SINNEY - HEVA: 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.
SINNEY - HEVA
Largest movements
- Cash -€8,221
down €8,221 (-10.4%), from €78,723 to €70,502
mainly Net result for the year (-€11,913) and Tax, wage and social debts (-€900)
- Receivables within one year -€3,934
down €3,934 (-6.9%), from €56,751 to €52,817
of which Other amounts receivable: -€4,063
- Reserves -€11,913
down €11,913 (-13.1%), from €91,251 to €79,338
- Gross operating margin -€2,054
down €2,054 (-27.7%), from -€7,410 to -€9,464
- Financial income -€655
down €655 (-99.7%), from €656 to €2
- Depreciation -€366
down €366 (-22.4%), from €1,637 to €1,271
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 | €137,996 | €125,266 | -€12,730 | -9.2% |
| Fixed assets | 21/28 | €1,199 | €668 | -€531 | -44.3% |
| Tangible fixed assets | 22/27 | €1,199 | €668 | -€531 | -44.3% |
| Plant, machinery and equipment | 23 | €288 | - | -€288 | |
| Furniture and vehicles | 24 | €912 | €668 | -€244 | -26.8% |
| Current assets | 29/58 | €136,797 | €124,598 | -€12,199 | -8.9% |
| Amounts receivable within one year | 40/41 | €56,751 | €52,817 | -€3,934 | -6.9% |
| Trade receivables | 40 | €52,146 | €52,276 | +€130 | +0.2% |
| Other amounts receivable | 41 | €4,604 | €541 | -€4,063 | -88.2% |
| Cash at bank and in hand | 54/58 | €78,723 | €70,502 | -€8,221 | -10.4% |
| Deferred charges and accrued income | 490/1 | €1,323 | €1,279 | -€44 | -3.3% |
| Total equity and liabilities | 10/49 | €137,996 | €125,266 | -€12,730 | -9.2% |
| Equity | 10/15 | €103,651 | €91,738 | -€11,913 | -11.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €91,251 | €79,338 | -€11,913 | -13.1% |
| Distributable reserves | 133 | €91,251 | €79,338 | -€11,913 | -13.1% |
| Amounts payable | 17/49 | €34,346 | €33,528 | -€818 | -2.4% |
| Amounts payable within one year | 42/48 | €34,346 | €33,528 | -€818 | -2.4% |
| Trade debts | 44 | €96 | €779 | +€682 | +709.4% |
| Suppliers | 440/4 | €96 | €779 | +€682 | +709.4% |
| Taxes, remuneration and social security | 45 | €900 | - | -€900 | |
| Taxes | 450/3 | €900 | - | -€900 | |
| Other amounts payable | 47/48 | €33,349 | €32,749 | -€600 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,637 | €1,271 | -€366 | -22.4% |
| Other operating charges | 640/8 | €788 | €852 | +€64 | +8.1% |
| Gross operating margin | 9900 | -€7,410 | -€9,464 | -€2,054 | -27.7% |
| Operating profit (loss) | 9901 | -€9,834 | -€11,587 | -€1,753 | -17.8% |
| Financial income | 75/76B | €656 | €2 | -€655 | -99.7% |
| Recurring financial income | 75 | €656 | €2 | -€655 | -99.7% |
| Financial charges | 65/66B | €349 | €327 | -€21 | -6.2% |
| Recurring financial charges | 65 | €349 | €327 | -€21 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,527 | -€11,913 | -€2,386 | -25.0% |
| Profit (loss) for the period | 9904 | -€9,527 | -€11,913 | -€2,386 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,527 | -€11,913 | -€2,386 | -25.0% |
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 8 October 2026 via checked.be.