Signifeye: what changed
What changed
Signifeye
NACE 46.460, Wholesale of pharmaceutical and medical goods
filed annual accounts (NBB)
Net result for the year
€6.0m
2024 · €752,865+€5.2m
Equity
€14.2m
2024 · €7.4m+€6.8m
Cash
€230,392
2024 · €238,959-€8,567
Balance sheet total
€18.7m
2024 · €16.6m+€2.1m
Largest movements
Assets
- Financial fixed assets +€2.3m
up €2.3m (+16.9%), from €13.6m to €15.9m
Equity and liabilities
- Reserves +€6.0m
up €6.0m (+2,017%), from €297,237 to €6.3m
of which Distributable reserves: +€5.5m
- Short-term financial debts -€3.4m
down €3.4m (-100%), from €3.4m to €0
- Debts after one year -€1.3m
down €1.3m (-32.0%), from €4.2m to €2.8m
- Contributions +€790,000
up €790,000 (+11.1%), from €7.1m to €7.9m
Income statement
- Financial income +€4.5m
up €4.5m (+7,956%), from €56,302 to €4.5m
- Turnover -€2.8m
no longer reported in 2025 (was €2.8m)
- Gross operating margin +€2.3m
new in 2025: €2.3m
- Goods and materials -€1.3m
no longer reported in 2025 (was €1.3m)
- Taxes +€488,173
up €488,173 (+4,651%), from €10,496 to €498,669
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.
Result 2024
€752,865
Turnover
-€2.8m
Other operating income
-€23,528
Goods and materials
+€1.3m
Services and other goods
+€273,066
Depreciation
+€293
Other operating charges
-€28,316
Other operating items
+€2.3m
Financial income
+€4.5m
Financial charges
+€194,779
Taxes
-€488,173
Result 2025
€6.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€6.2m
Investment
-€2.3m
Financing
-€3.9m
Cash 2024
€238,959
From operations (derived)
+€6.2m
Net result for the year
+€6.0m
Receivables within one year
+€164,949
Smaller working-capital items
-€6,645
Trade debts
+€72,540
Accrued charges and deferred income
-€44,238
Investment (derived)
-€2.3m
Investment in fixed assets (net)
-€2.3m
Current investments
+€14,035
Financing
-€3.9m
Debts after one year
-€1.3m
Current portion of long-term debt
+€58,045
Short-term financial debts
-€3.4m
Contributions, distributions and other
+€790,000
Cash 2025
€230,392
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,606,531 | €18,719,731 | +€2.1m | +12.7% |
| Fixed assets | 21/28 | €13,571,865 | €15,869,850 | +€2.3m | +16.9% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €13,571,865 | €15,869,850 | +€2.3m | +16.9% |
| Affiliated companies | 280/1 | €13,571,865 | - | -€13.6m | |
| Participating interests | 280 | €13,571,865 | - | -€13.6m | |
| Amounts receivable | 281 | €0 | - | = | |
| Current assets | 29/58 | €3,034,666 | €2,849,881 | -€184,785 | -6.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,166,034 | €2,001,085 | -€164,949 | -7.6% |
| Trade receivables | 40 | €379,558 | €664,193 | +€284,635 | +75.0% |
| Other amounts receivable | 41 | €1,786,476 | €1,336,892 | -€449,584 | -25.2% |
| Current investments | 50/53 | €623,786 | €609,751 | -€14,035 | -2.2% |
| Other investments | 51/53 | €623,786 | - | -€623,786 | |
| Cash at bank and in hand | 54/58 | €238,959 | €230,392 | -€8,567 | -3.6% |
| Deferred charges and accrued income | 490/1 | €5,887 | €8,653 | +€2,766 | +47.0% |
| Total equity and liabilities | 10/49 | €16,606,531 | €18,719,731 | +€2.1m | +12.7% |
| Equity | 10/15 | €7,388,737 | €14,174,585 | +€6.8m | +91.8% |
| Contributions | 10/11 | €7,091,500 | €7,881,500 | +€790,000 | +11.1% |
| Capital | 10 | €7,091,500 | €7,881,500 | +€790,000 | +11.1% |
| Issued capital | 100 | €7,091,500 | €7,881,500 | +€790,000 | +11.1% |
| Reserves | 13 | €297,237 | €6,293,085 | +€6.0m | +2,017% |
| Non-distributable reserves | 130/1 | €297,237 | €788,150 | +€490,913 | +165% |
| Legal reserve | 130 | €297,237 | €788,150 | +€490,913 | +165% |
| Distributable reserves | 133 | - | €5,504,935 | +€5.5m | |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €9,217,794 | €4,545,146 | -€4.7m | -50.7% |
| Amounts payable after more than one year | 17 | €4,175,451 | €2,840,333 | -€1.3m | -32.0% |
| Financial debts | 170/4 | €4,175,451 | €2,840,333 | -€1.3m | -32.0% |
| Credit institutions | 173 | €4,175,451 | - | -€4.2m | |
| Amounts payable within one year | 42/48 | €4,982,730 | €1,689,437 | -€3.3m | -66.1% |
| Current portion of amounts payable after more than one year | 42 | €1,385,879 | €1,443,924 | +€58,045 | +4.2% |
| Financial debts | 43 | €3,420,000 | €0 | -€3.4m | -100% |
| Credit institutions | 430/8 | €3,420,000 | €0 | -€3.4m | -100% |
| Trade debts | 44 | €161,796 | €234,337 | +€72,540 | +44.8% |
| Suppliers | 440/4 | €161,796 | €234,337 | +€72,540 | +44.8% |
| Taxes, remuneration and social security | 45 | €15,054 | €11,176 | -€3,878 | -25.8% |
| Taxes | 450/3 | €15,054 | €11,176 | -€3,878 | -25.8% |
| Accrued charges and deferred income | 492/3 | €59,613 | €15,376 | -€44,238 | -74.2% |
| Operating income | 70/76A | €2,780,891 | - | -€2.8m | |
| Turnover | 70 | €2,757,364 | - | -€2.8m | |
| Other operating income | 74 | €23,528 | - | -€23,528 | |
| Operating charges | 60/66A | €1,614,194 | - | -€1.6m | |
| Goods for resale, raw materials and consumables | 60 | €1,330,935 | - | -€1.3m | |
| Purchases | 600/8 | €1,330,935 | - | -€1.3m | |
| Services and other goods | 61 | €273,066 | - | -€273,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €293 | €0 | -€293 | -100% |
| Other operating charges | 640/8 | €9,900 | €38,217 | +€28,316 | +286% |
| Gross operating margin | 9900 | - | €2,262,045 | +€2.3m | |
| Operating profit (loss) | 9901 | €1,166,697 | €2,223,828 | +€1.1m | +90.6% |
| Financial income | 75/76B | €56,302 | €4,535,547 | +€4.5m | +7,956% |
| Recurring financial income | 75 | €56,302 | €4,535,547 | +€4.5m | +7,956% |
| Income from financial fixed assets | 750 | €51,726 | - | -€51,726 | |
| Income from current assets | 751 | €4,465 | - | -€4,465 | |
| Other financial income | 752/9 | €112 | - | -€112 | |
| Financial charges | 65/66B | €459,638 | €264,859 | -€194,779 | -42.4% |
| Recurring financial charges | 65 | €459,638 | €264,859 | -€194,779 | -42.4% |
| Debt charges | 650 | €447,859 | - | -€447,859 | |
| Other financial charges | 652/9 | €11,779 | - | -€11,779 | |
| Profit (loss) for the period before taxes | 9903 | €763,361 | €6,494,517 | +€5.7m | +751% |
| Income taxes | 67/77 | €10,496 | €498,669 | +€488,173 | +4,651% |
| Taxes | 670/3 | €10,496 | - | -€10,496 | |
| Profit (loss) for the period | 9904 | €752,865 | €5,995,848 | +€5.2m | +696% |
| Profit (loss) for the period to be appropriated | 9905 | €752,865 | €5,995,848 | +€5.2m | +696% |
Next steps
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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 3 November 2026 via checked.be.