SINA: what changed
Two fiscal 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.
SINA
Largest movements
- Tangible fixed assets +€17,401
up €17,401 (+729.3%), from €2,386 to €19,788
- Receivables within one year +€2,322
up €2,322 (+65.5%), from €3,546 to €5,869
of which Trade receivables: +€1,500
- Other debts +€20,680
new in 2024: €20,680
- Debts after one year -€1,224
no longer reported in 2024 (was €1,224)
- Profit (loss) carried forward +€983
up €983 (+2.4%), from €40,886 to €41,869
- Other operating charges -€465
down €465 (-48.4%), from €959 to €495
- Gross operating margin +€314
up €314 (+8.8%), from €3,591 to €3,906
- Staff costs -€175
no longer reported in 2024 (was €175)
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.
Cash bridge derived
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 | €56,370 | €76,809 | +€20,439 | +36.3% |
| Fixed assets | 21/28 | €52,386 | €69,788 | +€17,401 | +33.2% |
| Intangible fixed assets | 21 | €50,000 | €50,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,386 | €19,788 | +€17,401 | +729.3% |
| Furniture and vehicles | 24 | €2,386 | €19,788 | +€17,401 | +729.3% |
| Current assets | 29/58 | €3,984 | €7,022 | +€3,038 | +76.2% |
| Amounts receivable within one year | 40/41 | €3,546 | €5,869 | +€2,322 | +65.5% |
| Trade receivables | 40 | - | €1,500 | +€1,500 | |
| Other amounts receivable | 41 | €3,546 | €4,369 | +€822 | +23.2% |
| Cash at bank and in hand | 54/58 | €438 | €1,153 | +€715 | +163.3% |
| Total equity and liabilities | 10/49 | €56,370 | €76,809 | +€20,439 | +36.3% |
| Equity | 10/15 | €55,146 | €56,129 | +€983 | +1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,886 | €41,869 | +€983 | +2.4% |
| Amounts payable | 17/49 | €1,224 | €20,680 | +€19,456 | +1589.4% |
| Amounts payable after more than one year | 17 | €1,224 | - | -€1,224 | |
| Financial debts | 170/4 | €1,224 | - | -€1,224 | |
| Amounts payable within one year | 42/48 | - | €20,680 | +€20,680 | |
| Other amounts payable | 47/48 | - | €20,680 | +€20,680 | |
| Remuneration, social security and pensions | 62 | €175 | - | -€175 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,386 | €2,386 | -€0 | 0.0% |
| Other operating charges | 640/8 | €959 | €495 | -€465 | -48.4% |
| Gross operating margin | 9900 | €3,591 | €3,906 | +€314 | +8.8% |
| Operating profit (loss) | 9901 | €71 | €1,025 | +€954 | +1349.9% |
| Financial charges | 65/66B | €62 | €42 | -€21 | -33.0% |
| Recurring financial charges | 65 | €62 | €42 | -€21 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €8 | €983 | +€975 | +11727.1% |
| Profit (loss) for the period | 9904 | €8 | €983 | +€975 | +11727.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8 | €983 | +€975 | +11727.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.