San MC: 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 MC
Largest movements
- Receivables within one year +€210,504
up €210,504 (+24.1%), from €873,343 to €1.1m
of which Other amounts receivable: +€126,491
- Profit (loss) carried forward +€85,699
up €85,699 (+25.5%), from €335,418 to €421,116
- Other debts +€71,913
up €71,913 (+83.7%), from €85,967 to €157,880
- Tax, wage and social debts -€62,830
down €62,830 (-45.5%), from €138,048 to €75,217
of which Taxes: -€66,055
- Short-term financial debts +€61,482
up €61,482 (+677%), from €9,086 to €70,569
- Trade debts +€29,502
up €29,502 (+10.2%), from €289,851 to €319,354
- Staff costs +€34,903
up €34,903 (+29.8%), from €117,251 to €152,154
- Gross operating margin +€30,496
up €30,496 (+14.1%), from €216,485 to €246,981
- Financial income +€16,454
up €16,454 (+57.7%), from €28,523 to €44,977
- Other operating charges +€7,527
up €7,527 (+275%), from €2,734 to €10,261
- Financial charges +€5,204
up €5,204 (+344%), from €1,511 to €6,715
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €878,830 | €1,093,050 | +€214,220 | +24.4% |
| Fixed assets | 21/28 | €5,436 | €7,946 | +€2,510 | +46.2% |
| Tangible fixed assets | 22/27 | €5,436 | €4,640 | -€797 | -14.7% |
| Plant, machinery and equipment | 23 | €3,902 | €4,013 | +€111 | +2.8% |
| Furniture and vehicles | 24 | €1,534 | €626 | -€908 | -59.2% |
| Financial fixed assets | 28 | - | €3,306 | +€3,306 | |
| Current assets | 29/58 | €873,393 | €1,085,104 | +€211,711 | +24.2% |
| Amounts receivable within one year | 40/41 | €873,343 | €1,083,847 | +€210,504 | +24.1% |
| Trade receivables | 40 | €160,880 | €244,893 | +€84,013 | +52.2% |
| Other amounts receivable | 41 | €712,463 | €838,954 | +€126,491 | +17.8% |
| Cash at bank and in hand | 54/58 | - | €1,237 | +€1,237 | |
| Deferred charges and accrued income | 490/1 | €50 | €20 | -€30 | -60.0% |
| Total equity and liabilities | 10/49 | €878,830 | €1,093,050 | +€214,220 | +24.4% |
| Equity | 10/15 | €355,878 | €441,576 | +€85,699 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €335,418 | €421,116 | +€85,699 | +25.5% |
| Amounts payable | 17/49 | €522,952 | €651,474 | +€128,522 | +24.6% |
| Amounts payable after more than one year | 17 | - | €7,289 | +€7,289 | |
| Financial debts | 170/4 | - | €7,289 | +€7,289 | |
| Amounts payable within one year | 42/48 | €522,952 | €644,185 | +€121,233 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | - | €21,166 | +€21,166 | |
| Financial debts | 43 | €9,086 | €70,569 | +€61,482 | +677% |
| Credit institutions | 430/8 | €9,086 | €70,569 | +€61,482 | +677% |
| Trade debts | 44 | €289,851 | €319,354 | +€29,502 | +10.2% |
| Suppliers | 440/4 | €289,851 | €319,354 | +€29,502 | +10.2% |
| Taxes, remuneration and social security | 45 | €138,048 | €75,217 | -€62,830 | -45.5% |
| Taxes | 450/3 | €110,663 | €44,608 | -€66,055 | -59.7% |
| Remuneration and social security | 454/9 | €27,384 | €30,609 | +€3,224 | +11.8% |
| Other amounts payable | 47/48 | €85,967 | €157,880 | +€71,913 | +83.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €117,251 | €152,154 | +€34,903 | +29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,487 | €2,472 | -€15 | -0.6% |
| Other operating charges | 640/8 | €2,734 | €10,261 | +€7,527 | +275% |
| Non-recurring operating charges | 66A | €53 | €0 | -€53 | -100% |
| Gross operating margin | 9900 | €216,485 | €246,981 | +€30,496 | +14.1% |
| Operating profit (loss) | 9901 | €93,961 | €82,094 | -€11,866 | -12.6% |
| Financial income | 75/76B | €28,523 | €44,977 | +€16,454 | +57.7% |
| Recurring financial income | 75 | €28,523 | €44,977 | +€16,454 | +57.7% |
| Financial charges | 65/66B | €1,511 | €6,715 | +€5,204 | +344% |
| Recurring financial charges | 65 | €1,511 | €6,715 | +€5,204 | +344% |
| Profit (loss) for the period before taxes | 9903 | €120,972 | €120,356 | -€616 | -0.5% |
| Income taxes | 67/77 | €33,407 | €34,658 | +€1,251 | +3.7% |
| Profit (loss) for the period | 9904 | €87,565 | €85,699 | -€1,867 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,565 | €85,699 | -€1,867 | -2.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.