Sinyol: 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.
Sinyol
Largest movements
- Receivables within one year +€32,086
up €32,086 (+110%), from €29,140 to €61,226
of which Other amounts receivable: +€41,620
- Tangible fixed assets -€14,367
down €14,367 (-33.2%), from €43,286 to €28,919
of which Other tangible fixed assets: -€17,325
- Cash +€7,831
up €7,831 (+125%), from €6,278 to €14,109
mainly Trade debts (+€17,570) and Investment in fixed assets (net) (+€11,715)
- Stocks and contracts +€1,500
up €1,500 (+12.4%), from €12,118 to €13,618
- Trade debts +€17,570
up €17,570 (+171%), from €10,257 to €27,827
- Tax, wage and social debts +€3,777
up €3,777 (+74.1%), from €5,100 to €8,877
- Reserves +€3,746
up €3,746 (+19.4%), from €19,279 to €23,025
- Other debts +€1,957
up €1,957 (+17.8%), from €10,987 to €12,944
- Gross operating margin -€8,687
down €8,687 (-42.8%), from €20,282 to €11,594
- Depreciation +€1,465
up €1,465 (+123%), from €1,187 to €2,652
- Taxes -€683
down €683 (-12.9%), from €5,292 to €4,610
- Financial income +€620
up €620 (+19,879%), from €3 to €623
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 | €91,205 | €118,255 | +€27,050 | +29.7% |
| Fixed assets | 21/28 | €43,286 | €28,919 | -€14,367 | -33.2% |
| Tangible fixed assets | 22/27 | €43,286 | €28,919 | -€14,367 | -33.2% |
| Plant, machinery and equipment | 23 | €245 | €19 | -€226 | -92.3% |
| Furniture and vehicles | 24 | €3,289 | €6,473 | +€3,184 | +96.8% |
| Other tangible fixed assets | 26 | €39,752 | €22,427 | -€17,325 | -43.6% |
| Current assets | 29/58 | €47,920 | €89,337 | +€41,417 | +86.4% |
| Stocks and contracts in progress | 3 | €12,118 | €13,618 | +€1,500 | +12.4% |
| Stocks | 30/36 | €12,118 | €13,618 | +€1,500 | +12.4% |
| Amounts receivable within one year | 40/41 | €29,140 | €61,226 | +€32,086 | +110% |
| Trade receivables | 40 | €25,500 | €15,966 | -€9,534 | -37.4% |
| Other amounts receivable | 41 | €3,640 | €45,259 | +€41,620 | +1,143% |
| Cash at bank and in hand | 54/58 | €6,278 | €14,109 | +€7,831 | +125% |
| Deferred charges and accrued income | 490/1 | €384 | €384 | = | 0.0% |
| Total equity and liabilities | 10/49 | €91,205 | €118,255 | +€27,050 | +29.7% |
| Equity | 10/15 | €64,861 | €68,608 | +€3,746 | +5.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,279 | €23,025 | +€3,746 | +19.4% |
| Distributable reserves | 133 | €19,279 | €23,025 | +€3,746 | +19.4% |
| Profit (loss) carried forward | 14 | €42,582 | €42,582 | = | 0.0% |
| Amounts payable | 17/49 | €26,344 | €49,648 | +€23,304 | +88.5% |
| Amounts payable within one year | 42/48 | €26,344 | €49,648 | +€23,304 | +88.5% |
| Trade debts | 44 | €10,257 | €27,827 | +€17,570 | +171% |
| Suppliers | 440/4 | €10,257 | €27,827 | +€17,570 | +171% |
| Taxes, remuneration and social security | 45 | €5,100 | €8,877 | +€3,777 | +74.1% |
| Taxes | 450/3 | €5,100 | €8,877 | +€3,777 | +74.1% |
| Other amounts payable | 47/48 | €10,987 | €12,944 | +€1,957 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,187 | €2,652 | +€1,465 | +123% |
| Other operating charges | 640/8 | €1,018 | €833 | -€185 | -18.2% |
| Gross operating margin | 9900 | €20,282 | €11,594 | -€8,687 | -42.8% |
| Operating profit (loss) | 9901 | €18,077 | €8,109 | -€9,967 | -55.1% |
| Financial income | 75/76B | €3 | €623 | +€620 | +19,879% |
| Recurring financial income | 75 | €3 | €623 | +€620 | +19,879% |
| Financial charges | 65/66B | €348 | €377 | +€29 | +8.3% |
| Recurring financial charges | 65 | €348 | €377 | +€29 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €17,732 | €8,356 | -€9,376 | -52.9% |
| Income taxes | 67/77 | €5,292 | €4,610 | -€683 | -12.9% |
| Profit (loss) for the period | 9904 | €12,440 | €3,746 | -€8,693 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,440 | €3,746 | -€8,693 | -69.9% |
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 16 October 2026 via checked.be.