SIG AVIATION: 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.
SIG AVIATION
Largest movements
- Receivables within one year -€13,578
down €13,578 (-9.1%), from €149,678 to €136,099
of which Other amounts receivable: -€12,063
- Tax, wage and social debts -€33,239
down €33,239 (-48.9%), from €67,918 to €34,679
of which Remuneration and social security: -€30,371
- Profit (loss) carried forward +€20,876
up €20,876 (+28.3%), from €73,844 to €94,720
- Trade debts -€1,936
down €1,936 (-68.2%), from €2,840 to €904
- Gross operating margin -€66,160
down €66,160 (-67.3%), from €98,234 to €32,074
- Taxes -€15,813
down €15,813 (-62.6%), from €25,246 to €9,433
- Other operating charges +€3,128
up €3,128 (+813.6%), from €384 to €3,512
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,602 | €136,303 | -€14,299 | -9.5% |
| Current assets | 29/58 | €150,602 | €136,303 | -€14,299 | -9.5% |
| Amounts receivable within one year | 40/41 | €149,678 | €136,099 | -€13,578 | -9.1% |
| Trade receivables | 40 | €84,794 | €83,279 | -€1,515 | -1.8% |
| Other amounts receivable | 41 | €64,884 | €52,821 | -€12,063 | -18.6% |
| Cash at bank and in hand | 54/58 | €924 | €203 | -€721 | -78.0% |
| Total equity and liabilities | 10/49 | €150,602 | €136,303 | -€14,299 | -9.5% |
| Equity | 10/15 | €79,844 | €100,720 | +€20,876 | +26.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,844 | €94,720 | +€20,876 | +28.3% |
| Amounts payable | 17/49 | €70,758 | €35,583 | -€35,175 | -49.7% |
| Amounts payable within one year | 42/48 | €70,758 | €35,583 | -€35,175 | -49.7% |
| Trade debts | 44 | €2,840 | €904 | -€1,936 | -68.2% |
| Suppliers | 440/4 | €2,840 | €904 | -€1,936 | -68.2% |
| Taxes, remuneration and social security | 45 | €67,918 | €34,679 | -€33,239 | -48.9% |
| Taxes | 450/3 | €37,547 | €34,679 | -€2,868 | -7.6% |
| Remuneration and social security | 454/9 | €30,371 | - | -€30,371 | |
| Other operating charges | 640/8 | €384 | €3,512 | +€3,128 | +813.6% |
| Gross operating margin | 9900 | €98,234 | €32,074 | -€66,160 | -67.3% |
| Operating profit (loss) | 9901 | €97,850 | €28,562 | -€69,287 | -70.8% |
| Financial income | 75/76B | €1,304 | €2,028 | +€724 | +55.5% |
| Recurring financial income | 75 | €1,304 | €2,028 | +€724 | +55.5% |
| Financial charges | 65/66B | €64 | €281 | +€217 | +340.9% |
| Recurring financial charges | 65 | €64 | €281 | +€217 | +340.9% |
| Profit (loss) for the period before taxes | 9903 | €99,090 | €30,309 | -€68,781 | -69.4% |
| Income taxes | 67/77 | €25,246 | €9,433 | -€15,813 | -62.6% |
| Profit (loss) for the period | 9904 | €73,844 | €20,876 | -€52,968 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,844 | €20,876 | -€52,968 | -71.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.