SINT-JOZEF: 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-JOZEF
Largest movements
- Tangible fixed assets -€378,270
down €378,270 (-32.1%), from €1.2m to €801,603
of which Land and buildings: -€376,161
- Cash +€113,742
up €113,742 (+3,188%), from €3,567 to €117,309
mainly Investment in fixed assets (net) (+€365,458) and Trade debts (+€129,500)
- Debts after one year -€413,751
down €413,751 (-45.5%), from €909,550 to €495,799
of which Financial debts: -€413,751
- Trade debts +€129,500
up €129,500 (+1,855%), from €6,979 to €136,480
- Reserves +€32,548
up €32,548 (+52.5%), from €61,945 to €94,493
of which Distributable reserves: +€30,921
- Other debts -€16,001
down €16,001 (-18.1%), from €88,169 to €72,168
- Current portion of long-term debt -€15,145
down €15,145 (-24.7%), from €61,392 to €46,247
- Gross operating margin -€19,537
down €19,537 (-16.8%), from €116,129 to €96,592
- Depreciation -€18,564
down €18,564 (-58.6%), from €31,698 to €13,135
- Taxes +€17,413
new in 2025: €17,413
- Financial charges -€5,009
down €5,009 (-17.6%), from €28,524 to €23,515
- Other operating charges +€1,521
up €1,521 (+18.0%), from €8,460 to €9,981
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 | €1,197,240 | €930,186 | -€267,054 | -22.3% |
| Fixed assets | 21/28 | €1,180,786 | €802,193 | -€378,592 | -32.1% |
| Intangible fixed assets | 21 | €913 | €590 | -€323 | -35.3% |
| Tangible fixed assets | 22/27 | €1,179,873 | €801,603 | -€378,270 | -32.1% |
| Land and buildings | 22 | €1,163,588 | €787,427 | -€376,161 | -32.3% |
| Plant, machinery and equipment | 23 | €15,722 | €13,861 | -€1,861 | -11.8% |
| Furniture and vehicles | 24 | €563 | €316 | -€248 | -44.0% |
| Current assets | 29/58 | €16,454 | €127,992 | +€111,538 | +678% |
| Amounts receivable within one year | 40/41 | €11,835 | €9,954 | -€1,881 | -15.9% |
| Trade receivables | 40 | €11,835 | €9,831 | -€2,003 | -16.9% |
| Other amounts receivable | 41 | - | €123 | +€123 | |
| Cash at bank and in hand | 54/58 | €3,567 | €117,309 | +€113,742 | +3,188% |
| Deferred charges and accrued income | 490/1 | €1,052 | €729 | -€323 | -30.7% |
| Total equity and liabilities | 10/49 | €1,197,240 | €930,186 | -€267,054 | -22.3% |
| Equity | 10/15 | €122,024 | €154,572 | +€32,548 | +26.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €61,945 | €94,493 | +€32,548 | +52.5% |
| Non-distributable reserves | 130/1 | €4,031 | €5,658 | +€1,627 | +40.4% |
| Legal reserve | 130 | €4,031 | €5,658 | +€1,627 | +40.4% |
| Distributable reserves | 133 | €57,914 | €88,835 | +€30,921 | +53.4% |
| Profit (loss) carried forward | 14 | -€1,921 | -€1,921 | = | 0.0% |
| Amounts payable | 17/49 | €1,075,216 | €775,614 | -€299,602 | -27.9% |
| Amounts payable after more than one year | 17 | €909,550 | €495,799 | -€413,751 | -45.5% |
| Financial debts | 170/4 | €907,450 | €493,699 | -€413,751 | -45.6% |
| Other amounts payable | 178/9 | €2,100 | €2,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €164,398 | €277,648 | +€113,250 | +68.9% |
| Current portion of amounts payable after more than one year | 42 | €61,392 | €46,247 | -€15,145 | -24.7% |
| Trade debts | 44 | €6,979 | €136,480 | +€129,500 | +1,855% |
| Suppliers | 440/4 | €6,979 | €136,480 | +€129,500 | +1,855% |
| Taxes, remuneration and social security | 45 | €7,858 | €22,752 | +€14,895 | +190% |
| Taxes | 450/3 | €7,858 | €22,752 | +€14,895 | +190% |
| Other amounts payable | 47/48 | €88,169 | €72,168 | -€16,001 | -18.1% |
| Accrued charges and deferred income | 492/3 | €1,268 | €2,167 | +€899 | +70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,698 | €13,135 | -€18,564 | -58.6% |
| Other operating charges | 640/8 | €8,460 | €9,981 | +€1,521 | +18.0% |
| Gross operating margin | 9900 | €116,129 | €96,592 | -€19,537 | -16.8% |
| Operating profit (loss) | 9901 | €75,971 | €73,477 | -€2,495 | -3.3% |
| Financial income | 75/76B | €58 | €0 | -€58 | -100.0% |
| Recurring financial income | 75 | €58 | €0 | -€58 | -100.0% |
| Financial charges | 65/66B | €28,524 | €23,515 | -€5,009 | -17.6% |
| Recurring financial charges | 65 | €28,524 | €23,515 | -€5,009 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €47,506 | €49,962 | +€2,456 | +5.2% |
| Income taxes | 67/77 | - | €17,413 | +€17,413 | |
| Profit (loss) for the period | 9904 | €47,506 | €32,548 | -€14,957 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,506 | €32,548 | -€14,957 | -31.5% |
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 25 October 2026 via checked.be.