Sign Group: 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.
Sign Group
Largest movements
- Intangible fixed assets -€110,000
down €110,000 (-25.0%), from €440,000 to €330,000
- Cash +€58,763
up €58,763 (+64.4%), from €91,225 to €149,988
mainly Depreciation (+€128,750) and Net result for the year (+€24,244)
- Receivables within one year +€26,438
up €26,438 (+142%), from €18,595 to €45,033
of which Trade receivables: +€26,438
- Tangible fixed assets -€18,750
down €18,750 (-100%), from €18,750 to €0
of which Furniture and vehicles: -€15,000
- Debts after one year -€98,067
down €98,067 (-21.7%), from €451,006 to €352,939
- Reserves +€24,244
up €24,244 (+583%), from €4,161 to €28,405
- Trade debts +€14,739
up €14,739 (+139%), from €10,602 to €25,341
- Tax, wage and social debts +€11,021
up €11,021 (+129%), from €8,548 to €19,569
of which Taxes: +€11,021
- Gross operating margin +€12,014
up €12,014 (+7.1%), from €169,077 to €181,091
- Financial charges -€10,571
down €10,571 (-36.2%), from €29,215 to €18,644
- Taxes +€4,800
up €4,800 (+240%), from €1,999 to €6,799
- Depreciation -€2,006
down €2,006 (-1.5%), from €130,756 to €128,750
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 | €573,570 | €530,021 | -€43,549 | -7.6% |
| Fixed assets | 21/28 | €458,750 | €330,000 | -€128,750 | -28.1% |
| Intangible fixed assets | 21 | €440,000 | €330,000 | -€110,000 | -25.0% |
| Tangible fixed assets | 22/27 | €18,750 | €0 | -€18,750 | -100% |
| Plant, machinery and equipment | 23 | €3,750 | €0 | -€3,750 | -100% |
| Furniture and vehicles | 24 | €15,000 | €0 | -€15,000 | -100% |
| Current assets | 29/58 | €114,820 | €200,021 | +€85,201 | +74.2% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,595 | €45,033 | +€26,438 | +142% |
| Trade receivables | 40 | €18,507 | €44,945 | +€26,438 | +143% |
| Other amounts receivable | 41 | €88 | €88 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €91,225 | €149,988 | +€58,763 | +64.4% |
| Total equity and liabilities | 10/49 | €573,570 | €530,021 | -€43,549 | -7.6% |
| Equity | 10/15 | €6,161 | €30,405 | +€24,244 | +394% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,161 | €28,405 | +€24,244 | +583% |
| Distributable reserves | 133 | €4,161 | €28,405 | +€24,244 | +583% |
| Amounts payable | 17/49 | €567,409 | €499,616 | -€67,793 | -11.9% |
| Amounts payable after more than one year | 17 | €451,006 | €352,939 | -€98,067 | -21.7% |
| Financial debts | 170/4 | €451,006 | €352,939 | -€98,067 | -21.7% |
| Amounts payable within one year | 42/48 | €116,403 | €146,678 | +€30,274 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €93,986 | €98,067 | +€4,081 | +4.3% |
| Trade debts | 44 | €10,602 | €25,341 | +€14,739 | +139% |
| Suppliers | 440/4 | €10,602 | €25,341 | +€14,739 | +139% |
| Taxes, remuneration and social security | 45 | €8,548 | €19,569 | +€11,021 | +129% |
| Taxes | 450/3 | €6,698 | €17,719 | +€11,021 | +165% |
| Remuneration and social security | 454/9 | €1,850 | €1,850 | = | 0.0% |
| Other amounts payable | 47/48 | €3,267 | €3,700 | +€433 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,756 | €128,750 | -€2,006 | -1.5% |
| Other operating charges | 640/8 | €3,352 | €2,675 | -€678 | -20.2% |
| Gross operating margin | 9900 | €169,077 | €181,091 | +€12,014 | +7.1% |
| Operating profit (loss) | 9901 | €34,968 | €49,666 | +€14,698 | +42.0% |
| Financial income | 75/76B | €407 | €21 | -€385 | -94.8% |
| Recurring financial income | 75 | €407 | €21 | -€385 | -94.8% |
| Financial charges | 65/66B | €29,215 | €18,644 | -€10,571 | -36.2% |
| Recurring financial charges | 65 | €29,215 | €18,644 | -€10,571 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €6,160 | €31,043 | +€24,883 | +404% |
| Income taxes | 67/77 | €1,999 | €6,799 | +€4,800 | +240% |
| Profit (loss) for the period | 9904 | €4,161 | €24,244 | +€20,083 | +483% |
| Profit (loss) for the period to be appropriated | 9905 | €4,161 | €24,244 | +€20,083 | +483% |
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 21 October 2026 via checked.be.