Sined: 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.
Sined
Largest movements
- Tangible fixed assets +€58,493
new in 2024: €58,493
- Cash +€32,452
up €32,452 (+337.5%), from €9,617 to €42,069
mainly Debts after one year (+€47,581) and Net result for the year (+€22,506)
- Receivables within one year +€1,190
up €1,190 (+10.1%), from €11,819 to €13,009
- Debts after one year +€47,581
new in 2024: €47,581
- Reserves +€22,506
up €22,506 (+355.9%), from €6,324 to €28,830
- Current portion of long-term debt +€12,473
new in 2024: €12,473
- Tax, wage and social debts +€10,540
up €10,540 (+112.3%), from €9,385 to €19,925
of which Taxes: +€10,540
- Gross operating margin +€37,862
up €37,862 (+426.6%), from €8,876 to €46,738
- Depreciation +€14,565
new in 2024: €14,565
- Taxes +€4,178
up €4,178 (+167.0%), from €2,502 to €6,680
- Other operating charges +€1,546
up €1,546 (+3091.4%), from €50 to €1,596
- Financial charges +€1,392
new in 2024: €1,392
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 | €21,436 | €114,361 | +€92,925 | +433.5% |
| Fixed assets | 21/28 | - | €58,493 | +€58,493 | |
| Tangible fixed assets | 22/27 | - | €58,493 | +€58,493 | |
| Furniture and vehicles | 24 | - | €58,493 | +€58,493 | |
| Current assets | 29/58 | €21,436 | €55,869 | +€34,433 | +160.6% |
| Amounts receivable within one year | 40/41 | €11,819 | €13,009 | +€1,190 | +10.1% |
| Trade receivables | 40 | €11,819 | €13,009 | +€1,190 | +10.1% |
| Cash at bank and in hand | 54/58 | €9,617 | €42,069 | +€32,452 | +337.5% |
| Deferred charges and accrued income | 490/1 | - | €790 | +€790 | |
| Total equity and liabilities | 10/49 | €21,436 | €114,361 | +€92,925 | +433.5% |
| Equity | 10/15 | €11,324 | €33,830 | +€22,506 | +198.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €6,324 | €28,830 | +€22,506 | +355.9% |
| Distributable reserves | 133 | €6,324 | €28,830 | +€22,506 | +355.9% |
| Amounts payable | 17/49 | €10,112 | €80,532 | +€70,420 | +696.4% |
| Amounts payable after more than one year | 17 | - | €47,581 | +€47,581 | |
| Financial debts | 170/4 | - | €47,581 | +€47,581 | |
| Amounts payable within one year | 42/48 | €10,112 | €32,951 | +€22,838 | +225.8% |
| Current portion of amounts payable after more than one year | 42 | - | €12,473 | +€12,473 | |
| Trade debts | 44 | €228 | €372 | +€144 | +63.2% |
| Suppliers | 440/4 | €228 | €372 | +€144 | +63.2% |
| Taxes, remuneration and social security | 45 | €9,385 | €19,925 | +€10,540 | +112.3% |
| Taxes | 450/3 | €7,110 | €17,650 | +€10,540 | +148.2% |
| Remuneration and social security | 454/9 | €2,275 | €2,275 | = | 0.0% |
| Other amounts payable | 47/48 | €500 | €181 | -€319 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €14,565 | +€14,565 | |
| Other operating charges | 640/8 | €50 | €1,596 | +€1,546 | +3091.4% |
| Gross operating margin | 9900 | €8,876 | €46,738 | +€37,862 | +426.6% |
| Operating profit (loss) | 9901 | €8,826 | €30,577 | +€21,751 | +246.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €1,392 | +€1,392 | |
| Recurring financial charges | 65 | - | €1,392 | +€1,392 | |
| Profit (loss) for the period before taxes | 9903 | €8,826 | €29,186 | +€20,360 | +230.7% |
| Income taxes | 67/77 | €2,502 | €6,680 | +€4,178 | +167.0% |
| Profit (loss) for the period | 9904 | €6,324 | €22,506 | +€16,182 | +255.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,324 | €22,506 | +€16,182 | +255.9% |
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 1 October 2026 via checked.be.