Sisif: 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.
Sisif
Largest movements
- Receivables within one year +€16,826
up €16,826 (+68.0%), from €24,728 to €41,554
of which Other amounts receivable: +€8,441
- Current investments -€10,327
no longer reported in 2024 (was €10,327)
- Tangible fixed assets -€1,762
down €1,762 (-67.5%), from €2,611 to €849
of which Furniture and vehicles: -€1,668
- Cash +€1,358
new in 2024: €1,358
mainly Trade debts (+€16,324) and Current investments (+€10,327)
- Trade debts +€16,324
up €16,324 (+3797.4%), from €430 to €16,754
- Tax, wage and social debts -€10,232
down €10,232 (-89.0%), from €11,492 to €1,260
of which Taxes: -€10,232
- Profit (loss) carried forward +€851
up €851 (+4.8%), from €17,808 to €18,660
- Other debts -€501
down €501 (-31.0%), from €1,613 to €1,112
- Purchases and services +€119,125
new in 2024: €119,125
- Turnover +€115,786
new in 2024: €115,786
- Gross operating margin -€20,473
down €20,473 (-86.1%), from €23,786 to €3,313
- Taxes -€4,676
down €4,676 (-94.7%), from €4,936 to €260
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,891 | €43,986 | +€6,095 | +16.1% |
| Fixed assets | 21/28 | €2,836 | €1,074 | -€1,762 | -62.1% |
| Tangible fixed assets | 22/27 | €2,611 | €849 | -€1,762 | -67.5% |
| Land and buildings | 22 | €393 | €299 | -€94 | -24.0% |
| Furniture and vehicles | 24 | €2,218 | €551 | -€1,668 | -75.2% |
| Financial fixed assets | 28 | €224 | €224 | = | 0.0% |
| Current assets | 29/58 | €35,055 | €42,912 | +€7,857 | +22.4% |
| Amounts receivable within one year | 40/41 | €24,728 | €41,554 | +€16,826 | +68.0% |
| Trade receivables | 40 | €21,518 | €29,902 | +€8,384 | +39.0% |
| Other amounts receivable | 41 | €3,210 | €11,651 | +€8,441 | +262.9% |
| Current investments | 50/53 | €10,327 | - | -€10,327 | |
| Cash at bank and in hand | 54/58 | - | €1,358 | +€1,358 | |
| Total equity and liabilities | 10/49 | €37,891 | €43,986 | +€6,095 | +16.1% |
| Equity | 10/15 | €24,008 | €24,860 | +€851 | +3.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | €17,808 | €18,660 | +€851 | +4.8% |
| Amounts payable | 17/49 | €13,883 | €19,126 | +€5,244 | +37.8% |
| Amounts payable within one year | 42/48 | €13,535 | €19,126 | +€5,591 | +41.3% |
| Trade debts | 44 | €430 | €16,754 | +€16,324 | +3797.4% |
| Suppliers | 440/4 | €430 | €16,754 | +€16,324 | +3797.4% |
| Taxes, remuneration and social security | 45 | €11,492 | €1,260 | -€10,232 | -89.0% |
| Taxes | 450/3 | €10,759 | €527 | -€10,232 | -95.1% |
| Remuneration and social security | 454/9 | €733 | €733 | = | 0.0% |
| Other amounts payable | 47/48 | €1,613 | €1,112 | -€501 | -31.0% |
| Accrued charges and deferred income | 492/3 | €348 | - | -€348 | |
| Turnover | 70 | - | €115,786 | +€115,786 | |
| Non-recurring operating income | 76A | - | €6,651 | +€6,651 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €119,125 | +€119,125 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,051 | €1,762 | -€289 | -14.1% |
| Other operating charges | 640/8 | €384 | €307 | -€78 | -20.2% |
| Gross operating margin | 9900 | €23,786 | €3,313 | -€20,473 | -86.1% |
| Operating profit (loss) | 9901 | €21,351 | €1,244 | -€20,107 | -94.2% |
| Financial income | 75/76B | €5 | €9 | +€3 | +61.8% |
| Recurring financial income | 75 | €5 | €9 | +€3 | +61.8% |
| Financial charges | 65/66B | €101 | €140 | +€39 | +39.0% |
| Recurring financial charges | 65 | €101 | €140 | +€39 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €21,255 | €1,112 | -€20,143 | -94.8% |
| Income taxes | 67/77 | €4,936 | €260 | -€4,676 | -94.7% |
| Profit (loss) for the period | 9904 | €16,319 | €851 | -€15,468 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,319 | €851 | -€15,468 | -94.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.