SIRONVAL EXPERTISES: 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.
SIRONVAL EXPERTISES
Largest movements
- Tangible fixed assets -€11,527
down €11,527 (-27.2%), from €42,405 to €30,879
- Cash +€6,950
up €6,950 (+15.4%), from €45,033 to €51,984
mainly Net result for the year (+€22,144) and Depreciation (+€14,095)
- Receivables within one year +€2,488
up €2,488 (+27.8%), from €8,961 to €11,449
of which Other amounts receivable: +€1,465
- Debts after one year -€23,500
no longer reported in 2025 (was €23,500)
- Reserves +€22,144
up €22,144 (+52.2%), from €42,390 to €64,534
of which Distributable reserves: +€22,144
- Tax, wage and social debts -€990
down €990 (-7.4%), from €13,302 to €12,312
of which Remuneration and social security: -€2,078
- Depreciation +€7,036
up €7,036 (+99.7%), from €7,058 to €14,095
- Gross operating margin -€4,365
down €4,365 (-9.8%), from €44,334 to €39,970
- Taxes -€2,476
down €2,476 (-43.3%), from €5,713 to €3,238
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 | €96,400 | €94,312 | -€2,089 | -2.2% |
| Fixed assets | 21/28 | €42,405 | €30,879 | -€11,527 | -27.2% |
| Tangible fixed assets | 22/27 | €42,405 | €30,879 | -€11,527 | -27.2% |
| Furniture and vehicles | 24 | €42,405 | €30,879 | -€11,527 | -27.2% |
| Current assets | 29/58 | €53,995 | €63,433 | +€9,438 | +17.5% |
| Amounts receivable within one year | 40/41 | €8,961 | €11,449 | +€2,488 | +27.8% |
| Trade receivables | 40 | €8,849 | €9,873 | +€1,023 | +11.6% |
| Other amounts receivable | 41 | €112 | €1,577 | +€1,465 | +1,306% |
| Cash at bank and in hand | 54/58 | €45,033 | €51,984 | +€6,950 | +15.4% |
| Total equity and liabilities | 10/49 | €96,400 | €94,312 | -€2,089 | -2.2% |
| Equity | 10/15 | €52,897 | €75,041 | +€22,144 | +41.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,390 | €64,534 | +€22,144 | +52.2% |
| Non-distributable reserves | 130/1 | €171 | €171 | = | 0.0% |
| Reserves not available under the articles | 1311 | €171 | €171 | = | 0.0% |
| Distributable reserves | 133 | €42,219 | €64,363 | +€22,144 | +52.5% |
| Profit (loss) carried forward | 14 | €4,307 | €4,307 | = | 0.0% |
| Amounts payable | 17/49 | €43,503 | €19,270 | -€24,233 | -55.7% |
| Amounts payable after more than one year | 17 | €23,500 | - | -€23,500 | |
| Financial debts | 170/4 | €23,500 | - | -€23,500 | |
| Amounts payable within one year | 42/48 | €20,003 | €19,270 | -€733 | -3.7% |
| Trade debts | 44 | €384 | €260 | -€124 | -32.4% |
| Suppliers | 440/4 | €384 | €260 | -€124 | -32.4% |
| Taxes, remuneration and social security | 45 | €13,302 | €12,312 | -€990 | -7.4% |
| Taxes | 450/3 | €4,222 | €5,310 | +€1,088 | +25.8% |
| Remuneration and social security | 454/9 | €9,080 | €7,002 | -€2,078 | -22.9% |
| Other amounts payable | 47/48 | €6,317 | €6,698 | +€382 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,058 | €14,095 | +€7,036 | +99.7% |
| Other operating charges | 640/8 | €459 | €418 | -€41 | -9.0% |
| Gross operating margin | 9900 | €44,334 | €39,970 | -€4,365 | -9.8% |
| Operating profit (loss) | 9901 | €36,817 | €25,457 | -€11,360 | -30.9% |
| Financial charges | 65/66B | €151 | €75 | -€76 | -50.4% |
| Recurring financial charges | 65 | €151 | €75 | -€76 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €36,666 | €25,382 | -€11,284 | -30.8% |
| Income taxes | 67/77 | €5,713 | €3,238 | -€2,476 | -43.3% |
| Profit (loss) for the period | 9904 | €30,952 | €22,144 | -€8,808 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,952 | €22,144 | -€8,808 | -28.5% |
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 18 October 2026 via checked.be.