SIGNE: what changed
Two fiscal 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.
SIGNE
Largest movements
- Stocks and contracts -€35,754
down €35,754 (-9.0%), from €397,155 to €361,401
- Intangible fixed assets -€14,376
down €14,376 (-25.0%), from €57,477 to €43,101
- Tangible fixed assets -€11,799
down €11,799 (-34.7%), from €33,968 to €22,169
of which Other tangible fixed assets: -€8,815
- Deferred charges and accrued income +€7,263
up €7,263 (+371.2%), from €1,956 to €9,219
- Receivables within one year +€6,902
up €6,902 (+6.4%), from €107,176 to €114,079
of which Other amounts receivable: +€25,065
- Advances received -€66,940
down €66,940 (-93.3%), from €71,764 to €4,824
- Accrued charges and deferred income +€64,793
new in 2025: €64,793
- Trade debts -€42,473
down €42,473 (-30.9%), from €137,661 to €95,188
- Debts after one year -€14,230
down €14,230 (-31.6%), from €45,019 to €30,789
- Profit (loss) carried forward +€13,049
up €13,049 (+21.9%), from €59,545 to €72,594
- Gross operating margin +€9,711
up €9,711 (+10.6%), from €91,743 to €101,454
- Taxes +€7,177
up €7,177, from -€1,310 to €5,867
- Staff costs +€3,510
up €3,510 (+7.0%), from €49,934 to €53,444
- Financial charges -€2,671
down €2,671 (-42.3%), from €6,317 to €3,646
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.
Cash bridge derived
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 | €626,159 | €582,634 | -€43,525 | -7.0% |
| Fixed assets | 21/28 | €91,695 | €65,520 | -€26,174 | -28.5% |
| Intangible fixed assets | 21 | €57,477 | €43,101 | -€14,376 | -25.0% |
| Tangible fixed assets | 22/27 | €33,968 | €22,169 | -€11,799 | -34.7% |
| Furniture and vehicles | 24 | €7,004 | €4,020 | -€2,983 | -42.6% |
| Other tangible fixed assets | 26 | €26,964 | €18,149 | -€8,815 | -32.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €534,464 | €517,113 | -€17,351 | -3.2% |
| Stocks and contracts in progress | 3 | €397,155 | €361,401 | -€35,754 | -9.0% |
| Stocks | 30/36 | €397,155 | €361,401 | -€35,754 | -9.0% |
| Amounts receivable within one year | 40/41 | €107,176 | €114,079 | +€6,902 | +6.4% |
| Trade receivables | 40 | €94,786 | €76,624 | -€18,162 | -19.2% |
| Other amounts receivable | 41 | €12,390 | €37,455 | +€25,065 | +202.3% |
| Cash at bank and in hand | 54/58 | €28,176 | €32,414 | +€4,238 | +15.0% |
| Deferred charges and accrued income | 490/1 | €1,956 | €9,219 | +€7,263 | +371.2% |
| Total equity and liabilities | 10/49 | €626,159 | €582,634 | -€43,525 | -7.0% |
| Equity | 10/15 | €302,883 | €314,405 | +€11,521 | +3.8% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Capital | 10 | €240,000 | €240,000 | = | 0.0% |
| Issued capital | 100 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,545 | €72,594 | +€13,049 | +21.9% |
| Investment grants | 15 | €3,338 | €1,811 | -€1,528 | -45.8% |
| Amounts payable | 17/49 | €323,275 | €268,229 | -€55,046 | -17.0% |
| Amounts payable after more than one year | 17 | €45,019 | €30,789 | -€14,230 | -31.6% |
| Financial debts | 170/4 | €45,019 | €30,789 | -€14,230 | -31.6% |
| Amounts payable within one year | 42/48 | €278,257 | €172,647 | -€105,610 | -38.0% |
| Current portion of amounts payable after more than one year | 42 | €14,269 | €14,230 | -€39 | -0.3% |
| Financial debts | 43 | €449 | €862 | +€413 | +92.0% |
| Credit institutions | 430/8 | €449 | €862 | +€413 | +92.0% |
| Trade debts | 44 | €137,661 | €95,188 | -€42,473 | -30.9% |
| Suppliers | 440/4 | €137,661 | €95,188 | -€42,473 | -30.9% |
| Advances received on contracts in progress | 46 | €71,764 | €4,824 | -€66,940 | -93.3% |
| Taxes, remuneration and social security | 45 | €50,260 | €40,767 | -€9,492 | -18.9% |
| Taxes | 450/3 | €44,174 | €34,494 | -€9,680 | -21.9% |
| Remuneration and social security | 454/9 | €6,086 | €6,273 | +€187 | +3.1% |
| Other amounts payable | 47/48 | €3,855 | €16,776 | +€12,921 | +335.2% |
| Accrued charges and deferred income | 492/3 | - | €64,793 | +€64,793 | |
| Non-recurring operating income | 76A | €912 | - | -€912 | |
| Remuneration, social security and pensions | 62 | €49,934 | €53,444 | +€3,510 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,173 | €26,174 | +€1 | 0.0% |
| Other operating charges | 640/8 | €789 | €860 | +€71 | +9.0% |
| Non-recurring operating charges | 66A | €450 | - | -€450 | |
| Gross operating margin | 9900 | €91,743 | €101,454 | +€9,711 | +10.6% |
| Operating profit (loss) | 9901 | €14,397 | €20,977 | +€6,580 | +45.7% |
| Financial income | 75/76B | €1,974 | €1,585 | -€388 | -19.7% |
| Recurring financial income | 75 | €1,974 | €1,585 | -€388 | -19.7% |
| Financial charges | 65/66B | €6,317 | €3,646 | -€2,671 | -42.3% |
| Recurring financial charges | 65 | €6,317 | €3,646 | -€2,671 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €10,053 | €18,916 | +€8,862 | +88.2% |
| Income taxes | 67/77 | -€1,310 | €5,867 | +€7,177 | |
| Profit (loss) for the period | 9904 | €11,363 | €13,049 | +€1,685 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,363 | €13,049 | +€1,685 | +14.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.