SINTRA: 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.
SINTRA
Largest movements
- Tangible fixed assets +€90,555
up €90,555 (+14.4%), from €629,185 to €719,741
of which Land and buildings: +€95,352
- Receivables within one year -€29,381
down €29,381 (-55.4%), from €53,009 to €23,628
of which Trade receivables: -€49,530
- Debts after one year +€91,649
up €91,649 (+16.2%), from €565,514 to €657,163
of which Other amounts payable: +€52,438
- Trade debts -€40,796
down €40,796 (-98.0%), from €41,627 to €832
- Other debts -€37,607
down €37,607 (-67.4%), from €55,781 to €18,174
- Profit (loss) carried forward +€22,091
up €22,091 (+166%), from €13,318 to €35,410
- Tax, wage and social debts +€16,588
up €16,588 (+205%), from €8,102 to €24,690
of which Taxes: +€17,788
- Gross operating margin +€62,997
up €62,997 (+147%), from €42,806 to €105,802
- Other operating charges +€13,470
up €13,470 (+551%), from €2,443 to €15,913
- Financial charges +€13,323
up €13,323 (+66.9%), from €19,919 to €33,242
of which Financial charges: +€13,386
- Depreciation +€11,455
up €11,455 (+128%), from €8,944 to €20,399
- Taxes +€5,117
up €5,117 (+250%), from €2,051 to €7,168
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 | €705,226 | €765,598 | +€60,372 | +8.6% |
| Fixed assets | 21/28 | €629,185 | €719,741 | +€90,555 | +14.4% |
| Tangible fixed assets | 22/27 | €629,185 | €719,741 | +€90,555 | +14.4% |
| Land and buildings | 22 | €620,530 | €715,882 | +€95,352 | +15.4% |
| Other tangible fixed assets | 26 | - | €3,859 | +€3,859 | |
| Assets under construction and advance payments | 27 | €8,655 | €0 | -€8,655 | -100% |
| Current assets | 29/58 | €76,041 | €45,857 | -€30,184 | -39.7% |
| Amounts receivable within one year | 40/41 | €53,009 | €23,628 | -€29,381 | -55.4% |
| Trade receivables | 40 | €53,009 | €3,479 | -€49,530 | -93.4% |
| Other amounts receivable | 41 | - | €20,149 | +€20,149 | |
| Cash at bank and in hand | 54/58 | €22,946 | €17,605 | -€5,342 | -23.3% |
| Deferred charges and accrued income | 490/1 | €85 | €4,624 | +€4,539 | +5,339% |
| Total equity and liabilities | 10/49 | €705,226 | €765,598 | +€60,372 | +8.6% |
| Equity | 10/15 | €14,818 | €36,910 | +€22,091 | +149% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,318 | €35,410 | +€22,091 | +166% |
| Amounts payable | 17/49 | €690,408 | €728,688 | +€38,280 | +5.5% |
| Amounts payable after more than one year | 17 | €565,514 | €657,163 | +€91,649 | +16.2% |
| Financial debts | 170/4 | €559,926 | €599,137 | +€39,211 | +7.0% |
| Other amounts payable | 178/9 | €5,588 | €58,026 | +€52,438 | +938% |
| Amounts payable within one year | 42/48 | €124,894 | €68,465 | -€56,428 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €19,384 | €22,906 | +€3,522 | +18.2% |
| Financial debts | 43 | - | €1,865 | +€1,865 | |
| Credit institutions | 430/8 | - | €1,865 | +€1,865 | |
| Trade debts | 44 | €41,627 | €832 | -€40,796 | -98.0% |
| Suppliers | 440/4 | €41,627 | €832 | -€40,796 | -98.0% |
| Taxes, remuneration and social security | 45 | €8,102 | €24,690 | +€16,588 | +205% |
| Taxes | 450/3 | €5,702 | €23,490 | +€17,788 | +312% |
| Remuneration and social security | 454/9 | €2,400 | €1,200 | -€1,200 | -50.0% |
| Other amounts payable | 47/48 | €55,781 | €18,174 | -€37,607 | -67.4% |
| Accrued charges and deferred income | 492/3 | - | €3,060 | +€3,060 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,944 | €20,399 | +€11,455 | +128% |
| Other operating charges | 640/8 | €2,443 | €15,913 | +€13,470 | +551% |
| Non-recurring operating charges | 66A | €4,057 | €7,000 | +€2,943 | +72.5% |
| Gross operating margin | 9900 | €42,806 | €105,802 | +€62,997 | +147% |
| Operating profit (loss) | 9901 | €27,361 | €62,491 | +€35,130 | +128% |
| Financial income | 75/76B | €32 | €10 | -€22 | -68.7% |
| Recurring financial income | 75 | €32 | €10 | -€22 | -68.7% |
| Financial charges | 65/66B | €19,919 | €33,242 | +€13,323 | +66.9% |
| Recurring financial charges | 65 | €19,856 | €33,242 | +€13,386 | +67.4% |
| Non-recurring financial charges | 66B | €63 | - | -€63 | |
| Profit (loss) for the period before taxes | 9903 | €7,474 | €29,259 | +€21,785 | +291% |
| Income taxes | 67/77 | €2,051 | €7,168 | +€5,117 | +250% |
| Profit (loss) for the period | 9904 | €5,423 | €22,091 | +€16,668 | +307% |
| Profit (loss) for the period to be appropriated | 9905 | €5,423 | €22,091 | +€16,668 | +307% |
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 20 October 2026 via checked.be.