SIEGNO & CO: 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.
SIEGNO & CO
Largest movements
- Tangible fixed assets +€60,369
up €60,369 (+5,119%), from €1,179 to €61,548
of which Furniture and vehicles: +€48,369
- Cash -€16,672
down €16,672 (-99.2%), from €16,809 to €137
mainly Investment in fixed assets (net) (-€71,118) and Receivables within one year (-€4,278)
- Receivables within one year +€4,278
up €4,278 (+19.5%), from €21,916 to €26,194
- Current investments +€4,168
up €4,168 (+10.9%), from €38,222 to €42,390
- Deferred charges and accrued income +€1,551
up €1,551 (+424%), from €365 to €1,916
- Debts after one year +€21,723
new in 2025: €21,723
- Other debts +€14,011
up €14,011 (+43.0%), from €32,547 to €46,558
- Current portion of long-term debt +€12,261
new in 2025: €12,261
- Trade debts +€8,411
up €8,411 (+35.1%), from €23,974 to €32,384
- Tax, wage and social debts -€3,340
down €3,340 (-32.4%), from €10,313 to €6,974
- Depreciation +€10,642
up €10,642 (+9,926%), from €107 to €10,749
- Gross operating margin +€6,712
up €6,712 (+47.0%), from €14,267 to €20,980
- Other operating charges +€4,724
up €4,724 (+838%), from €564 to €5,288
- Financial income +€2,780
up €2,780 (+27,385%), from €10 to €2,790
- Taxes -€1,800
down €1,800 (-25.7%), from €7,000 to €5,200
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 | €78,491 | €132,185 | +€53,694 | +68.4% |
| Fixed assets | 21/28 | €1,179 | €61,548 | +€60,369 | +5,119% |
| Tangible fixed assets | 22/27 | €1,179 | €61,548 | +€60,369 | +5,119% |
| Plant, machinery and equipment | 23 | - | €12,000 | +€12,000 | |
| Furniture and vehicles | 24 | €1,179 | €49,548 | +€48,369 | +4,102% |
| Current assets | 29/58 | €77,312 | €70,637 | -€6,675 | -8.6% |
| Amounts receivable within one year | 40/41 | €21,916 | €26,194 | +€4,278 | +19.5% |
| Trade receivables | 40 | €21,916 | €26,194 | +€4,278 | +19.5% |
| Current investments | 50/53 | €38,222 | €42,390 | +€4,168 | +10.9% |
| Cash at bank and in hand | 54/58 | €16,809 | €137 | -€16,672 | -99.2% |
| Deferred charges and accrued income | 490/1 | €365 | €1,916 | +€1,551 | +424% |
| Total equity and liabilities | 10/49 | €78,491 | €132,185 | +€53,694 | +68.4% |
| Equity | 10/15 | €11,657 | €12,286 | +€628 | +5.4% |
| Contributions | 10/11 | €33,600 | €33,600 | = | 0.0% |
| Reserves | 13 | €5,628 | €5,628 | = | 0.0% |
| Distributable reserves | 133 | €5,628 | €5,628 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,571 | -€26,942 | +€628 | +2.3% |
| Amounts payable | 17/49 | €66,834 | €119,899 | +€53,066 | +79.4% |
| Amounts payable after more than one year | 17 | - | €21,723 | +€21,723 | |
| Financial debts | 170/4 | - | €21,723 | +€21,723 | |
| Amounts payable within one year | 42/48 | €66,834 | €98,176 | +€31,343 | +46.9% |
| Current portion of amounts payable after more than one year | 42 | - | €12,261 | +€12,261 | |
| Trade debts | 44 | €23,974 | €32,384 | +€8,411 | +35.1% |
| Suppliers | 440/4 | €23,974 | €32,384 | +€8,411 | +35.1% |
| Taxes, remuneration and social security | 45 | €10,313 | €6,974 | -€3,340 | -32.4% |
| Taxes | 450/3 | €10,313 | €6,974 | -€3,340 | -32.4% |
| Other amounts payable | 47/48 | €32,547 | €46,558 | +€14,011 | +43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €10,749 | +€10,642 | +9,926% |
| Other operating charges | 640/8 | €564 | €5,288 | +€4,724 | +838% |
| Gross operating margin | 9900 | €14,267 | €20,980 | +€6,712 | +47.0% |
| Operating profit (loss) | 9901 | €13,596 | €4,943 | -€8,654 | -63.6% |
| Financial income | 75/76B | €10 | €2,790 | +€2,780 | +27,385% |
| Recurring financial income | 75 | €10 | €2,790 | +€2,780 | +27,385% |
| Financial charges | 65/66B | €219 | €1,904 | +€1,685 | +771% |
| Recurring financial charges | 65 | €219 | €1,904 | +€1,685 | +771% |
| Profit (loss) for the period before taxes | 9903 | €13,388 | €5,828 | -€7,559 | -56.5% |
| Income taxes | 67/77 | €7,000 | €5,200 | -€1,800 | -25.7% |
| Profit (loss) for the period | 9904 | €6,388 | €628 | -€5,759 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,388 | €628 | -€5,759 | -90.2% |
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 15 October 2026 via checked.be.