Sirius B: 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.
Sirius B
Largest movements
- Financial fixed assets +€748,779
up €748,779 (+12.7%), from €5.9m to €6.6m
- Receivables within one year +€543,993
up €543,993 (+264.8%), from €205,473 to €749,466
of which Other amounts receivable: +€488,645
- Other debts +€749,806
up €749,806 (+17880.2%), from €4,194 to €754,000
- Debts after one year +€396,530
up €396,530 (+13.9%), from €2.9m to €3.3m
of which Financial debts: +€396,530
- Accrued charges and deferred income +€102,601
up €102,601 (+96.8%), from €106,031 to €208,632
- Financial charges +€141,064
up €141,064 (+236.9%), from €59,541 to €200,605
of which Financial charges: +€139,842
- Gross operating margin +€94,774
up €94,774 (+65.2%), from €145,337 to €240,111
- Financial income +€19,464
up €19,464 (+196.5%), from €9,906 to €29,371
- Taxes -€7,293
down €7,293 (-20.1%), from €36,231 to €28,938
- Other operating charges +€2,872
up €2,872 (+28.6%), from €10,049 to €12,921
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 | €7,103,933 | €8,446,169 | +€1.3m | +18.9% |
| Fixed assets | 21/28 | €6,777,714 | €7,568,805 | +€791,091 | +11.7% |
| Tangible fixed assets | 22/27 | €893,266 | €935,578 | +€42,313 | +4.7% |
| Land and buildings | 22 | €546,119 | €546,119 | -€0 | 0.0% |
| Plant, machinery and equipment | 23 | €148 | €61 | -€87 | -59.0% |
| Other tangible fixed assets | 26 | €346,998 | €389,398 | +€42,400 | +12.2% |
| Financial fixed assets | 28 | €5,884,448 | €6,633,227 | +€748,779 | +12.7% |
| Current assets | 29/58 | €326,219 | €877,364 | +€551,145 | +168.9% |
| Amounts receivable after more than one year | 29 | €117,608 | €122,132 | +€4,523 | +3.8% |
| Trade receivables | 290 | €117,608 | €122,132 | +€4,523 | +3.8% |
| Amounts receivable within one year | 40/41 | €205,473 | €749,466 | +€543,993 | +264.8% |
| Trade receivables | 40 | €33,059 | €88,406 | +€55,348 | +167.4% |
| Other amounts receivable | 41 | €172,414 | €661,059 | +€488,645 | +283.4% |
| Cash at bank and in hand | 54/58 | €1,891 | €4,285 | +€2,394 | +126.6% |
| Deferred charges and accrued income | 490/1 | €1,247 | €1,482 | +€234 | +18.8% |
| Total equity and liabilities | 10/49 | €7,103,933 | €8,446,169 | +€1.3m | +18.9% |
| Equity | 10/15 | €2,784,080 | €2,811,011 | +€26,931 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,777,880 | €2,804,811 | +€26,931 | +1.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,777,880 | €2,804,811 | +€26,931 | +1.0% |
| Amounts payable | 17/49 | €4,319,853 | €5,635,158 | +€1.3m | +30.4% |
| Amounts payable after more than one year | 17 | €2,857,892 | €3,254,422 | +€396,530 | +13.9% |
| Financial debts | 170/4 | €2,857,892 | €3,254,422 | +€396,530 | +13.9% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,355,930 | €2,172,104 | +€816,174 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €152,101 | €155,272 | +€3,171 | +2.1% |
| Financial debts | 43 | €1,101,370 | €1,100,000 | -€1,370 | -0.1% |
| Credit institutions | 430/8 | €1,101,370 | €1,100,000 | -€1,370 | -0.1% |
| Trade debts | 44 | €15,655 | €19,512 | +€3,857 | +24.6% |
| Suppliers | 440/4 | €15,655 | €19,512 | +€3,857 | +24.6% |
| Taxes, remuneration and social security | 45 | €82,611 | €143,321 | +€60,709 | +73.5% |
| Taxes | 450/3 | €82,611 | €143,321 | +€60,709 | +73.5% |
| Other amounts payable | 47/48 | €4,194 | €754,000 | +€749,806 | +17880.2% |
| Accrued charges and deferred income | 492/3 | €106,031 | €208,632 | +€102,601 | +96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87 | €87 | = | 0.0% |
| Other operating charges | 640/8 | €10,049 | €12,921 | +€2,872 | +28.6% |
| Gross operating margin | 9900 | €145,337 | €240,111 | +€94,774 | +65.2% |
| Operating profit (loss) | 9901 | €135,201 | €227,103 | +€91,902 | +68.0% |
| Financial income | 75/76B | €9,906 | €29,371 | +€19,464 | +196.5% |
| Recurring financial income | 75 | €9,906 | €29,371 | +€19,464 | +196.5% |
| Financial charges | 65/66B | €59,541 | €200,605 | +€141,064 | +236.9% |
| Recurring financial charges | 65 | €59,541 | €199,383 | +€139,842 | +234.9% |
| Non-recurring financial charges | 66B | - | €1,221 | +€1,221 | |
| Profit (loss) for the period before taxes | 9903 | €85,566 | €55,869 | -€29,697 | -34.7% |
| Income taxes | 67/77 | €36,231 | €28,938 | -€7,293 | -20.1% |
| Profit (loss) for the period | 9904 | €49,335 | €26,931 | -€22,404 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,335 | €26,931 | -€22,404 | -45.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.