SINNOVA: 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.
SINNOVA
Largest movements
- Cash -€55,349
down €55,349 (-73.9%), from €74,942 to €19,594
mainly Other debts (-€40,833) and Contributions, distributions and other (-€27,500)
- Deferred charges and accrued income +€21,275
up €21,275 (+1405.3%), from €1,514 to €22,789
- Receivables within one year +€20,024
up €20,024 (+118.2%), from €16,945 to €36,970
of which Other amounts receivable: +€19,483
- Tangible fixed assets +€2,613
up €2,613 (+141.7%), from €1,844 to €4,457
of which Plant, machinery and equipment: +€1,812
- Other debts -€40,833
down €40,833 (-59.8%), from €68,333 to €27,500
- Current portion of long-term debt +€14,909
new in 2025: €14,909
- Tax, wage and social debts +€8,666
up €8,666 (+122.8%), from €7,054 to €15,720
- Reserves +€5,814
up €5,814 (+312.6%), from €1,860 to €7,674
- Gross operating margin +€2,701
up €2,701 (+6.3%), from €42,871 to €45,573
- Depreciation +€509
up €509 (+62.1%), from €820 to €1,329
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 | €97,317 | €85,880 | -€11,436 | -11.8% |
| Fixed assets | 21/28 | €1,915 | €4,528 | +€2,613 | +136.4% |
| Tangible fixed assets | 22/27 | €1,844 | €4,457 | +€2,613 | +141.7% |
| Plant, machinery and equipment | 23 | - | €1,812 | +€1,812 | |
| Furniture and vehicles | 24 | €1,844 | €2,645 | +€801 | +43.4% |
| Financial fixed assets | 28 | €71 | €71 | = | 0.0% |
| Current assets | 29/58 | €95,402 | €81,353 | -€14,049 | -14.7% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,945 | €36,970 | +€20,024 | +118.2% |
| Trade receivables | 40 | €16,093 | €16,634 | +€541 | +3.4% |
| Other amounts receivable | 41 | €852 | €20,336 | +€19,483 | +2285.5% |
| Cash at bank and in hand | 54/58 | €74,942 | €19,594 | -€55,349 | -73.9% |
| Deferred charges and accrued income | 490/1 | €1,514 | €22,789 | +€21,275 | +1405.3% |
| Total equity and liabilities | 10/49 | €97,317 | €85,880 | -€11,436 | -11.8% |
| Equity | 10/15 | €20,460 | €26,274 | +€5,814 | +28.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €7,674 | +€5,814 | +312.6% |
| Distributable reserves | 133 | €1,860 | €7,674 | +€5,814 | +312.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €76,857 | €59,606 | -€17,250 | -22.4% |
| Amounts payable within one year | 42/48 | €76,705 | €59,560 | -€17,145 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | - | €14,909 | +€14,909 | |
| Trade debts | 44 | €1,318 | €1,431 | +€113 | +8.6% |
| Suppliers | 440/4 | €1,318 | €1,431 | +€113 | +8.6% |
| Taxes, remuneration and social security | 45 | €7,054 | €15,720 | +€8,666 | +122.8% |
| Taxes | 450/3 | €7,054 | €15,720 | +€8,666 | +122.8% |
| Other amounts payable | 47/48 | €68,333 | €27,500 | -€40,833 | -59.8% |
| Accrued charges and deferred income | 492/3 | €152 | €47 | -€105 | -69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €820 | €1,329 | +€509 | +62.1% |
| Other operating charges | 640/8 | €688 | €747 | +€60 | +8.7% |
| Gross operating margin | 9900 | €42,871 | €45,573 | +€2,701 | +6.3% |
| Operating profit (loss) | 9901 | €41,364 | €43,497 | +€2,133 | +5.2% |
| Financial income | 75/76B | €187 | €446 | +€259 | +138.2% |
| Recurring financial income | 75 | €187 | €446 | +€259 | +138.2% |
| Financial charges | 65/66B | €1,492 | €1,159 | -€333 | -22.3% |
| Recurring financial charges | 65 | €1,492 | €1,159 | -€333 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €40,060 | €42,784 | +€2,725 | +6.8% |
| Income taxes | 67/77 | €9,244 | €9,470 | +€226 | +2.4% |
| Profit (loss) for the period | 9904 | €30,816 | €33,314 | +€2,499 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,816 | €33,314 | +€2,499 | +8.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.