SIRRIS: what changed
Two fiscal 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.
SIRRIS
Largest movements
- Current investments +€38,680
up €38,680 (+25.3%), from €153,000 to €191,680
- Cash -€18,003
down €18,003 (-7.1%), from €252,871 to €234,868
mainly Current investments (-€38,680) and Contributions, distributions and other (-€10,000)
- Tangible fixed assets -€14,822
down €14,822 (-9.9%), from €149,874 to €135,052
of which Land and buildings: -€9,241
- Reserves +€11,000
up €11,000 (+5.0%), from €221,500 to €232,500
of which Distributable reserves: +€10,000
- Financial income -€175,467
down €175,467 (-96.3%), from €182,222 to €6,755
of which Non-recurring financial income: -€174,984
- Taxes -€51,723
down €51,723 (-84.4%), from €61,312 to €9,589
- Gross operating margin +€13,934
up €13,934 (+47.4%), from €29,390 to €43,324
- Other operating charges +€1,222
up €1,222 (+36.5%), from €3,350 to €4,572
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 | €558,932 | €564,581 | +€5,649 | +1.0% |
| Fixed assets | 21/28 | €149,874 | €135,052 | -€14,822 | -9.9% |
| Tangible fixed assets | 22/27 | €149,874 | €135,052 | -€14,822 | -9.9% |
| Land and buildings | 22 | €122,807 | €113,566 | -€9,241 | -7.5% |
| Plant, machinery and equipment | 23 | €27,067 | €21,486 | -€5,581 | -20.6% |
| Current assets | 29/58 | €409,058 | €429,529 | +€20,471 | +5.0% |
| Amounts receivable within one year | 40/41 | - | €388 | +€388 | |
| Other amounts receivable | 41 | - | €388 | +€388 | |
| Current investments | 50/53 | €153,000 | €191,680 | +€38,680 | +25.3% |
| Cash at bank and in hand | 54/58 | €252,871 | €234,868 | -€18,003 | -7.1% |
| Deferred charges and accrued income | 490/1 | €3,187 | €2,593 | -€594 | -18.6% |
| Total equity and liabilities | 10/49 | €558,932 | €564,581 | +€5,649 | +1.0% |
| Equity | 10/15 | €521,990 | €532,718 | +€10,728 | +2.1% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €221,500 | €232,500 | +€11,000 | +5.0% |
| Non-distributable reserves | 130/1 | €29,000 | €30,000 | +€1,000 | +3.4% |
| Legal reserve | 130 | €29,000 | €30,000 | +€1,000 | +3.4% |
| Distributable reserves | 133 | €192,500 | €202,500 | +€10,000 | +5.2% |
| Profit (loss) carried forward | 14 | €490 | €218 | -€272 | -55.5% |
| Amounts payable | 17/49 | €36,942 | €31,863 | -€5,079 | -13.7% |
| Amounts payable within one year | 42/48 | €34,427 | €29,443 | -€4,984 | -14.5% |
| Taxes, remuneration and social security | 45 | €21,935 | €19,141 | -€2,794 | -12.7% |
| Taxes | 450/3 | €21,935 | €19,141 | -€2,794 | -12.7% |
| Other amounts payable | 47/48 | €12,492 | €10,302 | -€2,190 | -17.5% |
| Accrued charges and deferred income | 492/3 | €2,515 | €2,420 | -€95 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,892 | €14,822 | -€70 | -0.5% |
| Other operating charges | 640/8 | €3,350 | €4,572 | +€1,222 | +36.5% |
| Gross operating margin | 9900 | €29,390 | €43,324 | +€13,934 | +47.4% |
| Operating profit (loss) | 9901 | €11,148 | €23,930 | +€12,782 | +114.7% |
| Financial income | 75/76B | €182,222 | €6,755 | -€175,467 | -96.3% |
| Recurring financial income | 75 | €7,238 | €6,755 | -€483 | -6.7% |
| Non-recurring financial income | 76B | €174,984 | - | -€174,984 | |
| Financial charges | 65/66B | €121 | €368 | +€247 | +204.1% |
| Recurring financial charges | 65 | €121 | €368 | +€247 | +204.1% |
| Profit (loss) for the period before taxes | 9903 | €193,249 | €30,317 | -€162,932 | -84.3% |
| Income taxes | 67/77 | €61,312 | €9,589 | -€51,723 | -84.4% |
| Profit (loss) for the period | 9904 | €131,937 | €20,728 | -€111,209 | -84.3% |
| Profit (loss) for the period to be appropriated | 9905 | €131,937 | €20,728 | -€111,209 | -84.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.