SIGNATUUR: what changed
SIGNATUUR
Largest movements
- Tangible fixed assets +€25,214
up €25,214 (+917%), from €2,749 to €27,963
of which Land and buildings: +€27,963
- Stocks and contracts +€8,333
up €8,333 (+36.9%), from €22,582 to €30,915
- Cash +€4,699
up €4,699 (+9.6%), from €49,138 to €53,837
mainly Net result for the year (+€51,169) and Trade debts (+€4,363)
- Receivables within one year +€1,630
up €1,630 (+9.6%), from €17,043 to €18,674
of which Other amounts receivable: +€2,863
- Profit (loss) carried forward +€51,169
up €51,169, from -€1,983 to €49,187
- Other debts -€10,917
down €10,917 (-33.8%), from €32,311 to €21,394
- Trade debts +€4,363
up €4,363 (+28.6%), from €15,232 to €19,595
- Tax, wage and social debts -€2,886
down €2,886 (-17.0%), from €17,002 to €14,116
- Current portion of long-term debt -€2,282
no longer reported in 2025 (was €2,282)
- Gross operating margin +€36,727
up €36,727 (+77.3%), from €47,543 to €84,270
- Taxes +€14,265
up €14,265 (+192%), from €7,424 to €21,689
- Staff costs +€2,815
no longer reported in 2025 (was -€2,815)
- Financial charges +€2,282
up €2,282 (+72.2%), from €3,158 to €5,440
- Depreciation +€2,239
up €2,239 (+301%), from €744 to €2,982
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 | €92,312 | €132,153 | +€39,841 | +43.2% |
| Fixed assets | 21/28 | €2,749 | €27,963 | +€25,214 | +917% |
| Tangible fixed assets | 22/27 | €2,749 | €27,963 | +€25,214 | +917% |
| Land and buildings | 22 | - | €27,963 | +€27,963 | |
| Other tangible fixed assets | 26 | €2,749 | - | -€2,749 | |
| Current assets | 29/58 | €89,563 | €104,190 | +€14,627 | +16.3% |
| Stocks and contracts in progress | 3 | €22,582 | €30,915 | +€8,333 | +36.9% |
| Stocks | 30/36 | €22,582 | €30,915 | +€8,333 | +36.9% |
| Amounts receivable within one year | 40/41 | €17,043 | €18,674 | +€1,630 | +9.6% |
| Trade receivables | 40 | €1,232 | - | -€1,232 | |
| Other amounts receivable | 41 | €15,811 | €18,674 | +€2,863 | +18.1% |
| Cash at bank and in hand | 54/58 | €49,138 | €53,837 | +€4,699 | +9.6% |
| Deferred charges and accrued income | 490/1 | €801 | €766 | -€35 | -4.4% |
| Total equity and liabilities | 10/49 | €92,312 | €132,153 | +€39,841 | +43.2% |
| Equity | 10/15 | €18,017 | €69,187 | +€51,169 | +284% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,983 | €49,187 | +€51,169 | |
| Amounts payable | 17/49 | €74,295 | €62,966 | -€11,329 | -15.2% |
| Amounts payable within one year | 42/48 | €67,327 | €55,976 | -€11,352 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €2,282 | - | -€2,282 | |
| Trade debts | 44 | €15,232 | €19,595 | +€4,363 | +28.6% |
| Suppliers | 440/4 | €15,232 | €19,595 | +€4,363 | +28.6% |
| Advances received on contracts in progress | 46 | €500 | €870 | +€370 | +74.0% |
| Taxes, remuneration and social security | 45 | €17,002 | €14,116 | -€2,886 | -17.0% |
| Taxes | 450/3 | €17,002 | €14,116 | -€2,886 | -17.0% |
| Other amounts payable | 47/48 | €32,311 | €21,394 | -€10,917 | -33.8% |
| Accrued charges and deferred income | 492/3 | €6,967 | €6,990 | +€23 | +0.3% |
| Remuneration, social security and pensions | 62 | -€2,815 | - | +€2,815 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €744 | €2,982 | +€2,239 | +301% |
| Other operating charges | 640/8 | €1,059 | €1,216 | +€157 | +14.8% |
| Non-recurring operating charges | 66A | - | €2,749 | +€2,749 | |
| Gross operating margin | 9900 | €47,543 | €84,270 | +€36,727 | +77.3% |
| Operating profit (loss) | 9901 | €48,555 | €77,323 | +€28,768 | +59.2% |
| Financial income | 75/76B | €746 | €976 | +€229 | +30.7% |
| Recurring financial income | 75 | €746 | €976 | +€229 | +30.7% |
| Financial charges | 65/66B | €3,158 | €5,440 | +€2,282 | +72.2% |
| Recurring financial charges | 65 | €3,158 | €5,440 | +€2,282 | +72.2% |
| Profit (loss) for the period before taxes | 9903 | €46,143 | €72,859 | +€26,716 | +57.9% |
| Income taxes | 67/77 | €7,424 | €21,689 | +€14,265 | +192% |
| Profit (loss) for the period | 9904 | €38,719 | €51,169 | +€12,450 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,719 | €51,169 | +€12,450 | +32.2% |
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 2 November 2026 via checked.be.