SIERRA INDIA: 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.
SIERRA INDIA
Largest movements
- Tangible fixed assets -€140,095
down €140,095 (-9.4%), from €1.5m to €1.3m
of which Land and buildings: -€87,160
- Profit (loss) carried forward -€261,924
down €261,924, from €229,327 to -€32,597
- Trade debts +€69,991
up €69,991 (+49.8%), from €140,586 to €210,577
- Debts after one year +€54,000
up €54,000 (+5.6%), from €962,800 to €1.0m
- Gross operating margin -€171,501
down €171,501, from €148,285 to -€23,216
- Depreciation +€34,122
up €34,122 (+17.0%), from €200,941 to €235,063
- Taxes -€10,655
down €10,655 (-86.0%), from €12,395 to €1,740
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 | €1,742,583 | €1,594,658 | -€147,925 | -8.5% |
| Fixed assets | 21/28 | €1,487,399 | €1,347,303 | -€140,095 | -9.4% |
| Tangible fixed assets | 22/27 | €1,487,399 | €1,347,303 | -€140,095 | -9.4% |
| Land and buildings | 22 | €722,168 | €635,008 | -€87,160 | -12.1% |
| Furniture and vehicles | 24 | €4,739 | - | -€4,739 | |
| Other tangible fixed assets | 26 | €760,492 | €712,295 | -€48,196 | -6.3% |
| Current assets | 29/58 | €255,185 | €247,355 | -€7,830 | -3.1% |
| Amounts receivable after more than one year | 29 | €237,221 | €237,221 | = | 0.0% |
| Other amounts receivable | 291 | €237,221 | €237,221 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,937 | €2,695 | -€1,242 | -31.6% |
| Deferred charges and accrued income | 490/1 | €14,027 | €7,439 | -€6,588 | -47.0% |
| Total equity and liabilities | 10/49 | €1,742,583 | €1,594,658 | -€147,925 | -8.5% |
| Equity | 10/15 | €454,574 | €192,651 | -€261,924 | -57.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €219,047 | €219,047 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €217,187 | €217,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | €229,327 | -€32,597 | -€261,924 | |
| Amounts payable | 17/49 | €1,288,009 | €1,402,008 | +€113,999 | +8.9% |
| Amounts payable after more than one year | 17 | €962,800 | €1,016,800 | +€54,000 | +5.6% |
| Financial debts | 170/4 | €962,800 | €1,016,800 | +€54,000 | +5.6% |
| Amounts payable within one year | 42/48 | €325,209 | €385,207 | +€59,999 | +18.4% |
| Financial debts | 43 | €5,795 | €5,795 | = | 0.0% |
| Other loans | 439 | €5,795 | €5,795 | = | 0.0% |
| Trade debts | 44 | €140,586 | €210,577 | +€69,991 | +49.8% |
| Suppliers | 440/4 | €140,586 | €210,577 | +€69,991 | +49.8% |
| Taxes, remuneration and social security | 45 | €43,963 | €43,963 | = | 0.0% |
| Remuneration and social security | 454/9 | €43,963 | €43,963 | = | 0.0% |
| Other amounts payable | 47/48 | €134,865 | €124,873 | -€9,992 | -7.4% |
| Remuneration, social security and pensions | 62 | €881 | - | -€881 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,941 | €235,063 | +€34,122 | +17.0% |
| Other operating charges | 640/8 | €1,859 | €1,776 | -€83 | -4.5% |
| Gross operating margin | 9900 | €148,285 | -€23,216 | -€171,501 | |
| Operating profit (loss) | 9901 | -€55,396 | -€260,055 | -€204,659 | -369% |
| Financial charges | 65/66B | €142 | €129 | -€12 | -8.6% |
| Recurring financial charges | 65 | €142 | €129 | -€12 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€55,538 | -€260,184 | -€204,647 | -368% |
| Income taxes | 67/77 | €12,395 | €1,740 | -€10,655 | -86.0% |
| Profit (loss) for the period | 9904 | -€67,933 | -€261,924 | -€193,991 | -286% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,933 | -€261,924 | -€193,991 | -286% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.