SINE DIE: what changed
Two financial 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.
SINE DIE
Largest movements
- Cash +€29,311
up €29,311 (+19.8%), from €147,794 to €177,106
mainly Net result for the year (+€44,355) and Receivables after one year (+€20,000)
- Receivables after one year -€20,000
down €20,000 (-14.3%), from €140,000 to €120,000
- Receivables within one year +€11,510
up €11,510 (+33.3%), from €34,544 to €46,054
of which Other amounts receivable: +€10,756
- Intangible fixed assets +€8,454
up €8,454 (+557%), from €1,518 to €9,972
- Tangible fixed assets -€4,306
down €4,306 (-21.6%), from €19,956 to €15,650
- Trade debts +€19,678
up €19,678 (+18,050%), from €109 to €19,787
- Reserves +€14,000
up €14,000 (+6.1%), from €229,860 to €243,860
- Other debts -€6,168
down €6,168 (-17.1%), from €36,168 to €30,000
- Gross operating margin +€6,641
up €6,641 (+10.2%), from €64,857 to €71,498
- Taxes +€4,758
up €4,758 (+27.6%), from €17,252 to €22,010
- Depreciation +€983
up €983 (+15.5%), from €6,323 to €7,305
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.
Derived cash bridge
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 | €344,895 | €369,899 | +€25,004 | +7.2% |
| Fixed assets | 21/28 | €21,474 | €25,622 | +€4,148 | +19.3% |
| Intangible fixed assets | 21 | €1,518 | €9,972 | +€8,454 | +557% |
| Tangible fixed assets | 22/27 | €19,956 | €15,650 | -€4,306 | -21.6% |
| Furniture and vehicles | 24 | €19,956 | €15,650 | -€4,306 | -21.6% |
| Current assets | 29/58 | €323,421 | €344,277 | +€20,856 | +6.4% |
| Amounts receivable after more than one year | 29 | €140,000 | €120,000 | -€20,000 | -14.3% |
| Other amounts receivable | 291 | €140,000 | €120,000 | -€20,000 | -14.3% |
| Amounts receivable within one year | 40/41 | €34,544 | €46,054 | +€11,510 | +33.3% |
| Trade receivables | 40 | €31,796 | €32,550 | +€755 | +2.4% |
| Other amounts receivable | 41 | €2,748 | €13,504 | +€10,756 | +391% |
| Cash at bank and in hand | 54/58 | €147,794 | €177,106 | +€29,311 | +19.8% |
| Deferred charges and accrued income | 490/1 | €1,083 | €1,117 | +€35 | +3.2% |
| Total equity and liabilities | 10/49 | €344,895 | €369,899 | +€25,004 | +7.2% |
| Equity | 10/15 | €303,307 | €317,662 | +€14,355 | +4.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €229,860 | €243,860 | +€14,000 | +6.1% |
| Distributable reserves | 133 | €229,860 | €243,860 | +€14,000 | +6.1% |
| Profit (loss) carried forward | 14 | €61,047 | €61,402 | +€355 | +0.6% |
| Amounts payable | 17/49 | €41,588 | €52,236 | +€10,649 | +25.6% |
| Amounts payable within one year | 42/48 | €40,825 | €52,236 | +€11,411 | +28.0% |
| Trade debts | 44 | €109 | €19,787 | +€19,678 | +18,050% |
| Suppliers | 440/4 | €109 | €19,787 | +€19,678 | +18,050% |
| Taxes, remuneration and social security | 45 | €4,549 | €2,450 | -€2,099 | -46.1% |
| Taxes | 450/3 | €1,758 | €2,450 | +€692 | +39.3% |
| Remuneration and social security | 454/9 | €2,791 | - | -€2,791 | |
| Other amounts payable | 47/48 | €36,168 | €30,000 | -€6,168 | -17.1% |
| Accrued charges and deferred income | 492/3 | €763 | - | -€763 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,323 | €7,305 | +€983 | +15.5% |
| Other operating charges | 640/8 | €763 | €566 | -€198 | -25.9% |
| Gross operating margin | 9900 | €64,857 | €71,498 | +€6,641 | +10.2% |
| Operating profit (loss) | 9901 | €57,771 | €63,627 | +€5,855 | +10.1% |
| Financial income | 75/76B | €2,320 | €2,906 | +€586 | +25.3% |
| Recurring financial income | 75 | €2,320 | €2,906 | +€586 | +25.3% |
| Financial charges | 65/66B | €194 | €168 | -€27 | -13.7% |
| Recurring financial charges | 65 | €194 | €168 | -€27 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €59,897 | €66,365 | +€6,468 | +10.8% |
| Income taxes | 67/77 | €17,252 | €22,010 | +€4,758 | +27.6% |
| Profit (loss) for the period | 9904 | €42,646 | €44,355 | +€1,710 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,646 | €44,355 | +€1,710 | +4.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.