Sinuos: 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.
Sinuos
Largest movements
- Tangible fixed assets +€299,251
new in 2025: €299,251
of which Land and buildings: +€275,880
- Current investments -€136,561
down €136,561 (-34.4%), from €396,455 to €259,893
- Receivables within one year +€23,236
up €23,236 (+55.7%), from €41,683 to €64,919
of which Trade receivables: +€19,108
- Cash +€10,968
up €10,968 (+21.2%), from €51,809 to €62,777
mainly Net result for the year (+€207,567) and Current investments (+€136,561)
- Profit (loss) carried forward +€207,567
up €207,567 (+46.3%), from €448,493 to €656,060
- Trade debts -€8,672
down €8,672 (-49.2%), from €17,634 to €8,962
- Turnover +€52,537
up €52,537 (+13.6%), from €385,962 to €438,498
- Gross operating margin +€38,847
up €38,847 (+17.2%), from €226,360 to €265,207
- Purchases and services +€13,690
up €13,690 (+8.6%), from €159,602 to €173,292
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.
Cash bridge derived
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 | €491,127 | €690,022 | +€198,895 | +40.5% |
| Fixed assets | 21/28 | €0 | €299,251 | +€299,251 | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | - | €299,251 | +€299,251 | |
| Land and buildings | 22 | - | €275,880 | +€275,880 | |
| Furniture and vehicles | 24 | - | €23,371 | +€23,371 | |
| Current assets | 29/58 | €491,127 | €390,771 | -€100,356 | -20.4% |
| Stocks and contracts in progress | 3 | €1,181 | €3,182 | +€2,001 | +169.5% |
| Stocks | 30/36 | €1,181 | €3,182 | +€2,001 | +169.5% |
| Amounts receivable within one year | 40/41 | €41,683 | €64,919 | +€23,236 | +55.7% |
| Trade receivables | 40 | €33,652 | €52,759 | +€19,108 | +56.8% |
| Other amounts receivable | 41 | €8,031 | €12,160 | +€4,128 | +51.4% |
| Current investments | 50/53 | €396,455 | €259,893 | -€136,561 | -34.4% |
| Cash at bank and in hand | 54/58 | €51,809 | €62,777 | +€10,968 | +21.2% |
| Total equity and liabilities | 10/49 | €491,127 | €690,022 | +€198,895 | +40.5% |
| Equity | 10/15 | €473,493 | €681,060 | +€207,567 | +43.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €448,493 | €656,060 | +€207,567 | +46.3% |
| Amounts payable | 17/49 | €17,634 | €8,962 | -€8,672 | -49.2% |
| Amounts payable within one year | 42/48 | €17,634 | €8,962 | -€8,672 | -49.2% |
| Trade debts | 44 | €17,634 | €8,962 | -€8,672 | -49.2% |
| Suppliers | 440/4 | €17,634 | €8,962 | -€8,672 | -49.2% |
| Turnover | 70 | €385,962 | €438,498 | +€52,537 | +13.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €159,602 | €173,292 | +€13,690 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €436 | +€436 | |
| Other operating charges | 640/8 | €441 | €567 | +€126 | +28.5% |
| Gross operating margin | 9900 | €226,360 | €265,207 | +€38,847 | +17.2% |
| Operating profit (loss) | 9901 | €225,919 | €264,203 | +€38,284 | +16.9% |
| Financial income | 75/76B | €5,375 | €6,462 | +€1,087 | +20.2% |
| Recurring financial income | 75 | €5,375 | €6,462 | +€1,087 | +20.2% |
| Financial charges | 65/66B | - | -€0 | -€0 | |
| Recurring financial charges | 65 | - | -€0 | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €231,294 | €270,666 | +€39,372 | +17.0% |
| Income taxes | 67/77 | €65,629 | €63,099 | -€2,530 | -3.9% |
| Profit (loss) for the period | 9904 | €165,665 | €207,567 | +€41,902 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €165,665 | €207,567 | +€41,902 | +25.3% |
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 10 October 2026 via checked.be.