SIROU: 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.
SIROU
Largest movements
- Tangible fixed assets -€9,071
down €9,071 (-3.0%), from €302,201 to €293,130
of which Land and buildings: -€28,787
- Profit (loss) carried forward -€21,734
down €21,734 (-5.5%), from -€395,023 to -€416,757
- Other debts -€20,790
down €20,790 (-92.6%), from €22,450 to €1,661
- Current portion of long-term debt +€13,358
up €13,358 (+8.1%), from €163,917 to €177,275
- Debts after one year +€10,000
up €10,000 (+2.5%), from €407,757 to €417,757
of which Other amounts payable: +€20,000
- Trade debts +€9,871
up €9,871 (+907%), from €1,088 to €10,959
- Gross operating margin +€16,157
up €16,157, from -€2,980 to €13,177
- Depreciation +€1,954
up €1,954 (+6.5%), from €30,281 to €32,235
- Other operating charges -€1,821
down €1,821 (-44.2%), from €4,116 to €2,295
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 | €310,190 | €301,151 | -€9,038 | -2.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €302,217 | €293,130 | -€9,087 | -3.0% |
| Tangible fixed assets | 22/27 | €302,201 | €293,130 | -€9,071 | -3.0% |
| Land and buildings | 22 | €297,909 | €269,122 | -€28,787 | -9.7% |
| Plant, machinery and equipment | 23 | €1,753 | €21,509 | +€19,756 | +1,127% |
| Furniture and vehicles | 24 | €2,539 | €2,499 | -€40 | -1.6% |
| Financial fixed assets | 28 | €16 | €0 | -€16 | -100% |
| Current assets | 29/58 | €7,972 | €8,021 | +€49 | +0.6% |
| Amounts receivable within one year | 40/41 | €7,433 | €6,504 | -€929 | -12.5% |
| Trade receivables | 40 | €6,000 | €4,974 | -€1,026 | -17.1% |
| Other amounts receivable | 41 | €1,433 | €1,530 | +€98 | +6.8% |
| Cash at bank and in hand | 54/58 | €154 | €874 | +€720 | +468% |
| Deferred charges and accrued income | 490/1 | €386 | €643 | +€257 | +66.7% |
| Total equity and liabilities | 10/49 | €310,190 | €301,151 | -€9,038 | -2.9% |
| Equity | 10/15 | -€285,023 | -€306,757 | -€21,734 | -7.6% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€395,023 | -€416,757 | -€21,734 | -5.5% |
| Amounts payable | 17/49 | €595,213 | €607,908 | +€12,695 | +2.1% |
| Amounts payable after more than one year | 17 | €407,757 | €417,757 | +€10,000 | +2.5% |
| Financial debts | 170/4 | €97,500 | €87,500 | -€10,000 | -10.3% |
| Other amounts payable | 178/9 | €310,257 | €330,257 | +€20,000 | +6.4% |
| Amounts payable within one year | 42/48 | €187,456 | €190,151 | +€2,695 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €163,917 | €177,275 | +€13,358 | +8.1% |
| Financial debts | 43 | €0 | €256 | +€256 | |
| Credit institutions | 430/8 | €0 | €256 | +€256 | |
| Trade debts | 44 | €1,088 | €10,959 | +€9,871 | +907% |
| Suppliers | 440/4 | €1,088 | €10,959 | +€9,871 | +907% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €22,450 | €1,661 | -€20,790 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,281 | €32,235 | +€1,954 | +6.5% |
| Other operating charges | 640/8 | €4,116 | €2,295 | -€1,821 | -44.2% |
| Gross operating margin | 9900 | -€2,980 | €13,177 | +€16,157 | |
| Operating profit (loss) | 9901 | -€37,376 | -€21,353 | +€16,023 | +42.9% |
| Financial income | 75/76B | €1 | €13 | +€12 | +1,693% |
| Recurring financial income | 75 | €1 | €13 | +€12 | +1,693% |
| Financial charges | 65/66B | €487 | €393 | -€93 | -19.2% |
| Recurring financial charges | 65 | €487 | €393 | -€93 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€37,862 | -€21,734 | +€16,128 | +42.6% |
| Profit (loss) for the period | 9904 | -€37,862 | -€21,734 | +€16,128 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,862 | -€21,734 | +€16,128 | +42.6% |
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 15 October 2026 via checked.be.