Sirius Vinum: what changed
What changed
Sirius Vinum
filed annual accounts (NBB)
Net result for the year
€6,612
2024 · €149,626-€143,014
Equity
€792,215
2024 · €785,604+€6,612
Cash
€307,880
2024 · €55,528+€252,352
Balance sheet total
€6.6m
2024 · €5.2m+€1.5m
Largest movements
Assets
- Tangible fixed assets +€1.6m
up €1.6m (+34.6%), from €4.6m to €6.2m
of which Land and buildings: +€1.6m
- Receivables within one year -€344,785
down €344,785 (-80.4%), from €429,034 to €84,250
of which Other amounts receivable: -€338,734
- Cash +€252,352
up €252,352 (+454%), from €55,528 to €307,880
mainly Debts after one year (+€1.4m) and Depreciation (+€507,619)
Equity and liabilities
- Debts after one year +€1.4m
up €1.4m (+37.7%), from €3.8m to €5.2m
Income statement
- Depreciation +€325,977
up €325,977 (+179%), from €181,642 to €507,619
- Gross operating margin +€157,822
up €157,822 (+24.4%), from €646,350 to €804,172
- Taxes -€35,533
down €35,533 (-92.1%), from €38,585 to €3,052
- Financial charges +€8,060
up €8,060 (+4.7%), from €170,084 to €178,144
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
€149,626
Gross operating margin
+€157,822
Depreciation
-€325,977
Write-downs
+€1,534
Other operating charges
-€4,345
Financial income
+€479
Financial charges
-€8,060
Taxes
+€35,533
Result 2025
€6,612
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
+€882,114
Investment
-€2.1m
Financing
+€1.4m
Cash 2024
€55,528
From operations (derived)
+€882,114
Net result for the year
+€6,612
Depreciation
+€507,619
Receivables within one year
+€344,785
Deferred charges and accrued income
-€5,595
Smaller working-capital items
-€1,543
Trade debts
+€19,509
Accrued charges and deferred income
+€10,727
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€2.1m
Financing
+€1.4m
Debts after one year
+€1.4m
Current portion of long-term debt
+€603
Cash 2025
€307,880
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,182,849 | €6,648,054 | +€1.5m | +28.3% |
| Fixed assets | 21/28 | €4,688,155 | €6,240,199 | +€1.6m | +33.1% |
| Tangible fixed assets | 22/27 | €4,634,907 | €6,239,951 | +€1.6m | +34.6% |
| Land and buildings | 22 | €4,627,505 | €6,229,018 | +€1.6m | +34.6% |
| Plant, machinery and equipment | 23 | €7,402 | €10,933 | +€3,531 | +47.7% |
| Financial fixed assets | 28 | €53,248 | €248 | -€53,000 | -99.5% |
| Current assets | 29/58 | €494,693 | €407,855 | -€86,838 | -17.6% |
| Amounts receivable within one year | 40/41 | €429,034 | €84,250 | -€344,785 | -80.4% |
| Trade receivables | 40 | €12,465 | €6,413 | -€6,051 | -48.5% |
| Other amounts receivable | 41 | €416,570 | €77,836 | -€338,734 | -81.3% |
| Cash at bank and in hand | 54/58 | €55,528 | €307,880 | +€252,352 | +454% |
| Deferred charges and accrued income | 490/1 | €10,131 | €15,725 | +€5,595 | +55.2% |
| Total equity and liabilities | 10/49 | €5,182,849 | €6,648,054 | +€1.5m | +28.3% |
| Equity | 10/15 | €785,604 | €792,215 | +€6,612 | +0.8% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Capital | 10 | €350,000 | €350,000 | = | 0.0% |
| Issued capital | 100 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €85,540 | €83,398 | -€2,142 | -2.5% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Legal reserve | 130 | €35,000 | €35,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,540 | €48,398 | -€2,142 | -4.2% |
| Profit (loss) carried forward | 14 | €350,064 | €358,817 | +€8,754 | +2.5% |
| Provisions and deferred taxes | 16 | €27,347 | €26,244 | -€1,103 | -4.0% |
| Deferred taxes | 168 | €27,347 | €26,244 | -€1,103 | -4.0% |
| Amounts payable | 17/49 | €4,369,898 | €5,829,594 | +€1.5m | +33.4% |
| Amounts payable after more than one year | 17 | €3,790,335 | €5,219,632 | +€1.4m | +37.7% |
| Financial debts | 170/4 | €3,790,335 | €5,219,632 | +€1.4m | +37.7% |
| Amounts payable within one year | 42/48 | €511,922 | €531,594 | +€19,672 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €268,063 | €268,666 | +€603 | +0.2% |
| Trade debts | 44 | €205,290 | €224,799 | +€19,509 | +9.5% |
| Suppliers | 440/4 | €205,290 | €224,799 | +€19,509 | +9.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Other amounts payable | 47/48 | €38,570 | €38,130 | -€440 | -1.1% |
| Accrued charges and deferred income | 492/3 | €67,641 | €78,367 | +€10,727 | +15.9% |
| Non-recurring operating income | 76A | - | €104,102 | +€104,102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,642 | €507,619 | +€325,977 | +179% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,534 | €0 | -€1,534 | -100% |
| Other operating charges | 640/8 | €106,300 | €110,646 | +€4,345 | +4.1% |
| Gross operating margin | 9900 | €646,350 | €804,172 | +€157,822 | +24.4% |
| Operating profit (loss) | 9901 | €356,874 | €185,908 | -€170,966 | -47.9% |
| Financial income | 75/76B | €318 | €797 | +€479 | +151% |
| Recurring financial income | 75 | €318 | €797 | +€479 | +151% |
| Financial charges | 65/66B | €170,084 | €178,144 | +€8,060 | +4.7% |
| Recurring financial charges | 65 | €170,084 | €178,144 | +€8,060 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €187,108 | €8,561 | -€178,547 | -95.4% |
| Transfer from deferred taxes | 780 | €1,103 | €1,103 | = | 0.0% |
| Income taxes | 67/77 | €38,585 | €3,052 | -€35,533 | -92.1% |
| Profit (loss) for the period | 9904 | €149,626 | €6,612 | -€143,014 | -95.6% |
| Transfer from tax-exempt reserves | 789 | €2,142 | €2,142 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €151,768 | €8,754 | -€143,014 | -94.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.