Sinacc: 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.
Sinacc
Largest movements
- Cash -€134,799
down €134,799 (-71.8%), from €187,844 to €53,045
mainly Short-term financial debts (-€131,772) and Investment in fixed assets (net) (-€92,349)
- Receivables after one year -€69,150
down €69,150 (-7.1%), from €977,650 to €908,500
- Tangible fixed assets +€57,866
up €57,866 (+6.8%), from €848,685 to €906,551
of which Land and buildings: +€70,167
- Deferred charges and accrued income +€33,799
up €33,799 (+53.1%), from €63,691 to €97,490
- Receivables within one year +€29,981
up €29,981 (+113.2%), from €26,493 to €56,475
of which Other amounts receivable: +€24,434
- Short-term financial debts -€131,772
down €131,772 (-81.5%), from €161,772 to €30,000
- Reserves +€38,452
up €38,452 (+3.2%), from €1.2m to €1.2m
of which Distributable reserves: +€38,452
- Debts after one year +€37,208
up €37,208 (+6.3%), from €591,594 to €628,802
- Current portion of long-term debt -€25,942
down €25,942 (-27.6%), from €94,077 to €68,135
- Financial income -€91,000
down €91,000 (-92.4%), from €98,521 to €7,522
- Depreciation +€17,785
up €17,785 (+104.0%), from €17,097 to €34,883
- Gross operating margin +€14,328
up €14,328 (+15.8%), from €90,524 to €104,852
- Other operating charges +€2,161
up €2,161 (+160.5%), from €1,346 to €3,507
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 | €2,104,763 | €2,022,061 | -€82,702 | -3.9% |
| Fixed assets | 21/28 | €849,085 | €906,551 | +€57,466 | +6.8% |
| Tangible fixed assets | 22/27 | €848,685 | €906,551 | +€57,866 | +6.8% |
| Land and buildings | 22 | €664,539 | €734,706 | +€70,167 | +10.6% |
| Furniture and vehicles | 24 | €184,146 | €171,845 | -€12,301 | -6.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €400 | €0 | -€400 | -100.0% |
| Current assets | 29/58 | €1,255,679 | €1,115,510 | -€140,169 | -11.2% |
| Amounts receivable after more than one year | 29 | €977,650 | €908,500 | -€69,150 | -7.1% |
| Other amounts receivable | 291 | €977,650 | €908,500 | -€69,150 | -7.1% |
| Amounts receivable within one year | 40/41 | €26,493 | €56,475 | +€29,981 | +113.2% |
| Trade receivables | 40 | €19,052 | €24,599 | +€5,547 | +29.1% |
| Other amounts receivable | 41 | €7,442 | €31,876 | +€24,434 | +328.3% |
| Cash at bank and in hand | 54/58 | €187,844 | €53,045 | -€134,799 | -71.8% |
| Deferred charges and accrued income | 490/1 | €63,691 | €97,490 | +€33,799 | +53.1% |
| Total equity and liabilities | 10/49 | €2,104,763 | €2,022,061 | -€82,702 | -3.9% |
| Equity | 10/15 | €1,228,132 | €1,266,584 | +€38,452 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,209,532 | €1,247,984 | +€38,452 | +3.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,209,532 | €1,247,984 | +€38,452 | +3.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €876,631 | €755,477 | -€121,154 | -13.8% |
| Amounts payable after more than one year | 17 | €591,594 | €628,802 | +€37,208 | +6.3% |
| Financial debts | 170/4 | €591,594 | €628,802 | +€37,208 | +6.3% |
| Amounts payable within one year | 42/48 | €283,677 | €125,314 | -€158,363 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €94,077 | €68,135 | -€25,942 | -27.6% |
| Financial debts | 43 | €161,772 | €30,000 | -€131,772 | -81.5% |
| Credit institutions | 430/8 | €161,772 | €30,000 | -€131,772 | -81.5% |
| Trade debts | 44 | €18,286 | €23,180 | +€4,894 | +26.8% |
| Suppliers | 440/4 | €18,286 | €23,180 | +€4,894 | +26.8% |
| Taxes, remuneration and social security | 45 | €9,542 | €169 | -€9,373 | -98.2% |
| Taxes | 450/3 | €9,542 | €169 | -€9,373 | -98.2% |
| Other amounts payable | 47/48 | €0 | €3,831 | +€3,831 | |
| Accrued charges and deferred income | 492/3 | €1,360 | €1,360 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,097 | €34,883 | +€17,785 | +104.0% |
| Other operating charges | 640/8 | €1,346 | €3,507 | +€2,161 | +160.5% |
| Gross operating margin | 9900 | €90,524 | €104,852 | +€14,328 | +15.8% |
| Operating profit (loss) | 9901 | €72,081 | €66,462 | -€5,618 | -7.8% |
| Financial income | 75/76B | €98,521 | €7,522 | -€91,000 | -92.4% |
| Recurring financial income | 75 | €98,521 | €7,522 | -€91,000 | -92.4% |
| Financial charges | 65/66B | €16,184 | €15,989 | -€194 | -1.2% |
| Recurring financial charges | 65 | €16,184 | €15,989 | -€194 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €154,419 | €57,995 | -€96,424 | -62.4% |
| Income taxes | 67/77 | €18,729 | €19,543 | +€814 | +4.3% |
| Profit (loss) for the period | 9904 | €135,690 | €38,452 | -€97,238 | -71.7% |
| Profit (loss) for the period to be appropriated | 9905 | €135,690 | €38,452 | -€97,238 | -71.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.