SINGIE: 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.
What changed
SINGIE
NACE 73.300, Public relations and communication consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€15,086
2023 · €20,019-€4,933
Equity
€1.5m
2023 · €1.4m+€15,086
Cash
€6,587
2023 · €7,893-€1,307
Balance sheet total
€5.8m
2023 · €5.2m+€622,806
Largest movements
Assets
- Tangible fixed assets +€522,022
up €522,022 (+12.4%), from €4.2m to €4.7m
Equity and liabilities
- Debts after one year +€487,873
up €487,873 (+14.7%), from €3.3m to €3.8m
of which Other amounts payable: +€280,135
- Other debts +€99,000
up €99,000 (+139.5%), from €70,955 to €169,955
Income statement
- Gross operating margin +€21,054
up €21,054 (+8.3%), from €253,283 to €274,337
- Depreciation +€11,617
up €11,617 (+7.8%), from €148,414 to €160,031
- Financial charges +€9,606
up €9,606 (+18.4%), from €52,200 to €61,806
- Other operating charges +€6,150
up €6,150 (+35.3%), from €17,430 to €23,580
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.
Result 2023
€20,019
Gross operating margin
+€21,054
Depreciation
-€11,617
Other operating charges
-€6,150
Financial charges
-€9,606
Taxes
+€1,387
Result 2024
€15,086
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.
From operations
+€226,269
Investment
-€732,053
Financing
+€504,478
Cash 2023
€7,893
From operations (derived)
+€226,269
Net result for the year
+€15,086
Depreciation
+€160,031
Receivables within one year
-€52,090
Provisions
-€694
Trade debts
-€2,392
Tax, wage and social debts
+€5,072
Other debts
+€99,000
Accrued charges and deferred income
+€2,255
Investment (derived)
-€732,053
Investment in fixed assets (net)
-€732,053
Financing
+€504,478
Debts after one year
+€487,873
Current portion of long-term debt
+€25,132
Short-term financial debts
-€8,528
Cash 2024
€6,587
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,198,681 | €5,821,487 | +€622,806 | +12.0% |
| Fixed assets | 21/28 | €5,190,549 | €5,762,571 | +€572,022 | +11.0% |
| Intangible fixed assets | 21 | €43,304 | €93,304 | +€50,000 | +115.5% |
| Tangible fixed assets | 22/27 | €4,221,141 | €4,743,163 | +€522,022 | +12.4% |
| Land and buildings | 22 | €4,221,141 | €4,743,163 | +€522,022 | +12.4% |
| Financial fixed assets | 28 | €926,104 | €926,104 | = | 0.0% |
| Current assets | 29/58 | €8,133 | €58,916 | +€50,784 | +624.4% |
| Amounts receivable within one year | 40/41 | - | €52,090 | +€52,090 | |
| Trade receivables | 40 | - | €52,090 | +€52,090 | |
| Cash at bank and in hand | 54/58 | €7,893 | €6,587 | -€1,307 | -16.6% |
| Deferred charges and accrued income | 490/1 | €240 | €240 | = | 0.0% |
| Total equity and liabilities | 10/49 | €5,198,681 | €5,821,487 | +€622,806 | +12.0% |
| Equity | 10/15 | €1,441,858 | €1,456,944 | +€15,086 | +1.0% |
| Contributions | 10/11 | €231,500 | €231,500 | = | 0.0% |
| Capital | 10 | €231,500 | €231,500 | = | 0.0% |
| Issued capital | 100 | €231,500 | €231,500 | = | 0.0% |
| Revaluation surpluses | 12 | €950,975 | €928,975 | -€22,000 | -2.3% |
| Reserves | 13 | €204,448 | €227,249 | +€22,802 | +11.2% |
| Non-distributable reserves | 130/1 | €15,500 | €18,000 | +€2,500 | +16.1% |
| Legal reserve | 130 | €15,500 | €18,000 | +€2,500 | +16.1% |
| Tax-exempt reserves | 132 | €47,923 | €46,225 | -€1,698 | -3.5% |
| Distributable reserves | 133 | €141,025 | €163,025 | +€22,000 | +15.6% |
| Profit (loss) carried forward | 14 | €54,935 | €69,219 | +€14,284 | +26.0% |
| Provisions and deferred taxes | 16 | €19,574 | €18,881 | -€694 | -3.5% |
| Deferred taxes | 168 | €19,574 | €18,881 | -€694 | -3.5% |
| Amounts payable | 17/49 | €3,737,249 | €4,345,663 | +€608,414 | +16.3% |
| Amounts payable after more than one year | 17 | €3,317,908 | €3,805,781 | +€487,873 | +14.7% |
| Financial debts | 170/4 | €2,203,868 | €2,411,605 | +€207,738 | +9.4% |
| Other amounts payable | 178/9 | €1,114,040 | €1,394,175 | +€280,135 | +25.1% |
| Amounts payable within one year | 42/48 | €409,635 | €527,920 | +€118,285 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €289,581 | €314,714 | +€25,132 | +8.7% |
| Financial debts | 43 | €8,528 | - | -€8,528 | |
| Credit institutions | 430/8 | €8,528 | - | -€8,528 | |
| Trade debts | 44 | €15,152 | €12,760 | -€2,392 | -15.8% |
| Suppliers | 440/4 | €15,152 | €12,760 | -€2,392 | -15.8% |
| Taxes, remuneration and social security | 45 | €25,419 | €30,491 | +€5,072 | +20.0% |
| Taxes | 450/3 | €25,419 | €30,491 | +€5,072 | +20.0% |
| Other amounts payable | 47/48 | €70,955 | €169,955 | +€99,000 | +139.5% |
| Accrued charges and deferred income | 492/3 | €9,707 | €11,962 | +€2,255 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,414 | €160,031 | +€11,617 | +7.8% |
| Other operating charges | 640/8 | €17,430 | €23,580 | +€6,150 | +35.3% |
| Gross operating margin | 9900 | €253,283 | €274,337 | +€21,054 | +8.3% |
| Operating profit (loss) | 9901 | €87,439 | €90,726 | +€3,287 | +3.8% |
| Financial charges | 65/66B | €52,200 | €61,806 | +€9,606 | +18.4% |
| Recurring financial charges | 65 | €52,200 | €61,806 | +€9,606 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €35,239 | €28,920 | -€6,319 | -17.9% |
| Transfer from deferred taxes | 780 | €694 | €694 | = | 0.0% |
| Income taxes | 67/77 | €15,914 | €14,527 | -€1,387 | -8.7% |
| Profit (loss) for the period | 9904 | €20,019 | €15,086 | -€4,933 | -24.6% |
| Transfer from tax-exempt reserves | 789 | €1,698 | €1,698 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,717 | €16,784 | -€4,933 | -22.7% |
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 29 September 2026 via checked.be.