SINT ANNA: 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.
What changed
SINT ANNA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.8m
2024 · €3.5m-€794,645
Equity
€19.6m
2024 · €16.8m+€2.8m
Cash
€3.4m
2024 · €2.4m+€990,405
Balance sheet total
€24.6m
2024 · €18.7m+€5.9m
Largest movements
Assets
- Tangible fixed assets +€5.1m
up €5.1m (+37.3%), from €13.7m to €18.8m
of which Land and buildings: +€5.1m
- Financial fixed assets -€1.8m
down €1.8m (-74.4%), from €2.5m to €627,912
- Current investments +€1.6m
up €1.6m, from €0 to €1.6m
- Cash +€990,405
up €990,405 (+41.0%), from €2.4m to €3.4m
mainly Other debts (+€3.0m) and Net result for the year (+€2.8m)
Equity and liabilities
- Other debts +€3.0m
up €3.0m (+1,079%), from €273,828 to €3.2m
- Reserves +€2.8m
up €2.8m (+16.5%), from €16.7m to €19.5m
of which Distributable reserves: +€2.8m
Income statement
- Gross operating margin -€838,375
down €838,375 (-15.6%), from €5.4m to €4.5m
- Depreciation +€210,712
up €210,712 (+42.9%), from €491,712 to €702,424
- Taxes +€123,234
up €123,234 (+15.0%), from €820,199 to €943,432
- Financial charges -€60,806
down €60,806 (-53.9%), from €112,721 to €51,915
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.
Result 2024
€3.5m
Gross operating margin
-€838,375
Staff costs
+€73
Depreciation
-€210,712
Other operating charges
-€36,602
Financial income
-€33,211
Financial charges
+€60,806
Taxes
-€123,234
Deferred taxes and other
+€386,609
Result 2025
€2.8m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€6.5m
Investment
-€5.6m
Financing
+€30,020
Cash 2024
€2.4m
From operations (derived)
+€6.5m
Net result for the year
+€2.8m
Depreciation
+€702,424
Smaller working-capital items
+€4,311
Provisions
-€25,256
Trade debts
+€41,446
Tax, wage and social debts
+€110,515
Other debts
+€3.0m
Investment (derived)
-€5.6m
Investment in fixed assets (net)
-€4.0m
Current investments
-€1.6m
Financing
+€30,020
Debts after one year
+€26,035
Current portion of long-term debt
+€3,984
Cash 2025
€3.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,692,483 | €24,558,282 | +€5.9m | +31.4% |
| Fixed assets | 21/28 | €16,144,172 | €19,423,673 | +€3.3m | +20.3% |
| Tangible fixed assets | 22/27 | €13,692,261 | €18,795,761 | +€5.1m | +37.3% |
| Land and buildings | 22 | €13,524,002 | €18,669,663 | +€5.1m | +38.0% |
| Furniture and vehicles | 24 | €168,258 | €126,098 | -€42,161 | -25.1% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €2,451,912 | €627,912 | -€1.8m | -74.4% |
| Current assets | 29/58 | €2,548,311 | €5,134,610 | +€2.6m | +101% |
| Amounts receivable within one year | 40/41 | €129,146 | €120,070 | -€9,076 | -7.0% |
| Trade receivables | 40 | €0 | €109,641 | +€109,641 | |
| Other amounts receivable | 41 | €129,146 | €10,429 | -€118,717 | -91.9% |
| Current investments | 50/53 | €0 | €1,600,000 | +€1.6m | |
| Cash at bank and in hand | 54/58 | €2,414,107 | €3,404,511 | +€990,405 | +41.0% |
| Deferred charges and accrued income | 490/1 | €5,059 | €10,028 | +€4,969 | +98.2% |
| Total equity and liabilities | 10/49 | €18,692,483 | €24,558,282 | +€5.9m | +31.4% |
| Equity | 10/15 | €16,797,943 | €19,553,077 | +€2.8m | +16.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €16,736,443 | €19,491,577 | +€2.8m | +16.5% |
| Non-distributable reserves | 130/1 | €49,083 | €49,083 | = | 0.0% |
| Legal reserve | 130 | €49,083 | €49,083 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,686,344 | €1,617,468 | -€68,876 | -4.1% |
| Distributable reserves | 133 | €15,001,016 | €17,825,026 | +€2.8m | +18.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €572,661 | €547,405 | -€25,256 | -4.4% |
| Deferred taxes | 168 | €572,661 | €547,405 | -€25,256 | -4.4% |
| Amounts payable | 17/49 | €1,321,879 | €4,457,800 | +€3.1m | +237% |
| Amounts payable after more than one year | 17 | €833,584 | €859,619 | +€26,035 | +3.1% |
| Financial debts | 170/4 | €528,610 | €431,561 | -€97,049 | -18.4% |
| Other amounts payable | 178/9 | €304,975 | €428,058 | +€123,084 | +40.4% |
| Amounts payable within one year | 42/48 | €485,470 | €3,595,151 | +€3.1m | +641% |
| Current portion of amounts payable after more than one year | 42 | €93,064 | €97,049 | +€3,984 | +4.3% |
| Trade debts | 44 | €5,310 | €46,756 | +€41,446 | +780% |
| Suppliers | 440/4 | €5,310 | €46,756 | +€41,446 | +780% |
| Taxes, remuneration and social security | 45 | €113,268 | €223,782 | +€110,515 | +97.6% |
| Taxes | 450/3 | €113,146 | €223,657 | +€110,510 | +97.7% |
| Remuneration and social security | 454/9 | €121 | €126 | +€4 | +3.6% |
| Other amounts payable | 47/48 | €273,828 | €3,227,564 | +€3.0m | +1,079% |
| Accrued charges and deferred income | 492/3 | €2,825 | €3,030 | +€205 | +7.3% |
| Non-recurring operating income | 76A | €1,532,036 | €0 | -€1.5m | -100% |
| Remuneration, social security and pensions | 62 | €2,009 | €1,935 | -€73 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €491,712 | €702,424 | +€210,712 | +42.9% |
| Other operating charges | 640/8 | €95,032 | €131,634 | +€36,602 | +38.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €5,370,997 | €4,532,622 | -€838,375 | -15.6% |
| Operating profit (loss) | 9901 | €4,782,244 | €3,696,628 | -€1.1m | -22.7% |
| Financial income | 75/76B | €61,808 | €28,597 | -€33,211 | -53.7% |
| Recurring financial income | 75 | €61,808 | €28,597 | -€33,211 | -53.7% |
| Financial charges | 65/66B | €112,721 | €51,915 | -€60,806 | -53.9% |
| Recurring financial charges | 65 | €112,721 | €51,915 | -€60,806 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €4,731,331 | €3,673,310 | -€1.1m | -22.4% |
| Transfer from deferred taxes | 780 | €21,656 | €25,256 | +€3,600 | +16.6% |
| Transfer to deferred taxes | 680 | €383,009 | €0 | -€383,009 | -100% |
| Income taxes | 67/77 | €820,199 | €943,432 | +€123,234 | +15.0% |
| Profit (loss) for the period | 9904 | €3,549,779 | €2,755,134 | -€794,645 | -22.4% |
| Transfer from tax-exempt reserves | 789 | €62,930 | €73,907 | +€10,977 | +17.4% |
| Transfer to tax-exempt reserves | 689 | €1,149,027 | €5,031 | -€1.1m | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,463,682 | €2,824,010 | +€360,329 | +14.6% |
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 17 October 2026 via checked.be.