Sigma Cubed: 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.
Sigma Cubed
Largest movements
- Receivables within one year +€4,427
up €4,427 (+8.5%), from €52,318 to €56,745
of which Other amounts receivable: +€2,306
- Tax, wage and social debts +€8,563
up €8,563 (+66.3%), from €12,907 to €21,469
of which Taxes: +€8,563
- Other debts -€6,302
down €6,302 (-4.1%), from €153,560 to €147,259
- Gross operating margin -€10,263
down €10,263 (-5.1%), from €201,500 to €191,236
- Taxes -€2,496
down €2,496 (-5.4%), from €45,926 to €43,430
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 | €169,337 | €171,393 | +€2,056 | +1.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,545 | €1,689 | -€856 | -33.6% |
| Tangible fixed assets | 22/27 | €1,845 | €989 | -€856 | -46.4% |
| Furniture and vehicles | 24 | €1,845 | €989 | -€856 | -46.4% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €166,792 | €169,704 | +€2,912 | +1.7% |
| Amounts receivable within one year | 40/41 | €52,318 | €56,745 | +€4,427 | +8.5% |
| Trade receivables | 40 | €47,876 | €49,997 | +€2,122 | +4.4% |
| Other amounts receivable | 41 | €4,442 | €6,748 | +€2,306 | +51.9% |
| Cash at bank and in hand | 54/58 | €114,142 | €112,638 | -€1,504 | -1.3% |
| Deferred charges and accrued income | 490/1 | €333 | €322 | -€11 | -3.3% |
| Total equity and liabilities | 10/49 | €169,337 | €171,393 | +€2,056 | +1.2% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €167,337 | €169,393 | +€2,056 | +1.2% |
| Amounts payable within one year | 42/48 | €167,337 | €169,393 | +€2,056 | +1.2% |
| Trade debts | 44 | €870 | €665 | -€205 | -23.6% |
| Suppliers | 440/4 | €870 | €665 | -€205 | -23.6% |
| Taxes, remuneration and social security | 45 | €12,907 | €21,469 | +€8,563 | +66.3% |
| Taxes | 450/3 | €10,157 | €18,719 | +€8,563 | +84.3% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €153,560 | €147,259 | -€6,302 | -4.1% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,788 | €856 | -€932 | -52.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €201,500 | €191,236 | -€10,263 | -5.1% |
| Operating profit (loss) | 9901 | €199,325 | €189,981 | -€9,344 | -4.7% |
| Financial income | 75/76B | €49 | €595 | +€546 | +1115.6% |
| Recurring financial income | 75 | €49 | €595 | +€546 | +1115.6% |
| Financial charges | 65/66B | €96 | €96 | -€0 | -0.2% |
| Recurring financial charges | 65 | €96 | €96 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €199,278 | €190,481 | -€8,797 | -4.4% |
| Income taxes | 67/77 | €45,926 | €43,430 | -€2,496 | -5.4% |
| Profit (loss) for the period | 9904 | €153,352 | €147,051 | -€6,302 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €153,352 | €147,051 | -€6,302 | -4.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.