Sirius: 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.
Sirius
Largest movements
- Tangible fixed assets +€24,050
up €24,050 (+1379.7%), from €1,743 to €25,794
of which Leasing and similar rights: +€24,958
- Cash -€21,018
down €21,018 (-37.2%), from €56,483 to €35,465
mainly Contributions, distributions and other (-€113,392) and Investment in fixed assets (net) (-€25,994)
- Current investments +€16,000
up €16,000 (+18.3%), from €87,500 to €103,500
- Receivables within one year -€5,877
down €5,877 (-29.8%), from €19,727 to €13,850
of which Trade receivables: -€3,749
- Reserves -€45,028
down €45,028 (-39.7%), from €113,392 to €68,364
- Other debts +€41,818
up €41,818 (+112.5%), from €37,179 to €78,997
- Debts after one year +€18,806
new in 2025: €18,806
- Tax, wage and social debts -€4,889
down €4,889 (-48.7%), from €10,044 to €5,156
- Current portion of long-term debt +€4,772
new in 2025: €4,772
- Gross operating margin +€6,300
up €6,300 (+7.2%), from €87,673 to €93,973
- Financial charges +€1,430
up €1,430 (+46.0%), from €3,106 to €4,535
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 | €166,222 | €179,537 | +€13,314 | +8.0% |
| Fixed assets | 21/28 | €1,743 | €25,794 | +€24,050 | +1379.7% |
| Tangible fixed assets | 22/27 | €1,743 | €25,794 | +€24,050 | +1379.7% |
| Furniture and vehicles | 24 | €1,743 | €836 | -€907 | -52.1% |
| Leasing and similar rights | 25 | - | €24,958 | +€24,958 | |
| Current assets | 29/58 | €164,479 | €153,743 | -€10,736 | -6.5% |
| Amounts receivable within one year | 40/41 | €19,727 | €13,850 | -€5,877 | -29.8% |
| Trade receivables | 40 | €17,600 | €13,850 | -€3,749 | -21.3% |
| Other amounts receivable | 41 | €2,128 | - | -€2,128 | |
| Current investments | 50/53 | €87,500 | €103,500 | +€16,000 | +18.3% |
| Cash at bank and in hand | 54/58 | €56,483 | €35,465 | -€21,018 | -37.2% |
| Deferred charges and accrued income | 490/1 | €769 | €927 | +€159 | +20.7% |
| Total equity and liabilities | 10/49 | €166,222 | €179,537 | +€13,314 | +8.0% |
| Equity | 10/15 | €114,642 | €69,614 | -€45,028 | -39.3% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Reserves | 13 | €113,392 | €68,364 | -€45,028 | -39.7% |
| Distributable reserves | 133 | €113,392 | €68,364 | -€45,028 | -39.7% |
| Amounts payable | 17/49 | €51,581 | €109,923 | +€58,342 | +113.1% |
| Amounts payable after more than one year | 17 | - | €18,806 | +€18,806 | |
| Financial debts | 170/4 | - | €18,806 | +€18,806 | |
| Amounts payable within one year | 42/48 | €51,581 | €90,638 | +€39,057 | +75.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,772 | +€4,772 | |
| Trade debts | 44 | €4,357 | €1,713 | -€2,644 | -60.7% |
| Suppliers | 440/4 | €4,357 | €1,713 | -€2,644 | -60.7% |
| Taxes, remuneration and social security | 45 | €10,044 | €5,156 | -€4,889 | -48.7% |
| Taxes | 450/3 | €10,044 | €5,156 | -€4,889 | -48.7% |
| Other amounts payable | 47/48 | €37,179 | €78,997 | +€41,818 | +112.5% |
| Accrued charges and deferred income | 492/3 | - | €480 | +€480 | |
| Non-recurring operating income | 76A | - | €963 | +€963 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,223 | €1,943 | -€280 | -12.6% |
| Other operating charges | 640/8 | €1,100 | €1,043 | -€57 | -5.2% |
| Gross operating margin | 9900 | €87,673 | €93,973 | +€6,300 | +7.2% |
| Operating profit (loss) | 9901 | €84,350 | €90,987 | +€6,637 | +7.9% |
| Financial income | 75/76B | €1 | €1 | +€0 | +54.4% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +54.4% |
| Financial charges | 65/66B | €3,106 | €4,535 | +€1,430 | +46.0% |
| Recurring financial charges | 65 | €3,106 | €4,535 | +€1,430 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €81,245 | €86,453 | +€5,207 | +6.4% |
| Income taxes | 67/77 | €17,650 | €18,089 | +€439 | +2.5% |
| Profit (loss) for the period | 9904 | €63,596 | €68,364 | +€4,768 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,596 | €68,364 | +€4,768 | +7.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.