SISA: 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.
What changed
SISA
NACE 46.620, Wholesale of machine tools
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€818,424
2024 · €44,507+€773,916
Equity
€2.3m
2024 · €2.7m-€381,576
Cash
€410,029
2024 · €342,196+€67,834
Balance sheet total
€6.2m
2024 · €6.5m-€244,958
Largest movements
Assets
- Stocks and contracts -€464,359
down €464,359 (-13.1%), from €3.5m to €3.1m
of which Contracts in progress: -€467,167
- Receivables within one year +€156,259
up €156,259 (+7.3%), from €2.2m to €2.3m
of which Trade receivables: +€149,574
- Cash +€67,834
up €67,834 (+19.8%), from €342,196 to €410,029
mainly Other debts (+€1.2m) and Net result for the year (+€818,424)
Equity and liabilities
- Short-term financial debts -€1.2m
down €1.2m (-85.6%), from €1.4m to €201,451
- Other debts +€1.2m
new in 2025: €1.2m
- Reserves -€381,576
down €381,576 (-16.3%), from €2.3m to €2.0m
of which Distributable reserves: -€369,788
- Trade debts +€277,820
up €277,820 (+19.0%), from €1.5m to €1.7m
Income statement
- Turnover +€501,284
up €501,284 (+3.5%), from €14.4m to €14.9m
- Staff costs -€181,380
down €181,380 (-7.5%), from €2.4m to €2.3m
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.
Result 2024
€44,507
Turnover
+€501,284
Other operating income
+€62,717
Goods and materials
-€125,243
Services and other goods
-€38,584
Staff costs
+€181,380
Depreciation
+€15,616
Write-downs
+€22,060
Other operating charges
+€9,520
Other operating items
+€200,048
Financial income
-€15,031
Financial charges
+€60,288
Taxes
-€100,138
Result 2025
€818,424
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.7m
Investment
-€80,004
Financing
-€2.5m
Cash 2024
€342,196
From operations (derived)
+€2.7m
Net result for the year
+€818,424
Depreciation
+€84,577
Stocks and contracts
+€464,359
Receivables within one year
-€156,259
Deferred charges and accrued income
+€120
Provisions
-€3,929
Trade debts
+€277,820
Tax, wage and social debts
-€22,055
Other debts
+€1.2m
Accrued charges and deferred income
-€5,386
Investment (derived)
-€80,004
Investment in fixed assets (net)
-€80,004
Financing
-€2.5m
Debts after one year
-€56,725
Current portion of long-term debt
-€52,562
Short-term financial debts
-€1.2m
Contributions, distributions and other
-€1.2m
Cash 2025
€410,029
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,461,132 | €6,216,174 | -€244,958 | -3.8% |
| Fixed assets | 21/28 | €419,480 | €414,907 | -€4,573 | -1.1% |
| Intangible fixed assets | 21 | €72,381 | €80,598 | +€8,217 | +11.4% |
| Tangible fixed assets | 22/27 | €323,099 | €310,309 | -€12,790 | -4.0% |
| Plant, machinery and equipment | 23 | €312,386 | €293,334 | -€19,053 | -6.1% |
| Furniture and vehicles | 24 | €8,047 | €16,975 | +€8,928 | +111% |
| Other tangible fixed assets | 26 | €2,665 | - | -€2,665 | |
| Financial fixed assets | 28 | €24,000 | €24,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €24,000 | €24,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €24,000 | €24,000 | = | 0.0% |
| Current assets | 29/58 | €6,041,653 | €5,801,267 | -€240,386 | -4.0% |
| Stocks and contracts in progress | 3 | €3,543,067 | €3,078,708 | -€464,359 | -13.1% |
| Stocks | 30/36 | €1,622,991 | €1,625,799 | +€2,808 | +0.2% |
| Goods purchased for resale | 34 | €1,622,991 | €1,625,799 | +€2,808 | +0.2% |
| Contracts in progress | 37 | €1,920,076 | €1,452,909 | -€467,167 | -24.3% |
| Amounts receivable within one year | 40/41 | €2,154,390 | €2,310,649 | +€156,259 | +7.3% |
| Trade receivables | 40 | €2,144,340 | €2,293,914 | +€149,574 | +7.0% |
| Other amounts receivable | 41 | €10,050 | €16,735 | +€6,685 | +66.5% |
| Cash at bank and in hand | 54/58 | €342,196 | €410,029 | +€67,834 | +19.8% |
| Deferred charges and accrued income | 490/1 | €2,000 | €1,880 | -€120 | -6.0% |
| Total equity and liabilities | 10/49 | €6,461,132 | €6,216,174 | -€244,958 | -3.8% |
| Equity | 10/15 | €2,665,664 | €2,284,087 | -€381,576 | -14.3% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Capital | 10 | €320,000 | €320,000 | = | 0.0% |
| Issued capital | 100 | €320,000 | €320,000 | = | 0.0% |
| Reserves | 13 | €2,345,664 | €1,964,087 | -€381,576 | -16.3% |
| Non-distributable reserves | 130/1 | €32,000 | €32,000 | = | 0.0% |
| Legal reserve | 130 | €32,000 | €32,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €205,546 | €193,757 | -€11,788 | -5.7% |
| Distributable reserves | 133 | €2,108,118 | €1,738,330 | -€369,788 | -17.5% |
| Provisions and deferred taxes | 16 | €48,330 | €44,400 | -€3,929 | -8.1% |
| Deferred taxes | 168 | €48,330 | €44,400 | -€3,929 | -8.1% |
| Amounts payable | 17/49 | €3,747,139 | €3,887,686 | +€140,547 | +3.8% |
| Amounts payable after more than one year | 17 | €176,177 | €119,452 | -€56,725 | -32.2% |
| Financial debts | 170/4 | €176,177 | €119,452 | -€56,725 | -32.2% |
| Credit institutions | 173 | €176,177 | €119,452 | -€56,725 | -32.2% |
| Amounts payable within one year | 42/48 | €3,562,382 | €3,765,040 | +€202,658 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €109,287 | €56,725 | -€52,562 | -48.1% |
| Financial debts | 43 | €1,401,996 | €201,451 | -€1.2m | -85.6% |
| Credit institutions | 430/8 | €1,401,996 | €201,451 | -€1.2m | -85.6% |
| Trade debts | 44 | €1,463,384 | €1,741,204 | +€277,820 | +19.0% |
| Suppliers | 440/4 | €1,463,384 | €1,741,204 | +€277,820 | +19.0% |
| Taxes, remuneration and social security | 45 | €587,716 | €565,660 | -€22,055 | -3.8% |
| Taxes | 450/3 | €280,999 | €307,327 | +€26,327 | +9.4% |
| Remuneration and social security | 454/9 | €306,716 | €258,334 | -€48,383 | -15.8% |
| Other amounts payable | 47/48 | - | €1,200,000 | +€1.2m | |
| Accrued charges and deferred income | 492/3 | €8,580 | €3,194 | -€5,386 | -62.8% |
| Operating income | 70/76A | €13,895,387 | €14,659,436 | +€764,049 | +5.5% |
| Turnover | 70 | €14,400,054 | €14,901,339 | +€501,284 | +3.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€679,911 | -€467,167 | +€212,744 | +31.3% |
| Own construction capitalised | 72 | €40,604 | €37,107 | -€3,497 | -8.6% |
| Other operating income | 74 | €125,441 | €188,158 | +€62,717 | +50.0% |
| Non-recurring operating income | 76A | €9,198 | - | -€9,198 | |
| Operating charges | 60/66A | €13,747,533 | €13,682,784 | -€64,749 | -0.5% |
| Goods for resale, raw materials and consumables | 60 | €9,285,619 | €9,410,862 | +€125,243 | +1.3% |
| Purchases | 600/8 | €9,002,531 | €9,413,670 | +€411,140 | +4.6% |
| Change in stocks: decrease (increase) | 609 | €283,088 | -€2,808 | -€285,897 | |
| Services and other goods | 61 | €1,887,130 | €1,925,714 | +€38,584 | +2.0% |
| Remuneration, social security and pensions | 62 | €2,434,252 | €2,252,872 | -€181,380 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,193 | €84,577 | -€15,616 | -15.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,384 | -€676 | -€22,060 | |
| Other operating charges | 640/8 | €18,956 | €9,436 | -€9,520 | -50.2% |
| Operating profit (loss) | 9901 | €147,854 | €976,652 | +€828,798 | +561% |
| Financial income | 75/76B | €67,006 | €51,975 | -€15,031 | -22.4% |
| Recurring financial income | 75 | €67,006 | €51,975 | -€15,031 | -22.4% |
| Income from current assets | 751 | €479 | €1,225 | +€745 | +155% |
| Other financial income | 752/9 | €66,527 | €50,750 | -€15,777 | -23.7% |
| Financial charges | 65/66B | €130,097 | €69,810 | -€60,288 | -46.3% |
| Recurring financial charges | 65 | €130,097 | €69,810 | -€60,288 | -46.3% |
| Debt charges | 650 | €79,009 | €31,660 | -€47,349 | -59.9% |
| Other financial charges | 652/9 | €51,089 | €38,150 | -€12,939 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €84,762 | €958,817 | +€874,055 | +1,031% |
| Transfer from deferred taxes | 780 | €3,929 | €3,929 | = | 0.0% |
| Income taxes | 67/77 | €44,185 | €144,323 | +€100,138 | +227% |
| Taxes | 670/3 | €44,185 | €144,323 | +€100,138 | +227% |
| Profit (loss) for the period | 9904 | €44,507 | €818,424 | +€773,916 | +1,739% |
| Transfer from tax-exempt reserves | 789 | €11,788 | €11,788 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,296 | €830,212 | +€773,916 | +1,375% |
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 22 October 2026 via checked.be.