SIDONIE: what changed
SIDONIE
Largest movements
- Receivables within one year +€31,577
up €31,577 (+326%), from €9,680 to €41,257
of which Trade receivables: +€32,216
- Cash -€23,381
down €23,381 (-54.3%), from €43,029 to €19,648
mainly Other debts (-€57,032) and Receivables within one year (-€31,577)
- Tangible fixed assets -€2,297
down €2,297 (-10.9%), from €21,006 to €18,709
of which Furniture and vehicles: -€2,047
- Deferred charges and accrued income -€1,912
down €1,912 (-98.0%), from €1,950 to €38
- Stocks and contracts +€1,773
up €1,773 (+40.4%), from €4,391 to €6,164
- Trade debts +€62,095
up €62,095 (+447%), from €13,884 to €75,979
- Other debts -€57,032
down €57,032 (-80.2%), from €71,082 to €14,050
- Profit (loss) carried forward +€2,602
up €2,602 (+4.5%), from -€57,527 to -€54,925
- Debts after one year -€1,905
down €1,905 (-80.0%), from €2,381 to €476
- Gross operating margin +€4,405
up €4,405 (+72.2%), from €6,101 to €10,507
- Depreciation +€552
up €552 (+10.3%), from €5,349 to €5,901
- Financial charges +€454
up €454 (+31.4%), from €1,446 to €1,899
- Other operating charges -€180
down €180 (-50.0%), from €360 to €180
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 | €80,315 | €86,076 | +€5,761 | +7.2% |
| Fixed assets | 21/28 | €21,266 | €18,969 | -€2,297 | -10.8% |
| Tangible fixed assets | 22/27 | €21,006 | €18,709 | -€2,297 | -10.9% |
| Plant, machinery and equipment | 23 | €6,528 | €7,308 | +€779 | +11.9% |
| Furniture and vehicles | 24 | €8,188 | €6,141 | -€2,047 | -25.0% |
| Other tangible fixed assets | 26 | €6,290 | €5,260 | -€1,029 | -16.4% |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €59,050 | €67,107 | +€8,058 | +13.6% |
| Stocks and contracts in progress | 3 | €4,391 | €6,164 | +€1,773 | +40.4% |
| Stocks | 30/36 | €4,391 | €6,164 | +€1,773 | +40.4% |
| Amounts receivable within one year | 40/41 | €9,680 | €41,257 | +€31,577 | +326% |
| Trade receivables | 40 | €2,180 | €34,396 | +€32,216 | +1,478% |
| Other amounts receivable | 41 | €7,500 | €6,861 | -€639 | -8.5% |
| Cash at bank and in hand | 54/58 | €43,029 | €19,648 | -€23,381 | -54.3% |
| Deferred charges and accrued income | 490/1 | €1,950 | €38 | -€1,912 | -98.0% |
| Total equity and liabilities | 10/49 | €80,315 | €86,076 | +€5,761 | +7.2% |
| Equity | 10/15 | -€8,935 | -€6,333 | +€2,602 | +29.1% |
| Contributions | 10/11 | €48,592 | €48,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,527 | -€54,925 | +€2,602 | +4.5% |
| Amounts payable | 17/49 | €89,251 | €92,410 | +€3,159 | +3.5% |
| Amounts payable after more than one year | 17 | €2,381 | €476 | -€1,905 | -80.0% |
| Financial debts | 170/4 | €2,381 | €476 | -€1,905 | -80.0% |
| Amounts payable within one year | 42/48 | €86,870 | €91,933 | +€5,063 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €1,905 | €1,905 | = | 0.0% |
| Trade debts | 44 | €13,884 | €75,979 | +€62,095 | +447% |
| Suppliers | 440/4 | €13,884 | €75,979 | +€62,095 | +447% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €71,082 | €14,050 | -€57,032 | -80.2% |
| Remuneration, social security and pensions | 62 | €27 | - | -€27 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,349 | €5,901 | +€552 | +10.3% |
| Other operating charges | 640/8 | €360 | €180 | -€180 | -50.0% |
| Gross operating margin | 9900 | €6,101 | €10,507 | +€4,405 | +72.2% |
| Operating profit (loss) | 9901 | €366 | €4,426 | +€4,060 | +1,110% |
| Financial income | 75/76B | €9 | €75 | +€67 | +786% |
| Recurring financial income | 75 | €9 | €75 | +€67 | +786% |
| Financial charges | 65/66B | €1,446 | €1,899 | +€454 | +31.4% |
| Recurring financial charges | 65 | €1,446 | €1,899 | +€454 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,071 | €2,602 | +€3,674 | |
| Profit (loss) for the period | 9904 | -€1,071 | €2,602 | +€3,674 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,071 | €2,602 | +€3,674 |
Next steps
Calculation and sources
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 3 November 2026 via checked.be.