Signé Nous: 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.
Signé Nous
Largest movements
- Tangible fixed assets +€74,269
up €74,269 (+42.5%), from €174,746 to €249,014
of which Land and buildings: +€94,492
- Receivables within one year +€37,333
up €37,333 (+263%), from €14,220 to €51,553
of which Trade receivables: +€37,316
- Cash +€10,561
up €10,561 (+2.9%), from €363,059 to €373,620
mainly Other debts (+€212,070) and Net result for the year (+€199,497)
- Other debts +€212,070
up €212,070 (+183%), from €115,878 to €327,948
- Profit (loss) carried forward -€100,503
down €100,503 (-28.5%), from €352,395 to €251,893
- Trade debts +€13,609
up €13,609 (+34.5%), from €39,416 to €53,026
- Tax, wage and social debts +€8,865
up €8,865 (+72.8%), from €12,180 to €21,045
of which Remuneration and social security: +€11,890
- Gross operating margin +€128,351
up €128,351 (+49.2%), from €260,884 to €389,235
- Staff costs +€60,929
new in 2025: €60,929
- Depreciation +€15,831
up €15,831 (+41.7%), from €37,919 to €53,750
- Taxes +€6,196
up €6,196 (+12.0%), from €51,670 to €57,866
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 | €563,325 | €685,216 | +€121,891 | +21.6% |
| Fixed assets | 21/28 | €174,746 | €249,014 | +€74,269 | +42.5% |
| Tangible fixed assets | 22/27 | €174,746 | €249,014 | +€74,269 | +42.5% |
| Land and buildings | 22 | - | €94,492 | +€94,492 | |
| Plant, machinery and equipment | 23 | €66,274 | €78,422 | +€12,148 | +18.3% |
| Furniture and vehicles | 24 | €48,239 | €76,100 | +€27,861 | +57.8% |
| Other tangible fixed assets | 26 | €60,233 | €0 | -€60,233 | -100% |
| Current assets | 29/58 | €388,579 | €436,201 | +€47,623 | +12.3% |
| Stocks and contracts in progress | 3 | €8,333 | €7,579 | -€754 | -9.0% |
| Stocks | 30/36 | €8,333 | €7,579 | -€754 | -9.0% |
| Amounts receivable within one year | 40/41 | €14,220 | €51,553 | +€37,333 | +263% |
| Trade receivables | 40 | €14,220 | €51,536 | +€37,316 | +262% |
| Other amounts receivable | 41 | - | €17 | +€17 | |
| Cash at bank and in hand | 54/58 | €363,059 | €373,620 | +€10,561 | +2.9% |
| Deferred charges and accrued income | 490/1 | €2,967 | €3,450 | +€483 | +16.3% |
| Total equity and liabilities | 10/49 | €563,325 | €685,216 | +€121,891 | +21.6% |
| Equity | 10/15 | €362,395 | €261,893 | -€100,503 | -27.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €352,395 | €251,893 | -€100,503 | -28.5% |
| Amounts payable | 17/49 | €200,929 | €423,323 | +€222,394 | +111% |
| Amounts payable after more than one year | 17 | €16,213 | €10,528 | -€5,685 | -35.1% |
| Financial debts | 170/4 | €16,213 | €10,528 | -€5,685 | -35.1% |
| Amounts payable within one year | 42/48 | €175,353 | €407,704 | +€232,351 | +133% |
| Current portion of amounts payable after more than one year | 42 | €7,879 | €5,685 | -€2,194 | -27.8% |
| Trade debts | 44 | €39,416 | €53,026 | +€13,609 | +34.5% |
| Suppliers | 440/4 | €39,416 | €53,026 | +€13,609 | +34.5% |
| Taxes, remuneration and social security | 45 | €12,180 | €21,045 | +€8,865 | +72.8% |
| Taxes | 450/3 | €12,180 | €9,155 | -€3,025 | -24.8% |
| Remuneration and social security | 454/9 | - | €11,890 | +€11,890 | |
| Other amounts payable | 47/48 | €115,878 | €327,948 | +€212,070 | +183% |
| Accrued charges and deferred income | 492/3 | €9,363 | €5,091 | -€4,272 | -45.6% |
| Non-recurring operating income | 76A | €8,243 | €9,512 | +€1,269 | +15.4% |
| Remuneration, social security and pensions | 62 | - | €60,929 | +€60,929 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,919 | €53,750 | +€15,831 | +41.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €363 | +€363 | |
| Other operating charges | 640/8 | €1,315 | €4,776 | +€3,461 | +263% |
| Non-recurring operating charges | 66A | €370 | €0 | -€370 | -100% |
| Gross operating margin | 9900 | €260,884 | €389,235 | +€128,351 | +49.2% |
| Operating profit (loss) | 9901 | €221,280 | €269,417 | +€48,137 | +21.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,304 | €12,054 | -€251 | -2.0% |
| Recurring financial charges | 65 | €12,304 | €12,054 | -€251 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €208,976 | €257,364 | +€48,388 | +23.2% |
| Income taxes | 67/77 | €51,670 | €57,866 | +€6,196 | +12.0% |
| Profit (loss) for the period | 9904 | €157,306 | €199,497 | +€42,192 | +26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €157,306 | €199,497 | +€42,192 | +26.8% |
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.