Siftit: 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.
Siftit
Largest movements
- Cash -€35,128
down €35,128 (-32.9%), from €106,932 to €71,804
mainly Contributions, distributions and other (-€94,029) and Other debts (-€25,150)
- Tangible fixed assets +€8,231
up €8,231 (+342.0%), from €2,406 to €10,637
- Receivables within one year -€6,867
down €6,867 (-17.8%), from €38,488 to €31,621
of which Trade receivables: -€11,201
- Other debts -€25,150
down €25,150 (-20.1%), from €124,845 to €99,695
- Tax, wage and social debts -€7,909
down €7,909 (-46.9%), from €16,876 to €8,968
- Gross operating margin -€30,079
down €30,079 (-19.1%), from €157,148 to €127,069
- Taxes -€9,294
down €9,294 (-26.6%), from €34,950 to €25,656
- Depreciation +€5,734
up €5,734 (+940.1%), from €610 to €6,344
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 | €147,826 | €114,252 | -€33,575 | -22.7% |
| Fixed assets | 21/28 | €2,406 | €10,637 | +€8,231 | +342.0% |
| Tangible fixed assets | 22/27 | €2,406 | €10,637 | +€8,231 | +342.0% |
| Furniture and vehicles | 24 | €2,406 | €10,637 | +€8,231 | +342.0% |
| Current assets | 29/58 | €145,420 | €103,615 | -€41,805 | -28.7% |
| Amounts receivable within one year | 40/41 | €38,488 | €31,621 | -€6,867 | -17.8% |
| Trade receivables | 40 | €38,478 | €27,277 | -€11,201 | -29.1% |
| Other amounts receivable | 41 | €10 | €4,344 | +€4,334 | +42780.4% |
| Cash at bank and in hand | 54/58 | €106,932 | €71,804 | -€35,128 | -32.9% |
| Deferred charges and accrued income | 490/1 | - | €190 | +€190 | |
| Total equity and liabilities | 10/49 | €147,826 | €114,252 | -€33,575 | -22.7% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €142,826 | €109,252 | -€33,575 | -23.5% |
| Amounts payable within one year | 42/48 | €142,826 | €109,252 | -€33,575 | -23.5% |
| Trade debts | 44 | €1,105 | €589 | -€516 | -46.7% |
| Suppliers | 440/4 | €1,105 | €589 | -€516 | -46.7% |
| Taxes, remuneration and social security | 45 | €16,876 | €8,968 | -€7,909 | -46.9% |
| Taxes | 450/3 | €16,876 | €8,968 | -€7,909 | -46.9% |
| Other amounts payable | 47/48 | €124,845 | €99,695 | -€25,150 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €610 | €6,344 | +€5,734 | +940.1% |
| Other operating charges | 640/8 | €446 | €1,000 | +€554 | +124.0% |
| Gross operating margin | 9900 | €157,148 | €127,069 | -€30,079 | -19.1% |
| Operating profit (loss) | 9901 | €156,091 | €119,724 | -€36,367 | -23.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €136 | €39 | -€97 | -71.3% |
| Recurring financial charges | 65 | €136 | €39 | -€97 | -71.3% |
| Profit (loss) for the period before taxes | 9903 | €155,955 | €119,685 | -€36,270 | -23.3% |
| Income taxes | 67/77 | €34,950 | €25,656 | -€9,294 | -26.6% |
| Profit (loss) for the period | 9904 | €121,005 | €94,029 | -€26,976 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €121,005 | €94,029 | -€26,976 | -22.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.