SAN TORII: 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 TORII
Largest movements
- Cash +€27,014
up €27,014 (+164%), from €16,512 to €43,525
mainly Trade debts (+€18,260) and Other debts (+€18,091)
- Receivables within one year +€11,007
up €11,007 (+55.2%), from €19,958 to €30,966
- Tangible fixed assets -€7,119
down €7,119 (-4.9%), from €145,380 to €138,261
of which Land and buildings: -€6,807
- Trade debts +€18,260
up €18,260 (+308%), from €5,936 to €24,196
- Other debts +€18,091
up €18,091 (+147%), from €12,335 to €30,426
- Debts after one year -€4,755
down €4,755 (-3.7%), from €129,314 to €124,559
- Depreciation -€19,455
down €19,455 (-57.2%), from €34,041 to €14,586
- Gross operating margin -€14,807
down €14,807 (-35.8%), from €41,395 to €26,588
- Financial charges +€3,462
up €3,462 (+153%), from €2,256 to €5,718
- Other operating charges +€1,394
up €1,394 (+167%), from €837 to €2,231
- Taxes -€657
down €657 (-43.3%), from €1,518 to €860
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 | €185,312 | €216,775 | +€31,463 | +17.0% |
| Fixed assets | 21/28 | €148,842 | €142,284 | -€6,558 | -4.4% |
| Intangible fixed assets | 21 | €3,062 | €2,402 | -€660 | -21.6% |
| Tangible fixed assets | 22/27 | €145,380 | €138,261 | -€7,119 | -4.9% |
| Land and buildings | 22 | €133,894 | €127,087 | -€6,807 | -5.1% |
| Plant, machinery and equipment | 23 | €273 | €4,482 | +€4,209 | +1,540% |
| Furniture and vehicles | 24 | €11,213 | €6,692 | -€4,521 | -40.3% |
| Financial fixed assets | 28 | €400 | €1,621 | +€1,221 | +305% |
| Current assets | 29/58 | €36,470 | €74,491 | +€38,021 | +104% |
| Amounts receivable within one year | 40/41 | €19,958 | €30,966 | +€11,007 | +55.2% |
| Trade receivables | 40 | €19,958 | €30,966 | +€11,007 | +55.2% |
| Cash at bank and in hand | 54/58 | €16,512 | €43,525 | +€27,014 | +164% |
| Total equity and liabilities | 10/49 | €185,312 | €216,775 | +€31,463 | +17.0% |
| Equity | 10/15 | €26,674 | €26,988 | +€314 | +1.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €26,574 | €26,888 | +€314 | +1.2% |
| Distributable reserves | 133 | €26,574 | €26,888 | +€314 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €158,638 | €189,787 | +€31,149 | +19.6% |
| Amounts payable after more than one year | 17 | €129,314 | €124,559 | -€4,755 | -3.7% |
| Financial debts | 170/4 | €129,314 | €124,559 | -€4,755 | -3.7% |
| Amounts payable within one year | 42/48 | €29,324 | €65,228 | +€35,904 | +122% |
| Current portion of amounts payable after more than one year | 42 | €4,571 | €4,755 | +€184 | +4.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,936 | €24,196 | +€18,260 | +308% |
| Suppliers | 440/4 | €5,936 | €24,196 | +€18,260 | +308% |
| Taxes, remuneration and social security | 45 | €6,482 | €5,851 | -€632 | -9.7% |
| Taxes | 450/3 | €6,482 | €5,851 | -€632 | -9.7% |
| Other amounts payable | 47/48 | €12,335 | €30,426 | +€18,091 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,041 | €14,586 | -€19,455 | -57.2% |
| Other operating charges | 640/8 | €837 | €2,231 | +€1,394 | +167% |
| Gross operating margin | 9900 | €41,395 | €26,588 | -€14,807 | -35.8% |
| Operating profit (loss) | 9901 | €6,518 | €9,771 | +€3,254 | +49.9% |
| Financial income | 75/76B | - | €121 | +€121 | |
| Recurring financial income | 75 | - | €121 | +€121 | |
| Financial charges | 65/66B | €2,256 | €5,718 | +€3,462 | +153% |
| Recurring financial charges | 65 | €2,256 | €5,718 | +€3,462 | +153% |
| Profit (loss) for the period before taxes | 9903 | €4,261 | €4,174 | -€87 | -2.0% |
| Income taxes | 67/77 | €1,518 | €860 | -€657 | -43.3% |
| Profit (loss) for the period | 9904 | €2,744 | €3,314 | +€570 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,744 | €3,314 | +€570 | +20.8% |
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.