SIRIUS INSIGHT: 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.
SIRIUS INSIGHT
Largest movements
- Receivables within one year +€74,872
up €74,872 (+25.6%), from €291,926 to €366,798
- Cash +€54,980
up €54,980 (+36.8%), from €149,485 to €204,465
mainly Depreciation (+€95,304) and Accrued charges and deferred income (+€66,446)
- Current investments -€45,000
no longer reported in 2025 (was €45,000)
- Deferred charges and accrued income +€41,169
up €41,169 (+1,043%), from €3,948 to €45,116
- Accrued charges and deferred income +€66,446
up €66,446 (+20.5%), from €324,200 to €390,646
- Tax, wage and social debts +€41,893
up €41,893 (+56.3%), from €74,419 to €116,311
of which Taxes: +€40,212
- Profit (loss) carried forward +€19,843
new in 2025: €19,843
- Trade debts -€10,453
down €10,453 (-12.3%), from €85,310 to €74,857
- Gross operating margin +€121,110
up €121,110 (+26.3%), from €460,802 to €581,912
- Depreciation +€19,134
up €19,134 (+25.1%), from €76,171 to €95,304
- Staff costs +€14,993
up €14,993 (+3.3%), from €451,247 to €466,239
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 | €809,105 | €926,833 | +€117,728 | +14.6% |
| Fixed assets | 21/28 | €318,746 | €310,454 | -€8,292 | -2.6% |
| Intangible fixed assets | 21 | €309,985 | €308,403 | -€1,583 | -0.5% |
| Tangible fixed assets | 22/27 | €8,663 | €1,954 | -€6,709 | -77.4% |
| Plant, machinery and equipment | 23 | €258 | €151 | -€107 | -41.4% |
| Furniture and vehicles | 24 | €8,405 | €1,803 | -€6,603 | -78.6% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €490,359 | €616,380 | +€126,020 | +25.7% |
| Amounts receivable within one year | 40/41 | €291,926 | €366,798 | +€74,872 | +25.6% |
| Trade receivables | 40 | €291,926 | €366,798 | +€74,872 | +25.6% |
| Current investments | 50/53 | €45,000 | - | -€45,000 | |
| Cash at bank and in hand | 54/58 | €149,485 | €204,465 | +€54,980 | +36.8% |
| Deferred charges and accrued income | 490/1 | €3,948 | €45,116 | +€41,169 | +1,043% |
| Total equity and liabilities | 10/49 | €809,105 | €926,833 | +€117,728 | +14.6% |
| Equity | 10/15 | €325,175 | €345,018 | +€19,843 | +6.1% |
| Contributions | 10/11 | €295,704 | €295,704 | = | 0.0% |
| Contributions outside capital | 11 | €295,704 | €295,704 | = | 0.0% |
| Share premium | 1100/10 | - | €295,704 | +€295,704 | |
| Other | 1109/19 | €295,704 | - | -€295,704 | |
| Reserves | 13 | €29,472 | €29,472 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,508 | €2,508 | = | 0.0% |
| Distributable reserves | 133 | €26,963 | €26,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €19,843 | +€19,843 | |
| Amounts payable | 17/49 | €483,929 | €581,815 | +€97,885 | +20.2% |
| Amounts payable within one year | 42/48 | €159,729 | €191,169 | +€31,439 | +19.7% |
| Trade debts | 44 | €85,310 | €74,857 | -€10,453 | -12.3% |
| Suppliers | 440/4 | €85,310 | €74,857 | -€10,453 | -12.3% |
| Taxes, remuneration and social security | 45 | €74,419 | €116,311 | +€41,893 | +56.3% |
| Taxes | 450/3 | €14,811 | €55,023 | +€40,212 | +272% |
| Remuneration and social security | 454/9 | €59,608 | €61,289 | +€1,680 | +2.8% |
| Accrued charges and deferred income | 492/3 | €324,200 | €390,646 | +€66,446 | +20.5% |
| Remuneration, social security and pensions | 62 | €451,247 | €466,239 | +€14,993 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,171 | €95,304 | +€19,134 | +25.1% |
| Other operating charges | 640/8 | €457 | €470 | +€12 | +2.7% |
| Gross operating margin | 9900 | €460,802 | €581,912 | +€121,110 | +26.3% |
| Operating profit (loss) | 9901 | -€67,072 | €19,899 | +€86,972 | |
| Financial income | 75/76B | €978 | €633 | -€345 | -35.3% |
| Recurring financial income | 75 | €978 | €633 | -€345 | -35.3% |
| Financial charges | 65/66B | €736 | €421 | -€316 | -42.9% |
| Recurring financial charges | 65 | €736 | €421 | -€316 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | -€66,831 | €20,111 | +€86,942 | |
| Income taxes | 67/77 | €1,323 | €268 | -€1,055 | -79.7% |
| Profit (loss) for the period | 9904 | -€68,154 | €19,843 | +€87,997 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68,154 | €19,843 | +€87,997 |
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 22 October 2026 via checked.be.