Sidika: 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.
Sidika
Largest movements
- Receivables within one year +€293,125
up €293,125 (+419.4%), from €69,892 to €363,017
of which Other amounts receivable: +€159,472
- Stocks and contracts +€22,130
up €22,130 (+73.1%), from €30,263 to €52,394
- Cash +€8,571
up €8,571 (+57.8%), from €14,826 to €23,396
mainly Debts after one year (+€227,820) and Trade debts (+€49,881)
- Debts after one year +€227,820
up €227,820 (+569.6%), from €40,000 to €267,820
of which Financial debts: +€247,820
- Trade debts +€49,881
up €49,881 (+165.5%), from €30,148 to €80,029
- Other debts +€24,283
up €24,283 (+4482.5%), from €542 to €24,825
- Tax, wage and social debts +€14,450
up €14,450 (+30.6%), from €47,288 to €61,738
of which Remuneration and social security: +€9,124
- Profit (loss) carried forward +€5,083
up €5,083 (+10.6%), from €47,916 to €52,999
- Staff costs +€38,673
up €38,673 (+30.3%), from €127,557 to €166,230
- Gross operating margin +€28,231
up €28,231 (+14.8%), from €190,198 to €218,429
- Financial charges +€8,292
up €8,292 (+92.1%), from €9,008 to €17,300
- Taxes -€5,384
down €5,384 (-37.9%), from €14,211 to €8,828
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 | €185,661 | €507,457 | +€321,796 | +173.3% |
| Fixed assets | 21/28 | €67,674 | €65,644 | -€2,030 | -3.0% |
| Tangible fixed assets | 22/27 | €67,399 | €65,369 | -€2,030 | -3.0% |
| Plant, machinery and equipment | 23 | €34,685 | €37,000 | +€2,315 | +6.7% |
| Furniture and vehicles | 24 | €1,524 | €1,129 | -€395 | -25.9% |
| Other tangible fixed assets | 26 | €31,190 | €27,241 | -€3,949 | -12.7% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €117,986 | €441,812 | +€323,826 | +274.5% |
| Stocks and contracts in progress | 3 | €30,263 | €52,394 | +€22,130 | +73.1% |
| Stocks | 30/36 | €30,263 | €52,394 | +€22,130 | +73.1% |
| Amounts receivable within one year | 40/41 | €69,892 | €363,017 | +€293,125 | +419.4% |
| Trade receivables | 40 | €66,256 | €199,909 | +€133,654 | +201.7% |
| Other amounts receivable | 41 | €3,636 | €163,108 | +€159,472 | +4386.0% |
| Cash at bank and in hand | 54/58 | €14,826 | €23,396 | +€8,571 | +57.8% |
| Deferred charges and accrued income | 490/1 | €3,005 | €3,005 | = | 0.0% |
| Total equity and liabilities | 10/49 | €185,661 | €507,457 | +€321,796 | +173.3% |
| Equity | 10/15 | €67,682 | €72,765 | +€5,083 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,166 | €1,166 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,166 | €1,166 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,166 | €1,166 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,916 | €52,999 | +€5,083 | +10.6% |
| Amounts payable | 17/49 | €117,978 | €434,691 | +€316,713 | +268.4% |
| Amounts payable after more than one year | 17 | €40,000 | €267,820 | +€227,820 | +569.6% |
| Financial debts | 170/4 | - | €247,820 | +€247,820 | |
| Other amounts payable | 178/9 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Amounts payable within one year | 42/48 | €77,978 | €166,871 | +€88,893 | +114.0% |
| Financial debts | 43 | - | €279 | +€279 | |
| Credit institutions | 430/8 | - | €279 | +€279 | |
| Trade debts | 44 | €30,148 | €80,029 | +€49,881 | +165.5% |
| Suppliers | 440/4 | €30,148 | €80,029 | +€49,881 | +165.5% |
| Taxes, remuneration and social security | 45 | €47,288 | €61,738 | +€14,450 | +30.6% |
| Taxes | 450/3 | €29,532 | €34,858 | +€5,326 | +18.0% |
| Remuneration and social security | 454/9 | €17,756 | €26,881 | +€9,124 | +51.4% |
| Other amounts payable | 47/48 | €542 | €24,825 | +€24,283 | +4482.5% |
| Non-recurring operating income | 76A | - | €50,000 | +€50,000 | |
| Remuneration, social security and pensions | 62 | €127,557 | €166,230 | +€38,673 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,075 | €13,804 | +€1,729 | +14.3% |
| Other operating charges | 640/8 | €8,517 | €7,277 | -€1,240 | -14.6% |
| Gross operating margin | 9900 | €190,198 | €218,429 | +€28,231 | +14.8% |
| Operating profit (loss) | 9901 | €42,049 | €31,119 | -€10,930 | -26.0% |
| Financial income | 75/76B | €17 | €92 | +€75 | +448.3% |
| Recurring financial income | 75 | €17 | €92 | +€75 | +448.3% |
| Financial charges | 65/66B | €9,008 | €17,300 | +€8,292 | +92.1% |
| Recurring financial charges | 65 | €9,008 | €17,300 | +€8,292 | +92.1% |
| Profit (loss) for the period before taxes | 9903 | €33,058 | €13,911 | -€19,147 | -57.9% |
| Income taxes | 67/77 | €14,211 | €8,828 | -€5,384 | -37.9% |
| Profit (loss) for the period | 9904 | €18,847 | €5,083 | -€13,763 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,847 | €5,083 | -€13,763 | -73.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.