SINT JAMES: 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 JAMES
Largest movements
- Cash -€34,643
down €34,643 (-28.1%), from €123,140 to €88,496
mainly Net result for the year (-€36,276) and Tax, wage and social debts (-€7,130)
- Stocks and contracts -€4,610
down €4,610 (-78.9%), from €5,840 to €1,230
- Tangible fixed assets -€3,734
down €3,734 (-44.7%), from €8,345 to €4,611
of which Plant, machinery and equipment: -€3,196
- Deferred charges and accrued income -€3,043
down €3,043 (-88.7%), from €3,429 to €386
- Profit (loss) carried forward -€30,816
down €30,816, from €11,672 to -€19,144
- Tax, wage and social debts -€7,130
down €7,130 (-75.2%), from €9,481 to €2,351
of which Taxes: -€4,295
- Reserves -€5,460
down €5,460 (-8.7%), from €62,460 to €57,000
- Other debts -€2,798
no longer reported in 2025 (was €2,798)
- Gross operating margin -€79,249
down €79,249, from €72,703 to -€6,545
- Staff costs -€31,544
down €31,544 (-55.7%), from €56,645 to €25,101
- Taxes -€3,100
no longer reported in 2025 (was €3,100)
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 | €142,477 | €95,791 | -€46,686 | -32.8% |
| Fixed assets | 21/28 | €8,903 | €4,611 | -€4,292 | -48.2% |
| Tangible fixed assets | 22/27 | €8,345 | €4,611 | -€3,734 | -44.7% |
| Plant, machinery and equipment | 23 | €7,674 | €4,479 | -€3,196 | -41.6% |
| Furniture and vehicles | 24 | €670 | €132 | -€538 | -80.3% |
| Financial fixed assets | 28 | €558 | - | -€558 | |
| Current assets | 29/58 | €133,574 | €91,180 | -€42,394 | -31.7% |
| Stocks and contracts in progress | 3 | €5,840 | €1,230 | -€4,610 | -78.9% |
| Stocks | 30/36 | €5,840 | €1,230 | -€4,610 | -78.9% |
| Amounts receivable within one year | 40/41 | €1,165 | €1,067 | -€98 | -8.4% |
| Trade receivables | 40 | €1,165 | €255 | -€910 | -78.1% |
| Other amounts receivable | 41 | - | €812 | +€812 | |
| Cash at bank and in hand | 54/58 | €123,140 | €88,496 | -€34,643 | -28.1% |
| Deferred charges and accrued income | 490/1 | €3,429 | €386 | -€3,043 | -88.7% |
| Total equity and liabilities | 10/49 | €142,477 | €95,791 | -€46,686 | -32.8% |
| Equity | 10/15 | €128,732 | €92,456 | -€36,276 | -28.2% |
| Contributions | 10/11 | €54,600 | €54,600 | = | 0.0% |
| Reserves | 13 | €62,460 | €57,000 | -€5,460 | -8.7% |
| Distributable reserves | 133 | €62,460 | €57,000 | -€5,460 | -8.7% |
| Profit (loss) carried forward | 14 | €11,672 | -€19,144 | -€30,816 | |
| Amounts payable | 17/49 | €13,745 | €3,335 | -€10,410 | -75.7% |
| Amounts payable within one year | 42/48 | €13,745 | €3,335 | -€10,410 | -75.7% |
| Trade debts | 44 | €1,465 | €984 | -€482 | -32.9% |
| Suppliers | 440/4 | €1,465 | €984 | -€482 | -32.9% |
| Taxes, remuneration and social security | 45 | €9,481 | €2,351 | -€7,130 | -75.2% |
| Taxes | 450/3 | €5,330 | €1,035 | -€4,295 | -80.6% |
| Remuneration and social security | 454/9 | €4,152 | €1,317 | -€2,835 | -68.3% |
| Other amounts payable | 47/48 | €2,798 | - | -€2,798 | |
| Remuneration, social security and pensions | 62 | €56,645 | €25,101 | -€31,544 | -55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,734 | €3,734 | = | 0.0% |
| Other operating charges | 640/8 | €1,596 | €1,291 | -€305 | -19.1% |
| Gross operating margin | 9900 | €72,703 | -€6,545 | -€79,249 | |
| Operating profit (loss) | 9901 | €10,729 | -€36,671 | -€47,400 | |
| Financial income | 75/76B | €414 | €543 | +€130 | +31.4% |
| Recurring financial income | 75 | €414 | €543 | +€130 | +31.4% |
| Financial charges | 65/66B | €150 | €148 | -€2 | -1.0% |
| Recurring financial charges | 65 | €150 | €148 | -€2 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €10,993 | -€36,276 | -€47,269 | |
| Income taxes | 67/77 | €3,100 | - | -€3,100 | |
| Profit (loss) for the period | 9904 | €7,893 | -€36,276 | -€44,169 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,893 | -€36,276 | -€44,169 |
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 15 October 2026 via checked.be.