SINAY & SIS: 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.
SINAY & SIS
Largest movements
- Cash -€11,233
down €11,233 (-35.1%), from €31,991 to €20,759
mainly Other debts (-€13,258) and Trade debts (-€7,501)
- Deferred charges and accrued income +€1,420
up €1,420 (+277.3%), from €512 to €1,932
- Receivables within one year +€1,000
up €1,000 (+7.1%), from €14,124 to €15,124
of which Other amounts receivable: +€3,308
- Other debts -€13,258
no longer reported in 2024 (was €13,258)
- Trade debts -€7,501
down €7,501 (-73.0%), from €10,271 to €2,770
- Tax, wage and social debts +€7,179
up €7,179 (+56.7%), from €12,666 to €19,844
of which Taxes: +€4,679
- Profit (loss) carried forward +€4,808
up €4,808 (+27.6%), from €17,414 to €22,221
- Gross operating margin -€15,258
down €15,258 (-41.1%), from €37,089 to €21,831
- Taxes -€3,437
down €3,437 (-41.9%), from €8,203 to €4,767
- Staff costs -€2,649
down €2,649 (-35.5%), from €7,455 to €4,806
- Depreciation +€1,118
up €1,118 (+32.0%), from €3,499 to €4,616
- Other operating charges -€437
down €437 (-13.8%), from €3,162 to €2,725
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,718 | €44,946 | -€8,772 | -16.3% |
| Fixed assets | 21/28 | €7,090 | €7,132 | +€41 | +0.6% |
| Tangible fixed assets | 22/27 | €7,007 | €7,048 | +€41 | +0.6% |
| Furniture and vehicles | 24 | €4,362 | €4,098 | -€264 | -6.0% |
| Other tangible fixed assets | 26 | €2,645 | €2,951 | +€305 | +11.5% |
| Financial fixed assets | 28 | €83 | €83 | = | 0.0% |
| Current assets | 29/58 | €46,627 | €37,814 | -€8,813 | -18.9% |
| Amounts receivable within one year | 40/41 | €14,124 | €15,124 | +€1,000 | +7.1% |
| Trade receivables | 40 | €14,122 | €11,814 | -€2,308 | -16.3% |
| Other amounts receivable | 41 | €2 | €3,310 | +€3,308 | +170511.9% |
| Cash at bank and in hand | 54/58 | €31,991 | €20,759 | -€11,233 | -35.1% |
| Deferred charges and accrued income | 490/1 | €512 | €1,932 | +€1,420 | +277.3% |
| Total equity and liabilities | 10/49 | €53,718 | €44,946 | -€8,772 | -16.3% |
| Equity | 10/15 | €17,524 | €22,331 | +€4,808 | +27.4% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | €100 | = | 0.0% |
| Issued capital | 100 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Legal reserve | 130 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,414 | €22,221 | +€4,808 | +27.6% |
| Amounts payable | 17/49 | €36,194 | €22,615 | -€13,580 | -37.5% |
| Amounts payable within one year | 42/48 | €36,194 | €22,615 | -€13,580 | -37.5% |
| Trade debts | 44 | €10,271 | €2,770 | -€7,501 | -73.0% |
| Suppliers | 440/4 | €10,271 | €2,770 | -€7,501 | -73.0% |
| Taxes, remuneration and social security | 45 | €12,666 | €19,844 | +€7,179 | +56.7% |
| Taxes | 450/3 | €12,666 | €17,344 | +€4,679 | +36.9% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €13,258 | - | -€13,258 | |
| Remuneration, social security and pensions | 62 | €7,455 | €4,806 | -€2,649 | -35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,499 | €4,616 | +€1,118 | +32.0% |
| Other operating charges | 640/8 | €3,162 | €2,725 | -€437 | -13.8% |
| Gross operating margin | 9900 | €37,089 | €21,831 | -€15,258 | -41.1% |
| Operating profit (loss) | 9901 | €22,974 | €9,683 | -€13,290 | -57.9% |
| Financial income | 75/76B | €9 | €10 | +€1 | +9.6% |
| Recurring financial income | 75 | €9 | €10 | +€1 | +9.6% |
| Financial charges | 65/66B | €88 | €118 | +€31 | +35.3% |
| Recurring financial charges | 65 | €88 | €118 | +€31 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | €22,895 | €9,575 | -€13,320 | -58.2% |
| Income taxes | 67/77 | €8,203 | €4,767 | -€3,437 | -41.9% |
| Profit (loss) for the period | 9904 | €14,691 | €4,808 | -€9,884 | -67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,691 | €4,808 | -€9,884 | -67.3% |
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 8 October 2026 via checked.be.