SInReD: 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.
SInReD
Largest movements
- Receivables within one year -€2,601
no longer reported in 2025 (was €2,601)
- Cash +€2,360
up €2,360 (+3344.1%), from €71 to €2,431
mainly Receivables within one year (+€2,601) and Trade debts (+€1,577)
- Profit (loss) carried forward -€2,065
down €2,065 (-9.4%), from -€21,916 to -€23,981
- Trade debts +€1,577
up €1,577 (+11428.0%), from €14 to €1,591
- Other debts +€247
up €247 (+6.0%), from €4,113 to €4,361
- Gross operating margin +€257
up €257 (+14.6%), from -€1,767 to -€1,510
- Other operating charges -€168
down €168 (-29.6%), from €568 to €400
- Depreciation -€45
no longer reported in 2025 (was €45)
- Financial charges +€37
up €37 (+30.9%), from €118 to €155
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 | €2,671 | €2,431 | -€240 | -9.0% |
| Current assets | 29/58 | €2,671 | €2,431 | -€240 | -9.0% |
| Amounts receivable within one year | 40/41 | €2,601 | - | -€2,601 | |
| Other amounts receivable | 41 | €2,601 | - | -€2,601 | |
| Cash at bank and in hand | 54/58 | €71 | €2,431 | +€2,360 | +3344.1% |
| Total equity and liabilities | 10/49 | €2,671 | €2,431 | -€240 | -9.0% |
| Equity | 10/15 | -€1,456 | -€3,521 | -€2,065 | -141.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€21,916 | -€23,981 | -€2,065 | -9.4% |
| Amounts payable | 17/49 | €4,127 | €5,951 | +€1,824 | +44.2% |
| Amounts payable within one year | 42/48 | €4,127 | €5,951 | +€1,824 | +44.2% |
| Trade debts | 44 | €14 | €1,591 | +€1,577 | +11428.0% |
| Suppliers | 440/4 | €14 | €1,591 | +€1,577 | +11428.0% |
| Other amounts payable | 47/48 | €4,113 | €4,361 | +€247 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45 | - | -€45 | |
| Other operating charges | 640/8 | €568 | €400 | -€168 | -29.6% |
| Gross operating margin | 9900 | -€1,767 | -€1,510 | +€257 | +14.6% |
| Operating profit (loss) | 9901 | -€2,380 | -€1,910 | +€470 | +19.8% |
| Financial charges | 65/66B | €118 | €155 | +€37 | +30.9% |
| Recurring financial charges | 65 | €118 | €155 | +€37 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,498 | -€2,065 | +€434 | +17.4% |
| Profit (loss) for the period | 9904 | -€2,498 | -€2,065 | +€434 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,498 | -€2,065 | +€434 | +17.4% |
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 8 October 2026 via checked.be.