SIDERK: 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.
SIDERK
Largest movements
- Receivables within one year +€10,924
up €10,924 (+32.5%), from €33,628 to €44,552
of which Trade receivables: +€9,304
- Tangible fixed assets -€5,929
down €5,929 (-59.9%), from €9,905 to €3,976
of which Plant, machinery and equipment: -€3,569
- Cash -€1,814
down €1,814 (-35.4%), from €5,117 to €3,303
mainly Receivables within one year (-€10,924) and Net result for the year (-€6,908)
- Trade debts +€10,035
up €10,035 (+30.5%), from €32,946 to €42,981
- Profit (loss) carried forward -€6,908
down €6,908, from €6,213 to -€695
- Other debts +€3,400
up €3,400 (+80.3%), from €4,233 to €7,633
- Advances received -€3,324
no longer reported in 2024 (was €3,324)
- Gross operating margin +€2,248
up €2,248 (+76.0%), from -€2,958 to -€710
- Depreciation -€486
down €486 (-7.6%), from €6,415 to €5,929
- Financial charges -€245
down €245 (-42.1%), from €582 to €337
- Financial income -€203
down €203 (-74.8%), from €271 to €68
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 | €48,716 | €51,919 | +€3,203 | +6.6% |
| Fixed assets | 21/28 | €9,905 | €3,976 | -€5,929 | -59.9% |
| Tangible fixed assets | 22/27 | €9,905 | €3,976 | -€5,929 | -59.9% |
| Plant, machinery and equipment | 23 | €7,544 | €3,976 | -€3,569 | -47.3% |
| Furniture and vehicles | 24 | €2,360 | - | -€2,360 | |
| Current assets | 29/58 | €38,811 | €47,943 | +€9,133 | +23.5% |
| Amounts receivable within one year | 40/41 | €33,628 | €44,552 | +€10,924 | +32.5% |
| Trade receivables | 40 | €32,469 | €41,773 | +€9,304 | +28.7% |
| Other amounts receivable | 41 | €1,160 | €2,780 | +€1,620 | +140% |
| Cash at bank and in hand | 54/58 | €5,117 | €3,303 | -€1,814 | -35.4% |
| Deferred charges and accrued income | 490/1 | €66 | €88 | +€22 | +34.0% |
| Total equity and liabilities | 10/49 | €48,716 | €51,919 | +€3,203 | +6.6% |
| Equity | 10/15 | €8,213 | €1,305 | -€6,908 | -84.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,213 | -€695 | -€6,908 | |
| Amounts payable | 17/49 | €40,503 | €50,614 | +€10,111 | +25.0% |
| Amounts payable within one year | 42/48 | €40,503 | €50,614 | +€10,111 | +25.0% |
| Trade debts | 44 | €32,946 | €42,981 | +€10,035 | +30.5% |
| Suppliers | 440/4 | €32,946 | €42,981 | +€10,035 | +30.5% |
| Advances received on contracts in progress | 46 | €3,324 | - | -€3,324 | |
| Other amounts payable | 47/48 | €4,233 | €7,633 | +€3,400 | +80.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,415 | €5,929 | -€486 | -7.6% |
| Gross operating margin | 9900 | -€2,958 | -€710 | +€2,248 | +76.0% |
| Operating profit (loss) | 9901 | -€9,373 | -€6,639 | +€2,733 | +29.2% |
| Financial income | 75/76B | €271 | €68 | -€203 | -74.8% |
| Recurring financial income | 75 | €271 | €68 | -€203 | -74.8% |
| Financial charges | 65/66B | €582 | €337 | -€245 | -42.1% |
| Recurring financial charges | 65 | €582 | €337 | -€245 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,684 | -€6,908 | +€2,776 | +28.7% |
| Profit (loss) for the period | 9904 | -€9,684 | -€6,908 | +€2,776 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,684 | -€6,908 | +€2,776 | +28.7% |
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.