SANA MH: 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.
SANA MH
Largest movements
- Cash +€15,602
up €15,602 (+235%), from €6,645 to €22,247
mainly Depreciation (+€12,460) and Net result for the year (+€11,167)
- Tangible fixed assets -€7,869
down €7,869 (-11.0%), from €71,518 to €63,649
of which Furniture and vehicles: -€5,156
- Receivables within one year -€6,504
down €6,504 (-54.7%), from €11,884 to €5,380
- Debts after one year -€20,387
down €20,387 (-43.9%), from €46,411 to €26,024
- Reserves +€11,000
up €11,000 (+61.1%), from €18,000 to €29,000
- Tax, wage and social debts +€7,747
up €7,747 (+164%), from €4,727 to €12,474
of which Taxes: +€4,578
- Trade debts +€2,550
up €2,550 (+97.4%), from €2,619 to €5,169
- Gross operating margin +€30,321
up €30,321 (+182%), from €16,632 to €46,953
- Staff costs +€4,629
up €4,629 (+117%), from €3,957 to €8,585
- Depreciation -€4,364
down €4,364 (-25.9%), from €16,824 to €12,460
- Other operating charges +€1,352
up €1,352 (+39.2%), from €3,445 to €4,797
- Financial charges +€590
up €590 (+16.7%), from €3,529 to €4,118
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 | €103,470 | €105,531 | +€2,061 | +2.0% |
| Fixed assets | 21/28 | €72,093 | €64,224 | -€7,869 | -10.9% |
| Tangible fixed assets | 22/27 | €71,518 | €63,649 | -€7,869 | -11.0% |
| Plant, machinery and equipment | 23 | €9,461 | €7,998 | -€1,463 | -15.5% |
| Furniture and vehicles | 24 | €58,960 | €53,803 | -€5,156 | -8.7% |
| Other tangible fixed assets | 26 | €3,098 | €1,848 | -€1,250 | -40.4% |
| Financial fixed assets | 28 | €575 | €575 | = | 0.0% |
| Current assets | 29/58 | €31,377 | €41,308 | +€9,930 | +31.6% |
| Stocks and contracts in progress | 3 | €11,129 | €11,250 | +€121 | +1.1% |
| Stocks | 30/36 | €11,129 | €11,250 | +€121 | +1.1% |
| Amounts receivable within one year | 40/41 | €11,884 | €5,380 | -€6,504 | -54.7% |
| Other amounts receivable | 41 | €11,884 | €5,380 | -€6,504 | -54.7% |
| Cash at bank and in hand | 54/58 | €6,645 | €22,247 | +€15,602 | +235% |
| Deferred charges and accrued income | 490/1 | €1,719 | €2,431 | +€711 | +41.4% |
| Total equity and liabilities | 10/49 | €103,470 | €105,531 | +€2,061 | +2.0% |
| Equity | 10/15 | €30,311 | €41,478 | +€11,167 | +36.8% |
| Contributions | 10/11 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €18,000 | €29,000 | +€11,000 | +61.1% |
| Distributable reserves | 133 | €18,000 | €29,000 | +€11,000 | +61.1% |
| Profit (loss) carried forward | 14 | €211 | €378 | +€167 | +79.0% |
| Amounts payable | 17/49 | €73,159 | €64,054 | -€9,106 | -12.4% |
| Amounts payable after more than one year | 17 | €46,411 | €26,024 | -€20,387 | -43.9% |
| Financial debts | 170/4 | €46,411 | €26,024 | -€20,387 | -43.9% |
| Amounts payable within one year | 42/48 | €26,749 | €38,029 | +€11,281 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €19,403 | €20,387 | +€984 | +5.1% |
| Trade debts | 44 | €2,619 | €5,169 | +€2,550 | +97.4% |
| Suppliers | 440/4 | €2,619 | €5,169 | +€2,550 | +97.4% |
| Taxes, remuneration and social security | 45 | €4,727 | €12,474 | +€7,747 | +164% |
| Taxes | 450/3 | €1,740 | €6,317 | +€4,578 | +263% |
| Remuneration and social security | 454/9 | €2,988 | €6,157 | +€3,169 | +106% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €194 | €0 | -€194 | -100% |
| Remuneration, social security and pensions | 62 | €3,957 | €8,585 | +€4,629 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,824 | €12,460 | -€4,364 | -25.9% |
| Other operating charges | 640/8 | €3,445 | €4,797 | +€1,352 | +39.2% |
| Non-recurring operating charges | 66A | - | €3,058 | +€3,058 | |
| Gross operating margin | 9900 | €16,632 | €46,953 | +€30,321 | +182% |
| Operating profit (loss) | 9901 | -€7,593 | €18,053 | +€25,647 | |
| Financial income | 75/76B | €37 | €179 | +€141 | +377% |
| Recurring financial income | 75 | €37 | €179 | +€141 | +377% |
| Financial charges | 65/66B | €3,529 | €4,118 | +€590 | +16.7% |
| Recurring financial charges | 65 | €3,529 | €4,118 | +€590 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,084 | €14,114 | +€25,198 | |
| Income taxes | 67/77 | €3,254 | €2,947 | -€307 | -9.4% |
| Profit (loss) for the period | 9904 | -€14,339 | €11,167 | +€25,505 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,339 | €11,167 | +€25,505 |
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 26 October 2026 via checked.be.