SIDER DECO: 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.
SIDER DECO
Largest movements
- Stocks and contracts +€45,850
up €45,850 (+160%), from €28,735 to €74,585
- Tangible fixed assets +€21,028
up €21,028 (+771%), from €2,728 to €23,756
of which Furniture and vehicles: +€22,143
- Deferred charges and accrued income +€16,664
up €16,664 (+276%), from €6,034 to €22,698
- Receivables within one year +€11,230
up €11,230 (+7.1%), from €158,441 to €169,671
of which Trade receivables: +€11,732
- Cash +€8,485
up €8,485 (+25.6%), from €33,155 to €41,640
mainly Net result for the year (+€175,320) and Tax, wage and social debts (+€61,186)
- Profit (loss) carried forward +€175,320
up €175,320 (+475%), from €36,877 to €212,197
- Trade debts -€136,460
down €136,460 (-81.6%), from €167,258 to €30,798
- Tax, wage and social debts +€61,186
new in 2024: €61,186
of which Taxes: +€43,830
- Other debts -€16,978
down €16,978 (-77.3%), from €21,958 to €4,980
- Debts after one year +€16,451
new in 2024: €16,451
- Gross operating margin +€226,487
up €226,487 (+1,632%), from €13,881 to €240,368
- Taxes +€52,526
new in 2024: €52,526
- Depreciation +€6,137
up €6,137 (+385%), from €1,595 to €7,732
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229,093 | €332,350 | +€103,257 | +45.1% |
| Fixed assets | 21/28 | €2,728 | €23,756 | +€21,028 | +771% |
| Tangible fixed assets | 22/27 | €2,728 | €23,756 | +€21,028 | +771% |
| Plant, machinery and equipment | 23 | €1,198 | €371 | -€827 | -69.0% |
| Furniture and vehicles | 24 | €667 | €22,810 | +€22,143 | +3,320% |
| Other tangible fixed assets | 26 | €863 | €575 | -€288 | -33.4% |
| Current assets | 29/58 | €226,365 | €308,594 | +€82,229 | +36.3% |
| Stocks and contracts in progress | 3 | €28,735 | €74,585 | +€45,850 | +160% |
| Stocks | 30/36 | €28,735 | €74,585 | +€45,850 | +160% |
| Amounts receivable within one year | 40/41 | €158,441 | €169,671 | +€11,230 | +7.1% |
| Trade receivables | 40 | €134,485 | €146,217 | +€11,732 | +8.7% |
| Other amounts receivable | 41 | €23,956 | €23,454 | -€502 | -2.1% |
| Cash at bank and in hand | 54/58 | €33,155 | €41,640 | +€8,485 | +25.6% |
| Deferred charges and accrued income | 490/1 | €6,034 | €22,698 | +€16,664 | +276% |
| Total equity and liabilities | 10/49 | €229,093 | €332,350 | +€103,257 | +45.1% |
| Equity | 10/15 | €39,877 | €215,197 | +€175,320 | +440% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,877 | €212,197 | +€175,320 | +475% |
| Amounts payable | 17/49 | €189,216 | €117,153 | -€72,063 | -38.1% |
| Amounts payable after more than one year | 17 | - | €16,451 | +€16,451 | |
| Financial debts | 170/4 | - | €16,451 | +€16,451 | |
| Amounts payable within one year | 42/48 | €189,216 | €100,702 | -€88,514 | -46.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,738 | +€3,738 | |
| Trade debts | 44 | €167,258 | €30,798 | -€136,460 | -81.6% |
| Suppliers | 440/4 | €167,258 | €30,798 | -€136,460 | -81.6% |
| Taxes, remuneration and social security | 45 | - | €61,186 | +€61,186 | |
| Taxes | 450/3 | - | €43,830 | +€43,830 | |
| Remuneration and social security | 454/9 | - | €17,356 | +€17,356 | |
| Other amounts payable | 47/48 | €21,958 | €4,980 | -€16,978 | -77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,595 | €7,732 | +€6,137 | +385% |
| Other operating charges | 640/8 | €5,741 | €4,422 | -€1,319 | -23.0% |
| Gross operating margin | 9900 | €13,881 | €240,368 | +€226,487 | +1,632% |
| Operating profit (loss) | 9901 | €6,545 | €228,214 | +€221,669 | +3,387% |
| Financial charges | 65/66B | €100 | €368 | +€268 | +268% |
| Recurring financial charges | 65 | €100 | €368 | +€268 | +268% |
| Profit (loss) for the period before taxes | 9903 | €6,445 | €227,846 | +€221,401 | +3,435% |
| Income taxes | 67/77 | - | €52,526 | +€52,526 | |
| Profit (loss) for the period | 9904 | €6,445 | €175,320 | +€168,875 | +2,620% |
| Profit (loss) for the period to be appropriated | 9905 | €6,445 | €175,320 | +€168,875 | +2,620% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.