SIDERS: 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.
SIDERS
Largest movements
- Tangible fixed assets -€3,845
down €3,845 (-53.1%), from €7,239 to €3,394
of which Furniture and vehicles: -€3,267
- Trade debts -€4,790
down €4,790 (-54.4%), from €8,802 to €4,012
- Tax, wage and social debts -€2,641
down €2,641 (-44.1%), from €5,992 to €3,351
- Accrued charges and deferred income +€2,167
new in 2025: €2,167
- Gross operating margin +€4,961
up €4,961 (+57.4%), from €8,639 to €13,600
- Staff costs +€4,151
up €4,151 (+455.1%), from €912 to €5,063
- Depreciation +€2,697
up €2,697 (+234.9%), from €1,148 to €3,845
- Other operating charges +€2,491
up €2,491 (+375.4%), from €664 to €3,155
- Taxes -€1,617
down €1,617 (-63.0%), from €2,565 to €949
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 | €76,280 | €71,637 | -€4,643 | -6.1% |
| Fixed assets | 21/28 | €7,239 | €3,394 | -€3,845 | -53.1% |
| Tangible fixed assets | 22/27 | €7,239 | €3,394 | -€3,845 | -53.1% |
| Plant, machinery and equipment | 23 | €897 | €318 | -€578 | -64.5% |
| Furniture and vehicles | 24 | €6,342 | €3,076 | -€3,267 | -51.5% |
| Current assets | 29/58 | €69,041 | €68,243 | -€798 | -1.2% |
| Stocks and contracts in progress | 3 | €1,275 | €1,421 | +€146 | +11.4% |
| Stocks | 30/36 | €1,275 | €1,421 | +€146 | +11.4% |
| Amounts receivable within one year | 40/41 | €21,216 | €20,929 | -€287 | -1.4% |
| Trade receivables | 40 | €409 | - | -€409 | |
| Other amounts receivable | 41 | €20,807 | €20,929 | +€122 | +0.6% |
| Cash at bank and in hand | 54/58 | €46,454 | €45,893 | -€561 | -1.2% |
| Deferred charges and accrued income | 490/1 | €96 | - | -€96 | |
| Total equity and liabilities | 10/49 | €76,280 | €71,637 | -€4,643 | -6.1% |
| Equity | 10/15 | €61,386 | €62,107 | +€720 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,546 | €25,546 | = | 0.0% |
| Distributable reserves | 133 | €25,546 | €25,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,240 | €17,960 | +€720 | +4.2% |
| Amounts payable | 17/49 | €14,894 | €9,530 | -€5,364 | -36.0% |
| Amounts payable within one year | 42/48 | €14,894 | €7,363 | -€7,531 | -50.6% |
| Trade debts | 44 | €8,802 | €4,012 | -€4,790 | -54.4% |
| Suppliers | 440/4 | €8,802 | €4,012 | -€4,790 | -54.4% |
| Advances received on contracts in progress | 46 | €100 | - | -€100 | |
| Taxes, remuneration and social security | 45 | €5,992 | €3,351 | -€2,641 | -44.1% |
| Taxes | 450/3 | €5,992 | €3,351 | -€2,641 | -44.1% |
| Accrued charges and deferred income | 492/3 | - | €2,167 | +€2,167 | |
| Remuneration, social security and pensions | 62 | €912 | €5,063 | +€4,151 | +455.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,148 | €3,845 | +€2,697 | +234.9% |
| Other operating charges | 640/8 | €664 | €3,155 | +€2,491 | +375.4% |
| Gross operating margin | 9900 | €8,639 | €13,600 | +€4,961 | +57.4% |
| Operating profit (loss) | 9901 | €5,916 | €1,537 | -€4,378 | -74.0% |
| Financial income | 75/76B | €1,307 | €1,197 | -€110 | -8.4% |
| Recurring financial income | 75 | €1,307 | €1,197 | -€110 | -8.4% |
| Financial charges | 65/66B | €971 | €1,065 | +€94 | +9.7% |
| Recurring financial charges | 65 | €971 | €1,065 | +€94 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €6,252 | €1,669 | -€4,583 | -73.3% |
| Income taxes | 67/77 | €2,565 | €949 | -€1,617 | -63.0% |
| Profit (loss) for the period | 9904 | €3,686 | €720 | -€2,966 | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,686 | €720 | -€2,966 | -80.5% |
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 11 October 2026 via checked.be.