SINABEL CONSULTING: 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.
SINABEL CONSULTING
Largest movements
- Receivables within one year +€85,750
up €85,750 (+424%), from €20,202 to €105,952
of which Trade receivables: +€81,499
- Cash +€80,275
up €80,275 (+40.5%), from €198,001 to €278,276
mainly Net result for the year (+€198,368) and Trade debts (+€3,425)
- Profit (loss) carried forward +€167,368
up €167,368 (+159%), from €105,556 to €272,924
- Tax, wage and social debts -€6,086
down €6,086 (-8.6%), from €70,484 to €64,398
- Gross operating margin +€127,148
up €127,148 (+90.7%), from €140,194 to €267,343
- Taxes +€30,196
up €30,196 (+77.7%), from €38,886 to €69,082
- Financial income +€4,166
up €4,166 (+214%), from €1,949 to €6,115
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 | €348,967 | €514,433 | +€165,466 | +47.4% |
| Fixed assets | 21/28 | €7,522 | €6,376 | -€1,146 | -15.2% |
| Tangible fixed assets | 22/27 | €7,522 | €6,376 | -€1,146 | -15.2% |
| Plant, machinery and equipment | 23 | €3,347 | €2,532 | -€816 | -24.4% |
| Furniture and vehicles | 24 | €4,175 | €3,844 | -€330 | -7.9% |
| Current assets | 29/58 | €341,445 | €508,057 | +€166,612 | +48.8% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,202 | €105,952 | +€85,750 | +424% |
| Trade receivables | 40 | €18,253 | €99,753 | +€81,499 | +446% |
| Other amounts receivable | 41 | €1,949 | €6,199 | +€4,250 | +218% |
| Cash at bank and in hand | 54/58 | €198,001 | €278,276 | +€80,275 | +40.5% |
| Deferred charges and accrued income | 490/1 | €3,242 | €3,829 | +€587 | +18.1% |
| Total equity and liabilities | 10/49 | €348,967 | €514,433 | +€165,466 | +47.4% |
| Equity | 10/15 | €268,708 | €436,077 | +€167,368 | +62.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,553 | €144,553 | = | 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% |
| Distributable reserves | 133 | €142,693 | €142,693 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,556 | €272,924 | +€167,368 | +159% |
| Amounts payable | 17/49 | €80,259 | €78,356 | -€1,903 | -2.4% |
| Amounts payable within one year | 42/48 | €78,931 | €76,995 | -€1,936 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €6,379 | €6,371 | -€8 | -0.1% |
| Trade debts | 44 | €1,496 | €4,921 | +€3,425 | +229% |
| Suppliers | 440/4 | €1,496 | €4,921 | +€3,425 | +229% |
| Taxes, remuneration and social security | 45 | €70,484 | €64,398 | -€6,086 | -8.6% |
| Taxes | 450/3 | €70,484 | €64,398 | -€6,086 | -8.6% |
| Other amounts payable | 47/48 | €572 | €1,305 | +€733 | +128% |
| Accrued charges and deferred income | 492/3 | €1,328 | €1,361 | +€33 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,278 | €2,500 | +€222 | +9.8% |
| Other operating charges | 640/8 | €547 | €780 | +€233 | +42.6% |
| Gross operating margin | 9900 | €140,194 | €267,343 | +€127,148 | +90.7% |
| Operating profit (loss) | 9901 | €137,370 | €264,063 | +€126,693 | +92.2% |
| Financial income | 75/76B | €1,949 | €6,115 | +€4,166 | +214% |
| Recurring financial income | 75 | €1,949 | €6,115 | +€4,166 | +214% |
| Financial charges | 65/66B | €2,792 | €2,728 | -€64 | -2.3% |
| Recurring financial charges | 65 | €2,792 | €2,728 | -€64 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €136,527 | €267,450 | +€130,924 | +95.9% |
| Income taxes | 67/77 | €38,886 | €69,082 | +€30,196 | +77.7% |
| Profit (loss) for the period | 9904 | €97,641 | €198,368 | +€100,727 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €97,641 | €198,368 | +€100,727 | +103% |
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 13 October 2026 via checked.be.