SIGNBURO: 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.
SIGNBURO
Largest movements
- Deferred charges and accrued income -€27,094
down €27,094 (-47.7%), from €56,822 to €29,728
- Cash +€25,933
up €25,933 (+105%), from €24,724 to €50,657
mainly Deferred charges and accrued income (+€27,094) and Net result for the year (+€18,635)
- Tangible fixed assets +€21,009
up €21,009 (+63.4%), from €33,158 to €54,167
of which Furniture and vehicles: +€22,387
- Financial fixed assets -€5,355
down €5,355 (-100%), from €5,355 to €0
- Intangible fixed assets -€4,036
down €4,036 (-56.0%), from €7,205 to €3,169
- Profit (loss) carried forward +€18,635
up €18,635, from -€2,123 to €16,513
- Tax, wage and social debts -€4,693
down €4,693 (-24.1%), from €19,448 to €14,754
- Trade debts -€2,610
down €2,610 (-31.8%), from €8,199 to €5,589
- Gross operating margin +€33,157
up €33,157 (+209%), from €15,893 to €49,050
- Taxes +€6,927
up €6,927 (+850%), from €815 to €7,741
- Other operating charges +€2,429
up €2,429 (+121%), from €2,004 to €4,433
- Depreciation +€1,662
up €1,662 (+11.8%), from €14,068 to €15,731
- Financial charges +€1,075
up €1,075 (+55.2%), from €1,948 to €3,023
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 | €204,020 | €215,753 | +€11,732 | +5.8% |
| Fixed assets | 21/28 | €45,718 | €57,337 | +€11,618 | +25.4% |
| Intangible fixed assets | 21 | €7,205 | €3,169 | -€4,036 | -56.0% |
| Tangible fixed assets | 22/27 | €33,158 | €54,167 | +€21,009 | +63.4% |
| Plant, machinery and equipment | 23 | €32 | €1,243 | +€1,210 | +3,727% |
| Furniture and vehicles | 24 | €20,207 | €42,594 | +€22,387 | +111% |
| Other tangible fixed assets | 26 | €12,919 | €10,331 | -€2,588 | -20.0% |
| Financial fixed assets | 28 | €5,355 | €0 | -€5,355 | -100% |
| Current assets | 29/58 | €158,302 | €158,416 | +€114 | +0.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €76,756 | €78,031 | +€1,275 | +1.7% |
| Trade receivables | 40 | €64,595 | €66,651 | +€2,056 | +3.2% |
| Other amounts receivable | 41 | €12,162 | €11,380 | -€781 | -6.4% |
| Cash at bank and in hand | 54/58 | €24,724 | €50,657 | +€25,933 | +105% |
| Deferred charges and accrued income | 490/1 | €56,822 | €29,728 | -€27,094 | -47.7% |
| Total equity and liabilities | 10/49 | €204,020 | €215,753 | +€11,732 | +5.8% |
| Equity | 10/15 | €176,374 | €195,010 | +€18,635 | +10.6% |
| Reserves | 13 | €178,497 | €178,497 | = | 0.0% |
| Distributable reserves | 133 | €178,497 | €178,497 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,123 | €16,513 | +€18,635 | |
| Amounts payable | 17/49 | €27,646 | €20,743 | -€6,903 | -25.0% |
| Amounts payable within one year | 42/48 | €27,646 | €20,343 | -€7,303 | -26.4% |
| Trade debts | 44 | €8,199 | €5,589 | -€2,610 | -31.8% |
| Suppliers | 440/4 | €8,199 | €5,589 | -€2,610 | -31.8% |
| Taxes, remuneration and social security | 45 | €19,448 | €14,754 | -€4,693 | -24.1% |
| Taxes | 450/3 | €19,448 | €14,754 | -€4,693 | -24.1% |
| Accrued charges and deferred income | 492/3 | €0 | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,068 | €15,731 | +€1,662 | +11.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €2,004 | €4,433 | +€2,429 | +121% |
| Gross operating margin | 9900 | €15,893 | €49,050 | +€33,157 | +209% |
| Operating profit (loss) | 9901 | -€179 | €28,887 | +€29,066 | |
| Financial income | 75/76B | €551 | €513 | -€38 | -6.9% |
| Recurring financial income | 75 | €551 | €513 | -€38 | -6.9% |
| Financial charges | 65/66B | €1,948 | €3,023 | +€1,075 | +55.2% |
| Recurring financial charges | 65 | €1,948 | €3,023 | +€1,075 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,575 | €26,377 | +€27,952 | |
| Income taxes | 67/77 | €815 | €7,741 | +€6,927 | +850% |
| Profit (loss) for the period | 9904 | -€2,390 | €18,635 | +€21,026 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,390 | €18,635 | +€21,026 |
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 23 October 2026 via checked.be.