SIENAGUNG: 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.
SIENAGUNG
Largest movements
- Cash -€20,387
down €20,387 (-36.4%), from €56,025 to €35,638
mainly Contributions, distributions and other (-€35,922) and Current investments (-€11,301)
- Current investments +€11,301
up €11,301 (+102%), from €11,127 to €22,428
- Tangible fixed assets +€3,228
up €3,228 (+9.0%), from €35,892 to €39,120
of which Furniture and vehicles: +€3,344
- Deferred charges and accrued income +€2,250
up €2,250 (+42.8%), from €5,259 to €7,509
- Tax, wage and social debts -€5,121
no longer reported in 2024 (was €5,121)
- Trade debts +€2,212
up €2,212 (+74.2%), from €2,981 to €5,193
- Gross operating margin +€1,753
up €1,753 (+3.7%), from €47,777 to €49,530
- Financial charges +€593
new in 2024: €593
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,579 | €186,197 | -€2,382 | -1.3% |
| Fixed assets | 21/28 | €35,892 | €39,120 | +€3,228 | +9.0% |
| Tangible fixed assets | 22/27 | €35,892 | €39,120 | +€3,228 | +9.0% |
| Plant, machinery and equipment | 23 | €15 | - | -€15 | |
| Furniture and vehicles | 24 | - | €3,344 | +€3,344 | |
| Other tangible fixed assets | 26 | €35,877 | €35,776 | -€101 | -0.3% |
| Current assets | 29/58 | €152,687 | €147,077 | -€5,610 | -3.7% |
| Amounts receivable after more than one year | 29 | €58,000 | €58,000 | = | 0.0% |
| Other amounts receivable | 291 | €58,000 | €58,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,276 | €23,502 | +€1,226 | +5.5% |
| Trade receivables | 40 | €15,125 | €15,167 | +€42 | +0.3% |
| Other amounts receivable | 41 | €7,151 | €8,335 | +€1,184 | +16.6% |
| Current investments | 50/53 | €11,127 | €22,428 | +€11,301 | +102% |
| Cash at bank and in hand | 54/58 | €56,025 | €35,638 | -€20,387 | -36.4% |
| Deferred charges and accrued income | 490/1 | €5,259 | €7,509 | +€2,250 | +42.8% |
| Total equity and liabilities | 10/49 | €188,579 | €186,197 | -€2,382 | -1.3% |
| Equity | 10/15 | €180,477 | €179,504 | -€973 | -0.5% |
| Reserves | 13 | €180,477 | €179,504 | -€973 | -0.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €178,617 | €177,644 | -€973 | -0.5% |
| Amounts payable | 17/49 | €8,102 | €6,693 | -€1,409 | -17.4% |
| Amounts payable within one year | 42/48 | €8,102 | €6,693 | -€1,409 | -17.4% |
| Trade debts | 44 | €2,981 | €5,193 | +€2,212 | +74.2% |
| Suppliers | 440/4 | €2,981 | €5,193 | +€2,212 | +74.2% |
| Taxes, remuneration and social security | 45 | €5,121 | - | -€5,121 | |
| Taxes | 450/3 | €5,121 | - | -€5,121 | |
| Other amounts payable | 47/48 | - | €1,500 | +€1,500 | |
| Non-recurring operating income | 76A | - | €2,812 | +€2,812 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145 | €116 | -€29 | -20.0% |
| Other operating charges | 640/8 | €633 | €475 | -€158 | -25.0% |
| Gross operating margin | 9900 | €47,777 | €49,530 | +€1,753 | +3.7% |
| Operating profit (loss) | 9901 | €46,999 | €48,939 | +€1,940 | +4.1% |
| Financial income | 75/76B | €2,573 | €2,200 | -€373 | -14.5% |
| Recurring financial income | 75 | €2,573 | €2,200 | -€373 | -14.5% |
| Financial charges | 65/66B | - | €593 | +€593 | |
| Recurring financial charges | 65 | - | €593 | +€593 | |
| Profit (loss) for the period before taxes | 9903 | €49,572 | €50,546 | +€974 | +2.0% |
| Income taxes | 67/77 | €15,303 | €15,597 | +€294 | +1.9% |
| Profit (loss) for the period | 9904 | €34,269 | €34,949 | +€680 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,269 | €34,949 | +€680 | +2.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.