Sidharta Consulting: 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.
Sidharta Consulting
Largest movements
- Receivables after one year +€310,000
up €310,000 (+917%), from €33,800 to €343,800
- Cash -€262,485
down €262,485 (-70.1%), from €374,232 to €111,747
mainly Receivables after one year (-€310,000) and Investment in fixed assets (net) (-€250,480)
- Tangible fixed assets +€228,110
up €228,110 (+81.7%), from €279,158 to €507,268
of which Land and buildings: +€228,016
- Receivables within one year +€33,629
up €33,629 (+110%), from €30,455 to €64,085
of which Trade receivables: +€31,663
- Intangible fixed assets -€12,350
down €12,350 (-14.3%), from €86,416 to €74,066
- Other debts +€254,135
up €254,135 (+1,746%), from €14,558 to €268,693
- Debts after one year +€165,442
up €165,442 (+30.9%), from €534,800 to €700,242
- Reserves -€148,077
down €148,077 (-100%), from €148,077 to €0
- Current portion of long-term debt +€34,778
up €34,778 (+89.4%), from €38,914 to €73,692
- Tax, wage and social debts -€13,080
down €13,080 (-26.9%), from €48,551 to €35,472
- Gross operating margin -€55,149
down €55,149 (-23.8%), from €231,635 to €176,486
- Taxes -€19,589
down €19,589 (-47.6%), from €41,196 to €21,607
- Financial charges +€6,676
up €6,676 (+51.7%), from €12,910 to €19,586
- Depreciation +€6,497
up €6,497 (+23.0%), from €28,223 to €34,720
- Financial income +€4,709
up €4,709 (+696%), from €677 to €5,386
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.
Derived cash bridge
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 | €808,446 | €1,109,021 | +€300,575 | +37.2% |
| Fixed assets | 21/28 | €365,574 | €581,334 | +€215,760 | +59.0% |
| Intangible fixed assets | 21 | €86,416 | €74,066 | -€12,350 | -14.3% |
| Tangible fixed assets | 22/27 | €279,158 | €507,268 | +€228,110 | +81.7% |
| Land and buildings | 22 | €259,805 | €487,821 | +€228,016 | +87.8% |
| Plant, machinery and equipment | 23 | €2 | €10,120 | +€10,118 | +581,498% |
| Furniture and vehicles | 24 | €19,352 | €9,327 | -€10,025 | -51.8% |
| Current assets | 29/58 | €442,872 | €527,687 | +€84,815 | +19.2% |
| Amounts receivable after more than one year | 29 | €33,800 | €343,800 | +€310,000 | +917% |
| Other amounts receivable | 291 | €33,800 | €343,800 | +€310,000 | +917% |
| Amounts receivable within one year | 40/41 | €30,455 | €64,085 | +€33,629 | +110% |
| Trade receivables | 40 | €30,269 | €61,932 | +€31,663 | +105% |
| Other amounts receivable | 41 | €187 | €2,153 | +€1,966 | +1,052% |
| Cash at bank and in hand | 54/58 | €374,232 | €111,747 | -€262,485 | -70.1% |
| Deferred charges and accrued income | 490/1 | €4,384 | €8,055 | +€3,671 | +83.7% |
| Total equity and liabilities | 10/49 | €808,446 | €1,109,021 | +€300,575 | +37.2% |
| Equity | 10/15 | €166,677 | €18,600 | -€148,077 | -88.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €148,077 | €0 | -€148,077 | -100% |
| Distributable reserves | 133 | €148,077 | €0 | -€148,077 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €641,769 | €1,090,421 | +€448,651 | +69.9% |
| Amounts payable after more than one year | 17 | €534,800 | €700,242 | +€165,442 | +30.9% |
| Financial debts | 170/4 | €534,800 | €700,242 | +€165,442 | +30.9% |
| Amounts payable within one year | 42/48 | €105,944 | €389,193 | +€283,249 | +267% |
| Current portion of amounts payable after more than one year | 42 | €38,914 | €73,692 | +€34,778 | +89.4% |
| Financial debts | 43 | €72 | €133 | +€61 | +84.1% |
| Credit institutions | 430/8 | €72 | €133 | +€61 | +84.1% |
| Trade debts | 44 | €3,848 | €11,203 | +€7,355 | +191% |
| Suppliers | 440/4 | €3,848 | €11,203 | +€7,355 | +191% |
| Taxes, remuneration and social security | 45 | €48,551 | €35,472 | -€13,080 | -26.9% |
| Taxes | 450/3 | €48,551 | €35,472 | -€13,080 | -26.9% |
| Other amounts payable | 47/48 | €14,558 | €268,693 | +€254,135 | +1,746% |
| Accrued charges and deferred income | 492/3 | €1,025 | €986 | -€40 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,223 | €34,720 | +€6,497 | +23.0% |
| Other operating charges | 640/8 | €1,906 | €1,930 | +€24 | +1.3% |
| Non-recurring operating charges | 66A | €0 | €5,879 | +€5,879 | |
| Gross operating margin | 9900 | €231,635 | €176,486 | -€55,149 | -23.8% |
| Operating profit (loss) | 9901 | €201,506 | €133,957 | -€67,550 | -33.5% |
| Financial income | 75/76B | €677 | €5,386 | +€4,709 | +696% |
| Recurring financial income | 75 | €677 | €5,386 | +€4,709 | +696% |
| Financial charges | 65/66B | €12,910 | €19,586 | +€6,676 | +51.7% |
| Recurring financial charges | 65 | €12,910 | €19,586 | +€6,676 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | €189,273 | €119,756 | -€69,517 | -36.7% |
| Income taxes | 67/77 | €41,196 | €21,607 | -€19,589 | -47.6% |
| Profit (loss) for the period | 9904 | €148,077 | €98,149 | -€49,928 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €148,077 | €98,149 | -€49,928 | -33.7% |
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 1 November 2026 via checked.be.