Sinar Solutions: 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.
Sinar Solutions
Largest movements
- Receivables within one year +€12,516
up €12,516 (+150.2%), from €8,335 to €20,851
of which Trade receivables: +€9,631
- Cash +€7,664
up €7,664 (+9.7%), from €78,888 to €86,551
mainly Net result for the year (+€22,651) and Depreciation (+€490)
- Profit (loss) carried forward +€22,651
up €22,651 (+98.7%), from -€22,950 to -€299
- Tax, wage and social debts -€2,641
down €2,641 (-68.3%), from €3,869 to €1,228
- Gross operating margin +€47,418
up €47,418, from -€21,860 to €25,558
- Taxes +€1,380
up €1,380 (+807.1%), from €171 to €1,551
- Other operating charges +€436
up €436 (+112.9%), from €386 to €822
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 | €101,422 | €121,141 | +€19,719 | +19.4% |
| Fixed assets | 21/28 | €5,375 | €4,885 | -€490 | -9.1% |
| Tangible fixed assets | 22/27 | €4,750 | €4,260 | -€490 | -10.3% |
| Land and buildings | 22 | €4,750 | €4,260 | -€490 | -10.3% |
| Financial fixed assets | 28 | €625 | €625 | = | 0.0% |
| Current assets | 29/58 | €96,047 | €116,256 | +€20,209 | +21.0% |
| Amounts receivable within one year | 40/41 | €8,335 | €20,851 | +€12,516 | +150.2% |
| Trade receivables | 40 | €8,222 | €17,853 | +€9,631 | +117.1% |
| Other amounts receivable | 41 | €113 | €2,998 | +€2,885 | +2549.8% |
| Cash at bank and in hand | 54/58 | €78,888 | €86,551 | +€7,664 | +9.7% |
| Deferred charges and accrued income | 490/1 | €8,824 | €8,853 | +€29 | +0.3% |
| Total equity and liabilities | 10/49 | €101,422 | €121,141 | +€19,719 | +19.4% |
| Equity | 10/15 | €96,354 | €119,005 | +€22,651 | +23.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €118,804 | €118,804 | = | 0.0% |
| Distributable reserves | 133 | €118,804 | €118,804 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,950 | -€299 | +€22,651 | +98.7% |
| Amounts payable | 17/49 | €5,068 | €2,135 | -€2,932 | -57.9% |
| Amounts payable within one year | 42/48 | €5,068 | €2,135 | -€2,932 | -57.9% |
| Trade debts | 44 | €1,171 | €713 | -€458 | -39.1% |
| Suppliers | 440/4 | €1,171 | €713 | -€458 | -39.1% |
| Taxes, remuneration and social security | 45 | €3,869 | €1,228 | -€2,641 | -68.3% |
| Taxes | 450/3 | €3,869 | €1,228 | -€2,641 | -68.3% |
| Other amounts payable | 47/48 | €27 | €195 | +€167 | +618.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €490 | = | 0.0% |
| Other operating charges | 640/8 | €386 | €822 | +€436 | +112.9% |
| Gross operating margin | 9900 | -€21,860 | €25,558 | +€47,418 | |
| Operating profit (loss) | 9901 | -€22,736 | €24,247 | +€46,982 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €44 | €44 | +€1 | +2.1% |
| Recurring financial charges | 65 | €44 | €44 | +€1 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,779 | €24,202 | +€46,981 | |
| Income taxes | 67/77 | €171 | €1,551 | +€1,380 | +807.1% |
| Profit (loss) for the period | 9904 | -€22,950 | €22,651 | +€45,601 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,950 | €22,651 | +€45,601 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.