SirAcc: 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.
SirAcc
Largest movements
- Tangible fixed assets +€751,255
up €751,255 (+686.1%), from €109,503 to €860,758
of which Land and buildings: +€651,924
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Intangible fixed assets -€34,378
down €34,378 (-12.5%), from €275,025 to €240,647
- Cash -€22,487
down €22,487 (-26.0%), from €86,493 to €64,007
mainly Investment in fixed assets (net) (-€792,639) and Contributions, distributions and other (-€75,362)
- Deferred charges and accrued income +€21,036
up €21,036 (+47.5%), from €44,254 to €65,290
- Debts after one year +€606,740
up €606,740 (+228.9%), from €265,059 to €871,799
- Reserves -€69,517
down €69,517 (-32.9%), from €211,615 to €142,098
of which Distributable reserves: -€57,285
- Other debts +€50,076
up €50,076 (+238.7%), from €20,980 to €71,057
- Trade debts +€34,924
up €34,924 (+146.6%), from €23,825 to €58,749
- Current portion of long-term debt +€31,765
up €31,765 (+65.5%), from €48,531 to €80,296
- Gross operating margin -€90,894
down €90,894 (-19.0%), from €478,771 to €387,877
- Taxes -€17,440
down €17,440 (-69.1%), from €25,250 to €7,810
- Staff costs -€17,367
down €17,367 (-6.4%), from €271,459 to €254,093
- Other operating charges -€16,252
down €16,252 (-49.0%), from €33,178 to €16,925
- Financial charges +€14,724
up €14,724 (+71.5%), from €20,588 to €35,312
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 | €674,982 | €1,333,986 | +€659,004 | +97.6% |
| Fixed assets | 21/28 | €384,529 | €1,101,405 | +€716,877 | +186.4% |
| Intangible fixed assets | 21 | €275,025 | €240,647 | -€34,378 | -12.5% |
| Tangible fixed assets | 22/27 | €109,503 | €860,758 | +€751,255 | +686.1% |
| Land and buildings | 22 | €72,468 | €724,392 | +€651,924 | +899.6% |
| Furniture and vehicles | 24 | €37,035 | €136,366 | +€99,332 | +268.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €290,453 | €232,580 | -€57,873 | -19.9% |
| Amounts receivable within one year | 40/41 | €109,706 | €103,284 | -€6,422 | -5.9% |
| Trade receivables | 40 | €99,068 | €93,728 | -€5,340 | -5.4% |
| Other amounts receivable | 41 | €10,637 | €9,556 | -€1,082 | -10.2% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €86,493 | €64,007 | -€22,487 | -26.0% |
| Deferred charges and accrued income | 490/1 | €44,254 | €65,290 | +€21,036 | +47.5% |
| Total equity and liabilities | 10/49 | €674,982 | €1,333,986 | +€659,004 | +97.6% |
| Equity | 10/15 | €230,215 | €160,698 | -€69,517 | -30.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €211,615 | €142,098 | -€69,517 | -32.9% |
| Tax-exempt reserves | 132 | €15,976 | €3,744 | -€12,232 | -76.6% |
| Distributable reserves | 133 | €195,639 | €138,354 | -€57,285 | -29.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €6,299 | €0 | -€6,299 | -100.0% |
| Deferred taxes | 168 | €6,299 | €0 | -€6,299 | -100.0% |
| Amounts payable | 17/49 | €438,468 | €1,173,288 | +€734,820 | +167.6% |
| Amounts payable after more than one year | 17 | €265,059 | €871,799 | +€606,740 | +228.9% |
| Financial debts | 170/4 | €265,059 | €871,799 | +€606,740 | +228.9% |
| Amounts payable within one year | 42/48 | €158,995 | €290,877 | +€131,883 | +82.9% |
| Current portion of amounts payable after more than one year | 42 | €48,531 | €80,296 | +€31,765 | +65.5% |
| Trade debts | 44 | €23,825 | €58,749 | +€34,924 | +146.6% |
| Suppliers | 440/4 | €23,825 | €58,749 | +€34,924 | +146.6% |
| Taxes, remuneration and social security | 45 | €65,658 | €80,775 | +€15,117 | +23.0% |
| Taxes | 450/3 | €26,096 | €34,134 | +€8,037 | +30.8% |
| Remuneration and social security | 454/9 | €39,562 | €46,641 | +€7,079 | +17.9% |
| Other amounts payable | 47/48 | €20,980 | €71,057 | +€50,076 | +238.7% |
| Accrued charges and deferred income | 492/3 | €14,415 | €10,611 | -€3,803 | -26.4% |
| Remuneration, social security and pensions | 62 | €271,459 | €254,093 | -€17,367 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,232 | €75,762 | -€13,470 | -15.1% |
| Other operating charges | 640/8 | €33,178 | €16,925 | -€16,252 | -49.0% |
| Non-recurring operating charges | 66A | €0 | €214 | +€214 | |
| Gross operating margin | 9900 | €478,771 | €387,877 | -€90,894 | -19.0% |
| Operating profit (loss) | 9901 | €84,902 | €40,883 | -€44,019 | -51.8% |
| Financial income | 75/76B | €968 | €1,785 | +€817 | +84.3% |
| Recurring financial income | 75 | €968 | €1,785 | +€817 | +84.3% |
| Financial charges | 65/66B | €20,588 | €35,312 | +€14,724 | +71.5% |
| Recurring financial charges | 65 | €20,588 | €35,312 | +€14,724 | +71.5% |
| Profit (loss) for the period before taxes | 9903 | €65,283 | €7,356 | -€57,927 | -88.7% |
| Transfer from deferred taxes | 780 | €4,029 | €6,299 | +€2,270 | +56.3% |
| Income taxes | 67/77 | €25,250 | €7,810 | -€17,440 | -69.1% |
| Profit (loss) for the period | 9904 | €44,061 | €5,845 | -€38,216 | -86.7% |
| Transfer from tax-exempt reserves | 789 | €7,824 | €12,232 | +€4,408 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,885 | €18,077 | -€33,808 | -65.2% |
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 12 October 2026 via checked.be.