SIOUX: what changed
What changed
SIOUX
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€57,191
2024 · €45,633+€11,557
Equity
€50,964
2024 · -€6,226+€57,191
Cash
€130,889
2024 · €104,502+€26,387
Balance sheet total
€2.8m
2024 · €2.8m-€24,901
Largest movements
Assets
- Tangible fixed assets -€60,176
down €60,176 (-2.3%), from €2.6m to €2.6m
of which Land and buildings: -€51,712
Equity and liabilities
- Debts after one year -€98,906
down €98,906 (-3.7%), from €2.6m to €2.6m
- Reserves +€40,964
new in 2025: €40,964
Income statement
- Gross operating margin +€11,802
up €11,802 (+8.3%), from €142,842 to €154,645
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€45,633
Gross operating margin
+€11,802
Depreciation
-€284
Other operating charges
-€291
Financial income
+€260
Financial charges
+€70
Result 2025
€57,191
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€132,151
Investment
-€7,606
Financing
-€98,158
Cash 2024
€104,502
From operations (derived)
+€132,151
Net result for the year
+€57,191
Depreciation
+€67,782
Receivables within one year
-€8,779
Smaller working-capital items
-€281
Trade debts
+€503
Other debts
+€15,735
Investment (derived)
-€7,606
Investment in fixed assets (net)
-€7,606
Financing
-€98,158
Debts after one year
-€98,906
Current portion of long-term debt
+€748
Cash 2025
€130,889
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,782,631 | €2,757,730 | -€24,901 | -0.9% |
| Fixed assets | 21/28 | €2,644,544 | €2,584,368 | -€60,176 | -2.3% |
| Tangible fixed assets | 22/27 | €2,644,454 | €2,584,278 | -€60,176 | -2.3% |
| Land and buildings | 22 | €2,601,688 | €2,549,977 | -€51,712 | -2.0% |
| Plant, machinery and equipment | 23 | €42,766 | €34,302 | -€8,464 | -19.8% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €138,086 | €173,361 | +€35,275 | +25.5% |
| Amounts receivable within one year | 40/41 | €32,533 | €41,312 | +€8,779 | +27.0% |
| Trade receivables | 40 | €32,400 | €40,894 | +€8,494 | +26.2% |
| Other amounts receivable | 41 | €133 | €418 | +€285 | +215% |
| Cash at bank and in hand | 54/58 | €104,502 | €130,889 | +€26,387 | +25.3% |
| Deferred charges and accrued income | 490/1 | €1,052 | €1,161 | +€109 | +10.4% |
| Total equity and liabilities | 10/49 | €2,782,631 | €2,757,730 | -€24,901 | -0.9% |
| Equity | 10/15 | -€6,226 | €50,964 | +€57,191 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €40,964 | +€40,964 | |
| Distributable reserves | 133 | - | €40,964 | +€40,964 | |
| Profit (loss) carried forward | 14 | -€16,226 | €0 | +€16,226 | |
| Amounts payable | 17/49 | €2,788,857 | €2,706,765 | -€82,092 | -2.9% |
| Amounts payable after more than one year | 17 | €2,649,724 | €2,550,817 | -€98,906 | -3.7% |
| Financial debts | 170/4 | €2,649,724 | €2,550,817 | -€98,906 | -3.7% |
| Amounts payable within one year | 42/48 | €139,133 | €155,948 | +€16,815 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €98,158 | €98,906 | +€748 | +0.8% |
| Trade debts | 44 | €1,147 | €1,651 | +€503 | +43.9% |
| Suppliers | 440/4 | €1,147 | €1,651 | +€503 | +43.9% |
| Taxes, remuneration and social security | 45 | €10,139 | €9,967 | -€172 | -1.7% |
| Taxes | 450/3 | €10,139 | €9,967 | -€172 | -1.7% |
| Other amounts payable | 47/48 | €29,689 | €45,424 | +€15,735 | +53.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,499 | €67,782 | +€284 | +0.4% |
| Other operating charges | 640/8 | €9,315 | €9,606 | +€291 | +3.1% |
| Gross operating margin | 9900 | €142,842 | €154,645 | +€11,802 | +8.3% |
| Operating profit (loss) | 9901 | €66,029 | €77,256 | +€11,228 | +17.0% |
| Financial income | 75/76B | €1,241 | €1,501 | +€260 | +21.0% |
| Recurring financial income | 75 | €1,241 | €1,501 | +€260 | +21.0% |
| Financial charges | 65/66B | €21,636 | €21,566 | -€70 | -0.3% |
| Recurring financial charges | 65 | €21,636 | €21,566 | -€70 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €45,633 | €57,191 | +€11,557 | +25.3% |
| Profit (loss) for the period | 9904 | €45,633 | €57,191 | +€11,557 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,633 | €57,191 | +€11,557 | +25.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.