SIKIVIE: 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.
SIKIVIE
Largest movements
- Cash +€96,792
up €96,792 (+105%), from €92,593 to €189,385
mainly Depreciation (+€66,851) and Receivables within one year (+€39,094)
- Receivables within one year -€39,094
down €39,094 (-92.2%), from €42,423 to €3,329
of which Trade receivables: -€38,420
- Tangible fixed assets -€31,014
down €31,014 (-5.5%), from €561,257 to €530,243
of which Land and buildings: -€43,741
- Profit (loss) carried forward +€25,569
up €25,569 (+13.6%), from -€188,650 to -€163,081
- Trade debts +€15,080
up €15,080 (+288%), from €5,229 to €20,309
- Other debts -€13,883
down €13,883 (-4.0%), from €343,372 to €329,489
- Gross operating margin +€56,352
up €56,352 (+133%), from €42,464 to €98,816
- Depreciation -€4,888
down €4,888 (-6.8%), from €71,739 to €66,851
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 | €710,094 | €737,971 | +€27,876 | +3.9% |
| Fixed assets | 21/28 | €561,257 | €530,243 | -€31,014 | -5.5% |
| Tangible fixed assets | 22/27 | €561,257 | €530,243 | -€31,014 | -5.5% |
| Land and buildings | 22 | €479,174 | €435,433 | -€43,741 | -9.1% |
| Plant, machinery and equipment | 23 | €82,083 | €94,810 | +€12,727 | +15.5% |
| Current assets | 29/58 | €148,838 | €207,728 | +€58,890 | +39.6% |
| Stocks and contracts in progress | 3 | €4,598 | €4,598 | = | 0.0% |
| Stocks | 30/36 | €4,598 | €4,598 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,423 | €3,329 | -€39,094 | -92.2% |
| Trade receivables | 40 | €38,420 | - | -€38,420 | |
| Other amounts receivable | 41 | €4,003 | €3,329 | -€674 | -16.8% |
| Cash at bank and in hand | 54/58 | €92,593 | €189,385 | +€96,792 | +105% |
| Deferred charges and accrued income | 490/1 | €9,223 | €10,416 | +€1,192 | +12.9% |
| Total equity and liabilities | 10/49 | €710,094 | €737,971 | +€27,876 | +3.9% |
| Equity | 10/15 | €361,419 | €386,988 | +€25,569 | +7.1% |
| Contributions | 10/11 | €492,069 | €492,069 | = | 0.0% |
| Capital | 10 | €492,069 | €492,069 | = | 0.0% |
| Issued capital | 100 | €492,069 | €492,069 | = | 0.0% |
| Reserves | 13 | €58,000 | €58,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,000 | €18,000 | = | 0.0% |
| Legal reserve | 130 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€188,650 | -€163,081 | +€25,569 | +13.6% |
| Amounts payable | 17/49 | €348,676 | €350,983 | +€2,307 | +0.7% |
| Amounts payable within one year | 42/48 | €348,676 | €350,983 | +€2,307 | +0.7% |
| Trade debts | 44 | €5,229 | €20,309 | +€15,080 | +288% |
| Suppliers | 440/4 | €5,229 | €20,309 | +€15,080 | +288% |
| Taxes, remuneration and social security | 45 | €74 | €1,185 | +€1,110 | +1,498% |
| Taxes | 450/3 | €74 | €1,185 | +€1,110 | +1,498% |
| Other amounts payable | 47/48 | €343,372 | €329,489 | -€13,883 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,739 | €66,851 | -€4,888 | -6.8% |
| Other operating charges | 640/8 | €6,645 | €6,155 | -€490 | -7.4% |
| Non-recurring operating charges | 66A | €5,216 | - | -€5,216 | |
| Gross operating margin | 9900 | €42,464 | €98,816 | +€56,352 | +133% |
| Operating profit (loss) | 9901 | -€41,136 | €25,810 | +€66,946 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €53 | €65 | +€12 | +21.8% |
| Recurring financial charges | 65 | €53 | €65 | +€12 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | -€41,189 | €25,745 | +€66,934 | |
| Income taxes | 67/77 | €74 | €176 | +€102 | +138% |
| Profit (loss) for the period | 9904 | -€41,263 | €25,569 | +€66,832 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,263 | €25,569 | +€66,832 |
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 25 October 2026 via checked.be.