SINISSCO: 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.
SINISSCO
Largest movements
- Receivables within one year -€10,106
down €10,106 (-16.9%), from €59,711 to €49,605
of which Trade receivables: -€9,516
- Deferred charges and accrued income +€9,852
up €9,852 (+1261.6%), from €781 to €10,633
- Tangible fixed assets -€4,228
down €4,228 (-39.5%), from €10,690 to €6,462
- Cash -€1,371
down €1,371 (-25.3%), from €5,424 to €4,053
mainly Deferred charges and accrued income (-€9,852) and Tax, wage and social debts (-€2,934)
- Tax, wage and social debts -€2,934
down €2,934 (-39.4%), from €7,453 to €4,519
of which Taxes: -€6,069
- Current portion of long-term debt -€2,167
no longer reported in 2025 (was €2,167)
- Trade debts -€1,683
down €1,683 (-14.0%), from €12,021 to €10,339
- Profit (loss) carried forward +€930
up €930 (+1.8%), from €50,701 to €51,631
- Gross operating margin -€35,117
down €35,117 (-41.4%), from €84,745 to €49,627
- Staff costs -€8,057
down €8,057 (-15.6%), from €51,662 to €43,605
- Taxes -€6,834
down €6,834 (-94.8%), from €7,206 to €371
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 | €76,844 | €70,991 | -€5,853 | -7.6% |
| Fixed assets | 21/28 | €10,929 | €6,701 | -€4,228 | -38.7% |
| Tangible fixed assets | 22/27 | €10,690 | €6,462 | -€4,228 | -39.5% |
| Furniture and vehicles | 24 | €10,690 | €6,462 | -€4,228 | -39.5% |
| Financial fixed assets | 28 | €238 | €238 | = | 0.0% |
| Current assets | 29/58 | €65,916 | €64,290 | -€1,625 | -2.5% |
| Amounts receivable within one year | 40/41 | €59,711 | €49,605 | -€10,106 | -16.9% |
| Trade receivables | 40 | €50,191 | €40,676 | -€9,516 | -19.0% |
| Other amounts receivable | 41 | €9,520 | €8,929 | -€590 | -6.2% |
| Cash at bank and in hand | 54/58 | €5,424 | €4,053 | -€1,371 | -25.3% |
| Deferred charges and accrued income | 490/1 | €781 | €10,633 | +€9,852 | +1261.6% |
| Total equity and liabilities | 10/49 | €76,844 | €70,991 | -€5,853 | -7.6% |
| Equity | 10/15 | €53,701 | €54,631 | +€930 | +1.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,701 | €51,631 | +€930 | +1.8% |
| Amounts payable | 17/49 | €23,144 | €16,360 | -€6,783 | -29.3% |
| Amounts payable within one year | 42/48 | €23,144 | €16,360 | -€6,783 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €2,167 | - | -€2,167 | |
| Trade debts | 44 | €12,021 | €10,339 | -€1,683 | -14.0% |
| Suppliers | 440/4 | €12,021 | €10,339 | -€1,683 | -14.0% |
| Taxes, remuneration and social security | 45 | €7,453 | €4,519 | -€2,934 | -39.4% |
| Taxes | 450/3 | €7,435 | €1,366 | -€6,069 | -81.6% |
| Remuneration and social security | 454/9 | €18 | €3,154 | +€3,135 | +17160.6% |
| Other amounts payable | 47/48 | €1,502 | €1,502 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €51,662 | €43,605 | -€8,057 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,767 | €4,228 | +€460 | +12.2% |
| Other operating charges | 640/8 | €670 | €295 | -€375 | -56.0% |
| Gross operating margin | 9900 | €84,745 | €49,627 | -€35,117 | -41.4% |
| Operating profit (loss) | 9901 | €28,645 | €1,499 | -€27,146 | -94.8% |
| Financial charges | 65/66B | €213 | €198 | -€15 | -6.9% |
| Recurring financial charges | 65 | €213 | €198 | -€15 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €28,432 | €1,302 | -€27,131 | -95.4% |
| Income taxes | 67/77 | €7,206 | €371 | -€6,834 | -94.8% |
| Profit (loss) for the period | 9904 | €21,227 | €930 | -€20,296 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,227 | €930 | -€20,296 | -95.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.