SIDNEVA: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
SIDNEVA
Largest movements
- Receivables within one year +€27,963
up €27,963 (+12.8%), from €218,780 to €246,743
of which Trade receivables: +€121,634
- Cash -€24,111
down €24,111 (-33.7%), from €71,649 to €47,538
mainly Contributions, distributions and other (-€184,940) and Trade debts (-€43,902)
- Reserves +€210,532
new in 2025: €210,532
- Profit (loss) carried forward -€184,940
down €184,940 (-100%), from €184,940 to €0
- Trade debts -€43,902
down €43,902 (-66.3%), from €66,250 to €22,348
- Other debts +€27,805
up €27,805 (+80.6%), from €34,500 to €62,305
- Tax, wage and social debts -€7,035
down €7,035 (-35.8%), from €19,643 to €12,608
- Financial charges -€206,323
down €206,323 (-99.9%), from €206,579 to €257
of which Non-recurring financial charges: -€206,017
- Other operating charges -€115,246
down €115,246 (-96.1%), from €119,943 to €4,698
- Gross operating margin +€65,396
up €65,396 (+33.8%), from €193,478 to €258,874
- Taxes +€27,968
up €27,968 (+8,025%), from €349 to €28,317
- Depreciation +€9,779
up €9,779 (+172%), from €5,698 to €15,477
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €323,923 | €327,130 | +€3,208 | +1.0% |
| Fixed assets | 21/28 | €31,140 | €32,036 | +€896 | +2.9% |
| Tangible fixed assets | 22/27 | €12,540 | €13,436 | +€896 | +7.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €10,611 | €9,067 | -€1,544 | -14.5% |
| Other tangible fixed assets | 26 | €1,929 | €4,369 | +€2,440 | +126% |
| Financial fixed assets | 28 | €18,600 | €18,600 | = | 0.0% |
| Current assets | 29/58 | €292,783 | €295,094 | +€2,312 | +0.8% |
| Amounts receivable within one year | 40/41 | €218,780 | €246,743 | +€27,963 | +12.8% |
| Trade receivables | 40 | €64,106 | €185,740 | +€121,634 | +190% |
| Other amounts receivable | 41 | €154,674 | €61,003 | -€93,671 | -60.6% |
| Cash at bank and in hand | 54/58 | €71,649 | €47,538 | -€24,111 | -33.7% |
| Deferred charges and accrued income | 490/1 | €2,353 | €813 | -€1,540 | -65.5% |
| Total equity and liabilities | 10/49 | €323,923 | €327,130 | +€3,208 | +1.0% |
| Equity | 10/15 | €203,490 | €229,082 | +€25,592 | +12.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €210,532 | +€210,532 | |
| Distributable reserves | 133 | - | €210,532 | +€210,532 | |
| Profit (loss) carried forward | 14 | €184,940 | €0 | -€184,940 | -100% |
| Amounts payable | 17/49 | €120,433 | €98,048 | -€22,385 | -18.6% |
| Amounts payable within one year | 42/48 | €120,405 | €97,874 | -€22,530 | -18.7% |
| Financial debts | 43 | €12 | €613 | +€601 | +5,014% |
| Credit institutions | 430/8 | €12 | €613 | +€601 | +5,014% |
| Trade debts | 44 | €66,250 | €22,348 | -€43,902 | -66.3% |
| Suppliers | 440/4 | €66,250 | €22,348 | -€43,902 | -66.3% |
| Taxes, remuneration and social security | 45 | €19,643 | €12,608 | -€7,035 | -35.8% |
| Taxes | 450/3 | €19,643 | €12,608 | -€7,035 | -35.8% |
| Other amounts payable | 47/48 | €34,500 | €62,305 | +€27,805 | +80.6% |
| Accrued charges and deferred income | 492/3 | €28 | €174 | +€146 | +514% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,698 | €15,477 | +€9,779 | +172% |
| Other operating charges | 640/8 | €119,943 | €4,698 | -€115,246 | -96.1% |
| Gross operating margin | 9900 | €193,478 | €258,874 | +€65,396 | +33.8% |
| Operating profit (loss) | 9901 | €67,836 | €238,699 | +€170,862 | +252% |
| Financial income | 75/76B | €2,563 | €407 | -€2,156 | -84.1% |
| Recurring financial income | 75 | €2,563 | €407 | -€2,156 | -84.1% |
| Financial charges | 65/66B | €206,579 | €257 | -€206,323 | -99.9% |
| Recurring financial charges | 65 | €562 | €257 | -€306 | -54.4% |
| Non-recurring financial charges | 66B | €206,017 | €0 | -€206,017 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€136,180 | €238,849 | +€375,030 | |
| Income taxes | 67/77 | €349 | €28,317 | +€27,968 | +8,025% |
| Profit (loss) for the period | 9904 | -€136,529 | €210,532 | +€347,061 | |
| Profit (loss) for the period to be appropriated | 9905 | -€136,529 | €210,532 | +€347,061 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.