SIPOPO: 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.
SIPOPO
Largest movements
- Cash +€29,793
up €29,793 (+15.2%), from €196,480 to €226,273
mainly Net result for the year (+€66,966) and Depreciation (+€1,362)
- Reserves +€66,966
up €66,966 (+41.9%), from €159,671 to €226,638
- Other debts -€18,074
down €18,074 (-82.2%), from €22,000 to €3,926
- Tax, wage and social debts -€15,054
down €15,054 (-85.5%), from €17,604 to €2,550
- Gross operating margin +€10,982
up €10,982 (+12.8%), from €85,909 to €96,891
- Taxes +€2,443
up €2,443 (+9.7%), from €25,054 to €27,497
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 | €213,072 | €246,037 | +€32,965 | +15.5% |
| Fixed assets | 21/28 | €1,635 | €2,041 | +€407 | +24.9% |
| Tangible fixed assets | 22/27 | €1,635 | €2,041 | +€407 | +24.9% |
| Furniture and vehicles | 24 | €1,635 | €2,041 | +€407 | +24.9% |
| Current assets | 29/58 | €211,438 | €243,996 | +€32,558 | +15.4% |
| Amounts receivable within one year | 40/41 | €379 | €2,503 | +€2,124 | +560.9% |
| Other amounts receivable | 41 | €379 | €2,503 | +€2,124 | +560.9% |
| Cash at bank and in hand | 54/58 | €196,480 | €226,273 | +€29,793 | +15.2% |
| Deferred charges and accrued income | 490/1 | €14,579 | €15,220 | +€641 | +4.4% |
| Total equity and liabilities | 10/49 | €213,072 | €246,037 | +€32,965 | +15.5% |
| Equity | 10/15 | €172,071 | €239,038 | +€66,966 | +38.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €159,671 | €226,638 | +€66,966 | +41.9% |
| Distributable reserves | 133 | €159,671 | €226,638 | +€66,966 | +41.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,001 | €6,999 | -€34,001 | -82.9% |
| Amounts payable within one year | 42/48 | €41,001 | €6,999 | -€34,001 | -82.9% |
| Trade debts | 44 | €1,396 | €523 | -€873 | -62.5% |
| Suppliers | 440/4 | €1,396 | €523 | -€873 | -62.5% |
| Taxes, remuneration and social security | 45 | €17,604 | €2,550 | -€15,054 | -85.5% |
| Taxes | 450/3 | €17,604 | €2,550 | -€15,054 | -85.5% |
| Other amounts payable | 47/48 | €22,000 | €3,926 | -€18,074 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,111 | €1,362 | +€251 | +22.6% |
| Other operating charges | 640/8 | €1,058 | €978 | -€80 | -7.6% |
| Gross operating margin | 9900 | €85,909 | €96,891 | +€10,982 | +12.8% |
| Operating profit (loss) | 9901 | €83,740 | €94,551 | +€10,811 | +12.9% |
| Financial income | 75/76B | €17 | €4 | -€13 | -76.2% |
| Recurring financial income | 75 | €17 | €4 | -€13 | -76.2% |
| Financial charges | 65/66B | €94 | €92 | -€3 | -3.0% |
| Recurring financial charges | 65 | €94 | €92 | -€3 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €83,663 | €94,463 | +€10,801 | +12.9% |
| Income taxes | 67/77 | €25,054 | €27,497 | +€2,443 | +9.7% |
| Profit (loss) for the period | 9904 | €58,608 | €66,966 | +€8,358 | +14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,608 | €66,966 | +€8,358 | +14.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.