SIRAJ: 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.
SIRAJ
Largest movements
- Cash -€14,203
down €14,203 (-83.3%), from €17,042 to €2,838
mainly Net result for the year (-€12,857) and Stocks and contracts (-€12,160)
- Stocks and contracts +€12,160
up €12,160 (+454%), from €2,678 to €14,838
- Receivables within one year -€9,715
down €9,715 (-29.1%), from €33,418 to €23,703
of which Trade receivables: -€16,266
- Deferred charges and accrued income +€2,878
up €2,878 (+6,256%), from €46 to €2,924
- Tangible fixed assets -€2,718
down €2,718 (-63.4%), from €4,288 to €1,570
of which Plant, machinery and equipment: -€1,856
- Profit (loss) carried forward -€12,857
down €12,857 (-25.1%), from €51,267 to €38,410
- Other debts +€790
new in 2024: €790
- Gross operating margin -€5,367
down €5,367, from €3,128 to -€2,239
- Staff costs +€1,847
up €1,847 (+48.5%), from €3,805 to €5,652
- Financial income +€641
up €641 (+158%), from €405 to €1,046
- Other operating charges -€344
down €344 (-37.7%), from €913 to €569
- Taxes +€310
no longer reported in 2024 (was -€310)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,621 | €46,023 | -€11,598 | -20.1% |
| Fixed assets | 21/28 | €4,438 | €1,720 | -€2,718 | -61.2% |
| Tangible fixed assets | 22/27 | €4,288 | €1,570 | -€2,718 | -63.4% |
| Plant, machinery and equipment | 23 | €3,250 | €1,394 | -€1,856 | -57.1% |
| Furniture and vehicles | 24 | €1,037 | €176 | -€862 | -83.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €53,183 | €44,303 | -€8,881 | -16.7% |
| Stocks and contracts in progress | 3 | €2,678 | €14,838 | +€12,160 | +454% |
| Stocks | 30/36 | €2,678 | €14,838 | +€12,160 | +454% |
| Amounts receivable within one year | 40/41 | €33,418 | €23,703 | -€9,715 | -29.1% |
| Trade receivables | 40 | €19,686 | €3,420 | -€16,266 | -82.6% |
| Other amounts receivable | 41 | €13,731 | €20,283 | +€6,551 | +47.7% |
| Cash at bank and in hand | 54/58 | €17,042 | €2,838 | -€14,203 | -83.3% |
| Deferred charges and accrued income | 490/1 | €46 | €2,924 | +€2,878 | +6,256% |
| Total equity and liabilities | 10/49 | €57,621 | €46,023 | -€11,598 | -20.1% |
| Equity | 10/15 | €57,267 | €44,410 | -€12,857 | -22.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,267 | €38,410 | -€12,857 | -25.1% |
| Provisions and deferred taxes | 16 | €354 | €354 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €354 | €354 | = | 0.0% |
| Pensions and similar obligations | 160 | €354 | €354 | = | 0.0% |
| Amounts payable | 17/49 | - | €1,258 | +€1,258 | |
| Amounts payable within one year | 42/48 | - | €1,258 | +€1,258 | |
| Trade debts | 44 | - | €163 | +€163 | |
| Suppliers | 440/4 | - | €163 | +€163 | |
| Taxes, remuneration and social security | 45 | - | €306 | +€306 | |
| Taxes | 450/3 | - | €306 | +€306 | |
| Other amounts payable | 47/48 | - | €790 | +€790 | |
| Remuneration, social security and pensions | 62 | €3,805 | €5,652 | +€1,847 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,479 | €4,186 | -€293 | -6.6% |
| Other operating charges | 640/8 | €913 | €569 | -€344 | -37.7% |
| Gross operating margin | 9900 | €3,128 | -€2,239 | -€5,367 | |
| Operating profit (loss) | 9901 | -€6,068 | -€12,645 | -€6,577 | -108% |
| Financial income | 75/76B | €405 | €1,046 | +€641 | +158% |
| Recurring financial income | 75 | €405 | €1,046 | +€641 | +158% |
| Financial charges | 65/66B | €1,234 | €1,257 | +€23 | +1.8% |
| Recurring financial charges | 65 | €1,234 | €1,257 | +€23 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,897 | -€12,857 | -€5,959 | -86.4% |
| Income taxes | 67/77 | -€310 | - | +€310 | |
| Profit (loss) for the period | 9904 | -€6,588 | -€12,857 | -€6,269 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,588 | -€12,857 | -€6,269 | -95.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.