SINT-AMANDUS: 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.
SINT-AMANDUS
Largest movements
- Cash -€190,450
down €190,450 (-76.3%), from €249,733 to €59,283
mainly Short-term financial debts (-€125,056) and Trade debts (-€116,444)
- Tangible fixed assets -€46,233
down €46,233 (-14.5%), from €318,639 to €272,406
of which Land and buildings: -€37,780
- Deferred charges and accrued income -€11,342
down €11,342 (-100%), from €11,342 to €0
- Stocks and contracts +€10,064
up €10,064 (+5.2%), from €194,480 to €204,544
- Short-term financial debts -€125,056
down €125,056 (-90.2%), from €138,599 to €13,543
of which Other loans: -€125,000
- Trade debts -€116,444
down €116,444 (-84.3%), from €138,190 to €21,746
- Debts after one year -€74,457
down €74,457 (-28.7%), from €258,985 to €184,528
- Tax, wage and social debts +€69,520
up €69,520 (+1,909%), from €3,641 to €73,162
of which Remuneration and social security: +€58,474
- Reserves +€11,446
up €11,446 (+7.4%), from €154,222 to €165,668
of which Distributable reserves: +€11,446
- Staff costs +€45,114
up €45,114 (+12.2%), from €370,125 to €415,239
- Gross operating margin +€18,766
up €18,766 (+3.7%), from €506,526 to €525,292
- Depreciation +€9,216
up €9,216 (+13.8%), from €66,945 to €76,160
- Other operating charges -€6,922
down €6,922 (-60.8%), from €11,384 to €4,461
- Taxes -€5,670
down €5,670 (-47.2%), from €12,023 to €6,353
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €808,022 | €574,343 | -€233,679 | -28.9% |
| Fixed assets | 21/28 | €318,639 | €272,406 | -€46,233 | -14.5% |
| Tangible fixed assets | 22/27 | €318,639 | €272,406 | -€46,233 | -14.5% |
| Land and buildings | 22 | €228,007 | €190,227 | -€37,780 | -16.6% |
| Plant, machinery and equipment | 23 | €72,025 | €67,262 | -€4,763 | -6.6% |
| Furniture and vehicles | 24 | €18,607 | €14,917 | -€3,690 | -19.8% |
| Current assets | 29/58 | €489,383 | €301,937 | -€187,446 | -38.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €194,480 | €204,544 | +€10,064 | +5.2% |
| Stocks | 30/36 | €194,480 | €204,544 | +€10,064 | +5.2% |
| Amounts receivable within one year | 40/41 | €33,828 | €38,110 | +€4,282 | +12.7% |
| Trade receivables | 40 | - | €792 | +€792 | |
| Other amounts receivable | 41 | €33,828 | €37,318 | +€3,490 | +10.3% |
| Cash at bank and in hand | 54/58 | €249,733 | €59,283 | -€190,450 | -76.3% |
| Deferred charges and accrued income | 490/1 | €11,342 | €0 | -€11,342 | -100% |
| Total equity and liabilities | 10/49 | €808,022 | €574,343 | -€233,679 | -28.9% |
| Equity | 10/15 | €191,406 | €202,852 | +€11,446 | +6.0% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €154,222 | €165,668 | +€11,446 | +7.4% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €150,504 | €161,949 | +€11,446 | +7.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €616,616 | €371,491 | -€245,125 | -39.8% |
| Amounts payable after more than one year | 17 | €258,985 | €184,528 | -€74,457 | -28.7% |
| Financial debts | 170/4 | €258,985 | €184,528 | -€74,457 | -28.7% |
| Amounts payable within one year | 42/48 | €357,631 | €186,963 | -€170,668 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €73,369 | €74,457 | +€1,088 | +1.5% |
| Financial debts | 43 | €138,599 | €13,543 | -€125,056 | -90.2% |
| Credit institutions | 430/8 | €13,599 | €13,543 | -€56 | -0.4% |
| Other loans | 439 | €125,000 | €0 | -€125,000 | -100% |
| Trade debts | 44 | €138,190 | €21,746 | -€116,444 | -84.3% |
| Suppliers | 440/4 | €138,190 | €21,746 | -€116,444 | -84.3% |
| Taxes, remuneration and social security | 45 | €3,641 | €73,162 | +€69,520 | +1,909% |
| Taxes | 450/3 | €3,641 | €14,688 | +€11,047 | +303% |
| Remuneration and social security | 454/9 | - | €58,474 | +€58,474 | |
| Other amounts payable | 47/48 | €3,832 | €4,056 | +€224 | +5.8% |
| Remuneration, social security and pensions | 62 | €370,125 | €415,239 | +€45,114 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,945 | €76,160 | +€9,216 | +13.8% |
| Other operating charges | 640/8 | €11,384 | €4,461 | -€6,922 | -60.8% |
| Gross operating margin | 9900 | €506,526 | €525,292 | +€18,766 | +3.7% |
| Operating profit (loss) | 9901 | €58,073 | €29,431 | -€28,642 | -49.3% |
| Financial income | 75/76B | €7,921 | €6,937 | -€985 | -12.4% |
| Recurring financial income | 75 | €7,921 | €6,937 | -€985 | -12.4% |
| Financial charges | 65/66B | €22,195 | €18,570 | -€3,625 | -16.3% |
| Recurring financial charges | 65 | €22,195 | €18,570 | -€3,625 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €43,799 | €17,798 | -€26,001 | -59.4% |
| Income taxes | 67/77 | €12,023 | €6,353 | -€5,670 | -47.2% |
| Profit (loss) for the period | 9904 | €31,776 | €11,446 | -€20,331 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,776 | €11,446 | -€20,331 | -64.0% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.