SAN SHUI: 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 SHUI
Largest movements
- Cash -€4,513
down €4,513 (-47.7%), from €9,461 to €4,948
mainly Net result for the year (-€4,437) and Receivables within one year (-€77)
- Profit (loss) carried forward -€4,437
down €4,437 (-42.6%), from €10,416 to €5,979
- Gross operating margin +€2,208
up €2,208 (+36.4%), from -€6,062 to -€3,854
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 | €15,916 | €11,479 | -€4,437 | -27.9% |
| Fixed assets | 21/28 | €6,000 | €6,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €9,916 | €5,479 | -€4,437 | -44.7% |
| Amounts receivable within one year | 40/41 | €455 | €532 | +€77 | +16.8% |
| Other amounts receivable | 41 | €455 | €532 | +€77 | +16.8% |
| Cash at bank and in hand | 54/58 | €9,461 | €4,948 | -€4,513 | -47.7% |
| Total equity and liabilities | 10/49 | €15,916 | €11,479 | -€4,437 | -27.9% |
| Equity | 10/15 | €12,916 | €8,479 | -€4,437 | -34.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,416 | €5,979 | -€4,437 | -42.6% |
| Amounts payable | 17/49 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €3,000 | €3,000 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€6,062 | -€3,854 | +€2,208 | +36.4% |
| Operating profit (loss) | 9901 | -€6,567 | -€4,374 | +€2,193 | +33.4% |
| Financial charges | 65/66B | €66 | €63 | -€3 | -4.7% |
| Recurring financial charges | 65 | €66 | €63 | -€3 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,633 | -€4,437 | +€2,196 | +33.1% |
| Profit (loss) for the period | 9904 | -€6,633 | -€4,437 | +€2,196 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,633 | -€4,437 | +€2,196 | +33.1% |
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 22 October 2026 via checked.be.