SIBENIK: 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.
SIBENIK
Largest movements
- Receivables within one year +€41,812
up €41,812 (+87.9%), from €47,591 to €89,404
of which Other amounts receivable: +€28,481
- Cash -€14,374
down €14,374 (-84.5%), from €17,011 to €2,637
mainly Receivables within one year (-€41,812) and Investment in fixed assets (net) (-€3,536)
- Tangible fixed assets +€3,255
up €3,255 (+797%), from €409 to €3,664
- Profit (loss) carried forward +€24,378
up €24,378 (+23.5%), from €103,639 to €128,017
- Trade debts +€3,687
up €3,687 (+213%), from €1,732 to €5,419
- Gross operating margin -€36,570
down €36,570 (-52.9%), from €69,166 to €32,596
- Financial income +€7,338
up €7,338 (+292%), from €2,515 to €9,853
- Taxes -€7,299
down €7,299 (-32.4%), from €22,544 to €15,245
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 | €146,092 | €176,050 | +€29,958 | +20.5% |
| Fixed assets | 21/28 | €30,754 | €34,009 | +€3,255 | +10.6% |
| Tangible fixed assets | 22/27 | €409 | €3,664 | +€3,255 | +797% |
| Furniture and vehicles | 24 | €409 | €3,664 | +€3,255 | +797% |
| Financial fixed assets | 28 | €30,345 | €30,345 | = | 0.0% |
| Current assets | 29/58 | €115,338 | €142,041 | +€26,702 | +23.2% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,591 | €89,404 | +€41,812 | +87.9% |
| Trade receivables | 40 | €5,669 | €19,000 | +€13,331 | +235% |
| Other amounts receivable | 41 | €41,923 | €70,404 | +€28,481 | +67.9% |
| Cash at bank and in hand | 54/58 | €17,011 | €2,637 | -€14,374 | -84.5% |
| Deferred charges and accrued income | 490/1 | €736 | - | -€736 | |
| Total equity and liabilities | 10/49 | €146,092 | €176,050 | +€29,958 | +20.5% |
| Equity | 10/15 | €105,639 | €130,017 | +€24,378 | +23.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,639 | €128,017 | +€24,378 | +23.5% |
| Amounts payable | 17/49 | €40,453 | €46,032 | +€5,579 | +13.8% |
| Amounts payable within one year | 42/48 | €40,453 | €46,032 | +€5,579 | +13.8% |
| Trade debts | 44 | €1,732 | €5,419 | +€3,687 | +213% |
| Suppliers | 440/4 | €1,732 | €5,419 | +€3,687 | +213% |
| Taxes, remuneration and social security | 45 | €38,721 | €39,780 | +€1,059 | +2.7% |
| Taxes | 450/3 | €38,721 | €39,780 | +€1,059 | +2.7% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294 | €281 | -€13 | -4.3% |
| Other operating charges | 640/8 | €304 | €238 | -€67 | -21.9% |
| Gross operating margin | 9900 | €69,166 | €32,596 | -€36,570 | -52.9% |
| Operating profit (loss) | 9901 | €68,568 | €32,077 | -€36,491 | -53.2% |
| Financial income | 75/76B | €2,515 | €9,853 | +€7,338 | +292% |
| Recurring financial income | 75 | €2,515 | €9,853 | +€7,338 | +292% |
| Financial charges | 65/66B | €1,252 | €1,473 | +€221 | +17.7% |
| Recurring financial charges | 65 | €1,252 | €1,473 | +€221 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €69,831 | €40,456 | -€29,374 | -42.1% |
| Income taxes | 67/77 | €22,544 | €15,245 | -€7,299 | -32.4% |
| Profit (loss) for the period | 9904 | €47,287 | €25,211 | -€22,075 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €47,287 | €25,211 | -€22,075 | -46.7% |
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 20 October 2026 via checked.be.