SISYPHUS TECHNOLOGIES: 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.
SISYPHUS TECHNOLOGIES
Largest movements
- Cash +€4,787
up €4,787 (+26.7%), from €17,961 to €22,748
mainly Other debts (+€6,507) and Net result for the year (+€5,453)
- Other debts +€6,507
up €6,507 (+533.6%), from €1,219 to €7,727
- Gross operating margin -€30,395
down €30,395 (-72.5%), from €41,939 to €11,544
- Taxes -€9,413
down €9,413 (-72.0%), from €13,066 to €3,653
- Depreciation -€1,133
down €1,133 (-48.9%), from €2,316 to €1,183
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 | €118,914 | €125,109 | +€6,195 | +5.2% |
| Fixed assets | 21/28 | €81,472 | €81,795 | +€323 | +0.4% |
| Tangible fixed assets | 22/27 | €1,412 | €1,795 | +€383 | +27.2% |
| Furniture and vehicles | 24 | €1,412 | €1,795 | +€383 | +27.2% |
| Financial fixed assets | 28 | €80,060 | €80,000 | -€60 | -0.1% |
| Current assets | 29/58 | €37,442 | €43,313 | +€5,872 | +15.7% |
| Amounts receivable within one year | 40/41 | €19,118 | €19,207 | +€89 | +0.5% |
| Trade receivables | 40 | €19,118 | €14,287 | -€4,831 | -25.3% |
| Other amounts receivable | 41 | €0 | €4,920 | +€4,920 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €17,961 | €22,748 | +€4,787 | +26.7% |
| Deferred charges and accrued income | 490/1 | €363 | €1,359 | +€996 | +274.6% |
| Total equity and liabilities | 10/49 | €118,914 | €125,109 | +€6,195 | +5.2% |
| Equity | 10/15 | €107,756 | €106,802 | -€953 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,156 | €88,202 | -€953 | -1.1% |
| Distributable reserves | 133 | €89,156 | €88,202 | -€953 | -1.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,158 | €18,307 | +€7,148 | +64.1% |
| Amounts payable within one year | 42/48 | €11,158 | €18,307 | +€7,148 | +64.1% |
| Financial debts | 43 | €378 | €1,112 | +€734 | +194.0% |
| Credit institutions | 430/8 | €378 | €1,112 | +€734 | +194.0% |
| Trade debts | 44 | €1,352 | €2,244 | +€892 | +66.0% |
| Suppliers | 440/4 | €1,352 | €2,244 | +€892 | +66.0% |
| Taxes, remuneration and social security | 45 | €8,209 | €7,224 | -€985 | -12.0% |
| Taxes | 450/3 | €8,209 | €7,224 | -€985 | -12.0% |
| Other amounts payable | 47/48 | €1,219 | €7,727 | +€6,507 | +533.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,316 | €1,183 | -€1,133 | -48.9% |
| Other operating charges | 640/8 | €387 | €458 | +€70 | +18.2% |
| Non-recurring operating charges | 66A | - | €60 | +€60 | |
| Gross operating margin | 9900 | €41,939 | €11,544 | -€30,395 | -72.5% |
| Operating profit (loss) | 9901 | €39,235 | €9,843 | -€29,392 | -74.9% |
| Financial charges | 65/66B | €630 | €737 | +€108 | +17.1% |
| Recurring financial charges | 65 | €630 | €737 | +€108 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €38,606 | €9,106 | -€29,500 | -76.4% |
| Income taxes | 67/77 | €13,066 | €3,653 | -€9,413 | -72.0% |
| Profit (loss) for the period | 9904 | €25,540 | €5,453 | -€20,087 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,540 | €5,453 | -€20,087 | -78.6% |
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 11 October 2026 via checked.be.