SIVA: 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.
SIVA
Largest movements
- Cash -€17,619
down €17,619 (-74.2%), from €23,754 to €6,135
mainly Other debts (-€10,543) and Net result for the year (-€4,039)
- Tangible fixed assets -€433
down €433 (-66.7%), from €649 to €216
- Other debts -€10,543
down €10,543 (-43.2%), from €24,429 to €13,887
- Profit (loss) carried forward -€4,039
down €4,039 (-7.9%), from -€50,856 to -€54,895
- Trade debts -€3,199
down €3,199 (-78.1%), from €4,097 to €898
- Gross operating margin +€3,085
up €3,085 (+49.3%), from -€6,259 to -€3,174
- Other operating charges -€238
down €238 (-54.4%), from €438 to €200
- Depreciation -€226
down €226 (-34.3%), from €659 to €433
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 | €25,930 | €8,150 | -€17,780 | -68.6% |
| Fixed assets | 21/28 | €649 | €216 | -€433 | -66.7% |
| Tangible fixed assets | 22/27 | €649 | €216 | -€433 | -66.7% |
| Furniture and vehicles | 24 | €649 | €216 | -€433 | -66.7% |
| Current assets | 29/58 | €25,281 | €7,934 | -€17,348 | -68.6% |
| Amounts receivable within one year | 40/41 | €1,528 | €1,714 | +€186 | +12.2% |
| Trade receivables | 40 | €484 | €1,223 | +€739 | +153% |
| Other amounts receivable | 41 | €1,044 | €490 | -€553 | -53.0% |
| Cash at bank and in hand | 54/58 | €23,754 | €6,135 | -€17,619 | -74.2% |
| Deferred charges and accrued income | 490/1 | - | €86 | +€86 | |
| Total equity and liabilities | 10/49 | €25,930 | €8,150 | -€17,780 | -68.6% |
| Equity | 10/15 | -€2,596 | -€6,635 | -€4,039 | -156% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,660 | €29,660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,800 | €27,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,856 | -€54,895 | -€4,039 | -7.9% |
| Amounts payable | 17/49 | €28,526 | €14,785 | -€13,741 | -48.2% |
| Amounts payable within one year | 42/48 | €28,526 | €14,785 | -€13,741 | -48.2% |
| Trade debts | 44 | €4,097 | €898 | -€3,199 | -78.1% |
| Suppliers | 440/4 | €4,097 | €898 | -€3,199 | -78.1% |
| Other amounts payable | 47/48 | €24,429 | €13,887 | -€10,543 | -43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €659 | €433 | -€226 | -34.3% |
| Other operating charges | 640/8 | €438 | €200 | -€238 | -54.4% |
| Gross operating margin | 9900 | -€6,259 | -€3,174 | +€3,085 | +49.3% |
| Operating profit (loss) | 9901 | -€7,356 | -€3,807 | +€3,549 | +48.2% |
| Financial income | 75/76B | €25 | €55 | +€30 | +120% |
| Recurring financial income | 75 | €25 | €55 | +€30 | +120% |
| Financial charges | 65/66B | €316 | €287 | -€29 | -9.1% |
| Recurring financial charges | 65 | €316 | €287 | -€29 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,647 | -€4,039 | +€3,608 | +47.2% |
| Income taxes | 67/77 | -€50 | - | +€50 | |
| Profit (loss) for the period | 9904 | -€7,597 | -€4,039 | +€3,558 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,597 | -€4,039 | +€3,558 | +46.8% |
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 29 October 2026 via checked.be.