SINGH & SINGH: 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.
SINGH & SINGH
Largest movements
- Receivables within one year +€1,880
up €1,880 (+53.5%), from €3,511 to €5,392
of which Other amounts receivable: +€1,348
- Cash +€826
up €826 (+190.2%), from €435 to €1,261
mainly Tax, wage and social debts (+€31,689) and Trade debts (+€28,825)
- Profit (loss) carried forward -€57,314
down €57,314 (-150.6%), from -€38,068 to -€95,382
- Tax, wage and social debts +€31,689
up €31,689 (+137.3%), from €23,075 to €54,764
of which Remuneration and social security: +€31,689
- Trade debts +€28,825
up €28,825 (+51.3%), from €56,137 to €84,962
- Gross operating margin -€39,991
down €39,991, from €18,530 to -€21,461
- Staff costs +€5,306
up €5,306 (+19.6%), from €27,013 to €32,320
- Financial charges +€1,124
up €1,124 (+53.1%), from €2,118 to €3,242
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.
Cash bridge derived
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 | €53,292 | €55,999 | +€2,707 | +5.1% |
| Fixed assets | 21/28 | €3,246 | €3,246 | = | 0.0% |
| Financial fixed assets | 28 | €3,246 | €3,246 | = | 0.0% |
| Current assets | 29/58 | €50,046 | €52,753 | +€2,707 | +5.4% |
| Stocks and contracts in progress | 3 | €46,100 | €46,100 | = | 0.0% |
| Stocks | 30/36 | €46,100 | €46,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,511 | €5,392 | +€1,880 | +53.5% |
| Trade receivables | 40 | - | €532 | +€532 | |
| Other amounts receivable | 41 | €3,511 | €4,860 | +€1,348 | +38.4% |
| Cash at bank and in hand | 54/58 | €435 | €1,261 | +€826 | +190.2% |
| Total equity and liabilities | 10/49 | €53,292 | €55,999 | +€2,707 | +5.1% |
| Equity | 10/15 | -€31,868 | -€89,182 | -€57,314 | -179.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,068 | -€95,382 | -€57,314 | -150.6% |
| Amounts payable | 17/49 | €85,159 | €145,180 | +€60,021 | +70.5% |
| Amounts payable within one year | 42/48 | €85,159 | €145,180 | +€60,021 | +70.5% |
| Trade debts | 44 | €56,137 | €84,962 | +€28,825 | +51.3% |
| Suppliers | 440/4 | €56,137 | €84,962 | +€28,825 | +51.3% |
| Taxes, remuneration and social security | 45 | €23,075 | €54,764 | +€31,689 | +137.3% |
| Taxes | 450/3 | €117 | €117 | = | 0.0% |
| Remuneration and social security | 454/9 | €22,958 | €54,647 | +€31,689 | +138.0% |
| Other amounts payable | 47/48 | €5,948 | €5,454 | -€494 | -8.3% |
| Remuneration, social security and pensions | 62 | €27,013 | €32,320 | +€5,306 | +19.6% |
| Other operating charges | 640/8 | €283 | €291 | +€8 | +2.8% |
| Gross operating margin | 9900 | €18,530 | -€21,461 | -€39,991 | |
| Operating profit (loss) | 9901 | -€8,767 | -€54,072 | -€45,306 | -516.8% |
| Financial charges | 65/66B | €2,118 | €3,242 | +€1,124 | +53.1% |
| Recurring financial charges | 65 | €2,118 | €3,242 | +€1,124 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,884 | -€57,314 | -€46,430 | -426.6% |
| Profit (loss) for the period | 9904 | -€10,884 | -€57,314 | -€46,430 | -426.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,884 | -€57,314 | -€46,430 | -426.6% |
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 10 October 2026 via checked.be.