SIGLAM-B: 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.
SIGLAM-B
Largest movements
- Receivables within one year +€3,984
up €3,984 (+19.0%), from €20,947 to €24,931
of which Trade receivables: +€4,000
- Tax, wage and social debts -€23,615
no longer reported in 2025 (was €23,615)
- Other debts +€18,492
up €18,492 (+53.4%), from €34,600 to €53,092
- Profit (loss) carried forward +€6,525
up €6,525 (+33.4%), from -€19,545 to -€13,020
- Gross operating margin +€25,268
up €25,268, from -€13,171 to €12,097
- Depreciation -€4,872
down €4,872 (-86.2%), from €5,650 to €779
- Taxes +€3,267
new in 2025: €3,267
- Other operating charges +€905
up €905 (+203.6%), from €444 to €1,349
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 | €231,822 | €234,151 | +€2,329 | +1.0% |
| Fixed assets | 21/28 | €204,192 | €202,449 | -€1,744 | -0.9% |
| Tangible fixed assets | 22/27 | €2,752 | €1,009 | -€1,744 | -63.3% |
| Furniture and vehicles | 24 | €2,752 | €1,009 | -€1,744 | -63.3% |
| Financial fixed assets | 28 | €201,440 | €201,440 | = | 0.0% |
| Current assets | 29/58 | €27,629 | €31,702 | +€4,073 | +14.7% |
| Amounts receivable within one year | 40/41 | €20,947 | €24,931 | +€3,984 | +19.0% |
| Trade receivables | 40 | €8,000 | €12,000 | +€4,000 | +50.0% |
| Other amounts receivable | 41 | €12,947 | €12,931 | -€16 | -0.1% |
| Cash at bank and in hand | 54/58 | €6,596 | €6,684 | +€88 | +1.3% |
| Deferred charges and accrued income | 490/1 | €87 | €87 | = | 0.0% |
| Total equity and liabilities | 10/49 | €231,822 | €234,151 | +€2,329 | +1.0% |
| Equity | 10/15 | €172,022 | €178,547 | +€6,525 | +3.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €185,367 | €185,367 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €183,507 | €183,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,545 | -€13,020 | +€6,525 | +33.4% |
| Amounts payable | 17/49 | €59,800 | €55,604 | -€4,196 | -7.0% |
| Amounts payable within one year | 42/48 | €59,800 | €55,604 | -€4,196 | -7.0% |
| Trade debts | 44 | €1,585 | €2,512 | +€927 | +58.5% |
| Suppliers | 440/4 | €1,585 | €2,512 | +€927 | +58.5% |
| Taxes, remuneration and social security | 45 | €23,615 | - | -€23,615 | |
| Taxes | 450/3 | €23,615 | - | -€23,615 | |
| Other amounts payable | 47/48 | €34,600 | €53,092 | +€18,492 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,650 | €779 | -€4,872 | -86.2% |
| Other operating charges | 640/8 | €444 | €1,349 | +€905 | +203.6% |
| Gross operating margin | 9900 | -€13,171 | €12,097 | +€25,268 | |
| Operating profit (loss) | 9901 | -€19,265 | €9,970 | +€29,235 | |
| Financial charges | 65/66B | €280 | €178 | -€102 | -36.4% |
| Recurring financial charges | 65 | €280 | €178 | -€102 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | -€19,545 | €9,792 | +€29,337 | |
| Income taxes | 67/77 | - | €3,267 | +€3,267 | |
| Profit (loss) for the period | 9904 | -€19,545 | €6,525 | +€26,070 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,545 | €6,525 | +€26,070 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.