SIDERI AVOCAT: 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.
SIDERI AVOCAT
Largest movements
- Cash -€40,680
down €40,680 (-28.3%), from €143,663 to €102,983
mainly Contributions, distributions and other (-€114,086) and Receivables after one year (-€34,306)
- Receivables after one year +€34,306
up €34,306 (+453%), from €7,579 to €41,885
- Receivables within one year +€30,510
new in 2025: €30,510
of which Other amounts receivable: +€29,658
- Tangible fixed assets +€11,756
up €11,756 (+2,167%), from €542 to €12,299
- Other debts +€34,652
up €34,652 (+43.6%), from €79,434 to €114,086
- Gross operating margin +€48,495
up €48,495 (+50.1%), from €96,755 to €145,250
- Taxes +€12,561
up €12,561 (+63.7%), from €19,727 to €32,288
- Financial income +€2,199
up €2,199 (+493%), from €446 to €2,645
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.
Derived cash bridge
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 | €151,820 | €187,692 | +€35,872 | +23.6% |
| Fixed assets | 21/28 | €542 | €12,299 | +€11,756 | +2,167% |
| Tangible fixed assets | 22/27 | €542 | €12,299 | +€11,756 | +2,167% |
| Furniture and vehicles | 24 | €542 | €12,299 | +€11,756 | +2,167% |
| Current assets | 29/58 | €151,278 | €175,394 | +€24,116 | +15.9% |
| Amounts receivable after more than one year | 29 | €7,579 | €41,885 | +€34,306 | +453% |
| Other amounts receivable | 291 | €7,579 | €41,885 | +€34,306 | +453% |
| Amounts receivable within one year | 40/41 | - | €30,510 | +€30,510 | |
| Trade receivables | 40 | - | €852 | +€852 | |
| Other amounts receivable | 41 | - | €29,658 | +€29,658 | |
| Cash at bank and in hand | 54/58 | €143,663 | €102,983 | -€40,680 | -28.3% |
| Deferred charges and accrued income | 490/1 | €37 | €16 | -€21 | -57.4% |
| Total equity and liabilities | 10/49 | €151,820 | €187,692 | +€35,872 | +23.6% |
| Equity | 10/15 | €69,230 | €69,230 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €67,230 | €67,230 | = | 0.0% |
| Distributable reserves | 133 | €67,230 | €67,230 | = | 0.0% |
| Amounts payable | 17/49 | €82,591 | €118,462 | +€35,872 | +43.4% |
| Amounts payable within one year | 42/48 | €82,591 | €118,462 | +€35,872 | +43.4% |
| Trade debts | 44 | - | €1,194 | +€1,194 | |
| Suppliers | 440/4 | - | €1,194 | +€1,194 | |
| Taxes, remuneration and social security | 45 | €3,157 | €3,182 | +€25 | +0.8% |
| Taxes | 450/3 | €3,157 | €3,182 | +€25 | +0.8% |
| Other amounts payable | 47/48 | €79,434 | €114,086 | +€34,652 | +43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €1,121 | +€749 | +201% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €96,755 | €145,250 | +€48,495 | +50.1% |
| Operating profit (loss) | 9901 | €95,996 | €143,729 | +€47,734 | +49.7% |
| Financial income | 75/76B | €446 | €2,645 | +€2,199 | +493% |
| Recurring financial income | 75 | €446 | €2,645 | +€2,199 | +493% |
| Profit (loss) for the period before taxes | 9903 | €96,442 | €146,374 | +€49,932 | +51.8% |
| Income taxes | 67/77 | €19,727 | €32,288 | +€12,561 | +63.7% |
| Profit (loss) for the period | 9904 | €76,715 | €114,086 | +€37,371 | +48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €76,715 | €114,086 | +€37,371 | +48.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.