SIGN PLUS: 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 PLUS
Largest movements
- Tangible fixed assets +€34,392
up €34,392 (+84.2%), from €40,857 to €75,250
of which Furniture and vehicles: +€37,036
- Receivables within one year +€11,259
up €11,259 (+28.7%), from €39,169 to €50,428
of which Trade receivables: +€14,319
- Cash +€6,674
up €6,674 (+8.9%), from €75,075 to €81,749
mainly Net result for the year (+€77,405) and Other debts (+€32,567)
- Financial fixed assets -€3,300
down €3,300 (-93.6%), from €3,525 to €225
- Deferred charges and accrued income -€2,507
down €2,507 (-95.0%), from €2,638 to €131
- Other debts +€32,567
up €32,567 (+6,020%), from €541 to €33,108
- Tax, wage and social debts +€11,220
up €11,220 (+30.5%), from €36,751 to €47,971
of which Taxes: +€13,298
- Debts after one year +€8,453
up €8,453 (+256%), from €3,300 to €11,753
- Current portion of long-term debt -€6,793
down €6,793 (-30.8%), from €22,073 to €15,280
- Reserves -€3,314
down €3,314 (-6.4%), from €52,173 to €48,859
of which Distributable reserves: -€3,314
- Gross operating margin +€44,869
up €44,869 (+24.8%), from €180,758 to €225,627
- Taxes +€12,090
up €12,090 (+74.5%), from €16,232 to €28,322
- Depreciation +€3,008
up €3,008 (+26.7%), from €11,253 to €14,261
- Staff costs +€2,444
up €2,444 (+2.4%), from €101,962 to €104,406
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 | €164,908 | €210,014 | +€45,105 | +27.4% |
| Fixed assets | 21/28 | €48,027 | €77,705 | +€29,679 | +61.8% |
| Intangible fixed assets | 21 | €3,644 | €2,231 | -€1,414 | -38.8% |
| Tangible fixed assets | 22/27 | €40,857 | €75,250 | +€34,392 | +84.2% |
| Land and buildings | 22 | €20,180 | €18,550 | -€1,630 | -8.1% |
| Furniture and vehicles | 24 | €10,427 | €47,464 | +€37,036 | +355% |
| Other tangible fixed assets | 26 | €10,250 | €9,236 | -€1,014 | -9.9% |
| Financial fixed assets | 28 | €3,525 | €225 | -€3,300 | -93.6% |
| Current assets | 29/58 | €116,882 | €132,308 | +€15,426 | +13.2% |
| Amounts receivable within one year | 40/41 | €39,169 | €50,428 | +€11,259 | +28.7% |
| Trade receivables | 40 | €36,109 | €50,428 | +€14,319 | +39.7% |
| Other amounts receivable | 41 | €3,060 | - | -€3,060 | |
| Cash at bank and in hand | 54/58 | €75,075 | €81,749 | +€6,674 | +8.9% |
| Deferred charges and accrued income | 490/1 | €2,638 | €131 | -€2,507 | -95.0% |
| Total equity and liabilities | 10/49 | €164,908 | €210,014 | +€45,105 | +27.4% |
| Equity | 10/15 | €90,765 | €87,451 | -€3,314 | -3.7% |
| Contributions | 10/11 | €38,592 | €38,592 | = | 0.0% |
| Reserves | 13 | €52,173 | €48,859 | -€3,314 | -6.4% |
| Non-distributable reserves | 130/1 | €3,859 | €3,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,859 | €3,859 | = | 0.0% |
| Distributable reserves | 133 | €48,314 | €45,000 | -€3,314 | -6.9% |
| Amounts payable | 17/49 | €74,143 | €122,563 | +€48,419 | +65.3% |
| Amounts payable after more than one year | 17 | €3,300 | €11,753 | +€8,453 | +256% |
| Financial debts | 170/4 | €3,300 | €11,753 | +€8,453 | +256% |
| Amounts payable within one year | 42/48 | €70,843 | €110,810 | +€39,966 | +56.4% |
| Current portion of amounts payable after more than one year | 42 | €22,073 | €15,280 | -€6,793 | -30.8% |
| Trade debts | 44 | €11,478 | €14,450 | +€2,973 | +25.9% |
| Suppliers | 440/4 | €11,478 | €14,450 | +€2,973 | +25.9% |
| Taxes, remuneration and social security | 45 | €36,751 | €47,971 | +€11,220 | +30.5% |
| Taxes | 450/3 | €23,470 | €36,768 | +€13,298 | +56.7% |
| Remuneration and social security | 454/9 | €13,281 | €11,203 | -€2,078 | -15.6% |
| Other amounts payable | 47/48 | €541 | €33,108 | +€32,567 | +6,020% |
| Remuneration, social security and pensions | 62 | €101,962 | €104,406 | +€2,444 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,253 | €14,261 | +€3,008 | +26.7% |
| Other operating charges | 640/8 | €1,550 | €666 | -€884 | -57.0% |
| Gross operating margin | 9900 | €180,758 | €225,627 | +€44,869 | +24.8% |
| Operating profit (loss) | 9901 | €65,994 | €106,294 | +€40,301 | +61.1% |
| Financial income | 75/76B | €215 | €131 | -€83 | -38.8% |
| Recurring financial income | 75 | €215 | €131 | -€83 | -38.8% |
| Financial charges | 65/66B | €1,662 | €698 | -€964 | -58.0% |
| Recurring financial charges | 65 | €1,662 | €698 | -€964 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €64,546 | €105,727 | +€41,181 | +63.8% |
| Income taxes | 67/77 | €16,232 | €28,322 | +€12,090 | +74.5% |
| Profit (loss) for the period | 9904 | €48,314 | €77,405 | +€29,091 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,314 | €77,405 | +€29,091 | +60.2% |
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 25 October 2026 via checked.be.