SIRMANO: 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.
SIRMANO
Largest movements
- Stocks and contracts +€18,575
up €18,575 (+437.1%), from €4,250 to €22,825
- Receivables within one year -€13,565
down €13,565 (-72.6%), from €18,675 to €5,109
of which Other amounts receivable: -€13,683
- Cash +€2,505
up €2,505 (+138.5%), from €1,808 to €4,313
mainly Receivables within one year (+€13,565) and Net result for the year (+€6,327)
- Profit (loss) carried forward +€6,327
up €6,327, from -€2,717 to €3,610
- Tax, wage and social debts +€2,971
up €2,971 (+116.8%), from €2,544 to €5,515
- Trade debts -€2,068
no longer reported in 2025 (was €2,068)
- Gross operating margin +€9,923
up €9,923, from -€2,218 to €7,705
- Taxes +€1,200
new in 2025: €1,200
- Financial income +€374
new in 2025: €374
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 | €25,896 | €33,125 | +€7,230 | +27.9% |
| Fixed assets | 21/28 | €1,163 | €878 | -€285 | -24.5% |
| Tangible fixed assets | 22/27 | €1,163 | €878 | -€285 | -24.5% |
| Plant, machinery and equipment | 23 | €1,163 | €878 | -€285 | -24.5% |
| Current assets | 29/58 | €24,733 | €32,247 | +€7,514 | +30.4% |
| Stocks and contracts in progress | 3 | €4,250 | €22,825 | +€18,575 | +437.1% |
| Stocks | 30/36 | €4,250 | €22,825 | +€18,575 | +437.1% |
| Amounts receivable within one year | 40/41 | €18,675 | €5,109 | -€13,565 | -72.6% |
| Trade receivables | 40 | €21 | €139 | +€118 | +552.4% |
| Other amounts receivable | 41 | €18,653 | €4,970 | -€13,683 | -73.4% |
| Cash at bank and in hand | 54/58 | €1,808 | €4,313 | +€2,505 | +138.5% |
| Total equity and liabilities | 10/49 | €25,896 | €33,125 | +€7,230 | +27.9% |
| Equity | 10/15 | €21,283 | €27,610 | +€6,327 | +29.7% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,717 | €3,610 | +€6,327 | |
| Amounts payable | 17/49 | €4,612 | €5,515 | +€903 | +19.6% |
| Amounts payable within one year | 42/48 | €4,612 | €5,515 | +€903 | +19.6% |
| Trade debts | 44 | €2,068 | - | -€2,068 | |
| Suppliers | 440/4 | €2,068 | - | -€2,068 | |
| Taxes, remuneration and social security | 45 | €2,544 | €5,515 | +€2,971 | +116.8% |
| Taxes | 450/3 | €2,544 | €5,515 | +€2,971 | +116.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €261 | €285 | +€24 | +9.1% |
| Gross operating margin | 9900 | -€2,218 | €7,705 | +€9,923 | |
| Operating profit (loss) | 9901 | -€2,479 | €7,420 | +€9,900 | |
| Financial income | 75/76B | - | €374 | +€374 | |
| Recurring financial income | 75 | - | €374 | +€374 | |
| Financial charges | 65/66B | €238 | €268 | +€30 | +12.7% |
| Recurring financial charges | 65 | €238 | €268 | +€30 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,717 | €7,527 | +€10,244 | |
| Income taxes | 67/77 | - | €1,200 | +€1,200 | |
| Profit (loss) for the period | 9904 | -€2,717 | €6,327 | +€9,044 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,717 | €6,327 | +€9,044 |
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 9 October 2026 via checked.be.