SIGIA: 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.
SIGIA
Largest movements
- Cash -€51,223
down €51,223 (-89.7%), from €57,113 to €5,890
mainly Net result for the year (-€48,433) and Debts within one year (-€26,665)
- Receivables within one year -€23,875
down €23,875 (-45.8%), from €52,088 to €28,213
- Equity -€48,433
down €48,433 (-67.1%), from €72,196 to €23,763
of which Profit (loss) carried forward: -€48,433
- Debts within one year -€26,665
down €26,665 (-72.1%), from €37,005 to €10,341
of which Trade debts: -€19,501
- Gross operating margin -€45,624
down €45,624, from €5,003 to -€40,621
- Taxes -€1,488
no longer reported in 2021 (was €1,488)
- Financial income +€975
new in 2021: €975
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,201 | €34,103 | -€75,098 | -68.8% |
| Current assets | 29/58 | €109,201 | €34,103 | -€75,098 | -68.8% |
| Amounts receivable within one year | 40/41 | €52,088 | €28,213 | -€23,875 | -45.8% |
| Trade receivables | 40 | - | €9,511 | +€9,511 | |
| Other amounts receivable | 41 | - | €18,702 | +€18,702 | |
| Cash at bank and in hand | 54/58 | €57,113 | €5,890 | -€51,223 | -89.7% |
| Total equity and liabilities | 10/49 | €109,201 | €34,103 | -€75,098 | -68.8% |
| Equity | 10/15 | €72,196 | €23,763 | -€48,433 | -67.1% |
| Contributions | 10/11 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €57,936 | €9,503 | -€48,433 | -83.6% |
| Amounts payable | 17/49 | €37,005 | €10,341 | -€26,665 | -72.1% |
| Amounts payable within one year | 42/48 | €37,005 | €10,341 | -€26,665 | -72.1% |
| Trade debts | 44 | €29,738 | €10,238 | -€19,501 | -65.6% |
| Suppliers | 440/4 | - | €10,238 | +€10,238 | |
| Taxes, remuneration and social security | 45 | - | €103 | +€103 | |
| Taxes | 450/3 | - | €103 | +€103 | |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Non-recurring operating charges | 66A | - | €8,667 | +€8,667 | |
| Gross operating margin | 9900 | €5,003 | -€40,621 | -€45,624 | |
| Operating profit (loss) | 9901 | €5,003 | -€49,288 | -€54,291 | |
| Financial income | 75/76B | - | €975 | +€975 | |
| Recurring financial income | 75 | €619 | €975 | +€357 | +57.6% |
| Financial charges | 65/66B | - | €121 | +€121 | |
| Recurring financial charges | 65 | €96 | €121 | +€25 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €5,526 | -€48,433 | -€53,960 | |
| Income taxes | 67/77 | €1,488 | - | -€1,488 | |
| Profit (loss) for the period | 9904 | €4,039 | -€48,433 | -€52,472 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,039 | -€48,433 | -€52,472 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.