SIGREEN: 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.
SIGREEN
Largest movements
- Tangible fixed assets -€25,328
down €25,328 (-4.3%), from €583,174 to €557,846
- Deferred charges and accrued income +€8,168
up €8,168 (+1384.4%), from €590 to €8,758
- Debts after one year -€13,507
down €13,507 (-2.7%), from €496,274 to €482,767
of which Financial debts: -€35,055
- Profit (loss) carried forward -€6,865
down €6,865 (-9.7%), from -€70,437 to -€77,302
- Depreciation -€7,169
down €7,169 (-21.9%), from €32,748 to €25,579
- Other operating charges -€6,436
down €6,436 (-44.6%), from €14,432 to €7,996
- Gross operating margin +€5,629
up €5,629 (+16.8%), from €33,455 to €39,084
- Financial charges +€1,727
up €1,727 (+16.2%), from €10,647 to €12,374
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €584,016 | €566,604 | -€17,412 | -3.0% |
| Formation expenses | 20 | €252 | - | -€252 | |
| Fixed assets | 21/28 | €583,174 | €557,846 | -€25,328 | -4.3% |
| Tangible fixed assets | 22/27 | €583,174 | €557,846 | -€25,328 | -4.3% |
| Land and buildings | 22 | €583,174 | €557,846 | -€25,328 | -4.3% |
| Current assets | 29/58 | €590 | €8,758 | +€8,168 | +1384.4% |
| Deferred charges and accrued income | 490/1 | €590 | €8,758 | +€8,168 | +1384.4% |
| Total equity and liabilities | 10/49 | €584,016 | €566,604 | -€17,412 | -3.0% |
| Equity | 10/15 | -€10,437 | -€17,302 | -€6,865 | -65.8% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,437 | -€77,302 | -€6,865 | -9.7% |
| Amounts payable | 17/49 | €594,453 | €583,906 | -€10,547 | -1.8% |
| Amounts payable after more than one year | 17 | €496,274 | €482,767 | -€13,507 | -2.7% |
| Financial debts | 170/4 | €434,520 | €399,465 | -€35,055 | -8.1% |
| Other amounts payable | 178/9 | €61,754 | €83,302 | +€21,548 | +34.9% |
| Amounts payable within one year | 42/48 | €98,179 | €101,139 | +€2,960 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €37,779 | €35,055 | -€2,724 | -7.2% |
| Financial debts | 43 | €40,604 | €40,741 | +€137 | +0.3% |
| Credit institutions | 430/8 | €40,604 | €40,741 | +€137 | +0.3% |
| Trade debts | 44 | €14,818 | €14,865 | +€47 | +0.3% |
| Suppliers | 440/4 | €14,818 | €14,865 | +€47 | +0.3% |
| Other amounts payable | 47/48 | €4,978 | €10,478 | +€5,500 | +110.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,748 | €25,579 | -€7,169 | -21.9% |
| Other operating charges | 640/8 | €14,432 | €7,996 | -€6,436 | -44.6% |
| Gross operating margin | 9900 | €33,455 | €39,084 | +€5,629 | +16.8% |
| Operating profit (loss) | 9901 | -€13,725 | €5,509 | +€19,234 | |
| Financial charges | 65/66B | €10,647 | €12,374 | +€1,727 | +16.2% |
| Recurring financial charges | 65 | €10,647 | €12,374 | +€1,727 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,372 | -€6,865 | +€17,507 | +71.8% |
| Profit (loss) for the period | 9904 | -€24,372 | -€6,865 | +€17,507 | +71.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,372 | -€6,865 | +€17,507 | +71.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.