SINGELINVEST: 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.
SINGELINVEST
Largest movements
- Cash -€6,188
down €6,188 (-2.3%), from €264,428 to €258,240
mainly Net result for the year (-€6,090) and Receivables within one year (-€98)
- Profit (loss) carried forward -€6,090
down €6,090 (-0.3%), from -€2.3m to -€2.3m
- Gross operating margin -€1,096
down €1,096 (-152%), from -€719 to -€1,815
- Purchases and services +€1,096
up €1,096 (+152%), from €719 to €1,815
- Financial charges -€107
down €107 (-2.7%), from €3,962 to €3,855
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 | €335,186 | €329,097 | -€6,090 | -1.8% |
| Current assets | 29/58 | €335,186 | €329,097 | -€6,090 | -1.8% |
| Stocks and contracts in progress | 3 | €64,008 | €64,008 | = | 0.0% |
| Stocks | 30/36 | €64,008 | €64,008 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,751 | €6,849 | +€98 | +1.5% |
| Other amounts receivable | 41 | €6,751 | €6,849 | +€98 | +1.5% |
| Cash at bank and in hand | 54/58 | €264,428 | €258,240 | -€6,188 | -2.3% |
| Total equity and liabilities | 10/49 | €335,186 | €329,097 | -€6,090 | -1.8% |
| Equity | 10/15 | €334,228 | €328,138 | -€6,090 | -1.8% |
| Contributions | 10/11 | €2,603,378 | €2,603,378 | = | 0.0% |
| Capital | 10 | €2,603,378 | €2,603,378 | = | 0.0% |
| Issued capital | 100 | €2,603,378 | €2,603,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,269,150 | -€2,275,240 | -€6,090 | -0.3% |
| Amounts payable | 17/49 | €958 | €958 | = | 0.0% |
| Amounts payable within one year | 42/48 | €958 | €958 | = | 0.0% |
| Other amounts payable | 47/48 | €958 | €958 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €719 | €1,815 | +€1,096 | +152% |
| Other operating charges | 640/8 | €407 | €420 | +€12 | +3.0% |
| Gross operating margin | 9900 | -€719 | -€1,815 | -€1,096 | -152% |
| Operating profit (loss) | 9901 | -€1,127 | -€2,235 | -€1,108 | -98.4% |
| Financial charges | 65/66B | €3,962 | €3,855 | -€107 | -2.7% |
| Recurring financial charges | 65 | €3,962 | €3,855 | -€107 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,088 | -€6,090 | -€1,002 | -19.7% |
| Profit (loss) for the period | 9904 | -€5,088 | -€6,090 | -€1,002 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,088 | -€6,090 | -€1,002 | -19.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.