SIVOLINE DESIGN: 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.
SIVOLINE DESIGN
Largest movements
- Receivables within one year +€43,681
up €43,681 (+95.5%), from €45,763 to €89,444
of which Trade receivables: +€47,239
- Cash -€20,505
down €20,505 (-41.6%), from €49,338 to €28,833
mainly Receivables within one year (-€43,681) and Debts after one year (-€12,687)
- Tangible fixed assets -€12,280
down €12,280 (-35.0%), from €35,118 to €22,838
of which Furniture and vehicles: -€11,580
- Other debts +€21,521
up €21,521 (+450%), from €4,782 to €26,303
- Debts after one year -€12,687
down €12,687 (-56.7%), from €22,365 to €9,678
- Tax, wage and social debts -€11,533
down €11,533 (-58.9%), from €19,572 to €8,039
- Current portion of long-term debt +€7,320
new in 2025: €7,320
- Accrued charges and deferred income +€3,075
new in 2025: €3,075
- Gross operating margin -€18,201
down €18,201 (-54.9%), from €33,164 to €14,962
- Depreciation +€10,207
up €10,207 (+288%), from €3,544 to €13,750
- Taxes -€10,111
down €10,111, from €6,202 to -€3,909
- Financial charges +€2,651
up €2,651 (+4,909%), from €54 to €2,705
- Other operating charges -€1,472
down €1,472 (-46.6%), from €3,160 to €1,688
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 | €131,014 | €142,473 | +€11,459 | +8.7% |
| Fixed assets | 21/28 | €35,118 | €22,838 | -€12,280 | -35.0% |
| Tangible fixed assets | 22/27 | €35,118 | €22,838 | -€12,280 | -35.0% |
| Plant, machinery and equipment | 23 | €1,202 | €502 | -€700 | -58.2% |
| Furniture and vehicles | 24 | €33,916 | €22,335 | -€11,580 | -34.1% |
| Current assets | 29/58 | €95,896 | €119,635 | +€23,739 | +24.8% |
| Amounts receivable within one year | 40/41 | €45,763 | €89,444 | +€43,681 | +95.5% |
| Trade receivables | 40 | €41,535 | €88,774 | +€47,239 | +114% |
| Other amounts receivable | 41 | €4,228 | €670 | -€3,558 | -84.2% |
| Cash at bank and in hand | 54/58 | €49,338 | €28,833 | -€20,505 | -41.6% |
| Deferred charges and accrued income | 490/1 | €795 | €1,358 | +€563 | +70.8% |
| Total equity and liabilities | 10/49 | €131,014 | €142,473 | +€11,459 | +8.7% |
| Equity | 10/15 | €81,734 | €82,462 | +€728 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €61,274 | €62,002 | +€728 | +1.2% |
| Amounts payable | 17/49 | €49,280 | €60,011 | +€10,731 | +21.8% |
| Amounts payable after more than one year | 17 | €22,365 | €9,678 | -€12,687 | -56.7% |
| Financial debts | 170/4 | €22,365 | €9,678 | -€12,687 | -56.7% |
| Amounts payable within one year | 42/48 | €26,915 | €47,258 | +€20,343 | +75.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,320 | +€7,320 | |
| Trade debts | 44 | €2,560 | €5,595 | +€3,035 | +119% |
| Suppliers | 440/4 | €2,560 | €5,595 | +€3,035 | +119% |
| Taxes, remuneration and social security | 45 | €19,572 | €8,039 | -€11,533 | -58.9% |
| Taxes | 450/3 | €19,572 | €8,039 | -€11,533 | -58.9% |
| Other amounts payable | 47/48 | €4,782 | €26,303 | +€21,521 | +450% |
| Accrued charges and deferred income | 492/3 | - | €3,075 | +€3,075 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,544 | €13,750 | +€10,207 | +288% |
| Other operating charges | 640/8 | €3,160 | €1,688 | -€1,472 | -46.6% |
| Gross operating margin | 9900 | €33,164 | €14,962 | -€18,201 | -54.9% |
| Operating profit (loss) | 9901 | €26,460 | -€476 | -€26,936 | |
| Financial charges | 65/66B | €54 | €2,705 | +€2,651 | +4,909% |
| Recurring financial charges | 65 | €54 | €2,705 | +€2,651 | +4,909% |
| Profit (loss) for the period before taxes | 9903 | €26,406 | -€3,181 | -€29,587 | |
| Income taxes | 67/77 | €6,202 | -€3,909 | -€10,111 | |
| Profit (loss) for the period | 9904 | €20,203 | €728 | -€19,476 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,203 | €728 | -€19,476 | -96.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.