Dr. Sintobin Ina: 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.
Dr. Sintobin Ina
Largest movements
- Receivables within one year +€69,098
up €69,098 (+291%), from €23,740 to €92,838
- Cash -€50,885
down €50,885 (-33.9%), from €150,043 to €99,158
mainly Contributions, distributions and other (-€101,100) and Receivables within one year (-€69,098)
- Tangible fixed assets -€6,109
down €6,109 (-15.5%), from €39,401 to €33,292
of which Other tangible fixed assets: -€5,092
- Deferred charges and accrued income +€4,262
up €4,262 (+177%), from €2,414 to €6,676
- Other debts +€15,192
up €15,192 (+15.4%), from €98,746 to €113,939
- Current portion of long-term debt -€4,012
down €4,012 (-100%), from €4,012 to €0
- Trade debts +€2,830
up €2,830 (+80.4%), from €3,519 to €6,349
- Financial charges +€4,374
up €4,374 (+939%), from €466 to €4,840
- Taxes -€1,995
down €1,995 (-6.4%), from €30,947 to €28,953
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 | €215,623 | €231,964 | +€16,341 | +7.6% |
| Formation expenses | 20 | €24 | €0 | -€24 | -100% |
| Fixed assets | 21/28 | €39,401 | €33,292 | -€6,109 | -15.5% |
| Tangible fixed assets | 22/27 | €39,401 | €33,292 | -€6,109 | -15.5% |
| Plant, machinery and equipment | 23 | €2,298 | €2,061 | -€236 | -10.3% |
| Furniture and vehicles | 24 | €811 | €30 | -€781 | -96.3% |
| Other tangible fixed assets | 26 | €36,293 | €31,201 | -€5,092 | -14.0% |
| Current assets | 29/58 | €176,197 | €198,672 | +€22,475 | +12.8% |
| Amounts receivable within one year | 40/41 | €23,740 | €92,838 | +€69,098 | +291% |
| Other amounts receivable | 41 | €23,740 | €92,838 | +€69,098 | +291% |
| Cash at bank and in hand | 54/58 | €150,043 | €99,158 | -€50,885 | -33.9% |
| Deferred charges and accrued income | 490/1 | €2,414 | €6,676 | +€4,262 | +177% |
| Total equity and liabilities | 10/49 | €215,623 | €231,964 | +€16,341 | +7.6% |
| Equity | 10/15 | €103,511 | €103,511 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €101,511 | €101,511 | = | 0.0% |
| Distributable reserves | 133 | €101,511 | €101,511 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €112,112 | €128,453 | +€16,341 | +14.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €112,112 | €126,140 | +€14,028 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €4,012 | €0 | -€4,012 | -100% |
| Financial debts | 43 | - | €17 | +€17 | |
| Other loans | 439 | - | €17 | +€17 | |
| Trade debts | 44 | €3,519 | €6,349 | +€2,830 | +80.4% |
| Suppliers | 440/4 | €3,519 | €6,349 | +€2,830 | +80.4% |
| Taxes, remuneration and social security | 45 | €5,835 | €5,835 | = | 0.0% |
| Taxes | 450/3 | €5,835 | €5,835 | = | 0.0% |
| Other amounts payable | 47/48 | €98,746 | €113,939 | +€15,192 | +15.4% |
| Accrued charges and deferred income | 492/3 | - | €2,313 | +€2,313 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,780 | €6,134 | -€647 | -9.5% |
| Other operating charges | 640/8 | €1,129 | €958 | -€172 | -15.2% |
| Gross operating margin | 9900 | €141,558 | €141,984 | +€426 | +0.3% |
| Operating profit (loss) | 9901 | €133,649 | €134,893 | +€1,244 | +0.9% |
| Financial income | 75/76B | €135 | €0 | -€135 | -100% |
| Recurring financial income | 75 | €135 | €0 | -€135 | -100% |
| Financial charges | 65/66B | €466 | €4,840 | +€4,374 | +939% |
| Recurring financial charges | 65 | €466 | €4,840 | +€4,374 | +939% |
| Profit (loss) for the period before taxes | 9903 | €133,317 | €130,053 | -€3,264 | -2.4% |
| Income taxes | 67/77 | €30,947 | €28,953 | -€1,995 | -6.4% |
| Profit (loss) for the period | 9904 | €102,370 | €101,100 | -€1,270 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €102,370 | €101,100 | -€1,270 | -1.2% |
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 27 October 2026 via checked.be.