NEW SANICAL: 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.
What changed
NEW SANICAL
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€66,257
2024 · €61,982+€4,275
Equity
€600,637
2024 · €534,380+€66,257
Cash
€193,844
2024 · €109,185+€84,659
Balance sheet total
€816,007
2024 · €725,939+€90,067
Largest movements
Assets
- Receivables after one year +€101,485
new in 2025: €101,485
- Current investments -€86,370
down €86,370 (-28.2%), from €305,855 to €219,485
- Cash +€84,659
up €84,659 (+77.5%), from €109,185 to €193,844
mainly Current investments (+€86,370) and Net result for the year (+€66,257)
- Tangible fixed assets -€18,885
down €18,885 (-13.4%), from €140,797 to €121,912
Equity and liabilities
- Profit (loss) carried forward +€66,257
up €66,257 (+16.3%), from €406,320 to €472,577
- Trade debts +€19,041
up €19,041 (+20.5%), from €93,004 to €112,045
- Current portion of long-term debt +€16,625
up €16,625 (+50.1%), from €33,182 to €49,807
- Advances received -€9,236
no longer reported in 2025 (was €9,236)
Income statement
- Gross operating margin +€27,547
up €27,547 (+5.9%), from €463,229 to €490,775
- Staff costs +€23,784
up €23,784 (+7.0%), from €338,407 to €362,191
- Other operating charges +€13,844
up €13,844 (+500%), from €2,769 to €16,613
- Taxes -€9,047
down €9,047 (-27.2%), from €33,200 to €24,153
- Financial income +€5,281
up €5,281 (+139%), from €3,793 to €9,074
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.
Result 2024
€61,982
Gross operating margin
+€27,547
Staff costs
-€23,784
Depreciation
+€1,139
Other operating charges
-€13,844
Other operating items
-€769
Financial income
+€5,281
Financial charges
-€341
Taxes
+€9,047
Result 2025
€66,257
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€8,436
Investment
+€79,932
Financing
+€13,163
Cash 2024
€109,185
From operations (derived)
-€8,436
Net result for the year
+€66,257
Depreciation
+€25,323
Receivables after one year
-€101,485
Stocks and contracts
-€1,512
Receivables within one year
-€7,666
Trade debts
+€19,041
Tax, wage and social debts
-€1,398
Advances received
-€9,236
Other debts
+€2,241
Investment (derived)
+€79,932
Investment in fixed assets (net)
-€6,438
Current investments
+€86,370
Financing
+€13,163
Debts after one year
-€3,434
Current portion of long-term debt
+€16,625
Short-term financial debts
-€28
Cash 2025
€193,844
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €725,939 | €816,007 | +€90,067 | +12.4% |
| Fixed assets | 21/28 | €140,797 | €121,912 | -€18,885 | -13.4% |
| Tangible fixed assets | 22/27 | €140,797 | €121,912 | -€18,885 | -13.4% |
| Land and buildings | 22 | €25,626 | €21,869 | -€3,756 | -14.7% |
| Plant, machinery and equipment | 23 | €8,636 | €6,547 | -€2,089 | -24.2% |
| Furniture and vehicles | 24 | €9,613 | €2,395 | -€7,218 | -75.1% |
| Other tangible fixed assets | 26 | €96,923 | €91,101 | -€5,822 | -6.0% |
| Current assets | 29/58 | €585,142 | €694,094 | +€108,952 | +18.6% |
| Amounts receivable after more than one year | 29 | - | €101,485 | +€101,485 | |
| Trade receivables | 290 | - | €101,485 | +€101,485 | |
| Stocks and contracts in progress | 3 | €85,743 | €87,255 | +€1,512 | +1.8% |
| Stocks | 30/36 | €85,743 | €87,255 | +€1,512 | +1.8% |
| Amounts receivable within one year | 40/41 | €84,359 | €92,025 | +€7,666 | +9.1% |
| Trade receivables | 40 | €83,359 | €80,025 | -€3,334 | -4.0% |
| Other amounts receivable | 41 | €1,000 | €12,000 | +€11,000 | +1,100% |
| Current investments | 50/53 | €305,855 | €219,485 | -€86,370 | -28.2% |
| Cash at bank and in hand | 54/58 | €109,185 | €193,844 | +€84,659 | +77.5% |
| Total equity and liabilities | 10/49 | €725,939 | €816,007 | +€90,067 | +12.4% |
| Equity | 10/15 | €534,380 | €600,637 | +€66,257 | +12.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €121,860 | €121,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €406,320 | €472,577 | +€66,257 | +16.3% |
| Amounts payable | 17/49 | €191,559 | €215,369 | +€23,810 | +12.4% |
| Amounts payable after more than one year | 17 | €3,434 | - | -€3,434 | |
| Trade debts | 175 | €3,434 | - | -€3,434 | |
| Amounts payable within one year | 42/48 | €188,125 | €215,369 | +€27,244 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €33,182 | €49,807 | +€16,625 | +50.1% |
| Financial debts | 43 | €28 | - | -€28 | |
| Credit institutions | 430/8 | €28 | - | -€28 | |
| Trade debts | 44 | €93,004 | €112,045 | +€19,041 | +20.5% |
| Suppliers | 440/4 | €93,004 | €112,045 | +€19,041 | +20.5% |
| Advances received on contracts in progress | 46 | €9,236 | - | -€9,236 | |
| Taxes, remuneration and social security | 45 | €40,767 | €39,368 | -€1,398 | -3.4% |
| Taxes | 450/3 | €18,639 | €7,975 | -€10,664 | -57.2% |
| Remuneration and social security | 454/9 | €22,128 | €31,394 | +€9,266 | +41.9% |
| Other amounts payable | 47/48 | €11,909 | €14,149 | +€2,241 | +18.8% |
| Non-recurring operating income | 76A | - | €5 | +€5 | |
| Remuneration, social security and pensions | 62 | €338,407 | €362,191 | +€23,784 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,462 | €25,323 | -€1,139 | -4.3% |
| Other operating charges | 640/8 | €2,769 | €16,613 | +€13,844 | +500% |
| Non-recurring operating charges | 66A | €330 | €1,099 | +€769 | +233% |
| Gross operating margin | 9900 | €463,229 | €490,775 | +€27,547 | +5.9% |
| Operating profit (loss) | 9901 | €95,261 | €85,549 | -€9,712 | -10.2% |
| Financial income | 75/76B | €3,793 | €9,074 | +€5,281 | +139% |
| Recurring financial income | 75 | €3,793 | €9,074 | +€5,281 | +139% |
| Financial charges | 65/66B | €3,871 | €4,212 | +€341 | +8.8% |
| Recurring financial charges | 65 | €3,871 | €4,212 | +€341 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €95,183 | €90,410 | -€4,772 | -5.0% |
| Income taxes | 67/77 | €33,200 | €24,153 | -€9,047 | -27.2% |
| Profit (loss) for the period | 9904 | €61,982 | €66,257 | +€4,275 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,982 | €66,257 | +€4,275 | +6.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.