Siedra: 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.
Siedra
Largest movements
- Cash +€47,764
up €47,764 (+168.7%), from €28,321 to €76,085
mainly Net result for the year (+€48,867) and Tax, wage and social debts (+€12,277)
- Receivables within one year +€12,778
up €12,778 (+42.2%), from €30,313 to €43,091
of which Other amounts receivable: +€10,000
- Reserves +€48,067
up €48,067 (+155.5%), from €30,914 to €78,981
- Tax, wage and social debts +€12,277
up €12,277 (+55.3%), from €22,211 to €34,488
- Gross operating margin +€22,754
up €22,754 (+49.3%), from €46,172 to €68,926
- Taxes +€6,689
up €6,689 (+53.7%), from €12,465 to €19,155
- Depreciation -€1,353
no longer reported in 2025 (was €1,353)
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 | €58,634 | €119,176 | +€60,542 | +103.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €58,634 | €119,176 | +€60,542 | +103.3% |
| Amounts receivable within one year | 40/41 | €30,313 | €43,091 | +€12,778 | +42.2% |
| Trade receivables | 40 | €23,813 | €26,591 | +€2,778 | +11.7% |
| Other amounts receivable | 41 | €6,500 | €16,500 | +€10,000 | +153.8% |
| Cash at bank and in hand | 54/58 | €28,321 | €76,085 | +€47,764 | +168.7% |
| Total equity and liabilities | 10/49 | €58,634 | €119,176 | +€60,542 | +103.3% |
| Equity | 10/15 | €32,914 | €80,981 | +€48,067 | +146.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €30,914 | €78,981 | +€48,067 | +155.5% |
| Distributable reserves | 133 | €30,914 | €78,981 | +€48,067 | +155.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | +€0 | +34.6% |
| Amounts payable | 17/49 | €25,720 | €38,195 | +€12,475 | +48.5% |
| Amounts payable within one year | 42/48 | €25,720 | €38,195 | +€12,475 | +48.5% |
| Trade debts | 44 | €2,618 | €2,907 | +€288 | +11.0% |
| Suppliers | 440/4 | €2,618 | €2,907 | +€288 | +11.0% |
| Taxes, remuneration and social security | 45 | €22,211 | €34,488 | +€12,277 | +55.3% |
| Taxes | 450/3 | €22,211 | €34,488 | +€12,277 | +55.3% |
| Other amounts payable | 47/48 | €890 | €800 | -€90 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,353 | - | -€1,353 | |
| Other operating charges | 640/8 | €607 | €851 | +€244 | +40.2% |
| Gross operating margin | 9900 | €46,172 | €68,926 | +€22,754 | +49.3% |
| Operating profit (loss) | 9901 | €44,212 | €68,075 | +€23,863 | +54.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €34 | €53 | +€20 | +58.1% |
| Recurring financial charges | 65 | €34 | €53 | +€20 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €44,179 | €68,022 | +€23,843 | +54.0% |
| Income taxes | 67/77 | €12,465 | €19,155 | +€6,689 | +53.7% |
| Profit (loss) for the period | 9904 | €31,714 | €48,867 | +€17,153 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,714 | €48,867 | +€17,153 | +54.1% |
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 6 October 2026 via checked.be.