SIGMANET: 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.
SIGMANET
Largest movements
- Cash -€62,199
down €62,199 (-100.0%), from €62,203 to €4
mainly Net result for the year (-€97,058) and Tax, wage and social debts (-€7,727)
- Receivables within one year -€28,542
down €28,542 (-68.4%), from €41,731 to €13,190
of which Other amounts receivable: -€14,384
- Deferred charges and accrued income +€1,641
up €1,641 (+223%), from €736 to €2,377
- Profit (loss) carried forward -€97,058
down €97,058, from €7,609 to -€89,448
- Other debts +€10,977
up €10,977 (+348%), from €3,150 to €14,127
- Tax, wage and social debts -€7,727
down €7,727 (-75.8%), from €10,200 to €2,473
of which Taxes: -€4,427
- Trade debts +€3,740
up €3,740 (+65.6%), from €5,697 to €9,437
- Gross operating margin -€88,218
down €88,218, from €10,749 to -€77,469
- Financial charges +€16,953
up €16,953 (+39,619%), from €43 to €16,996
- Taxes -€2,351
down €2,351 (-94.4%), from €2,491 to €139
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 | €109,967 | €20,353 | -€89,614 | -81.5% |
| Fixed assets | 21/28 | €5,296 | €4,782 | -€515 | -9.7% |
| Tangible fixed assets | 22/27 | €5,296 | €4,782 | -€515 | -9.7% |
| Furniture and vehicles | 24 | €2,555 | €2,848 | +€293 | +11.5% |
| Other tangible fixed assets | 26 | €2,741 | €1,934 | -€808 | -29.5% |
| Current assets | 29/58 | €104,671 | €15,572 | -€89,099 | -85.1% |
| Amounts receivable within one year | 40/41 | €41,731 | €13,190 | -€28,542 | -68.4% |
| Trade receivables | 40 | €19,363 | €5,205 | -€14,158 | -73.1% |
| Other amounts receivable | 41 | €22,369 | €7,985 | -€14,384 | -64.3% |
| Cash at bank and in hand | 54/58 | €62,203 | €4 | -€62,199 | -100.0% |
| Deferred charges and accrued income | 490/1 | €736 | €2,377 | +€1,641 | +223% |
| Total equity and liabilities | 10/49 | €109,967 | €20,353 | -€89,614 | -81.5% |
| Equity | 10/15 | €90,919 | -€6,138 | -€97,058 | |
| Contributions | 10/11 | €6,450 | €6,450 | = | 0.0% |
| Reserves | 13 | €76,860 | €76,860 | = | 0.0% |
| Distributable reserves | 133 | €76,860 | €76,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,609 | -€89,448 | -€97,058 | |
| Amounts payable | 17/49 | €19,048 | €26,492 | +€7,444 | +39.1% |
| Amounts payable within one year | 42/48 | €19,048 | €26,492 | +€7,444 | +39.1% |
| Financial debts | 43 | - | €455 | +€455 | |
| Credit institutions | 430/8 | - | €455 | +€455 | |
| Trade debts | 44 | €5,697 | €9,437 | +€3,740 | +65.6% |
| Suppliers | 440/4 | €5,697 | €9,437 | +€3,740 | +65.6% |
| Taxes, remuneration and social security | 45 | €10,200 | €2,473 | -€7,727 | -75.8% |
| Taxes | 450/3 | €6,900 | €2,473 | -€4,427 | -64.2% |
| Remuneration and social security | 454/9 | €3,300 | - | -€3,300 | |
| Other amounts payable | 47/48 | €3,150 | €14,127 | +€10,977 | +348% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,914 | €2,319 | +€405 | +21.2% |
| Other operating charges | 640/8 | €334 | €348 | +€13 | +4.0% |
| Gross operating margin | 9900 | €10,749 | -€77,469 | -€88,218 | |
| Operating profit (loss) | 9901 | €8,501 | -€80,135 | -€88,637 | |
| Financial income | 75/76B | €494 | €213 | -€281 | -56.9% |
| Recurring financial income | 75 | €494 | €213 | -€281 | -56.9% |
| Financial charges | 65/66B | €43 | €16,996 | +€16,953 | +39,619% |
| Recurring financial charges | 65 | €43 | €16,996 | +€16,953 | +39,619% |
| Profit (loss) for the period before taxes | 9903 | €8,953 | -€96,918 | -€105,871 | |
| Income taxes | 67/77 | €2,491 | €139 | -€2,351 | -94.4% |
| Profit (loss) for the period | 9904 | €6,462 | -€97,058 | -€103,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,462 | -€97,058 | -€103,520 |
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 15 October 2026 via checked.be.