Sirmacek: 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.
Sirmacek
Largest movements
- Receivables within one year +€23,143
up €23,143 (+536%), from €4,316 to €27,459
of which Other amounts receivable: +€16,800
- Cash +€2,100
up €2,100 (+4.1%), from €50,795 to €52,895
mainly Net result for the year (+€10,973) and Trade debts (+€8,066)
- Tangible fixed assets -€1,187
down €1,187 (-32.6%), from €3,646 to €2,459
of which Plant, machinery and equipment: -€991
- Profit (loss) carried forward +€10,973
up €10,973 (+24.8%), from €44,165 to €55,138
- Trade debts +€8,066
up €8,066 (+677%), from €1,192 to €9,258
- Tax, wage and social debts +€4,392
up €4,392 (+76.6%), from €5,736 to €10,128
of which Remuneration and social security: +€2,652
- Gross operating margin +€26,129
up €26,129 (+115%), from €22,692 to €48,821
- Staff costs +€23,214
up €23,214 (+343%), from €6,773 to €29,987
- Taxes +€2,666
up €2,666 (+88.5%), from €3,014 to €5,681
- Other operating charges +€494
up €494 (+65.5%), from €755 to €1,250
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,553 | €94,984 | +€23,431 | +32.7% |
| Fixed assets | 21/28 | €3,646 | €2,459 | -€1,187 | -32.6% |
| Tangible fixed assets | 22/27 | €3,646 | €2,459 | -€1,187 | -32.6% |
| Plant, machinery and equipment | 23 | €2,841 | €1,850 | -€991 | -34.9% |
| Furniture and vehicles | 24 | €805 | €609 | -€196 | -24.4% |
| Current assets | 29/58 | €67,907 | €92,526 | +€24,618 | +36.3% |
| Stocks and contracts in progress | 3 | €12,797 | €12,172 | -€625 | -4.9% |
| Stocks | 30/36 | €12,797 | €12,172 | -€625 | -4.9% |
| Amounts receivable within one year | 40/41 | €4,316 | €27,459 | +€23,143 | +536% |
| Trade receivables | 40 | €1,160 | €7,503 | +€6,343 | +547% |
| Other amounts receivable | 41 | €3,156 | €19,956 | +€16,800 | +532% |
| Cash at bank and in hand | 54/58 | €50,795 | €52,895 | +€2,100 | +4.1% |
| Total equity and liabilities | 10/49 | €71,553 | €94,984 | +€23,431 | +32.7% |
| Equity | 10/15 | €64,625 | €75,598 | +€10,973 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,165 | €55,138 | +€10,973 | +24.8% |
| Amounts payable | 17/49 | €6,928 | €19,386 | +€12,458 | +180% |
| Amounts payable within one year | 42/48 | €6,928 | €19,386 | +€12,458 | +180% |
| Trade debts | 44 | €1,192 | €9,258 | +€8,066 | +677% |
| Suppliers | 440/4 | €1,192 | €9,258 | +€8,066 | +677% |
| Taxes, remuneration and social security | 45 | €5,736 | €10,128 | +€4,392 | +76.6% |
| Taxes | 450/3 | €4,369 | €6,110 | +€1,741 | +39.8% |
| Remuneration and social security | 454/9 | €1,366 | €4,018 | +€2,652 | +194% |
| Remuneration, social security and pensions | 62 | €6,773 | €29,987 | +€23,214 | +343% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,166 | €1,187 | +€20 | +1.8% |
| Other operating charges | 640/8 | €755 | €1,250 | +€494 | +65.5% |
| Gross operating margin | 9900 | €22,692 | €48,821 | +€26,129 | +115% |
| Operating profit (loss) | 9901 | €13,997 | €16,398 | +€2,401 | +17.2% |
| Financial income | 75/76B | €288 | €616 | +€328 | +114% |
| Recurring financial income | 75 | €288 | €616 | +€328 | +114% |
| Financial charges | 65/66B | €162 | €359 | +€198 | +123% |
| Recurring financial charges | 65 | €162 | €359 | +€198 | +123% |
| Profit (loss) for the period before taxes | 9903 | €14,123 | €16,654 | +€2,530 | +17.9% |
| Income taxes | 67/77 | €3,014 | €5,681 | +€2,666 | +88.5% |
| Profit (loss) for the period | 9904 | €11,109 | €10,973 | -€136 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,109 | €10,973 | -€136 | -1.2% |
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 25 October 2026 via checked.be.