SignWay Solutions: 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.
SignWay Solutions
Largest movements
- Receivables within one year +€45,803
up €45,803 (+214%), from €21,438 to €67,241
of which Trade receivables: +€45,407
- Cash -€2,525
down €2,525 (-20.8%), from €12,168 to €9,642
mainly Receivables within one year (-€45,803) and Deferred charges and accrued income (-€133)
- Reserves +€13,542
new in 2025: €13,542
- Trade debts +€10,926
up €10,926 (+56.3%), from €19,393 to €30,320
- Tax, wage and social debts +€8,786
up €8,786 (+514%), from €1,710 to €10,496
- Other debts +€7,310
up €7,310 (+78.2%), from €9,350 to €16,660
- Profit (loss) carried forward +€1,867
up €1,867, from -€1,867 to €0
- Gross operating margin +€22,710
up €22,710, from -€1,237 to €21,474
- Taxes +€3,619
up €3,619 (+10,274%), from €35 to €3,654
- Financial charges +€840
up €840 (+177%), from €474 to €1,314
- Write-downs +€664
new in 2025: €664
- Depreciation +€232
up €232 (+1,282%), from €18 to €250
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 | €38,587 | €81,018 | +€42,431 | +110% |
| Fixed assets | 21/28 | €2,482 | €2,232 | -€250 | -10.1% |
| Intangible fixed assets | 21 | €2,482 | €2,232 | -€250 | -10.1% |
| Current assets | 29/58 | €36,105 | €78,786 | +€42,681 | +118% |
| Stocks and contracts in progress | 3 | €1,651 | €921 | -€729 | -44.2% |
| Stocks | 30/36 | €1,651 | €0 | -€1,651 | -100% |
| Contracts in progress | 37 | - | €921 | +€921 | |
| Amounts receivable within one year | 40/41 | €21,438 | €67,241 | +€45,803 | +214% |
| Trade receivables | 40 | €21,438 | €66,844 | +€45,407 | +212% |
| Other amounts receivable | 41 | - | €396 | +€396 | |
| Cash at bank and in hand | 54/58 | €12,168 | €9,642 | -€2,525 | -20.8% |
| Deferred charges and accrued income | 490/1 | €849 | €982 | +€133 | +15.6% |
| Total equity and liabilities | 10/49 | €38,587 | €81,018 | +€42,431 | +110% |
| Equity | 10/15 | €8,133 | €23,542 | +€15,409 | +189% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €13,542 | +€13,542 | |
| Distributable reserves | 133 | - | €13,542 | +€13,542 | |
| Profit (loss) carried forward | 14 | -€1,867 | €0 | +€1,867 | |
| Amounts payable | 17/49 | €30,454 | €57,476 | +€27,022 | +88.7% |
| Amounts payable within one year | 42/48 | €30,454 | €57,476 | +€27,022 | +88.7% |
| Trade debts | 44 | €19,393 | €30,320 | +€10,926 | +56.3% |
| Suppliers | 440/4 | €19,393 | €30,320 | +€10,926 | +56.3% |
| Taxes, remuneration and social security | 45 | €1,710 | €10,496 | +€8,786 | +514% |
| Taxes | 450/3 | €1,710 | €10,496 | +€8,786 | +514% |
| Other amounts payable | 47/48 | €9,350 | €16,660 | +€7,310 | +78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18 | €250 | +€232 | +1,282% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €664 | +€664 | |
| Other operating charges | 640/8 | €103 | €200 | +€97 | +94.1% |
| Gross operating margin | 9900 | -€1,237 | €21,474 | +€22,710 | |
| Operating profit (loss) | 9901 | -€1,358 | €20,360 | +€21,717 | |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €474 | €1,314 | +€840 | +177% |
| Recurring financial charges | 65 | €474 | €1,314 | +€840 | +177% |
| Profit (loss) for the period before taxes | 9903 | -€1,832 | €19,062 | +€20,894 | |
| Income taxes | 67/77 | €35 | €3,654 | +€3,619 | +10,274% |
| Profit (loss) for the period | 9904 | -€1,867 | €15,409 | +€17,276 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,867 | €15,409 | +€17,276 |
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 30 October 2026 via checked.be.