SIRIUSA: 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.
SIRIUSA
Largest movements
- Tangible fixed assets -€57,367
down €57,367 (-28.0%), from €204,552 to €147,185
of which Other tangible fixed assets: -€50,030
- Stocks and contracts +€44,585
up €44,585 (+48.0%), from €92,926 to €137,511
- Receivables within one year -€10,873
down €10,873 (-38.6%), from €28,199 to €17,327
of which Other amounts receivable: -€7,188
- Cash +€8,825
up €8,825 (+25.0%), from €35,337 to €44,162
mainly Net result for the year (+€104,191) and Depreciation (+€59,406)
- Deferred charges and accrued income -€4,300
down €4,300 (-74.7%), from €5,756 to €1,456
- Profit (loss) carried forward +€104,191
up €104,191 (+44.3%), from -€234,984 to -€130,793
- Trade debts -€65,422
down €65,422 (-35.0%), from €187,173 to €121,751
- Debts after one year -€53,063
down €53,063 (-35.0%), from €151,467 to €98,404
- Accrued charges and deferred income -€21,800
down €21,800 (-35.7%), from €61,005 to €39,205
- Tax, wage and social debts +€6,418
up €6,418 (+27.8%), from €23,113 to €29,531
of which Remuneration and social security: +€6,695
- Gross operating margin +€77,568
up €77,568 (+32.3%), from €240,430 to €317,998
- Staff costs -€21,427
down €21,427 (-16.6%), from €129,180 to €107,754
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 | €366,770 | €347,640 | -€19,130 | -5.2% |
| Fixed assets | 21/28 | €204,552 | €147,185 | -€57,367 | -28.0% |
| Tangible fixed assets | 22/27 | €204,552 | €147,185 | -€57,367 | -28.0% |
| Plant, machinery and equipment | 23 | €23,944 | €19,215 | -€4,729 | -19.8% |
| Furniture and vehicles | 24 | €13,822 | €11,215 | -€2,607 | -18.9% |
| Other tangible fixed assets | 26 | €166,785 | €116,754 | -€50,030 | -30.0% |
| Current assets | 29/58 | €162,218 | €200,456 | +€38,237 | +23.6% |
| Stocks and contracts in progress | 3 | €92,926 | €137,511 | +€44,585 | +48.0% |
| Stocks | 30/36 | €92,926 | €137,511 | +€44,585 | +48.0% |
| Amounts receivable within one year | 40/41 | €28,199 | €17,327 | -€10,873 | -38.6% |
| Trade receivables | 40 | €3,684 | - | -€3,684 | |
| Other amounts receivable | 41 | €24,515 | €17,327 | -€7,188 | -29.3% |
| Cash at bank and in hand | 54/58 | €35,337 | €44,162 | +€8,825 | +25.0% |
| Deferred charges and accrued income | 490/1 | €5,756 | €1,456 | -€4,300 | -74.7% |
| Total equity and liabilities | 10/49 | €366,770 | €347,640 | -€19,130 | -5.2% |
| Equity | 10/15 | -€134,984 | -€30,793 | +€104,191 | +77.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Profit (loss) carried forward | 14 | -€234,984 | -€130,793 | +€104,191 | +44.3% |
| Amounts payable | 17/49 | €501,754 | €378,433 | -€123,321 | -24.6% |
| Amounts payable after more than one year | 17 | €151,467 | €98,404 | -€53,063 | -35.0% |
| Financial debts | 170/4 | €151,467 | €98,404 | -€53,063 | -35.0% |
| Amounts payable within one year | 42/48 | €289,282 | €240,824 | -€48,458 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €48,996 | €53,063 | +€4,067 | +8.3% |
| Financial debts | 43 | - | €248 | +€248 | |
| Credit institutions | 430/8 | - | €248 | +€248 | |
| Trade debts | 44 | €187,173 | €121,751 | -€65,422 | -35.0% |
| Suppliers | 440/4 | €187,173 | €121,751 | -€65,422 | -35.0% |
| Taxes, remuneration and social security | 45 | €23,113 | €29,531 | +€6,418 | +27.8% |
| Taxes | 450/3 | €1,540 | €1,263 | -€277 | -18.0% |
| Remuneration and social security | 454/9 | €21,573 | €28,268 | +€6,695 | +31.0% |
| Other amounts payable | 47/48 | €30,000 | €36,231 | +€6,231 | +20.8% |
| Accrued charges and deferred income | 492/3 | €61,005 | €39,205 | -€21,800 | -35.7% |
| Remuneration, social security and pensions | 62 | €129,180 | €107,754 | -€21,427 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,060 | €59,406 | +€2,346 | +4.1% |
| Other operating charges | 640/8 | €21,138 | €22,869 | +€1,731 | +8.2% |
| Gross operating margin | 9900 | €240,430 | €317,998 | +€77,568 | +32.3% |
| Operating profit (loss) | 9901 | €33,052 | €127,970 | +€94,918 | +287.2% |
| Financial income | 75/76B | €235 | €232 | -€3 | -1.2% |
| Recurring financial income | 75 | €235 | €232 | -€3 | -1.2% |
| Financial charges | 65/66B | €23,744 | €23,722 | -€22 | -0.1% |
| Recurring financial charges | 65 | €23,744 | €23,722 | -€22 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €9,543 | €104,480 | +€94,936 | +994.8% |
| Income taxes | 67/77 | €127 | €289 | +€162 | +127.7% |
| Profit (loss) for the period | 9904 | €9,417 | €104,191 | +€94,775 | +1006.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,417 | €104,191 | +€94,775 | +1006.5% |
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.