SIRINE: 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.
SIRINE
Largest movements
- Cash +€21,585
up €21,585 (+53.4%), from €40,401 to €61,986
mainly Net result for the year (+€24,588) and Depreciation (+€3,794)
- Receivables within one year +€9,048
up €9,048 (+47.8%), from €18,925 to €27,974
of which Trade receivables: +€12,095
- Tangible fixed assets -€3,138
down €3,138 (-23.0%), from €13,641 to €10,503
of which Land and buildings: -€1,775
- Profit (loss) carried forward +€24,588
up €24,588 (+53.1%), from €46,339 to €70,927
- Tax, wage and social debts +€2,908
up €2,908 (+34.9%), from €8,328 to €11,236
of which Remuneration and social security: +€2,962
- Turnover +€11,531
up €11,531 (+9.4%), from €122,804 to €134,335
- Gross operating margin +€10,006
up €10,006 (+14.1%), from €71,110 to €81,116
- Staff costs -€7,164
down €7,164 (-12.7%), from €56,536 to €49,372
- Purchases and services +€1,525
up €1,525 (+3.0%), from €51,694 to €53,219
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 | €75,067 | €102,563 | +€27,496 | +36.6% |
| Fixed assets | 21/28 | €13,941 | €10,803 | -€3,138 | -22.5% |
| Tangible fixed assets | 22/27 | €13,641 | €10,503 | -€3,138 | -23.0% |
| Land and buildings | 22 | €9,218 | €7,443 | -€1,775 | -19.3% |
| Plant, machinery and equipment | 23 | €619 | €905 | +€286 | +46.1% |
| Furniture and vehicles | 24 | €3,803 | €2,155 | -€1,648 | -43.3% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €61,126 | €91,760 | +€30,634 | +50.1% |
| Stocks and contracts in progress | 3 | €1,800 | €1,800 | = | 0.0% |
| Stocks | 30/36 | €1,800 | €1,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,925 | €27,974 | +€9,048 | +47.8% |
| Trade receivables | 40 | €8,469 | €20,564 | +€12,095 | +142.8% |
| Other amounts receivable | 41 | €10,456 | €7,410 | -€3,047 | -29.1% |
| Cash at bank and in hand | 54/58 | €40,401 | €61,986 | +€21,585 | +53.4% |
| Total equity and liabilities | 10/49 | €75,067 | €102,563 | +€27,496 | +36.6% |
| Equity | 10/15 | €66,739 | €91,327 | +€24,588 | +36.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,808 | €1,808 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,808 | €1,808 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,808 | €1,808 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,339 | €70,927 | +€24,588 | +53.1% |
| Amounts payable | 17/49 | €8,328 | €11,236 | +€2,908 | +34.9% |
| Amounts payable within one year | 42/48 | €8,328 | €11,236 | +€2,908 | +34.9% |
| Taxes, remuneration and social security | 45 | €8,328 | €11,236 | +€2,908 | +34.9% |
| Taxes | 450/3 | €54 | - | -€54 | |
| Remuneration and social security | 454/9 | €8,274 | €11,236 | +€2,962 | +35.8% |
| Turnover | 70 | €122,804 | €134,335 | +€11,531 | +9.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,694 | €53,219 | +€1,525 | +3.0% |
| Remuneration, social security and pensions | 62 | €56,536 | €49,372 | -€7,164 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,833 | €3,794 | -€39 | -1.0% |
| Non-recurring operating charges | 66A | €65 | €218 | +€153 | +234.8% |
| Gross operating margin | 9900 | €71,110 | €81,116 | +€10,006 | +14.1% |
| Operating profit (loss) | 9901 | €10,676 | €27,733 | +€17,057 | +159.8% |
| Financial income | 75/76B | €1,156 | €0 | -€1,156 | -100.0% |
| Recurring financial income | 75 | €1,156 | €0 | -€1,156 | -100.0% |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €65 | €63 | -€2 | -3.0% |
| Recurring financial charges | 65 | €65 | €63 | -€2 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €11,767 | €27,670 | +€15,902 | +135.1% |
| Transfer to deferred taxes | 680 | - | €3,081 | +€3,081 | |
| Profit (loss) for the period | 9904 | €11,767 | €24,588 | +€12,821 | +109.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,767 | €24,588 | +€12,821 | +109.0% |
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 10 October 2026 via checked.be.