SIGN D-SIGN: what changed
SIGN D-SIGN
Largest movements
- Receivables within one year +€103,262
up €103,262 (+366%), from €28,224 to €131,486
of which Other amounts receivable: +€80,704
- Current investments -€55,330
down €55,330 (-22.7%), from €243,221 to €187,891
- Tangible fixed assets -€8,749
down €8,749 (-38.5%), from €22,710 to €13,961
of which Furniture and vehicles: -€4,467
- Cash +€5,319
up €5,319 (+113%), from €4,702 to €10,021
mainly Net result for the year (+€56,941) and Current investments (+€55,330)
- Reserves +€56,941
up €56,941 (+21.2%), from €269,030 to €325,971
of which Distributable reserves: +€56,941
- Tax, wage and social debts -€11,856
down €11,856 (-45.5%), from €26,038 to €14,181
- Gross operating margin -€4,973
down €4,973 (-5.5%), from €90,988 to €86,015
- Depreciation -€4,685
down €4,685 (-34.9%), from €13,434 to €8,749
- Financial income +€2,652
up €2,652 (+195%), from €1,358 to €4,009
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,267 | €343,359 | +€43,093 | +14.4% |
| Fixed assets | 21/28 | €22,710 | €13,961 | -€8,749 | -38.5% |
| Tangible fixed assets | 22/27 | €22,710 | €13,961 | -€8,749 | -38.5% |
| Plant, machinery and equipment | 23 | €7,028 | €4,736 | -€2,292 | -32.6% |
| Furniture and vehicles | 24 | €10,814 | €6,347 | -€4,467 | -41.3% |
| Other tangible fixed assets | 26 | €4,868 | €2,878 | -€1,990 | -40.9% |
| Current assets | 29/58 | €277,556 | €329,398 | +€51,842 | +18.7% |
| Amounts receivable within one year | 40/41 | €28,224 | €131,486 | +€103,262 | +366% |
| Trade receivables | 40 | €17,115 | €39,674 | +€22,558 | +132% |
| Other amounts receivable | 41 | €11,109 | €91,813 | +€80,704 | +726% |
| Current investments | 50/53 | €243,221 | €187,891 | -€55,330 | -22.7% |
| Cash at bank and in hand | 54/58 | €4,702 | €10,021 | +€5,319 | +113% |
| Deferred charges and accrued income | 490/1 | €1,409 | - | -€1,409 | |
| Total equity and liabilities | 10/49 | €300,267 | €343,359 | +€43,093 | +14.4% |
| Equity | 10/15 | €269,530 | €326,471 | +€56,941 | +21.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Contributions outside capital | 11 | €500 | €500 | = | 0.0% |
| Other | 1109/19 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €269,030 | €325,971 | +€56,941 | +21.2% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €268,980 | €325,921 | +€56,941 | +21.2% |
| Amounts payable | 17/49 | €30,737 | €16,889 | -€13,848 | -45.1% |
| Amounts payable within one year | 42/48 | €30,737 | €16,889 | -€13,848 | -45.1% |
| Current portion of amounts payable after more than one year | 42 | €3,157 | - | -€3,157 | |
| Trade debts | 44 | €1,542 | €2,707 | +€1,166 | +75.6% |
| Suppliers | 440/4 | €1,542 | €2,707 | +€1,166 | +75.6% |
| Taxes, remuneration and social security | 45 | €26,038 | €14,181 | -€11,856 | -45.5% |
| Taxes | 450/3 | €26,038 | €14,181 | -€11,856 | -45.5% |
| Remuneration, social security and pensions | 62 | €120 | €682 | +€562 | +468% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,434 | €8,749 | -€4,685 | -34.9% |
| Other operating charges | 640/8 | €1,154 | €933 | -€222 | -19.2% |
| Gross operating margin | 9900 | €90,988 | €86,015 | -€4,973 | -5.5% |
| Operating profit (loss) | 9901 | €76,280 | €75,651 | -€629 | -0.8% |
| Financial income | 75/76B | €1,358 | €4,009 | +€2,652 | +195% |
| Recurring financial income | 75 | €1,358 | €4,009 | +€2,652 | +195% |
| Financial charges | 65/66B | €386 | €39 | -€347 | -89.8% |
| Recurring financial charges | 65 | €386 | €39 | -€347 | -89.8% |
| Profit (loss) for the period before taxes | 9903 | €77,251 | €79,621 | +€2,369 | +3.1% |
| Income taxes | 67/77 | €21,804 | €22,680 | +€876 | +4.0% |
| Profit (loss) for the period | 9904 | €55,448 | €56,941 | +€1,493 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,448 | €56,941 | +€1,493 | +2.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.