SIDH GLOBAL: 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.
SIDH GLOBAL
Largest movements
- Receivables within one year +€2,579
up €2,579 (+20.3%), from €12,735 to €15,315
of which Other amounts receivable: +€4,554
- Stocks and contracts +€2,351
up €2,351 (+14.9%), from €15,736 to €18,087
- Cash +€908
up €908 (+2.4%), from €37,174 to €38,083
mainly Tax, wage and social debts (+€3,968) and Net result for the year (+€2,873)
- Tax, wage and social debts +€3,968
up €3,968 (+1427.3%), from €278 to €4,246
of which Remuneration and social security: +€3,250
- Profit (loss) carried forward +€2,873
up €2,873 (+10.0%), from €28,868 to €31,741
- Gross operating margin +€5,331
up €5,331 (+92.6%), from €5,754 to €11,085
- Financial charges +€2,708
up €2,708 (+532.3%), from €509 to €3,217
- Other operating charges +€1,407
up €1,407 (+68.2%), from €2,063 to €3,469
- Depreciation +€280
up €280 (+109.8%), from €255 to €535
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 | €68,919 | €75,062 | +€6,143 | +8.9% |
| Fixed assets | 21/28 | €3,273 | €3,578 | +€305 | +9.3% |
| Tangible fixed assets | 22/27 | €255 | €560 | +€305 | +119.6% |
| Furniture and vehicles | 24 | €255 | €560 | +€305 | +119.6% |
| Financial fixed assets | 28 | €3,018 | €3,018 | = | 0.0% |
| Current assets | 29/58 | €65,646 | €71,484 | +€5,838 | +8.9% |
| Stocks and contracts in progress | 3 | €15,736 | €18,087 | +€2,351 | +14.9% |
| Stocks | 30/36 | €15,736 | €18,087 | +€2,351 | +14.9% |
| Amounts receivable within one year | 40/41 | €12,735 | €15,315 | +€2,579 | +20.3% |
| Trade receivables | 40 | €2,961 | €986 | -€1,975 | -66.7% |
| Other amounts receivable | 41 | €9,775 | €14,328 | +€4,554 | +46.6% |
| Cash at bank and in hand | 54/58 | €37,174 | €38,083 | +€908 | +2.4% |
| Total equity and liabilities | 10/49 | €68,919 | €75,062 | +€6,143 | +8.9% |
| Equity | 10/15 | €49,145 | €52,018 | +€2,873 | +5.8% |
| Contributions | 10/11 | €18,434 | €18,434 | = | 0.0% |
| Reserves | 13 | €1,843 | €1,843 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,843 | €1,843 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,843 | €1,843 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,868 | €31,741 | +€2,873 | +10.0% |
| Amounts payable | 17/49 | €19,774 | €23,044 | +€3,270 | +16.5% |
| Amounts payable within one year | 42/48 | €19,774 | €23,044 | +€3,270 | +16.5% |
| Trade debts | 44 | €19,496 | €18,798 | -€698 | -3.6% |
| Suppliers | 440/4 | €19,496 | €18,798 | -€698 | -3.6% |
| Taxes, remuneration and social security | 45 | €278 | €4,246 | +€3,968 | +1427.3% |
| Taxes | 450/3 | - | €718 | +€718 | |
| Remuneration and social security | 454/9 | €278 | €3,528 | +€3,250 | +1168.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255 | €535 | +€280 | +109.8% |
| Other operating charges | 640/8 | €2,063 | €3,469 | +€1,407 | +68.2% |
| Gross operating margin | 9900 | €5,754 | €11,085 | +€5,331 | +92.6% |
| Operating profit (loss) | 9901 | €3,437 | €7,081 | +€3,644 | +106.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €509 | €3,217 | +€2,708 | +532.3% |
| Recurring financial charges | 65 | €509 | €3,217 | +€2,708 | +532.3% |
| Profit (loss) for the period before taxes | 9903 | €2,928 | €3,864 | +€936 | +32.0% |
| Income taxes | 67/77 | €889 | €991 | +€102 | +11.5% |
| Profit (loss) for the period | 9904 | €2,039 | €2,873 | +€834 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,039 | €2,873 | +€834 | +40.9% |
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 9 October 2026 via checked.be.