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
- Receivables within one year +€23,924
up €23,924 (+9315.4%), from €257 to €24,181
of which Other amounts receivable: +€23,924
- Cash -€15,586
down €15,586 (-24.2%), from €64,493 to €48,907
mainly Other debts (-€37,134) and Receivables within one year (-€23,924)
- Other debts -€37,134
down €37,134 (-100.0%), from €37,134 to €0
- Profit (loss) carried forward +€33,233
up €33,233 (+121.6%), from €27,325 to €60,558
- Tax, wage and social debts +€15,534
up €15,534 (+622.8%), from €2,494 to €18,028
of which Taxes: +€12,634
- Accrued charges and deferred income -€2,900
down €2,900 (-100.0%), from €2,900 to €0
- Gross operating margin +€25,936
up €25,936 (+95.4%), from €27,195 to €53,131
- Taxes +€9,831
up €9,831 (+397.6%), from €2,473 to €12,303
- Financial charges +€3,004
up €3,004 (+301.8%), from €995 to €3,999
- Other operating charges +€1,339
up €1,339 (+53.3%), from €2,511 to €3,850
- Financial income +€642
up €642 (+642110.0%), from €0 to €642
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.
Cash bridge derived
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 | €92,477 | €100,497 | +€8,020 | +8.7% |
| Fixed assets | 21/28 | €1,260 | €873 | -€388 | -30.8% |
| Tangible fixed assets | 22/27 | €1,260 | €873 | -€388 | -30.8% |
| Plant, machinery and equipment | 23 | €1,260 | €873 | -€388 | -30.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €91,217 | €99,624 | +€8,407 | +9.2% |
| Stocks and contracts in progress | 3 | €25,814 | €25,814 | = | 0.0% |
| Stocks | 30/36 | €25,814 | €25,814 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €257 | €24,181 | +€23,924 | +9315.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €257 | €24,181 | +€23,924 | +9315.4% |
| Cash at bank and in hand | 54/58 | €64,493 | €48,907 | -€15,586 | -24.2% |
| Deferred charges and accrued income | 490/1 | €654 | €724 | +€70 | +10.7% |
| Total equity and liabilities | 10/49 | €92,477 | €100,497 | +€8,020 | +8.7% |
| Equity | 10/15 | €47,785 | €81,018 | +€33,233 | +69.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,325 | €60,558 | +€33,233 | +121.6% |
| Amounts payable | 17/49 | €44,692 | €19,480 | -€25,213 | -56.4% |
| Amounts payable within one year | 42/48 | €41,792 | €19,480 | -€22,313 | -53.4% |
| Trade debts | 44 | €2,164 | €1,451 | -€712 | -32.9% |
| Suppliers | 440/4 | €2,164 | €1,451 | -€712 | -32.9% |
| Taxes, remuneration and social security | 45 | €2,494 | €18,028 | +€15,534 | +622.8% |
| Taxes | 450/3 | €2,494 | €15,128 | +€12,634 | +506.5% |
| Remuneration and social security | 454/9 | - | €2,900 | +€2,900 | |
| Other amounts payable | 47/48 | €37,134 | €0 | -€37,134 | -100.0% |
| Accrued charges and deferred income | 492/3 | €2,900 | €0 | -€2,900 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301 | €388 | +€86 | +28.7% |
| Other operating charges | 640/8 | €2,511 | €3,850 | +€1,339 | +53.3% |
| Gross operating margin | 9900 | €27,195 | €53,131 | +€25,936 | +95.4% |
| Operating profit (loss) | 9901 | €24,383 | €48,893 | +€24,511 | +100.5% |
| Financial income | 75/76B | €0 | €642 | +€642 | +642110.0% |
| Recurring financial income | 75 | €0 | €642 | +€642 | +642110.0% |
| Financial charges | 65/66B | €995 | €3,999 | +€3,004 | +301.8% |
| Recurring financial charges | 65 | €995 | €3,999 | +€3,004 | +301.8% |
| Profit (loss) for the period before taxes | 9903 | €23,387 | €45,536 | +€22,149 | +94.7% |
| Income taxes | 67/77 | €2,473 | €12,303 | +€9,831 | +397.6% |
| Profit (loss) for the period | 9904 | €20,914 | €33,233 | +€12,318 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,914 | €33,233 | +€12,318 | +58.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.