SIRIN: what changed
Two fiscal 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.
SIRIN
Largest movements
- Stocks and contracts -€21,966
down €21,966 (-51.0%), from €43,067 to €21,101
- Cash +€8,373
up €8,373 (+43.6%), from €19,202 to €27,574
mainly Stocks and contracts (+€21,966) and Depreciation (+€2,599)
- Receivables within one year +€2,008
up €2,008 (+210.2%), from €955 to €2,963
of which Trade receivables: +€1,712
- Profit (loss) carried forward -€10,667
down €10,667 (-23.5%), from €45,311 to €34,644
- Tax, wage and social debts -€860
down €860 (-64.0%), from €1,344 to €484
- Gross operating margin -€10,054
down €10,054, from €8,625 to -€1,428
- Other operating charges +€6,380
up €6,380 (+3391.8%), from €188 to €6,568
- Taxes -€1,344
no longer reported in 2025 (was €1,344)
- Depreciation +€976
up €976 (+60.1%), from €1,623 to €2,599
- Financial charges -€91
down €91 (-56.0%), from €163 to €72
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.
Cash bridge derived
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 | €76,460 | €64,259 | -€12,201 | -16.0% |
| Fixed assets | 21/28 | €13,237 | €12,620 | -€616 | -4.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €13,137 | €12,521 | -€616 | -4.7% |
| Land and buildings | 22 | €4,522 | €3,782 | -€740 | -16.4% |
| Plant, machinery and equipment | 23 | €661 | €294 | -€366 | -55.4% |
| Furniture and vehicles | 24 | €5,355 | €6,180 | +€824 | +15.4% |
| Other tangible fixed assets | 26 | €2,599 | €2,265 | -€335 | -12.9% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €63,223 | €51,639 | -€11,585 | -18.3% |
| Stocks and contracts in progress | 3 | €43,067 | €21,101 | -€21,966 | -51.0% |
| Stocks | 30/36 | €43,067 | €21,101 | -€21,966 | -51.0% |
| Amounts receivable within one year | 40/41 | €955 | €2,963 | +€2,008 | +210.2% |
| Trade receivables | 40 | - | €1,712 | +€1,712 | |
| Other amounts receivable | 41 | €955 | €1,252 | +€297 | +31.0% |
| Cash at bank and in hand | 54/58 | €19,202 | €27,574 | +€8,373 | +43.6% |
| Total equity and liabilities | 10/49 | €76,460 | €64,259 | -€12,201 | -16.0% |
| Equity | 10/15 | €74,020 | €63,353 | -€10,667 | -14.4% |
| Contributions | 10/11 | €16,741 | €16,741 | = | 0.0% |
| Reserves | 13 | €11,968 | €11,968 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,490 | €3,490 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,490 | €3,490 | = | 0.0% |
| Distributable reserves | 133 | €8,478 | €8,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,311 | €34,644 | -€10,667 | -23.5% |
| Amounts payable | 17/49 | €2,440 | €906 | -€1,534 | -62.9% |
| Amounts payable within one year | 42/48 | €2,440 | €906 | -€1,534 | -62.9% |
| Trade debts | 44 | €1,096 | €422 | -€674 | -61.5% |
| Suppliers | 440/4 | €1,096 | €422 | -€674 | -61.5% |
| Taxes, remuneration and social security | 45 | €1,344 | €484 | -€860 | -64.0% |
| Taxes | 450/3 | €1,344 | €484 | -€860 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,623 | €2,599 | +€976 | +60.1% |
| Other operating charges | 640/8 | €188 | €6,568 | +€6,380 | +3391.8% |
| Gross operating margin | 9900 | €8,625 | -€1,428 | -€10,054 | |
| Operating profit (loss) | 9901 | €6,814 | -€10,595 | -€17,409 | |
| Financial charges | 65/66B | €163 | €72 | -€91 | -56.0% |
| Recurring financial charges | 65 | €163 | €72 | -€91 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €6,651 | -€10,667 | -€17,318 | |
| Income taxes | 67/77 | €1,344 | - | -€1,344 | |
| Profit (loss) for the period | 9904 | €5,307 | -€10,667 | -€15,974 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,307 | -€10,667 | -€15,974 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.