SIGNMEDIA: 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.
SIGNMEDIA
Largest movements
- Receivables within one year +€26,798
up €26,798 (+191%), from €14,024 to €40,823
of which Trade receivables: +€18,414
- Cash -€22,982
down €22,982 (-76.9%), from €29,887 to €6,905
mainly Contributions, distributions and other (-€77,985) and Receivables within one year (-€26,798)
- Current investments -€22,213
down €22,213 (-22.2%), from €100,000 to €77,787
- Other debts +€63,449
up €63,449 (+436%), from €14,536 to €77,985
- Reserves -€57,265
down €57,265 (-41.3%), from €138,593 to €81,328
- Debts after one year -€24,128
down €24,128 (-6.9%), from €349,167 to €325,039
- Gross operating margin -€57,398
down €57,398 (-44.7%), from €128,422 to €71,023
- Taxes -€14,496
down €14,496 (-62.2%), from €23,293 to €8,797
- Depreciation +€4,120
up €4,120 (+17.7%), from €23,217 to €27,337
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 | €576,113 | €552,876 | -€23,237 | -4.0% |
| Fixed assets | 21/28 | €425,749 | €420,555 | -€5,194 | -1.2% |
| Tangible fixed assets | 22/27 | €425,749 | €420,555 | -€5,194 | -1.2% |
| Land and buildings | 22 | €397,663 | €385,159 | -€12,504 | -3.1% |
| Plant, machinery and equipment | 23 | €18,937 | €16,541 | -€2,396 | -12.7% |
| Furniture and vehicles | 24 | €9,149 | €18,855 | +€9,706 | +106% |
| Current assets | 29/58 | €150,363 | €132,321 | -€18,043 | -12.0% |
| Stocks and contracts in progress | 3 | €6,452 | €6,806 | +€354 | +5.5% |
| Stocks | 30/36 | €6,452 | €6,806 | +€354 | +5.5% |
| Amounts receivable within one year | 40/41 | €14,024 | €40,823 | +€26,798 | +191% |
| Trade receivables | 40 | €9,814 | €28,228 | +€18,414 | +188% |
| Other amounts receivable | 41 | €4,210 | €12,595 | +€8,384 | +199% |
| Current investments | 50/53 | €100,000 | €77,787 | -€22,213 | -22.2% |
| Cash at bank and in hand | 54/58 | €29,887 | €6,905 | -€22,982 | -76.9% |
| Total equity and liabilities | 10/49 | €576,113 | €552,876 | -€23,237 | -4.0% |
| Equity | 10/15 | €144,793 | €87,528 | -€57,265 | -39.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €138,593 | €81,328 | -€57,265 | -41.3% |
| Distributable reserves | 133 | €138,593 | €81,328 | -€57,265 | -41.3% |
| Amounts payable | 17/49 | €431,320 | €465,348 | +€34,028 | +7.9% |
| Amounts payable after more than one year | 17 | €349,167 | €325,039 | -€24,128 | -6.9% |
| Financial debts | 170/4 | €349,167 | €325,039 | -€24,128 | -6.9% |
| Amounts payable within one year | 42/48 | €82,152 | €140,309 | +€58,156 | +70.8% |
| Current portion of amounts payable after more than one year | 42 | €39,353 | €38,743 | -€610 | -1.6% |
| Trade debts | 44 | €15,648 | €10,385 | -€5,262 | -33.6% |
| Suppliers | 440/4 | €15,648 | €10,385 | -€5,262 | -33.6% |
| Taxes, remuneration and social security | 45 | €12,616 | €13,196 | +€580 | +4.6% |
| Taxes | 450/3 | €12,616 | €13,196 | +€580 | +4.6% |
| Other amounts payable | 47/48 | €14,536 | €77,985 | +€63,449 | +436% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,217 | €27,337 | +€4,120 | +17.7% |
| Other operating charges | 640/8 | €2,984 | €3,466 | +€482 | +16.2% |
| Non-recurring operating charges | 66A | - | €21 | +€21 | |
| Gross operating margin | 9900 | €128,422 | €71,023 | -€57,398 | -44.7% |
| Operating profit (loss) | 9901 | €102,221 | €40,199 | -€62,022 | -60.7% |
| Financial income | 75/76B | €60 | €799 | +€739 | +1,229% |
| Recurring financial income | 75 | €60 | €799 | +€739 | +1,229% |
| Financial charges | 65/66B | €11,911 | €11,482 | -€430 | -3.6% |
| Recurring financial charges | 65 | €11,911 | €11,482 | -€430 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €90,370 | €29,516 | -€60,853 | -67.3% |
| Income taxes | 67/77 | €23,293 | €8,797 | -€14,496 | -62.2% |
| Profit (loss) for the period | 9904 | €67,077 | €20,720 | -€46,357 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €67,077 | €20,720 | -€46,357 | -69.1% |
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 25 October 2026 via checked.be.