SINSIN: 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.
SINSIN
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+8,912%), from €16,242 to €1.5m
of which Land and buildings: +€1.5m
- Debts after one year +€993,008
new in 2025: €993,008
- Other debts +€437,638
up €437,638 (+812%), from €53,906 to €491,545
- Current portion of long-term debt +€59,165
new in 2025: €59,165
- Profit (loss) carried forward -€42,533
down €42,533 (-71.8%), from -€59,199 to -€101,732
- Depreciation +€32,420
up €32,420 (+1,186%), from €2,734 to €35,154
- Financial charges +€31,272
up €31,272 (+19,821%), from €158 to €31,430
- Gross operating margin +€29,155
up €29,155, from -€1,595 to €27,560
- Other operating charges +€2,058
up €2,058 (+431%), from €478 to €2,536
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 | €17,941 | €1,479,652 | +€1.5m | +8,147% |
| Fixed assets | 21/28 | €16,242 | €1,463,727 | +€1.4m | +8,912% |
| Tangible fixed assets | 22/27 | €16,242 | €1,463,727 | +€1.4m | +8,912% |
| Land and buildings | 22 | - | €1,450,798 | +€1.5m | |
| Plant, machinery and equipment | 23 | €9,897 | €6,931 | -€2,966 | -30.0% |
| Furniture and vehicles | 24 | €5,212 | €5,999 | +€787 | +15.1% |
| Other tangible fixed assets | 26 | €1,133 | - | -€1,133 | |
| Current assets | 29/58 | €1,699 | €15,925 | +€14,226 | +837% |
| Amounts receivable within one year | 40/41 | €1,686 | €7,490 | +€5,803 | +344% |
| Trade receivables | 40 | - | €3,511 | +€3,511 | |
| Other amounts receivable | 41 | €1,686 | €3,978 | +€2,292 | +136% |
| Cash at bank and in hand | 54/58 | €13 | €8,435 | +€8,422 | +64,539% |
| Total equity and liabilities | 10/49 | €17,941 | €1,479,652 | +€1.5m | +8,147% |
| Equity | 10/15 | -€39,199 | -€81,732 | -€42,533 | -109% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,199 | -€101,732 | -€42,533 | -71.8% |
| Amounts payable | 17/49 | €57,140 | €1,561,384 | +€1.5m | +2,633% |
| Amounts payable after more than one year | 17 | - | €993,008 | +€993,008 | |
| Financial debts | 170/4 | - | €993,008 | +€993,008 | |
| Amounts payable within one year | 42/48 | €57,140 | €560,610 | +€503,470 | +881% |
| Current portion of amounts payable after more than one year | 42 | - | €59,165 | +€59,165 | |
| Trade debts | 44 | €281 | €9,334 | +€9,053 | +3,222% |
| Suppliers | 440/4 | €281 | €9,334 | +€9,053 | +3,222% |
| Taxes, remuneration and social security | 45 | €2,953 | €566 | -€2,387 | -80.8% |
| Taxes | 450/3 | €2,953 | €566 | -€2,387 | -80.8% |
| Other amounts payable | 47/48 | €53,906 | €491,545 | +€437,638 | +812% |
| Accrued charges and deferred income | 492/3 | - | €7,767 | +€7,767 | |
| Non-recurring operating income | 76A | - | €88 | +€88 | |
| Remuneration, social security and pensions | 62 | €190 | - | -€190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,734 | €35,154 | +€32,420 | +1,186% |
| Other operating charges | 640/8 | €478 | €2,536 | +€2,058 | +431% |
| Non-recurring operating charges | 66A | - | €1,133 | +€1,133 | |
| Gross operating margin | 9900 | -€1,595 | €27,560 | +€29,155 | |
| Operating profit (loss) | 9901 | -€4,996 | -€11,262 | -€6,266 | -125% |
| Financial income | 75/76B | - | €158 | +€158 | |
| Recurring financial income | 75 | - | €158 | +€158 | |
| Financial charges | 65/66B | €158 | €31,430 | +€31,272 | +19,821% |
| Recurring financial charges | 65 | €158 | €31,430 | +€31,272 | +19,821% |
| Profit (loss) for the period before taxes | 9903 | -€5,154 | -€42,533 | -€37,379 | -725% |
| Profit (loss) for the period | 9904 | -€5,154 | -€42,533 | -€37,379 | -725% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,154 | -€42,533 | -€37,379 | -725% |
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 13 October 2026 via checked.be.