NEW SANITARI: 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.
NEW SANITARI
Largest movements
- Tangible fixed assets -€44,942
down €44,942 (-17.6%), from €255,832 to €210,890
of which Land and buildings: -€42,569
- Deferred charges and accrued income -€5,100
down €5,100 (-20.0%), from €25,500 to €20,400
- Debts after one year -€51,607
down €51,607 (-26.2%), from €197,124 to €145,517
- Other debts -€25,000
down €25,000 (-33.5%), from €74,580 to €49,580
- Profit (loss) carried forward +€22,556
up €22,556 (+46.8%), from -€48,242 to -€25,686
- Gross operating margin +€13,832
up €13,832 (+19.3%), from €71,620 to €85,453
- Other operating charges +€3,929
up €3,929 (+52.6%), from €7,474 to €11,403
- Financial charges -€1,411
down €1,411 (-13.6%), from €10,340 to €8,929
- Depreciation -€1,200
down €1,200 (-2.7%), from €43,769 to €42,569
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 | €303,702 | €252,894 | -€50,808 | -16.7% |
| Fixed assets | 21/28 | €255,941 | €210,999 | -€44,942 | -17.6% |
| Tangible fixed assets | 22/27 | €255,832 | €210,890 | -€44,942 | -17.6% |
| Land and buildings | 22 | €253,458 | €210,890 | -€42,569 | -16.8% |
| Furniture and vehicles | 24 | €2,374 | - | -€2,374 | |
| Financial fixed assets | 28 | €109 | €109 | = | 0.0% |
| Current assets | 29/58 | €47,761 | €41,895 | -€5,866 | -12.3% |
| Amounts receivable within one year | 40/41 | €20,158 | €20,557 | +€400 | +2.0% |
| Trade receivables | 40 | €158 | €557 | +€400 | +253% |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,103 | €938 | -€1,166 | -55.4% |
| Deferred charges and accrued income | 490/1 | €25,500 | €20,400 | -€5,100 | -20.0% |
| Total equity and liabilities | 10/49 | €303,702 | €252,894 | -€50,808 | -16.7% |
| Equity | 10/15 | -€28,002 | -€5,446 | +€22,556 | +80.6% |
| Contributions | 10/11 | €19,905 | €19,905 | = | 0.0% |
| Reserves | 13 | €334 | €334 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30 | €30 | = | 0.0% |
| Other | 1319 | €30 | €30 | = | 0.0% |
| Tax-exempt reserves | 132 | €92 | €92 | = | 0.0% |
| Distributable reserves | 133 | €212 | €212 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,242 | -€25,686 | +€22,556 | +46.8% |
| Amounts payable | 17/49 | €331,704 | €258,340 | -€73,364 | -22.1% |
| Amounts payable after more than one year | 17 | €197,124 | €145,517 | -€51,607 | -26.2% |
| Financial debts | 170/4 | €197,124 | €145,517 | -€51,607 | -26.2% |
| Amounts payable within one year | 42/48 | €134,178 | €112,421 | -€21,757 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €50,924 | €51,607 | +€683 | +1.3% |
| Trade debts | 44 | €8,674 | €11,234 | +€2,560 | +29.5% |
| Suppliers | 440/4 | €8,674 | €11,234 | +€2,560 | +29.5% |
| Other amounts payable | 47/48 | €74,580 | €49,580 | -€25,000 | -33.5% |
| Accrued charges and deferred income | 492/3 | €402 | €402 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,769 | €42,569 | -€1,200 | -2.7% |
| Other operating charges | 640/8 | €7,474 | €11,403 | +€3,929 | +52.6% |
| Gross operating margin | 9900 | €71,620 | €85,453 | +€13,832 | +19.3% |
| Operating profit (loss) | 9901 | €20,378 | €31,481 | +€11,103 | +54.5% |
| Financial income | 75/76B | €5 | €4 | -€1 | -28.0% |
| Recurring financial income | 75 | €5 | €4 | -€1 | -28.0% |
| Non-recurring financial income | 76B | €5 | €4 | -€1 | -28.0% |
| Financial charges | 65/66B | €10,340 | €8,929 | -€1,411 | -13.6% |
| Recurring financial charges | 65 | €10,340 | €8,929 | -€1,411 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €10,043 | €22,556 | +€12,512 | +125% |
| Profit (loss) for the period | 9904 | €10,043 | €22,556 | +€12,512 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €10,043 | €22,556 | +€12,512 | +125% |
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 14 October 2026 via checked.be.