SIROX: 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.
SIROX
Largest movements
- Receivables within one year +€7,239
up €7,239 (+87.0%), from €8,320 to €15,559
of which Other amounts receivable: +€7,887
- Cash -€3,802
down €3,802 (-4.5%), from €84,188 to €80,387
mainly Receivables within one year (-€7,239) and Other debts (-€6,321)
- Deferred charges and accrued income -€1,250
no longer reported in 2025 (was €1,250)
- Other debts -€6,321
no longer reported in 2025 (was €6,321)
- Reserves +€6,150
up €6,150 (+21.1%), from €29,141 to €35,291
of which Distributable reserves: +€6,150
- Tax, wage and social debts +€1,927
up €1,927 (+114.2%), from €1,688 to €3,615
- Gross operating margin -€14,492
down €14,492 (-52.2%), from €27,758 to €13,267
- Taxes -€3,096
down €3,096 (-46.0%), from €6,725 to €3,629
- Depreciation +€1,086
up €1,086 (+115.4%), from €942 to €2,028
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.
Cash bridge derived
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 | €105,300 | €106,822 | +€1,522 | +1.4% |
| Fixed assets | 21/28 | €11,542 | €10,877 | -€665 | -5.8% |
| Tangible fixed assets | 22/27 | €11,542 | €10,877 | -€665 | -5.8% |
| Plant, machinery and equipment | 23 | €150 | €104 | -€46 | -30.7% |
| Furniture and vehicles | 24 | €2,611 | €1,717 | -€894 | -34.2% |
| Other tangible fixed assets | 26 | €8,781 | €9,057 | +€276 | +3.1% |
| Current assets | 29/58 | €93,758 | €95,945 | +€2,187 | +2.3% |
| Amounts receivable within one year | 40/41 | €8,320 | €15,559 | +€7,239 | +87.0% |
| Trade receivables | 40 | €8,320 | €7,672 | -€648 | -7.8% |
| Other amounts receivable | 41 | - | €7,887 | +€7,887 | |
| Cash at bank and in hand | 54/58 | €84,188 | €80,387 | -€3,802 | -4.5% |
| Deferred charges and accrued income | 490/1 | €1,250 | - | -€1,250 | |
| Total equity and liabilities | 10/49 | €105,300 | €106,822 | +€1,522 | +1.4% |
| Equity | 10/15 | €96,443 | €102,593 | +€6,150 | +6.4% |
| Reserves | 13 | €29,141 | €35,291 | +€6,150 | +21.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,281 | €33,431 | +€6,150 | +22.5% |
| Profit (loss) carried forward | 14 | €67,302 | €67,302 | = | 0.0% |
| Amounts payable | 17/49 | €8,857 | €4,230 | -€4,627 | -52.2% |
| Amounts payable within one year | 42/48 | €8,857 | €4,230 | -€4,627 | -52.2% |
| Current portion of amounts payable after more than one year | 42 | €522 | €500 | -€22 | -4.2% |
| Trade debts | 44 | €327 | €115 | -€212 | -64.8% |
| Suppliers | 440/4 | €327 | €115 | -€212 | -64.8% |
| Taxes, remuneration and social security | 45 | €1,688 | €3,615 | +€1,927 | +114.2% |
| Taxes | 450/3 | €1,688 | €3,615 | +€1,927 | +114.2% |
| Other amounts payable | 47/48 | €6,321 | - | -€6,321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €942 | €2,028 | +€1,086 | +115.4% |
| Other operating charges | 640/8 | €986 | €977 | -€8 | -0.9% |
| Gross operating margin | 9900 | €27,758 | €13,267 | -€14,492 | -52.2% |
| Operating profit (loss) | 9901 | €25,831 | €10,261 | -€15,570 | -60.3% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €414 | €494 | +€79 | +19.1% |
| Recurring financial charges | 65 | €414 | €494 | +€79 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €25,416 | €9,779 | -€15,638 | -61.5% |
| Income taxes | 67/77 | €6,725 | €3,629 | -€3,096 | -46.0% |
| Profit (loss) for the period | 9904 | €18,692 | €6,150 | -€12,542 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,692 | €6,150 | -€12,542 | -67.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.