SAN YI: 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 YI
Largest movements
- Cash -€6,167
down €6,167 (-13.1%), from €47,247 to €41,080
mainly Short-term financial debts (-€7,500) and Current portion of long-term debt (-€7,400)
- Intangible fixed assets -€5,714
down €5,714 (-18.7%), from €30,588 to €24,874
- Tangible fixed assets -€3,804
down €3,804 (-24.7%), from €15,379 to €11,575
of which Furniture and vehicles: -€3,532
- Short-term financial debts -€7,500
no longer reported in 2025 (was €7,500)
- Current portion of long-term debt -€7,400
no longer reported in 2025 (was €7,400)
- Other debts -€5,351
down €5,351 (-23.6%), from €22,690 to €17,339
- Trade debts +€5,203
up €5,203 (+175%), from €2,977 to €8,180
of which Suppliers: +€3,111
- Reserves +€3,394
up €3,394 (+7.9%), from €43,165 to €46,559
- Gross operating margin -€20,587
down €20,587 (-19.7%), from €104,627 to €84,040
- Staff costs -€8,603
down €8,603 (-11.4%), from €75,596 to €66,993
- Taxes -€2,583
down €2,583 (-76.0%), from €3,397 to €814
- Depreciation +€1,251
up €1,251 (+12.9%), from €9,664 to €10,915
- Other operating charges -€1,248
down €1,248 (-54.4%), from €2,296 to €1,048
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 | €111,981 | €97,645 | -€14,336 | -12.8% |
| Fixed assets | 21/28 | €46,567 | €37,049 | -€9,518 | -20.4% |
| Intangible fixed assets | 21 | €30,588 | €24,874 | -€5,714 | -18.7% |
| Tangible fixed assets | 22/27 | €15,379 | €11,575 | -€3,804 | -24.7% |
| Plant, machinery and equipment | 23 | €895 | €623 | -€272 | -30.4% |
| Furniture and vehicles | 24 | €14,484 | €10,952 | -€3,532 | -24.4% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €65,414 | €60,596 | -€4,818 | -7.4% |
| Stocks and contracts in progress | 3 | €1,059 | €2,162 | +€1,103 | +104% |
| Stocks | 30/36 | €1,059 | €2,162 | +€1,103 | +104% |
| Amounts receivable within one year | 40/41 | €16,295 | €16,583 | +€288 | +1.8% |
| Trade receivables | 40 | €12,192 | €12,480 | +€288 | +2.4% |
| Other amounts receivable | 41 | €4,103 | €4,103 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €47,247 | €41,080 | -€6,167 | -13.1% |
| Deferred charges and accrued income | 490/1 | €813 | €771 | -€42 | -5.2% |
| Total equity and liabilities | 10/49 | €111,981 | €97,645 | -€14,336 | -12.8% |
| Equity | 10/15 | €51,165 | €54,559 | +€3,394 | +6.6% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €43,165 | €46,559 | +€3,394 | +7.9% |
| Distributable reserves | 133 | €43,165 | €46,559 | +€3,394 | +7.9% |
| Amounts payable | 17/49 | €60,816 | €43,086 | -€17,730 | -29.2% |
| Amounts payable within one year | 42/48 | €60,816 | €43,086 | -€17,730 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €7,400 | - | -€7,400 | |
| Financial debts | 43 | €7,500 | - | -€7,500 | |
| Credit institutions | 430/8 | €7,500 | - | -€7,500 | |
| Trade debts | 44 | €2,977 | €8,180 | +€5,203 | +175% |
| Suppliers | 440/4 | €2,977 | €6,088 | +€3,111 | +105% |
| Bills of exchange payable | 441 | - | €2,092 | +€2,092 | |
| Taxes, remuneration and social security | 45 | €20,249 | €17,567 | -€2,682 | -13.2% |
| Taxes | 450/3 | €11,722 | €4,206 | -€7,516 | -64.1% |
| Remuneration and social security | 454/9 | €8,527 | €13,361 | +€4,834 | +56.7% |
| Other amounts payable | 47/48 | €22,690 | €17,339 | -€5,351 | -23.6% |
| Remuneration, social security and pensions | 62 | €75,596 | €66,993 | -€8,603 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,664 | €10,915 | +€1,251 | +12.9% |
| Other operating charges | 640/8 | €2,296 | €1,048 | -€1,248 | -54.4% |
| Gross operating margin | 9900 | €104,627 | €84,040 | -€20,587 | -19.7% |
| Operating profit (loss) | 9901 | €17,071 | €5,084 | -€11,987 | -70.2% |
| Financial income | 75/76B | €41 | €4 | -€37 | -90.2% |
| Recurring financial income | 75 | €41 | €4 | -€37 | -90.2% |
| Financial charges | 65/66B | €437 | €880 | +€443 | +101% |
| Recurring financial charges | 65 | €437 | €880 | +€443 | +101% |
| Profit (loss) for the period before taxes | 9903 | €16,675 | €4,208 | -€12,467 | -74.8% |
| Income taxes | 67/77 | €3,397 | €814 | -€2,583 | -76.0% |
| Profit (loss) for the period | 9904 | €13,278 | €3,394 | -€9,884 | -74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,278 | €3,394 | -€9,884 | -74.4% |
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 19 October 2026 via checked.be.