SIRAYA: what changed
What changed
SIRAYA
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€90,997
2024 · -€2,474-€88,523
Equity
€769,587
2024 · €860,584-€90,997
Cash
€617
2024 · €551+€66
Balance sheet total
€1.7m
2024 · €1.8m-€20,568
Largest movements
Assets
- Receivables within one year +€58,057
up €58,057 (+65.2%), from €89,044 to €147,100
of which Trade receivables: +€74,307
- Tangible fixed assets -€56,282
down €56,282 (-3.5%), from €1.6m to €1.5m
of which Land and buildings: -€51,147
- Stocks and contracts -€18,942
down €18,942 (-33.1%), from €57,143 to €38,200
Equity and liabilities
- Profit (loss) carried forward -€90,997
down €90,997 (-58.2%), from -€156,416 to -€247,413
- Other debts +€42,098
up €42,098 (+5.7%), from €734,221 to €776,319
- Trade debts +€35,069
up €35,069 (+50.7%), from €69,135 to €104,204
- Debts after one year -€25,408
down €25,408 (-38.3%), from €66,389 to €40,981
- Advances received +€19,393
new in 2025: €19,393
Income statement
- Gross operating margin -€65,263
down €65,263 (-88.1%), from €74,038 to €8,775
- Other operating charges +€17,877
up €17,877 (+133%), from €13,434 to €31,311
- Write-downs +€5,712
no longer reported in 2025 (was -€5,712)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€2,474
Gross operating margin
-€65,263
Depreciation
-€150
Write-downs
-€5,712
Other operating charges
-€17,877
Financial income
+€18
Financial charges
+€339
Taxes
+€122
Result 2025
-€90,997
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€31,704
Investment
-€3,270
Financing
-€28,368
Cash 2024
€551
From operations (derived)
+€31,704
Net result for the year
-€90,997
Depreciation
+€59,552
Stocks and contracts
+€18,942
Receivables within one year
-€58,057
Deferred charges and accrued income
+€3,466
Trade debts
+€35,069
Tax, wage and social debts
+€2,204
Advances received
+€19,393
Other debts
+€42,098
Accrued charges and deferred income
+€33
Investment (derived)
-€3,270
Investment in fixed assets (net)
-€3,270
Financing
-€28,368
Debts after one year
-€25,408
Current portion of long-term debt
-€2,961
Cash 2025
€617
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,761,005 | €1,740,437 | -€20,568 | -1.2% |
| Fixed assets | 21/28 | €1,594,655 | €1,538,373 | -€56,282 | -3.5% |
| Tangible fixed assets | 22/27 | €1,592,995 | €1,536,713 | -€56,282 | -3.5% |
| Land and buildings | 22 | €1,565,812 | €1,514,665 | -€51,147 | -3.3% |
| Furniture and vehicles | 24 | €27,183 | €22,049 | -€5,135 | -18.9% |
| Financial fixed assets | 28 | €1,660 | €1,660 | = | 0.0% |
| Current assets | 29/58 | €166,350 | €202,063 | +€35,714 | +21.5% |
| Stocks and contracts in progress | 3 | €57,143 | €38,200 | -€18,942 | -33.1% |
| Stocks | 30/36 | €57,143 | €38,200 | -€18,942 | -33.1% |
| Amounts receivable within one year | 40/41 | €89,044 | €147,100 | +€58,057 | +65.2% |
| Trade receivables | 40 | €57,780 | €132,087 | +€74,307 | +129% |
| Other amounts receivable | 41 | €31,264 | €15,013 | -€16,250 | -52.0% |
| Cash at bank and in hand | 54/58 | €551 | €617 | +€66 | +11.9% |
| Deferred charges and accrued income | 490/1 | €19,613 | €16,146 | -€3,466 | -17.7% |
| Total equity and liabilities | 10/49 | €1,761,005 | €1,740,437 | -€20,568 | -1.2% |
| Equity | 10/15 | €860,584 | €769,587 | -€90,997 | -10.6% |
| Contributions | 10/11 | €1,017,000 | €1,017,000 | = | 0.0% |
| Capital | 10 | €1,017,000 | €1,017,000 | = | 0.0% |
| Issued capital | 100 | €1,017,000 | €1,017,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,416 | -€247,413 | -€90,997 | -58.2% |
| Amounts payable | 17/49 | €900,421 | €970,850 | +€70,429 | +7.8% |
| Amounts payable after more than one year | 17 | €66,389 | €40,981 | -€25,408 | -38.3% |
| Financial debts | 170/4 | €66,389 | €40,981 | -€25,408 | -38.3% |
| Amounts payable within one year | 42/48 | €834,032 | €929,836 | +€95,803 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €28,368 | €25,408 | -€2,961 | -10.4% |
| Trade debts | 44 | €69,135 | €104,204 | +€35,069 | +50.7% |
| Suppliers | 440/4 | €69,135 | €104,204 | +€35,069 | +50.7% |
| Advances received on contracts in progress | 46 | - | €19,393 | +€19,393 | |
| Taxes, remuneration and social security | 45 | €2,308 | €4,512 | +€2,204 | +95.5% |
| Taxes | 450/3 | €2,308 | €4,512 | +€2,204 | +95.5% |
| Other amounts payable | 47/48 | €734,221 | €776,319 | +€42,098 | +5.7% |
| Accrued charges and deferred income | 492/3 | - | €33 | +€33 | |
| Non-recurring operating income | 76A | €15,056 | - | -€15,056 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,402 | €59,552 | +€150 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,712 | - | +€5,712 | |
| Other operating charges | 640/8 | €13,434 | €31,311 | +€17,877 | +133% |
| Gross operating margin | 9900 | €74,038 | €8,775 | -€65,263 | -88.1% |
| Operating profit (loss) | 9901 | €6,914 | -€82,088 | -€89,002 | |
| Financial income | 75/76B | €50 | €69 | +€18 | +36.0% |
| Recurring financial income | 75 | €50 | €69 | +€18 | +36.0% |
| Financial charges | 65/66B | €8,994 | €8,655 | -€339 | -3.8% |
| Recurring financial charges | 65 | €8,994 | €8,655 | -€339 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,029 | -€90,674 | -€88,645 | -4,368% |
| Income taxes | 67/77 | €445 | €323 | -€122 | -27.4% |
| Profit (loss) for the period | 9904 | -€2,474 | -€90,997 | -€88,523 | -3,578% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,474 | -€90,997 | -€88,523 | -3,578% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.