Sisqon: 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.
Sisqon
Largest movements
- Current investments +€29,839
new in 2025: €29,839
- Cash +€20,694
up €20,694 (+18.7%), from €110,924 to €131,618
mainly Net result for the year (+€53,647) and Depreciation (+€8,947)
- Tangible fixed assets -€8,947
down €8,947 (-29.3%), from €30,543 to €21,596
- Receivables within one year +€3,053
up €3,053 (+16.0%), from €19,097 to €22,150
of which Other amounts receivable: +€1,634
- Reserves +€53,647
up €53,647 (+46.1%), from €116,487 to €170,134
- Debts after one year -€8,825
down €8,825 (-38.4%), from €22,993 to €14,168
- Gross operating margin -€21,080
down €21,080 (-21.2%), from €99,397 to €78,318
- Taxes -€3,855
down €3,855 (-21.1%), from €18,242 to €14,387
- Financial income +€1,228
new in 2025: €1,228
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 | €161,641 | €207,427 | +€45,786 | +28.3% |
| Fixed assets | 21/28 | €30,543 | €21,596 | -€8,947 | -29.3% |
| Tangible fixed assets | 22/27 | €30,543 | €21,596 | -€8,947 | -29.3% |
| Furniture and vehicles | 24 | €30,543 | €21,596 | -€8,947 | -29.3% |
| Current assets | 29/58 | €131,098 | €185,831 | +€54,733 | +41.7% |
| Amounts receivable within one year | 40/41 | €19,097 | €22,150 | +€3,053 | +16.0% |
| Trade receivables | 40 | €16,992 | €18,411 | +€1,419 | +8.4% |
| Other amounts receivable | 41 | €2,105 | €3,739 | +€1,634 | +77.6% |
| Current investments | 50/53 | - | €29,839 | +€29,839 | |
| Cash at bank and in hand | 54/58 | €110,924 | €131,618 | +€20,694 | +18.7% |
| Deferred charges and accrued income | 490/1 | €1,077 | €2,224 | +€1,147 | +106% |
| Total equity and liabilities | 10/49 | €161,641 | €207,427 | +€45,786 | +28.3% |
| Equity | 10/15 | €118,487 | €172,134 | +€53,647 | +45.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €116,487 | €170,134 | +€53,647 | +46.1% |
| Distributable reserves | 133 | €116,487 | €170,134 | +€53,647 | +46.1% |
| Amounts payable | 17/49 | €43,154 | €35,292 | -€7,861 | -18.2% |
| Amounts payable after more than one year | 17 | €22,993 | €14,168 | -€8,825 | -38.4% |
| Financial debts | 170/4 | €22,993 | €14,168 | -€8,825 | -38.4% |
| Amounts payable within one year | 42/48 | €20,161 | €21,059 | +€898 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €8,450 | €8,825 | +€375 | +4.4% |
| Trade debts | 44 | €2,101 | €2,217 | +€116 | +5.5% |
| Suppliers | 440/4 | €2,101 | €2,217 | +€116 | +5.5% |
| Taxes, remuneration and social security | 45 | €8,261 | €8,663 | +€402 | +4.9% |
| Taxes | 450/3 | €8,261 | €8,663 | +€402 | +4.9% |
| Other amounts payable | 47/48 | €1,349 | €1,354 | +€5 | +0.4% |
| Accrued charges and deferred income | 492/3 | - | €66 | +€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,947 | €8,947 | = | 0.0% |
| Other operating charges | 640/8 | €1,191 | €1,195 | +€4 | +0.3% |
| Gross operating margin | 9900 | €99,397 | €78,318 | -€21,080 | -21.2% |
| Operating profit (loss) | 9901 | €89,259 | €68,176 | -€21,083 | -23.6% |
| Financial income | 75/76B | - | €1,228 | +€1,228 | |
| Recurring financial income | 75 | - | €1,228 | +€1,228 | |
| Financial charges | 65/66B | €1,563 | €1,369 | -€195 | -12.5% |
| Recurring financial charges | 65 | €1,563 | €1,369 | -€195 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €87,695 | €68,034 | -€19,661 | -22.4% |
| Income taxes | 67/77 | €18,242 | €14,387 | -€3,855 | -21.1% |
| Profit (loss) for the period | 9904 | €69,453 | €53,647 | -€15,806 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €69,453 | €53,647 | -€15,806 | -22.8% |
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 15 October 2026 via checked.be.