0% |
| Operating profit (loss) | 9901 | €26,424 | €59,097 | +€32,673 | +123.6% |
| Financial charges | 65/66B | €1,284 | €961 | -€323 | -25.1% |
| Recurring financial charges | 65 | €1,284 | €961 | -€323 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €25,141 | €58,136 | +€32,995 | +131.2% |
| Income taxes | 67/77 | €5,267 | €11,983 | +€6,717 | +127.5% |
| Profit (loss) for the period | 9904 | €19,874 | €46,153 | +€26,278 | +132.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,874 | €46,153 | +€26,278 | +132.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.