SIV CONSULTING: 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.
SIV CONSULTING
Largest movements
- Cash -€29,322
down €29,322 (-54.9%), from €53,395 to €24,073
mainly Net result for the year (-€22,613) and Contributions, distributions and other (-€16,338)
- Receivables within one year +€10,822
up €10,822 (+806%), from €1,343 to €12,165
of which Trade receivables: +€11,905
- Tangible fixed assets -€2,453
down €2,453 (-26.3%), from €9,338 to €6,885
of which Other tangible fixed assets: -€1,318
- Profit (loss) carried forward -€22,613
down €22,613 (-123%), from -€18,331 to -€40,943
- Reserves -€16,338
down €16,338 (-23.6%), from €69,303 to €52,965
of which Distributable reserves: -€16,338
- Other debts +€15,189
up €15,189 (+511%), from €2,972 to €18,161
- Trade debts +€2,078
up €2,078 (+152%), from €1,372 to €3,450
- Gross operating margin +€49,068
up €49,068 (+76.8%), from -€63,917 to -€14,849
- Taxes +€3,573
up €3,573 (+1,863%), from €192 to €3,765
- Depreciation -€1,822
down €1,822 (-42.6%), from €4,275 to €2,453
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 | €76,366 | €54,897 | -€21,469 | -28.1% |
| Fixed assets | 21/28 | €11,093 | €8,640 | -€2,453 | -22.1% |
| Tangible fixed assets | 22/27 | €9,338 | €6,885 | -€2,453 | -26.3% |
| Plant, machinery and equipment | 23 | €1,417 | €856 | -€561 | -39.6% |
| Furniture and vehicles | 24 | €3,821 | €3,247 | -€574 | -15.0% |
| Other tangible fixed assets | 26 | €4,100 | €2,782 | -€1,318 | -32.1% |
| Financial fixed assets | 28 | €1,755 | €1,755 | = | 0.0% |
| Current assets | 29/58 | €65,273 | €46,258 | -€19,015 | -29.1% |
| Amounts receivable within one year | 40/41 | €1,343 | €12,165 | +€10,822 | +806% |
| Trade receivables | 40 | - | €11,905 | +€11,905 | |
| Other amounts receivable | 41 | €1,343 | €260 | -€1,083 | -80.6% |
| Cash at bank and in hand | 54/58 | €53,395 | €24,073 | -€29,322 | -54.9% |
| Deferred charges and accrued income | 490/1 | €10,535 | €10,019 | -€516 | -4.9% |
| Total equity and liabilities | 10/49 | €76,366 | €54,897 | -€21,469 | -28.1% |
| Equity | 10/15 | €69,573 | €30,622 | -€38,951 | -56.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,303 | €52,965 | -€16,338 | -23.6% |
| Tax-exempt reserves | 132 | €3,850 | €3,850 | = | 0.0% |
| Distributable reserves | 133 | €65,453 | €49,115 | -€16,338 | -25.0% |
| Profit (loss) carried forward | 14 | -€18,331 | -€40,943 | -€22,613 | -123% |
| Amounts payable | 17/49 | €6,793 | €24,276 | +€17,482 | +257% |
| Amounts payable within one year | 42/48 | €6,793 | €24,276 | +€17,482 | +257% |
| Trade debts | 44 | €1,372 | €3,450 | +€2,078 | +152% |
| Suppliers | 440/4 | €1,372 | €3,450 | +€2,078 | +152% |
| Taxes, remuneration and social security | 45 | €2,450 | €2,665 | +€215 | +8.8% |
| Taxes | 450/3 | €975 | €2,390 | +€1,415 | +145% |
| Remuneration and social security | 454/9 | €1,475 | €275 | -€1,200 | -81.4% |
| Other amounts payable | 47/48 | €2,972 | €18,161 | +€15,189 | +511% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,275 | €2,453 | -€1,822 | -42.6% |
| Other operating charges | 640/8 | €1,362 | €1,400 | +€38 | +2.8% |
| Gross operating margin | 9900 | -€63,917 | -€14,849 | +€49,068 | +76.8% |
| Operating profit (loss) | 9901 | -€69,555 | -€18,703 | +€50,852 | +73.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €118 | €146 | +€28 | +23.5% |
| Recurring financial charges | 65 | €118 | €146 | +€28 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | -€69,673 | -€18,848 | +€50,825 | +72.9% |
| Income taxes | 67/77 | €192 | €3,765 | +€3,573 | +1,863% |
| Profit (loss) for the period | 9904 | -€69,865 | -€22,613 | +€47,252 | +67.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,865 | -€22,613 | +€47,252 | +67.6% |
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 20 October 2026 via checked.be.