SIGPRA: 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.
SIGPRA
Largest movements
- Stocks and contracts +€13,201
up €13,201 (+2.7%), from €497,619 to €510,820
- Other debts +€18,336
up €18,336 (+15.4%), from €118,986 to €137,322
- Gross operating margin +€1,289
up €1,289 (+54.2%), from -€2,378 to -€1,089
- Financial charges +€165
up €165 (+12.2%), from €1,352 to €1,517
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 | €525,065 | €537,146 | +€12,081 | +2.3% |
| Current assets | 29/58 | €525,065 | €537,146 | +€12,081 | +2.3% |
| Stocks and contracts in progress | 3 | €497,619 | €510,820 | +€13,201 | +2.7% |
| Stocks | 30/36 | €497,619 | €510,820 | +€13,201 | +2.7% |
| Amounts receivable within one year | 40/41 | €27,345 | €25,893 | -€1,452 | -5.3% |
| Trade receivables | 40 | €25,212 | €23,760 | -€1,452 | -5.8% |
| Other amounts receivable | 41 | €2,133 | €2,133 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €102 | €433 | +€332 | +327% |
| Total equity and liabilities | 10/49 | €525,065 | €537,146 | +€12,081 | +2.3% |
| Equity | 10/15 | €19,450 | €15,398 | -€4,053 | -20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,977 | €4,977 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,117 | €3,117 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,126 | -€8,179 | -€4,053 | -98.2% |
| Amounts payable | 17/49 | €505,615 | €521,748 | +€16,133 | +3.2% |
| Amounts payable within one year | 42/48 | €501,399 | €518,603 | +€17,205 | +3.4% |
| Financial debts | 43 | €320,000 | €320,000 | = | 0.0% |
| Credit institutions | 430/8 | €320,000 | €320,000 | = | 0.0% |
| Trade debts | 44 | €62,413 | €61,281 | -€1,131 | -1.8% |
| Suppliers | 440/4 | €62,413 | €61,281 | -€1,131 | -1.8% |
| Other amounts payable | 47/48 | €118,986 | €137,322 | +€18,336 | +15.4% |
| Accrued charges and deferred income | 492/3 | €4,216 | €3,145 | -€1,071 | -25.4% |
| Other operating charges | 640/8 | €1,434 | €1,446 | +€12 | +0.8% |
| Gross operating margin | 9900 | -€2,378 | -€1,089 | +€1,289 | +54.2% |
| Operating profit (loss) | 9901 | -€3,812 | -€2,535 | +€1,277 | +33.5% |
| Financial charges | 65/66B | €1,352 | €1,517 | +€165 | +12.2% |
| Recurring financial charges | 65 | €1,352 | €1,517 | +€165 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,164 | -€4,053 | +€1,112 | +21.5% |
| Profit (loss) for the period | 9904 | -€5,164 | -€4,053 | +€1,112 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,164 | -€4,053 | +€1,112 | +21.5% |
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 22 October 2026 via checked.be.