SINIBALDO: 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.
SINIBALDO
Largest movements
- Receivables within one year -€93,128
down €93,128 (-43.5%), from €213,987 to €120,859
of which Trade receivables: -€67,815
- Deferred charges and accrued income +€81,677
up €81,677 (+1108.7%), from €7,367 to €89,043
- Cash +€78,197
up €78,197 (+140.2%), from €55,785 to €133,982
mainly Net result for the year (+€138,922) and Receivables within one year (+€93,128)
- Tangible fixed assets +€11,172
up €11,172 (+5.0%), from €225,262 to €236,435
of which Plant, machinery and equipment: +€12,702
- Profit (loss) carried forward +€138,922
up €138,922 (+391.8%), from €35,456 to €174,378
- Tax, wage and social debts -€74,385
down €74,385 (-40.1%), from €185,651 to €111,266
of which Remuneration and social security: -€56,691
- Trade debts +€38,417
up €38,417 (+30.2%), from €127,208 to €165,625
- Other debts -€15,047
down €15,047 (-48.4%), from €31,096 to €16,049
- Current portion of long-term debt -€12,379
down €12,379 (-13.8%), from €89,934 to €77,555
- Gross operating margin +€369,081
up €369,081 (+36.6%), from €1.0m to €1.4m
- Staff costs +€127,796
up €127,796 (+14.3%), from €895,958 to €1.0m
- Taxes +€56,985
up €56,985 (+854.7%), from €6,668 to €63,653
- Other operating charges +€46,468
up €46,468 (+322.6%), from €14,406 to €60,875
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 | €571,345 | €646,873 | +€75,528 | +13.2% |
| Fixed assets | 21/28 | €261,604 | €272,776 | +€11,172 | +4.3% |
| Tangible fixed assets | 22/27 | €225,262 | €236,435 | +€11,172 | +5.0% |
| Land and buildings | 22 | €139,447 | €137,149 | -€2,298 | -1.6% |
| Plant, machinery and equipment | 23 | €66,891 | €79,592 | +€12,702 | +19.0% |
| Furniture and vehicles | 24 | €18,925 | €19,693 | +€769 | +4.1% |
| Financial fixed assets | 28 | €36,342 | €36,342 | = | 0.0% |
| Current assets | 29/58 | €309,741 | €374,096 | +€64,355 | +20.8% |
| Stocks and contracts in progress | 3 | €32,603 | €30,212 | -€2,391 | -7.3% |
| Stocks | 30/36 | €32,603 | €30,212 | -€2,391 | -7.3% |
| Amounts receivable within one year | 40/41 | €213,987 | €120,859 | -€93,128 | -43.5% |
| Trade receivables | 40 | €94,796 | €26,981 | -€67,815 | -71.5% |
| Other amounts receivable | 41 | €119,191 | €93,878 | -€25,313 | -21.2% |
| Cash at bank and in hand | 54/58 | €55,785 | €133,982 | +€78,197 | +140.2% |
| Deferred charges and accrued income | 490/1 | €7,367 | €89,043 | +€81,677 | +1108.7% |
| Total equity and liabilities | 10/49 | €571,345 | €646,873 | +€75,528 | +13.2% |
| Equity | 10/15 | €137,456 | €276,378 | +€138,922 | +101.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €82,000 | €82,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,456 | €174,378 | +€138,922 | +391.8% |
| Amounts payable | 17/49 | €433,889 | €370,495 | -€63,394 | -14.6% |
| Amounts payable within one year | 42/48 | €433,889 | €370,495 | -€63,394 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €89,934 | €77,555 | -€12,379 | -13.8% |
| Trade debts | 44 | €127,208 | €165,625 | +€38,417 | +30.2% |
| Suppliers | 440/4 | €127,208 | €165,625 | +€38,417 | +30.2% |
| Taxes, remuneration and social security | 45 | €185,651 | €111,266 | -€74,385 | -40.1% |
| Taxes | 450/3 | €51,140 | €33,446 | -€17,694 | -34.6% |
| Remuneration and social security | 454/9 | €134,511 | €77,820 | -€56,691 | -42.1% |
| Other amounts payable | 47/48 | €31,096 | €16,049 | -€15,047 | -48.4% |
| Remuneration, social security and pensions | 62 | €895,958 | €1,023,754 | +€127,796 | +14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,208 | €54,653 | +€6,445 | +13.4% |
| Other operating charges | 640/8 | €14,406 | €60,875 | +€46,468 | +322.6% |
| Gross operating margin | 9900 | €1,007,468 | €1,376,550 | +€369,081 | +36.6% |
| Operating profit (loss) | 9901 | €48,895 | €237,268 | +€188,373 | +385.3% |
| Financial income | 75/76B | €21 | €62 | +€40 | +187.5% |
| Recurring financial income | 75 | €21 | €62 | +€40 | +187.5% |
| Financial charges | 65/66B | €31,664 | €34,755 | +€3,091 | +9.8% |
| Recurring financial charges | 65 | €31,664 | €34,755 | +€3,091 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €17,253 | €202,575 | +€185,322 | +1074.2% |
| Income taxes | 67/77 | €6,668 | €63,653 | +€56,985 | +854.7% |
| Profit (loss) for the period | 9904 | €10,585 | €138,922 | +€128,337 | +1212.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,585 | €138,922 | +€128,337 | +1212.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.