SIGIS: 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.
SIGIS
Largest movements
- Cash -€228,546
down €228,546 (-52.9%), from €432,116 to €203,570
mainly Contributions, distributions and other (-€164,292) and Current investments (-€128,843)
- Current investments +€128,843
up €128,843 (+19.1%), from €673,128 to €801,971
- Receivables within one year +€62,794
up €62,794 (+20.5%), from €305,860 to €368,655
of which Other amounts receivable: +€64,609
- Reserves -€54,257
down €54,257 (-3.8%), from €1.4m to €1.4m
- Tax, wage and social debts +€17,528
up €17,528 (+339.9%), from €5,157 to €22,684
- Turnover -€357,038
no longer reported in 2025 (was €357,038)
- Gross operating margin -€140,786
down €140,786 (-58.2%), from €241,884 to €101,098
- Purchases and services -€117,765
no longer reported in 2025 (was €117,765)
- Taxes -€34,937
down €34,937 (-39.4%), from €88,709 to €53,772
- Financial income +€28,200
up €28,200 (+41.8%), from €67,423 to €95,623
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 | €1,429,077 | €1,391,123 | -€37,954 | -2.7% |
| Fixed assets | 21/28 | €17,973 | €16,927 | -€1,046 | -5.8% |
| Tangible fixed assets | 22/27 | €11,473 | €10,427 | -€1,046 | -9.1% |
| Land and buildings | 22 | €1,281 | €1,135 | -€146 | -11.4% |
| Plant, machinery and equipment | 23 | €179 | €603 | +€425 | +237.7% |
| Furniture and vehicles | 24 | €10,014 | €8,689 | -€1,325 | -13.2% |
| Financial fixed assets | 28 | €6,500 | €6,500 | = | 0.0% |
| Current assets | 29/58 | €1,411,104 | €1,374,196 | -€36,908 | -2.6% |
| Amounts receivable within one year | 40/41 | €305,860 | €368,655 | +€62,794 | +20.5% |
| Trade receivables | 40 | €1,815 | €0 | -€1,815 | -100.0% |
| Other amounts receivable | 41 | €304,045 | €368,655 | +€64,609 | +21.2% |
| Current investments | 50/53 | €673,128 | €801,971 | +€128,843 | +19.1% |
| Cash at bank and in hand | 54/58 | €432,116 | €203,570 | -€228,546 | -52.9% |
| Total equity and liabilities | 10/49 | €1,429,077 | €1,391,123 | -€37,954 | -2.7% |
| Equity | 10/15 | €1,421,481 | €1,367,225 | -€54,257 | -3.8% |
| Reserves | 13 | €1,421,481 | €1,367,225 | -€54,257 | -3.8% |
| Distributable reserves | 133 | €1,421,481 | €1,367,225 | -€54,257 | -3.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €7,596 | €23,899 | +€16,303 | +214.6% |
| Amounts payable within one year | 42/48 | €7,596 | €23,899 | +€16,303 | +214.6% |
| Trade debts | 44 | €2,439 | €1,214 | -€1,225 | -50.2% |
| Suppliers | 440/4 | €2,439 | €1,214 | -€1,225 | -50.2% |
| Taxes, remuneration and social security | 45 | €5,157 | €22,684 | +€17,528 | +339.9% |
| Taxes | 450/3 | €5,157 | €22,684 | +€17,528 | +339.9% |
| Turnover | 70 | €357,038 | - | -€357,038 | |
| Goods, raw materials, services and sundry goods | 60/61 | €117,765 | - | -€117,765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,508 | €1,935 | -€573 | -22.9% |
| Other operating charges | 640/8 | €470 | €968 | +€498 | +106.1% |
| Gross operating margin | 9900 | €241,884 | €101,098 | -€140,786 | -58.2% |
| Operating profit (loss) | 9901 | €238,906 | €98,195 | -€140,711 | -58.9% |
| Financial income | 75/76B | €67,423 | €95,623 | +€28,200 | +41.8% |
| Recurring financial income | 75 | €67,423 | €95,623 | +€28,200 | +41.8% |
| Financial charges | 65/66B | €18,173 | €30,011 | +€11,838 | +65.1% |
| Recurring financial charges | 65 | €18,173 | €30,011 | +€11,838 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €288,157 | €163,808 | -€124,349 | -43.2% |
| Income taxes | 67/77 | €88,709 | €53,772 | -€34,937 | -39.4% |
| Profit (loss) for the period | 9904 | €199,448 | €110,036 | -€89,412 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €199,448 | €110,036 | -€89,412 | -44.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.