SIGMETAL: 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.
SIGMETAL
Largest movements
- Receivables within one year +€1.9m
up €1.9m (+49.5%), from €3.9m to €5.8m
of which Trade receivables: +€1.5m
- Trade debts +€3.0m
up €3.0m (+2,582%), from €116,847 to €3.1m
- Other debts -€1.1m
down €1.1m (-32.6%), from €3.4m to €2.3m
- Gross operating margin +€161,511
up €161,511 (+26.6%), from €608,091 to €769,602
- Other operating charges +€144,821
up €144,821 (+32.7%), from €443,548 to €588,369
- Write-downs +€19,693
up €19,693, from -€6,413 to €13,280
- Financial charges -€7,926
down €7,926 (-4.8%), from €163,925 to €155,999
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,864,820 | €5,779,062 | +€1.9m | +49.5% |
| Current assets | 29/58 | €3,864,820 | €5,779,062 | +€1.9m | +49.5% |
| Amounts receivable within one year | 40/41 | €3,864,820 | €5,779,062 | +€1.9m | +49.5% |
| Trade receivables | 40 | €230,745 | €1,728,509 | +€1.5m | +649% |
| Other amounts receivable | 41 | €3,634,075 | €4,050,553 | +€416,478 | +11.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,864,820 | €5,779,062 | +€1.9m | +49.5% |
| Equity | 10/15 | €328,612 | €337,376 | +€8,764 | +2.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €267,112 | €275,876 | +€8,764 | +3.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €260,962 | €269,726 | +€8,764 | +3.4% |
| Amounts payable | 17/49 | €3,536,208 | €5,441,686 | +€1.9m | +53.9% |
| Amounts payable within one year | 42/48 | €3,536,208 | €5,441,686 | +€1.9m | +53.9% |
| Trade debts | 44 | €116,847 | €3,134,048 | +€3.0m | +2,582% |
| Suppliers | 440/4 | €116,847 | €3,134,048 | +€3.0m | +2,582% |
| Taxes, remuneration and social security | 45 | €1,984 | €5,174 | +€3,190 | +161% |
| Taxes | 450/3 | €1,984 | €5,174 | +€3,190 | +161% |
| Other amounts payable | 47/48 | €3,417,377 | €2,302,464 | -€1.1m | -32.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,413 | €13,280 | +€19,693 | |
| Other operating charges | 640/8 | €443,548 | €588,369 | +€144,821 | +32.7% |
| Gross operating margin | 9900 | €608,091 | €769,602 | +€161,511 | +26.6% |
| Operating profit (loss) | 9901 | €170,956 | €167,953 | -€3,003 | -1.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.8% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.8% |
| Financial charges | 65/66B | €163,925 | €155,999 | -€7,926 | -4.8% |
| Recurring financial charges | 65 | €163,925 | €155,999 | -€7,926 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €7,032 | €11,954 | +€4,922 | +70.0% |
| Income taxes | 67/77 | €1,916 | €3,190 | +€1,274 | +66.5% |
| Profit (loss) for the period | 9904 | €5,116 | €8,764 | +€3,648 | +71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,116 | €8,764 | +€3,648 | +71.3% |
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 19 October 2026 via checked.be.