SIVIT: 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.
SIVIT
Largest movements
- Cash +€36,231
up €36,231 (+76.2%), from €47,554 to €83,785
mainly Net result for the year (+€43,462) and Depreciation (+€7,149)
- Receivables within one year +€16,514
up €16,514 (+110.7%), from €14,915 to €31,429
of which Trade receivables: +€13,976
- Tangible fixed assets -€7,149
down €7,149 (-40.4%), from €17,680 to €10,531
- Profit (loss) carried forward +€43,462
up €43,462 (+62.9%), from €69,112 to €112,574
- Other debts +€2,709
up €2,709 (+182.5%), from €1,485 to €4,194
- Gross operating margin +€40,033
up €40,033 (+170.3%), from €23,508 to €63,541
- Taxes +€6,759
up €6,759 (+118.5%), from €5,703 to €12,461
- Depreciation +€3,303
up €3,303 (+85.9%), from €3,846 to €7,149
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 | €80,953 | €126,957 | +€46,004 | +56.8% |
| Fixed assets | 21/28 | €17,710 | €10,561 | -€7,149 | -40.4% |
| Tangible fixed assets | 22/27 | €17,680 | €10,531 | -€7,149 | -40.4% |
| Furniture and vehicles | 24 | €17,680 | €10,531 | -€7,149 | -40.4% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €63,243 | €116,396 | +€53,153 | +84.0% |
| Amounts receivable within one year | 40/41 | €14,915 | €31,429 | +€16,514 | +110.7% |
| Trade receivables | 40 | €7,986 | €21,962 | +€13,976 | +175.0% |
| Other amounts receivable | 41 | €6,929 | €9,467 | +€2,539 | +36.6% |
| Cash at bank and in hand | 54/58 | €47,554 | €83,785 | +€36,231 | +76.2% |
| Deferred charges and accrued income | 490/1 | €774 | €1,183 | +€409 | +52.8% |
| Total equity and liabilities | 10/49 | €80,953 | €126,957 | +€46,004 | +56.8% |
| Equity | 10/15 | €73,112 | €116,574 | +€43,462 | +59.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,112 | €112,574 | +€43,462 | +62.9% |
| Amounts payable | 17/49 | €7,841 | €10,383 | +€2,542 | +32.4% |
| Amounts payable within one year | 42/48 | €7,841 | €10,383 | +€2,542 | +32.4% |
| Trade debts | 44 | €359 | - | -€359 | |
| Suppliers | 440/4 | €359 | - | -€359 | |
| Taxes, remuneration and social security | 45 | €5,997 | €6,189 | +€192 | +3.2% |
| Taxes | 450/3 | €5,997 | €6,189 | +€192 | +3.2% |
| Other amounts payable | 47/48 | €1,485 | €4,194 | +€2,709 | +182.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,846 | €7,149 | +€3,303 | +85.9% |
| Other operating charges | 640/8 | €639 | €398 | -€241 | -37.7% |
| Gross operating margin | 9900 | €23,508 | €63,541 | +€40,033 | +170.3% |
| Operating profit (loss) | 9901 | €19,023 | €55,994 | +€36,971 | +194.3% |
| Financial charges | 65/66B | €124 | €70 | -€53 | -43.0% |
| Recurring financial charges | 65 | €124 | €70 | -€53 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €18,900 | €55,924 | +€37,024 | +195.9% |
| Income taxes | 67/77 | €5,703 | €12,461 | +€6,759 | +118.5% |
| Profit (loss) for the period | 9904 | €13,197 | €43,462 | +€30,265 | +229.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,197 | €43,462 | +€30,265 | +229.3% |
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 7 October 2026 via checked.be.