SIGO Consult: what changed
What changed
SIGO Consult
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€119,302
2024 · €1,671+€117,631
Equity
€721,146
2024 · €799,934-€78,789
Cash
€328,600
2024 · €638,992-€310,391
Balance sheet total
€1.0m
2024 · €1.4m-€396,227
Largest movements
Assets
- Cash -€310,391
down €310,391 (-48.6%), from €638,992 to €328,600
mainly Other debts (-€313,626) and Contributions, distributions and other (-€198,091)
- Receivables within one year -€61,912
down €61,912 (-69.5%), from €89,139 to €27,226
of which Trade receivables: -€31,511
- Tangible fixed assets -€51,308
down €51,308 (-7.7%), from €663,997 to €612,689
- Current investments +€24,884
up €24,884, from €0 to €24,884
Equity and liabilities
- Other debts -€313,626
down €313,626 (-92.2%), from €340,103 to €26,477
- Reserves -€78,789
down €78,789 (-10.1%), from €781,614 to €702,826
- Tax, wage and social debts +€67,794
up €67,794 (+537%), from €12,636 to €80,429
of which Taxes: +€67,794
- Debts after one year -€54,329
down €54,329 (-32.1%), from €169,087 to €114,758
Income statement
- Gross operating margin +€143,558
up €143,558 (+210%), from €68,429 to €211,987
- Taxes +€51,734
up €51,734 (+4,231%), from €1,223 to €52,956
- Financial income +€13,671
up €13,671 (+973%), from €1,406 to €15,077
- Financial charges -€12,619
down €12,619 (-61.2%), from €20,606 to €7,987
- Depreciation -€8,471
down €8,471 (-16.6%), from €51,162 to €42,690
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
€1,671
Gross operating margin
+€143,558
Staff costs
-€8,436
Depreciation
+€8,471
Other operating charges
-€519
Financial income
+€13,671
Financial charges
+€12,619
Taxes
-€51,734
Result 2025
€119,302
raises the resultlowers the result
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
-€40,112
Investment
-€16,266
Financing
-€254,013
Cash 2024
€638,992
From operations (derived)
-€40,112
Net result for the year
+€119,302
Depreciation
+€42,690
Receivables within one year
+€61,912
Deferred charges and accrued income
-€2,501
Trade debts
-€6,376
Tax, wage and social debts
+€67,794
Other debts
-€313,626
Accrued charges and deferred income
-€9,309
Investment (derived)
-€16,266
Investment in fixed assets (net)
+€8,618
Current investments
-€24,884
Financing
-€254,013
Debts after one year
-€54,329
Current portion of long-term debt
+€1,134
Short-term financial debts
-€2,727
Contributions, distributions and other
-€198,091
Cash 2025
€328,600
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,398,896 | €1,002,669 | -€396,227 | -28.3% |
| Fixed assets | 21/28 | €667,297 | €615,989 | -€51,308 | -7.7% |
| Tangible fixed assets | 22/27 | €663,997 | €612,689 | -€51,308 | -7.7% |
| Land and buildings | 22 | €574,412 | €548,805 | -€25,608 | -4.5% |
| Plant, machinery and equipment | 23 | €77,153 | €54,923 | -€22,230 | -28.8% |
| Furniture and vehicles | 24 | €12,431 | €8,961 | -€3,470 | -27.9% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €731,599 | €386,680 | -€344,919 | -47.1% |
| Amounts receivable within one year | 40/41 | €89,139 | €27,226 | -€61,912 | -69.5% |
| Trade receivables | 40 | €58,694 | €27,182 | -€31,511 | -53.7% |
| Other amounts receivable | 41 | €30,445 | €44 | -€30,401 | -99.9% |
| Current investments | 50/53 | €0 | €24,884 | +€24,884 | |
| Cash at bank and in hand | 54/58 | €638,992 | €328,600 | -€310,391 | -48.6% |
| Deferred charges and accrued income | 490/1 | €3,469 | €5,969 | +€2,501 | +72.1% |
| Total equity and liabilities | 10/49 | €1,398,896 | €1,002,669 | -€396,227 | -28.3% |
| Equity | 10/15 | €799,934 | €721,146 | -€78,789 | -9.8% |
| Contributions | 10/11 | €18,320 | €18,320 | = | 0.0% |
| Reserves | 13 | €781,614 | €702,826 | -€78,789 | -10.1% |
| Distributable reserves | 133 | €781,614 | €702,826 | -€78,789 | -10.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €598,961 | €281,523 | -€317,438 | -53.0% |
| Amounts payable after more than one year | 17 | €169,087 | €114,758 | -€54,329 | -32.1% |
| Financial debts | 170/4 | €169,087 | €114,758 | -€54,329 | -32.1% |
| Amounts payable within one year | 42/48 | €415,557 | €161,756 | -€253,801 | -61.1% |
| Current portion of amounts payable after more than one year | 42 | €53,195 | €54,329 | +€1,134 | +2.1% |
| Financial debts | 43 | €2,834 | €107 | -€2,727 | -96.2% |
| Credit institutions | 430/8 | €2,834 | €107 | -€2,727 | -96.2% |
| Trade debts | 44 | €6,789 | €413 | -€6,376 | -93.9% |
| Suppliers | 440/4 | €6,789 | €413 | -€6,376 | -93.9% |
| Taxes, remuneration and social security | 45 | €12,636 | €80,429 | +€67,794 | +537% |
| Taxes | 450/3 | €12,636 | €80,429 | +€67,794 | +537% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €340,103 | €26,477 | -€313,626 | -92.2% |
| Accrued charges and deferred income | 492/3 | €14,317 | €5,009 | -€9,309 | -65.0% |
| Non-recurring operating income | 76A | - | €785 | +€785 | |
| Remuneration, social security and pensions | 62 | -€8,436 | €0 | +€8,436 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,162 | €42,690 | -€8,471 | -16.6% |
| Other operating charges | 640/8 | €3,609 | €4,128 | +€519 | +14.4% |
| Gross operating margin | 9900 | €68,429 | €211,987 | +€143,558 | +210% |
| Operating profit (loss) | 9901 | €22,094 | €165,168 | +€143,074 | +648% |
| Financial income | 75/76B | €1,406 | €15,077 | +€13,671 | +973% |
| Recurring financial income | 75 | €1,406 | €15,077 | +€13,671 | +973% |
| Financial charges | 65/66B | €20,606 | €7,987 | -€12,619 | -61.2% |
| Recurring financial charges | 65 | €20,606 | €7,987 | -€12,619 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €2,894 | €172,258 | +€169,364 | +5,852% |
| Income taxes | 67/77 | €1,223 | €52,956 | +€51,734 | +4,231% |
| Profit (loss) for the period | 9904 | €1,671 | €119,302 | +€117,631 | +7,038% |
| Profit (loss) for the period to be appropriated | 9905 | €1,671 | €119,302 | +€117,631 | +7,038% |
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 8 November 2026 via checked.be.