SIGMATRON: 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.
SIGMATRON
Largest movements
- Cash +€10,746
up €10,746 (+10.9%), from €98,895 to €109,641
mainly Other debts (+€13,415) and Depreciation (+€10,434)
- Tangible fixed assets -€8,565
down €8,565 (-43.3%), from €19,797 to €11,231
of which Furniture and vehicles: -€7,593
- Receivables within one year +€1,885
up €1,885 (+9.2%), from €20,460 to €22,345
of which Trade receivables: +€2,407
- Other debts +€13,415
up €13,415 (+126.8%), from €10,577 to €23,992
- Debts after one year -€6,896
no longer reported in 2025 (was €6,896)
- Trade debts -€2,220
down €2,220 (-66.5%), from €3,339 to €1,118
- Tax, wage and social debts -€1,920
no longer reported in 2025 (was €1,920)
- Depreciation -€6,624
down €6,624 (-38.8%), from €17,059 to €10,434
- Gross operating margin +€4,567
up €4,567 (+29.4%), from €15,548 to €20,115
- Write-downs +€2,625
new in 2025: €2,625
- Financial income -€2,028
down €2,028 (-91.6%), from €2,214 to €186
of which Non-recurring financial income: -€2,072
- Financial charges +€1,152
up €1,152 (+176.2%), from €654 to €1,805
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 | €169,484 | €172,821 | +€3,337 | +2.0% |
| Fixed assets | 21/28 | €21,585 | €12,970 | -€8,615 | -39.9% |
| Tangible fixed assets | 22/27 | €19,797 | €11,231 | -€8,565 | -43.3% |
| Land and buildings | 22 | €1,061 | €380 | -€681 | -64.2% |
| Plant, machinery and equipment | 23 | €1,055 | €764 | -€291 | -27.6% |
| Furniture and vehicles | 24 | €17,680 | €10,087 | -€7,593 | -42.9% |
| Financial fixed assets | 28 | €1,788 | €1,738 | -€50 | -2.8% |
| Current assets | 29/58 | €147,899 | €159,851 | +€11,952 | +8.1% |
| Stocks and contracts in progress | 3 | €23,924 | €22,510 | -€1,414 | -5.9% |
| Stocks | 30/36 | €23,924 | €22,510 | -€1,414 | -5.9% |
| Amounts receivable within one year | 40/41 | €20,460 | €22,345 | +€1,885 | +9.2% |
| Trade receivables | 40 | €16,685 | €19,092 | +€2,407 | +14.4% |
| Other amounts receivable | 41 | €3,775 | €3,252 | -€522 | -13.8% |
| Cash at bank and in hand | 54/58 | €98,895 | €109,641 | +€10,746 | +10.9% |
| Deferred charges and accrued income | 490/1 | €4,620 | €5,355 | +€735 | +15.9% |
| Total equity and liabilities | 10/49 | €169,484 | €172,821 | +€3,337 | +2.0% |
| Equity | 10/15 | €137,975 | €138,159 | +€185 | +0.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €87,835 | €87,835 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €76,835 | €76,835 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,153 | €19,338 | +€185 | +1.0% |
| Amounts payable | 17/49 | €31,509 | €34,662 | +€3,152 | +10.0% |
| Amounts payable after more than one year | 17 | €6,896 | - | -€6,896 | |
| Financial debts | 170/4 | €6,896 | - | -€6,896 | |
| Amounts payable within one year | 42/48 | €24,550 | €33,271 | +€8,722 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | €8,714 | €8,161 | -€553 | -6.3% |
| Trade debts | 44 | €3,339 | €1,118 | -€2,220 | -66.5% |
| Suppliers | 440/4 | €3,339 | €1,118 | -€2,220 | -66.5% |
| Taxes, remuneration and social security | 45 | €1,920 | - | -€1,920 | |
| Taxes | 450/3 | €1,920 | - | -€1,920 | |
| Other amounts payable | 47/48 | €10,577 | €23,992 | +€13,415 | +126.8% |
| Accrued charges and deferred income | 492/3 | €64 | €1,390 | +€1,326 | +2079.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,059 | €10,434 | -€6,624 | -38.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,625 | +€2,625 | |
| Other operating charges | 640/8 | €1,118 | €1,252 | +€133 | +11.9% |
| Non-recurring operating charges | 66A | - | €1,352 | +€1,352 | |
| Gross operating margin | 9900 | €15,548 | €20,115 | +€4,567 | +29.4% |
| Operating profit (loss) | 9901 | -€2,630 | €4,452 | +€7,082 | |
| Financial income | 75/76B | €2,214 | €186 | -€2,028 | -91.6% |
| Recurring financial income | 75 | €143 | €186 | +€44 | +30.8% |
| Non-recurring financial income | 76B | €2,072 | - | -€2,072 | |
| Financial charges | 65/66B | €654 | €1,805 | +€1,152 | +176.2% |
| Recurring financial charges | 65 | €654 | €1,805 | +€1,152 | +176.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,069 | €2,833 | +€3,902 | |
| Income taxes | 67/77 | €1,517 | €1,816 | +€299 | +19.7% |
| Profit (loss) for the period | 9904 | -€2,585 | €1,018 | +€3,603 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,585 | €1,018 | +€3,603 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.