SIVIA: what changed
Two fiscal 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.
SIVIA
Largest movements
- Stocks and contracts +€17,780
up €17,780 (+36.9%), from €48,239 to €66,019
- Cash +€10,306
up €10,306 (+113.3%), from €9,093 to €19,399
mainly Net result for the year (+€32,816) and Tax, wage and social debts (+€7,697)
- Receivables within one year +€2,087
up €2,087 (+38.9%), from €5,371 to €7,458
- Profit (loss) carried forward +€32,816
up €32,816, from -€24,848 to €7,968
- Tax, wage and social debts +€7,697
up €7,697 (+101.5%), from €7,584 to €15,281
of which Remuneration and social security: +€6,955
- Other debts -€7,315
down €7,315 (-9.5%), from €76,600 to €69,285
- Trade debts -€3,025
down €3,025 (-74.5%), from €4,060 to €1,035
- Staff costs -€19,522
down €19,522 (-28.9%), from €67,454 to €47,932
- Gross operating margin +€7,074
up €7,074 (+9.2%), from €77,071 to €84,144
- Other operating charges -€1,614
down €1,614 (-49.8%), from €3,243 to €1,629
- Financial charges -€1,429
down €1,429 (-44.7%), from €3,197 to €1,768
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,215 | €100,389 | +€30,174 | +43.0% |
| Fixed assets | 21/28 | €7,513 | €7,513 | = | 0.0% |
| Financial fixed assets | 28 | €7,513 | €7,513 | = | 0.0% |
| Current assets | 29/58 | €62,703 | €92,876 | +€30,174 | +48.1% |
| Stocks and contracts in progress | 3 | €48,239 | €66,019 | +€17,780 | +36.9% |
| Stocks | 30/36 | €48,239 | €66,019 | +€17,780 | +36.9% |
| Amounts receivable within one year | 40/41 | €5,371 | €7,458 | +€2,087 | +38.9% |
| Other amounts receivable | 41 | €5,371 | €7,458 | +€2,087 | +38.9% |
| Cash at bank and in hand | 54/58 | €9,093 | €19,399 | +€10,306 | +113.3% |
| Total equity and liabilities | 10/49 | €70,215 | €100,389 | +€30,174 | +43.0% |
| Equity | 10/15 | -€18,028 | €14,788 | +€32,816 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,848 | €7,968 | +€32,816 | |
| Amounts payable | 17/49 | €88,243 | €85,601 | -€2,643 | -3.0% |
| Amounts payable within one year | 42/48 | €88,243 | €85,601 | -€2,643 | -3.0% |
| Trade debts | 44 | €4,060 | €1,035 | -€3,025 | -74.5% |
| Suppliers | 440/4 | €4,060 | €1,035 | -€3,025 | -74.5% |
| Taxes, remuneration and social security | 45 | €7,584 | €15,281 | +€7,697 | +101.5% |
| Taxes | 450/3 | €7,584 | €8,327 | +€742 | +9.8% |
| Remuneration and social security | 454/9 | - | €6,955 | +€6,955 | |
| Other amounts payable | 47/48 | €76,600 | €69,285 | -€7,315 | -9.5% |
| Remuneration, social security and pensions | 62 | €67,454 | €47,932 | -€19,522 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304 | - | -€304 | |
| Other operating charges | 640/8 | €3,243 | €1,629 | -€1,614 | -49.8% |
| Gross operating margin | 9900 | €77,071 | €84,144 | +€7,074 | +9.2% |
| Operating profit (loss) | 9901 | €6,070 | €34,584 | +€28,514 | +469.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,197 | €1,768 | -€1,429 | -44.7% |
| Recurring financial charges | 65 | €3,197 | €1,768 | -€1,429 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | €2,874 | €32,816 | +€29,942 | +1041.8% |
| Profit (loss) for the period | 9904 | €2,874 | €32,816 | +€29,942 | +1041.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,874 | €32,816 | +€29,942 | +1041.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.