SIKANDO: 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.
SIKANDO
Largest movements
- Receivables within one year -€1,440
down €1,440 (-16.4%), from €8,784 to €7,344
- Cash -€1,330
down €1,330 (-7.3%), from €18,119 to €16,789
mainly Other debts (-€11,299) and Trade debts (-€6,336)
- Profit (loss) carried forward +€15,132
up €15,132 (+18.4%), from -€82,404 to -€67,272
- Other debts -€11,299
down €11,299 (-50.0%), from €22,613 to €11,314
- Trade debts -€6,336
down €6,336 (-57.0%), from €11,115 to €4,779
- Gross operating margin +€29,852
up €29,852, from -€14,248 to €15,604
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 | €26,902 | €24,133 | -€2,770 | -10.3% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €26,902 | €24,133 | -€2,770 | -10.3% |
| Amounts receivable within one year | 40/41 | €8,784 | €7,344 | -€1,440 | -16.4% |
| Trade receivables | 40 | €8,784 | €7,344 | -€1,440 | -16.4% |
| Cash at bank and in hand | 54/58 | €18,119 | €16,789 | -€1,330 | -7.3% |
| Total equity and liabilities | 10/49 | €26,902 | €24,133 | -€2,770 | -10.3% |
| Equity | 10/15 | -€7,894 | €7,238 | +€15,132 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,910 | €55,910 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,772 | €3,772 | = | 0.0% |
| Distributable reserves | 133 | €52,137 | €52,137 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,404 | -€67,272 | +€15,132 | +18.4% |
| Amounts payable | 17/49 | €34,796 | €16,895 | -€17,901 | -51.4% |
| Amounts payable within one year | 42/48 | €34,796 | €16,895 | -€17,901 | -51.4% |
| Trade debts | 44 | €11,115 | €4,779 | -€6,336 | -57.0% |
| Suppliers | 440/4 | €11,115 | €4,779 | -€6,336 | -57.0% |
| Taxes, remuneration and social security | 45 | €1,069 | €802 | -€267 | -24.9% |
| Taxes | 450/3 | €1,069 | €802 | -€267 | -24.9% |
| Other amounts payable | 47/48 | €22,613 | €11,314 | -€11,299 | -50.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€14,248 | €15,604 | +€29,852 | |
| Operating profit (loss) | 9901 | -€14,635 | €15,205 | +€29,840 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €68 | €73 | +€5 | +6.7% |
| Recurring financial charges | 65 | €68 | €73 | +€5 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,704 | €15,132 | +€29,835 | |
| Profit (loss) for the period | 9904 | -€14,704 | €15,132 | +€29,835 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,704 | €15,132 | +€29,835 |
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.