Sire Estates: 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.
Sire Estates
Largest movements
- Cash +€17,778
up €17,778 (+24.3%), from €73,252 to €91,030
mainly Net result for the year (+€22,589) and Other debts (+€1,997)
- Receivables within one year +€2,767
up €2,767 (+56.7%), from €4,876 to €7,643
of which Trade receivables: +€2,767
- Intangible fixed assets -€1,092
down €1,092 (-36.2%), from €3,015 to €1,923
- Reserves +€21,756
up €21,756 (+43.5%), from €49,992 to €71,748
- Tax, wage and social debts -€5,216
down €5,216 (-38.0%), from €13,722 to €8,506
- Other debts +€1,997
up €1,997 (+13.4%), from €14,881 to €16,878
- Gross operating margin +€11,374
up €11,374 (+43.5%), from €26,172 to €37,546
- Taxes +€3,755
up €3,755 (+50.0%), from €7,504 to €11,259
- Financial charges -€548
down €548 (-40.7%), from €1,348 to €800
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 | €84,825 | €103,939 | +€19,114 | +22.5% |
| Fixed assets | 21/28 | €6,438 | €4,703 | -€1,734 | -26.9% |
| Intangible fixed assets | 21 | €3,015 | €1,923 | -€1,092 | -36.2% |
| Tangible fixed assets | 22/27 | €2,987 | €2,345 | -€642 | -21.5% |
| Plant, machinery and equipment | 23 | €2,987 | €2,345 | -€642 | -21.5% |
| Financial fixed assets | 28 | €435 | €435 | = | 0.0% |
| Current assets | 29/58 | €78,388 | €99,236 | +€20,848 | +26.6% |
| Amounts receivable within one year | 40/41 | €4,876 | €7,643 | +€2,767 | +56.7% |
| Trade receivables | 40 | €2,380 | €5,147 | +€2,767 | +116% |
| Other amounts receivable | 41 | €2,496 | €2,496 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €73,252 | €91,030 | +€17,778 | +24.3% |
| Deferred charges and accrued income | 490/1 | €259 | €562 | +€303 | +117% |
| Total equity and liabilities | 10/49 | €84,825 | €103,939 | +€19,114 | +22.5% |
| Equity | 10/15 | €55,992 | €77,748 | +€21,756 | +38.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €49,992 | €71,748 | +€21,756 | +43.5% |
| Distributable reserves | 133 | €49,992 | €71,748 | +€21,756 | +43.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,833 | €26,191 | -€2,643 | -9.2% |
| Amounts payable within one year | 42/48 | €28,833 | €26,191 | -€2,643 | -9.2% |
| Trade debts | 44 | €230 | €806 | +€576 | +251% |
| Suppliers | 440/4 | €230 | €806 | +€576 | +251% |
| Taxes, remuneration and social security | 45 | €13,722 | €8,506 | -€5,216 | -38.0% |
| Taxes | 450/3 | €13,722 | €8,506 | -€5,216 | -38.0% |
| Other amounts payable | 47/48 | €14,881 | €16,878 | +€1,997 | +13.4% |
| Non-recurring operating income | 76A | €0 | €2,941 | +€2,941 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,788 | €1,984 | +€196 | +11.0% |
| Other operating charges | 640/8 | €1,191 | €914 | -€278 | -23.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €26,172 | €37,546 | +€11,374 | +43.5% |
| Operating profit (loss) | 9901 | €23,193 | €34,648 | +€11,455 | +49.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €1,348 | €800 | -€548 | -40.7% |
| Recurring financial charges | 65 | €1,348 | €800 | -€548 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €21,848 | €33,848 | +€12,000 | +54.9% |
| Income taxes | 67/77 | €7,504 | €11,259 | +€3,755 | +50.0% |
| Profit (loss) for the period | 9904 | €14,344 | €22,589 | +€8,245 | +57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,344 | €22,589 | +€8,245 | +57.5% |
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 15 October 2026 via checked.be.