SINOMA CBMI BELGIUM ENGINEERING: 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.
SINOMA CBMI BELGIUM ENGINEERING
Largest movements
- Cash +€3.9m
up €3.9m (+229%), from €1.7m to €5.6m
mainly Provisions (+€3.1m) and Short-term financial debts (+€3.0m)
- Stocks and contracts +€3.0m
new in 2025: €3.0m
- Tangible fixed assets +€694,115
up €694,115 (+39.9%), from €1.7m to €2.4m
of which Furniture and vehicles: +€578,878
- Deferred charges and accrued income -€292,129
down €292,129 (-81.5%), from €358,406 to €66,278
- Receivables within one year +€145,487
up €145,487 (+63.1%), from €230,469 to €375,956
of which Other amounts receivable: +€243,073
- Provisions +€3.1m
new in 2025: €3.1m
- Short-term financial debts +€3.0m
new in 2025: €3.0m
- Other debts +€2.5m
up €2.5m (+89,085%), from €2,849 to €2.5m
- Profit (loss) carried forward -€2.4m
down €2.4m (-764%), from -€309,390 to -€2.7m
- Tax, wage and social debts +€1.2m
up €1.2m (+46,589%), from €2,523 to €1.2m
of which Remuneration and social security: +€1.0m
- Gross operating margin +€7.6m
up €7.6m, from -€255,571 to €7.3m
- Staff costs +€5.9m
up €5.9m (+90,976%), from €6,492 to €5.9m
- Depreciation +€434,952
up €434,952 (+2,234%), from €19,472 to €454,424
- Financial charges +€135,292
up €135,292 (+3,018%), from €4,483 to €139,775
- Other operating charges +€115,006
up €115,006 (+492%), from €23,373 to €138,379
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 | €4,064,321 | €11,539,168 | +€7.5m | +184% |
| Fixed assets | 21/28 | €1,771,730 | €2,462,145 | +€690,415 | +39.0% |
| Tangible fixed assets | 22/27 | €1,738,030 | €2,432,145 | +€694,115 | +39.9% |
| Plant, machinery and equipment | 23 | €1,260,487 | €1,279,182 | +€18,695 | +1.5% |
| Furniture and vehicles | 24 | €87,158 | €666,036 | +€578,878 | +664% |
| Other tangible fixed assets | 26 | €390,385 | €486,927 | +€96,542 | +24.7% |
| Financial fixed assets | 28 | €33,700 | €30,000 | -€3,700 | -11.0% |
| Current assets | 29/58 | €2,292,591 | €9,077,023 | +€6.8m | +296% |
| Stocks and contracts in progress | 3 | - | €3,037,747 | +€3.0m | |
| Contracts in progress | 37 | - | €3,037,747 | +€3.0m | |
| Amounts receivable within one year | 40/41 | €230,469 | €375,956 | +€145,487 | +63.1% |
| Trade receivables | 40 | €210,552 | €112,966 | -€97,586 | -46.3% |
| Other amounts receivable | 41 | €19,917 | €262,990 | +€243,073 | +1,220% |
| Cash at bank and in hand | 54/58 | €1,703,716 | €5,597,043 | +€3.9m | +229% |
| Deferred charges and accrued income | 490/1 | €358,406 | €66,278 | -€292,129 | -81.5% |
| Total equity and liabilities | 10/49 | €4,064,321 | €11,539,168 | +€7.5m | +184% |
| Equity | 10/15 | €190,610 | -€2,172,109 | -€2.4m | |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€309,390 | -€2,672,109 | -€2.4m | -764% |
| Provisions and deferred taxes | 16 | - | €3,064,737 | +€3.1m | |
| Provisions for liabilities and charges | 160/5 | - | €3,064,737 | +€3.1m | |
| Other liabilities and charges | 164/5 | - | €3,064,737 | +€3.1m | |
| Amounts payable | 17/49 | €3,873,711 | €10,646,540 | +€6.8m | +175% |
| Amounts payable after more than one year | 17 | - | €126,666 | +€126,666 | |
| Trade debts | 175 | - | €126,666 | +€126,666 | |
| Amounts payable within one year | 42/48 | €3,873,059 | €10,519,874 | +€6.6m | +172% |
| Financial debts | 43 | - | €3,044,128 | +€3.0m | |
| Other loans | 439 | - | €3,044,128 | +€3.0m | |
| Trade debts | 44 | €1,776,480 | €2,560,718 | +€784,239 | +44.1% |
| Suppliers | 440/4 | €1,776,480 | €2,560,718 | +€784,239 | +44.1% |
| Advances received on contracts in progress | 46 | €2,091,207 | €1,196,359 | -€894,848 | -42.8% |
| Taxes, remuneration and social security | 45 | €2,523 | €1,178,150 | +€1.2m | +46,589% |
| Taxes | 450/3 | - | €127,713 | +€127,713 | |
| Remuneration and social security | 454/9 | €2,523 | €1,050,438 | +€1.0m | +41,528% |
| Other amounts payable | 47/48 | €2,849 | €2,540,518 | +€2.5m | +89,085% |
| Accrued charges and deferred income | 492/3 | €652 | €0 | -€652 | -100% |
| Remuneration, social security and pensions | 62 | €6,492 | €5,912,648 | +€5.9m | +90,976% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,472 | €454,424 | +€434,952 | +2,234% |
| Other operating charges | 640/8 | €23,373 | €138,379 | +€115,006 | +492% |
| Non-recurring operating charges | 66A | - | €3,066,056 | +€3.1m | |
| Gross operating margin | 9900 | -€255,571 | €7,343,868 | +€7.6m | |
| Operating profit (loss) | 9901 | -€304,908 | -€2,227,639 | -€1.9m | -631% |
| Financial income | 75/76B | €0 | €4,695 | +€4,695 | +11,738,050% |
| Recurring financial income | 75 | €0 | €4,695 | +€4,695 | +11,738,050% |
| Financial charges | 65/66B | €4,483 | €139,775 | +€135,292 | +3,018% |
| Recurring financial charges | 65 | €4,483 | €139,775 | +€135,292 | +3,018% |
| Profit (loss) for the period before taxes | 9903 | -€309,390 | -€2,362,719 | -€2.1m | -664% |
| Profit (loss) for the period | 9904 | -€309,390 | -€2,362,719 | -€2.1m | -664% |
| Profit (loss) for the period to be appropriated | 9905 | -€309,390 | -€2,362,719 | -€2.1m | -664% |
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 28 October 2026 via checked.be.