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SINAJ: 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.

What changed

SINAJ

BE 0699.662.681
NACE 49.320, Non-scheduled passenger transport by road
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€3,529
2023 · €2,030+€1,500
Equity
€14,547
2023 · €11,018+€3,529
Cash
€324
2023 · €1,073-€749
Balance sheet total
€19,990
2023 · €34,158-€14,168

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€12,942

    down €12,942 (-62.1%), from €20,838 to €7,897

  • Cash -€749

    down €749 (-69.8%), from €1,073 to €324

    mainly Other debts (-€18,330)

  • Receivables within one year -€477

    down €477 (-3.9%), from €12,246 to €11,769

Equity and liabilities
  • Other debts -€18,330

    down €18,330 (-79.2%), from €23,140 to €4,810

  • Profit (loss) carried forward +€3,529

    up €3,529 (+46.5%), from -€7,582 to -€4,053

  • Trade debts +€463

    new in 2024: €463

Income statement
  • Turnover -€43,749

    no longer reported in 2024 (was €43,749)

  • Purchases and services -€6,783

    no longer reported in 2024 (was €6,783)

  • Financial income -€2,754

    down €2,754 (-36.4%), from €7,564 to €4,811

    of which Financial income: -€2,754

  • Other operating charges -€2,484

    down €2,484 (-86.5%), from €2,871 to €387

  • Depreciation -€1,853

    down €1,853 (-27.3%), from €6,783 to €4,930

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €2,030
Gross operating margin -€564
Depreciation +€1,853
Other operating charges +€2,484
Financial income -€2,754
Financial charges +€480
Result 2024 €3,529

Cash bridge derived

cash 2023 to 2024

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.

From operations -€8,761
Investment +€8,012
Financing €0
Cash 2023 €1,073
Net result for the year +€3,529
Depreciation +€4,930
Receivables within one year +€477
Trade debts +€463
Tax, wage and social debts +€170
Other debts -€18,330
Investment in fixed assets (net) +€8,012
Cash 2024 €324
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €34,158 €19,990 -€14,168 -41.5%
Fixed assets 21/28 €20,838 €7,897 -€12,942 -62.1%
Tangible fixed assets 22/27 €20,838 €7,897 -€12,942 -62.1%
Furniture and vehicles 24 €20,838 €7,897 -€12,942 -62.1%
Current assets 29/58 €13,319 €12,093 -€1,226 -9.2%
Amounts receivable within one year 40/41 €12,246 €11,769 -€477 -3.9%
Other amounts receivable 41 €12,246 €11,769 -€477 -3.9%
Cash at bank and in hand 54/58 €1,073 €324 -€749 -69.8%
Total equity and liabilities 10/49 €34,158 €19,990 -€14,168 -41.5%
Equity 10/15 €11,018 €14,547 +€3,529 +32.0%
Contributions 10/11 €18,600 €18,600 = 0.0%
Outside capital 11 €18,600 - -€18,600
Share premium 1100/10 €18,600 - -€18,600
Profit (loss) carried forward 14 -€7,582 -€4,053 +€3,529 +46.5%
Amounts payable 17/49 €23,140 €5,443 -€17,697 -76.5%
Amounts payable within one year 42/48 €23,140 €5,443 -€17,697 -76.5%
Trade debts 44 - €463 +€463
Suppliers 440/4 - €463 +€463
Taxes, remuneration and social security 45 - €170 +€170
Taxes 450/3 - €170 +€170
Other amounts payable 47/48 €23,140 €4,810 -€18,330 -79.2%
Turnover 70 €43,749 - -€43,749
Goods, raw materials, services and sundry goods 60/61 €6,783 - -€6,783
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,783 €4,930 -€1,853 -27.3%
Other operating charges 640/8 €2,871 €387 -€2,484 -86.5%
Gross operating margin 9900 €4,849 €4,285 -€564 -11.6%
Operating profit (loss) 9901 -€4,805 -€1,032 +€3,773 +78.5%
Financial income 75/76B €7,564 €4,811 -€2,754 -36.4%
Recurring financial income 75 €7,564 €4,811 -€2,754 -36.4%
Non-recurring financial income 76B €7,564 €4,811 -€2,754 -36.4%
Financial charges 65/66B €729 €249 -€480 -65.8%
Recurring financial charges 65 €442 €140 -€302 -68.3%
Non-recurring financial charges 66B €287 €109 -€178 -62.1%
Profit (loss) for the period before taxes 9903 €2,030 €3,529 +€1,500 +73.9%
Profit (loss) for the period 9904 €2,030 €3,529 +€1,500 +73.9%
Profit (loss) for the period to be appropriated 9905 €2,030 €3,529 +€1,500 +73.9%

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 28 September 2026 via checked.be.