SINOBOX: 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.
SINOBOX
Largest movements
- Receivables within one year -€5,036
down €5,036 (-39.8%), from €12,651 to €7,615
of which Trade receivables: -€4,095
- Intangible fixed assets +€2,442
new in 2025: €2,442
- Debts after one year -€26,696
no longer reported in 2025 (was €26,696)
- Other debts +€22,329
new in 2025: €22,329
- Profit (loss) carried forward +€4,900
up €4,900 (+56.8%), from €8,632 to €13,532
- Tax, wage and social debts -€2,104
no longer reported in 2025 (was €2,104)
- Write-downs -€1,738
down €1,738 (-96.0%), from €1,810 to €72
- Gross operating margin +€1,032
up €1,032 (+13.4%), from €7,685 to €8,718
- Depreciation +€941
new in 2025: €941
- Other operating charges -€547
down €547 (-67.8%), from €807 to €260
- Financial income -€246
down €246 (-78.3%), from €315 to €68
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 | €94,518 | €92,076 | -€2,442 | -2.6% |
| Fixed assets | 21/28 | - | €2,442 | +€2,442 | |
| Intangible fixed assets | 21 | - | €2,442 | +€2,442 | |
| Current assets | 29/58 | €94,518 | €89,634 | -€4,884 | -5.2% |
| Stocks and contracts in progress | 3 | €37,317 | €38,025 | +€707 | +1.9% |
| Stocks | 30/36 | €37,317 | €38,025 | +€707 | +1.9% |
| Amounts receivable within one year | 40/41 | €12,651 | €7,615 | -€5,036 | -39.8% |
| Trade receivables | 40 | €9,660 | €5,565 | -€4,095 | -42.4% |
| Other amounts receivable | 41 | €2,992 | €2,051 | -€941 | -31.5% |
| Cash at bank and in hand | 54/58 | €44,549 | €43,964 | -€585 | -1.3% |
| Deferred charges and accrued income | 490/1 | - | €30 | +€30 | |
| Total equity and liabilities | 10/49 | €94,518 | €92,076 | -€2,442 | -2.6% |
| Equity | 10/15 | €57,065 | €61,966 | +€4,900 | +8.6% |
| Contributions | 10/11 | €20,900 | €20,900 | = | 0.0% |
| Reserves | 13 | €27,534 | €27,534 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,077 | €3,077 | = | 0.0% |
| Distributable reserves | 133 | €24,456 | €24,456 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,632 | €13,532 | +€4,900 | +56.8% |
| Amounts payable | 17/49 | €37,452 | €30,110 | -€7,342 | -19.6% |
| Amounts payable after more than one year | 17 | €26,696 | - | -€26,696 | |
| Financial debts | 170/4 | €26,696 | - | -€26,696 | |
| Amounts payable within one year | 42/48 | €10,756 | €30,110 | +€19,354 | +180% |
| Trade debts | 44 | €8,652 | €7,781 | -€871 | -10.1% |
| Suppliers | 440/4 | €8,652 | €7,781 | -€871 | -10.1% |
| Taxes, remuneration and social security | 45 | €2,104 | - | -€2,104 | |
| Taxes | 450/3 | €2,104 | - | -€2,104 | |
| Other amounts payable | 47/48 | - | €22,329 | +€22,329 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €941 | +€941 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,810 | €72 | -€1,738 | -96.0% |
| Other operating charges | 640/8 | €807 | €260 | -€547 | -67.8% |
| Gross operating margin | 9900 | €7,685 | €8,718 | +€1,032 | +13.4% |
| Operating profit (loss) | 9901 | €5,069 | €7,445 | +€2,376 | +46.9% |
| Financial income | 75/76B | €315 | €68 | -€246 | -78.3% |
| Recurring financial income | 75 | €315 | €68 | -€246 | -78.3% |
| Financial charges | 65/66B | €1,185 | €1,137 | -€48 | -4.1% |
| Recurring financial charges | 65 | €1,185 | €1,137 | -€48 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €4,198 | €6,376 | +€2,179 | +51.9% |
| Income taxes | 67/77 | €1,624 | €1,476 | -€148 | -9.1% |
| Profit (loss) for the period | 9904 | €2,574 | €4,900 | +€2,327 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,574 | €4,900 | +€2,327 | +90.4% |
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 16 October 2026 via checked.be.