SIRRAH: 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.
SIRRAH
Largest movements
- Current investments -€4,000
down €4,000 (-100.0%), from €4,000 to €0
- Cash -€1,973
down €1,973 (-3.0%), from €64,905 to €62,932
mainly Advances received (-€6,630) and Trade debts (-€1,106)
- Receivables within one year -€1,932
down €1,932 (-22.2%), from €8,718 to €6,786
of which Trade receivables: -€1,670
- Advances received -€6,630
down €6,630 (-100.0%), from €6,630 to €0
- Other debts +€1,762
up €1,762 (+31.2%), from €5,646 to €7,408
- Trade debts -€1,106
down €1,106 (-57.1%), from €1,938 to €832
- Profit (loss) carried forward -€1,086
down €1,086 (-5.1%), from €21,391 to €20,305
- Tax, wage and social debts -€845
down €845 (-86.3%), from €979 to €134
- Write-downs +€4,000
new in 2024: €4,000
- Gross operating margin +€1,638
up €1,638 (+92.9%), from €1,764 to €3,402
- Financial charges -€756
down €756 (-93.7%), from €808 to €51
- Other operating charges -€579
down €579 (-57.0%), from €1,016 to €437
- Depreciation -€341
no longer reported in 2024 (was €341)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,671 | €73,766 | -€7,905 | -9.7% |
| Fixed assets | 21/28 | €4,048 | €4,048 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €3,329 | €3,329 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,946 | €1,946 | = | 0.0% |
| Furniture and vehicles | 24 | €1,125 | €1,125 | = | 0.0% |
| Other tangible fixed assets | 26 | €259 | €259 | = | 0.0% |
| Financial fixed assets | 28 | €719 | €719 | = | 0.0% |
| Current assets | 29/58 | €77,623 | €69,718 | -€7,905 | -10.2% |
| Amounts receivable within one year | 40/41 | €8,718 | €6,786 | -€1,932 | -22.2% |
| Trade receivables | 40 | €8,456 | €6,786 | -€1,670 | -19.7% |
| Other amounts receivable | 41 | €262 | €0 | -€262 | -100.0% |
| Current investments | 50/53 | €4,000 | €0 | -€4,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €64,905 | €62,932 | -€1,973 | -3.0% |
| Total equity and liabilities | 10/49 | €81,671 | €73,766 | -€7,905 | -9.7% |
| Equity | 10/15 | €66,479 | €65,393 | -€1,086 | -1.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €38,891 | €38,891 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €37,031 | €37,031 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,391 | €20,305 | -€1,086 | -5.1% |
| Amounts payable | 17/49 | €15,192 | €8,374 | -€6,818 | -44.9% |
| Amounts payable within one year | 42/48 | €15,192 | €8,374 | -€6,818 | -44.9% |
| Trade debts | 44 | €1,938 | €832 | -€1,106 | -57.1% |
| Suppliers | 440/4 | €1,938 | €832 | -€1,106 | -57.1% |
| Advances received on contracts in progress | 46 | €6,630 | €0 | -€6,630 | -100.0% |
| Taxes, remuneration and social security | 45 | €979 | €134 | -€845 | -86.3% |
| Taxes | 450/3 | €979 | €134 | -€845 | -86.3% |
| Other amounts payable | 47/48 | €5,646 | €7,408 | +€1,762 | +31.2% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €98 | - | -€98 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341 | - | -€341 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,000 | +€4,000 | |
| Other operating charges | 640/8 | €1,016 | €437 | -€579 | -57.0% |
| Gross operating margin | 9900 | €1,764 | €3,402 | +€1,638 | +92.9% |
| Operating profit (loss) | 9901 | €308 | -€1,035 | -€1,344 | |
| Financial charges | 65/66B | €808 | €51 | -€756 | -93.7% |
| Recurring financial charges | 65 | €808 | €51 | -€756 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | -€499 | -€1,086 | -€587 | -117.6% |
| Profit (loss) for the period | 9904 | -€499 | -€1,086 | -€587 | -117.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€499 | -€1,086 | -€587 | -117.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.