SIGMA DELTA CONSULTING: what changed
SIGMA DELTA CONSULTING
Largest movements
- Receivables within one year -€8,253
down €8,253 (-57.8%), from €14,284 to €6,031
of which Other amounts receivable: -€5,565
- Cash +€3,770
up €3,770 (+482%), from €783 to €4,553
mainly Other debts (+€35,249) and Receivables within one year (+€8,253)
- Tangible fixed assets -€2,805
down €2,805 (-45.1%), from €6,223 to €3,418
of which Furniture and vehicles: -€2,485
- Other debts +€35,249
up €35,249 (+174%), from €20,270 to €55,518
- Profit (loss) carried forward -€32,056
down €32,056 (-99.4%), from -€32,260 to -€64,316
- Current portion of long-term debt -€13,368
no longer reported in 2025 (was €13,368)
- Tax, wage and social debts +€1,399
new in 2025: €1,399
- Trade debts +€1,367
up €1,367 (+26.6%), from €5,134 to €6,500
- Gross operating margin -€46,977
down €46,977, from €18,542 to -€28,436
- Taxes -€7,067
no longer reported in 2025 (was €7,067)
- Depreciation -€738
down €738 (-20.8%), from €3,543 to €2,805
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,462 | €14,052 | -€7,410 | -34.5% |
| Fixed assets | 21/28 | €6,273 | €3,468 | -€2,805 | -44.7% |
| Tangible fixed assets | 22/27 | €6,223 | €3,418 | -€2,805 | -45.1% |
| Plant, machinery and equipment | 23 | €346 | €26 | -€320 | -92.5% |
| Furniture and vehicles | 24 | €5,877 | €3,392 | -€2,485 | -42.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €15,189 | €10,584 | -€4,605 | -30.3% |
| Amounts receivable within one year | 40/41 | €14,284 | €6,031 | -€8,253 | -57.8% |
| Trade receivables | 40 | €6,212 | €3,524 | -€2,688 | -43.3% |
| Other amounts receivable | 41 | €8,072 | €2,507 | -€5,565 | -68.9% |
| Cash at bank and in hand | 54/58 | €783 | €4,553 | +€3,770 | +482% |
| Deferred charges and accrued income | 490/1 | €122 | - | -€122 | |
| Total equity and liabilities | 10/49 | €21,462 | €14,052 | -€7,410 | -34.5% |
| Equity | 10/15 | -€17,310 | -€49,366 | -€32,056 | -185% |
| Contributions | 10/11 | €12,450 | €12,450 | = | 0.0% |
| Contributions outside capital | 11 | €12,450 | €12,450 | = | 0.0% |
| Other | 1109/19 | €12,450 | €12,450 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,260 | -€64,316 | -€32,056 | -99.4% |
| Amounts payable | 17/49 | €38,772 | €63,418 | +€24,646 | +63.6% |
| Amounts payable within one year | 42/48 | €38,772 | €63,418 | +€24,646 | +63.6% |
| Current portion of amounts payable after more than one year | 42 | €13,368 | - | -€13,368 | |
| Trade debts | 44 | €5,134 | €6,500 | +€1,367 | +26.6% |
| Suppliers | 440/4 | €5,134 | €6,500 | +€1,367 | +26.6% |
| Taxes, remuneration and social security | 45 | - | €1,399 | +€1,399 | |
| Taxes | 450/3 | - | €1,399 | +€1,399 | |
| Other amounts payable | 47/48 | €20,270 | €55,518 | +€35,249 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,543 | €2,805 | -€738 | -20.8% |
| Other operating charges | 640/8 | €547 | €400 | -€148 | -27.0% |
| Gross operating margin | 9900 | €18,542 | -€28,436 | -€46,977 | |
| Operating profit (loss) | 9901 | €14,451 | -€31,641 | -€46,091 | |
| Financial income | 75/76B | €20 | €23 | +€3 | +14.3% |
| Recurring financial income | 75 | €20 | €23 | +€3 | +14.3% |
| Financial charges | 65/66B | €286 | €439 | +€152 | +53.1% |
| Recurring financial charges | 65 | €286 | €439 | +€152 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | €14,184 | -€32,056 | -€46,241 | |
| Income taxes | 67/77 | €7,067 | - | -€7,067 | |
| Profit (loss) for the period | 9904 | €7,117 | -€32,056 | -€39,174 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,117 | -€32,056 | -€39,174 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.