SINIO: 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
SINIO
NACE 69.203, Activities of company auditors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€532,233
2024 · €561,613-€29,380
Equity
€441,414
2024 · €443,214-€1,800
Cash
€683,872
2024 · €294,781+€389,091
Balance sheet total
€2.0m
2024 · €2.1m-€21,337
Largest movements
Assets
- Current investments -€496,579
down €496,579 (-57.0%), from €871,390 to €374,810
- Cash +€389,091
up €389,091 (+132.0%), from €294,781 to €683,872
mainly Net result for the year (+€532,233) and Current investments (+€496,579)
- Receivables within one year +€105,904
up €105,904 (+12.8%), from €824,579 to €930,483
of which Trade receivables: +€96,972
Equity and liabilities
- Tax, wage and social debts -€41,785
down €41,785 (-19.6%), from €212,758 to €170,973
of which Taxes: -€38,203
- Trade debts +€37,532
up €37,532 (+4.4%), from €846,522 to €884,054
Income statement
- Gross operating margin -€61,235
down €61,235 (-3.8%), from €1.6m to €1.6m
- Staff costs -€30,634
down €30,634 (-3.1%), from €986,294 to €955,660
- Financial charges +€18,031
up €18,031, from -€8,074 to €9,957
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.
Result 2024
€561,613
Gross operating margin
-€61,235
Staff costs
+€30,634
Depreciation
+€1,842
Write-downs
+€1,542
Other operating charges
-€673
Financial income
+€11,920
Financial charges
-€18,031
Taxes
-€257
Deferred taxes and other
+€4,877
Result 2025
€532,233
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.
From operations
+€427,601
Investment
+€495,522
Financing
-€534,033
Cash 2024
€294,781
From operations (derived)
+€427,601
Net result for the year
+€532,233
Depreciation
+€18,549
Receivables within one year
-€105,904
Deferred charges and accrued income
+€2,261
Provisions
-€905
Trade debts
+€37,532
Tax, wage and social debts
-€41,785
Other debts
-€14,380
Investment (derived)
+€495,522
Investment in fixed assets (net)
-€1,058
Current investments
+€496,579
Financing
-€534,033
Contributions, distributions and other
-€534,033
Cash 2025
€683,872
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,058,991 | €2,037,653 | -€21,337 | -1.0% |
| Fixed assets | 21/28 | €64,174 | €46,683 | -€17,492 | -27.3% |
| Tangible fixed assets | 22/27 | €61,201 | €43,709 | -€17,492 | -28.6% |
| Furniture and vehicles | 24 | €61,201 | €43,709 | -€17,492 | -28.6% |
| Financial fixed assets | 28 | €2,974 | €2,974 | = | 0.0% |
| Current assets | 29/58 | €1,994,817 | €1,990,971 | -€3,846 | -0.2% |
| Amounts receivable within one year | 40/41 | €824,579 | €930,483 | +€105,904 | +12.8% |
| Trade receivables | 40 | €777,585 | €874,557 | +€96,972 | +12.5% |
| Other amounts receivable | 41 | €46,994 | €55,927 | +€8,932 | +19.0% |
| Current investments | 50/53 | €871,390 | €374,810 | -€496,579 | -57.0% |
| Cash at bank and in hand | 54/58 | €294,781 | €683,872 | +€389,091 | +132.0% |
| Deferred charges and accrued income | 490/1 | €4,067 | €1,806 | -€2,261 | -55.6% |
| Total equity and liabilities | 10/49 | €2,058,991 | €2,037,653 | -€21,337 | -1.0% |
| Equity | 10/15 | €443,214 | €441,414 | -€1,800 | -0.4% |
| Contributions | 10/11 | €211,962 | €211,962 | = | 0.0% |
| Reserves | 13 | €165,691 | €162,976 | -€2,715 | -1.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €19,816 | €17,101 | -€2,715 | -13.7% |
| Distributable reserves | 133 | €145,875 | €145,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,562 | €66,477 | +€915 | +1.4% |
| Provisions and deferred taxes | 16 | €3,972 | €3,067 | -€905 | -22.8% |
| Deferred taxes | 168 | €3,972 | €3,067 | -€905 | -22.8% |
| Amounts payable | 17/49 | €1,611,805 | €1,593,172 | -€18,633 | -1.2% |
| Amounts payable within one year | 42/48 | €1,611,805 | €1,593,172 | -€18,633 | -1.2% |
| Trade debts | 44 | €846,522 | €884,054 | +€37,532 | +4.4% |
| Suppliers | 440/4 | €846,522 | €884,054 | +€37,532 | +4.4% |
| Advances received on contracts in progress | 46 | €1,815 | €1,815 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €212,758 | €170,973 | -€41,785 | -19.6% |
| Taxes | 450/3 | €63,758 | €25,554 | -€38,203 | -59.9% |
| Remuneration and social security | 454/9 | €149,000 | €145,418 | -€3,581 | -2.4% |
| Other amounts payable | 47/48 | €550,710 | €536,330 | -€14,380 | -2.6% |
| Remuneration, social security and pensions | 62 | €986,294 | €955,660 | -€30,634 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,391 | €18,549 | -€1,842 | -9.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €50,126 | €48,583 | -€1,542 | -3.1% |
| Other operating charges | 640/8 | €2,002 | €2,675 | +€673 | +33.6% |
| Gross operating margin | 9900 | €1,632,692 | €1,571,458 | -€61,235 | -3.8% |
| Operating profit (loss) | 9901 | €573,879 | €545,990 | -€27,889 | -4.9% |
| Financial income | 75/76B | €20,856 | €32,776 | +€11,920 | +57.2% |
| Recurring financial income | 75 | €20,856 | €32,776 | +€11,920 | +57.2% |
| Financial charges | 65/66B | -€8,074 | €9,957 | +€18,031 | |
| Recurring financial charges | 65 | -€8,074 | €9,957 | +€18,031 | |
| Profit (loss) for the period before taxes | 9903 | €602,809 | €568,809 | -€34,000 | -5.6% |
| Transfer from deferred taxes | 780 | €553 | €905 | +€352 | +63.7% |
| Transfer to deferred taxes | 680 | €4,525 | €0 | -€4,525 | -100.0% |
| Income taxes | 67/77 | €37,224 | €37,482 | +€257 | +0.7% |
| Profit (loss) for the period | 9904 | €561,613 | €532,233 | -€29,380 | -5.2% |
| Transfer from tax-exempt reserves | 789 | €1,659 | €2,715 | +€1,056 | +63.7% |
| Transfer to tax-exempt reserves | 689 | €13,575 | €0 | -€13,575 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €549,697 | €534,948 | -€14,750 | -2.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.