Siddhi Gems: what changed
What changed
Siddhi Gems
NACE 46.861, Wholesale of diamonds and other precious stones
filed annual accounts (NBB)
Net result for the year
-€269,567
2024 · €8,984-€278,550
Equity
€76,119
2024 · €345,685-€269,567
Cash
€892
2024 · €2,988-€2,097
Balance sheet total
€1.5m
2024 · €1.8m-€310,270
Largest movements
Assets
- Stocks and contracts -€258,043
down €258,043 (-17.6%), from €1.5m to €1.2m
- Receivables within one year -€50,380
down €50,380 (-13.2%), from €380,708 to €330,328
of which Trade receivables: -€41,333
Equity and liabilities
- Profit (loss) carried forward -€269,567
new in 2025: -€269,567
- Trade debts -€44,099
down €44,099 (-9.9%), from €445,974 to €401,874
Income statement
- Gross operating margin -€295,548
down €295,548, from €19,791 to -€275,757
- Financial income +€90,302
up €90,302 (+103%), from €87,521 to €177,824
- Financial charges +€73,172
up €73,172 (+77.4%), from €94,543 to €167,715
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
€8,984
Gross operating margin
-€295,548
Other operating charges
-€33
Financial income
+€90,302
Financial charges
-€73,172
Taxes
-€100
Result 2025
-€269,567
raises the resultlowers the result
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
-€1,847
Investment
-€250
Financing
€0
Cash 2024
€2,988
From operations (derived)
-€1,847
Net result for the year
-€269,567
Stocks and contracts
+€258,043
Receivables within one year
+€50,380
Trade debts
-€44,099
Tax, wage and social debts
+€841
Other debts
+€2,555
Investment (derived)
-€250
Investment in fixed assets (net)
-€250
Cash 2025
€892
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,846,292 | €1,536,023 | -€310,270 | -16.8% |
| Fixed assets | 21/28 | €62 | €312 | +€250 | +403% |
| Financial fixed assets | 28 | €62 | €312 | +€250 | +403% |
| Current assets | 29/58 | €1,846,230 | €1,535,710 | -€310,520 | -16.8% |
| Stocks and contracts in progress | 3 | €1,462,534 | €1,204,491 | -€258,043 | -17.6% |
| Stocks | 30/36 | €1,462,534 | €1,204,491 | -€258,043 | -17.6% |
| Amounts receivable within one year | 40/41 | €380,708 | €330,328 | -€50,380 | -13.2% |
| Trade receivables | 40 | €352,452 | €311,119 | -€41,333 | -11.7% |
| Other amounts receivable | 41 | €28,256 | €19,209 | -€9,047 | -32.0% |
| Cash at bank and in hand | 54/58 | €2,988 | €892 | -€2,097 | -70.2% |
| Total equity and liabilities | 10/49 | €1,846,292 | €1,536,023 | -€310,270 | -16.8% |
| Equity | 10/15 | €345,685 | €76,119 | -€269,567 | -78.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €327,085 | €327,085 | = | 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% |
| Distributable reserves | 133 | €325,225 | €325,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€269,567 | -€269,567 | |
| Amounts payable | 17/49 | €1,500,607 | €1,459,904 | -€40,703 | -2.7% |
| Amounts payable after more than one year | 17 | €1,049,393 | €1,049,393 | = | 0.0% |
| Other amounts payable | 178/9 | €1,049,393 | €1,049,393 | = | 0.0% |
| Amounts payable within one year | 42/48 | €451,214 | €410,511 | -€40,703 | -9.0% |
| Trade debts | 44 | €445,974 | €401,874 | -€44,099 | -9.9% |
| Suppliers | 440/4 | €445,974 | €401,874 | -€44,099 | -9.9% |
| Taxes, remuneration and social security | 45 | €5,240 | €6,081 | +€841 | +16.0% |
| Taxes | 450/3 | €5,240 | €6,081 | +€841 | +16.0% |
| Other amounts payable | 47/48 | - | €2,555 | +€2,555 | |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €19,791 | -€275,757 | -€295,548 | |
| Operating profit (loss) | 9901 | €18,706 | -€276,875 | -€295,581 | |
| Financial income | 75/76B | €87,521 | €177,824 | +€90,302 | +103% |
| Recurring financial income | 75 | €87,521 | €177,824 | +€90,302 | +103% |
| Financial charges | 65/66B | €94,543 | €167,715 | +€73,172 | +77.4% |
| Recurring financial charges | 65 | €94,543 | €167,715 | +€73,172 | +77.4% |
| Profit (loss) for the period before taxes | 9903 | €11,684 | -€266,767 | -€278,450 | |
| Income taxes | 67/77 | €2,700 | €2,800 | +€100 | +3.7% |
| Profit (loss) for the period | 9904 | €8,984 | -€269,567 | -€278,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,984 | -€269,567 | -€278,550 |
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 2 November 2026 via checked.be.