SIGMAX: 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.
SIGMAX
Largest movements
- Receivables within one year +€16,073
up €16,073 (+11.8%), from €136,717 to €152,790
of which Other amounts receivable: +€16,073
- Cash -€13,764
down €13,764 (-69.1%), from €19,914 to €6,151
mainly Receivables within one year (-€16,073) and Tax, wage and social debts (-€15,492)
- Profit (loss) carried forward +€26,208
up €26,208 (+40.9%), from €64,092 to €90,299
- Tax, wage and social debts -€15,492
down €15,492 (-70.3%), from €22,023 to €6,530
of which Taxes: -€15,077
- Accrued charges and deferred income -€11,708
down €11,708 (-26.5%), from €44,218 to €32,510
- Trade debts +€3,307
up €3,307 (+42.6%), from €7,754 to €11,061
- Staff costs -€65,184
down €65,184 (-22.8%), from €285,657 to €220,474
- Gross operating margin -€40,462
down €40,462 (-13.4%), from €301,434 to €260,972
- Taxes +€12,646
up €12,646 (+304.6%), from €4,152 to €16,798
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 | €156,636 | €158,951 | +€2,315 | +1.5% |
| Current assets | 29/58 | €156,636 | €158,951 | +€2,315 | +1.5% |
| Amounts receivable within one year | 40/41 | €136,717 | €152,790 | +€16,073 | +11.8% |
| Trade receivables | 40 | €1,260 | €1,260 | = | 0.0% |
| Other amounts receivable | 41 | €135,457 | €151,530 | +€16,073 | +11.9% |
| Cash at bank and in hand | 54/58 | €19,914 | €6,151 | -€13,764 | -69.1% |
| Deferred charges and accrued income | 490/1 | €5 | €10 | +€5 | +100.0% |
| Total equity and liabilities | 10/49 | €156,636 | €158,951 | +€2,315 | +1.5% |
| Equity | 10/15 | €82,642 | €108,849 | +€26,208 | +31.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,092 | €90,299 | +€26,208 | +40.9% |
| Amounts payable | 17/49 | €73,994 | €50,101 | -€23,893 | -32.3% |
| Amounts payable within one year | 42/48 | €29,777 | €17,591 | -€12,185 | -40.9% |
| Trade debts | 44 | €7,754 | €11,061 | +€3,307 | +42.6% |
| Suppliers | 440/4 | €7,754 | €11,061 | +€3,307 | +42.6% |
| Taxes, remuneration and social security | 45 | €22,023 | €6,530 | -€15,492 | -70.3% |
| Taxes | 450/3 | €15,077 | €0 | -€15,077 | -100.0% |
| Remuneration and social security | 454/9 | €6,946 | €6,530 | -€415 | -6.0% |
| Accrued charges and deferred income | 492/3 | €44,218 | €32,510 | -€11,708 | -26.5% |
| Remuneration, social security and pensions | 62 | €285,657 | €220,474 | -€65,184 | -22.8% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €301,434 | €260,972 | -€40,462 | -13.4% |
| Operating profit (loss) | 9901 | €15,777 | €40,498 | +€24,721 | +156.7% |
| Financial income | 75/76B | €3,251 | €3,189 | -€62 | -1.9% |
| Recurring financial income | 75 | €3,251 | €3,189 | -€62 | -1.9% |
| Financial charges | 65/66B | €549 | €682 | +€132 | +24.1% |
| Recurring financial charges | 65 | €549 | €682 | +€132 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €18,479 | €43,005 | +€24,527 | +132.7% |
| Income taxes | 67/77 | €4,152 | €16,798 | +€12,646 | +304.6% |
| Profit (loss) for the period | 9904 | €14,326 | €26,208 | +€11,881 | +82.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,326 | €26,208 | +€11,881 | +82.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.