Federation Sanitary & Heating: 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.
Federation Sanitary & Heating
Largest movements
- Cash -€15,218
down €15,218 (-4.4%), from €345,017 to €329,800
mainly Trade debts (-€46,213) and Receivables within one year (-€2,793)
- Trade debts -€46,213
down €46,213 (-93.0%), from €49,713 to €3,500
- Profit (loss) carried forward +€31,974
up €31,974 (+10.1%), from €315,161 to €347,135
- Gross operating margin +€21,141
up €21,141 (+184%), from €11,512 to €32,652
- Purchases and services -€17,419
down €17,419 (-5.4%), from €322,230 to €304,811
- Financial income -€5,757
no longer reported in 2025 (was €5,757)
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.
Derived cash bridge
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 | €369,110 | €356,685 | -€12,425 | -3.4% |
| Current assets | 29/58 | €369,110 | €356,685 | -€12,425 | -3.4% |
| Amounts receivable within one year | 40/41 | €24,092 | €26,885 | +€2,793 | +11.6% |
| Trade receivables | 40 | €2,000 | €8,573 | +€6,573 | +329% |
| Other amounts receivable | 41 | €22,092 | €18,312 | -€3,780 | -17.1% |
| Cash at bank and in hand | 54/58 | €345,017 | €329,800 | -€15,218 | -4.4% |
| Total equity and liabilities | 10/49 | €369,110 | €356,685 | -€12,425 | -3.4% |
| Equity | 10/15 | €315,161 | €347,135 | +€31,974 | +10.1% |
| Profit (loss) carried forward | 14 | €315,161 | €347,135 | +€31,974 | +10.1% |
| Amounts payable | 17/49 | €53,948 | €9,550 | -€44,398 | -82.3% |
| Amounts payable within one year | 42/48 | €53,948 | €9,550 | -€44,398 | -82.3% |
| Trade debts | 44 | €49,713 | €3,500 | -€46,213 | -93.0% |
| Suppliers | 440/4 | €49,713 | €3,500 | -€46,213 | -93.0% |
| Advances received on contracts in progress | 46 | €4,235 | €6,050 | +€1,815 | +42.9% |
| Membership fees, donations, legacies and grants | 73 | €333,741 | €337,463 | +€3,722 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €322,230 | €304,811 | -€17,419 | -5.4% |
| Other operating charges | 640/8 | €446 | €265 | -€181 | -40.6% |
| Gross operating margin | 9900 | €11,512 | €32,652 | +€21,141 | +184% |
| Operating profit (loss) | 9901 | €11,066 | €32,387 | +€21,321 | +193% |
| Financial income | 75/76B | €5,757 | - | -€5,757 | |
| Recurring financial income | 75 | €5,757 | - | -€5,757 | |
| Financial charges | 65/66B | €398 | €414 | +€16 | +4.0% |
| Recurring financial charges | 65 | €398 | €414 | +€16 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €16,425 | €31,974 | +€15,549 | +94.7% |
| Profit (loss) for the period | 9904 | €16,425 | €31,974 | +€15,549 | +94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,425 | €31,974 | +€15,549 | +94.7% |
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 17 October 2026 via checked.be.