SIGNTEC VISUAL COMMUNICATION: 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.
SIGNTEC VISUAL COMMUNICATION
Largest movements
- Tangible fixed assets -€290,207
down €290,207 (-79.5%), from €364,869 to €74,662
of which Land and buildings: -€259,588
- Receivables within one year +€16,231
up €16,231 (+28.7%), from €56,532 to €72,763
of which Trade receivables: +€16,045
- Deferred charges and accrued income -€12,263
down €12,263 (-98.2%), from €12,492 to €229
- Stocks and contracts +€8,106
up €8,106 (+38.9%), from €20,841 to €28,947
- Cash -€6,713
down €6,713 (-7.7%), from €87,368 to €80,655
mainly Net result for the year (-€284,693) and Debts after one year (-€30,083)
- Profit (loss) carried forward -€190,006
down €190,006 (-79.1%), from €240,065 to €50,059
- Reserves -€75,290
down €75,290 (-67.0%), from €112,342 to €37,052
of which Distributable reserves: -€74,045
- Debts after one year -€30,083
down €30,083 (-47.3%), from €63,617 to €33,534
of which Financial debts: -€30,083
- Tax, wage and social debts +€17,525
up €17,525 (+35.1%), from €49,877 to €67,402
of which Remuneration and social security: +€12,319
- Trade debts +€15,526
up €15,526 (+87.6%), from €17,716 to €33,242
- Financial charges +€254,302
up €254,302 (+3067.2%), from €8,291 to €262,593
of which Non-recurring financial charges: +€259,588
- Turnover -€133,994
down €133,994 (-17.2%), from €777,694 to €643,700
- Gross operating margin -€100,206
down €100,206 (-28.9%), from €347,003 to €246,797
- Purchases and services -€48,049
down €48,049 (-10.3%), from €468,258 to €420,209
- Depreciation -€15,738
down €15,738 (-29.7%), from €52,920 to €37,182
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 | €542,350 | €257,504 | -€284,846 | -52.5% |
| Fixed assets | 21/28 | €365,117 | €74,910 | -€290,207 | -79.5% |
| Tangible fixed assets | 22/27 | €364,869 | €74,662 | -€290,207 | -79.5% |
| Land and buildings | 22 | €259,588 | - | -€259,588 | |
| Plant, machinery and equipment | 23 | €56,567 | €38,118 | -€18,449 | -32.6% |
| Furniture and vehicles | 24 | €48,714 | €36,544 | -€12,170 | -25.0% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €177,233 | €182,594 | +€5,361 | +3.0% |
| Stocks and contracts in progress | 3 | €20,841 | €28,947 | +€8,106 | +38.9% |
| Stocks | 30/36 | €20,841 | €28,947 | +€8,106 | +38.9% |
| Amounts receivable within one year | 40/41 | €56,532 | €72,763 | +€16,231 | +28.7% |
| Trade receivables | 40 | €54,592 | €70,637 | +€16,045 | +29.4% |
| Other amounts receivable | 41 | €1,940 | €2,126 | +€186 | +9.6% |
| Cash at bank and in hand | 54/58 | €87,368 | €80,655 | -€6,713 | -7.7% |
| Deferred charges and accrued income | 490/1 | €12,492 | €229 | -€12,263 | -98.2% |
| Total equity and liabilities | 10/49 | €542,350 | €257,504 | -€284,846 | -52.5% |
| Equity | 10/15 | €381,348 | €93,243 | -€288,105 | -75.5% |
| Contributions | 10/11 | €18,592 | €6,132 | -€12,460 | -67.0% |
| Reserves | 13 | €112,342 | €37,052 | -€75,290 | -67.0% |
| Non-distributable reserves | 130/1 | €1,859 | €614 | -€1,245 | -67.0% |
| Reserves not available under the articles | 1311 | €1,859 | €614 | -€1,245 | -67.0% |
| Distributable reserves | 133 | €110,483 | €36,438 | -€74,045 | -67.0% |
| Profit (loss) carried forward | 14 | €240,065 | €50,059 | -€190,006 | -79.1% |
| Investment grants | 15 | €10,349 | - | -€10,349 | |
| Amounts payable | 17/49 | €161,002 | €164,261 | +€3,259 | +2.0% |
| Amounts payable after more than one year | 17 | €63,617 | €33,534 | -€30,083 | -47.3% |
| Financial debts | 170/4 | €60,617 | €30,534 | -€30,083 | -49.6% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €97,385 | €130,727 | +€33,342 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €29,205 | €30,083 | +€878 | +3.0% |
| Trade debts | 44 | €17,716 | €33,242 | +€15,526 | +87.6% |
| Suppliers | 440/4 | €17,716 | €33,242 | +€15,526 | +87.6% |
| Taxes, remuneration and social security | 45 | €49,877 | €67,402 | +€17,525 | +35.1% |
| Taxes | 450/3 | €10,583 | €15,789 | +€5,206 | +49.2% |
| Remuneration and social security | 454/9 | €39,294 | €51,613 | +€12,319 | +31.4% |
| Other amounts payable | 47/48 | €587 | - | -€587 | |
| Turnover | 70 | €777,694 | €643,700 | -€133,994 | -17.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €468,258 | €420,209 | -€48,049 | -10.3% |
| Remuneration, social security and pensions | 62 | €226,038 | €226,120 | +€82 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,920 | €37,182 | -€15,738 | -29.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,100 | - | -€1,100 | |
| Other operating charges | 640/8 | €11,829 | €9,008 | -€2,821 | -23.8% |
| Gross operating margin | 9900 | €347,003 | €246,797 | -€100,206 | -28.9% |
| Operating profit (loss) | 9901 | €55,116 | -€25,513 | -€80,629 | |
| Financial income | 75/76B | €1,221 | €3,413 | +€2,192 | +179.5% |
| Recurring financial income | 75 | €1,221 | €3,413 | +€2,192 | +179.5% |
| Financial charges | 65/66B | €8,291 | €262,593 | +€254,302 | +3067.2% |
| Recurring financial charges | 65 | €8,291 | €3,005 | -€5,286 | -63.8% |
| Non-recurring financial charges | 66B | - | €259,588 | +€259,588 | |
| Profit (loss) for the period before taxes | 9903 | €48,046 | -€284,693 | -€332,739 | |
| Income taxes | 67/77 | €6,430 | - | -€6,430 | |
| Profit (loss) for the period | 9904 | €41,616 | -€284,693 | -€326,309 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,616 | -€284,693 | -€326,309 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.