SipID: 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.
SipID
Largest movements
- Cash -€357,830
down €357,830 (-90.1%), from €396,955 to €39,125
mainly Current investments (-€290,000) and Receivables within one year (-€45,182)
- Current investments +€290,000
new in 2025: €290,000
- Receivables within one year +€45,182
up €45,182 (+11909.5%), from €379 to €45,562
of which Other amounts receivable: +€45,182
- Receivables after one year -€15,000
down €15,000 (-100.0%), from €15,000 to €0
- Tax, wage and social debts -€36,904
down €36,904 (-83.1%), from €44,395 to €7,491
- Reserves +€17,971
up €17,971 (+8.6%), from €210,001 to €227,972
- Accrued charges and deferred income -€15,750
down €15,750 (-38.5%), from €40,950 to €25,200
- Gross operating margin -€150,703
down €150,703 (-88.4%), from €170,438 to €19,735
- Taxes -€38,831
down €38,831 (-83.1%), from €46,750 to €7,920
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 | €427,145 | €389,009 | -€38,136 | -8.9% |
| Fixed assets | 21/28 | €13,418 | €11,627 | -€1,791 | -13.3% |
| Tangible fixed assets | 22/27 | €12,918 | €11,127 | -€1,791 | -13.9% |
| Furniture and vehicles | 24 | €12,918 | €11,127 | -€1,791 | -13.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €413,727 | €377,382 | -€36,344 | -8.8% |
| Amounts receivable after more than one year | 29 | €15,000 | €0 | -€15,000 | -100.0% |
| Other amounts receivable | 291 | €15,000 | €0 | -€15,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €379 | €45,562 | +€45,182 | +11909.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €379 | €45,562 | +€45,182 | +11909.5% |
| Current investments | 50/53 | - | €290,000 | +€290,000 | |
| Cash at bank and in hand | 54/58 | €396,955 | €39,125 | -€357,830 | -90.1% |
| Deferred charges and accrued income | 490/1 | €1,393 | €2,696 | +€1,303 | +93.6% |
| Total equity and liabilities | 10/49 | €427,145 | €389,009 | -€38,136 | -8.9% |
| Equity | 10/15 | €336,470 | €354,441 | +€17,971 | +5.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €210,001 | €227,972 | +€17,971 | +8.6% |
| Distributable reserves | 133 | €210,001 | €227,972 | +€17,971 | +8.6% |
| Profit (loss) carried forward | 14 | €121,469 | €121,469 | = | 0.0% |
| Amounts payable | 17/49 | €90,675 | €34,568 | -€56,107 | -61.9% |
| Amounts payable within one year | 42/48 | €49,725 | €9,368 | -€40,357 | -81.2% |
| Financial debts | 43 | - | €819 | +€819 | |
| Credit institutions | 430/8 | - | €819 | +€819 | |
| Trade debts | 44 | €1,639 | €1,058 | -€580 | -35.4% |
| Suppliers | 440/4 | €1,639 | €1,058 | -€580 | -35.4% |
| Taxes, remuneration and social security | 45 | €44,395 | €7,491 | -€36,904 | -83.1% |
| Taxes | 450/3 | €44,395 | €7,491 | -€36,904 | -83.1% |
| Other amounts payable | 47/48 | €3,692 | €0 | -€3,692 | -100.0% |
| Accrued charges and deferred income | 492/3 | €40,950 | €25,200 | -€15,750 | -38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,791 | €1,791 | = | 0.0% |
| Other operating charges | 640/8 | €171 | €520 | +€349 | +203.9% |
| Gross operating margin | 9900 | €170,438 | €19,735 | -€150,703 | -88.4% |
| Operating profit (loss) | 9901 | €168,476 | €17,424 | -€151,051 | -89.7% |
| Financial income | 75/76B | €8,595 | €8,616 | +€21 | +0.2% |
| Recurring financial income | 75 | €8,595 | €8,616 | +€21 | +0.2% |
| Financial charges | 65/66B | €136 | €149 | +€14 | +10.3% |
| Recurring financial charges | 65 | €136 | €149 | +€14 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €176,935 | €25,891 | -€151,044 | -85.4% |
| Income taxes | 67/77 | €46,750 | €7,920 | -€38,831 | -83.1% |
| Profit (loss) for the period | 9904 | €130,185 | €17,971 | -€112,213 | -86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €130,185 | €17,971 | -€112,213 | -86.2% |
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 10 October 2026 via checked.be.