SINT - MAARTEN: 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 - MAARTEN
Largest movements
- Cash +€48,009
up €48,009 (+19.8%), from €242,452 to €290,461
mainly Net result for the year (+€50,066) and Tax, wage and social debts (+€15,927)
- Receivables within one year +€9,704
up €9,704 (+212%), from €4,569 to €14,273
of which Trade receivables: +€14,273
- Reserves +€50,066
up €50,066 (+49.9%), from €100,312 to €150,378
- Tax, wage and social debts +€15,927
up €15,927 (+247%), from €6,457 to €22,385
- Other debts -€8,329
down €8,329 (-4.6%), from €181,764 to €173,435
- Gross operating margin +€39,849
up €39,849 (+88.5%), from €45,036 to €84,885
- Taxes +€20,728
up €20,728 (+682%), from €3,040 to €23,768
- Financial charges -€6,053
down €6,053 (-44.0%), from €13,757 to €7,705
- Depreciation -€965
down €965 (-11.4%), from €8,456 to €7,490
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 | €296,657 | €354,322 | +€57,664 | +19.4% |
| Fixed assets | 21/28 | €49,636 | €49,587 | -€49 | -0.1% |
| Tangible fixed assets | 22/27 | €49,636 | €49,587 | -€49 | -0.1% |
| Land and buildings | 22 | €45,794 | €40,853 | -€4,941 | -10.8% |
| Plant, machinery and equipment | 23 | €3,274 | €8,665 | +€5,392 | +165% |
| Furniture and vehicles | 24 | €569 | €69 | -€500 | -88.0% |
| Current assets | 29/58 | €247,021 | €304,735 | +€57,713 | +23.4% |
| Amounts receivable within one year | 40/41 | €4,569 | €14,273 | +€9,704 | +212% |
| Trade receivables | 40 | - | €14,273 | +€14,273 | |
| Other amounts receivable | 41 | €4,569 | - | -€4,569 | |
| Cash at bank and in hand | 54/58 | €242,452 | €290,461 | +€48,009 | +19.8% |
| Total equity and liabilities | 10/49 | €296,657 | €354,322 | +€57,664 | +19.4% |
| Equity | 10/15 | €108,436 | €158,503 | +€50,066 | +46.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,312 | €150,378 | +€50,066 | +49.9% |
| Distributable reserves | 133 | €100,312 | €150,378 | +€50,066 | +49.9% |
| Profit (loss) carried forward | 14 | -€10,476 | -€10,476 | = | 0.0% |
| Amounts payable | 17/49 | €188,221 | €195,819 | +€7,598 | +4.0% |
| Amounts payable within one year | 42/48 | €188,221 | €195,819 | +€7,598 | +4.0% |
| Taxes, remuneration and social security | 45 | €6,457 | €22,385 | +€15,927 | +247% |
| Taxes | 450/3 | €6,457 | €22,385 | +€15,927 | +247% |
| Other amounts payable | 47/48 | €181,764 | €173,435 | -€8,329 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,456 | €7,490 | -€965 | -11.4% |
| Other operating charges | 640/8 | €505 | €733 | +€228 | +45.1% |
| Gross operating margin | 9900 | €45,036 | €84,885 | +€39,849 | +88.5% |
| Operating profit (loss) | 9901 | €36,075 | €76,662 | +€40,587 | +113% |
| Financial income | 75/76B | €4,045 | €4,878 | +€833 | +20.6% |
| Recurring financial income | 75 | €4,045 | €4,878 | +€833 | +20.6% |
| Financial charges | 65/66B | €13,757 | €7,705 | -€6,053 | -44.0% |
| Recurring financial charges | 65 | €13,757 | €7,705 | -€6,053 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €26,362 | €73,834 | +€47,472 | +180% |
| Income taxes | 67/77 | €3,040 | €23,768 | +€20,728 | +682% |
| Profit (loss) for the period | 9904 | €23,322 | €50,066 | +€26,745 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €23,322 | €50,066 | +€26,745 | +115% |
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 21 October 2026 via checked.be.