SIK: 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.
SIK
Largest movements
- Tangible fixed assets -€9,487
down €9,487 (-30.4%), from €31,216 to €21,729
of which Leasing and similar rights: -€5,852
- Intangible fixed assets +€1,949
new in 2025: €1,949
- Receivables within one year -€1,435
down €1,435 (-12.2%), from €11,714 to €10,279
of which Trade receivables: -€798
- Tax, wage and social debts -€7,602
down €7,602 (-42.8%), from €17,743 to €10,141
- Debts after one year -€6,014
down €6,014 (-39.9%), from €15,081 to €9,067
- Reserves +€4,157
up €4,157 (+16.5%), from €25,217 to €29,373
- Current portion of long-term debt +€767
up €767 (+14.6%), from €5,248 to €6,014
- Gross operating margin -€10,544
down €10,544 (-32.6%), from €32,356 to €21,812
- Taxes -€3,463
down €3,463 (-52.5%), from €6,602 to €3,139
- Depreciation +€2,129
up €2,129 (+23.1%), from €9,229 to €11,357
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.
Cash bridge derived
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 | €67,559 | €58,313 | -€9,246 | -13.7% |
| Formation expenses | 20 | €1,510 | €1,064 | -€446 | -29.5% |
| Fixed assets | 21/28 | €31,216 | €23,678 | -€7,538 | -24.1% |
| Intangible fixed assets | 21 | - | €1,949 | +€1,949 | |
| Tangible fixed assets | 22/27 | €31,216 | €21,729 | -€9,487 | -30.4% |
| Furniture and vehicles | 24 | €11,320 | €7,685 | -€3,635 | -32.1% |
| Leasing and similar rights | 25 | €19,896 | €14,044 | -€5,852 | -29.4% |
| Current assets | 29/58 | €34,833 | €33,572 | -€1,262 | -3.6% |
| Amounts receivable within one year | 40/41 | €11,714 | €10,279 | -€1,435 | -12.2% |
| Trade receivables | 40 | €11,078 | €10,279 | -€798 | -7.2% |
| Other amounts receivable | 41 | €637 | €0 | -€637 | -100.0% |
| Cash at bank and in hand | 54/58 | €22,245 | €22,170 | -€75 | -0.3% |
| Deferred charges and accrued income | 490/1 | €874 | €1,122 | +€248 | +28.3% |
| Total equity and liabilities | 10/49 | €67,559 | €58,313 | -€9,246 | -13.7% |
| Equity | 10/15 | €27,217 | €31,373 | +€4,157 | +15.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €25,217 | €29,373 | +€4,157 | +16.5% |
| Distributable reserves | 133 | €25,217 | €29,373 | +€4,157 | +16.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,342 | €26,940 | -€13,403 | -33.2% |
| Amounts payable after more than one year | 17 | €15,081 | €9,067 | -€6,014 | -39.9% |
| Financial debts | 170/4 | €15,081 | €9,067 | -€6,014 | -39.9% |
| Amounts payable within one year | 42/48 | €25,261 | €17,872 | -€7,389 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €5,248 | €6,014 | +€767 | +14.6% |
| Trade debts | 44 | €1,412 | €1,134 | -€277 | -19.6% |
| Suppliers | 440/4 | €1,412 | €1,134 | -€277 | -19.6% |
| Taxes, remuneration and social security | 45 | €17,743 | €10,141 | -€7,602 | -42.8% |
| Taxes | 450/3 | €17,743 | €10,141 | -€7,602 | -42.8% |
| Other amounts payable | 47/48 | €859 | €583 | -€276 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,229 | €11,357 | +€2,129 | +23.1% |
| Other operating charges | 640/8 | €775 | €892 | +€117 | +15.0% |
| Gross operating margin | 9900 | €32,356 | €21,812 | -€10,544 | -32.6% |
| Operating profit (loss) | 9901 | €22,353 | €9,564 | -€12,789 | -57.2% |
| Financial income | 75/76B | €110 | €0 | -€110 | -100.0% |
| Recurring financial income | 75 | €110 | €0 | -€110 | -100.0% |
| Financial charges | 65/66B | €1,694 | €1,435 | -€259 | -15.3% |
| Recurring financial charges | 65 | €1,694 | €1,435 | -€259 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €20,768 | €8,129 | -€12,639 | -60.9% |
| Income taxes | 67/77 | €6,602 | €3,139 | -€3,463 | -52.5% |
| Profit (loss) for the period | 9904 | €14,166 | €4,990 | -€9,176 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,166 | €4,990 | -€9,176 | -64.8% |
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 11 October 2026 via checked.be.