SISKA: 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.
SISKA
Largest movements
- Cash +€344,084
up €344,084 (+63.1%), from €545,318 to €889,403
mainly Net result for the year (+€538,358) and Current investments (+€300,000)
- Current investments -€300,000
down €300,000 (-50.1%), from €598,458 to €298,458
- Receivables within one year -€95,625
down €95,625 (-71.9%), from €132,961 to €37,336
of which Other amounts receivable: -€93,481
- Tangible fixed assets +€57,692
up €57,692 (+22.1%), from €261,364 to €319,056
of which Furniture and vehicles: +€56,806
- Other debts -€44,068
down €44,068 (-7.5%), from €583,897 to €539,829
- Profit (loss) carried forward +€38,358
up €38,358 (+4.5%), from €846,570 to €884,929
- Tax, wage and social debts +€36,436
up €36,436 (+71.7%), from €50,831 to €87,267
of which Remuneration and social security: +€20,930
- Trade debts -€21,127
down €21,127 (-23.7%), from €89,244 to €68,117
- Depreciation +€37,331
up €37,331 (+54.4%), from €68,685 to €106,016
- Staff costs +€23,667
up €23,667 (+5.0%), from €475,398 to €499,065
- Taxes -€16,284
down €16,284 (-32.3%), from €50,489 to €34,204
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 | €1,580,149 | €1,589,563 | +€9,414 | +0.6% |
| Fixed assets | 21/28 | €261,364 | €319,056 | +€57,692 | +22.1% |
| Tangible fixed assets | 22/27 | €261,364 | €319,056 | +€57,692 | +22.1% |
| Plant, machinery and equipment | 23 | €69,612 | €116,064 | +€46,452 | +66.7% |
| Furniture and vehicles | 24 | €11,314 | €68,119 | +€56,806 | +502.1% |
| Other tangible fixed assets | 26 | €180,438 | €134,872 | -€45,566 | -25.3% |
| Current assets | 29/58 | €1,318,785 | €1,270,507 | -€48,278 | -3.7% |
| Stocks and contracts in progress | 3 | €27,221 | €29,083 | +€1,862 | +6.8% |
| Stocks | 30/36 | €27,221 | €29,083 | +€1,862 | +6.8% |
| Amounts receivable within one year | 40/41 | €132,961 | €37,336 | -€95,625 | -71.9% |
| Trade receivables | 40 | €2,144 | €0 | -€2,144 | -100.0% |
| Other amounts receivable | 41 | €130,817 | €37,336 | -€93,481 | -71.5% |
| Current investments | 50/53 | €598,458 | €298,458 | -€300,000 | -50.1% |
| Cash at bank and in hand | 54/58 | €545,318 | €889,403 | +€344,084 | +63.1% |
| Deferred charges and accrued income | 490/1 | €14,827 | €16,227 | +€1,400 | +9.4% |
| Total equity and liabilities | 10/49 | €1,580,149 | €1,589,563 | +€9,414 | +0.6% |
| Equity | 10/15 | €854,630 | €892,989 | +€38,358 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €846,570 | €884,929 | +€38,358 | +4.5% |
| Amounts payable | 17/49 | €725,519 | €696,575 | -€28,944 | -4.0% |
| Amounts payable within one year | 42/48 | €723,972 | €695,213 | -€28,760 | -4.0% |
| Trade debts | 44 | €89,244 | €68,117 | -€21,127 | -23.7% |
| Suppliers | 440/4 | €89,244 | €68,117 | -€21,127 | -23.7% |
| Taxes, remuneration and social security | 45 | €50,831 | €87,267 | +€36,436 | +71.7% |
| Taxes | 450/3 | €2,253 | €17,758 | +€15,506 | +688.3% |
| Remuneration and social security | 454/9 | €48,578 | €69,509 | +€20,930 | +43.1% |
| Other amounts payable | 47/48 | €583,897 | €539,829 | -€44,068 | -7.5% |
| Accrued charges and deferred income | 492/3 | €1,547 | €1,362 | -€185 | -11.9% |
| Remuneration, social security and pensions | 62 | €475,398 | €499,065 | +€23,667 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,685 | €106,016 | +€37,331 | +54.4% |
| Other operating charges | 640/8 | €2,378 | €2,773 | +€395 | +16.6% |
| Gross operating margin | 9900 | €1,171,978 | €1,162,812 | -€9,166 | -0.8% |
| Operating profit (loss) | 9901 | €625,516 | €554,958 | -€70,559 | -11.3% |
| Financial income | 75/76B | €13,465 | €20,773 | +€7,308 | +54.3% |
| Recurring financial income | 75 | €13,465 | €20,773 | +€7,308 | +54.3% |
| Financial charges | 65/66B | €9,376 | €3,169 | -€6,207 | -66.2% |
| Recurring financial charges | 65 | €9,376 | €3,169 | -€6,207 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | €629,606 | €572,563 | -€57,043 | -9.1% |
| Income taxes | 67/77 | €50,489 | €34,204 | -€16,284 | -32.3% |
| Profit (loss) for the period | 9904 | €579,117 | €538,358 | -€40,759 | -7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €579,117 | €538,358 | -€40,759 | -7.0% |
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 3 October 2026 via checked.be.