SINT IGNATIUS: 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 IGNATIUS
Largest movements
- Receivables within one year +€82,094
up €82,094 (+56.8%), from €144,513 to €226,607
of which Trade receivables: +€84,771
- Cash +€38,913
up €38,913 (+122%), from €31,923 to €70,836
mainly Accrued charges and deferred income (+€66,450) and Net result for the year (+€51,738)
- Deferred charges and accrued income -€23,343
down €23,343 (-72.9%), from €32,000 to €8,657
- Tangible fixed assets +€9,159
up €9,159 (+781%), from €1,173 to €10,332
of which Furniture and vehicles: +€8,312
- Intangible fixed assets +€4,823
new in 2025: €4,823
- Accrued charges and deferred income +€66,450
up €66,450 (+48.6%), from €136,761 to €203,211
- Profit (loss) carried forward +€51,738
up €51,738 (+2,261%), from €2,288 to €54,026
- Trade debts -€28,243
down €28,243 (-67.0%), from €42,167 to €13,924
- Tax, wage and social debts +€21,700
new in 2025: €21,700
- Gross operating margin +€130,899
up €130,899 (+64.2%), from €203,805 to €334,704
- Staff costs +€97,234
up €97,234 (+55.9%), from €173,894 to €271,128
- Turnover +€36,757
up €36,757 (+14.9%), from €246,486 to €283,243
- Other operating charges +€5,596
up €5,596 (+3,997%), from €140 to €5,736
- Write-downs +€4,214
new in 2025: €4,214
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 | €209,609 | €321,254 | +€111,645 | +53.3% |
| Fixed assets | 21/28 | €1,173 | €15,154 | +€13,981 | +1,192% |
| Intangible fixed assets | 21 | - | €4,823 | +€4,823 | |
| Tangible fixed assets | 22/27 | €1,173 | €10,332 | +€9,159 | +781% |
| Plant, machinery and equipment | 23 | - | €846 | +€846 | |
| Furniture and vehicles | 24 | €1,173 | €9,485 | +€8,312 | +709% |
| Current assets | 29/58 | €208,436 | €306,100 | +€97,664 | +46.9% |
| Amounts receivable within one year | 40/41 | €144,513 | €226,607 | +€82,094 | +56.8% |
| Trade receivables | 40 | €141,836 | €226,607 | +€84,771 | +59.8% |
| Other amounts receivable | 41 | €2,677 | - | -€2,677 | |
| Cash at bank and in hand | 54/58 | €31,923 | €70,836 | +€38,913 | +122% |
| Deferred charges and accrued income | 490/1 | €32,000 | €8,657 | -€23,343 | -72.9% |
| Total equity and liabilities | 10/49 | €209,609 | €321,254 | +€111,645 | +53.3% |
| Equity | 10/15 | €24,381 | €76,119 | +€51,738 | +212% |
| Contributions | 10/11 | €22,093 | €22,093 | = | 0.0% |
| Capital | 10 | €22,093 | €22,093 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,288 | €54,026 | +€51,738 | +2,261% |
| Amounts payable | 17/49 | €185,228 | €245,135 | +€59,907 | +32.3% |
| Amounts payable after more than one year | 17 | €6,300 | €6,300 | = | 0.0% |
| Advances received on contracts in progress | 176 | €6,300 | €6,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,167 | €35,624 | -€6,543 | -15.5% |
| Trade debts | 44 | €42,167 | €13,924 | -€28,243 | -67.0% |
| Suppliers | 440/4 | €42,167 | €13,924 | -€28,243 | -67.0% |
| Taxes, remuneration and social security | 45 | - | €21,700 | +€21,700 | |
| Remuneration and social security | 454/9 | - | €21,700 | +€21,700 | |
| Accrued charges and deferred income | 492/3 | €136,761 | €203,211 | +€66,450 | +48.6% |
| Turnover | 70 | €246,486 | €283,243 | +€36,757 | +14.9% |
| Membership fees, donations, legacies and grants | 73 | €89,387 | €186,927 | +€97,540 | +109% |
| Goods, raw materials, services and sundry goods | 60/61 | €216,988 | €213,155 | -€3,833 | -1.8% |
| Remuneration, social security and pensions | 62 | €173,894 | €271,128 | +€97,234 | +55.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €938 | €1,559 | +€621 | +66.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,214 | +€4,214 | |
| Other operating charges | 640/8 | €140 | €5,736 | +€5,596 | +3,997% |
| Gross operating margin | 9900 | €203,805 | €334,704 | +€130,899 | +64.2% |
| Operating profit (loss) | 9901 | €28,833 | €52,067 | +€23,234 | +80.6% |
| Financial income | 75/76B | €31 | €1,085 | +€1,054 | +3,400% |
| Recurring financial income | 75 | €31 | €1,085 | +€1,054 | +3,400% |
| Financial charges | 65/66B | €719 | €1,407 | +€688 | +95.7% |
| Recurring financial charges | 65 | €719 | €1,407 | +€688 | +95.7% |
| Profit (loss) for the period before taxes | 9903 | €28,145 | €51,745 | +€23,600 | +83.9% |
| Income taxes | 67/77 | - | €7 | +€7 | |
| Profit (loss) for the period | 9904 | €28,145 | €51,738 | +€23,593 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,145 | €51,738 | +€23,593 | +83.8% |
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 16 October 2026 via checked.be.