SINGH BROTHERS: what changed
What changed
SINGH BROTHERS
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
€35,650
2024 · €1,909+€33,741
Equity
€138,335
2024 · €102,685+€35,650
Cash
€10,344
2024 · €87,223-€76,879
Balance sheet total
€431,269
2024 · €285,593+€145,675
Largest movements
Assets
- Stocks and contracts +€195,056
up €195,056 (+152%), from €128,423 to €323,479
- Cash -€76,879
down €76,879 (-88.1%), from €87,223 to €10,344
mainly Stocks and contracts (-€195,056) and Receivables within one year (-€33,174)
- Receivables within one year +€33,174
up €33,174 (+76.1%), from €43,597 to €76,771
of which Trade receivables: +€43,065
Equity and liabilities
- Short-term financial debts +€62,033
new in 2025: €62,033
- Profit (loss) carried forward +€35,650
up €35,650 (+43.4%), from €82,225 to €117,875
- Tax, wage and social debts +€21,780
up €21,780 (+127%), from €17,208 to €38,989
of which Remuneration and social security: +€23,728
- Other debts +€16,337
up €16,337 (+263%), from €6,220 to €22,557
- Trade debts +€9,875
up €9,875 (+6.2%), from €159,480 to €169,355
Income statement
- Purchases and services +€442,282
up €442,282 (+13.1%), from €3.4m to €3.8m
- Turnover +€429,022
up €429,022 (+12.5%), from €3.4m to €3.9m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,909
Gross operating margin
-€17,097
Staff costs
+€16,780
Depreciation
+€2,286
Other operating charges
+€3,726
Other operating items
+€13,847
Financial income
+€10
Financial charges
+€998
Taxes
+€13,190
Result 2025
€35,650
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€138,912
Investment
€0
Financing
+€62,033
Cash 2024
€87,223
From operations (derived)
-€138,912
Net result for the year
+€35,650
Depreciation
+€4,897
Stocks and contracts
-€195,056
Receivables within one year
-€33,174
Deferred charges and accrued income
+€780
Trade debts
+€9,875
Tax, wage and social debts
+€21,780
Other debts
+€16,337
Financing
+€62,033
Short-term financial debts
+€62,033
Cash 2025
€10,344
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,593 | €431,269 | +€145,675 | +51.0% |
| Fixed assets | 21/28 | €23,843 | €18,946 | -€4,897 | -20.5% |
| Intangible fixed assets | 21 | €2,404 | €918 | -€1,485 | -61.8% |
| Tangible fixed assets | 22/27 | €9,418 | €6,006 | -€3,411 | -36.2% |
| Plant, machinery and equipment | 23 | €962 | €708 | -€254 | -26.4% |
| Furniture and vehicles | 24 | €6,783 | €3,852 | -€2,931 | -43.2% |
| Other tangible fixed assets | 26 | €1,674 | €1,447 | -€227 | -13.5% |
| Financial fixed assets | 28 | €12,021 | €12,021 | = | 0.0% |
| Current assets | 29/58 | €261,751 | €412,323 | +€150,572 | +57.5% |
| Stocks and contracts in progress | 3 | €128,423 | €323,479 | +€195,056 | +152% |
| Stocks | 30/36 | €128,423 | €323,479 | +€195,056 | +152% |
| Amounts receivable within one year | 40/41 | €43,597 | €76,771 | +€33,174 | +76.1% |
| Trade receivables | 40 | €1,815 | €44,880 | +€43,065 | +2,373% |
| Other amounts receivable | 41 | €41,782 | €31,891 | -€9,891 | -23.7% |
| Cash at bank and in hand | 54/58 | €87,223 | €10,344 | -€76,879 | -88.1% |
| Deferred charges and accrued income | 490/1 | €2,508 | €1,729 | -€780 | -31.1% |
| Total equity and liabilities | 10/49 | €285,593 | €431,269 | +€145,675 | +51.0% |
| Equity | 10/15 | €102,685 | €138,335 | +€35,650 | +34.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,225 | €117,875 | +€35,650 | +43.4% |
| Amounts payable | 17/49 | €182,909 | €292,934 | +€110,025 | +60.2% |
| Amounts payable within one year | 42/48 | €182,909 | €292,934 | +€110,025 | +60.2% |
| Financial debts | 43 | - | €62,033 | +€62,033 | |
| Credit institutions | 430/8 | - | €62,033 | +€62,033 | |
| Trade debts | 44 | €159,480 | €169,355 | +€9,875 | +6.2% |
| Suppliers | 440/4 | €159,480 | €169,355 | +€9,875 | +6.2% |
| Taxes, remuneration and social security | 45 | €17,208 | €38,989 | +€21,780 | +127% |
| Taxes | 450/3 | €10,982 | €9,034 | -€1,948 | -17.7% |
| Remuneration and social security | 454/9 | €6,226 | €29,954 | +€23,728 | +381% |
| Other amounts payable | 47/48 | €6,220 | €22,557 | +€16,337 | +263% |
| Turnover | 70 | €3,429,114 | €3,858,136 | +€429,022 | +12.5% |
| Non-recurring operating income | 76A | €839 | - | -€839 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,374,728 | €3,817,009 | +€442,282 | +13.1% |
| Remuneration, social security and pensions | 62 | €57,688 | €40,908 | -€16,780 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,182 | €4,897 | -€2,286 | -31.8% |
| Other operating charges | 640/8 | €9,834 | €6,107 | -€3,726 | -37.9% |
| Non-recurring operating charges | 66A | €13,847 | - | -€13,847 | |
| Gross operating margin | 9900 | €118,819 | €101,722 | -€17,097 | -14.4% |
| Operating profit (loss) | 9901 | €30,268 | €49,810 | +€19,542 | +64.6% |
| Financial income | 75/76B | €2 | €13 | +€10 | +426% |
| Recurring financial income | 75 | €2 | €13 | +€10 | +426% |
| Financial charges | 65/66B | €16,962 | €15,964 | -€998 | -5.9% |
| Recurring financial charges | 65 | €16,962 | €15,964 | -€998 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €13,309 | €33,859 | +€20,550 | +154% |
| Income taxes | 67/77 | €11,399 | -€1,791 | -€13,190 | |
| Profit (loss) for the period | 9904 | €1,909 | €35,650 | +€33,741 | +1,767% |
| Profit (loss) for the period to be appropriated | 9905 | €1,909 | €35,650 | +€33,741 | +1,767% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.