SINDRILA: 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.
What changed
SINDRILA
NACE 16.230, Manufacture of other builders' carpentry and joinery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,366
2024 · €3,880-€1,514
Equity
€1.0m
2024 · €1.0m+€2,366
Cash
€178,990
2024 · €81,079+€97,911
Balance sheet total
€1.7m
2024 · €2.0m-€240,633
Largest movements
Assets
- Stocks and contracts -€308,381
down €308,381 (-45.2%), from €683,001 to €374,620
- Cash +€97,911
up €97,911 (+120.8%), from €81,079 to €178,990
mainly Stocks and contracts (+€308,381) and Depreciation (+€22,854)
Equity and liabilities
- Trade debts -€234,479
down €234,479 (-34.3%), from €683,926 to €449,447
Income statement
- Depreciation -€20,450
down €20,450 (-47.2%), from €43,304 to €22,854
- Gross operating margin -€11,899
down €11,899 (-6.9%), from €173,455 to €161,556
- Staff costs +€5,455
up €5,455 (+4.7%), from €116,921 to €122,376
- Taxes +€3,607
up €3,607 (+160.3%), from €2,250 to €5,857
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.
Result 2024
€3,880
Gross operating margin
-€11,899
Staff costs
-€5,455
Depreciation
+€20,450
Other operating charges
-€1,527
Financial income
+€111
Financial charges
+€413
Taxes
-€3,607
Result 2025
€2,366
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.
From operations
+€92,831
Investment
+€13,410
Financing
-€8,330
Cash 2024
€81,079
From operations (derived)
+€92,831
Net result for the year
+€2,366
Depreciation
+€22,854
Receivables after one year
-€9,000
Stocks and contracts
+€308,381
Receivables within one year
+€6,166
Deferred charges and accrued income
-€3,267
Trade debts
-€234,479
Tax, wage and social debts
+€1,660
Other debts
-€3,209
Accrued charges and deferred income
+€1,357
Investment (derived)
+€13,410
Investment in fixed assets (net)
+€13,410
Financing
-€8,330
Debts after one year
-€1,713
Current portion of long-term debt
-€6,617
Cash 2025
€178,990
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,960,464 | €1,719,831 | -€240,633 | -12.3% |
| Formation expenses | 20 | €35,546 | €16,685 | -€18,861 | -53.1% |
| Fixed assets | 21/28 | €161,544 | €144,141 | -€17,403 | -10.8% |
| Tangible fixed assets | 22/27 | €84,852 | €67,449 | -€17,403 | -20.5% |
| Plant, machinery and equipment | 23 | €42,929 | €31,813 | -€11,116 | -25.9% |
| Furniture and vehicles | 24 | €27,147 | €27,612 | +€465 | +1.7% |
| Leasing and similar rights | 25 | €14,278 | €7,836 | -€6,442 | -45.1% |
| Other tangible fixed assets | 26 | €498 | €188 | -€310 | -62.2% |
| Financial fixed assets | 28 | €76,692 | €76,692 | = | 0.0% |
| Current assets | 29/58 | €1,763,374 | €1,559,004 | -€204,370 | -11.6% |
| Amounts receivable after more than one year | 29 | €145,000 | €154,000 | +€9,000 | +6.2% |
| Other amounts receivable | 291 | €145,000 | €154,000 | +€9,000 | +6.2% |
| Stocks and contracts in progress | 3 | €683,001 | €374,620 | -€308,381 | -45.2% |
| Stocks | 30/36 | €683,001 | €374,620 | -€308,381 | -45.2% |
| Amounts receivable within one year | 40/41 | €830,398 | €824,231 | -€6,166 | -0.7% |
| Trade receivables | 40 | €766,684 | €787,975 | +€21,291 | +2.8% |
| Other amounts receivable | 41 | €63,714 | €36,257 | -€27,457 | -43.1% |
| Cash at bank and in hand | 54/58 | €81,079 | €178,990 | +€97,911 | +120.8% |
| Deferred charges and accrued income | 490/1 | €23,897 | €27,163 | +€3,267 | +13.7% |
| Total equity and liabilities | 10/49 | €1,960,464 | €1,719,831 | -€240,633 | -12.3% |
| Equity | 10/15 | €1,006,957 | €1,009,323 | +€2,366 | +0.2% |
| Contributions | 10/11 | €133,000 | €133,000 | = | 0.0% |
| Reserves | 13 | €65,013 | €65,013 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,581 | €7,581 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,581 | €7,581 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,683 | €38,683 | = | 0.0% |
| Distributable reserves | 133 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €808,944 | €811,310 | +€2,366 | +0.3% |
| Amounts payable | 17/49 | €953,507 | €710,508 | -€242,999 | -25.5% |
| Amounts payable after more than one year | 17 | €1,713 | - | -€1,713 | |
| Financial debts | 170/4 | €1,713 | - | -€1,713 | |
| Amounts payable within one year | 42/48 | €951,794 | €709,150 | -€242,643 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €39,170 | €32,553 | -€6,617 | -16.9% |
| Trade debts | 44 | €683,926 | €449,447 | -€234,479 | -34.3% |
| Suppliers | 440/4 | €683,926 | €449,447 | -€234,479 | -34.3% |
| Taxes, remuneration and social security | 45 | €28,670 | €30,330 | +€1,660 | +5.8% |
| Remuneration and social security | 454/9 | €28,670 | €30,330 | +€1,660 | +5.8% |
| Other amounts payable | 47/48 | €200,029 | €196,820 | -€3,209 | -1.6% |
| Accrued charges and deferred income | 492/3 | - | €1,357 | +€1,357 | |
| Remuneration, social security and pensions | 62 | €116,921 | €122,376 | +€5,455 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,304 | €22,854 | -€20,450 | -47.2% |
| Other operating charges | 640/8 | €2,217 | €3,744 | +€1,527 | +68.9% |
| Gross operating margin | 9900 | €173,455 | €161,556 | -€11,899 | -6.9% |
| Operating profit (loss) | 9901 | €11,013 | €12,581 | +€1,568 | +14.2% |
| Financial income | 75/76B | €7,735 | €7,846 | +€111 | +1.4% |
| Recurring financial income | 75 | €7,735 | €7,846 | +€111 | +1.4% |
| Financial charges | 65/66B | €12,618 | €12,205 | -€413 | -3.3% |
| Recurring financial charges | 65 | €12,618 | €12,205 | -€413 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €6,131 | €8,223 | +€2,092 | +34.1% |
| Income taxes | 67/77 | €2,250 | €5,857 | +€3,607 | +160.3% |
| Profit (loss) for the period | 9904 | €3,880 | €2,366 | -€1,514 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,880 | €2,366 | -€1,514 | -39.0% |
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 7 October 2026 via checked.be.