SIDERO: 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.
SIDERO
Largest movements
- Receivables within one year +€33,419
up €33,419 (+128.1%), from €26,091 to €59,510
of which Trade receivables: +€37,931
- Cash -€10,212
down €10,212 (-64.8%), from €15,747 to €5,535
mainly Receivables within one year (-€33,419) and Investment in fixed assets (net) (-€3,303)
- Deferred charges and accrued income -€1,352
down €1,352 (-31.1%), from €4,344 to €2,992
- Contributions +€11,500
up €11,500 (+2300.0%), from €500 to €12,000
- Profit (loss) carried forward +€9,097
up €9,097 (+202.9%), from €4,484 to €13,581
- Trade debts +€4,437
up €4,437 (+14.8%), from €30,015 to €34,453
- Tax, wage and social debts -€2,929
down €2,929 (-44.8%), from €6,542 to €3,613
of which Remuneration and social security: -€4,346
- Turnover +€27,049
up €27,049 (+14.7%), from €184,392 to €211,441
- Purchases and services +€21,733
up €21,733 (+12.5%), from €174,088 to €195,821
- Gross operating margin +€5,235
up €5,235 (+50.4%), from €10,385 to €15,620
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 | €50,304 | €72,335 | +€22,030 | +43.8% |
| Fixed assets | 21/28 | €4,123 | €4,298 | +€175 | +4.3% |
| Intangible fixed assets | 21 | €164 | - | -€164 | |
| Tangible fixed assets | 22/27 | €3,959 | €4,298 | +€339 | +8.6% |
| Plant, machinery and equipment | 23 | €3,959 | €4,298 | +€339 | +8.6% |
| Current assets | 29/58 | €46,181 | €68,036 | +€21,855 | +47.3% |
| Amounts receivable within one year | 40/41 | €26,091 | €59,510 | +€33,419 | +128.1% |
| Trade receivables | 40 | €18,345 | €56,276 | +€37,931 | +206.8% |
| Other amounts receivable | 41 | €7,746 | €3,233 | -€4,513 | -58.3% |
| Cash at bank and in hand | 54/58 | €15,747 | €5,535 | -€10,212 | -64.8% |
| Deferred charges and accrued income | 490/1 | €4,344 | €2,992 | -€1,352 | -31.1% |
| Total equity and liabilities | 10/49 | €50,304 | €72,335 | +€22,030 | +43.8% |
| Equity | 10/15 | €4,984 | €25,581 | +€20,597 | +413.2% |
| Contributions | 10/11 | €500 | €12,000 | +€11,500 | +2300.0% |
| Profit (loss) carried forward | 14 | €4,484 | €13,581 | +€9,097 | +202.9% |
| Amounts payable | 17/49 | €45,320 | €46,753 | +€1,434 | +3.2% |
| Amounts payable within one year | 42/48 | €45,320 | €46,753 | +€1,434 | +3.2% |
| Trade debts | 44 | €30,015 | €34,453 | +€4,437 | +14.8% |
| Suppliers | 440/4 | €30,015 | €34,453 | +€4,437 | +14.8% |
| Taxes, remuneration and social security | 45 | €6,542 | €3,613 | -€2,929 | -44.8% |
| Taxes | 450/3 | €2,196 | €3,613 | +€1,416 | +64.5% |
| Remuneration and social security | 454/9 | €4,346 | - | -€4,346 | |
| Other amounts payable | 47/48 | €8,762 | €8,688 | -€74 | -0.8% |
| Turnover | 70 | €184,392 | €211,441 | +€27,049 | +14.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €174,088 | €195,821 | +€21,733 | +12.5% |
| Remuneration, social security and pensions | 62 | €563 | €95 | -€468 | -83.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,440 | €3,128 | -€312 | -9.1% |
| Other operating charges | 640/8 | €1,471 | €1,391 | -€80 | -5.4% |
| Gross operating margin | 9900 | €10,385 | €15,620 | +€5,235 | +50.4% |
| Operating profit (loss) | 9901 | €4,911 | €11,006 | +€6,095 | +124.1% |
| Financial income | 75/76B | €935 | €729 | -€206 | -22.0% |
| Recurring financial income | 75 | €935 | €729 | -€206 | -22.0% |
| Financial charges | 65/66B | €80 | €57 | -€23 | -28.8% |
| Recurring financial charges | 65 | €80 | €57 | -€23 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €5,765 | €11,678 | +€5,912 | +102.6% |
| Income taxes | 67/77 | €1,281 | €2,581 | +€1,300 | +101.5% |
| Profit (loss) for the period | 9904 | €4,484 | €9,097 | +€4,612 | +102.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,484 | €9,097 | +€4,612 | +102.9% |
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 12 October 2026 via checked.be.