Sistermans Management: 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.
Sistermans Management
Largest movements
- Tangible fixed assets +€42,417
new in 2025: €42,417
- Receivables within one year +€37,552
up €37,552 (+141%), from €26,566 to €64,117
of which Trade receivables: +€32,119
- Cash +€32,042
up €32,042 (+1,068%), from €3,000 to €35,042
mainly Net result for the year (+€118,272) and Other debts (+€30,867)
- Profit (loss) carried forward +€88,272
up €88,272 (+619%), from €14,250 to €102,522
- Other debts +€30,867
up €30,867 (+1,858%), from €1,661 to €32,529
- Tax, wage and social debts -€9,134
down €9,134 (-100%), from €9,134 to €0
- Trade debts +€3,343
up €3,343 (+220%), from €1,520 to €4,862
- Gross operating margin +€132,126
up €132,126 (+676%), from €19,543 to €151,670
- Taxes +€26,193
up €26,193 (+551%), from €4,750 to €30,943
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 | €29,566 | €142,913 | +€113,348 | +383% |
| Fixed assets | 21/28 | - | €42,417 | +€42,417 | |
| Tangible fixed assets | 22/27 | - | €42,417 | +€42,417 | |
| Furniture and vehicles | 24 | - | €42,417 | +€42,417 | |
| Current assets | 29/58 | €29,566 | €100,496 | +€70,931 | +240% |
| Amounts receivable within one year | 40/41 | €26,566 | €64,117 | +€37,552 | +141% |
| Trade receivables | 40 | €26,566 | €58,685 | +€32,119 | +121% |
| Other amounts receivable | 41 | - | €5,432 | +€5,432 | |
| Cash at bank and in hand | 54/58 | €3,000 | €35,042 | +€32,042 | +1,068% |
| Deferred charges and accrued income | 490/1 | - | €1,338 | +€1,338 | |
| Total equity and liabilities | 10/49 | €29,566 | €142,913 | +€113,348 | +383% |
| Equity | 10/15 | €17,250 | €105,522 | +€88,272 | +512% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,250 | €102,522 | +€88,272 | +619% |
| Amounts payable | 17/49 | €12,315 | €37,391 | +€25,076 | +204% |
| Amounts payable within one year | 42/48 | €12,315 | €37,391 | +€25,076 | +204% |
| Trade debts | 44 | €1,520 | €4,862 | +€3,343 | +220% |
| Suppliers | 440/4 | €1,520 | €4,862 | +€3,343 | +220% |
| Taxes, remuneration and social security | 45 | €9,134 | €0 | -€9,134 | -100% |
| Taxes | 450/3 | €9,134 | €0 | -€9,134 | -100% |
| Other amounts payable | 47/48 | €1,661 | €32,529 | +€30,867 | +1,858% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €504 | +€504 | |
| Other operating charges | 640/8 | €543 | €1,822 | +€1,279 | +236% |
| Gross operating margin | 9900 | €19,543 | €151,670 | +€132,126 | +676% |
| Operating profit (loss) | 9901 | €19,000 | €149,344 | +€130,343 | +686% |
| Financial charges | 65/66B | - | €129 | +€129 | |
| Recurring financial charges | 65 | - | €129 | +€129 | |
| Profit (loss) for the period before taxes | 9903 | €19,000 | €149,214 | +€130,214 | +685% |
| Income taxes | 67/77 | €4,750 | €30,943 | +€26,193 | +551% |
| Profit (loss) for the period | 9904 | €14,250 | €118,272 | +€104,021 | +730% |
| Profit (loss) for the period to be appropriated | 9905 | €14,250 | €118,272 | +€104,021 | +730% |
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 17 October 2026 via checked.be.