SISOFI: 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.
SISOFI
Largest movements
- Receivables within one year -€23,935
down €23,935 (-22.8%), from €104,762 to €80,827
of which Other amounts receivable: -€25,319
- Tangible fixed assets -€19,398
down €19,398 (-98.3%), from €19,728 to €330
- Other debts -€28,014
down €28,014 (-38.4%), from €73,014 to €45,000
- Current portion of long-term debt -€21,792
no longer reported in 2025 (was €21,792)
- Financial charges +€58,108
up €58,108 (+61.8%), from €93,960 to €152,068
of which Non-recurring financial charges: +€61,392
- Taxes -€19,606
down €19,606 (-94.0%), from €20,858 to €1,252
- Gross operating margin -€10,844
down €10,844 (-5.8%), from €186,936 to €176,092
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 | €988,266 | €937,939 | -€50,327 | -5.1% |
| Fixed assets | 21/28 | €688,701 | €669,303 | -€19,398 | -2.8% |
| Tangible fixed assets | 22/27 | €19,728 | €330 | -€19,398 | -98.3% |
| Furniture and vehicles | 24 | €19,728 | €330 | -€19,398 | -98.3% |
| Financial fixed assets | 28 | €668,973 | €668,973 | = | 0.0% |
| Current assets | 29/58 | €299,565 | €268,636 | -€30,929 | -10.3% |
| Amounts receivable within one year | 40/41 | €104,762 | €80,827 | -€23,935 | -22.8% |
| Trade receivables | 40 | €27,636 | €29,020 | +€1,384 | +5.0% |
| Other amounts receivable | 41 | €77,126 | €51,807 | -€25,319 | -32.8% |
| Cash at bank and in hand | 54/58 | €47,016 | €39,896 | -€7,120 | -15.1% |
| Deferred charges and accrued income | 490/1 | €147,787 | €147,913 | +€126 | +0.1% |
| Total equity and liabilities | 10/49 | €988,266 | €937,939 | -€50,327 | -5.1% |
| Equity | 10/15 | €876,864 | €879,184 | +€2,320 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €728,760 | €731,080 | +€2,320 | +0.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €726,900 | €729,220 | +€2,320 | +0.3% |
| Profit (loss) carried forward | 14 | €141,904 | €141,904 | = | 0.0% |
| Amounts payable | 17/49 | €111,402 | €58,755 | -€52,647 | -47.3% |
| Amounts payable within one year | 42/48 | €111,314 | €58,182 | -€53,132 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €21,792 | - | -€21,792 | |
| Trade debts | 44 | €994 | €55 | -€939 | -94.5% |
| Suppliers | 440/4 | €994 | €55 | -€939 | -94.5% |
| Taxes, remuneration and social security | 45 | €15,514 | €13,127 | -€2,387 | -15.4% |
| Taxes | 450/3 | €15,513 | €13,127 | -€2,386 | -15.4% |
| Remuneration and social security | 454/9 | €1 | - | -€1 | |
| Other amounts payable | 47/48 | €73,014 | €45,000 | -€28,014 | -38.4% |
| Accrued charges and deferred income | 492/3 | €88 | €573 | +€485 | +551.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,398 | €19,398 | = | 0.0% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€32 | +2.9% |
| Gross operating margin | 9900 | €186,936 | €176,092 | -€10,844 | -5.8% |
| Operating profit (loss) | 9901 | €166,444 | €155,568 | -€10,876 | -6.5% |
| Financial income | 75/76B | €683 | €72 | -€611 | -89.5% |
| Recurring financial income | 75 | €683 | €72 | -€611 | -89.5% |
| Financial charges | 65/66B | €93,960 | €152,068 | +€58,108 | +61.8% |
| Recurring financial charges | 65 | €8,574 | €5,290 | -€3,284 | -38.3% |
| Non-recurring financial charges | 66B | €85,386 | €146,778 | +€61,392 | +71.9% |
| Profit (loss) for the period before taxes | 9903 | €73,167 | €3,572 | -€69,595 | -95.1% |
| Income taxes | 67/77 | €20,858 | €1,252 | -€19,606 | -94.0% |
| Profit (loss) for the period | 9904 | €52,309 | €2,320 | -€49,989 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,309 | €2,320 | -€49,989 | -95.6% |
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 7 October 2026 via checked.be.