SINANI SECURITY: 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.
SINANI SECURITY
Largest movements
- Cash -€43,952
down €43,952 (-96.2%), from €45,709 to €1,757
mainly Trade debts (-€24,457) and Net result for the year (-€11,853)
- Receivables within one year +€6,897
up €6,897 (+11.2%), from €61,604 to €68,501
of which Other amounts receivable: +€17,902
- Trade debts -€24,457
down €24,457 (-90.4%), from €27,041 to €2,584
- Profit (loss) carried forward -€11,853
down €11,853 (-17.1%), from €69,390 to €57,537
- Other debts -€2,769
down €2,769 (-100%), from €2,769 to €0
- Tax, wage and social debts +€1,635
up €1,635 (+7.2%), from €22,834 to €24,469
of which Taxes: +€1,110
- Gross operating margin -€109,685
down €109,685, from €100,267 to -€9,418
- Taxes -€17,786
down €17,786 (-100%), from €17,786 to €0
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 | €125,033 | €87,590 | -€37,443 | -29.9% |
| Fixed assets | 21/28 | €2,135 | €2,209 | +€74 | +3.5% |
| Tangible fixed assets | 22/27 | €1,935 | €2,009 | +€74 | +3.8% |
| Furniture and vehicles | 24 | €1,935 | €2,009 | +€74 | +3.8% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €122,898 | €85,381 | -€37,517 | -30.5% |
| Amounts receivable within one year | 40/41 | €61,604 | €68,501 | +€6,897 | +11.2% |
| Trade receivables | 40 | €61,359 | €50,355 | -€11,005 | -17.9% |
| Other amounts receivable | 41 | €245 | €18,147 | +€17,902 | +7,311% |
| Current investments | 50/53 | €12,530 | €12,613 | +€83 | +0.7% |
| Cash at bank and in hand | 54/58 | €45,709 | €1,757 | -€43,952 | -96.2% |
| Deferred charges and accrued income | 490/1 | €3,055 | €2,509 | -€546 | -17.9% |
| Total equity and liabilities | 10/49 | €125,033 | €87,590 | -€37,443 | -29.9% |
| Equity | 10/15 | €72,390 | €60,537 | -€11,853 | -16.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,390 | €57,537 | -€11,853 | -17.1% |
| Amounts payable | 17/49 | €52,643 | €27,053 | -€25,590 | -48.6% |
| Amounts payable within one year | 42/48 | €52,643 | €27,053 | -€25,590 | -48.6% |
| Trade debts | 44 | €27,041 | €2,584 | -€24,457 | -90.4% |
| Suppliers | 440/4 | €27,041 | €2,584 | -€24,457 | -90.4% |
| Taxes, remuneration and social security | 45 | €22,834 | €24,469 | +€1,635 | +7.2% |
| Taxes | 450/3 | €22,834 | €23,943 | +€1,110 | +4.9% |
| Remuneration and social security | 454/9 | - | €526 | +€526 | |
| Other amounts payable | 47/48 | €2,769 | €0 | -€2,769 | -100% |
| Remuneration, social security and pensions | 62 | €50 | €0 | -€50 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357 | €1,026 | +€669 | +187% |
| Other operating charges | 640/8 | €1,106 | €1,710 | +€605 | +54.7% |
| Gross operating margin | 9900 | €100,267 | -€9,418 | -€109,685 | |
| Operating profit (loss) | 9901 | €98,754 | -€12,155 | -€110,909 | |
| Financial income | 75/76B | - | €942 | +€942 | |
| Recurring financial income | 75 | - | €942 | +€942 | |
| Financial charges | 65/66B | €616 | €640 | +€24 | +3.9% |
| Recurring financial charges | 65 | €616 | €640 | +€24 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €98,138 | -€11,853 | -€109,991 | |
| Income taxes | 67/77 | €17,786 | €0 | -€17,786 | -100% |
| Profit (loss) for the period | 9904 | €80,351 | -€11,853 | -€92,204 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,351 | -€11,853 | -€92,204 |
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 15 October 2026 via checked.be.