Sirma: 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.
Sirma
Largest movements
- Tangible fixed assets -€17,498
down €17,498 (-36.0%), from €48,545 to €31,047
of which Furniture and vehicles: -€12,166
- Stocks and contracts -€2,723
down €2,723 (-4.1%), from €65,959 to €63,236
- Cash -€1,782
down €1,782 (-14.0%), from €12,734 to €10,952
mainly Debts after one year (-€27,310) and Trade debts (-€14,869)
- Receivables within one year +€1,775
up €1,775 (+537%), from €330 to €2,105
- Debts after one year -€27,310
no longer reported in 2025 (was €27,310)
- Profit (loss) carried forward +€15,634
up €15,634 (+26.6%), from €58,705 to €74,338
- Trade debts -€14,869
down €14,869 (-62.0%), from €23,970 to €9,101
- Current portion of long-term debt +€13,986
new in 2025: €13,986
- Tax, wage and social debts -€8,267
down €8,267 (-40.9%), from €20,195 to €11,927
of which Remuneration and social security: -€9,579
- Purchases and services -€498,758
no longer reported in 2025 (was €498,758)
- Taxes -€9,157
down €9,157 (-73.4%), from €12,477 to €3,320
- Depreciation -€2,538
down €2,538 (-12.7%), from €20,037 to €17,498
- Gross operating margin +€2,225
up €2,225 (+1.0%), from €213,313 to €215,538
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 | €131,915 | €111,088 | -€20,827 | -15.8% |
| Fixed assets | 21/28 | €48,545 | €31,047 | -€17,498 | -36.0% |
| Tangible fixed assets | 22/27 | €48,545 | €31,047 | -€17,498 | -36.0% |
| Plant, machinery and equipment | 23 | €6,010 | €677 | -€5,333 | -88.7% |
| Furniture and vehicles | 24 | €42,535 | €30,370 | -€12,166 | -28.6% |
| Current assets | 29/58 | €83,369 | €80,041 | -€3,329 | -4.0% |
| Stocks and contracts in progress | 3 | €65,959 | €63,236 | -€2,723 | -4.1% |
| Stocks | 30/36 | €65,959 | €63,236 | -€2,723 | -4.1% |
| Amounts receivable within one year | 40/41 | €330 | €2,105 | +€1,775 | +537% |
| Other amounts receivable | 41 | €330 | €2,105 | +€1,775 | +537% |
| Cash at bank and in hand | 54/58 | €12,734 | €10,952 | -€1,782 | -14.0% |
| Deferred charges and accrued income | 490/1 | €4,346 | €3,747 | -€599 | -13.8% |
| Total equity and liabilities | 10/49 | €131,915 | €111,088 | -€20,827 | -15.8% |
| Equity | 10/15 | €58,706 | €74,339 | +€15,634 | +26.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,705 | €74,338 | +€15,634 | +26.6% |
| Amounts payable | 17/49 | €73,209 | €36,748 | -€36,461 | -49.8% |
| Amounts payable after more than one year | 17 | €27,310 | - | -€27,310 | |
| Financial debts | 170/4 | €27,310 | - | -€27,310 | |
| Amounts payable within one year | 42/48 | €45,899 | €36,748 | -€9,150 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | - | €13,986 | +€13,986 | |
| Trade debts | 44 | €23,970 | €9,101 | -€14,869 | -62.0% |
| Suppliers | 440/4 | €23,970 | €9,101 | -€14,869 | -62.0% |
| Advances received on contracts in progress | 46 | €193 | €193 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €20,195 | €11,927 | -€8,267 | -40.9% |
| Taxes | 450/3 | €1,982 | €3,293 | +€1,311 | +66.2% |
| Remuneration and social security | 454/9 | €18,213 | €8,635 | -€9,579 | -52.6% |
| Other amounts payable | 47/48 | €1,542 | €1,542 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €498,758 | - | -€498,758 | |
| Remuneration, social security and pensions | 62 | €175,187 | €177,142 | +€1,955 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,037 | €17,498 | -€2,538 | -12.7% |
| Other operating charges | 640/8 | €1,107 | €1,007 | -€99 | -9.0% |
| Gross operating margin | 9900 | €213,313 | €215,538 | +€2,225 | +1.0% |
| Operating profit (loss) | 9901 | €16,983 | €19,890 | +€2,907 | +17.1% |
| Financial income | 75/76B | €356 | €649 | +€293 | +82.2% |
| Recurring financial income | 75 | €356 | €649 | +€293 | +82.2% |
| Financial charges | 65/66B | €2,109 | €1,586 | -€524 | -24.8% |
| Recurring financial charges | 65 | €2,109 | €1,586 | -€524 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €15,230 | €18,954 | +€3,723 | +24.4% |
| Income taxes | 67/77 | €12,477 | €3,320 | -€9,157 | -73.4% |
| Profit (loss) for the period | 9904 | €2,754 | €15,634 | +€12,880 | +468% |
| Profit (loss) for the period to be appropriated | 9905 | €2,754 | €15,634 | +€12,880 | +468% |
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 16 October 2026 via checked.be.