SIDEMAP: what changed
What changed
SIDEMAP
filed annual accounts (NBB)
Net result for the year
€255,060
2024 · €137,442+€117,619
Equity
€976,657
2024 · €740,596+€236,060
Cash
€66,792
2024 · €80,895-€14,104
Balance sheet total
€988,210
2024 · €865,675+€122,535
Largest movements
Assets
- Receivables within one year +€143,409
up €143,409 (+49.1%), from €291,881 to €435,290
of which Other amounts receivable: +€148,887
- Current investments +€129,092
up €129,092 (+42.1%), from €306,708 to €435,801
- Deferred charges and accrued income -€110,641
down €110,641 (-85.4%), from €129,500 to €18,859
- Receivables after one year -€18,050
down €18,050 (-45.9%), from €39,309 to €21,259
- Cash -€14,104
down €14,104 (-17.4%), from €80,895 to €66,792
mainly Receivables within one year (-€143,409) and Current investments (-€129,092)
Equity and liabilities
- Reserves +€236,060
up €236,060 (+36.3%), from €650,151 to €886,211
of which Distributable reserves: +€236,060
- Accrued charges and deferred income -€72,355
no longer reported in 2025 (was €72,355)
- Tax, wage and social debts -€21,489
down €21,489 (-86.0%), from €24,999 to €3,510
- Current portion of long-term debt -€11,690
down €11,690 (-75.6%), from €15,463 to €3,773
Income statement
- Gross operating margin +€156,876
up €156,876 (+79.7%), from €196,744 to €353,620
- Taxes +€52,878
up €52,878 (+86.4%), from €61,210 to €114,088
- Financial income +€13,268
up €13,268 (+107%), from €12,402 to €25,671
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€137,442
Gross operating margin
+€156,876
Depreciation
-€221
Other operating charges
-€21
Other operating items
-€331
Financial income
+€13,268
Financial charges
+€926
Taxes
-€52,878
Result 2025
€255,060
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€147,214
Investment
-€128,761
Financing
-€32,557
Cash 2024
€80,895
From operations (derived)
+€147,214
Net result for the year
+€255,060
Depreciation
+€6,841
Receivables after one year
+€18,050
Receivables within one year
-€143,409
Deferred charges and accrued income
+€110,641
Trade debts
-€6,125
Tax, wage and social debts
-€21,489
Accrued charges and deferred income
-€72,355
Investment (derived)
-€128,761
Investment in fixed assets (net)
+€331
Current investments
-€129,092
Financing
-€32,557
Debts after one year
-€3,773
Current portion of long-term debt
-€11,690
Short-term financial debts
+€1,907
Contributions, distributions and other
-€19,000
Cash 2025
€66,792
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €865,675 | €988,210 | +€122,535 | +14.2% |
| Fixed assets | 21/28 | €17,382 | €10,209 | -€7,172 | -41.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €17,382 | €10,209 | -€7,172 | -41.3% |
| Land and buildings | 22 | €6,537 | €1,752 | -€4,785 | -73.2% |
| Plant, machinery and equipment | 23 | €8,146 | €7,121 | -€1,025 | -12.6% |
| Furniture and vehicles | 24 | €2,699 | €1,336 | -€1,362 | -50.5% |
| Current assets | 29/58 | €848,293 | €978,000 | +€129,707 | +15.3% |
| Amounts receivable after more than one year | 29 | €39,309 | €21,259 | -€18,050 | -45.9% |
| Other amounts receivable | 291 | €39,309 | €21,259 | -€18,050 | -45.9% |
| Amounts receivable within one year | 40/41 | €291,881 | €435,290 | +€143,409 | +49.1% |
| Trade receivables | 40 | €5,478 | - | -€5,478 | |
| Other amounts receivable | 41 | €286,403 | €435,290 | +€148,887 | +52.0% |
| Current investments | 50/53 | €306,708 | €435,801 | +€129,092 | +42.1% |
| Cash at bank and in hand | 54/58 | €80,895 | €66,792 | -€14,104 | -17.4% |
| Deferred charges and accrued income | 490/1 | €129,500 | €18,859 | -€110,641 | -85.4% |
| Total equity and liabilities | 10/49 | €865,675 | €988,210 | +€122,535 | +14.2% |
| Equity | 10/15 | €740,596 | €976,657 | +€236,060 | +31.9% |
| Contributions | 10/11 | €90,446 | €90,446 | = | 0.0% |
| Reserves | 13 | €650,151 | €886,211 | +€236,060 | +36.3% |
| Non-distributable reserves | 130/1 | €9,665 | €9,665 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,665 | €9,665 | = | 0.0% |
| Distributable reserves | 133 | €640,486 | €876,547 | +€236,060 | +36.9% |
| Amounts payable | 17/49 | €125,079 | €11,553 | -€113,526 | -90.8% |
| Amounts payable after more than one year | 17 | €4,093 | €319 | -€3,773 | -92.2% |
| Financial debts | 170/4 | €4,093 | €319 | -€3,773 | -92.2% |
| Amounts payable within one year | 42/48 | €48,631 | €11,234 | -€37,397 | -76.9% |
| Current portion of amounts payable after more than one year | 42 | €15,463 | €3,773 | -€11,690 | -75.6% |
| Financial debts | 43 | - | €1,907 | +€1,907 | |
| Credit institutions | 430/8 | - | €1,907 | +€1,907 | |
| Trade debts | 44 | €8,169 | €2,044 | -€6,125 | -75.0% |
| Suppliers | 440/4 | €8,169 | €2,044 | -€6,125 | -75.0% |
| Taxes, remuneration and social security | 45 | €24,999 | €3,510 | -€21,489 | -86.0% |
| Taxes | 450/3 | €24,999 | €3,510 | -€21,489 | -86.0% |
| Accrued charges and deferred income | 492/3 | €72,355 | - | -€72,355 | |
| Non-recurring operating income | 76A | - | €300,000 | +€300,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,620 | €6,841 | +€221 | +3.3% |
| Other operating charges | 640/8 | €1,103 | €1,124 | +€21 | +1.9% |
| Non-recurring operating charges | 66A | - | €331 | +€331 | |
| Gross operating margin | 9900 | €196,744 | €353,620 | +€156,876 | +79.7% |
| Operating profit (loss) | 9901 | €189,021 | €345,324 | +€156,303 | +82.7% |
| Financial income | 75/76B | €12,402 | €25,671 | +€13,268 | +107% |
| Recurring financial income | 75 | €12,402 | €25,671 | +€13,268 | +107% |
| Financial charges | 65/66B | €2,771 | €1,846 | -€926 | -33.4% |
| Recurring financial charges | 65 | €2,771 | €1,846 | -€926 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €198,652 | €369,149 | +€170,497 | +85.8% |
| Income taxes | 67/77 | €61,210 | €114,088 | +€52,878 | +86.4% |
| Profit (loss) for the period | 9904 | €137,442 | €255,060 | +€117,619 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €137,442 | €255,060 | +€117,619 | +85.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.