SIRCONS: 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.
SIRCONS
Largest movements
- Deferred charges and accrued income +€16,800
new in 2025: €16,800
- Receivables within one year +€10,347
up €10,347 (+155%), from €6,661 to €17,008
of which Trade receivables: +€8,352
- Cash -€3,674
down €3,674 (-21.0%), from €17,471 to €13,797
mainly Deferred charges and accrued income (-€16,800) and Receivables within one year (-€10,347)
- Financial fixed assets +€2,500
up €2,500 (+2,753%), from €91 to €2,591
- Tangible fixed assets +€869
up €869 (+4.3%), from €20,084 to €20,952
- Profit (loss) carried forward +€37,449
up €37,449 (+188%), from €19,915 to €57,364
- Tax, wage and social debts -€5,303
down €5,303 (-33.0%), from €16,079 to €10,776
of which Remuneration and social security: -€13,240
- Other debts -€3,130
no longer reported in 2025 (was €3,130)
- Trade debts -€2,174
down €2,174 (-81.0%), from €2,683 to €509
- Gross operating margin +€42,540
up €42,540 (+346%), from €12,309 to €54,849
- Taxes +€7,923
up €7,923 (+472%), from €1,677 to €9,600
- Depreciation +€1,661
up €1,661 (+35.7%), from €4,648 to €6,309
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 | €44,307 | €71,148 | +€26,842 | +60.6% |
| Fixed assets | 21/28 | €20,174 | €23,543 | +€3,369 | +16.7% |
| Tangible fixed assets | 22/27 | €20,084 | €20,952 | +€869 | +4.3% |
| Furniture and vehicles | 24 | €20,084 | €20,952 | +€869 | +4.3% |
| Financial fixed assets | 28 | €91 | €2,591 | +€2,500 | +2,753% |
| Current assets | 29/58 | €24,132 | €47,605 | +€23,473 | +97.3% |
| Amounts receivable within one year | 40/41 | €6,661 | €17,008 | +€10,347 | +155% |
| Trade receivables | 40 | - | €8,352 | +€8,352 | |
| Other amounts receivable | 41 | €6,661 | €8,655 | +€1,995 | +29.9% |
| Cash at bank and in hand | 54/58 | €17,471 | €13,797 | -€3,674 | -21.0% |
| Deferred charges and accrued income | 490/1 | - | €16,800 | +€16,800 | |
| Total equity and liabilities | 10/49 | €44,307 | €71,148 | +€26,842 | +60.6% |
| Equity | 10/15 | €22,415 | €59,864 | +€37,449 | +167% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,915 | €57,364 | +€37,449 | +188% |
| Amounts payable | 17/49 | €21,892 | €11,285 | -€10,607 | -48.5% |
| Amounts payable within one year | 42/48 | €21,892 | €11,285 | -€10,607 | -48.5% |
| Trade debts | 44 | €2,683 | €509 | -€2,174 | -81.0% |
| Suppliers | 440/4 | €2,683 | €509 | -€2,174 | -81.0% |
| Taxes, remuneration and social security | 45 | €16,079 | €10,776 | -€5,303 | -33.0% |
| Taxes | 450/3 | €1,677 | €9,614 | +€7,937 | +473% |
| Remuneration and social security | 454/9 | €14,402 | €1,162 | -€13,240 | -91.9% |
| Other amounts payable | 47/48 | €3,130 | - | -€3,130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,648 | €6,309 | +€1,661 | +35.7% |
| Other operating charges | 640/8 | €902 | €1,359 | +€457 | +50.6% |
| Gross operating margin | 9900 | €12,309 | €54,849 | +€42,540 | +346% |
| Operating profit (loss) | 9901 | €6,758 | €47,181 | +€40,422 | +598% |
| Financial income | 75/76B | €2 | €7 | +€5 | +272% |
| Recurring financial income | 75 | €2 | €7 | +€5 | +272% |
| Financial charges | 65/66B | €148 | €139 | -€9 | -5.9% |
| Recurring financial charges | 65 | €148 | €139 | -€9 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €6,613 | €47,049 | +€40,436 | +612% |
| Income taxes | 67/77 | €1,677 | €9,600 | +€7,923 | +472% |
| Profit (loss) for the period | 9904 | €4,936 | €37,449 | +€32,513 | +659% |
| Profit (loss) for the period to be appropriated | 9905 | €4,936 | €37,449 | +€32,513 | +659% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.