SINAN TRANS: 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.
SINAN TRANS
Largest movements
- Tangible fixed assets +€92,353
up €92,353 (+1,387%), from €6,657 to €99,010
of which Leasing and similar rights: +€61,982
- Cash +€23,050
up €23,050 (+554%), from €4,164 to €27,214
mainly Debts after one year (+€58,777) and Tax, wage and social debts (+€41,432)
- Receivables within one year -€21,771
down €21,771 (-23.1%), from €94,133 to €72,362
of which Trade receivables: -€21,471
- Receivables after one year -€13,554
down €13,554 (-11.2%), from €121,514 to €107,960
- Debts after one year +€58,777
new in 2023: €58,777
- Profit (loss) carried forward -€49,032
down €49,032 (-59.8%), from €82,060 to €33,028
- Tax, wage and social debts +€41,432
up €41,432 (+58.7%), from €70,573 to €112,006
of which Taxes: +€40,505
- Advances received +€33,118
new in 2023: €33,118
- Trade debts -€25,156
down €25,156 (-46.2%), from €54,434 to €29,278
- Purchases and services -€221,117
no longer reported in 2023 (was €221,117)
- Gross operating margin +€37,514
up €37,514 (+46.2%), from €81,192 to €118,706
- Staff costs +€35,023
new in 2023: €35,023
- Depreciation +€10,586
up €10,586 (+1,641%), from €645 to €11,231
- Other operating charges +€9,840
up €9,840 (+79.1%), from €12,437 to €22,276
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €227,526 | €307,855 | +€80,329 | +35.3% |
| Fixed assets | 21/28 | €6,657 | €99,010 | +€92,353 | +1,387% |
| Tangible fixed assets | 22/27 | €6,657 | €99,010 | +€92,353 | +1,387% |
| Plant, machinery and equipment | 23 | €2,064 | €2,483 | +€419 | +20.3% |
| Furniture and vehicles | 24 | €908 | €31,813 | +€30,905 | +3,404% |
| Leasing and similar rights | 25 | - | €61,982 | +€61,982 | |
| Other tangible fixed assets | 26 | €3,685 | €2,731 | -€953 | -25.9% |
| Current assets | 29/58 | €220,869 | €208,845 | -€12,024 | -5.4% |
| Amounts receivable after more than one year | 29 | €121,514 | €107,960 | -€13,554 | -11.2% |
| Other amounts receivable | 291 | €121,514 | €107,960 | -€13,554 | -11.2% |
| Amounts receivable within one year | 40/41 | €94,133 | €72,362 | -€21,771 | -23.1% |
| Trade receivables | 40 | €93,833 | €72,362 | -€21,471 | -22.9% |
| Other amounts receivable | 41 | €300 | - | -€300 | |
| Cash at bank and in hand | 54/58 | €4,164 | €27,214 | +€23,050 | +554% |
| Deferred charges and accrued income | 490/1 | €1,058 | €1,309 | +€250 | +23.7% |
| Total equity and liabilities | 10/49 | €227,526 | €307,855 | +€80,329 | +35.3% |
| Equity | 10/15 | €102,520 | €53,488 | -€49,032 | -47.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €82,060 | €33,028 | -€49,032 | -59.8% |
| Amounts payable | 17/49 | €125,007 | €254,367 | +€129,361 | +103% |
| Amounts payable after more than one year | 17 | - | €58,777 | +€58,777 | |
| Financial debts | 170/4 | - | €58,777 | +€58,777 | |
| Amounts payable within one year | 42/48 | €125,007 | €195,590 | +€70,583 | +56.5% |
| Current portion of amounts payable after more than one year | 42 | - | €21,189 | +€21,189 | |
| Trade debts | 44 | €54,434 | €29,278 | -€25,156 | -46.2% |
| Suppliers | 440/4 | €54,434 | €29,278 | -€25,156 | -46.2% |
| Advances received on contracts in progress | 46 | - | €33,118 | +€33,118 | |
| Taxes, remuneration and social security | 45 | €70,573 | €112,006 | +€41,432 | +58.7% |
| Taxes | 450/3 | €70,573 | €111,078 | +€40,505 | +57.4% |
| Remuneration and social security | 454/9 | - | €928 | +€928 | |
| Goods, raw materials, services and sundry goods | 60/61 | €221,117 | - | -€221,117 | |
| Remuneration, social security and pensions | 62 | - | €35,023 | +€35,023 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €645 | €11,231 | +€10,586 | +1,641% |
| Other operating charges | 640/8 | €12,437 | €22,276 | +€9,840 | +79.1% |
| Non-recurring operating charges | 66A | - | €400 | +€400 | |
| Gross operating margin | 9900 | €81,192 | €118,706 | +€37,514 | +46.2% |
| Operating profit (loss) | 9901 | €68,110 | €49,776 | -€18,334 | -26.9% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,459 | €7,008 | +€5,549 | +380% |
| Recurring financial charges | 65 | €1,459 | €7,008 | +€5,549 | +380% |
| Profit (loss) for the period before taxes | 9903 | €66,652 | €42,774 | -€23,878 | -35.8% |
| Income taxes | 67/77 | €14,356 | €9,746 | -€4,610 | -32.1% |
| Profit (loss) for the period | 9904 | €52,296 | €33,028 | -€19,268 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,296 | €33,028 | -€19,268 | -36.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.