SINGITA: 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.
What changed
SINGITA
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
-€7,138
2025 · -€19,077+€11,939
Equity
€69,731
2025 · €76,869-€7,138
Cash
€8,788
2025 · €25,209-€16,421
Balance sheet total
€2.0m
2025 · €2.0m-€39,030
Largest movements
Assets
- Tangible fixed assets -€21,313
down €21,313 (-1.1%), from €2.0m to €2.0m
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial charges -€7,725
down €7,725 (-17.6%), from €43,810 to €36,086
- Gross operating margin +€3,362
up €3,362 (+6.6%), from €51,017 to €54,379
- Other operating charges -€897
down €897 (-14.3%), from €6,284 to €5,386
From the 2025 result to the 2026 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 2025
-€19,077
Gross operating margin
+€3,362
Depreciation
-€45
Other operating charges
+€897
Financial charges
+€7,725
Result 2026
-€7,138
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€838
Investment
€0
Financing
-€17,259
Cash 2025
€25,209
From operations (derived)
+€838
Net result for the year
-€7,138
Depreciation
+€21,654
Receivables within one year
+€444
Deferred charges and accrued income
+€511
Provisions
-€1,609
Trade debts
-€12
Other debts
-€13,012
Financing
-€17,259
Debts after one year
-€18,246
Current portion of long-term debt
+€987
Cash 2026
€8,788
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,002,407 | €1,963,377 | -€39,030 | -1.9% |
| Formation expenses | 20 | €341 | - | -€341 | |
| Fixed assets | 21/28 | €1,971,493 | €1,950,179 | -€21,313 | -1.1% |
| Tangible fixed assets | 22/27 | €1,971,493 | €1,950,179 | -€21,313 | -1.1% |
| Land and buildings | 22 | €1,971,493 | €1,950,179 | -€21,313 | -1.1% |
| Current assets | 29/58 | €30,573 | €13,197 | -€17,376 | -56.8% |
| Amounts receivable within one year | 40/41 | €869 | €425 | -€444 | -51.1% |
| Other amounts receivable | 41 | €869 | €425 | -€444 | -51.1% |
| Cash at bank and in hand | 54/58 | €25,209 | €8,788 | -€16,421 | -65.1% |
| Deferred charges and accrued income | 490/1 | €4,495 | €3,984 | -€511 | -11.4% |
| Total equity and liabilities | 10/49 | €2,002,407 | €1,963,377 | -€39,030 | -1.9% |
| Equity | 10/15 | €76,869 | €69,731 | -€7,138 | -9.3% |
| Contributions | 10/11 | €41,906 | €41,906 | = | 0.0% |
| Contributions outside capital | 11 | €41,906 | €41,906 | = | 0.0% |
| Other | 1109/19 | €41,906 | €41,906 | = | 0.0% |
| Reserves | 13 | €149,609 | €144,781 | -€4,828 | -3.2% |
| Non-distributable reserves | 130/1 | €586 | €586 | = | 0.0% |
| Other | 1319 | €586 | €586 | = | 0.0% |
| Tax-exempt reserves | 132 | €112,654 | €107,826 | -€4,828 | -4.3% |
| Distributable reserves | 133 | €36,370 | €36,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,646 | -€116,956 | -€2,310 | -2.0% |
| Provisions and deferred taxes | 16 | €37,551 | €35,942 | -€1,609 | -4.3% |
| Deferred taxes | 168 | €37,551 | €35,942 | -€1,609 | -4.3% |
| Amounts payable | 17/49 | €1,887,987 | €1,857,704 | -€30,283 | -1.6% |
| Amounts payable after more than one year | 17 | €1,394,556 | €1,376,310 | -€18,246 | -1.3% |
| Financial debts | 170/4 | €1,394,556 | €1,376,310 | -€18,246 | -1.3% |
| Amounts payable within one year | 42/48 | €493,431 | €481,393 | -€12,037 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €51,514 | €52,501 | +€987 | +1.9% |
| Trade debts | 44 | €8,462 | €8,450 | -€12 | -0.1% |
| Suppliers | 440/4 | €8,462 | €8,450 | -€12 | -0.1% |
| Other amounts payable | 47/48 | €433,455 | €420,443 | -€13,012 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,609 | €21,654 | +€45 | +0.2% |
| Other operating charges | 640/8 | €6,284 | €5,386 | -€897 | -14.3% |
| Gross operating margin | 9900 | €51,017 | €54,379 | +€3,362 | +6.6% |
| Operating profit (loss) | 9901 | €23,124 | €27,338 | +€4,214 | +18.2% |
| Financial charges | 65/66B | €43,810 | €36,086 | -€7,725 | -17.6% |
| Recurring financial charges | 65 | €43,810 | €36,086 | -€7,725 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,686 | -€8,747 | +€11,939 | +57.7% |
| Transfer from deferred taxes | 780 | €1,609 | €1,609 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€19,077 | -€7,138 | +€11,939 | +62.6% |
| Transfer from tax-exempt reserves | 789 | €4,828 | €4,828 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,249 | -€2,310 | +€11,939 | +83.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.