SINGHTOP: what changed
Two fiscal 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.
SINGHTOP
Largest movements
- Stocks and contracts +€97,903
up €97,903 (+274.4%), from €35,684 to €133,587
- Deferred charges and accrued income -€22,290
no longer reported in 2024 (was €22,290)
- Other debts +€71,421
new in 2024: €71,421
- Trade debts -€52,213
no longer reported in 2024 (was €52,213)
- Tax, wage and social debts +€49,512
new in 2024: €49,512
- Profit (loss) carried forward +€7,138
up €7,138 (+85.3%), from €8,365 to €15,503
- Purchases and services -€110,757
down €110,757 (-26.5%), from €417,943 to €307,186
- Turnover -€106,668
down €106,668 (-24.6%), from €434,449 to €327,781
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,579 | €139,437 | +€75,858 | +119.3% |
| Current assets | 29/58 | €63,579 | €139,437 | +€75,858 | +119.3% |
| Stocks and contracts in progress | 3 | €35,684 | €133,587 | +€97,903 | +274.4% |
| Stocks | 30/36 | €35,684 | €133,587 | +€97,903 | +274.4% |
| Amounts receivable within one year | 40/41 | €1,734 | €1,794 | +€60 | +3.5% |
| Other amounts receivable | 41 | €1,734 | €1,794 | +€60 | +3.5% |
| Cash at bank and in hand | 54/58 | €3,871 | €4,056 | +€185 | +4.8% |
| Deferred charges and accrued income | 490/1 | €22,290 | - | -€22,290 | |
| Total equity and liabilities | 10/49 | €63,579 | €139,437 | +€75,858 | +119.3% |
| Equity | 10/15 | €11,365 | €18,503 | +€7,138 | +62.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,365 | €15,503 | +€7,138 | +85.3% |
| Amounts payable | 17/49 | €52,213 | €120,934 | +€68,720 | +131.6% |
| Amounts payable within one year | 42/48 | €52,213 | €120,934 | +€68,720 | +131.6% |
| Trade debts | 44 | €52,213 | - | -€52,213 | |
| Suppliers | 440/4 | €52,213 | - | -€52,213 | |
| Taxes, remuneration and social security | 45 | - | €49,512 | +€49,512 | |
| Remuneration and social security | 454/9 | - | €49,512 | +€49,512 | |
| Other amounts payable | 47/48 | - | €71,421 | +€71,421 | |
| Turnover | 70 | €434,449 | €327,781 | -€106,668 | -24.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €417,943 | €307,186 | -€110,757 | -26.5% |
| Remuneration, social security and pensions | 62 | €9,958 | €13,293 | +€3,336 | +33.5% |
| Other operating charges | 640/8 | €630 | €170 | -€460 | -73.0% |
| Gross operating margin | 9900 | €16,512 | €20,597 | +€4,085 | +24.7% |
| Operating profit (loss) | 9901 | €5,925 | €7,134 | +€1,209 | +20.4% |
| Financial charges | 65/66B | €94 | €143 | +€49 | +52.4% |
| Recurring financial charges | 65 | €94 | €143 | +€49 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | €5,831 | €6,991 | +€1,160 | +19.9% |
| Profit (loss) for the period | 9904 | €5,831 | €6,991 | +€1,160 | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,831 | €6,991 | +€1,160 | +19.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.