SINVER: 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.
SINVER
Largest movements
- Receivables within one year -€1,734
down €1,734 (-88.4%), from €1,961 to €227
of which Trade receivables: -€1,723
- Tangible fixed assets -€741
down €741 (-73.0%), from €1,014 to €274
of which Furniture and vehicles: -€380
- Cash -€134
down €134 (-22.7%), from €593 to €459
mainly Net result for the year (-€4,022) and Trade debts (-€65)
- Profit (loss) carried forward -€4,022
down €4,022 (-3.4%), from -€118,381 to -€122,403
- Short-term financial debts +€1,395
new in 2022: €1,395
- Trade debts -€65
down €65 (-27.7%), from €234 to €169
- Tax, wage and social debts +€53
new in 2022: €53
- Turnover -€6,494
no longer reported in 2022 (was €6,494)
- Gross operating margin +€3,015
no longer reported in 2022 (was -€3,015)
- Staff costs +€2,622
new in 2022: €2,622
- Other operating charges +€460
up €460 (+231.1%), from €199 to €660
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,569 | €960 | -€2,609 | -73.1% |
| Fixed assets | 21/28 | €1,014 | €274 | -€741 | -73.0% |
| Tangible fixed assets | 22/27 | €1,014 | €274 | -€741 | -73.0% |
| Plant, machinery and equipment | 23 | €634 | €274 | -€361 | -56.9% |
| Furniture and vehicles | 24 | €380 | - | -€380 | |
| Current assets | 29/58 | €2,555 | €686 | -€1,868 | -73.1% |
| Amounts receivable within one year | 40/41 | €1,961 | €227 | -€1,734 | -88.4% |
| Trade receivables | 40 | €1,950 | €227 | -€1,723 | -88.3% |
| Other amounts receivable | 41 | €11 | - | -€11 | |
| Cash at bank and in hand | 54/58 | €593 | €459 | -€134 | -22.7% |
| Total equity and liabilities | 10/49 | €3,569 | €960 | -€2,609 | -73.1% |
| Equity | 10/15 | €3,335 | -€687 | -€4,022 | |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | - | -€61,973 | |
| Issued capital | 100 | €61,973 | - | -€61,973 | |
| Reserves | 13 | €59,742 | €59,742 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Legal reserve | 130 | €124 | - | -€124 | |
| Other | 1319 | - | €124 | +€124 | |
| Tax-exempt reserves | 132 | €59,618 | €59,618 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,381 | -€122,403 | -€4,022 | -3.4% |
| Amounts payable | 17/49 | €234 | €1,647 | +€1,413 | +604.1% |
| Amounts payable within one year | 42/48 | €234 | €1,647 | +€1,413 | +604.1% |
| Financial debts | 43 | - | €1,395 | +€1,395 | |
| Other loans | 439 | - | €1,395 | +€1,395 | |
| Trade debts | 44 | €234 | €169 | -€65 | -27.7% |
| Suppliers | 440/4 | €234 | €169 | -€65 | -27.7% |
| Taxes, remuneration and social security | 45 | - | €53 | +€53 | |
| Taxes | 450/3 | - | €53 | +€53 | |
| Other amounts payable | 47/48 | - | €30 | +€30 | |
| Turnover | 70 | €6,494 | - | -€6,494 | |
| Remuneration, social security and pensions | 62 | - | €2,622 | +€2,622 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €741 | €741 | +€0 | 0.0% |
| Other operating charges | 640/8 | €199 | €660 | +€460 | +231.1% |
| Gross operating margin | 9900 | -€3,015 | - | +€3,015 | |
| Operating profit (loss) | 9901 | -€3,955 | -€4,022 | -€67 | -1.7% |
| Financial charges | 65/66B | - | €0 | +€0 | |
| Recurring financial charges | 65 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€3,955 | -€4,022 | -€67 | -1.7% |
| Profit (loss) for the period | 9904 | -€3,955 | -€4,022 | -€67 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,955 | -€4,022 | -€67 | -1.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.