Sinnfoort: 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.
Sinnfoort
Largest movements
- Cash +€341,871
up €341,871 (+538%), from €63,519 to €405,390
mainly Investment in fixed assets (net) (+€220,000) and Receivables within one year (+€197,208)
- Tangible fixed assets -€229,260
down €229,260 (-79.0%), from €290,252 to €60,992
of which Plant, machinery and equipment: -€221,663
- Receivables within one year -€197,208
down €197,208 (-12.3%), from €1.6m to €1.4m
of which Other amounts receivable: -€137,059
- Profit (loss) carried forward -€131,965
down €131,965 (-7.5%), from €1.8m to €1.6m
- Other debts +€51,014
up €51,014 (+34.0%), from €150,048 to €201,062
- Gross operating margin +€151,905
up €151,905, from -€129,308 to €22,597
- Financial income +€27,820
up €27,820 (+69.3%), from €40,151 to €67,971
- Other operating charges +€5,884
up €5,884 (+212%), from €2,775 to €8,659
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.
Derived cash bridge
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 | €2,319,699 | €2,235,105 | -€84,595 | -3.6% |
| Fixed assets | 21/28 | €392,072 | €161,515 | -€230,557 | -58.8% |
| Intangible fixed assets | 21 | €1,820 | €523 | -€1,297 | -71.3% |
| Tangible fixed assets | 22/27 | €290,252 | €60,992 | -€229,260 | -79.0% |
| Land and buildings | 22 | €8,348 | €1,263 | -€7,085 | -84.9% |
| Plant, machinery and equipment | 23 | €281,392 | €59,729 | -€221,663 | -78.8% |
| Furniture and vehicles | 24 | €512 | €0 | -€512 | -100% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €1,927,628 | €2,073,590 | +€145,962 | +7.6% |
| Stocks and contracts in progress | 3 | €17,907 | €1,170 | -€16,737 | -93.5% |
| Stocks | 30/36 | €17,907 | €1,170 | -€16,737 | -93.5% |
| Amounts receivable within one year | 40/41 | €1,600,472 | €1,403,264 | -€197,208 | -12.3% |
| Trade receivables | 40 | €60,149 | €0 | -€60,149 | -100% |
| Other amounts receivable | 41 | €1,540,324 | €1,403,264 | -€137,059 | -8.9% |
| Current investments | 50/53 | €245,729 | €263,524 | +€17,795 | +7.2% |
| Cash at bank and in hand | 54/58 | €63,519 | €405,390 | +€341,871 | +538% |
| Deferred charges and accrued income | 490/1 | €0 | €241 | +€241 | |
| Total equity and liabilities | 10/49 | €2,319,699 | €2,235,105 | -€84,595 | -3.6% |
| Equity | 10/15 | €2,157,915 | €2,025,950 | -€131,965 | -6.1% |
| Contributions | 10/11 | €143,500 | €143,500 | = | 0.0% |
| Capital | 10 | €143,500 | €143,500 | = | 0.0% |
| Issued capital | 100 | €143,500 | €143,500 | = | 0.0% |
| Reserves | 13 | €263,850 | €263,850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,350 | €14,350 | = | 0.0% |
| Legal reserve | 130 | €14,350 | €14,350 | = | 0.0% |
| Distributable reserves | 133 | €249,500 | €249,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,750,565 | €1,618,600 | -€131,965 | -7.5% |
| Amounts payable | 17/49 | €161,784 | €209,154 | +€47,370 | +29.3% |
| Amounts payable within one year | 42/48 | €161,784 | €209,154 | +€47,370 | +29.3% |
| Trade debts | 44 | €11,736 | €3,423 | -€8,314 | -70.8% |
| Suppliers | 440/4 | €11,736 | €3,423 | -€8,314 | -70.8% |
| Taxes, remuneration and social security | 45 | €0 | €4,670 | +€4,670 | |
| Taxes | 450/3 | €0 | €4,670 | +€4,670 | |
| Other amounts payable | 47/48 | €150,048 | €201,062 | +€51,014 | +34.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €437 | €0 | -€437 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,271 | €10,557 | -€715 | -6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,775 | €8,659 | +€5,884 | +212% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€129,308 | €22,597 | +€151,905 | |
| Operating profit (loss) | 9901 | -€143,791 | €3,381 | +€147,173 | |
| Financial income | 75/76B | €40,151 | €67,971 | +€27,820 | +69.3% |
| Recurring financial income | 75 | €40,151 | €67,971 | +€27,820 | +69.3% |
| Financial charges | 65/66B | €3,155 | €3,294 | +€139 | +4.4% |
| Recurring financial charges | 65 | €3,155 | €3,294 | +€139 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€106,796 | €68,057 | +€174,853 | |
| Income taxes | 67/77 | -€611 | €22 | +€633 | |
| Profit (loss) for the period | 9904 | -€106,185 | €68,035 | +€174,220 | |
| Profit (loss) for the period to be appropriated | 9905 | -€106,185 | €68,035 | +€174,220 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.