LA SANTA: 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.
LA SANTA
Largest movements
- Tangible fixed assets -€7,721
down €7,721 (-53.3%), from €14,473 to €6,752
of which Plant, machinery and equipment: -€7,371
- Cash +€1,414
up €1,414 (+8.4%), from €16,846 to €18,260
mainly Depreciation (+€8,500) and Net result for the year (+€2,768)
- Receivables within one year -€838
down €838 (-97.4%), from €861 to €23
of which Other amounts receivable: -€860
- Debts after one year -€4,671
down €4,671 (-92.9%), from €5,028 to €358
- Trade debts -€3,853
down €3,853 (-45.5%), from €8,466 to €4,613
- Reserves +€2,768
up €2,768 (+36.4%), from €7,598 to €10,366
- Tax, wage and social debts -€1,627
down €1,627 (-49.6%), from €3,283 to €1,656
of which Taxes: -€2,652
- Current portion of long-term debt +€487
up €487 (+12.9%), from €3,768 to €4,255
- Gross operating margin +€29,094
up €29,094 (+493%), from €5,901 to €34,995
- Staff costs +€14,993
up €14,993 (+252%), from €5,957 to €20,950
- Other operating charges +€1,617
up €1,617 (+275%), from €587 to €2,203
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 | €34,531 | €27,550 | -€6,980 | -20.2% |
| Fixed assets | 21/28 | €14,473 | €6,752 | -€7,721 | -53.3% |
| Tangible fixed assets | 22/27 | €14,473 | €6,752 | -€7,721 | -53.3% |
| Plant, machinery and equipment | 23 | €13,712 | €6,340 | -€7,371 | -53.8% |
| Furniture and vehicles | 24 | €761 | €411 | -€350 | -46.0% |
| Current assets | 29/58 | €20,058 | €20,799 | +€741 | +3.7% |
| Stocks and contracts in progress | 3 | €2,351 | €2,516 | +€165 | +7.0% |
| Stocks | 30/36 | €2,351 | €2,516 | +€165 | +7.0% |
| Amounts receivable within one year | 40/41 | €861 | €23 | -€838 | -97.4% |
| Trade receivables | 40 | - | €22 | +€22 | |
| Other amounts receivable | 41 | €861 | €1 | -€860 | -99.9% |
| Cash at bank and in hand | 54/58 | €16,846 | €18,260 | +€1,414 | +8.4% |
| Total equity and liabilities | 10/49 | €34,531 | €27,550 | -€6,980 | -20.2% |
| Equity | 10/15 | €10,598 | €13,366 | +€2,768 | +26.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,598 | €10,366 | +€2,768 | +36.4% |
| Distributable reserves | 133 | €7,598 | €10,366 | +€2,768 | +36.4% |
| Amounts payable | 17/49 | €23,933 | €14,185 | -€9,748 | -40.7% |
| Amounts payable after more than one year | 17 | €5,028 | €358 | -€4,671 | -92.9% |
| Financial debts | 170/4 | €5,028 | €358 | -€4,671 | -92.9% |
| Amounts payable within one year | 42/48 | €18,904 | €13,827 | -€5,078 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €3,768 | €4,255 | +€487 | +12.9% |
| Trade debts | 44 | €8,466 | €4,613 | -€3,853 | -45.5% |
| Suppliers | 440/4 | €8,466 | €4,613 | -€3,853 | -45.5% |
| Taxes, remuneration and social security | 45 | €3,283 | €1,656 | -€1,627 | -49.6% |
| Taxes | 450/3 | €2,888 | €237 | -€2,652 | -91.8% |
| Remuneration and social security | 454/9 | €395 | €1,419 | +€1,024 | +260% |
| Other amounts payable | 47/48 | €3,388 | €3,304 | -€84 | -2.5% |
| Remuneration, social security and pensions | 62 | €5,957 | €20,950 | +€14,993 | +252% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,387 | €8,500 | +€113 | +1.3% |
| Other operating charges | 640/8 | €587 | €2,203 | +€1,617 | +275% |
| Gross operating margin | 9900 | €5,901 | €34,995 | +€29,094 | +493% |
| Operating profit (loss) | 9901 | -€9,030 | €3,341 | +€12,371 | |
| Financial income | 75/76B | €80 | €113 | +€34 | +42.1% |
| Recurring financial income | 75 | €80 | €113 | +€34 | +42.1% |
| Financial charges | 65/66B | €585 | €541 | -€44 | -7.5% |
| Recurring financial charges | 65 | €585 | €541 | -€44 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,536 | €2,913 | +€12,449 | |
| Income taxes | 67/77 | €79 | €145 | +€66 | +84.3% |
| Profit (loss) for the period | 9904 | -€9,614 | €2,768 | +€12,382 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,614 | €2,768 | +€12,382 |
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 23 October 2026 via checked.be.