SINGERBIRD LAND: 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.
SINGERBIRD LAND
Largest movements
- Stocks and contracts +€92,533
up €92,533 (+4.6%), from €2.0m to €2.1m
- Receivables within one year -€33,770
down €33,770 (-93.8%), from €35,997 to €2,227
- Debts after one year -€500,000
no longer reported in 2024 (was €500,000)
- Current portion of long-term debt +€500,000
up €500,000 (+167%), from €300,000 to €800,000
- Other debts +€25,285
up €25,285 (+2.5%), from €997,969 to €1.0m
- Other operating charges +€6,503
up €6,503 (+54.7%), from €11,886 to €18,389
- Gross operating margin +€6,076
up €6,076 (+7.8%), from €77,490 to €83,566
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,060,764 | €2,118,283 | +€57,519 | +2.8% |
| Current assets | 29/58 | €2,060,764 | €2,118,283 | +€57,519 | +2.8% |
| Stocks and contracts in progress | 3 | €2,023,485 | €2,116,018 | +€92,533 | +4.6% |
| Stocks | 30/36 | €2,023,485 | €2,116,018 | +€92,533 | +4.6% |
| Amounts receivable within one year | 40/41 | €35,997 | €2,227 | -€33,770 | -93.8% |
| Other amounts receivable | 41 | €35,997 | €2,227 | -€33,770 | -93.8% |
| Cash at bank and in hand | 54/58 | €65 | €38 | -€27 | -41.3% |
| Deferred charges and accrued income | 490/1 | €1,217 | - | -€1,217 | |
| Total equity and liabilities | 10/49 | €2,060,764 | €2,118,283 | +€57,519 | +2.8% |
| Equity | 10/15 | €7,500 | €7,500 | = | 0.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable | 17/49 | €2,053,264 | €2,110,783 | +€57,519 | +2.8% |
| Amounts payable after more than one year | 17 | €500,000 | - | -€500,000 | |
| Financial debts | 170/4 | €500,000 | - | -€500,000 | |
| Amounts payable within one year | 42/48 | €1,549,216 | €2,107,309 | +€558,093 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | €300,000 | €800,000 | +€500,000 | +167% |
| Financial debts | 43 | €248,159 | €264,182 | +€16,023 | +6.5% |
| Credit institutions | 430/8 | €248,159 | €264,182 | +€16,023 | +6.5% |
| Trade debts | 44 | €3,088 | €19,873 | +€16,785 | +544% |
| Suppliers | 440/4 | €3,088 | €19,873 | +€16,785 | +544% |
| Other amounts payable | 47/48 | €997,969 | €1,023,254 | +€25,285 | +2.5% |
| Accrued charges and deferred income | 492/3 | €4,048 | €3,474 | -€574 | -14.2% |
| Other operating charges | 640/8 | €11,886 | €18,389 | +€6,503 | +54.7% |
| Gross operating margin | 9900 | €77,490 | €83,566 | +€6,076 | +7.8% |
| Operating profit (loss) | 9901 | €65,605 | €65,177 | -€428 | -0.7% |
| Financial charges | 65/66B | €65,605 | €65,177 | -€428 | -0.7% |
| Recurring financial charges | 65 | €65,605 | €65,177 | -€428 | -0.7% |
Source: filed annual accounts (NBB), financial 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 November 2026 via checked.be.