SINIFISC: 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.
SINIFISC
Largest movements
- Cash +€32,495
up €32,495 (+262.2%), from €12,394 to €44,889
mainly Net result for the year (+€107,588) and Current portion of long-term debt (+€38,974)
- Receivables within one year -€7,370
down €7,370 (-12.5%), from €58,936 to €51,566
of which Trade receivables: -€10,318
- Tangible fixed assets -€7,362
down €7,362 (-29.6%), from €24,912 to €17,550
- Current portion of long-term debt +€38,974
up €38,974 (+507.3%), from €7,682 to €46,656
- Profit (loss) carried forward -€17,893
down €17,893 (-26.1%), from €68,481 to €50,588
- Tax, wage and social debts -€15,138
down €15,138 (-41.8%), from €36,196 to €21,058
of which Taxes: -€14,918
- Other debts +€10,920
new in 2025: €10,920
- Advances received +€5,000
new in 2025: €5,000
- Financial income +€49,991
up €49,991 (+249955.0%), from €20 to €50,011
- Gross operating margin +€34,043
up €34,043 (+57.8%), from €58,910 to €92,953
- Taxes +€7,580
up €7,580 (+54.7%), from €13,854 to €21,434
- Other operating charges +€1,194
up €1,194 (+132.8%), from €899 to €2,093
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 | €121,470 | €139,239 | +€17,769 | +14.6% |
| Fixed assets | 21/28 | €50,062 | €42,700 | -€7,362 | -14.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €24,912 | €17,550 | -€7,362 | -29.6% |
| Other tangible fixed assets | 26 | €24,912 | €17,550 | -€7,362 | -29.6% |
| Financial fixed assets | 28 | €25,150 | €25,150 | = | 0.0% |
| Current assets | 29/58 | €71,408 | €96,539 | +€25,131 | +35.2% |
| Amounts receivable within one year | 40/41 | €58,936 | €51,566 | -€7,370 | -12.5% |
| Trade receivables | 40 | €10,318 | - | -€10,318 | |
| Other amounts receivable | 41 | €48,618 | €51,566 | +€2,948 | +6.1% |
| Cash at bank and in hand | 54/58 | €12,394 | €44,889 | +€32,495 | +262.2% |
| Deferred charges and accrued income | 490/1 | €78 | €84 | +€6 | +7.7% |
| Total equity and liabilities | 10/49 | €121,470 | €139,239 | +€17,769 | +14.6% |
| Equity | 10/15 | €70,481 | €52,588 | -€17,893 | -25.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,481 | €50,588 | -€17,893 | -26.1% |
| Amounts payable | 17/49 | €50,989 | €86,651 | +€35,662 | +69.9% |
| Amounts payable after more than one year | 17 | €6,351 | €2,694 | -€3,657 | -57.6% |
| Financial debts | 170/4 | €6,351 | €2,694 | -€3,657 | -57.6% |
| Amounts payable within one year | 42/48 | €44,638 | €83,957 | +€39,319 | +88.1% |
| Current portion of amounts payable after more than one year | 42 | €7,682 | €46,656 | +€38,974 | +507.3% |
| Trade debts | 44 | €760 | €323 | -€437 | -57.5% |
| Suppliers | 440/4 | €760 | €323 | -€437 | -57.5% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €36,196 | €21,058 | -€15,138 | -41.8% |
| Taxes | 450/3 | €35,976 | €21,058 | -€14,918 | -41.5% |
| Remuneration and social security | 454/9 | €220 | - | -€220 | |
| Other amounts payable | 47/48 | - | €10,920 | +€10,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,051 | €7,362 | +€311 | +4.4% |
| Other operating charges | 640/8 | €899 | €2,093 | +€1,194 | +132.8% |
| Gross operating margin | 9900 | €58,910 | €92,953 | +€34,043 | +57.8% |
| Operating profit (loss) | 9901 | €50,960 | €83,498 | +€32,538 | +63.9% |
| Financial income | 75/76B | €20 | €50,011 | +€49,991 | +249955.0% |
| Recurring financial income | 75 | €20 | €50,011 | +€49,991 | +249955.0% |
| Financial charges | 65/66B | €5,399 | €4,487 | -€912 | -16.9% |
| Recurring financial charges | 65 | €5,399 | €4,487 | -€912 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €45,581 | €129,022 | +€83,441 | +183.1% |
| Income taxes | 67/77 | €13,854 | €21,434 | +€7,580 | +54.7% |
| Profit (loss) for the period | 9904 | €31,727 | €107,588 | +€75,861 | +239.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,727 | €107,588 | +€75,861 | +239.1% |
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 4 October 2026 via checked.be.