SIROCCO SOLUTIONS: 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.
SIROCCO SOLUTIONS
Largest movements
- Tangible fixed assets +€545,862
up €545,862 (+161%), from €339,133 to €884,995
of which Land and buildings: +€544,740
- Cash -€426,025
down €426,025 (-87.3%), from €487,890 to €61,865
mainly Investment in fixed assets (net) (-€634,225) and Net result for the year (-€101,548)
- Current investments -€216,369
down €216,369 (-31.5%), from €687,742 to €471,374
- Profit (loss) carried forward -€101,548
down €101,548 (-40.7%), from €249,452 to €147,904
- Financial income -€1.2m
down €1.2m (-99.9%), from €1.2m to €954
- Taxes -€324,835
down €324,835 (-100.0%), from €324,967 to €132
- Depreciation +€73,626
up €73,626 (+500%), from €14,736 to €88,363
- Financial charges +€13,334
up €13,334 (+317%), from €4,206 to €17,540
- Gross operating margin +€7,580
up €7,580, from -€827 to €6,753
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 | €1,528,809 | €1,420,849 | -€107,959 | -7.1% |
| Fixed assets | 21/28 | €339,133 | €884,995 | +€545,862 | +161% |
| Tangible fixed assets | 22/27 | €339,133 | €884,995 | +€545,862 | +161% |
| Land and buildings | 22 | €331,300 | €876,040 | +€544,740 | +164% |
| Furniture and vehicles | 24 | €7,833 | €8,955 | +€1,122 | +14.3% |
| Current assets | 29/58 | €1,189,676 | €535,854 | -€653,821 | -55.0% |
| Amounts receivable within one year | 40/41 | €13,369 | €1,977 | -€11,392 | -85.2% |
| Trade receivables | 40 | €11,724 | - | -€11,724 | |
| Other amounts receivable | 41 | €1,646 | €1,977 | +€331 | +20.1% |
| Current investments | 50/53 | €687,742 | €471,374 | -€216,369 | -31.5% |
| Cash at bank and in hand | 54/58 | €487,890 | €61,865 | -€426,025 | -87.3% |
| Deferred charges and accrued income | 490/1 | €674 | €639 | -€36 | -5.3% |
| Total equity and liabilities | 10/49 | €1,528,809 | €1,420,849 | -€107,959 | -7.1% |
| Equity | 10/15 | €1,128,694 | €1,027,146 | -€101,548 | -9.0% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €834,242 | €834,242 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,360 | €14,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,360 | €14,360 | = | 0.0% |
| Distributable reserves | 133 | €819,882 | €819,882 | = | 0.0% |
| Profit (loss) carried forward | 14 | €249,452 | €147,904 | -€101,548 | -40.7% |
| Amounts payable | 17/49 | €400,115 | €393,704 | -€6,411 | -1.6% |
| Amounts payable after more than one year | 17 | €64,996 | €58,459 | -€6,537 | -10.1% |
| Financial debts | 170/4 | €64,996 | €58,459 | -€6,537 | -10.1% |
| Amounts payable within one year | 42/48 | €335,119 | €335,245 | +€126 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €6,454 | €6,537 | +€83 | +1.3% |
| Trade debts | 44 | €3,757 | €3,797 | +€40 | +1.1% |
| Suppliers | 440/4 | €3,757 | €3,797 | +€40 | +1.1% |
| Taxes, remuneration and social security | 45 | €324,908 | €324,911 | +€3 | 0.0% |
| Taxes | 450/3 | €324,908 | €324,911 | +€3 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,736 | €88,363 | +€73,626 | +500% |
| Other operating charges | 640/8 | €2,979 | €3,220 | +€241 | +8.1% |
| Gross operating margin | 9900 | -€827 | €6,753 | +€7,580 | |
| Operating profit (loss) | 9901 | -€18,542 | -€84,830 | -€66,288 | -358% |
| Financial income | 75/76B | €1,167,596 | €954 | -€1.2m | -99.9% |
| Recurring financial income | 75 | €1,167,596 | €954 | -€1.2m | -99.9% |
| Financial charges | 65/66B | €4,206 | €17,540 | +€13,334 | +317% |
| Recurring financial charges | 65 | €4,206 | €17,540 | +€13,334 | +317% |
| Profit (loss) for the period before taxes | 9903 | €1,144,848 | -€101,416 | -€1.2m | |
| Income taxes | 67/77 | €324,967 | €132 | -€324,835 | -100.0% |
| Profit (loss) for the period | 9904 | €819,882 | -€101,548 | -€921,430 | |
| Profit (loss) for the period to be appropriated | 9905 | €819,882 | -€101,548 | -€921,430 |
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 21 October 2026 via checked.be.