DE SINJOOR: 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.
DE SINJOOR
Largest movements
- Current investments +€133,458
up €133,458 (+46.8%), from €285,330 to €418,788
- Cash -€123,143
down €123,143 (-42.2%), from €292,095 to €168,952
mainly Current investments (-€133,458) and Trade debts (-€93,236)
- Receivables within one year -€76,040
down €76,040 (-39.1%), from €194,694 to €118,654
of which Trade receivables: -€73,916
- Tangible fixed assets -€69,746
down €69,746 (-17.4%), from €401,547 to €331,801
of which Furniture and vehicles: -€45,725
- Trade debts -€93,236
down €93,236 (-74.1%), from €125,803 to €32,567
- Debts after one year -€42,411
down €42,411 (-15.5%), from €274,145 to €231,735
- Staff costs -€35,020
down €35,020 (-25.7%), from €136,200 to €101,180
- Gross operating margin -€33,975
down €33,975 (-15.1%), from €225,249 to €191,275
- Financial income +€10,271
up €10,271 (+337.3%), from €3,045 to €13,315
- Depreciation +€5,706
up €5,706 (+9.1%), from €62,904 to €68,610
- Taxes +€4,578
up €4,578 (+49.9%), from €9,170 to €13,748
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 | €1,200,878 | €1,059,445 | -€141,433 | -11.8% |
| Fixed assets | 21/28 | €401,547 | €331,801 | -€69,746 | -17.4% |
| Tangible fixed assets | 22/27 | €401,547 | €331,801 | -€69,746 | -17.4% |
| Land and buildings | 22 | €222,992 | €213,837 | -€9,155 | -4.1% |
| Plant, machinery and equipment | 23 | €4,442 | €3,438 | -€1,004 | -22.6% |
| Furniture and vehicles | 24 | €140,068 | €94,344 | -€45,725 | -32.6% |
| Leasing and similar rights | 25 | €11,926 | €2,932 | -€8,994 | -75.4% |
| Other tangible fixed assets | 26 | €22,118 | €17,250 | -€4,868 | -22.0% |
| Current assets | 29/58 | €799,331 | €727,644 | -€71,688 | -9.0% |
| Stocks and contracts in progress | 3 | €10,506 | €9,604 | -€902 | -8.6% |
| Stocks | 30/36 | €10,506 | €9,604 | -€902 | -8.6% |
| Amounts receivable within one year | 40/41 | €194,694 | €118,654 | -€76,040 | -39.1% |
| Trade receivables | 40 | €177,215 | €103,299 | -€73,916 | -41.7% |
| Other amounts receivable | 41 | €17,479 | €15,355 | -€2,124 | -12.1% |
| Current investments | 50/53 | €285,330 | €418,788 | +€133,458 | +46.8% |
| Cash at bank and in hand | 54/58 | €292,095 | €168,952 | -€123,143 | -42.2% |
| Deferred charges and accrued income | 490/1 | €16,706 | €11,645 | -€5,061 | -30.3% |
| Total equity and liabilities | 10/49 | €1,200,878 | €1,059,445 | -€141,433 | -11.8% |
| Equity | 10/15 | €601,160 | €601,053 | -€107 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €582,560 | €582,453 | -€107 | 0.0% |
| Tax-exempt reserves | 132 | €270,251 | €249,432 | -€20,819 | -7.7% |
| Distributable reserves | 133 | €312,309 | €333,021 | +€20,712 | +6.6% |
| Provisions and deferred taxes | 16 | €104,281 | €96,328 | -€7,953 | -7.6% |
| Deferred taxes | 168 | €104,281 | €96,328 | -€7,953 | -7.6% |
| Amounts payable | 17/49 | €495,437 | €362,064 | -€133,373 | -26.9% |
| Amounts payable after more than one year | 17 | €274,145 | €231,735 | -€42,411 | -15.5% |
| Financial debts | 170/4 | €274,145 | €231,735 | -€42,411 | -15.5% |
| Amounts payable within one year | 42/48 | €221,291 | €130,329 | -€90,963 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €41,962 | €38,958 | -€3,004 | -7.2% |
| Financial debts | 43 | €18,098 | €17,597 | -€501 | -2.8% |
| Credit institutions | 430/8 | €18,098 | €17,597 | -€501 | -2.8% |
| Trade debts | 44 | €125,803 | €32,567 | -€93,236 | -74.1% |
| Suppliers | 440/4 | €125,803 | €32,567 | -€93,236 | -74.1% |
| Taxes, remuneration and social security | 45 | €18,067 | €15,478 | -€2,589 | -14.3% |
| Taxes | 450/3 | €4,245 | €6,373 | +€2,128 | +50.1% |
| Remuneration and social security | 454/9 | €13,822 | €9,105 | -€4,716 | -34.1% |
| Other amounts payable | 47/48 | €17,362 | €25,729 | +€8,367 | +48.2% |
| Remuneration, social security and pensions | 62 | €136,200 | €101,180 | -€35,020 | -25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,904 | €68,610 | +€5,706 | +9.1% |
| Other operating charges | 640/8 | €9,007 | €8,197 | -€810 | -9.0% |
| Non-recurring operating charges | 66A | €9,977 | €6,502 | -€3,474 | -34.8% |
| Gross operating margin | 9900 | €225,249 | €191,275 | -€33,975 | -15.1% |
| Operating profit (loss) | 9901 | €7,162 | €6,786 | -€376 | -5.2% |
| Financial income | 75/76B | €3,045 | €13,315 | +€10,271 | +337.3% |
| Recurring financial income | 75 | €3,045 | €13,315 | +€10,271 | +337.3% |
| Financial charges | 65/66B | €13,538 | €14,413 | +€875 | +6.5% |
| Recurring financial charges | 65 | €13,538 | €14,413 | +€875 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,331 | €5,688 | +€9,020 | |
| Transfer from deferred taxes | 780 | €5,020 | €7,953 | +€2,934 | +58.4% |
| Income taxes | 67/77 | €9,170 | €13,748 | +€4,578 | +49.9% |
| Profit (loss) for the period | 9904 | -€7,482 | -€107 | +€7,376 | +98.6% |
| Transfer from tax-exempt reserves | 789 | €12,018 | €20,819 | +€8,801 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,535 | €20,712 | +€16,177 | +356.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.