SINDHAR: 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.
SINDHAR
Largest movements
- Receivables within one year -€24,769
down €24,769 (-93.8%), from €26,405 to €1,636
of which Trade receivables: -€25,847
- Stocks and contracts +€20,746
up €20,746 (+348.6%), from €5,951 to €26,696
- Cash -€2,401
down €2,401 (-42.4%), from €5,665 to €3,263
mainly Trade debts (-€25,133) and Stocks and contracts (-€20,746)
- Trade debts -€25,133
down €25,133 (-89.9%), from €27,944 to €2,811
- Tax, wage and social debts +€10,983
up €10,983 (+1087.1%), from €1,010 to €11,994
of which Remuneration and social security: +€10,494
- Profit (loss) carried forward +€4,753
up €4,753 (+375.3%), from €1,266 to €6,019
- Contributions +€2,972
up €2,972 (+24.8%), from €12,000 to €14,972
- Turnover +€113,770
up €113,770 (+116.6%), from €97,541 to €211,310
- Purchases and services +€107,475
up €107,475 (+113.4%), from €94,800 to €202,275
- Gross operating margin +€7,495
up €7,495 (+273.5%), from €2,741 to €10,236
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 | €42,220 | €35,796 | -€6,425 | -15.2% |
| Fixed assets | 21/28 | €4,200 | €4,200 | = | 0.0% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €38,020 | €31,596 | -€6,425 | -16.9% |
| Stocks and contracts in progress | 3 | €5,951 | €26,696 | +€20,746 | +348.6% |
| Stocks | 30/36 | €5,951 | €26,696 | +€20,746 | +348.6% |
| Amounts receivable within one year | 40/41 | €26,405 | €1,636 | -€24,769 | -93.8% |
| Trade receivables | 40 | €26,405 | €558 | -€25,847 | -97.9% |
| Other amounts receivable | 41 | - | €1,078 | +€1,078 | |
| Cash at bank and in hand | 54/58 | €5,665 | €3,263 | -€2,401 | -42.4% |
| Total equity and liabilities | 10/49 | €42,220 | €35,796 | -€6,425 | -15.2% |
| Equity | 10/15 | €13,266 | €20,991 | +€7,725 | +58.2% |
| Contributions | 10/11 | €12,000 | €14,972 | +€2,972 | +24.8% |
| Profit (loss) carried forward | 14 | €1,266 | €6,019 | +€4,753 | +375.3% |
| Amounts payable | 17/49 | €28,954 | €14,805 | -€14,149 | -48.9% |
| Amounts payable within one year | 42/48 | €28,954 | €14,805 | -€14,149 | -48.9% |
| Trade debts | 44 | €27,944 | €2,811 | -€25,133 | -89.9% |
| Suppliers | 440/4 | €27,944 | €2,811 | -€25,133 | -89.9% |
| Taxes, remuneration and social security | 45 | €1,010 | €11,994 | +€10,983 | +1087.1% |
| Taxes | 450/3 | €1,010 | €1,500 | +€490 | +48.5% |
| Remuneration and social security | 454/9 | - | €10,494 | +€10,494 | |
| Turnover | 70 | €97,541 | €211,310 | +€113,770 | +116.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €94,800 | €202,275 | +€107,475 | +113.4% |
| Remuneration, social security and pensions | 62 | - | €494 | +€494 | |
| Other operating charges | 640/8 | €942 | €2,476 | +€1,534 | +162.9% |
| Gross operating margin | 9900 | €2,741 | €10,236 | +€7,495 | +273.5% |
| Operating profit (loss) | 9901 | €1,799 | €7,266 | +€5,467 | +304.0% |
| Financial charges | 65/66B | €110 | €909 | +€799 | +725.1% |
| Recurring financial charges | 65 | €110 | €909 | +€799 | +725.1% |
| Profit (loss) for the period before taxes | 9903 | €1,688 | €6,357 | +€4,668 | +276.5% |
| Income taxes | 67/77 | €422 | €1,604 | +€1,182 | +280.0% |
| Profit (loss) for the period | 9904 | €1,266 | €4,753 | +€3,487 | +275.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,266 | €4,753 | +€3,487 | +275.3% |
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.