SIS CONSTRUCT: 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.
SIS CONSTRUCT
Largest movements
- Tangible fixed assets -€30,019
down €30,019 (-98.7%), from €30,417 to €399
of which Furniture and vehicles: -€29,502
- Receivables within one year -€21,047
down €21,047 (-31.8%), from €66,166 to €45,120
of which Other amounts receivable: -€13,487
- Receivables after one year -€17,814
down €17,814 (-36.4%), from €48,963 to €31,149
- Stocks and contracts +€13,210
up €13,210 (+4.6%), from €287,739 to €300,949
- Trade debts -€21,804
down €21,804 (-52.0%), from €41,942 to €20,138
- Profit (loss) carried forward -€18,057
down €18,057 (-8.7%), from €206,411 to €188,354
- Debts after one year -€6,961
no longer reported in 2025 (was €6,961)
- Current portion of long-term debt -€6,778
down €6,778 (-49.3%), from €13,739 to €6,961
- Gross operating margin -€149,777
down €149,777, from €136,114 to -€13,663
- Taxes -€28,906
no longer reported in 2025 (was €28,906)
- Depreciation -€12,828
down €12,828 (-78.7%), from €16,306 to €3,477
- Financial charges -€9,085
down €9,085 (-76.3%), from €11,903 to €2,817
- Financial income +€1,764
up €1,764 (+165%), from €1,068 to €2,832
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 | €435,924 | €378,870 | -€57,054 | -13.1% |
| Fixed assets | 21/28 | €30,417 | €399 | -€30,019 | -98.7% |
| Tangible fixed assets | 22/27 | €30,417 | €399 | -€30,019 | -98.7% |
| Plant, machinery and equipment | 23 | €719 | €202 | -€517 | -71.9% |
| Furniture and vehicles | 24 | €29,699 | €197 | -€29,502 | -99.3% |
| Current assets | 29/58 | €405,507 | €378,471 | -€27,035 | -6.7% |
| Amounts receivable after more than one year | 29 | €48,963 | €31,149 | -€17,814 | -36.4% |
| Other amounts receivable | 291 | €48,963 | €31,149 | -€17,814 | -36.4% |
| Stocks and contracts in progress | 3 | €287,739 | €300,949 | +€13,210 | +4.6% |
| Stocks | 30/36 | €287,739 | €300,949 | +€13,210 | +4.6% |
| Amounts receivable within one year | 40/41 | €66,166 | €45,120 | -€21,047 | -31.8% |
| Trade receivables | 40 | €18,631 | €11,071 | -€7,560 | -40.6% |
| Other amounts receivable | 41 | €47,536 | €34,049 | -€13,487 | -28.4% |
| Cash at bank and in hand | 54/58 | €866 | €850 | -€16 | -1.9% |
| Deferred charges and accrued income | 490/1 | €1,771 | €404 | -€1,367 | -77.2% |
| Total equity and liabilities | 10/49 | €435,924 | €378,870 | -€57,054 | -13.1% |
| Equity | 10/15 | €214,471 | €196,414 | -€18,057 | -8.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,411 | €188,354 | -€18,057 | -8.7% |
| Amounts payable | 17/49 | €221,453 | €182,456 | -€38,997 | -17.6% |
| Amounts payable after more than one year | 17 | €6,961 | - | -€6,961 | |
| Financial debts | 170/4 | €6,961 | - | -€6,961 | |
| Amounts payable within one year | 42/48 | €214,492 | €182,456 | -€32,035 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €13,739 | €6,961 | -€6,778 | -49.3% |
| Financial debts | 43 | €120,000 | €120,000 | = | 0.0% |
| Credit institutions | 430/8 | €120,000 | €120,000 | = | 0.0% |
| Trade debts | 44 | €41,942 | €20,138 | -€21,804 | -52.0% |
| Suppliers | 440/4 | €41,942 | €20,138 | -€21,804 | -52.0% |
| Taxes, remuneration and social security | 45 | €38,811 | €35,357 | -€3,454 | -8.9% |
| Taxes | 450/3 | €38,811 | €35,357 | -€3,454 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,306 | €3,477 | -€12,828 | -78.7% |
| Other operating charges | 640/8 | €1,263 | €931 | -€332 | -26.3% |
| Gross operating margin | 9900 | €136,114 | -€13,663 | -€149,777 | |
| Operating profit (loss) | 9901 | €118,546 | -€18,072 | -€136,617 | |
| Financial income | 75/76B | €1,068 | €2,832 | +€1,764 | +165% |
| Recurring financial income | 75 | €1,068 | €2,832 | +€1,764 | +165% |
| Financial charges | 65/66B | €11,903 | €2,817 | -€9,085 | -76.3% |
| Recurring financial charges | 65 | €11,903 | €2,817 | -€9,085 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €107,711 | -€18,057 | -€125,768 | |
| Income taxes | 67/77 | €28,906 | - | -€28,906 | |
| Profit (loss) for the period | 9904 | €78,805 | -€18,057 | -€96,862 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,805 | -€18,057 | -€96,862 |
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 14 October 2026 via checked.be.