SIDEWAY: what changed
Two fiscal 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.
SIDEWAY
Largest movements
- Tangible fixed assets -€29,330
down €29,330 (-3.2%), from €930,928 to €901,598
- Debts after one year -€76,863
down €76,863 (-16.2%), from €474,880 to €398,017
- Reserves +€32,942
up €32,942 (+25.4%), from €129,651 to €162,593
of which Distributable reserves: +€34,802
- Gross operating margin -€3,475
down €3,475 (-3.7%), from €93,767 to €90,291
- Financial charges -€1,305
down €1,305 (-12.6%), from €10,330 to €9,025
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 | €933,011 | €906,423 | -€26,588 | -2.8% |
| Fixed assets | 21/28 | €930,928 | €901,598 | -€29,330 | -3.2% |
| Tangible fixed assets | 22/27 | €930,928 | €901,598 | -€29,330 | -3.2% |
| Land and buildings | 22 | €930,928 | €901,598 | -€29,330 | -3.2% |
| Current assets | 29/58 | €2,083 | €4,825 | +€2,742 | +131.7% |
| Amounts receivable within one year | 40/41 | €21 | €21 | = | 0.0% |
| Other amounts receivable | 41 | €21 | €21 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,061 | €4,747 | +€2,686 | +130.3% |
| Deferred charges and accrued income | 490/1 | €0 | €57 | +€57 | |
| Total equity and liabilities | 10/49 | €933,011 | €906,423 | -€26,588 | -2.8% |
| Equity | 10/15 | €135,852 | €168,794 | +€32,942 | +24.2% |
| Contributions | 10/11 | €6,201 | €6,201 | = | 0.0% |
| Reserves | 13 | €129,651 | €162,593 | +€32,942 | +25.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €127,791 | €162,593 | +€34,802 | +27.2% |
| Amounts payable | 17/49 | €797,159 | €737,630 | -€59,530 | -7.5% |
| Amounts payable after more than one year | 17 | €474,880 | €398,017 | -€76,863 | -16.2% |
| Financial debts | 170/4 | €474,880 | €398,017 | -€76,863 | -16.2% |
| Amounts payable within one year | 42/48 | €322,279 | €339,613 | +€17,333 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €75,536 | €76,863 | +€1,328 | +1.8% |
| Trade debts | 44 | €2,619 | €2,188 | -€431 | -16.5% |
| Suppliers | 440/4 | €2,619 | €2,188 | -€431 | -16.5% |
| Advances received on contracts in progress | 46 | - | €7,500 | +€7,500 | |
| Taxes, remuneration and social security | 45 | €4,562 | €5,945 | +€1,384 | +30.3% |
| Taxes | 450/3 | €4,562 | €5,945 | +€1,384 | +30.3% |
| Other amounts payable | 47/48 | €239,563 | €247,116 | +€7,553 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,330 | €29,330 | +€0 | 0.0% |
| Other operating charges | 640/8 | €7,332 | €7,563 | +€230 | +3.1% |
| Gross operating margin | 9900 | €93,767 | €90,291 | -€3,475 | -3.7% |
| Operating profit (loss) | 9901 | €57,104 | €53,399 | -€3,706 | -6.5% |
| Financial charges | 65/66B | €10,330 | €9,025 | -€1,305 | -12.6% |
| Recurring financial charges | 65 | €10,330 | €9,025 | -€1,305 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €46,774 | €44,373 | -€2,401 | -5.1% |
| Income taxes | 67/77 | €12,048 | €11,432 | -€616 | -5.1% |
| Profit (loss) for the period | 9904 | €34,726 | €32,942 | -€1,785 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,726 | €32,942 | -€1,785 | -5.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.