SIGMADENT: 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.
SIGMADENT
Largest movements
- Cash -€31,794
down €31,794 (-29.0%), from €109,804 to €78,010
mainly Contributions, distributions and other (-€32,942) and Receivables within one year (-€30,745)
- Receivables within one year +€30,745
up €30,745 (+137%), from €22,381 to €53,126
of which Other amounts receivable: +€29,845
- Tangible fixed assets -€15,143
down €15,143 (-39.0%), from €38,788 to €23,645
of which Plant, machinery and equipment: -€9,240
- Reserves -€12,578
down €12,578 (-13.5%), from €93,045 to €80,467
of which Distributable reserves: -€12,578
- Trade debts -€10,022
down €10,022 (-27.7%), from €36,173 to €26,151
- Tax, wage and social debts +€9,755
up €9,755 (+204%), from €4,786 to €14,541
of which Taxes: +€9,019
- Current portion of long-term debt -€2,696
down €2,696 (-66.1%), from €4,082 to €1,386
- Gross operating margin -€15,210
down €15,210 (-17.9%), from €84,812 to €69,601
- Staff costs +€6,006
up €6,006 (+35.4%), from €16,973 to €22,979
- Taxes -€5,937
down €5,937 (-37.6%), from €15,793 to €9,857
- Depreciation +€882
up €882 (+6.2%), from €14,261 to €15,143
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.
Derived cash bridge
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 | €173,907 | €156,981 | -€16,926 | -9.7% |
| Fixed assets | 21/28 | €38,788 | €23,645 | -€15,143 | -39.0% |
| Tangible fixed assets | 22/27 | €38,788 | €23,645 | -€15,143 | -39.0% |
| Plant, machinery and equipment | 23 | €21,743 | €12,503 | -€9,240 | -42.5% |
| Furniture and vehicles | 24 | €4,912 | €987 | -€3,926 | -79.9% |
| Other tangible fixed assets | 26 | €12,132 | €10,156 | -€1,977 | -16.3% |
| Current assets | 29/58 | €135,119 | €133,335 | -€1,784 | -1.3% |
| Stocks and contracts in progress | 3 | €2,200 | €2,200 | = | 0.0% |
| Stocks | 30/36 | €2,200 | €2,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,381 | €53,126 | +€30,745 | +137% |
| Trade receivables | 40 | €17,874 | €18,774 | +€900 | +5.0% |
| Other amounts receivable | 41 | €4,507 | €34,352 | +€29,845 | +662% |
| Cash at bank and in hand | 54/58 | €109,804 | €78,010 | -€31,794 | -29.0% |
| Deferred charges and accrued income | 490/1 | €734 | €0 | -€734 | -100% |
| Total equity and liabilities | 10/49 | €173,907 | €156,981 | -€16,926 | -9.7% |
| Equity | 10/15 | €107,480 | €94,903 | -€12,578 | -11.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €93,045 | €80,467 | -€12,578 | -13.5% |
| Non-distributable reserves | 130/1 | €976 | €976 | = | 0.0% |
| Reserves not available under the articles | 1311 | €976 | €976 | = | 0.0% |
| Distributable reserves | 133 | €92,070 | €79,492 | -€12,578 | -13.7% |
| Profit (loss) carried forward | 14 | €2,035 | €2,035 | = | 0.0% |
| Amounts payable | 17/49 | €66,426 | €62,078 | -€4,349 | -6.5% |
| Amounts payable after more than one year | 17 | €1,386 | €0 | -€1,386 | -100% |
| Financial debts | 170/4 | €1,386 | €0 | -€1,386 | -100% |
| Amounts payable within one year | 42/48 | €65,041 | €62,078 | -€2,963 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €4,082 | €1,386 | -€2,696 | -66.1% |
| Trade debts | 44 | €36,173 | €26,151 | -€10,022 | -27.7% |
| Suppliers | 440/4 | €36,173 | €26,151 | -€10,022 | -27.7% |
| Taxes, remuneration and social security | 45 | €4,786 | €14,541 | +€9,755 | +204% |
| Taxes | 450/3 | €2,602 | €11,621 | +€9,019 | +347% |
| Remuneration and social security | 454/9 | €2,184 | €2,920 | +€736 | +33.7% |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €16,973 | €22,979 | +€6,006 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,261 | €15,143 | +€882 | +6.2% |
| Other operating charges | 640/8 | €654 | €672 | +€18 | +2.7% |
| Gross operating margin | 9900 | €84,812 | €69,601 | -€15,210 | -17.9% |
| Operating profit (loss) | 9901 | €52,925 | €30,808 | -€22,116 | -41.8% |
| Financial income | 75/76B | €13 | €0 | -€13 | -100% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100% |
| Financial charges | 65/66B | €695 | €588 | -€107 | -15.4% |
| Recurring financial charges | 65 | €695 | €588 | -€107 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €52,243 | €30,221 | -€22,022 | -42.2% |
| Income taxes | 67/77 | €15,793 | €9,857 | -€5,937 | -37.6% |
| Profit (loss) for the period | 9904 | €36,450 | €20,364 | -€16,086 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,450 | €20,364 | -€16,086 | -44.1% |
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 21 October 2026 via checked.be.