SINELCO GROUP: 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.
SINELCO GROUP
Largest movements
- Cash +€148,359
up €148,359 (+378%), from €39,229 to €187,588
mainly Net result for the year (+€105,893) and Receivables within one year (+€39,829)
- Profit (loss) carried forward +€105,893
up €105,893, from -€5,061 to €100,831
- Financial income -€15.7m
down €15.7m (-99.9%), from €15.7m to €8,952
- Other operating income +€151,117
new in 2025: €151,117
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 | €7,227,409 | €7,335,938 | +€108,530 | +1.5% |
| Fixed assets | 21/28 | €6,959,780 | €6,959,780 | = | 0.0% |
| Tangible fixed assets | 22/27 | €966,900 | €966,900 | = | 0.0% |
| Land and buildings | 22 | €966,900 | €966,900 | = | 0.0% |
| Financial fixed assets | 28 | €5,992,880 | €5,992,880 | = | 0.0% |
| Affiliated companies | 280/1 | €5,992,880 | €5,992,880 | = | 0.0% |
| Participating interests | 280 | €5,992,880 | €5,992,880 | = | 0.0% |
| Current assets | 29/58 | €267,629 | €376,158 | +€108,530 | +40.6% |
| Amounts receivable within one year | 40/41 | €228,399 | €188,570 | -€39,829 | -17.4% |
| Other amounts receivable | 41 | €228,399 | €188,570 | -€39,829 | -17.4% |
| Cash at bank and in hand | 54/58 | €39,229 | €187,588 | +€148,359 | +378% |
| Total equity and liabilities | 10/49 | €7,227,409 | €7,335,938 | +€108,530 | +1.5% |
| Equity | 10/15 | €7,200,746 | €7,306,639 | +€105,893 | +1.5% |
| Contributions | 10/11 | €7,197,771 | €7,197,771 | = | 0.0% |
| Reserves | 13 | €8,037 | €8,037 | = | 0.0% |
| Distributable reserves | 133 | €8,037 | €8,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,061 | €100,831 | +€105,893 | |
| Amounts payable | 17/49 | €26,662 | €29,299 | +€2,637 | +9.9% |
| Amounts payable within one year | 42/48 | €26,662 | €29,299 | +€2,637 | +9.9% |
| Trade debts | 44 | €10,715 | €5,246 | -€5,470 | -51.0% |
| Suppliers | 440/4 | €10,715 | €5,246 | -€5,470 | -51.0% |
| Taxes, remuneration and social security | 45 | €15,947 | €24,053 | +€8,107 | +50.8% |
| Taxes | 450/3 | €15,947 | €24,053 | +€8,107 | +50.8% |
| Operating income | 70/76A | - | €151,117 | +€151,117 | |
| Other operating income | 74 | - | €151,117 | +€151,117 | |
| Operating charges | 60/66A | €16,621 | €6,813 | -€9,808 | -59.0% |
| Services and other goods | 61 | €11,274 | €4,786 | -€6,488 | -57.5% |
| Other operating charges | 640/8 | €1,858 | €2,027 | +€169 | +9.1% |
| Non-recurring operating charges | 66A | €3,489 | - | -€3,489 | |
| Operating profit (loss) | 9901 | -€16,621 | €144,304 | +€160,925 | |
| Financial income | 75/76B | €15,674,455 | €8,952 | -€15.7m | -99.9% |
| Recurring financial income | 75 | €15,674,455 | €8,952 | -€15.7m | -99.9% |
| Income from financial fixed assets | 750 | €15,674,455 | €8,952 | -€15.7m | -99.9% |
| Financial charges | 65/66B | €276 | €306 | +€30 | +10.9% |
| Recurring financial charges | 65 | €276 | €306 | +€30 | +10.9% |
| Other financial charges | 652/9 | €276 | €306 | +€30 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €15,657,559 | €152,950 | -€15.5m | -99.0% |
| Income taxes | 67/77 | €56,303 | €47,057 | -€9,246 | -16.4% |
| Taxes | 670/3 | €56,303 | €47,057 | -€9,246 | -16.4% |
| Profit (loss) for the period | 9904 | €15,601,256 | €105,893 | -€15.5m | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,601,256 | €105,893 | -€15.5m | -99.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.