SIRATY: 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.
SIRATY
Largest movements
- Receivables within one year +€62,656
up €62,656 (+4,643%), from €1,350 to €64,006
of which Other amounts receivable: +€40,965
- Cash +€29,569
up €29,569 (+96.7%), from €30,572 to €60,141
mainly Net result for the year (+€70,875) and Tax, wage and social debts (+€22,153)
- Tangible fixed assets -€2,076
down €2,076 (-15.7%), from €13,241 to €11,165
of which Furniture and vehicles: -€1,711
- Deferred charges and accrued income +€1,621
new in 2025: €1,621
- Reserves +€70,875
up €70,875 (+297%), from €23,903 to €94,777
- Tax, wage and social debts +€22,153
up €22,153 (+221%), from €10,002 to €32,155
- Gross operating margin +€57,417
up €57,417 (+166%), from €34,519 to €91,936
- Taxes +€13,319
up €13,319 (+214%), from €6,219 to €19,538
- Financial income +€2,228
new in 2025: €2,228
- Financial charges -€2,165
down €2,165 (-93.7%), from €2,310 to €144
- Depreciation +€1,493
up €1,493 (+94.3%), from €1,583 to €3,076
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 | €45,162 | €136,933 | +€91,770 | +203% |
| Fixed assets | 21/28 | €13,241 | €11,165 | -€2,076 | -15.7% |
| Tangible fixed assets | 22/27 | €13,241 | €11,165 | -€2,076 | -15.7% |
| Plant, machinery and equipment | 23 | €1,460 | €1,095 | -€365 | -25.0% |
| Furniture and vehicles | 24 | €11,781 | €10,070 | -€1,711 | -14.5% |
| Current assets | 29/58 | €31,921 | €125,768 | +€93,846 | +294% |
| Amounts receivable within one year | 40/41 | €1,350 | €64,006 | +€62,656 | +4,643% |
| Trade receivables | 40 | - | €21,691 | +€21,691 | |
| Other amounts receivable | 41 | €1,350 | €42,315 | +€40,965 | +3,035% |
| Cash at bank and in hand | 54/58 | €30,572 | €60,141 | +€29,569 | +96.7% |
| Deferred charges and accrued income | 490/1 | - | €1,621 | +€1,621 | |
| Total equity and liabilities | 10/49 | €45,162 | €136,933 | +€91,770 | +203% |
| Equity | 10/15 | €33,903 | €104,777 | +€70,875 | +209% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €23,903 | €94,777 | +€70,875 | +297% |
| Distributable reserves | 133 | €23,903 | €94,777 | +€70,875 | +297% |
| Amounts payable | 17/49 | €11,260 | €32,155 | +€20,896 | +186% |
| Amounts payable within one year | 42/48 | €11,260 | €32,155 | +€20,896 | +186% |
| Trade debts | 44 | €1,257 | - | -€1,257 | |
| Suppliers | 440/4 | €1,257 | - | -€1,257 | |
| Taxes, remuneration and social security | 45 | €10,002 | €32,155 | +€22,153 | +221% |
| Taxes | 450/3 | €10,002 | €32,155 | +€22,153 | +221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,583 | €3,076 | +€1,493 | +94.3% |
| Other operating charges | 640/8 | €505 | €531 | +€26 | +5.1% |
| Gross operating margin | 9900 | €34,519 | €91,936 | +€57,417 | +166% |
| Operating profit (loss) | 9901 | €32,431 | €88,329 | +€55,898 | +172% |
| Financial income | 75/76B | - | €2,228 | +€2,228 | |
| Recurring financial income | 75 | - | €2,228 | +€2,228 | |
| Financial charges | 65/66B | €2,310 | €144 | -€2,165 | -93.7% |
| Recurring financial charges | 65 | €2,310 | €144 | -€2,165 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | €30,121 | €90,413 | +€60,292 | +200% |
| Income taxes | 67/77 | €6,219 | €19,538 | +€13,319 | +214% |
| Profit (loss) for the period | 9904 | €23,903 | €70,875 | +€46,972 | +197% |
| Profit (loss) for the period to be appropriated | 9905 | €23,903 | €70,875 | +€46,972 | +197% |
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 29 October 2026 via checked.be.