San-Bouw: 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.
San-Bouw
Largest movements
- Stocks and contracts +€600,955
up €600,955 (+5,033%), from €11,940 to €612,896
- Deferred charges and accrued income +€340,704
up €340,704 (+47,968%), from €710 to €341,415
- Receivables within one year +€254,446
up €254,446 (+11,580%), from €2,197 to €256,643
of which Trade receivables: +€250,609
- Cash +€104,872
up €104,872 (+13,566%), from €773 to €105,645
mainly Advances received (+€719,028) and Debts after one year (+€240,992)
- Tangible fixed assets -€56,930
down €56,930 (-14.9%), from €382,983 to €326,053
- Advances received +€719,028
new in 2025: €719,028
- Debts after one year +€240,992
up €240,992 (+84.2%), from €286,370 to €527,362
- Profit (loss) carried forward +€232,718
up €232,718 (+71.5%), from -€325,496 to -€92,778
- Tax, wage and social debts +€43,605
up €43,605 (+44,166%), from €99 to €43,704
- Trade debts +€22,435
up €22,435 (+448%), from €5,006 to €27,441
- Gross operating margin +€321,995
up €321,995, from -€12,090 to €309,905
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 | €398,604 | €1,642,652 | +€1.2m | +312% |
| Fixed assets | 21/28 | €382,983 | €326,053 | -€56,930 | -14.9% |
| Tangible fixed assets | 22/27 | €382,983 | €326,053 | -€56,930 | -14.9% |
| Land and buildings | 22 | €294,228 | €278,069 | -€16,159 | -5.5% |
| Plant, machinery and equipment | 23 | €50,354 | €32,060 | -€18,293 | -36.3% |
| Furniture and vehicles | 24 | €4,009 | €1,552 | -€2,457 | -61.3% |
| Leasing and similar rights | 25 | €34,392 | €14,371 | -€20,021 | -58.2% |
| Current assets | 29/58 | €15,621 | €1,316,599 | +€1.3m | +8,328% |
| Stocks and contracts in progress | 3 | €11,940 | €612,896 | +€600,955 | +5,033% |
| Stocks | 30/36 | €11,940 | €612,896 | +€600,955 | +5,033% |
| Amounts receivable within one year | 40/41 | €2,197 | €256,643 | +€254,446 | +11,580% |
| Trade receivables | 40 | €0 | €250,609 | +€250,609 | |
| Other amounts receivable | 41 | €2,197 | €6,034 | +€3,837 | +175% |
| Cash at bank and in hand | 54/58 | €773 | €105,645 | +€104,872 | +13,566% |
| Deferred charges and accrued income | 490/1 | €710 | €341,415 | +€340,704 | +47,968% |
| Total equity and liabilities | 10/49 | €398,604 | €1,642,652 | +€1.2m | +312% |
| Equity | 10/15 | €74,504 | €307,222 | +€232,718 | +312% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€325,496 | -€92,778 | +€232,718 | +71.5% |
| Amounts payable | 17/49 | €324,100 | €1,335,430 | +€1.0m | +312% |
| Amounts payable after more than one year | 17 | €286,370 | €527,362 | +€240,992 | +84.2% |
| Financial debts | 170/4 | €286,370 | €527,362 | +€240,992 | +84.2% |
| Amounts payable within one year | 42/48 | €37,730 | €808,068 | +€770,338 | +2,042% |
| Current portion of amounts payable after more than one year | 42 | €32,625 | €17,894 | -€14,731 | -45.2% |
| Trade debts | 44 | €5,006 | €27,441 | +€22,435 | +448% |
| Suppliers | 440/4 | €5,006 | €27,441 | +€22,435 | +448% |
| Advances received on contracts in progress | 46 | - | €719,028 | +€719,028 | |
| Taxes, remuneration and social security | 45 | €99 | €43,704 | +€43,605 | +44,166% |
| Taxes | 450/3 | €99 | €43,704 | +€43,605 | +44,166% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,184 | €67,854 | +€1,670 | +2.5% |
| Other operating charges | 640/8 | €6,060 | €4,822 | -€1,237 | -20.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€12,090 | €309,905 | +€321,995 | |
| Operating profit (loss) | 9901 | -€84,334 | €237,228 | +€321,562 | |
| Financial income | 75/76B | €1 | €163 | +€162 | +12,934% |
| Recurring financial income | 75 | €1 | €163 | +€162 | +12,934% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,693 | €4,673 | +€2,980 | +176% |
| Recurring financial charges | 65 | €1,693 | €4,673 | +€2,980 | +176% |
| Profit (loss) for the period before taxes | 9903 | -€86,026 | €232,718 | +€318,744 | |
| Income taxes | 67/77 | €1,697 | €0 | -€1,697 | -100% |
| Profit (loss) for the period | 9904 | -€87,723 | €232,718 | +€320,441 | |
| Profit (loss) for the period to be appropriated | 9905 | -€87,723 | €232,718 | +€320,441 |
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 27 October 2026 via checked.be.