SIRA: 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.
SIRA
Largest movements
- Tangible fixed assets +€156,477
up €156,477 (+2120.1%), from €7,381 to €163,858
of which Land and buildings: +€149,000
- Receivables within one year -€117,492
down €117,492 (-42.4%), from €277,184 to €159,692
of which Trade receivables: -€194,288
- Intangible fixed assets +€44,282
new in 2024: €44,282
- Revaluation surpluses +€149,000
new in 2024: €149,000
- Other debts -€42,374
down €42,374 (-80.9%), from €52,374 to €10,000
- Advances received -€39,980
down €39,980 (-100.0%), from €39,980 to €0
- Profit (loss) carried forward +€13,414
up €13,414 (+41.5%), from €32,356 to €45,770
- Tax, wage and social debts +€4,053
up €4,053 (+31.3%), from €12,928 to €16,980
- Turnover +€434,276
up €434,276 (+363.3%), from €119,543 to €553,819
- Gross operating margin +€88,290
up €88,290 (+369.8%), from €23,872 to €112,163
- Other operating charges +€71,955
up €71,955, from €0 to €71,955
- Depreciation +€28,427
up €28,427 (+1248.0%), from €2,278 to €30,705
- Taxes -€5,555
down €5,555 (-100.0%), from €5,555 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,952 | €374,861 | +€82,909 | +28.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €7,381 | €208,140 | +€200,759 | +2720.0% |
| Intangible fixed assets | 21 | - | €44,282 | +€44,282 | |
| Tangible fixed assets | 22/27 | €7,381 | €163,858 | +€156,477 | +2120.1% |
| Land and buildings | 22 | - | €149,000 | +€149,000 | |
| Plant, machinery and equipment | 23 | €3,426 | €1,713 | -€1,713 | -50.0% |
| Furniture and vehicles | 24 | €0 | €9,755 | +€9,755 | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €3,955 | €3,390 | -€565 | -14.3% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €284,572 | €166,721 | -€117,850 | -41.4% |
| Stocks and contracts in progress | 3 | €7,021 | €7,021 | = | 0.0% |
| Stocks | 30/36 | €7,021 | €7,021 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €277,184 | €159,692 | -€117,492 | -42.4% |
| Trade receivables | 40 | €277,114 | €82,826 | -€194,288 | -70.1% |
| Other amounts receivable | 41 | €70 | €76,866 | +€76,796 | +109053.6% |
| Cash at bank and in hand | 54/58 | €64 | €9 | -€55 | -86.2% |
| Deferred charges and accrued income | 490/1 | €303 | €0 | -€303 | -100.0% |
| Total equity and liabilities | 10/49 | €291,952 | €374,861 | +€82,909 | +28.4% |
| Equity | 10/15 | €59,624 | €222,038 | +€162,414 | +272.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Outside capital | 11 | - | €24,789 | +€24,789 | |
| Other | 1109/19 | - | €24,789 | +€24,789 | |
| Revaluation surpluses | 12 | - | €149,000 | +€149,000 | |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €2,479 | +€2,479 | |
| Other | 1319 | €2,479 | - | -€2,479 | |
| Profit (loss) carried forward | 14 | €32,356 | €45,770 | +€13,414 | +41.5% |
| Amounts payable | 17/49 | €232,328 | €152,823 | -€79,505 | -34.2% |
| Amounts payable within one year | 42/48 | €232,328 | €152,823 | -€79,505 | -34.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €127,047 | €125,843 | -€1,203 | -0.9% |
| Suppliers | 440/4 | €127,047 | €125,843 | -€1,203 | -0.9% |
| Advances received on contracts in progress | 46 | €39,980 | €0 | -€39,980 | -100.0% |
| Taxes, remuneration and social security | 45 | €12,928 | €16,980 | +€4,053 | +31.3% |
| Taxes | 450/3 | €12,928 | €16,980 | +€4,053 | +31.3% |
| Other amounts payable | 47/48 | €52,374 | €10,000 | -€42,374 | -80.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €119,543 | €553,819 | +€434,276 | +363.3% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,278 | €30,705 | +€28,427 | +1248.0% |
| Other operating charges | 640/8 | €0 | €71,955 | +€71,955 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €23,872 | €112,163 | +€88,290 | +369.8% |
| Operating profit (loss) | 9901 | €21,595 | €9,503 | -€12,092 | -56.0% |
| Financial income | 75/76B | €0 | €4,522 | +€4,522 | |
| Recurring financial income | 75 | €0 | €4,522 | +€4,522 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €781 | €611 | -€171 | -21.8% |
| Recurring financial charges | 65 | €781 | €611 | -€171 | -21.8% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €20,813 | €13,414 | -€7,400 | -35.6% |
| Income taxes | 67/77 | €5,555 | €0 | -€5,555 | -100.0% |
| Profit (loss) for the period | 9904 | €15,259 | €13,414 | -€1,845 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,259 | €13,414 | -€1,845 | -12.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.