Sidéma: 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.
Sidéma
Largest movements
- Tangible fixed assets -€30,347
down €30,347 (-96.1%), from €31,592 to €1,245
of which Furniture and vehicles: -€30,347
- Receivables within one year +€10,150
up €10,150 (+18.7%), from €54,228 to €64,378
of which Trade receivables: +€12,905
- Revaluation surpluses -€31,000
no longer reported in 2025 (was €31,000)
- Current portion of long-term debt -€23,018
no longer reported in 2025 (was €23,018)
- Other debts +€17,000
up €17,000 (+22.9%), from €74,263 to €91,263
- Tax, wage and social debts -€16,813
down €16,813 (-51.6%), from €32,595 to €15,782
of which Remuneration and social security: -€16,813
- Trade debts +€16,477
up €16,477 (+18.9%), from €87,136 to €103,613
- Gross operating margin -€218,399
down €218,399 (-54.8%), from €398,661 to €180,262
- Staff costs -€113,385
down €113,385 (-43.0%), from €263,399 to €150,014
- Depreciation +€13,002
up €13,002 (+362.4%), from €3,588 to €16,590
- Financial charges -€11,198
down €11,198 (-68.6%), from €16,318 to €5,120
of which Non-recurring financial charges: -€11,361
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 | €248,840 | €228,345 | -€20,494 | -8.2% |
| Fixed assets | 21/28 | €191,922 | €162,630 | -€29,291 | -15.3% |
| Intangible fixed assets | 21 | €160,100 | €161,385 | +€1,285 | +0.8% |
| Tangible fixed assets | 22/27 | €31,592 | €1,245 | -€30,347 | -96.1% |
| Furniture and vehicles | 24 | €31,592 | €1,245 | -€30,347 | -96.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €230 | - | -€230 | |
| Current assets | 29/58 | €56,918 | €65,715 | +€8,797 | +15.5% |
| Amounts receivable within one year | 40/41 | €54,228 | €64,378 | +€10,150 | +18.7% |
| Trade receivables | 40 | €50,055 | €62,960 | +€12,905 | +25.8% |
| Other amounts receivable | 41 | €4,174 | €1,419 | -€2,755 | -66.0% |
| Cash at bank and in hand | 54/58 | €344 | €452 | +€108 | +31.5% |
| Deferred charges and accrued income | 490/1 | €2,346 | €885 | -€1,461 | -62.3% |
| Total equity and liabilities | 10/49 | €248,840 | €228,345 | -€20,494 | -8.2% |
| Equity | 10/15 | -€13,881 | -€37,045 | -€23,164 | -166.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €31,000 | - | -€31,000 | |
| Reserves | 13 | €31,401 | €31,401 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €29,541 | €31,401 | +€1,860 | +6.3% |
| Profit (loss) carried forward | 14 | -€94,881 | -€87,046 | +€7,836 | +8.3% |
| Amounts payable | 17/49 | €262,720 | €265,390 | +€2,670 | +1.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €262,720 | €264,417 | +€1,697 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €23,018 | - | -€23,018 | |
| Financial debts | 43 | €45,708 | €53,759 | +€8,051 | +17.6% |
| Credit institutions | 430/8 | €45,708 | €53,759 | +€8,051 | +17.6% |
| Trade debts | 44 | €87,136 | €103,613 | +€16,477 | +18.9% |
| Suppliers | 440/4 | €87,136 | €103,613 | +€16,477 | +18.9% |
| Taxes, remuneration and social security | 45 | €32,595 | €15,782 | -€16,813 | -51.6% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €32,595 | €15,782 | -€16,813 | -51.6% |
| Other amounts payable | 47/48 | €74,263 | €91,263 | +€17,000 | +22.9% |
| Accrued charges and deferred income | 492/3 | €0 | €973 | +€973 | |
| Non-recurring operating income | 76A | - | €6,699 | +€6,699 | |
| Remuneration, social security and pensions | 62 | €263,399 | €150,014 | -€113,385 | -43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,588 | €16,590 | +€13,002 | +362.4% |
| Other operating charges | 640/8 | €864 | €766 | -€98 | -11.3% |
| Gross operating margin | 9900 | €398,661 | €180,262 | -€218,399 | -54.8% |
| Operating profit (loss) | 9901 | €130,810 | €12,891 | -€117,919 | -90.1% |
| Financial income | 75/76B | €130 | €65 | -€65 | -49.9% |
| Recurring financial income | 75 | €130 | €65 | -€65 | -49.9% |
| Financial charges | 65/66B | €16,318 | €5,120 | -€11,198 | -68.6% |
| Recurring financial charges | 65 | €4,958 | €5,120 | +€163 | +3.3% |
| Non-recurring financial charges | 66B | €11,361 | - | -€11,361 | |
| Profit (loss) for the period before taxes | 9903 | €114,621 | €7,836 | -€106,786 | -93.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €114,621 | €7,836 | -€106,786 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €114,621 | €7,836 | -€106,786 | -93.2% |
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 30 September 2026 via checked.be.