@SISTERS: 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.
@SISTERS
Largest movements
- Cash +€35,787
up €35,787 (+157%), from €22,864 to €58,651
mainly Trade debts (+€28,499) and Net result for the year (+€17,687)
- Receivables after one year -€9,573
no longer reported in 2025 (was €9,573)
- Deferred charges and accrued income +€5,494
up €5,494 (+737%), from €745 to €6,240
- Trade debts +€28,499
up €28,499 (+176%), from €16,190 to €44,689
- Tax, wage and social debts +€7,034
up €7,034 (+59.4%), from €11,845 to €18,879
of which Taxes: +€7,495
- Other debts -€4,244
down €4,244 (-94.3%), from €4,500 to €256
- Gross operating margin -€17,465
down €17,465 (-27.0%), from €64,644 to €47,179
- Other operating charges -€3,734
down €3,734 (-48.5%), from €7,692 to €3,958
- Taxes -€2,019
down €2,019 (-20.4%), from €9,897 to €7,878
- Staff costs -€1,059
down €1,059 (-18.5%), from €5,736 to €4,677
- Depreciation -€676
down €676 (-21.5%), from €3,139 to €2,462
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 | €55,388 | €87,365 | +€31,977 | +57.7% |
| Fixed assets | 21/28 | €4,431 | €4,543 | +€112 | +2.5% |
| Tangible fixed assets | 22/27 | €4,431 | €4,543 | +€112 | +2.5% |
| Plant, machinery and equipment | 23 | €3,239 | €1,997 | -€1,242 | -38.3% |
| Furniture and vehicles | 24 | €1,192 | €2,546 | +€1,354 | +114% |
| Current assets | 29/58 | €50,957 | €82,822 | +€31,865 | +62.5% |
| Amounts receivable after more than one year | 29 | €9,573 | - | -€9,573 | |
| Other amounts receivable | 291 | €9,573 | - | -€9,573 | |
| Amounts receivable within one year | 40/41 | €17,775 | €17,932 | +€157 | +0.9% |
| Trade receivables | 40 | €17,775 | €17,932 | +€157 | +0.9% |
| Cash at bank and in hand | 54/58 | €22,864 | €58,651 | +€35,787 | +157% |
| Deferred charges and accrued income | 490/1 | €745 | €6,240 | +€5,494 | +737% |
| Total equity and liabilities | 10/49 | €55,388 | €87,365 | +€31,977 | +57.7% |
| Equity | 10/15 | €22,853 | €23,541 | +€687 | +3.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €853 | €1,541 | +€687 | +80.6% |
| Amounts payable | 17/49 | €32,535 | €63,824 | +€31,289 | +96.2% |
| Amounts payable within one year | 42/48 | €32,535 | €63,824 | +€31,289 | +96.2% |
| Trade debts | 44 | €16,190 | €44,689 | +€28,499 | +176% |
| Suppliers | 440/4 | €16,190 | €44,689 | +€28,499 | +176% |
| Taxes, remuneration and social security | 45 | €11,845 | €18,879 | +€7,034 | +59.4% |
| Taxes | 450/3 | €11,384 | €18,879 | +€7,495 | +65.8% |
| Remuneration and social security | 454/9 | €461 | - | -€461 | |
| Other amounts payable | 47/48 | €4,500 | €256 | -€4,244 | -94.3% |
| Remuneration, social security and pensions | 62 | €5,736 | €4,677 | -€1,059 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,139 | €2,462 | -€676 | -21.5% |
| Other operating charges | 640/8 | €7,692 | €3,958 | -€3,734 | -48.5% |
| Gross operating margin | 9900 | €64,644 | €47,179 | -€17,465 | -27.0% |
| Operating profit (loss) | 9901 | €48,078 | €36,081 | -€11,996 | -25.0% |
| Financial income | 75/76B | €383 | €525 | +€142 | +37.0% |
| Recurring financial income | 75 | €383 | €525 | +€142 | +37.0% |
| Financial charges | 65/66B | €11,414 | €11,040 | -€373 | -3.3% |
| Recurring financial charges | 65 | €11,414 | €11,040 | -€373 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €37,047 | €25,566 | -€11,481 | -31.0% |
| Income taxes | 67/77 | €9,897 | €7,878 | -€2,019 | -20.4% |
| Profit (loss) for the period | 9904 | €27,150 | €17,687 | -€9,463 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,150 | €17,687 | -€9,463 | -34.9% |
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.