SIPRESS: 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.
SIPRESS
Largest movements
- Tangible fixed assets -€38,528
down €38,528 (-5.2%), from €738,235 to €699,707
- Receivables within one year -€14,248
down €14,248 (-35.6%), from €40,001 to €25,753
of which Other amounts receivable: -€15,570
- Debts after one year -€45,000
down €45,000 (-20.5%), from €220,008 to €175,008
of which Financial debts: -€215,000
- Current portion of long-term debt -€9,000
down €9,000 (-16.7%), from €54,000 to €45,000
- Financial charges +€24,674
up €24,674, from -€22,440 to €2,234
- Provisions -€22,500
no longer reported in 2025 (was €22,500)
- Taxes -€5,661
down €5,661 (-74.8%), from €7,571 to €1,910
- Financial income -€5,005
down €5,005 (-100.0%), from €5,005 to €0
of which Non-recurring financial income: -€5,005
- Other operating charges -€3,230
down €3,230 (-18.2%), from €17,757 to €14,527
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 | €781,267 | €726,741 | -€54,526 | -7.0% |
| Fixed assets | 21/28 | €738,235 | €699,707 | -€38,528 | -5.2% |
| Tangible fixed assets | 22/27 | €738,235 | €699,707 | -€38,528 | -5.2% |
| Land and buildings | 22 | €738,235 | €699,707 | -€38,528 | -5.2% |
| Current assets | 29/58 | €43,032 | €27,034 | -€15,998 | -37.2% |
| Amounts receivable within one year | 40/41 | €40,001 | €25,753 | -€14,248 | -35.6% |
| Trade receivables | 40 | €10,363 | €11,686 | +€1,323 | +12.8% |
| Other amounts receivable | 41 | €29,637 | €14,067 | -€15,570 | -52.5% |
| Cash at bank and in hand | 54/58 | €3,031 | €1,281 | -€1,750 | -57.7% |
| Total equity and liabilities | 10/49 | €781,267 | €726,741 | -€54,526 | -7.0% |
| Equity | 10/15 | €288,695 | €289,740 | +€1,045 | +0.4% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €11,000 | +€1,000 | +10.0% |
| Non-distributable reserves | 130/1 | €10,000 | €11,000 | +€1,000 | +10.0% |
| Legal reserve | 130 | €10,000 | €11,000 | +€1,000 | +10.0% |
| Profit (loss) carried forward | 14 | €118,695 | €118,740 | +€45 | 0.0% |
| Provisions and deferred taxes | 16 | €22,500 | €22,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €22,500 | €22,500 | = | 0.0% |
| Major repairs and maintenance | 162 | €22,500 | €22,500 | = | 0.0% |
| Amounts payable | 17/49 | €470,072 | €414,501 | -€55,571 | -11.8% |
| Amounts payable after more than one year | 17 | €220,008 | €175,008 | -€45,000 | -20.5% |
| Financial debts | 170/4 | €215,000 | - | -€215,000 | |
| Other amounts payable | 178/9 | €5,008 | €175,008 | +€170,000 | +3394.6% |
| Amounts payable within one year | 42/48 | €250,064 | €239,493 | -€10,571 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €54,000 | €45,000 | -€9,000 | -16.7% |
| Trade debts | 44 | €64,209 | €67,907 | +€3,698 | +5.8% |
| Suppliers | 440/4 | €64,209 | €67,907 | +€3,698 | +5.8% |
| Taxes, remuneration and social security | 45 | €26,805 | €25,147 | -€1,659 | -6.2% |
| Taxes | 450/3 | €26,357 | €24,216 | -€2,141 | -8.1% |
| Remuneration and social security | 454/9 | €448 | €931 | +€483 | +107.8% |
| Other amounts payable | 47/48 | €105,049 | €101,439 | -€3,610 | -3.4% |
| Remuneration, social security and pensions | 62 | €17,400 | €18,981 | +€1,580 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,528 | €38,528 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,667 | €16,952 | +€1,285 | +8.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €22,500 | - | -€22,500 | |
| Other operating charges | 640/8 | €17,757 | €14,527 | -€3,230 | -18.2% |
| Gross operating margin | 9900 | €95,125 | €94,176 | -€949 | -1.0% |
| Operating profit (loss) | 9901 | -€16,727 | €5,189 | +€21,916 | |
| Financial income | 75/76B | €5,005 | €0 | -€5,005 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1800.0% |
| Non-recurring financial income | 76B | €5,005 | - | -€5,005 | |
| Financial charges | 65/66B | -€22,440 | €2,234 | +€24,674 | |
| Recurring financial charges | 65 | -€22,440 | €2,234 | +€24,674 | |
| Profit (loss) for the period before taxes | 9903 | €10,718 | €2,955 | -€7,763 | -72.4% |
| Income taxes | 67/77 | €7,571 | €1,910 | -€5,661 | -74.8% |
| Profit (loss) for the period | 9904 | €3,147 | €1,045 | -€2,102 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,147 | €1,045 | -€2,102 | -66.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.