SinDo: 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.
SinDo
Largest movements
- Tangible fixed assets -€5,558
down €5,558 (-40.8%), from €13,623 to €8,065
of which Leasing and similar rights: -€4,903
- Cash +€722
up €722 (+126.2%), from €572 to €1,294
mainly Trade debts (+€8,358) and Depreciation (+€5,808)
- Intangible fixed assets -€250
down €250 (-15.6%), from €1,606 to €1,356
- Trade debts +€8,358
up €8,358 (+254.7%), from €3,281 to €11,639
- Profit (loss) carried forward -€6,207
down €6,207 (-57.1%), from -€10,873 to -€17,080
- Debts after one year -€5,090
down €5,090 (-62.7%), from €8,122 to €3,033
- Tax, wage and social debts -€3,397
down €3,397 (-48.7%), from €6,977 to €3,580
of which Remuneration and social security: -€2,672
- Short-term financial debts +€796
new in 2025: €796
- Gross operating margin +€4,528
up €4,528, from -€2,551 to €1,977
- Depreciation -€573
down €573 (-9.0%), from €6,381 to €5,808
- Other operating charges +€323
up €323 (+26.4%), from €1,227 to €1,550
- Financial income -€188
down €188 (-86.7%), from €217 to €29
- Financial charges -€113
down €113 (-15.9%), from €715 to €601
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 | €23,944 | €18,904 | -€5,040 | -21.0% |
| Fixed assets | 21/28 | €15,229 | €9,421 | -€5,808 | -38.1% |
| Intangible fixed assets | 21 | €1,606 | €1,356 | -€250 | -15.6% |
| Tangible fixed assets | 22/27 | €13,623 | €8,065 | -€5,558 | -40.8% |
| Furniture and vehicles | 24 | €942 | €287 | -€655 | -69.5% |
| Leasing and similar rights | 25 | €12,681 | €7,778 | -€4,903 | -38.7% |
| Current assets | 29/58 | €8,715 | €9,483 | +€768 | +8.8% |
| Stocks and contracts in progress | 3 | €3,181 | €3,181 | = | 0.0% |
| Stocks | 30/36 | €3,181 | €3,181 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,228 | €4,382 | +€154 | +3.6% |
| Trade receivables | 40 | €4,219 | €4,375 | +€156 | +3.7% |
| Other amounts receivable | 41 | €9 | €7 | -€2 | -20.1% |
| Cash at bank and in hand | 54/58 | €572 | €1,294 | +€722 | +126.2% |
| Deferred charges and accrued income | 490/1 | €734 | €626 | -€108 | -14.7% |
| Total equity and liabilities | 10/49 | €23,944 | €18,904 | -€5,040 | -21.0% |
| Equity | 10/15 | -€3,574 | -€9,781 | -€6,207 | -173.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,299 | €6,299 | = | 0.0% |
| Distributable reserves | 133 | €6,299 | €6,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,873 | -€17,080 | -€6,207 | -57.1% |
| Amounts payable | 17/49 | €27,518 | €28,685 | +€1,167 | +4.2% |
| Amounts payable after more than one year | 17 | €8,122 | €3,033 | -€5,090 | -62.7% |
| Financial debts | 170/4 | €8,122 | €3,033 | -€5,090 | -62.7% |
| Amounts payable within one year | 42/48 | €19,009 | €24,731 | +€5,723 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €4,955 | €5,090 | +€135 | +2.7% |
| Financial debts | 43 | - | €796 | +€796 | |
| Credit institutions | 430/8 | - | €796 | +€796 | |
| Trade debts | 44 | €3,281 | €11,639 | +€8,358 | +254.7% |
| Suppliers | 440/4 | €3,281 | €11,639 | +€8,358 | +254.7% |
| Taxes, remuneration and social security | 45 | €6,977 | €3,580 | -€3,397 | -48.7% |
| Taxes | 450/3 | €4,305 | €3,579 | -€726 | -16.9% |
| Remuneration and social security | 454/9 | €2,672 | €1 | -€2,672 | -100.0% |
| Other amounts payable | 47/48 | €3,796 | €3,627 | -€168 | -4.4% |
| Accrued charges and deferred income | 492/3 | €387 | €921 | +€534 | +137.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,381 | €5,808 | -€573 | -9.0% |
| Other operating charges | 640/8 | €1,227 | €1,550 | +€323 | +26.4% |
| Gross operating margin | 9900 | -€2,551 | €1,977 | +€4,528 | |
| Operating profit (loss) | 9901 | -€10,159 | -€5,381 | +€4,778 | +47.0% |
| Financial income | 75/76B | €217 | €29 | -€188 | -86.7% |
| Recurring financial income | 75 | €217 | €29 | -€188 | -86.7% |
| Financial charges | 65/66B | €715 | €601 | -€113 | -15.9% |
| Recurring financial charges | 65 | €715 | €601 | -€113 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,656 | -€5,953 | +€4,703 | +44.1% |
| Income taxes | 67/77 | €217 | €254 | +€37 | +16.9% |
| Profit (loss) for the period | 9904 | -€10,873 | -€6,207 | +€4,666 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,873 | -€6,207 | +€4,666 | +42.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.