SIRO events: 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.
SIRO events
Largest movements
- Current investments +€25,000
new in 2025: €25,000
- Receivables within one year -€11,339
down €11,339 (-42.2%), from €26,876 to €15,537
of which Trade receivables: -€8,345
- Cash +€10,637
up €10,637 (+14.6%), from €73,020 to €83,657
mainly Other debts (+€92,182) and Net result for the year (+€29,585)
- Tangible fixed assets -€1,556
down €1,556 (-23.1%), from €6,732 to €5,176
of which Furniture and vehicles: -€1,419
- Other debts +€92,182
new in 2025: €92,182
- Reserves -€77,972
down €77,972 (-89.1%), from €87,557 to €9,585
- Tax, wage and social debts +€5,163
up €5,163 (+34.0%), from €15,203 to €20,366
- Accrued charges and deferred income +€2,055
up €2,055 (+194%), from €1,059 to €3,114
- Financial charges +€3,008
up €3,008 (+238%), from €1,263 to €4,272
- Taxes +€2,377
up €2,377 (+38.3%), from €6,199 to €8,576
- Financial income +€1,056
up €1,056 (+130,311%), from €1 to €1,056
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 | €110,360 | €132,208 | +€21,848 | +19.8% |
| Fixed assets | 21/28 | €6,732 | €5,176 | -€1,556 | -23.1% |
| Tangible fixed assets | 22/27 | €6,732 | €5,176 | -€1,556 | -23.1% |
| Land and buildings | 22 | €997 | €860 | -€137 | -13.7% |
| Furniture and vehicles | 24 | €3,976 | €2,557 | -€1,419 | -35.7% |
| Other tangible fixed assets | 26 | €1,759 | €1,759 | = | 0.0% |
| Current assets | 29/58 | €103,628 | €127,032 | +€23,404 | +22.6% |
| Amounts receivable within one year | 40/41 | €26,876 | €15,537 | -€11,339 | -42.2% |
| Trade receivables | 40 | €22,668 | €14,323 | -€8,345 | -36.8% |
| Other amounts receivable | 41 | €4,208 | €1,214 | -€2,994 | -71.1% |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €73,020 | €83,657 | +€10,637 | +14.6% |
| Deferred charges and accrued income | 490/1 | €3,732 | €2,838 | -€894 | -23.9% |
| Total equity and liabilities | 10/49 | €110,360 | €132,208 | +€21,848 | +19.8% |
| Equity | 10/15 | €92,557 | €14,585 | -€77,972 | -84.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €87,557 | €9,585 | -€77,972 | -89.1% |
| Distributable reserves | 133 | €87,557 | €9,585 | -€77,972 | -89.1% |
| Amounts payable | 17/49 | €17,803 | €117,623 | +€99,820 | +561% |
| Amounts payable within one year | 42/48 | €16,744 | €114,509 | +€97,765 | +584% |
| Trade debts | 44 | €1,541 | €1,961 | +€420 | +27.3% |
| Suppliers | 440/4 | €1,541 | €1,961 | +€420 | +27.3% |
| Taxes, remuneration and social security | 45 | €15,203 | €20,366 | +€5,163 | +34.0% |
| Taxes | 450/3 | €15,203 | €20,366 | +€5,163 | +34.0% |
| Other amounts payable | 47/48 | - | €92,182 | +€92,182 | |
| Accrued charges and deferred income | 492/3 | €1,059 | €3,114 | +€2,055 | +194% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,603 | €1,556 | -€46 | -2.9% |
| Other operating charges | 640/8 | €797 | €1,158 | +€361 | +45.3% |
| Gross operating margin | 9900 | €44,326 | €44,091 | -€236 | -0.5% |
| Operating profit (loss) | 9901 | €41,927 | €41,376 | -€550 | -1.3% |
| Financial income | 75/76B | €1 | €1,056 | +€1,056 | +130,311% |
| Recurring financial income | 75 | €1 | €1,056 | +€1,056 | +130,311% |
| Financial charges | 65/66B | €1,263 | €4,272 | +€3,008 | +238% |
| Recurring financial charges | 65 | €1,263 | €4,272 | +€3,008 | +238% |
| Profit (loss) for the period before taxes | 9903 | €40,664 | €38,161 | -€2,503 | -6.2% |
| Income taxes | 67/77 | €6,199 | €8,576 | +€2,377 | +38.3% |
| Profit (loss) for the period | 9904 | €34,465 | €29,585 | -€4,880 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,465 | €29,585 | -€4,880 | -14.2% |
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 13 October 2026 via checked.be.