SINVA: what changed
Two fiscal 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.
SINVA
Largest movements
- Receivables within one year -€21,193
down €21,193 (-65.7%), from €32,234 to €11,041
of which Other amounts receivable: -€21,610
- Cash +€817
up €817 (+311.7%), from €262 to €1,079
mainly Receivables within one year (+€21,193) and Deferred charges and accrued income (+€497)
- Deferred charges and accrued income -€497
down €497 (-27.4%), from €1,810 to €1,314
- Other debts -€14,818
down €14,818 (-100.0%), from €14,818 to €0
- Profit (loss) carried forward -€4,002
down €4,002 (-102.3%), from -€3,913 to -€7,915
- Reserves -€2,000
down €2,000 (-100.0%), from €2,000 to €0
- Tax, wage and social debts -€390
down €390 (-53.6%), from €728 to €338
- Gross operating margin -€3,066
down €3,066 (-57.4%), from -€5,337 to -€8,403
- Financial income +€2,183
up €2,183 (+131.9%), from €1,656 to €3,839
of which Non-recurring financial income: +€2,263
- Taxes -€237
down €237 (-41.2%), from €576 to €338
- Other operating charges -€173
down €173 (-22.9%), from €754 to €581
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 | €34,306 | €13,433 | -€20,873 | -60.8% |
| Current assets | 29/58 | €34,306 | €13,433 | -€20,873 | -60.8% |
| Amounts receivable within one year | 40/41 | €32,234 | €11,041 | -€21,193 | -65.7% |
| Trade receivables | 40 | €90 | €507 | +€417 | +466.1% |
| Other amounts receivable | 41 | €32,144 | €10,534 | -€21,610 | -67.2% |
| Cash at bank and in hand | 54/58 | €262 | €1,079 | +€817 | +311.7% |
| Deferred charges and accrued income | 490/1 | €1,810 | €1,314 | -€497 | -27.4% |
| Total equity and liabilities | 10/49 | €34,306 | €13,433 | -€20,873 | -60.8% |
| Equity | 10/15 | €18,087 | €12,085 | -€6,002 | -33.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €0 | -€2,000 | -100.0% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100.0% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100.0% |
| Profit (loss) carried forward | 14 | -€3,913 | -€7,915 | -€4,002 | -102.3% |
| Amounts payable | 17/49 | €16,219 | €1,348 | -€14,871 | -91.7% |
| Amounts payable within one year | 42/48 | €16,219 | €1,348 | -€14,871 | -91.7% |
| Trade debts | 44 | €673 | €1,010 | +€337 | +50.1% |
| Suppliers | 440/4 | €673 | €1,010 | +€337 | +50.1% |
| Taxes, remuneration and social security | 45 | €728 | €338 | -€390 | -53.6% |
| Taxes | 450/3 | €728 | €338 | -€390 | -53.6% |
| Other amounts payable | 47/48 | €14,818 | €0 | -€14,818 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €754 | €581 | -€173 | -22.9% |
| Gross operating margin | 9900 | -€5,337 | -€8,403 | -€3,066 | -57.4% |
| Operating profit (loss) | 9901 | -€6,091 | -€8,984 | -€2,893 | -47.5% |
| Financial income | 75/76B | €1,656 | €3,839 | +€2,183 | +131.9% |
| Recurring financial income | 75 | €1,656 | €1,576 | -€80 | -4.8% |
| Non-recurring financial income | 76B | - | €2,263 | +€2,263 | |
| Financial charges | 65/66B | €505 | €519 | +€14 | +2.7% |
| Recurring financial charges | 65 | €505 | €519 | +€14 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,940 | -€5,664 | -€723 | -14.6% |
| Income taxes | 67/77 | €576 | €338 | -€237 | -41.2% |
| Profit (loss) for the period | 9904 | -€5,516 | -€6,002 | -€486 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,516 | -€6,002 | -€486 | -8.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.