SigTraCo: 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.
What changed
SigTraCo
NACE 43.212, Electrical installation work in industrial facilities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€349,356
2024 · €143,635+€205,721
Equity
€3.5m
2024 · €3.1m+€349,355
Cash
€64,569
2024 · €97,351-€32,782
Balance sheet total
€7.9m
2024 · €7.7m+€126,748
Largest movements
Assets
- Receivables within one year +€406,539
up €406,539 (+6.1%), from €6.6m to €7.0m
of which Trade receivables: +€1.7m
- Tangible fixed assets -€199,628
down €199,628 (-23.5%), from €850,246 to €650,618
of which Leasing and similar rights: -€210,366
Equity and liabilities
- Reserves +€349,355
up €349,355 (+11.5%), from €3.0m to €3.4m
of which Distributable reserves: +€263,856
- Debts after one year -€166,173
down €166,173 (-31.8%), from €522,185 to €356,013
Income statement
- Services and other goods +€369,468
up €369,468 (+23.3%), from €1.6m to €2.0m
- Turnover +€344,855
up €344,855 (+2.4%), from €14.1m to €14.5m
- Goods and materials -€323,494
down €323,494 (-3.4%), from €9.6m to €9.3m
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.
Result 2024
€143,635
Turnover
+€344,855
Other operating income
+€35,533
Goods and materials
+€323,494
Services and other goods
-€369,468
Staff costs
-€17,595
Depreciation
-€1,912
Other operating charges
+€1,366
Financial income
-€58,341
Financial charges
+€4,706
Taxes
-€56,917
Result 2025
€349,356
raises the resultlowers the result
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.
From operations
+€328,174
Investment
-€114,278
Financing
-€246,678
Cash 2024
€97,351
From operations (derived)
+€328,174
Net result for the year
+€349,356
Depreciation
+€314,411
Receivables within one year
-€406,539
Deferred charges and accrued income
+€46,875
Trade debts
-€25,326
Tax, wage and social debts
+€49,396
Investment (derived)
-€114,278
Investment in fixed assets (net)
-€114,278
Financing
-€246,678
Debts after one year
-€166,173
Current portion of long-term debt
-€38,741
Short-term financial debts
-€41,764
Contributions, distributions and other
-€1
Cash 2025
€64,569
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,727,272 | €7,854,020 | +€126,748 | +1.6% |
| Fixed assets | 21/28 | €928,835 | €728,702 | -€200,133 | -21.5% |
| Tangible fixed assets | 22/27 | €850,246 | €650,618 | -€199,628 | -23.5% |
| Plant, machinery and equipment | 23 | €57,644 | €56,198 | -€1,446 | -2.5% |
| Furniture and vehicles | 24 | €77,051 | €89,236 | +€12,185 | +15.8% |
| Leasing and similar rights | 25 | €715,551 | €505,185 | -€210,366 | -29.4% |
| Financial fixed assets | 28 | €78,589 | €78,084 | -€505 | -0.6% |
| Other financial fixed assets | 284/8 | €78,589 | €78,084 | -€505 | -0.6% |
| Shares | 284 | €6,250 | €6,250 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €72,339 | €71,834 | -€505 | -0.7% |
| Current assets | 29/58 | €6,798,437 | €7,125,318 | +€326,881 | +4.8% |
| Amounts receivable within one year | 40/41 | €6,627,211 | €7,033,750 | +€406,539 | +6.1% |
| Trade receivables | 40 | €2,047 | €1,749,913 | +€1.7m | +85,387% |
| Other amounts receivable | 41 | €6,625,164 | €5,283,837 | -€1.3m | -20.2% |
| Cash at bank and in hand | 54/58 | €97,351 | €64,569 | -€32,782 | -33.7% |
| Deferred charges and accrued income | 490/1 | €73,875 | €27,000 | -€46,875 | -63.5% |
| Total equity and liabilities | 10/49 | €7,727,272 | €7,854,020 | +€126,748 | +1.6% |
| Equity | 10/15 | €3,143,912 | €3,493,267 | +€349,355 | +11.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,043,912 | €3,393,267 | +€349,355 | +11.5% |
| Non-distributable reserves | 130/1 | €84,368 | €84,368 | +€0 | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Other | 1319 | €74,368 | €74,368 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €2,202,770 | €2,288,269 | +€85,499 | +3.9% |
| Distributable reserves | 133 | €756,774 | €1,020,630 | +€263,856 | +34.9% |
| Amounts payable | 17/49 | €4,583,360 | €4,360,753 | -€222,607 | -4.9% |
| Amounts payable after more than one year | 17 | €522,185 | €356,013 | -€166,173 | -31.8% |
| Financial debts | 170/4 | €522,185 | €356,013 | -€166,173 | -31.8% |
| Leasing and similar obligations | 172 | €522,185 | €356,013 | -€166,173 | -31.8% |
| Amounts payable within one year | 42/48 | €4,061,175 | €4,004,740 | -€56,435 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €202,234 | €163,493 | -€38,741 | -19.2% |
| Financial debts | 43 | €41,764 | - | -€41,764 | |
| Credit institutions | 430/8 | €41,764 | - | -€41,764 | |
| Trade debts | 44 | €3,411,008 | €3,385,682 | -€25,326 | -0.7% |
| Suppliers | 440/4 | €3,411,008 | €3,385,682 | -€25,326 | -0.7% |
| Taxes, remuneration and social security | 45 | €406,169 | €455,565 | +€49,396 | +12.2% |
| Taxes | 450/3 | €59,896 | €110,825 | +€50,929 | +85.0% |
| Remuneration and social security | 454/9 | €346,273 | €344,741 | -€1,532 | -0.4% |
| Operating income | 70/76A | €14,369,638 | €14,750,027 | +€380,389 | +2.6% |
| Turnover | 70 | €14,147,855 | €14,492,710 | +€344,855 | +2.4% |
| Other operating income | 74 | €221,783 | €257,316 | +€35,533 | +16.0% |
| Operating charges | 60/66A | €14,326,208 | €14,390,323 | +€64,115 | +0.4% |
| Goods for resale, raw materials and consumables | 60 | €9,608,708 | €9,285,214 | -€323,494 | -3.4% |
| Purchases | 600/8 | €9,608,708 | €9,285,214 | -€323,494 | -3.4% |
| Services and other goods | 61 | €1,587,437 | €1,956,905 | +€369,468 | +23.3% |
| Remuneration, social security and pensions | 62 | €2,788,693 | €2,806,288 | +€17,595 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312,499 | €314,411 | +€1,912 | +0.6% |
| Other operating charges | 640/8 | €28,871 | €27,505 | -€1,366 | -4.7% |
| Operating profit (loss) | 9901 | €43,430 | €359,704 | +€316,274 | +728% |
| Financial income | 75/76B | €173,352 | €115,011 | -€58,341 | -33.7% |
| Recurring financial income | 75 | €173,352 | €115,011 | -€58,341 | -33.7% |
| Income from financial fixed assets | 750 | €1,022 | €975 | -€47 | -4.6% |
| Income from current assets | 751 | €168,324 | €106,589 | -€61,735 | -36.7% |
| Other financial income | 752/9 | €4,006 | €7,447 | +€3,441 | +85.9% |
| Financial charges | 65/66B | €34,373 | €29,667 | -€4,706 | -13.7% |
| Recurring financial charges | 65 | €34,373 | €29,667 | -€4,706 | -13.7% |
| Debt charges | 650 | €28,312 | €24,979 | -€3,333 | -11.8% |
| Other financial charges | 652/9 | €6,061 | €4,688 | -€1,373 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €182,409 | €445,047 | +€262,638 | +144% |
| Income taxes | 67/77 | €38,774 | €95,691 | +€56,917 | +147% |
| Taxes | 670/3 | €40,307 | €100,292 | +€59,985 | +149% |
| Tax adjustments and reversals of tax provisions | 77 | €1,533 | €4,601 | +€3,068 | +200% |
| Profit (loss) for the period | 9904 | €143,635 | €349,356 | +€205,721 | +143% |
| Transfer to tax-exempt reserves | 689 | €54,500 | €85,500 | +€31,000 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €89,135 | €263,856 | +€174,721 | +196% |
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.