AB SANITECH: 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.
AB SANITECH
Largest movements
- Cash +€285,224
up €285,224 (+79.0%), from €360,859 to €646,083
mainly Net result for the year (+€191,022) and Receivables within one year (+€116,190)
- Receivables within one year -€116,190
down €116,190 (-35.3%), from €329,502 to €213,311
of which Trade receivables: -€108,354
- Profit (loss) carried forward +€191,022
up €191,022 (+33.4%), from €572,162 to €763,183
- Trade debts -€48,658
down €48,658 (-63.0%), from €77,219 to €28,561
- Tax, wage and social debts +€15,499
up €15,499 (+174.3%), from €8,892 to €24,391
of which Taxes: +€14,020
- Other debts +€12,032
up €12,032 (+24.5%), from €49,175 to €61,208
- Staff costs +€23,703
up €23,703 (+62.4%), from €37,995 to €61,698
- Depreciation -€4,952
down €4,952 (-57.9%), from €8,554 to €3,602
- Taxes -€4,275
down €4,275 (-6.8%), from €62,742 to €58,467
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 | €717,448 | €887,343 | +€169,895 | +23.7% |
| Fixed assets | 21/28 | €4,992 | €12,244 | +€7,252 | +145.3% |
| Tangible fixed assets | 22/27 | €4,992 | €12,244 | +€7,252 | +145.3% |
| Plant, machinery and equipment | 23 | €4,820 | €12,244 | +€7,424 | +154.0% |
| Furniture and vehicles | 24 | €172 | - | -€172 | |
| Current assets | 29/58 | €712,456 | €875,099 | +€162,643 | +22.8% |
| Stocks and contracts in progress | 3 | €14,975 | €10,656 | -€4,319 | -28.8% |
| Stocks | 30/36 | €14,975 | €10,656 | -€4,319 | -28.8% |
| Amounts receivable within one year | 40/41 | €329,502 | €213,311 | -€116,190 | -35.3% |
| Trade receivables | 40 | €308,004 | €199,650 | -€108,354 | -35.2% |
| Other amounts receivable | 41 | €21,498 | €13,662 | -€7,836 | -36.5% |
| Cash at bank and in hand | 54/58 | €360,859 | €646,083 | +€285,224 | +79.0% |
| Deferred charges and accrued income | 490/1 | €7,120 | €5,048 | -€2,072 | -29.1% |
| Total equity and liabilities | 10/49 | €717,448 | €887,343 | +€169,895 | +23.7% |
| Equity | 10/15 | €582,162 | €773,183 | +€191,022 | +32.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €572,162 | €763,183 | +€191,022 | +33.4% |
| Amounts payable | 17/49 | €135,286 | €114,159 | -€21,127 | -15.6% |
| Amounts payable within one year | 42/48 | €135,286 | €114,159 | -€21,127 | -15.6% |
| Trade debts | 44 | €77,219 | €28,561 | -€48,658 | -63.0% |
| Suppliers | 440/4 | €77,219 | €28,561 | -€48,658 | -63.0% |
| Taxes, remuneration and social security | 45 | €8,892 | €24,391 | +€15,499 | +174.3% |
| Taxes | 450/3 | €7,310 | €21,330 | +€14,020 | +191.8% |
| Remuneration and social security | 454/9 | €1,582 | €3,061 | +€1,479 | +93.5% |
| Other amounts payable | 47/48 | €49,175 | €61,208 | +€12,032 | +24.5% |
| Remuneration, social security and pensions | 62 | €37,995 | €61,698 | +€23,703 | +62.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,554 | €3,602 | -€4,952 | -57.9% |
| Non-recurring operating charges | 66A | €272 | - | -€272 | |
| Gross operating margin | 9900 | €311,373 | €314,287 | +€2,914 | +0.9% |
| Operating profit (loss) | 9901 | €264,552 | €248,987 | -€15,565 | -5.9% |
| Financial income | 75/76B | €2,611 | €593 | -€2,018 | -77.3% |
| Recurring financial income | 75 | €2,611 | €593 | -€2,018 | -77.3% |
| Financial charges | 65/66B | €7 | €92 | +€84 | +1136.3% |
| Recurring financial charges | 65 | €7 | €92 | +€84 | +1136.3% |
| Profit (loss) for the period before taxes | 9903 | €267,156 | €249,489 | -€17,667 | -6.6% |
| Income taxes | 67/77 | €62,742 | €58,467 | -€4,275 | -6.8% |
| Profit (loss) for the period | 9904 | €204,414 | €191,022 | -€13,392 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €204,414 | €191,022 | -€13,392 | -6.6% |
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 10 October 2026 via checked.be.