SIVISION SERVICES: 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.
SIVISION SERVICES
Largest movements
- Tangible fixed assets +€9,200
new in 2025: €9,200
- Receivables within one year +€2,859
up €2,859 (+232%), from €1,231 to €4,090
- Cash -€1,087
down €1,087 (-4.0%), from €27,488 to €26,401
mainly Investment in fixed assets (net) (-€11,500) and Receivables within one year (-€2,859)
- Tax, wage and social debts +€9,202
up €9,202 (+583%), from €1,578 to €10,780
of which Remuneration and social security: +€8,870
- Trade debts +€3,209
up €3,209 (+315%), from €1,017 to €4,227
- Profit (loss) carried forward -€1,426
down €1,426 (-6.6%), from €21,592 to €20,166
- Staff costs +€16,379
up €16,379 (+294%), from €5,566 to €21,944
- Gross operating margin +€10,564
up €10,564 (+82.1%), from €12,866 to €23,430
- Depreciation +€2,300
new in 2025: €2,300
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 | €28,719 | €39,691 | +€10,972 | +38.2% |
| Fixed assets | 21/28 | - | €9,200 | +€9,200 | |
| Tangible fixed assets | 22/27 | - | €9,200 | +€9,200 | |
| Furniture and vehicles | 24 | - | €9,200 | +€9,200 | |
| Current assets | 29/58 | €28,719 | €30,491 | +€1,772 | +6.2% |
| Amounts receivable within one year | 40/41 | €1,231 | €4,090 | +€2,859 | +232% |
| Trade receivables | 40 | €1,231 | €4,090 | +€2,859 | +232% |
| Cash at bank and in hand | 54/58 | €27,488 | €26,401 | -€1,087 | -4.0% |
| Total equity and liabilities | 10/49 | €28,719 | €39,691 | +€10,972 | +38.2% |
| Equity | 10/15 | €24,897 | €23,471 | -€1,426 | -5.7% |
| Contributions | 10/11 | €3,305 | €3,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,592 | €20,166 | -€1,426 | -6.6% |
| Amounts payable | 17/49 | €3,822 | €16,220 | +€12,398 | +324% |
| Amounts payable within one year | 42/48 | €3,822 | €16,220 | +€12,398 | +324% |
| Trade debts | 44 | €1,017 | €4,227 | +€3,209 | +315% |
| Suppliers | 440/4 | €1,017 | €4,227 | +€3,209 | +315% |
| Taxes, remuneration and social security | 45 | €1,578 | €10,780 | +€9,202 | +583% |
| Taxes | 450/3 | - | €332 | +€332 | |
| Remuneration and social security | 454/9 | €1,578 | €10,448 | +€8,870 | +562% |
| Other amounts payable | 47/48 | €1,227 | €1,214 | -€13 | -1.1% |
| Remuneration, social security and pensions | 62 | €5,566 | €21,944 | +€16,379 | +294% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,300 | +€2,300 | |
| Other operating charges | 640/8 | €227 | €431 | +€204 | +89.7% |
| Gross operating margin | 9900 | €12,866 | €23,430 | +€10,564 | +82.1% |
| Operating profit (loss) | 9901 | €7,074 | -€1,244 | -€8,318 | |
| Financial charges | 65/66B | €185 | €182 | -€4 | -2.0% |
| Recurring financial charges | 65 | €185 | €182 | -€4 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €6,888 | -€1,426 | -€8,315 | |
| Profit (loss) for the period | 9904 | €6,888 | -€1,426 | -€8,315 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,888 | -€1,426 | -€8,315 |
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 17 October 2026 via checked.be.