SINOX: 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.
SINOX
Largest movements
- Cash -€29,525
down €29,525 (-34.0%), from €86,734 to €57,209
mainly Receivables within one year (-€18,459) and Contributions, distributions and other (-€14,857)
- Receivables within one year +€18,459
up €18,459 (+60.7%), from €30,389 to €48,848
of which Trade receivables: +€16,308
- Tangible fixed assets -€4,298
down €4,298 (-48.8%), from €8,812 to €4,514
- Reserves +€22,400
up €22,400 (+48.2%), from €46,460 to €68,860
of which Distributable reserves: +€22,400
- Profit (loss) carried forward -€14,849
down €14,849 (-41.8%), from €35,565 to €20,717
- Trade debts -€11,391
down €11,391 (-57.1%), from €19,966 to €8,575
- Other debts -€6,571
down €6,571 (-88.5%), from €7,429 to €857
- Tax, wage and social debts -€4,238
down €4,238 (-40.6%), from €10,428 to €6,190
of which Taxes: -€2,178
- Turnover -€303,118
no longer reported in 2025 (was €303,118)
- Purchases and services -€228,001
no longer reported in 2025 (was €228,001)
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 | €126,047 | €111,398 | -€14,649 | -11.6% |
| Fixed assets | 21/28 | €8,837 | €4,539 | -€4,298 | -48.6% |
| Tangible fixed assets | 22/27 | €8,812 | €4,514 | -€4,298 | -48.8% |
| Furniture and vehicles | 24 | €8,812 | €4,514 | -€4,298 | -48.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €117,210 | €106,860 | -€10,351 | -8.8% |
| Amounts receivable within one year | 40/41 | €30,389 | €48,848 | +€18,459 | +60.7% |
| Trade receivables | 40 | €30,389 | €46,697 | +€16,308 | +53.7% |
| Other amounts receivable | 41 | - | €2,150 | +€2,150 | |
| Cash at bank and in hand | 54/58 | €86,734 | €57,209 | -€29,525 | -34.0% |
| Deferred charges and accrued income | 490/1 | €87 | €803 | +€715 | +819.8% |
| Total equity and liabilities | 10/49 | €126,047 | €111,398 | -€14,649 | -11.6% |
| Equity | 10/15 | €88,225 | €95,777 | +€7,551 | +8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €46,460 | €68,860 | +€22,400 | +48.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €44,600 | €67,000 | +€22,400 | +50.2% |
| Profit (loss) carried forward | 14 | €35,565 | €20,717 | -€14,849 | -41.8% |
| Amounts payable | 17/49 | €37,822 | €15,622 | -€22,201 | -58.7% |
| Amounts payable within one year | 42/48 | €37,822 | €15,622 | -€22,201 | -58.7% |
| Trade debts | 44 | €19,966 | €8,575 | -€11,391 | -57.1% |
| Suppliers | 440/4 | €19,966 | €8,575 | -€11,391 | -57.1% |
| Taxes, remuneration and social security | 45 | €10,428 | €6,190 | -€4,238 | -40.6% |
| Taxes | 450/3 | €3,623 | €1,445 | -€2,178 | -60.1% |
| Remuneration and social security | 454/9 | €6,805 | €4,745 | -€2,060 | -30.3% |
| Other amounts payable | 47/48 | €7,429 | €857 | -€6,571 | -88.5% |
| Turnover | 70 | €303,118 | - | -€303,118 | |
| Goods, raw materials, services and sundry goods | 60/61 | €228,001 | - | -€228,001 | |
| Remuneration, social security and pensions | 62 | €30,939 | €31,561 | +€623 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,249 | €2,985 | -€1,264 | -29.7% |
| Other operating charges | 640/8 | €503 | €327 | -€176 | -35.1% |
| Non-recurring operating charges | 66A | €529 | €4,317 | +€3,788 | +716.7% |
| Gross operating margin | 9900 | €77,485 | €74,933 | -€2,551 | -3.3% |
| Operating profit (loss) | 9901 | €41,265 | €35,743 | -€5,522 | -13.4% |
| Financial charges | 65/66B | €488 | €485 | -€2 | -0.5% |
| Recurring financial charges | 65 | €488 | €485 | -€2 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €40,778 | €35,258 | -€5,520 | -13.5% |
| Income taxes | 67/77 | €15,066 | €12,850 | -€2,216 | -14.7% |
| Profit (loss) for the period | 9904 | €25,712 | €22,409 | -€3,303 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,712 | €22,409 | -€3,303 | -12.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.