SIGMA CONSO: 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.
What changed
SIGMA CONSO
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.3m
2024 · €1.5m+€860,447
Equity
€4.4m
2024 · €2.1m+€2.3m
Cash
€946,162
2024 · €2.6m-€1.7m
Balance sheet total
€9.7m
2024 · €8.9m+€823,677
Largest movements
Assets
- Receivables within one year +€2.4m
up €2.4m (+101.8%), from €2.3m to €4.7m
of which Other amounts receivable: +€2.5m
- Cash -€1.7m
down €1.7m (-64.2%), from €2.6m to €946,162
mainly Receivables within one year (-€2.4m) and Debts after one year (-€1.1m)
- Financial fixed assets +€200,398
up €200,398 (+5.4%), from €3.7m to €3.9m
Equity and liabilities
- Profit (loss) carried forward +€2.3m
up €2.3m (+141.3%), from €1.7m to €4.0m
- Debts after one year -€1.1m
down €1.1m (-38.4%), from €2.9m to €1.8m
of which Financial debts: -€2.9m
- Accrued charges and deferred income -€499,088
down €499,088 (-17.2%), from €2.9m to €2.4m
Income statement
- Financial charges -€2.5m
down €2.5m (-89.9%), from €2.8m to €281,479
of which Non-recurring financial charges: -€2.4m
- Services and other goods +€2.1m
up €2.1m (+48.4%), from €4.3m to €6.3m
- Turnover +€809,254
up €809,254 (+9.5%), from €8.6m to €9.4m
- Financial income -€417,786
down €417,786 (-19.7%), from €2.1m to €1.7m
- Taxes +€230,238
up €230,238 (+216.5%), from €106,348 to €336,585
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.
Result 2024
€1.5m
Turnover
+€809,254
Other operating income
-€5,066
Services and other goods
-€2.1m
Staff costs
+€156,510
Depreciation
+€10,541
Write-downs
+€69,709
Other operating charges
-€11,386
Other operating items
+€41,214
Financial income
-€417,786
Financial charges
+€2.5m
Taxes
-€230,238
Result 2025
€2.3m
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.
From operations
-€394,981
Investment
-€200,398
Financing
-€1.1m
Cash 2024
€2.6m
From operations (derived)
-€394,981
Net result for the year
+€2.3m
Depreciation
+€26,614
Receivables within one year
-€2.4m
Deferred charges and accrued income
+€17,523
Trade debts
+€73,089
Tax, wage and social debts
+€3,976
Accrued charges and deferred income
-€499,088
Investment (derived)
-€200,398
Investment in fixed assets (net)
-€200,398
Financing
-€1.1m
Debts after one year
-€1.1m
Cash 2025
€946,162
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,886,721 | €9,710,397 | +€823,677 | +9.3% |
| Fixed assets | 21/28 | €3,797,884 | €3,971,667 | +€173,784 | +4.6% |
| Intangible fixed assets | 21 | €48,541 | €37,452 | -€11,089 | -22.8% |
| Tangible fixed assets | 22/27 | €21,804 | €6,279 | -€15,526 | -71.2% |
| Furniture and vehicles | 24 | €21,804 | €6,279 | -€15,526 | -71.2% |
| Financial fixed assets | 28 | €3,727,539 | €3,927,937 | +€200,398 | +5.4% |
| Affiliated companies | 280/1 | €3,727,539 | €3,927,937 | +€200,398 | +5.4% |
| Participating interests | 280 | €1,049,110 | €531,000 | -€518,110 | -49.4% |
| Amounts receivable | 281 | €2,678,428 | €3,396,937 | +€718,508 | +26.8% |
| Current assets | 29/58 | €5,088,837 | €5,738,730 | +€649,893 | +12.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,321,542 | €4,684,337 | +€2.4m | +101.8% |
| Trade receivables | 40 | €1,296,987 | €1,200,894 | -€96,093 | -7.4% |
| Other amounts receivable | 41 | €1,024,555 | €3,483,443 | +€2.5m | +240.0% |
| Cash at bank and in hand | 54/58 | €2,641,541 | €946,162 | -€1.7m | -64.2% |
| Deferred charges and accrued income | 490/1 | €125,754 | €108,232 | -€17,523 | -13.9% |
| Total equity and liabilities | 10/49 | €8,886,721 | €9,710,397 | +€823,677 | +9.3% |
| Equity | 10/15 | €2,075,765 | €4,421,465 | +€2.3m | +113.0% |
| Contributions | 10/11 | €360,348 | €360,348 | = | 0.0% |
| Reserves | 13 | €54,785 | €54,785 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €36,035 | €36,035 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,660,632 | €4,006,332 | +€2.3m | +141.3% |
| Amounts payable | 17/49 | €6,810,955 | €5,288,932 | -€1.5m | -22.3% |
| Amounts payable after more than one year | 17 | €2,863,076 | €1,763,076 | -€1.1m | -38.4% |
| Financial debts | 170/4 | €2,863,076 | - | -€2.9m | |
| Other loans | 174 | €2,863,076 | - | -€2.9m | |
| Other amounts payable | 178/9 | - | €1,763,076 | +€1.8m | |
| Amounts payable within one year | 42/48 | €1,052,826 | €1,129,892 | +€77,065 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €684,647 | €757,736 | +€73,089 | +10.7% |
| Suppliers | 440/4 | €684,647 | €757,736 | +€73,089 | +10.7% |
| Taxes, remuneration and social security | 45 | €368,180 | €372,156 | +€3,976 | +1.1% |
| Taxes | 450/3 | €158,201 | €91,286 | -€66,914 | -42.3% |
| Remuneration and social security | 454/9 | €209,979 | €280,869 | +€70,890 | +33.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,895,052 | €2,395,964 | -€499,088 | -17.2% |
| Operating income | 70/76A | €8,557,441 | €9,361,629 | +€804,188 | +9.4% |
| Turnover | 70 | €8,552,375 | €9,361,629 | +€809,254 | +9.5% |
| Other operating income | 74 | €5,066 | €0 | -€5,066 | -100.0% |
| Operating charges | 60/66A | €6,300,117 | €8,100,519 | +€1.8m | +28.6% |
| Services and other goods | 61 | €4,268,360 | €6,335,351 | +€2.1m | +48.4% |
| Remuneration, social security and pensions | 62 | €1,888,443 | €1,731,932 | -€156,510 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,156 | €26,614 | -€10,541 | -28.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €60,273 | -€9,436 | -€69,709 | |
| Other operating charges | 640/8 | €4,672 | €16,058 | +€11,386 | +243.7% |
| Non-recurring operating charges | 66A | €41,214 | €0 | -€41,214 | -100.0% |
| Operating profit (loss) | 9901 | €2,257,325 | €1,261,110 | -€996,214 | -44.1% |
| Financial income | 75/76B | €2,120,440 | €1,702,654 | -€417,786 | -19.7% |
| Recurring financial income | 75 | €2,120,440 | €1,702,654 | -€417,786 | -19.7% |
| Income from financial fixed assets | 750 | €2,120,440 | €1,692,290 | -€428,150 | -20.2% |
| Income from current assets | 751 | - | €9,323 | +€9,323 | |
| Other financial income | 752/9 | €0 | €1,042 | +€1,042 | |
| Financial charges | 65/66B | €2,786,164 | €281,479 | -€2.5m | -89.9% |
| Recurring financial charges | 65 | €319,406 | €192,141 | -€127,265 | -39.8% |
| Debt charges | 650 | €290,553 | €182,182 | -€108,371 | -37.3% |
| Other financial charges | 652/9 | €28,853 | €9,959 | -€18,894 | -65.5% |
| Non-recurring financial charges | 66B | €2,466,758 | €89,338 | -€2.4m | -96.4% |
| Profit (loss) for the period before taxes | 9903 | €1,591,601 | €2,682,285 | +€1.1m | +68.5% |
| Income taxes | 67/77 | €106,348 | €336,585 | +€230,238 | +216.5% |
| Taxes | 670/3 | €106,348 | €336,585 | +€230,238 | +216.5% |
| Profit (loss) for the period | 9904 | €1,485,253 | €2,345,700 | +€860,447 | +57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,485,253 | €2,345,700 | +€860,447 | +57.9% |
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.