SINBAD: 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.
SINBAD
Largest movements
- Cash +€39,946
up €39,946 (+33.4%), from €119,520 to €159,466
mainly Net result for the year (+€28,422) and Tax, wage and social debts (+€20,492)
- Other debts -€24,123
no longer reported in 2024 (was €24,123)
- Tax, wage and social debts +€20,492
up €20,492 (+43.1%), from €47,537 to €68,029
of which Taxes: +€15,658
- Reserves +€20,000
up €20,000 (+38.6%), from €51,860 to €71,860
of which Distributable reserves: +€20,000
- Trade debts +€11,822
up €11,822 (+110.1%), from €10,733 to €22,555
- Profit (loss) carried forward +€8,422
up €8,422 (+1405.5%), from €599 to €9,021
- Gross operating margin -€40,557
down €40,557 (-22.1%), from €183,509 to €142,952
- Taxes -€14,059
down €14,059 (-59.4%), from €23,684 to €9,624
- Staff costs -€3,653
down €3,653 (-3.6%), from €100,981 to €97,328
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 | €153,453 | €190,065 | +€36,612 | +23.9% |
| Fixed assets | 21/28 | €13,547 | €11,790 | -€1,757 | -13.0% |
| Tangible fixed assets | 22/27 | €12,547 | €10,790 | -€1,757 | -14.0% |
| Plant, machinery and equipment | 23 | €7,958 | €6,826 | -€1,133 | -14.2% |
| Other tangible fixed assets | 26 | €4,588 | €3,964 | -€624 | -13.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €139,907 | €178,275 | +€38,369 | +27.4% |
| Stocks and contracts in progress | 3 | €2,163 | €2,163 | = | 0.0% |
| Stocks | 30/36 | €2,163 | €2,163 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,305 | €16,647 | -€658 | -3.8% |
| Trade receivables | 40 | €17,305 | €13,800 | -€3,505 | -20.3% |
| Other amounts receivable | 41 | - | €2,847 | +€2,847 | |
| Cash at bank and in hand | 54/58 | €119,520 | €159,466 | +€39,946 | +33.4% |
| Deferred charges and accrued income | 490/1 | €920 | - | -€920 | |
| Total equity and liabilities | 10/49 | €153,453 | €190,065 | +€36,612 | +23.9% |
| Equity | 10/15 | €71,059 | €99,481 | +€28,422 | +40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,860 | €71,860 | +€20,000 | +38.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €70,000 | +€20,000 | +40.0% |
| Profit (loss) carried forward | 14 | €599 | €9,021 | +€8,422 | +1405.5% |
| Amounts payable | 17/49 | €82,394 | €90,584 | +€8,190 | +9.9% |
| Amounts payable within one year | 42/48 | €82,394 | €90,584 | +€8,190 | +9.9% |
| Trade debts | 44 | €10,733 | €22,555 | +€11,822 | +110.1% |
| Suppliers | 440/4 | €10,733 | €22,555 | +€11,822 | +110.1% |
| Taxes, remuneration and social security | 45 | €47,537 | €68,029 | +€20,492 | +43.1% |
| Taxes | 450/3 | €31,778 | €47,436 | +€15,658 | +49.3% |
| Remuneration and social security | 454/9 | €15,760 | €20,593 | +€4,834 | +30.7% |
| Other amounts payable | 47/48 | €24,123 | - | -€24,123 | |
| Remuneration, social security and pensions | 62 | €100,981 | €97,328 | -€3,653 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,441 | €3,544 | +€103 | +3.0% |
| Other operating charges | 640/8 | €2,838 | €3,306 | +€468 | +16.5% |
| Gross operating margin | 9900 | €183,509 | €142,952 | -€40,557 | -22.1% |
| Operating profit (loss) | 9901 | €76,248 | €38,773 | -€37,475 | -49.1% |
| Financial income | 75/76B | €493 | €824 | +€331 | +67.1% |
| Recurring financial income | 75 | €493 | €824 | +€331 | +67.1% |
| Financial charges | 65/66B | €2,459 | €1,552 | -€907 | -36.9% |
| Recurring financial charges | 65 | €2,459 | €1,552 | -€907 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €74,283 | €38,046 | -€36,237 | -48.8% |
| Income taxes | 67/77 | €23,684 | €9,624 | -€14,059 | -59.4% |
| Profit (loss) for the period | 9904 | €50,599 | €28,422 | -€22,177 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,599 | €28,422 | -€22,177 | -43.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.