SIPI: what changed
Two fiscal 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.
SIPI
Largest movements
- Cash +€2,180
up €2,180 (+90.7%), from €2,403 to €4,583
mainly Other debts (+€11,000)
- Other debts +€11,000
up €11,000 (+28.4%), from €38,771 to €49,771
- Profit (loss) carried forward -€6,881
down €6,881, from €1,725 to -€5,156
- Trade debts -€1,939
no longer reported in 2025 (was €1,939)
- Gross operating margin +€5,937
up €5,937 (+50.3%), from -€11,809 to -€5,872
- Purchases and services +€5,872
new in 2025: €5,872
- Other operating charges -€3,466
down €3,466 (-81.0%), from €4,281 to €815
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 | €79,222 | €81,401 | +€2,180 | +2.8% |
| Fixed assets | 21/28 | €76,818 | €76,818 | = | 0.0% |
| Tangible fixed assets | 22/27 | €76,818 | €76,818 | = | 0.0% |
| Land and buildings | 22 | €76,818 | €76,818 | = | 0.0% |
| Current assets | 29/58 | €2,403 | €4,583 | +€2,180 | +90.7% |
| Cash at bank and in hand | 54/58 | €2,403 | €4,583 | +€2,180 | +90.7% |
| Total equity and liabilities | 10/49 | €79,222 | €81,401 | +€2,180 | +2.8% |
| Equity | 10/15 | €38,512 | €31,631 | -€6,881 | -17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,187 | €18,187 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €18,187 | €18,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,725 | -€5,156 | -€6,881 | |
| Amounts payable | 17/49 | €40,710 | €49,771 | +€9,061 | +22.3% |
| Amounts payable within one year | 42/48 | €40,710 | €49,771 | +€9,061 | +22.3% |
| Trade debts | 44 | €1,939 | - | -€1,939 | |
| Suppliers | 440/4 | €1,939 | - | -€1,939 | |
| Other amounts payable | 47/48 | €38,771 | €49,771 | +€11,000 | +28.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €5,872 | +€5,872 | |
| Other operating charges | 640/8 | €4,281 | €815 | -€3,466 | -81.0% |
| Gross operating margin | 9900 | -€11,809 | -€5,872 | +€5,937 | +50.3% |
| Operating profit (loss) | 9901 | -€16,089 | -€6,687 | +€9,402 | +58.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €186 | €195 | +€9 | +4.6% |
| Recurring financial charges | 65 | €186 | €195 | +€9 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,275 | -€6,881 | +€9,393 | +57.7% |
| Profit (loss) for the period | 9904 | -€16,275 | -€6,881 | +€9,393 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,275 | -€6,881 | +€9,393 | +57.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.