SIGN - IT- !: 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 - IT- !
Largest movements
- Receivables within one year -€31,525
down €31,525 (-45.7%), from €68,993 to €37,469
of which Trade receivables: -€19,167
- Tangible fixed assets -€15,706
down €15,706 (-8.5%), from €184,508 to €168,803
of which Leasing and similar rights: -€8,207
- Stocks and contracts +€9,619
up €9,619 (+33.9%), from €28,384 to €38,003
- Tax, wage and social debts -€23,175
down €23,175 (-92.0%), from €25,186 to €2,010
of which Taxes: -€20,103
- Trade debts +€10,979
up €10,979 (+193%), from €5,689 to €16,668
- Debts after one year -€10,712
down €10,712 (-10.1%), from €106,534 to €95,822
- Reserves -€9,671
down €9,671 (-5.3%), from €183,458 to €173,787
- Current portion of long-term debt -€6,615
down €6,615 (-38.2%), from €17,327 to €10,712
- Gross operating margin -€34,672
down €34,672 (-47.9%), from €72,416 to €37,744
- Taxes -€9,172
down €9,172 (-65.6%), from €13,986 to €4,814
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 | €361,240 | €322,710 | -€38,530 | -10.7% |
| Fixed assets | 21/28 | €184,508 | €168,803 | -€15,706 | -8.5% |
| Tangible fixed assets | 22/27 | €184,508 | €168,803 | -€15,706 | -8.5% |
| Land and buildings | 22 | €163,256 | €156,622 | -€6,635 | -4.1% |
| Plant, machinery and equipment | 23 | €2,416 | €1,584 | -€832 | -34.4% |
| Furniture and vehicles | 24 | €32 | €0 | -€32 | -100% |
| Leasing and similar rights | 25 | €18,804 | €10,597 | -€8,207 | -43.6% |
| Current assets | 29/58 | €176,731 | €153,907 | -€22,824 | -12.9% |
| Stocks and contracts in progress | 3 | €28,384 | €38,003 | +€9,619 | +33.9% |
| Stocks | 30/36 | €28,384 | €38,003 | +€9,619 | +33.9% |
| Amounts receivable within one year | 40/41 | €68,993 | €37,469 | -€31,525 | -45.7% |
| Trade receivables | 40 | €41,418 | €22,251 | -€19,167 | -46.3% |
| Other amounts receivable | 41 | €27,575 | €15,218 | -€12,358 | -44.8% |
| Cash at bank and in hand | 54/58 | €77,436 | €76,390 | -€1,046 | -1.4% |
| Deferred charges and accrued income | 490/1 | €1,918 | €2,046 | +€128 | +6.7% |
| Total equity and liabilities | 10/49 | €361,240 | €322,710 | -€38,530 | -10.7% |
| Equity | 10/15 | €190,063 | €180,393 | -€9,671 | -5.1% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Reserves | 13 | €183,458 | €173,787 | -€9,671 | -5.3% |
| Distributable reserves | 133 | €183,458 | €173,787 | -€9,671 | -5.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €171,176 | €142,317 | -€28,859 | -16.9% |
| Amounts payable after more than one year | 17 | €106,534 | €95,822 | -€10,712 | -10.1% |
| Financial debts | 170/4 | €106,534 | €95,822 | -€10,712 | -10.1% |
| Amounts payable within one year | 42/48 | €64,642 | €46,495 | -€18,146 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €17,327 | €10,712 | -€6,615 | -38.2% |
| Trade debts | 44 | €5,689 | €16,668 | +€10,979 | +193% |
| Suppliers | 440/4 | €5,689 | €16,668 | +€10,979 | +193% |
| Taxes, remuneration and social security | 45 | €25,186 | €2,010 | -€23,175 | -92.0% |
| Taxes | 450/3 | €22,114 | €2,010 | -€20,103 | -90.9% |
| Remuneration and social security | 454/9 | €3,072 | €0 | -€3,072 | -100% |
| Other amounts payable | 47/48 | €16,440 | €17,105 | +€665 | +4.0% |
| Remuneration, social security and pensions | 62 | €680 | €314 | -€366 | -53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,725 | €21,866 | +€141 | +0.7% |
| Other operating charges | 640/8 | €628 | €1,012 | +€384 | +61.1% |
| Gross operating margin | 9900 | €72,416 | €37,744 | -€34,672 | -47.9% |
| Operating profit (loss) | 9901 | €49,383 | €14,552 | -€34,831 | -70.5% |
| Financial income | 75/76B | €926 | €633 | -€293 | -31.6% |
| Recurring financial income | 75 | €926 | €633 | -€293 | -31.6% |
| Financial charges | 65/66B | €2,267 | €2,041 | -€226 | -10.0% |
| Recurring financial charges | 65 | €2,267 | €2,041 | -€226 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €48,041 | €13,143 | -€34,898 | -72.6% |
| Income taxes | 67/77 | €13,986 | €4,814 | -€9,172 | -65.6% |
| Profit (loss) for the period | 9904 | €34,056 | €8,329 | -€25,726 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,056 | €8,329 | -€25,726 | -75.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.