SIVING: 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.
SIVING
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€24,238
up €24,238 (+6.6%), from €364,565 to €388,803
- Profit (loss) carried forward -€22,101
down €22,101 (-14.3%), from -€154,678 to -€176,779
- Turnover -€17,600
down €17,600 (-100.0%), from €17,600 to €0
- Gross operating margin -€15,201
down €15,201, from €4,742 to -€10,459
- Purchases and services -€2,400
down €2,400 (-18.7%), from €12,859 to €10,459
- Depreciation +€1,504
up €1,504 (+18.4%), from €8,182 to €9,686
- Other operating charges -€760
down €760 (-29.9%), from €2,545 to €1,785
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 | €284,887 | €287,024 | +€2,137 | +0.8% |
| Fixed assets | 21/28 | €159,306 | €161,606 | +€2,300 | +1.4% |
| Tangible fixed assets | 22/27 | €159,306 | €161,606 | +€2,300 | +1.4% |
| Land and buildings | 22 | €150,242 | €143,946 | -€6,296 | -4.2% |
| Plant, machinery and equipment | 23 | €9,064 | €17,660 | +€8,596 | +94.8% |
| Current assets | 29/58 | €125,581 | €125,418 | -€163 | -0.1% |
| Cash at bank and in hand | 54/58 | €125,040 | €124,868 | -€172 | -0.1% |
| Deferred charges and accrued income | 490/1 | €541 | €550 | +€9 | +1.7% |
| Total equity and liabilities | 10/49 | €284,887 | €287,024 | +€2,137 | +0.8% |
| Equity | 10/15 | -€79,678 | -€101,779 | -€22,101 | -27.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,678 | -€176,779 | -€22,101 | -14.3% |
| Amounts payable | 17/49 | €364,565 | €388,803 | +€24,238 | +6.6% |
| Amounts payable within one year | 42/48 | €364,565 | €388,803 | +€24,238 | +6.6% |
| Other amounts payable | 47/48 | €364,565 | €388,803 | +€24,238 | +6.6% |
| Turnover | 70 | €17,600 | €0 | -€17,600 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,859 | €10,459 | -€2,400 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,182 | €9,686 | +€1,504 | +18.4% |
| Other operating charges | 640/8 | €2,545 | €1,785 | -€760 | -29.9% |
| Non-recurring operating charges | 66A | €28,539 | - | -€28,539 | |
| Gross operating margin | 9900 | €4,742 | -€10,459 | -€15,201 | |
| Operating profit (loss) | 9901 | -€34,524 | -€21,930 | +€12,594 | +36.5% |
| Financial charges | 65/66B | €278 | €171 | -€107 | -38.5% |
| Recurring financial charges | 65 | €278 | €171 | -€107 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | -€34,802 | -€22,101 | +€12,701 | +36.5% |
| Profit (loss) for the period | 9904 | -€34,802 | -€22,101 | +€12,701 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,802 | -€22,101 | +€12,701 | +36.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.