SiVaCare: what changed
What changed
SiVaCare
NACE 47.781, Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
filed annual accounts (NBB)
Net result for the year
€126,683
2024 · €135,737-€9,054
Equity
€609,741
2024 · €483,057+€126,683
Cash
€70,132
2024 · €214,712-€144,580
Balance sheet total
€2.0m
2024 · €2.1m-€98,500
Largest movements
Assets
- Cash -€144,580
down €144,580 (-67.3%), from €214,712 to €70,132
mainly Other debts (-€141,527) and Receivables within one year (-€130,140)
- Receivables within one year +€130,140
up €130,140 (+60.7%), from €214,338 to €344,478
of which Trade receivables: +€174,655
- Tangible fixed assets -€96,647
down €96,647 (-6.6%), from €1.5m to €1.4m
of which Land and buildings: -€110,927
Equity and liabilities
- Other debts -€141,527
down €141,527 (-100%), from €141,527 to €0
- Reserves +€126,683
up €126,683 (+27.3%), from €464,457 to €591,141
- Debts after one year -€106,401
down €106,401 (-10.7%), from €991,643 to €885,242
- Short-term financial debts -€80,111
down €80,111 (-100%), from €80,111 to €0
- Trade debts +€69,919
up €69,919 (+29.7%), from €235,769 to €305,688
Income statement
- Staff costs +€31,218
up €31,218 (+13.5%), from €230,413 to €261,631
- Financial charges -€13,882
down €13,882 (-31.5%), from €44,092 to €30,210
- Gross operating margin +€11,796
up €11,796 (+2.0%), from €591,243 to €603,039
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€135,737
Gross operating margin
+€11,796
Staff costs
-€31,218
Depreciation
-€4,770
Other operating charges
-€417
Financial income
+€22
Financial charges
+€13,882
Taxes
+€1,652
Result 2025
€126,683
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€49,523
Investment
-€24,490
Financing
-€169,613
Cash 2024
€214,712
From operations (derived)
+€49,523
Net result for the year
+€126,683
Depreciation
+€121,137
Stocks and contracts
-€619
Receivables within one year
-€130,140
Deferred charges and accrued income
-€11,968
Trade debts
+€69,919
Tax, wage and social debts
+€8,115
Other debts
-€141,527
Accrued charges and deferred income
+€7,923
Investment (derived)
-€24,490
Investment in fixed assets (net)
-€24,490
Financing
-€169,613
Debts after one year
-€106,401
Current portion of long-term debt
+€16,899
Short-term financial debts
-€80,111
Cash 2025
€70,132
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,070,751 | €1,972,251 | -€98,500 | -4.8% |
| Fixed assets | 21/28 | €1,466,144 | €1,369,497 | -€96,647 | -6.6% |
| Tangible fixed assets | 22/27 | €1,466,144 | €1,369,497 | -€96,647 | -6.6% |
| Land and buildings | 22 | €1,451,911 | €1,340,984 | -€110,927 | -7.6% |
| Plant, machinery and equipment | 23 | €9,103 | €6,663 | -€2,440 | -26.8% |
| Furniture and vehicles | 24 | €5,130 | €21,850 | +€16,720 | +326% |
| Current assets | 29/58 | €604,607 | €602,754 | -€1,853 | -0.3% |
| Stocks and contracts in progress | 3 | €129,463 | €130,081 | +€619 | +0.5% |
| Stocks | 30/36 | €129,463 | €130,081 | +€619 | +0.5% |
| Amounts receivable within one year | 40/41 | €214,338 | €344,478 | +€130,140 | +60.7% |
| Trade receivables | 40 | €157,588 | €332,243 | +€174,655 | +111% |
| Other amounts receivable | 41 | €56,750 | €12,235 | -€44,515 | -78.4% |
| Cash at bank and in hand | 54/58 | €214,712 | €70,132 | -€144,580 | -67.3% |
| Deferred charges and accrued income | 490/1 | €46,095 | €58,062 | +€11,968 | +26.0% |
| Total equity and liabilities | 10/49 | €2,070,751 | €1,972,251 | -€98,500 | -4.8% |
| Equity | 10/15 | €483,057 | €609,741 | +€126,683 | +26.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €464,457 | €591,141 | +€126,683 | +27.3% |
| Distributable reserves | 133 | €464,457 | €591,141 | +€126,683 | +27.3% |
| Amounts payable | 17/49 | €1,587,693 | €1,362,510 | -€225,183 | -14.2% |
| Amounts payable after more than one year | 17 | €991,643 | €885,242 | -€106,401 | -10.7% |
| Financial debts | 170/4 | €991,643 | €885,242 | -€106,401 | -10.7% |
| Amounts payable within one year | 42/48 | €596,050 | €469,345 | -€126,706 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €104,668 | €121,567 | +€16,899 | +16.1% |
| Financial debts | 43 | €80,111 | €0 | -€80,111 | -100% |
| Credit institutions | 430/8 | €80,111 | €0 | -€80,111 | -100% |
| Trade debts | 44 | €235,769 | €305,688 | +€69,919 | +29.7% |
| Suppliers | 440/4 | €235,769 | €305,688 | +€69,919 | +29.7% |
| Taxes, remuneration and social security | 45 | €33,975 | €42,090 | +€8,115 | +23.9% |
| Taxes | 450/3 | €3,227 | €7,541 | +€4,314 | +134% |
| Remuneration and social security | 454/9 | €30,748 | €34,548 | +€3,800 | +12.4% |
| Other amounts payable | 47/48 | €141,527 | €0 | -€141,527 | -100% |
| Accrued charges and deferred income | 492/3 | - | €7,923 | +€7,923 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €230,413 | €261,631 | +€31,218 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,367 | €121,137 | +€4,770 | +4.1% |
| Other operating charges | 640/8 | €12,642 | €13,059 | +€417 | +3.3% |
| Gross operating margin | 9900 | €591,243 | €603,039 | +€11,796 | +2.0% |
| Operating profit (loss) | 9901 | €231,821 | €207,212 | -€24,609 | -10.6% |
| Financial income | 75/76B | €4 | €26 | +€22 | +550% |
| Recurring financial income | 75 | €4 | €26 | +€22 | +550% |
| Financial charges | 65/66B | €44,092 | €30,210 | -€13,882 | -31.5% |
| Recurring financial charges | 65 | €44,092 | €30,210 | -€13,882 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | €187,733 | €177,028 | -€10,706 | -5.7% |
| Income taxes | 67/77 | €51,996 | €50,344 | -€1,652 | -3.2% |
| Profit (loss) for the period | 9904 | €135,737 | €126,683 | -€9,054 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €135,737 | €126,683 | -€9,054 | -6.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.