Sanacup
Dissolution or liquidationFinancials · financial year 2025, micro format
Equity
€954,360▲ 8.4%
2024 · €880,076
Total assets
€967,856▲ 7.3%
2024 · €901,783
Net result
€74,284▼ 39.4%
2024 · €122,570
Working capital
€951,872▲ 9.7%
2024 · €867,475
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 37% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€108,528
2025
Net result€74,284
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€967,856
2025
Equity€954,360
2025
Debt€13,496
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€951,872
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€124,442-€137,970▲ 10.9%€100,662▼ 27.0%€155,419▲ 54.4%€166,342▲ 7.0%€162,207▼ 2.5%€173,025▲ 6.7%€108,528▼ 37.3%
Net result€91,466-€99,058▲ 8.3%€72,103▼ 27.2%€102,635▲ 42.3%€110,705▲ 7.9%€114,409▲ 3.3%€122,570▲ 7.1%€74,284▼ 39.4%
Equity€290,997-€360,055▲ 23.7%€432,158▲ 20.0%€533,992▲ 23.6%€643,897▲ 20.6%€757,506▲ 17.6%€880,076▲ 16.2%€954,360▲ 8.4%
Total assets€358,167-€458,766▲ 28.1%€547,809▲ 19.4%€661,995▲ 20.8%€774,630▲ 17.0%€790,397▲ 2.0%€901,783▲ 14.1%€967,856▲ 7.3%
Debt€65,920-€98,711▲ 49.7%€115,651▲ 17.2%€128,003▲ 10.7%€130,732▲ 2.1%€32,891▼ 74.8%€21,706▼ 34.0%€13,496▼ 37.8%
Working capital€288,564-€342,459▲ 18.7%€418,556▲ 22.2%€489,730▲ 17.0%€609,594▲ 24.5%€731,985▲ 20.1%€867,475▲ 18.5%€951,872▲ 9.7%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €967,856
Fixed assets
€2,777 ▼ 78.6%
Current assets
€965,080 ▲ 8.6%
Equity and liabilities €967,856
Equity
€954,360 ▲ 8.4%
Debt
€13,496 ▼ 37.8%
Debt's share of the balance-sheet total falls from 2.4% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€119,833▼
2024 · €188,890
Cash flow
€85,589▼
2024 · €138,435
Current ratio
73.07▲
2024 · 41.68
Debt to equity
0.01▼
2024 · 0.02
ROE
7.8%▼
2024 · 13.9%
ROA
7.7%▼
2024 · 13.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€13,208▼
2024 · €21,324
Income taxes
€38,424▼
2024 · €54,379
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,511 | €13,055 | €13,055 | €7,144 | €16,178 | €16,179 | €15,865 | €11,305 | ▼ 28.7% |
| Other operating charges640/8 | - | - | - | €6,041 | €1,385 | €1,335 | €1,382 | €1,417 | ▲ 2.5% |
| Non-recurring operating charges66A | - | - | - | €588 | €329 | €129 | €299 | €312 | ▲ 4.1% |
| Gross operating margin9900 | €127,015 | €152,091 | €114,564 | €169,191 | €184,234 | €179,851 | €190,571 | €121,561 | ▼ 36.2% |
| Operating profit (loss)9901 | €124,442 | €137,970 | €100,662 | €155,419 | €166,342 | €162,207 | €173,025 | €108,528 | ▼ 37.3% |
| Financial income75/76B | - | - | - | - | - | €2,278 | €4,160 | €4,394 | ▲ 5.6% |
| Recurring financial income75 | €2,437 | €444 | €0 | - | - | €2,278 | €4,160 | €4,394 | ▲ 5.6% |
| Financial charges65/66B | - | - | - | €612 | €506 | €295 | €235 | €215 | ▼ 8.7% |
| Recurring financial charges65 | €495 | €576 | €689 | €612 | €506 | €295 | €235 | €215 | ▼ 8.7% |
| Profit (loss) for the period before taxes9903 | €126,385 | €137,838 | €99,973 | €154,806 | €165,836 | €164,191 | €176,950 | €112,708 | ▼ 36.3% |
| Income taxes67/77 | €34,919 | €38,780 | €27,871 | €52,172 | €55,131 | €49,782 | €54,379 | €38,424 | ▼ 29.3% |
| Profit (loss) for the period9904 | €91,466 | €99,058 | €72,103 | €102,635 | €110,705 | €114,409 | €122,570 | €74,284 | ▼ 39.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €5,000 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €91,466 | €99,058 | €72,103 | €107,635 | €110,705 | €114,409 | €122,570 | €74,284 | ▼ 39.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €358,167 | €458,766 | €547,809 | €661,995 | €774,630 | €790,397 | €901,783 | €967,856 | ▲ 7.3% |
| Fixed assets21/28 | €3,749 | €49,720 | €36,665 | €58,138 | €41,961 | €25,782 | €12,983 | €2,777 | ▼ 78.6% |
| Tangible fixed assets22/27 | €3,749 | €49,720 | €36,665 | €58,138 | €41,961 | €25,782 | €12,983 | €2,777 | ▼ 78.6% |
| Furniture and vehicles24 | - | - | - | €58,138 | €41,961 | €25,782 | €12,983 | €2,777 | ▼ 78.6% |
| Current assets29/58 | €354,418 | €409,046 | €511,144 | €603,857 | €732,669 | €764,615 | €888,799 | €965,080 | ▲ 8.6% |
| Amounts receivable within one year40/41 | €77,017 | €75,180 | €56,350 | €85,523 | €85,071 | €136,958 | €83,376 | €7,764 | ▼ 90.7% |
| Trade receivables40 | - | - | - | €70,523 | €80,071 | €76,258 | - | - | - |
| Other amounts receivable41 | - | - | - | €15,000 | €5,000 | €60,700 | €83,376 | €7,764 | ▼ 90.7% |
| Current investments50/53 | - | - | - | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Cash at bank and in hand54/58 | €273,251 | €330,408 | €450,592 | €213,671 | €343,809 | €323,003 | €501,964 | €655,597 | ▲ 30.6% |
| Deferred charges and accrued income490/1 | - | - | - | €4,662 | €3,789 | €4,654 | €3,460 | €1,719 | ▼ 50.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €358,167 | €458,766 | €547,809 | €661,995 | €774,630 | €790,397 | €901,783 | €967,856 | ▲ 7.3% |
| Equity10/15 | €290,997 | €360,055 | €432,158 | €533,992 | €643,897 | €757,506 | €880,076 | €954,360 | ▲ 8.4% |
| Contributions10/11 | €6,205 | €6,205 | - | €6,205 | €6,205 | €6,205 | €6,205 | €6,205 | = |
| Reserves13 | €284,560 | €353,560 | €425,560 | €527,760 | €637,660 | €751,300 | €873,870 | €948,150 | ▲ 8.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €525,900 | €635,800 | €749,440 | €872,010 | €946,290 | ▲ 8.5% |
| Profit (loss) carried forward14 | €232 | €290 | €392 | €27 | €32 | €1 | €1 | €5 | ▲ 382% |
| Provisions and deferred taxes16 | €1,250 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €65,920 | €98,711 | €115,651 | €128,003 | €130,732 | €32,891 | €21,706 | €13,496 | ▼ 37.8% |
| Amounts payable after more than one year17 | - | €32,075 | €23,010 | €13,866 | €4,642 | - | - | - | - |
| Financial debts170/4 | - | - | - | €13,866 | €4,642 | - | - | - | - |
| Amounts payable within one year42/48 | €65,853 | €66,587 | €92,588 | €114,127 | €123,075 | €32,631 | €21,324 | €13,208 | ▼ 38.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,144 | €9,224 | €4,642 | - | - | - |
| Trade debts44 | €5,907 | €5,932 | €4,541 | €5,681 | €2,162 | €3,235 | €1,658 | €4,113 | ▲ 148% |
| Suppliers440/4 | - | - | - | €5,681 | €2,162 | €3,235 | €1,658 | €4,113 | ▲ 148% |
| Taxes, remuneration and social security45 | - | - | - | €24,540 | €51,801 | €18,598 | €12,257 | - | - |
| Taxes450/3 | - | - | - | €24,540 | €51,801 | €18,598 | €12,257 | - | - |
| Other amounts payable47/48 | - | - | - | €74,761 | €59,889 | €6,155 | €7,409 | €9,095 | ▲ 22.8% |
| Accrued charges and deferred income492/3 | - | - | - | €10 | €3,015 | €260 | €382 | €288 | ▼ 24.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91,466 | €99,058 | €72,103 | €102,635 | €110,705 | €114,409 | €122,570 | €74,284 | ▼ 39.4% |
| + Depreciation and write-downs630 | €1,511 | €13,055 | €13,055 | €7,144 | €16,178 | €16,179 | €15,865 | €11,305 | ▼ 28.7% |
| Operating cash flow (approximation) | €92,977 | €112,113 | €85,157 | €109,779 | €126,883 | €130,588 | €138,435 | €85,589 | ▼ 38.2% |
| Investment in fixed assets (approximation) | - | -€59,026 | €0 | -€28,618 | €0 | €0 | -€3,067 | -€1,098 | ▲ 64.2% |
| Change in cash | - | €57,157 | €120,183 | -€236,921 | €130,138 | -€20,806 | €178,961 | €153,633 | ▼ 14.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.