DE SINTE: 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 SINTE
Largest movements
- Tangible fixed assets +€42,380
up €42,380 (+165.8%), from €25,565 to €67,945
of which Furniture and vehicles: +€41,482
- Cash -€12,764
down €12,764 (-23.0%), from €55,528 to €42,764
mainly Investment in fixed assets (net) (-€65,121) and Contributions, distributions and other (-€7,193)
- Current investments +€6,000
up €6,000 (+113.4%), from €5,290 to €11,290
- Receivables within one year +€5,943
up €5,943 (+10.0%), from €59,439 to €65,382
of which Other amounts receivable: +€7,657
- Reserves +€25,632
up €25,632 (+19.8%), from €129,689 to €155,321
- Debts after one year +€7,397
up €7,397 (+66.8%), from €11,071 to €18,468
- Current portion of long-term debt +€5,465
up €5,465 (+58.2%), from €9,391 to €14,856
- Trade debts +€2,828
up €2,828 (+39.1%), from €7,239 to €10,067
- Depreciation +€13,927
up €13,927 (+158.0%), from €8,814 to €22,741
- Financial income +€11,496
up €11,496 (+355.6%), from €3,232 to €14,729
of which Non-recurring financial income: +€11,642
- Gross operating margin +€8,611
up €8,611 (+17.4%), from €49,458 to €58,070
- Taxes +€1,347
up €1,347 (+10.9%), from €12,306 to €13,654
- Other operating charges +€1,184
up €1,184 (+234.4%), from €505 to €1,690
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 | €195,926 | €237,916 | +€41,991 | +21.4% |
| Fixed assets | 21/28 | €25,565 | €67,945 | +€42,380 | +165.8% |
| Tangible fixed assets | 22/27 | €25,565 | €67,945 | +€42,380 | +165.8% |
| Plant, machinery and equipment | 23 | €3,794 | €4,877 | +€1,083 | +28.5% |
| Furniture and vehicles | 24 | €19,753 | €61,235 | +€41,482 | +210.0% |
| Other tangible fixed assets | 26 | €2,017 | €1,833 | -€184 | -9.1% |
| Current assets | 29/58 | €170,361 | €169,971 | -€390 | -0.2% |
| Amounts receivable after more than one year | 29 | €48,000 | €48,000 | = | 0.0% |
| Other amounts receivable | 291 | €48,000 | €48,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €59,439 | €65,382 | +€5,943 | +10.0% |
| Trade receivables | 40 | €14,419 | €12,705 | -€1,714 | -11.9% |
| Other amounts receivable | 41 | €45,020 | €52,677 | +€7,657 | +17.0% |
| Current investments | 50/53 | €5,290 | €11,290 | +€6,000 | +113.4% |
| Cash at bank and in hand | 54/58 | €55,528 | €42,764 | -€12,764 | -23.0% |
| Deferred charges and accrued income | 490/1 | €2,104 | €2,536 | +€432 | +20.5% |
| Total equity and liabilities | 10/49 | €195,926 | €237,916 | +€41,991 | +21.4% |
| Equity | 10/15 | €148,289 | €173,921 | +€25,632 | +17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,689 | €155,321 | +€25,632 | +19.8% |
| Distributable reserves | 133 | €129,689 | €155,321 | +€25,632 | +19.8% |
| Amounts payable | 17/49 | €47,637 | €63,995 | +€16,359 | +34.3% |
| Amounts payable after more than one year | 17 | €11,071 | €18,468 | +€7,397 | +66.8% |
| Financial debts | 170/4 | €11,071 | €18,468 | +€7,397 | +66.8% |
| Amounts payable within one year | 42/48 | €36,566 | €45,528 | +€8,962 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €9,391 | €14,856 | +€5,465 | +58.2% |
| Trade debts | 44 | €7,239 | €10,067 | +€2,828 | +39.1% |
| Suppliers | 440/4 | €7,239 | €10,067 | +€2,828 | +39.1% |
| Taxes, remuneration and social security | 45 | €19,936 | €20,605 | +€669 | +3.4% |
| Taxes | 450/3 | €19,936 | €20,605 | +€669 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,814 | €22,741 | +€13,927 | +158.0% |
| Other operating charges | 640/8 | €505 | €1,690 | +€1,184 | +234.4% |
| Gross operating margin | 9900 | €49,458 | €58,070 | +€8,611 | +17.4% |
| Operating profit (loss) | 9901 | €40,139 | €33,639 | -€6,500 | -16.2% |
| Financial income | 75/76B | €3,232 | €14,729 | +€11,496 | +355.6% |
| Recurring financial income | 75 | €374 | €229 | -€146 | -38.9% |
| Non-recurring financial income | 76B | €2,858 | €14,500 | +€11,642 | +407.3% |
| Financial charges | 65/66B | €823 | €1,889 | +€1,065 | +129.4% |
| Recurring financial charges | 65 | €823 | €1,889 | +€1,065 | +129.4% |
| Profit (loss) for the period before taxes | 9903 | €42,548 | €46,479 | +€3,931 | +9.2% |
| Income taxes | 67/77 | €12,306 | €13,654 | +€1,347 | +10.9% |
| Profit (loss) for the period | 9904 | €30,242 | €32,825 | +€2,583 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,242 | €32,825 | +€2,583 | +8.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.