SIGLI: 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.
SIGLI
Largest movements
- Cash -€3,407
down €3,407 (-20.9%), from €16,308 to €12,901
mainly Net result for the year (-€2,882) and Investment in fixed assets (net) (-€1,666)
- Tangible fixed assets +€1,086
up €1,086 (+144.7%), from €751 to €1,837
- Deferred charges and accrued income -€287
no longer reported in 2025 (was €287)
- Profit (loss) carried forward -€2,882
down €2,882 (-17.3%), from -€16,635 to -€19,517
- Tax, wage and social debts +€485
up €485 (+41.8%), from €1,160 to €1,645
- Trade debts -€287
no longer reported in 2025 (was €287)
- Depreciation -€703
down €703 (-54.8%), from €1,283 to €579
- Gross operating margin +€630
up €630 (+27.2%), from -€2,313 to -€1,684
- Other operating charges +€39
up €39 (+7.2%), from €544 to €584
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 | €22,296 | €19,689 | -€2,608 | -11.7% |
| Fixed assets | 21/28 | €751 | €1,837 | +€1,086 | +144.7% |
| Tangible fixed assets | 22/27 | €751 | €1,837 | +€1,086 | +144.7% |
| Furniture and vehicles | 24 | €751 | €1,837 | +€1,086 | +144.7% |
| Current assets | 29/58 | €21,545 | €17,851 | -€3,694 | -17.1% |
| Amounts receivable within one year | 40/41 | €4,951 | €4,951 | = | 0.0% |
| Trade receivables | 40 | €4,807 | €4,807 | = | 0.0% |
| Other amounts receivable | 41 | €144 | €144 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,308 | €12,901 | -€3,407 | -20.9% |
| Deferred charges and accrued income | 490/1 | €287 | - | -€287 | |
| Total equity and liabilities | 10/49 | €22,296 | €19,689 | -€2,608 | -11.7% |
| Equity | 10/15 | €20,850 | €17,968 | -€2,882 | -13.8% |
| Contributions | 10/11 | €34,000 | €34,000 | = | 0.0% |
| Reserves | 13 | €3,485 | €3,485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Distributable reserves | 133 | €1,502 | €1,502 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,635 | -€19,517 | -€2,882 | -17.3% |
| Amounts payable | 17/49 | €1,446 | €1,721 | +€275 | +19.0% |
| Amounts payable within one year | 42/48 | €1,446 | €1,721 | +€275 | +19.0% |
| Financial debts | 43 | - | €76 | +€76 | |
| Credit institutions | 430/8 | - | €76 | +€76 | |
| Trade debts | 44 | €287 | - | -€287 | |
| Suppliers | 440/4 | €287 | - | -€287 | |
| Taxes, remuneration and social security | 45 | €1,160 | €1,645 | +€485 | +41.8% |
| Taxes | 450/3 | €1,160 | €1,645 | +€485 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,283 | €579 | -€703 | -54.8% |
| Other operating charges | 640/8 | €544 | €584 | +€39 | +7.2% |
| Gross operating margin | 9900 | -€2,313 | -€1,684 | +€630 | +27.2% |
| Operating profit (loss) | 9901 | -€4,140 | -€2,847 | +€1,294 | +31.2% |
| Financial income | 75/76B | €0 | €5 | +€5 | +1900.0% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +1900.0% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,179 | -€2,882 | +€1,297 | +31.0% |
| Profit (loss) for the period | 9904 | -€4,179 | -€2,882 | +€1,297 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,179 | -€2,882 | +€1,297 | +31.0% |
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 11 October 2026 via checked.be.