San Daniele: 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 Daniele
Largest movements
- Receivables within one year -€38,936
down €38,936 (-29.7%), from €131,240 to €92,304
of which Other amounts receivable: -€57,718
- Stocks and contracts -€15,168
down €15,168 (-34.2%), from €44,349 to €29,181
- Tangible fixed assets -€12,045
down €12,045 (-36.1%), from €33,385 to €21,340
of which Furniture and vehicles: -€10,625
- Cash -€4,819
down €4,819 (-5.1%), from €94,614 to €89,795
mainly Tax, wage and social debts (-€58,898) and Trade debts (-€18,377)
- Tax, wage and social debts -€58,898
down €58,898 (-70.8%), from €83,131 to €24,233
of which Remuneration and social security: -€48,742
- Other debts +€39,524
up €39,524 (+331%), from €11,945 to €51,468
- Trade debts -€18,377
down €18,377 (-23.7%), from €77,524 to €59,147
- Debts after one year -€13,938
no longer reported in 2025 (was €13,938)
- Profit (loss) carried forward -€10,516
down €10,516 (-8.7%), from €121,313 to €110,797
- Other operating charges -€4,443
down €4,443 (-53.8%), from €8,264 to €3,821
- Staff costs +€3,980
up €3,980 (+1.5%), from €268,667 to €272,647
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 | €346,382 | €274,012 | -€72,370 | -20.9% |
| Fixed assets | 21/28 | €33,583 | €21,538 | -€12,045 | -35.9% |
| Tangible fixed assets | 22/27 | €33,385 | €21,340 | -€12,045 | -36.1% |
| Land and buildings | 22 | €1,946 | €1,672 | -€274 | -14.1% |
| Plant, machinery and equipment | 23 | €202 | - | -€202 | |
| Furniture and vehicles | 24 | €24,921 | €14,296 | -€10,625 | -42.6% |
| Other tangible fixed assets | 26 | €6,316 | €5,371 | -€945 | -15.0% |
| Financial fixed assets | 28 | €198 | €198 | = | 0.0% |
| Current assets | 29/58 | €312,799 | €252,474 | -€60,325 | -19.3% |
| Amounts receivable after more than one year | 29 | €34,652 | €35,520 | +€868 | +2.5% |
| Other amounts receivable | 291 | €34,652 | €35,520 | +€868 | +2.5% |
| Stocks and contracts in progress | 3 | €44,349 | €29,181 | -€15,168 | -34.2% |
| Stocks | 30/36 | €44,349 | €29,181 | -€15,168 | -34.2% |
| Amounts receivable within one year | 40/41 | €131,240 | €92,304 | -€38,936 | -29.7% |
| Trade receivables | 40 | €4,644 | €23,426 | +€18,782 | +404% |
| Other amounts receivable | 41 | €126,597 | €68,879 | -€57,718 | -45.6% |
| Cash at bank and in hand | 54/58 | €94,614 | €89,795 | -€4,819 | -5.1% |
| Deferred charges and accrued income | 490/1 | €7,944 | €5,673 | -€2,271 | -28.6% |
| Total equity and liabilities | 10/49 | €346,382 | €274,012 | -€72,370 | -20.9% |
| Equity | 10/15 | €149,679 | €139,164 | -€10,516 | -7.0% |
| Contributions | 10/11 | €6,507 | €6,507 | = | 0.0% |
| Reserves | 13 | €21,859 | €21,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,313 | €110,797 | -€10,516 | -8.7% |
| Amounts payable | 17/49 | €196,703 | €134,848 | -€61,855 | -31.4% |
| Amounts payable after more than one year | 17 | €13,938 | - | -€13,938 | |
| Financial debts | 170/4 | €13,938 | - | -€13,938 | |
| Amounts payable within one year | 42/48 | €182,758 | €134,848 | -€47,910 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €10,159 | - | -€10,159 | |
| Trade debts | 44 | €77,524 | €59,147 | -€18,377 | -23.7% |
| Suppliers | 440/4 | €77,524 | €59,147 | -€18,377 | -23.7% |
| Taxes, remuneration and social security | 45 | €83,131 | €24,233 | -€58,898 | -70.8% |
| Taxes | 450/3 | €20,979 | €10,823 | -€10,156 | -48.4% |
| Remuneration and social security | 454/9 | €62,152 | €13,410 | -€48,742 | -78.4% |
| Other amounts payable | 47/48 | €11,945 | €51,468 | +€39,524 | +331% |
| Accrued charges and deferred income | 492/3 | €6 | - | -€6 | |
| Remuneration, social security and pensions | 62 | €268,667 | €272,647 | +€3,980 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,165 | €12,045 | +€880 | +7.9% |
| Other operating charges | 640/8 | €8,264 | €3,821 | -€4,443 | -53.8% |
| Gross operating margin | 9900 | €287,240 | €290,029 | +€2,789 | +1.0% |
| Operating profit (loss) | 9901 | -€857 | €1,515 | +€2,372 | |
| Financial income | 75/76B | €3,583 | €3,921 | +€338 | +9.4% |
| Recurring financial income | 75 | €3,583 | €3,921 | +€338 | +9.4% |
| Financial charges | 65/66B | €17,534 | €15,585 | -€1,949 | -11.1% |
| Recurring financial charges | 65 | €17,534 | €15,585 | -€1,949 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,808 | -€10,149 | +€4,659 | +31.5% |
| Income taxes | 67/77 | €536 | €367 | -€169 | -31.6% |
| Profit (loss) for the period | 9904 | -€15,344 | -€10,516 | +€4,828 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,344 | -€10,516 | +€4,828 | +31.5% |
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 31 October 2026 via checked.be.