Sigetics: 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.
Sigetics
Largest movements
- Receivables within one year +€28,544
up €28,544 (+131.6%), from €21,697 to €50,241
of which Trade receivables: +€19,544
- Cash +€19,179
up €19,179 (+75.7%), from €25,327 to €44,506
mainly Other debts (+€85,144) and Net result for the year (+€53,307)
- Tangible fixed assets +€4,878
up €4,878 (+44.6%), from €10,926 to €15,804
of which Other tangible fixed assets: +€5,628
- Other debts +€85,144
up €85,144 (+28334.9%), from €300 to €85,444
- Profit (loss) carried forward -€46,189
down €46,189 (-93.3%), from €49,496 to €3,307
- Tax, wage and social debts +€13,558
up €13,558 (+233.4%), from €5,809 to €19,367
- Gross operating margin +€10,001
up €10,001 (+15.2%), from €65,582 to €75,582
- Taxes +€5,707
up €5,707 (+43.1%), from €13,243 to €18,950
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 | €58,115 | €110,551 | +€52,437 | +90.2% |
| Fixed assets | 21/28 | €11,090 | €15,804 | +€4,714 | +42.5% |
| Intangible fixed assets | 21 | €164 | €0 | -€164 | -100.0% |
| Tangible fixed assets | 22/27 | €10,926 | €15,804 | +€4,878 | +44.6% |
| Furniture and vehicles | 24 | €955 | €206 | -€749 | -78.5% |
| Other tangible fixed assets | 26 | €9,971 | €15,599 | +€5,628 | +56.4% |
| Current assets | 29/58 | €47,025 | €94,747 | +€47,722 | +101.5% |
| Amounts receivable within one year | 40/41 | €21,697 | €50,241 | +€28,544 | +131.6% |
| Trade receivables | 40 | €21,697 | €41,241 | +€19,544 | +90.1% |
| Other amounts receivable | 41 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €25,327 | €44,506 | +€19,179 | +75.7% |
| Total equity and liabilities | 10/49 | €58,115 | €110,551 | +€52,437 | +90.2% |
| Equity | 10/15 | €50,496 | €4,307 | -€46,189 | -91.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,496 | €3,307 | -€46,189 | -93.3% |
| Amounts payable | 17/49 | €7,618 | €106,244 | +€98,626 | +1294.6% |
| Amounts payable within one year | 42/48 | €7,618 | €106,244 | +€98,626 | +1294.6% |
| Trade debts | 44 | €1,509 | €1,433 | -€76 | -5.0% |
| Suppliers | 440/4 | €1,509 | €1,433 | -€76 | -5.0% |
| Taxes, remuneration and social security | 45 | €5,809 | €19,367 | +€13,558 | +233.4% |
| Taxes | 450/3 | €5,809 | €19,367 | +€13,558 | +233.4% |
| Other amounts payable | 47/48 | €300 | €85,444 | +€85,144 | +28334.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,775 | €2,854 | +€79 | +2.8% |
| Other operating charges | 640/8 | €0 | €400 | +€400 | |
| Gross operating margin | 9900 | €65,582 | €75,582 | +€10,001 | +15.2% |
| Operating profit (loss) | 9901 | €62,807 | €72,329 | +€9,522 | +15.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €62,740 | €72,257 | +€9,517 | +15.2% |
| Income taxes | 67/77 | €13,243 | €18,950 | +€5,707 | +43.1% |
| Profit (loss) for the period | 9904 | €49,496 | €53,307 | +€3,811 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,496 | €53,307 | +€3,811 | +7.7% |
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 8 October 2026 via checked.be.