Signoritas: 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.
Signoritas
Largest movements
- Receivables within one year +€151,076
up €151,076 (+294%), from €51,430 to €202,506
of which Other amounts receivable: +€147,514
- Current investments -€146,421
down €146,421 (-58.0%), from €252,316 to €105,895
- Cash +€104,060
up €104,060 (+135%), from €76,841 to €180,901
mainly Current investments (+€146,421) and Accrued charges and deferred income (+€50,568)
- Accrued charges and deferred income +€50,568
up €50,568 (+612%), from €8,259 to €58,828
- Other debts +€25,973
up €25,973 (+15.8%), from €164,864 to €190,837
- Tax, wage and social debts +€16,305
up €16,305 (+60.1%), from €27,113 to €43,418
of which Taxes: +€15,604
- Reserves +€15,320
up €15,320 (+8.6%), from €178,365 to €193,686
- Gross operating margin +€43,250
up €43,250 (+26.5%), from €163,415 to €206,665
- Taxes +€9,462
up €9,462 (+78.6%), from €12,040 to €21,502
- Staff costs +€5,831
up €5,831 (+4.9%), from €120,052 to €125,883
- Financial income -€2,645
down €2,645 (-33.8%), from €7,822 to €5,177
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 | €396,352 | €502,105 | +€105,753 | +26.7% |
| Fixed assets | 21/28 | €12,938 | €10,228 | -€2,710 | -20.9% |
| Tangible fixed assets | 22/27 | €12,938 | €10,228 | -€2,710 | -20.9% |
| Furniture and vehicles | 24 | €12,938 | €10,228 | -€2,710 | -20.9% |
| Current assets | 29/58 | €383,414 | €491,877 | +€108,463 | +28.3% |
| Amounts receivable within one year | 40/41 | €51,430 | €202,506 | +€151,076 | +294% |
| Trade receivables | 40 | €48,928 | €52,489 | +€3,562 | +7.3% |
| Other amounts receivable | 41 | €2,503 | €150,017 | +€147,514 | +5,894% |
| Current investments | 50/53 | €252,316 | €105,895 | -€146,421 | -58.0% |
| Cash at bank and in hand | 54/58 | €76,841 | €180,901 | +€104,060 | +135% |
| Deferred charges and accrued income | 490/1 | €2,827 | €2,576 | -€251 | -8.9% |
| Total equity and liabilities | 10/49 | €396,352 | €502,105 | +€105,753 | +26.7% |
| Equity | 10/15 | €190,765 | €206,086 | +€15,320 | +8.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €178,365 | €193,686 | +€15,320 | +8.6% |
| Distributable reserves | 133 | €178,365 | €193,686 | +€15,320 | +8.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €205,587 | €296,019 | +€90,432 | +44.0% |
| Amounts payable within one year | 42/48 | €197,328 | €237,192 | +€39,864 | +20.2% |
| Financial debts | 43 | €190 | €2,723 | +€2,533 | +1,333% |
| Credit institutions | 430/8 | €190 | €2,723 | +€2,533 | +1,333% |
| Trade debts | 44 | €5,161 | €214 | -€4,947 | -95.8% |
| Suppliers | 440/4 | €5,161 | €214 | -€4,947 | -95.8% |
| Taxes, remuneration and social security | 45 | €27,113 | €43,418 | +€16,305 | +60.1% |
| Taxes | 450/3 | €12,816 | €28,420 | +€15,604 | +122% |
| Remuneration and social security | 454/9 | €14,297 | €14,998 | +€701 | +4.9% |
| Other amounts payable | 47/48 | €164,864 | €190,837 | +€25,973 | +15.8% |
| Accrued charges and deferred income | 492/3 | €8,259 | €58,828 | +€50,568 | +612% |
| Remuneration, social security and pensions | 62 | €120,052 | €125,883 | +€5,831 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,243 | €8,031 | +€788 | +10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €911 | €686 | -€225 | -24.7% |
| Gross operating margin | 9900 | €163,415 | €206,665 | +€43,250 | +26.5% |
| Operating profit (loss) | 9901 | €35,210 | €72,065 | +€36,856 | +105% |
| Financial income | 75/76B | €7,822 | €5,177 | -€2,645 | -33.8% |
| Recurring financial income | 75 | €7,822 | €5,177 | -€2,645 | -33.8% |
| Financial charges | 65/66B | €11,938 | €13,074 | +€1,135 | +9.5% |
| Recurring financial charges | 65 | €11,938 | €13,074 | +€1,135 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €31,094 | €64,169 | +€33,075 | +106% |
| Income taxes | 67/77 | €12,040 | €21,502 | +€9,462 | +78.6% |
| Profit (loss) for the period | 9904 | €19,054 | €42,667 | +€23,614 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €19,054 | €42,667 | +€23,614 | +124% |
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 31 October 2026 via checked.be.