SIDERAL: 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.
SIDERAL
Largest movements
- Receivables within one year -€26,664
down €26,664 (-35.7%), from €74,744 to €48,079
of which Other amounts receivable: -€19,604
- Stocks and contracts -€5,140
down €5,140 (-6.7%), from €77,280 to €72,140
- Tangible fixed assets +€3,254
new in 2024: €3,254
- Profit (loss) carried forward -€39,490
down €39,490 (-21.2%), from -€186,351 to -€225,841
- Trade debts +€27,153
up €27,153 (+17.3%), from €156,810 to €183,963
- Other debts -€15,830
down €15,830 (-21.4%), from €74,062 to €58,231
- Debts after one year -€7,021
down €7,021 (-11.8%), from €59,695 to €52,674
- Short-term financial debts +€3,907
up €3,907 (+51.6%), from €7,577 to €11,484
- Gross operating margin -€64,307
down €64,307, from €20,280 to -€44,027
- Financial income +€30,009
up €30,009 (+54571.4%), from €55 to €30,064
- Taxes +€12,189
up €12,189 (+9267.6%), from €132 to €12,320
- Staff costs -€8,101
down €8,101 (-68.2%), from €11,875 to €3,773
- Financial charges -€2,203
down €2,203 (-24.3%), from €9,081 to €6,878
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.
Cash bridge derived
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 | €158,538 | €128,916 | -€29,622 | -18.7% |
| Fixed assets | 21/28 | €2,594 | €5,848 | +€3,254 | +125.4% |
| Tangible fixed assets | 22/27 | - | €3,254 | +€3,254 | |
| Other tangible fixed assets | 26 | - | €3,254 | +€3,254 | |
| Financial fixed assets | 28 | €2,594 | €2,594 | = | 0.0% |
| Current assets | 29/58 | €155,944 | €123,068 | -€32,876 | -21.1% |
| Stocks and contracts in progress | 3 | €77,280 | €72,140 | -€5,140 | -6.7% |
| Stocks | 30/36 | €77,280 | €72,140 | -€5,140 | -6.7% |
| Amounts receivable within one year | 40/41 | €74,744 | €48,079 | -€26,664 | -35.7% |
| Trade receivables | 40 | €52,090 | €45,030 | -€7,060 | -13.6% |
| Other amounts receivable | 41 | €22,654 | €3,050 | -€19,604 | -86.5% |
| Cash at bank and in hand | 54/58 | €3,920 | €2,848 | -€1,072 | -27.3% |
| Total equity and liabilities | 10/49 | €158,538 | €128,916 | -€29,622 | -18.7% |
| Equity | 10/15 | -€168,545 | -€208,035 | -€39,490 | -23.4% |
| Contributions | 10/11 | €15,945 | €15,945 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€186,351 | -€225,841 | -€39,490 | -21.2% |
| Amounts payable | 17/49 | €327,083 | €336,952 | +€9,868 | +3.0% |
| Amounts payable after more than one year | 17 | €59,695 | €52,674 | -€7,021 | -11.8% |
| Financial debts | 170/4 | €59,695 | €52,674 | -€7,021 | -11.8% |
| Amounts payable within one year | 42/48 | €267,388 | €284,277 | +€16,889 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €6,626 | €9,597 | +€2,971 | +44.8% |
| Financial debts | 43 | €7,577 | €11,484 | +€3,907 | +51.6% |
| Credit institutions | 430/8 | €7,577 | €11,484 | +€3,907 | +51.6% |
| Trade debts | 44 | €156,810 | €183,963 | +€27,153 | +17.3% |
| Suppliers | 440/4 | €156,810 | €183,963 | +€27,153 | +17.3% |
| Taxes, remuneration and social security | 45 | €22,314 | €21,002 | -€1,311 | -5.9% |
| Taxes | 450/3 | €12,022 | €9,254 | -€2,767 | -23.0% |
| Remuneration and social security | 454/9 | €10,292 | €11,748 | +€1,456 | +14.1% |
| Other amounts payable | 47/48 | €74,062 | €58,231 | -€15,830 | -21.4% |
| Remuneration, social security and pensions | 62 | €11,875 | €3,773 | -€8,101 | -68.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €671 | +€671 | |
| Other operating charges | 640/8 | €2,659 | €1,884 | -€775 | -29.1% |
| Gross operating margin | 9900 | €20,280 | -€44,027 | -€64,307 | |
| Operating profit (loss) | 9901 | €5,746 | -€50,356 | -€56,102 | |
| Financial income | 75/76B | €55 | €30,064 | +€30,009 | +54571.4% |
| Recurring financial income | 75 | €55 | €30,064 | +€30,009 | +54571.4% |
| Financial charges | 65/66B | €9,081 | €6,878 | -€2,203 | -24.3% |
| Recurring financial charges | 65 | €9,081 | €6,878 | -€2,203 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,280 | -€27,170 | -€23,890 | -728.4% |
| Income taxes | 67/77 | €132 | €12,320 | +€12,189 | +9267.6% |
| Profit (loss) for the period | 9904 | -€3,411 | -€39,490 | -€36,078 | -1057.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,411 | -€39,490 | -€36,078 | -1057.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.