Siraa: 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.
Siraa
Largest movements
- Receivables within one year +€40,297
up €40,297 (+146%), from €27,514 to €67,812
of which Other amounts receivable: +€27,673
- Cash -€16,326
down €16,326 (-24.8%), from €65,865 to €49,538
mainly Contributions, distributions and other (-€113,555) and Receivables within one year (-€40,297)
- Tangible fixed assets -€5,589
down €5,589 (-30.1%), from €18,570 to €12,982
of which Leasing and similar rights: -€6,817
- Other debts +€60,029
up €60,029 (+765,674%), from €8 to €60,037
- Debts after one year -€34,713
down €34,713 (-15.8%), from €219,344 to €184,630
- Tax, wage and social debts -€6,101
down €6,101 (-46.2%), from €13,192 to €7,091
- Financial income +€36,084
up €36,084 (+8,291%), from €435 to €36,519
- Gross operating margin -€9,821
down €9,821 (-8.1%), from €121,511 to €111,690
- Taxes -€9,111
down €9,111 (-30.1%), from €30,270 to €21,159
- Staff costs -€1,748
down €1,748 (-100%), from €1,748 to €0
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.
Derived cash bridge
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 | €477,051 | €495,141 | +€18,090 | +3.8% |
| Fixed assets | 21/28 | €381,728 | €376,139 | -€5,589 | -1.5% |
| Tangible fixed assets | 22/27 | €18,570 | €12,982 | -€5,589 | -30.1% |
| Furniture and vehicles | 24 | €435 | €1,664 | +€1,228 | +282% |
| Leasing and similar rights | 25 | €18,135 | €11,318 | -€6,817 | -37.6% |
| Financial fixed assets | 28 | €363,157 | €363,157 | = | 0.0% |
| Current assets | 29/58 | €95,323 | €119,002 | +€23,679 | +24.8% |
| Amounts receivable within one year | 40/41 | €27,514 | €67,812 | +€40,297 | +146% |
| Trade receivables | 40 | €22,654 | €35,278 | +€12,624 | +55.7% |
| Other amounts receivable | 41 | €4,860 | €32,534 | +€27,673 | +569% |
| Cash at bank and in hand | 54/58 | €65,865 | €49,538 | -€16,326 | -24.8% |
| Deferred charges and accrued income | 490/1 | €1,944 | €1,652 | -€292 | -15.0% |
| Total equity and liabilities | 10/49 | €477,051 | €495,141 | +€18,090 | +3.8% |
| Equity | 10/15 | €208,968 | €207,751 | -€1,217 | -0.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €202,751 | €202,751 | = | 0.0% |
| Distributable reserves | 133 | €202,751 | €202,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,217 | €0 | -€1,217 | -100% |
| Amounts payable | 17/49 | €268,082 | €287,390 | +€19,308 | +7.2% |
| Amounts payable after more than one year | 17 | €219,344 | €184,630 | -€34,713 | -15.8% |
| Financial debts | 170/4 | €219,344 | €184,630 | -€34,713 | -15.8% |
| Amounts payable within one year | 42/48 | €48,739 | €102,760 | +€54,021 | +111% |
| Current portion of amounts payable after more than one year | 42 | €33,724 | €34,713 | +€990 | +2.9% |
| Trade debts | 44 | €1,815 | €919 | -€896 | -49.4% |
| Suppliers | 440/4 | €1,815 | €919 | -€896 | -49.4% |
| Taxes, remuneration and social security | 45 | €13,192 | €7,091 | -€6,101 | -46.2% |
| Taxes | 450/3 | €13,192 | €7,091 | -€6,101 | -46.2% |
| Other amounts payable | 47/48 | €8 | €60,037 | +€60,029 | +765,674% |
| Remuneration, social security and pensions | 62 | €1,748 | €0 | -€1,748 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,871 | €7,324 | +€453 | +6.6% |
| Other operating charges | 640/8 | €1,375 | €1,316 | -€59 | -4.3% |
| Gross operating margin | 9900 | €121,511 | €111,690 | -€9,821 | -8.1% |
| Operating profit (loss) | 9901 | €111,517 | €103,050 | -€8,467 | -7.6% |
| Financial income | 75/76B | €435 | €36,519 | +€36,084 | +8,291% |
| Recurring financial income | 75 | €435 | €36,519 | +€36,084 | +8,291% |
| Financial charges | 65/66B | €6,915 | €6,072 | -€843 | -12.2% |
| Recurring financial charges | 65 | €6,915 | €6,072 | -€843 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €105,038 | €133,497 | +€28,459 | +27.1% |
| Income taxes | 67/77 | €30,270 | €21,159 | -€9,111 | -30.1% |
| Profit (loss) for the period | 9904 | €74,768 | €112,338 | +€37,570 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,768 | €112,338 | +€37,570 | +50.2% |
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 28 October 2026 via checked.be.