SIGRID COX: 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.
SIGRID COX
Largest movements
- Tangible fixed assets -€8,267
down €8,267 (-32.0%), from €25,820 to €17,554
- Deferred charges and accrued income +€6,388
new in 2025: €6,388
- Receivables within one year -€5,828
down €5,828 (-46.3%), from €12,597 to €6,769
of which Trade receivables: -€5,993
- Current investments +€2,060
new in 2025: €2,060
- Cash -€1,051
no longer reported in 2025 (was €1,051)
mainly Net result for the year (-€7,210) and Deferred charges and accrued income (-€6,388)
- Profit (loss) carried forward -€7,210
down €7,210 (-26.5%), from -€27,207 to -€34,417
- Other debts +€3,247
up €3,247 (+6.4%), from €50,754 to €54,001
- Trade debts -€1,857
no longer reported in 2025 (was €1,857)
- Tax, wage and social debts -€878
down €878 (-38.8%), from €2,263 to €1,385
- Gross operating margin +€7,868
up €7,868, from -€6,802 to €1,066
- Other operating charges -€180
down €180 (-74.4%), from €242 to €62
- Financial income +€101
up €101 (+369%), from €27 to €128
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 | €39,468 | €32,770 | -€6,698 | -17.0% |
| Fixed assets | 21/28 | €25,820 | €17,554 | -€8,267 | -32.0% |
| Tangible fixed assets | 22/27 | €25,820 | €17,554 | -€8,267 | -32.0% |
| Furniture and vehicles | 24 | €25,820 | €17,554 | -€8,267 | -32.0% |
| Current assets | 29/58 | €13,648 | €15,216 | +€1,568 | +11.5% |
| Amounts receivable within one year | 40/41 | €12,597 | €6,769 | -€5,828 | -46.3% |
| Trade receivables | 40 | €12,398 | €6,405 | -€5,993 | -48.3% |
| Other amounts receivable | 41 | €198 | €364 | +€165 | +83.3% |
| Current investments | 50/53 | - | €2,060 | +€2,060 | |
| Cash at bank and in hand | 54/58 | €1,051 | - | -€1,051 | |
| Deferred charges and accrued income | 490/1 | - | €6,388 | +€6,388 | |
| Total equity and liabilities | 10/49 | €39,468 | €32,770 | -€6,698 | -17.0% |
| Equity | 10/15 | -€15,406 | -€22,617 | -€7,210 | -46.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €10,301 | €10,301 | = | 0.0% |
| Distributable reserves | 133 | €10,301 | €10,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,207 | -€34,417 | -€7,210 | -26.5% |
| Amounts payable | 17/49 | €54,874 | €55,386 | +€512 | +0.9% |
| Amounts payable within one year | 42/48 | €54,874 | €55,386 | +€512 | +0.9% |
| Trade debts | 44 | €1,857 | - | -€1,857 | |
| Suppliers | 440/4 | €1,857 | - | -€1,857 | |
| Taxes, remuneration and social security | 45 | €2,263 | €1,385 | -€878 | -38.8% |
| Taxes | 450/3 | €2,263 | €1,385 | -€878 | -38.8% |
| Other amounts payable | 47/48 | €50,754 | €54,001 | +€3,247 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,267 | €8,267 | -€0 | 0.0% |
| Other operating charges | 640/8 | €242 | €62 | -€180 | -74.4% |
| Gross operating margin | 9900 | -€6,802 | €1,066 | +€7,868 | |
| Operating profit (loss) | 9901 | -€15,311 | -€7,262 | +€8,049 | +52.6% |
| Financial income | 75/76B | €27 | €128 | +€101 | +369% |
| Recurring financial income | 75 | €27 | €128 | +€101 | +369% |
| Financial charges | 65/66B | €66 | €76 | +€10 | +15.2% |
| Recurring financial charges | 65 | €66 | €76 | +€10 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,350 | -€7,210 | +€8,139 | +53.0% |
| Profit (loss) for the period | 9904 | -€15,350 | -€7,210 | +€8,139 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,350 | -€7,210 | +€8,139 | +53.0% |
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 18 October 2026 via checked.be.