Sigtechnica: 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.
Sigtechnica
Largest movements
- Cash -€34,444
down €34,444 (-40.7%), from €84,633 to €50,190
mainly Contributions, distributions and other (-€60,532) and Investment in fixed assets (net) (-€34,432)
- Tangible fixed assets +€26,626
up €26,626 (+1,355%), from €1,965 to €28,592
of which Land and buildings: +€19,166
- Receivables within one year -€8,845
down €8,845 (-27.1%), from €32,630 to €23,785
of which Trade receivables: -€11,948
- Financial fixed assets +€6,194
up €6,194 (+92.1%), from €6,723 to €12,917
- Current investments +€4,978
up €4,978 (+30.3%), from €16,448 to €21,426
- Other debts -€27,262
down €27,262 (-52.1%), from €52,294 to €25,032
- Debts after one year +€21,315
new in 2025: €21,315
- Reserves -€8,450
down €8,450 (-25.6%), from €33,036 to €24,586
- Profit (loss) carried forward +€5,434
up €5,434 (+15.1%), from €36,082 to €41,516
- Current portion of long-term debt +€5,318
new in 2025: €5,318
- Gross operating margin -€29,095
down €29,095 (-26.7%), from €108,901 to €79,806
- Taxes -€7,344
down €7,344 (-30.8%), from €23,832 to €16,489
- Financial income -€1,749
down €1,749 (-93.7%), from €1,867 to €118
- Financial charges +€1,489
up €1,489 (+70.6%), from €2,110 to €3,599
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 | €142,549 | €137,977 | -€4,572 | -3.2% |
| Fixed assets | 21/28 | €8,688 | €41,509 | +€32,821 | +378% |
| Tangible fixed assets | 22/27 | €1,965 | €28,592 | +€26,626 | +1,355% |
| Land and buildings | 22 | - | €19,166 | +€19,166 | |
| Plant, machinery and equipment | 23 | - | €2,793 | +€2,793 | |
| Furniture and vehicles | 24 | €1,965 | €6,633 | +€4,667 | +237% |
| Financial fixed assets | 28 | €6,723 | €12,917 | +€6,194 | +92.1% |
| Current assets | 29/58 | €133,861 | €96,468 | -€37,392 | -27.9% |
| Amounts receivable within one year | 40/41 | €32,630 | €23,785 | -€8,845 | -27.1% |
| Trade receivables | 40 | €30,186 | €18,238 | -€11,948 | -39.6% |
| Other amounts receivable | 41 | €2,444 | €5,547 | +€3,103 | +127% |
| Current investments | 50/53 | €16,448 | €21,426 | +€4,978 | +30.3% |
| Cash at bank and in hand | 54/58 | €84,633 | €50,190 | -€34,444 | -40.7% |
| Deferred charges and accrued income | 490/1 | €149 | €1,067 | +€918 | +615% |
| Total equity and liabilities | 10/49 | €142,549 | €137,977 | -€4,572 | -3.2% |
| Equity | 10/15 | €74,718 | €71,702 | -€3,016 | -4.0% |
| Contributions | 10/11 | €5,600 | €5,600 | = | 0.0% |
| Reserves | 13 | €33,036 | €24,586 | -€8,450 | -25.6% |
| Distributable reserves | 133 | €33,036 | €24,586 | -€8,450 | -25.6% |
| Profit (loss) carried forward | 14 | €36,082 | €41,516 | +€5,434 | +15.1% |
| Amounts payable | 17/49 | €67,831 | €66,275 | -€1,556 | -2.3% |
| Amounts payable after more than one year | 17 | - | €21,315 | +€21,315 | |
| Financial debts | 170/4 | - | €21,315 | +€21,315 | |
| Amounts payable within one year | 42/48 | €67,831 | €44,960 | -€22,871 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,318 | +€5,318 | |
| Trade debts | 44 | €0 | €4,360 | +€4,360 | |
| Suppliers | 440/4 | €0 | €4,360 | +€4,360 | |
| Taxes, remuneration and social security | 45 | €15,537 | €10,250 | -€5,286 | -34.0% |
| Taxes | 450/3 | €15,537 | €10,250 | -€5,286 | -34.0% |
| Other amounts payable | 47/48 | €52,294 | €25,032 | -€27,262 | -52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €627 | €1,611 | +€983 | +157% |
| Other operating charges | 640/8 | €565 | €709 | +€144 | +25.5% |
| Gross operating margin | 9900 | €108,901 | €79,806 | -€29,095 | -26.7% |
| Operating profit (loss) | 9901 | €107,709 | €77,486 | -€30,223 | -28.1% |
| Financial income | 75/76B | €1,867 | €118 | -€1,749 | -93.7% |
| Recurring financial income | 75 | €1,867 | €118 | -€1,749 | -93.7% |
| Financial charges | 65/66B | €2,110 | €3,599 | +€1,489 | +70.6% |
| Recurring financial charges | 65 | €2,110 | €3,599 | +€1,489 | +70.6% |
| Profit (loss) for the period before taxes | 9903 | €107,466 | €74,004 | -€33,461 | -31.1% |
| Income taxes | 67/77 | €23,832 | €16,489 | -€7,344 | -30.8% |
| Profit (loss) for the period | 9904 | €83,633 | €57,516 | -€26,118 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €83,633 | €57,516 | -€26,118 | -31.2% |
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 14 October 2026 via checked.be.