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SINGULARIS: 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

SINGULARIS

BE 0846.112.489
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,553
2024 · €9,215-€7,662
Equity
€178,803
2024 · €177,250+€1,553
Cash
€33,126
2024 · €254,198-€221,072
Balance sheet total
€507,193
2024 · €505,639+€1,553

Largest movements

2024 to 2025
Assets
  • Cash -€221,072

    down €221,072 (-87.0%), from €254,198 to €33,126

    mainly Current investments (-€220,000) and Receivables within one year (-€6,660)

  • Current investments +€220,000

    new in 2025: €220,000

  • Receivables within one year +€6,660

    up €6,660 (+56.3%), from €11,836 to €18,496

    of which Other amounts receivable: +€11,686

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin -€6,860

      down €6,860 (-63.0%), from €10,887 to €4,027

    • Financial income -€1,984

      down €1,984 (-43.2%), from €4,591 to €2,607

    • Depreciation -€797

      down €797 (-19.4%), from €4,116 to €3,319

    • Other operating charges -€209

      down €209 (-10.0%), from €2,077 to €1,869

    • Taxes -€182

      new in 2025: -€182

    From the 2024 result to the 2025 result

    effect on the 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 2024 €9,215
    Gross operating margin -€6,860
    Depreciation +€797
    Other operating charges +€209
    Financial income -€1,984
    Financial charges -€5
    Taxes +€182
    Result 2025 €1,553

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations -€1,072
    Investment -€220,000
    Financing €0
    Cash 2024 €254,198
    Net result for the year +€1,553
    Depreciation +€3,319
    Receivables within one year -€6,660
    Deferred charges and accrued income +€716
    Current investments -€220,000
    Cash 2025 €33,126
    Every line side by side 33 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €505,639 €507,193 +€1,553 +0.3%
    Fixed assets 21/28 €42,733 €39,414 -€3,319 -7.8%
    Tangible fixed assets 22/27 €42,733 €39,414 -€3,319 -7.8%
    Land and buildings 22 €40,344 €38,140 -€2,204 -5.5%
    Furniture and vehicles 24 €2,389 €1,274 -€1,115 -46.7%
    Current assets 29/58 €462,906 €467,779 +€4,872 +1.1%
    Stocks and contracts in progress 3 €195,857 €195,857 = 0.0%
    Stocks 30/36 €195,857 €195,857 = 0.0%
    Amounts receivable within one year 40/41 €11,836 €18,496 +€6,660 +56.3%
    Trade receivables 40 €7,000 €1,974 -€5,026 -71.8%
    Other amounts receivable 41 €4,836 €16,522 +€11,686 +241.6%
    Current investments 50/53 - €220,000 +€220,000
    Cash at bank and in hand 54/58 €254,198 €33,126 -€221,072 -87.0%
    Deferred charges and accrued income 490/1 €1,015 €299 -€716 -70.5%
    Total equity and liabilities 10/49 €505,639 €507,193 +€1,553 +0.3%
    Equity 10/15 €177,250 €178,803 +€1,553 +0.9%
    Contributions 10/11 €268,600 €268,600 = 0.0%
    Profit (loss) carried forward 14 -€91,350 -€89,797 +€1,553 +1.7%
    Amounts payable 17/49 €328,390 €328,390 = 0.0%
    Amounts payable after more than one year 17 €328,390 €328,390 = 0.0%
    Other amounts payable 178/9 €328,390 €328,390 = 0.0%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,116 €3,319 -€797 -19.4%
    Other operating charges 640/8 €2,077 €1,869 -€209 -10.0%
    Gross operating margin 9900 €10,887 €4,027 -€6,860 -63.0%
    Operating profit (loss) 9901 €4,694 -€1,161 -€5,855
    Financial income 75/76B €4,591 €2,607 -€1,984 -43.2%
    Recurring financial income 75 €4,591 €2,607 -€1,984 -43.2%
    Financial charges 65/66B €70 €75 +€5 +7.2%
    Recurring financial charges 65 €70 €75 +€5 +7.2%
    Profit (loss) for the period before taxes 9903 €9,215 €1,371 -€7,844 -85.1%
    Income taxes 67/77 - -€182 -€182
    Profit (loss) for the period 9904 €9,215 €1,553 -€7,662 -83.1%
    Profit (loss) for the period to be appropriated 9905 €9,215 €1,553 -€7,662 -83.1%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.