SINA E FIGLI: 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.
SINA E FIGLI
Largest movements
- Cash -€12,133
down €12,133 (-50.9%), from €23,849 to €11,716
mainly Tax, wage and social debts (-€23,815) and Receivables within one year (-€10,460)
- Receivables within one year +€10,460
up €10,460 (+92.4%), from €11,317 to €21,777
of which Other amounts receivable: +€10,797
- Tangible fixed assets -€4,305
down €4,305 (-29.5%), from €14,590 to €10,285
of which Furniture and vehicles: -€2,532
- Tax, wage and social debts -€23,815
down €23,815 (-62.9%), from €37,854 to €14,040
of which Taxes: -€14,381
- Profit (loss) carried forward +€10,391
up €10,391, from -€4,984 to €5,407
- Trade debts +€7,467
up €7,467 (+190%), from €3,930 to €11,397
- Staff costs -€13,895
down €13,895 (-11.4%), from €121,892 to €107,997
- Gross operating margin +€10,524
up €10,524 (+8.7%), from €120,538 to €131,063
- Other operating charges +€5,207
up €5,207 (+1,127%), from €462 to €5,669
- Financial charges -€1,657
down €1,657 (-40.2%), from €4,123 to €2,466
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 | €53,528 | €47,900 | -€5,628 | -10.5% |
| Fixed assets | 21/28 | €16,850 | €12,545 | -€4,305 | -25.6% |
| Tangible fixed assets | 22/27 | €14,590 | €10,285 | -€4,305 | -29.5% |
| Plant, machinery and equipment | 23 | €522 | €327 | -€194 | -37.3% |
| Furniture and vehicles | 24 | €6,201 | €3,670 | -€2,532 | -40.8% |
| Other tangible fixed assets | 26 | €7,867 | €6,288 | -€1,579 | -20.1% |
| Financial fixed assets | 28 | €2,260 | €2,260 | = | 0.0% |
| Current assets | 29/58 | €36,678 | €35,356 | -€1,323 | -3.6% |
| Stocks and contracts in progress | 3 | €1,513 | €1,863 | +€350 | +23.2% |
| Stocks | 30/36 | €1,513 | €1,863 | +€350 | +23.2% |
| Amounts receivable within one year | 40/41 | €11,317 | €21,777 | +€10,460 | +92.4% |
| Trade receivables | 40 | €337 | - | -€337 | |
| Other amounts receivable | 41 | €10,980 | €21,777 | +€10,797 | +98.3% |
| Cash at bank and in hand | 54/58 | €23,849 | €11,716 | -€12,133 | -50.9% |
| Total equity and liabilities | 10/49 | €53,528 | €47,900 | -€5,628 | -10.5% |
| Equity | 10/15 | €11,398 | €21,789 | +€10,391 | +91.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,984 | €5,407 | +€10,391 | |
| Investment grants | 15 | €1,382 | €1,382 | = | 0.0% |
| Provisions and deferred taxes | 16 | €346 | €346 | = | 0.0% |
| Deferred taxes | 168 | €346 | €346 | = | 0.0% |
| Amounts payable | 17/49 | €41,784 | €25,766 | -€16,019 | -38.3% |
| Amounts payable within one year | 42/48 | €41,784 | €25,437 | -€16,348 | -39.1% |
| Trade debts | 44 | €3,930 | €11,397 | +€7,467 | +190% |
| Suppliers | 440/4 | €3,930 | €11,397 | +€7,467 | +190% |
| Taxes, remuneration and social security | 45 | €37,854 | €14,040 | -€23,815 | -62.9% |
| Taxes | 450/3 | €15,277 | €896 | -€14,381 | -94.1% |
| Remuneration and social security | 454/9 | €22,577 | €13,144 | -€9,433 | -41.8% |
| Accrued charges and deferred income | 492/3 | - | €329 | +€329 | |
| Remuneration, social security and pensions | 62 | €121,892 | €107,997 | -€13,895 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,305 | €4,305 | = | 0.0% |
| Other operating charges | 640/8 | €462 | €5,669 | +€5,207 | +1,127% |
| Gross operating margin | 9900 | €120,538 | €131,063 | +€10,524 | +8.7% |
| Operating profit (loss) | 9901 | -€6,121 | €13,092 | +€19,213 | |
| Financial income | 75/76B | €10 | €9 | -€1 | -9.9% |
| Recurring financial income | 75 | €10 | €9 | -€1 | -9.9% |
| Financial charges | 65/66B | €4,123 | €2,466 | -€1,657 | -40.2% |
| Recurring financial charges | 65 | €4,123 | €2,466 | -€1,657 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,234 | €10,635 | +€20,869 | |
| Income taxes | 67/77 | - | €244 | +€244 | |
| Profit (loss) for the period | 9904 | -€10,234 | €10,391 | +€20,625 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,234 | €10,391 | +€20,625 |
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.