SIDETRA: 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.
SIDETRA
Largest movements
- Cash -€189,956
down €189,956 (-86.4%), from €219,901 to €29,945
mainly Debts after one year (-€142,167) and Net result for the year (-€117,841)
- Tangible fixed assets -€65,204
down €65,204 (-29.1%), from €224,018 to €158,815
of which Leasing and similar rights: -€44,914
- Receivables within one year -€60,482
down €60,482 (-7.2%), from €839,019 to €778,537
of which Trade receivables: -€95,631
- Debts after one year -€142,167
down €142,167 (-53.6%), from €265,257 to €123,090
- Profit (loss) carried forward -€117,841
down €117,841 (-57.8%), from -€203,788 to -€321,630
- Trade debts -€66,531
down €66,531 (-20.0%), from €332,413 to €265,882
- Other debts +€13,160
up €13,160 (+3.2%), from €417,543 to €430,703
- Gross operating margin -€175,987
down €175,987 (-41.3%), from €425,908 to €249,921
- Other operating charges -€132,162
down €132,162 (-96.8%), from €136,586 to €4,424
- Financial charges -€109,693
down €109,693 (-81.6%), from €134,427 to €24,734
of which Non-recurring financial charges: -€115,764
- Staff costs +€61,353
up €61,353 (+35.9%), from €170,801 to €232,153
- Taxes +€41,352
new in 2025: €41,352
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 | €1,285,495 | €971,949 | -€313,545 | -24.4% |
| Fixed assets | 21/28 | €224,018 | €158,815 | -€65,204 | -29.1% |
| Tangible fixed assets | 22/27 | €224,018 | €158,815 | -€65,204 | -29.1% |
| Plant, machinery and equipment | 23 | €1,877 | €1,185 | -€692 | -36.8% |
| Furniture and vehicles | 24 | €30,260 | €10,661 | -€19,598 | -64.8% |
| Leasing and similar rights | 25 | €191,882 | €146,968 | -€44,914 | -23.4% |
| Current assets | 29/58 | €1,061,476 | €813,135 | -€248,342 | -23.4% |
| Amounts receivable within one year | 40/41 | €839,019 | €778,537 | -€60,482 | -7.2% |
| Trade receivables | 40 | €834,193 | €738,562 | -€95,631 | -11.5% |
| Other amounts receivable | 41 | €4,826 | €39,975 | +€35,149 | +728.3% |
| Cash at bank and in hand | 54/58 | €219,901 | €29,945 | -€189,956 | -86.4% |
| Deferred charges and accrued income | 490/1 | €2,555 | €4,652 | +€2,097 | +82.0% |
| Total equity and liabilities | 10/49 | €1,285,495 | €971,949 | -€313,545 | -24.4% |
| Equity | 10/15 | €98,691 | -€19,150 | -€117,841 | |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €232,480 | €232,480 | = | 0.0% |
| Distributable reserves | 133 | €232,480 | €232,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,788 | -€321,630 | -€117,841 | -57.8% |
| Amounts payable | 17/49 | €1,186,803 | €991,099 | -€195,704 | -16.5% |
| Amounts payable after more than one year | 17 | €265,257 | €123,090 | -€142,167 | -53.6% |
| Financial debts | 170/4 | €265,257 | €123,090 | -€142,167 | -53.6% |
| Amounts payable within one year | 42/48 | €921,546 | €868,009 | -€53,537 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €149,857 | €142,167 | -€7,690 | -5.1% |
| Trade debts | 44 | €332,413 | €265,882 | -€66,531 | -20.0% |
| Suppliers | 440/4 | €332,413 | €265,882 | -€66,531 | -20.0% |
| Taxes, remuneration and social security | 45 | €21,733 | €29,258 | +€7,525 | +34.6% |
| Taxes | 450/3 | €4,563 | €2,979 | -€1,584 | -34.7% |
| Remuneration and social security | 454/9 | €17,170 | €26,279 | +€9,109 | +53.1% |
| Other amounts payable | 47/48 | €417,543 | €430,703 | +€13,160 | +3.2% |
| Non-recurring operating income | 76A | €66,000 | €6,091 | -€59,909 | -90.8% |
| Remuneration, social security and pensions | 62 | €170,801 | €232,153 | +€61,353 | +35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,179 | €65,204 | +€12,025 | +22.6% |
| Other operating charges | 640/8 | €136,586 | €4,424 | -€132,162 | -96.8% |
| Gross operating margin | 9900 | €425,908 | €249,921 | -€175,987 | -41.3% |
| Operating profit (loss) | 9901 | €65,343 | -€51,860 | -€117,203 | |
| Financial income | 75/76B | €23 | €105 | +€82 | +359.4% |
| Recurring financial income | 75 | €23 | €105 | +€82 | +359.4% |
| Financial charges | 65/66B | €134,427 | €24,734 | -€109,693 | -81.6% |
| Recurring financial charges | 65 | €18,663 | €24,734 | +€6,072 | +32.5% |
| Non-recurring financial charges | 66B | €115,764 | €0 | -€115,764 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€69,061 | -€76,489 | -€7,428 | -10.8% |
| Income taxes | 67/77 | - | €41,352 | +€41,352 | |
| Profit (loss) for the period | 9904 | -€69,061 | -€117,841 | -€48,780 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,061 | -€117,841 | -€48,780 | -70.6% |
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 10 October 2026 via checked.be.