SIOS GROUP: 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.
SIOS GROUP
Largest movements
- Receivables within one year +€50,746
up €50,746 (+33.9%), from €149,484 to €200,230
of which Trade receivables: +€35,489
- Deferred charges and accrued income +€19,081
up €19,081 (+193%), from €9,897 to €28,978
- Intangible fixed assets -€11,780
down €11,780 (-20.4%), from €57,758 to €45,978
- Cash -€10,205
down €10,205 (-15.3%), from €66,530 to €56,325
mainly Receivables within one year (-€50,746) and Deferred charges and accrued income (-€19,081)
- Tangible fixed assets -€7,811
down €7,811 (-24.3%), from €32,198 to €24,388
of which Furniture and vehicles: -€6,614
- Tax, wage and social debts +€32,454
up €32,454 (+47.1%), from €68,878 to €101,332
of which Taxes: +€20,113
- Trade debts +€22,724
up €22,724 (+17.7%), from €128,511 to €151,235
- Short-term financial debts -€10,000
down €10,000 (-15.4%), from €65,000 to €55,000
- Debts after one year -€5,816
down €5,816 (-25.2%), from €23,045 to €17,229
- Profit (loss) carried forward +€4,533
up €4,533 (+6.2%), from €73,637 to €78,170
- Gross operating margin +€105,608
up €105,608 (+19.3%), from €545,922 to €651,531
- Staff costs +€87,601
up €87,601 (+17.5%), from €501,963 to €589,564
- Depreciation +€13,054
up €13,054 (+175%), from €7,439 to €20,493
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 | €396,116 | €436,148 | +€40,032 | +10.1% |
| Fixed assets | 21/28 | €170,204 | €150,614 | -€19,591 | -11.5% |
| Intangible fixed assets | 21 | €57,758 | €45,978 | -€11,780 | -20.4% |
| Tangible fixed assets | 22/27 | €32,198 | €24,388 | -€7,811 | -24.3% |
| Furniture and vehicles | 24 | €27,278 | €20,664 | -€6,614 | -24.2% |
| Other tangible fixed assets | 26 | €4,920 | €3,723 | -€1,197 | -24.3% |
| Financial fixed assets | 28 | €80,248 | €80,248 | = | 0.0% |
| Current assets | 29/58 | €225,912 | €285,534 | +€59,622 | +26.4% |
| Amounts receivable within one year | 40/41 | €149,484 | €200,230 | +€50,746 | +33.9% |
| Trade receivables | 40 | €132,361 | €167,850 | +€35,489 | +26.8% |
| Other amounts receivable | 41 | €17,123 | €32,381 | +€15,257 | +89.1% |
| Cash at bank and in hand | 54/58 | €66,530 | €56,325 | -€10,205 | -15.3% |
| Deferred charges and accrued income | 490/1 | €9,897 | €28,978 | +€19,081 | +193% |
| Total equity and liabilities | 10/49 | €396,116 | €436,148 | +€40,032 | +10.1% |
| Equity | 10/15 | €95,637 | €100,170 | +€4,533 | +4.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,637 | €78,170 | +€4,533 | +6.2% |
| Amounts payable | 17/49 | €300,479 | €335,977 | +€35,498 | +11.8% |
| Amounts payable after more than one year | 17 | €23,045 | €17,229 | -€5,816 | -25.2% |
| Financial debts | 170/4 | €23,045 | €17,229 | -€5,816 | -25.2% |
| Amounts payable within one year | 42/48 | €277,434 | €318,731 | +€41,297 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €11,100 | €7,219 | -€3,881 | -35.0% |
| Financial debts | 43 | €65,000 | €55,000 | -€10,000 | -15.4% |
| Credit institutions | 430/8 | €65,000 | €55,000 | -€10,000 | -15.4% |
| Trade debts | 44 | €128,511 | €151,235 | +€22,724 | +17.7% |
| Suppliers | 440/4 | €128,511 | €151,235 | +€22,724 | +17.7% |
| Taxes, remuneration and social security | 45 | €68,878 | €101,332 | +€32,454 | +47.1% |
| Taxes | 450/3 | €14,025 | €34,138 | +€20,113 | +143% |
| Remuneration and social security | 454/9 | €54,853 | €67,194 | +€12,341 | +22.5% |
| Other amounts payable | 47/48 | €3,945 | €3,945 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €18 | +€18 | |
| Non-recurring operating income | 76A | €4,338 | €2,424 | -€1,914 | -44.1% |
| Remuneration, social security and pensions | 62 | €501,963 | €589,564 | +€87,601 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,439 | €20,493 | +€13,054 | +175% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €875 | - | -€875 | |
| Other operating charges | 640/8 | €7,841 | €10,695 | +€2,854 | +36.4% |
| Gross operating margin | 9900 | €545,922 | €651,531 | +€105,608 | +19.3% |
| Operating profit (loss) | 9901 | €27,805 | €30,780 | +€2,974 | +10.7% |
| Financial income | 75/76B | €401 | €4,589 | +€4,187 | +1,043% |
| Recurring financial income | 75 | €401 | €4,589 | +€4,187 | +1,043% |
| Financial charges | 65/66B | €19,937 | €16,645 | -€3,292 | -16.5% |
| Recurring financial charges | 65 | €12,437 | €16,645 | +€4,208 | +33.8% |
| Non-recurring financial charges | 66B | €7,500 | - | -€7,500 | |
| Profit (loss) for the period before taxes | 9903 | €8,269 | €18,723 | +€10,454 | +126% |
| Income taxes | 67/77 | €12,663 | €14,190 | +€1,527 | +12.1% |
| Profit (loss) for the period | 9904 | -€4,394 | €4,533 | +€8,927 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,394 | €4,533 | +€8,927 |
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.