SIJSALA: 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.
SIJSALA
Largest movements
- Receivables within one year +€45,826
up €45,826 (+25.3%), from €180,853 to €226,679
of which Other amounts receivable: +€61,028
- Deferred charges and accrued income +€30,544
up €30,544, from €0 to €30,544
- Cash +€16,700
up €16,700 (+662%), from €2,523 to €19,223
mainly Trade debts (+€85,570) and Depreciation (+€12,073)
- Tangible fixed assets -€10,081
down €10,081 (-50.9%), from €19,797 to €9,716
- Trade debts +€85,570
up €85,570, from €0 to €85,570
- Gross operating margin -€35,093
down €35,093 (-98.6%), from €35,577 to €483
- Taxes -€21,786
down €21,786 (-100%), from €21,786 to €0
- Financial income +€4,433
up €4,433 (+84.4%), from €5,255 to €9,688
- Depreciation -€587
down €587 (-4.6%), from €12,660 to €12,073
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 | €203,173 | €286,162 | +€82,989 | +40.8% |
| Fixed assets | 21/28 | €19,797 | €9,716 | -€10,081 | -50.9% |
| Tangible fixed assets | 22/27 | €19,797 | €9,716 | -€10,081 | -50.9% |
| Furniture and vehicles | 24 | €19,797 | €9,716 | -€10,081 | -50.9% |
| Current assets | 29/58 | €183,376 | €276,446 | +€93,070 | +50.8% |
| Amounts receivable within one year | 40/41 | €180,853 | €226,679 | +€45,826 | +25.3% |
| Trade receivables | 40 | €26,025 | €10,823 | -€15,202 | -58.4% |
| Other amounts receivable | 41 | €154,828 | €215,857 | +€61,028 | +39.4% |
| Cash at bank and in hand | 54/58 | €2,523 | €19,223 | +€16,700 | +662% |
| Deferred charges and accrued income | 490/1 | €0 | €30,544 | +€30,544 | |
| Total equity and liabilities | 10/49 | €203,173 | €286,162 | +€82,989 | +40.8% |
| Equity | 10/15 | €179,388 | €176,645 | -€2,743 | -1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €100,215 | €100,215 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €100,215 | €100,215 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,973 | €70,230 | -€2,743 | -3.8% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €23,785 | €109,517 | +€85,732 | +360% |
| Amounts payable within one year | 42/48 | €23,785 | €106,906 | +€83,122 | +349% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €611 | €0 | -€611 | -100% |
| Credit institutions | 430/8 | €611 | €0 | -€611 | -100% |
| Trade debts | 44 | €0 | €85,570 | +€85,570 | |
| Suppliers | 440/4 | €0 | €85,570 | +€85,570 | |
| Taxes, remuneration and social security | 45 | €23,173 | €21,336 | -€1,837 | -7.9% |
| Taxes | 450/3 | €23,173 | €21,336 | -€1,837 | -7.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €2,610 | +€2,610 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,660 | €12,073 | -€587 | -4.6% |
| Other operating charges | 640/8 | €902 | €612 | -€290 | -32.1% |
| Gross operating margin | 9900 | €35,577 | €483 | -€35,093 | -98.6% |
| Operating profit (loss) | 9901 | €22,014 | -€12,202 | -€34,216 | |
| Financial income | 75/76B | €5,255 | €9,688 | +€4,433 | +84.4% |
| Recurring financial income | 75 | €5,255 | €9,688 | +€4,433 | +84.4% |
| Financial charges | 65/66B | €283 | €229 | -€54 | -19.2% |
| Recurring financial charges | 65 | €283 | €229 | -€54 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €26,986 | -€2,743 | -€29,729 | |
| Income taxes | 67/77 | €21,786 | €0 | -€21,786 | -100% |
| Profit (loss) for the period | 9904 | €5,200 | -€2,743 | -€7,943 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,200 | -€2,743 | -€7,943 |
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.