SANAA: 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.
SANAA
Largest movements
- Cash +€7,937
up €7,937 (+181%), from €4,397 to €12,334
mainly Tax, wage and social debts (+€10,119) and Receivables within one year (+€5,897)
- Receivables within one year -€5,897
down €5,897 (-83.1%), from €7,097 to €1,200
of which Other amounts receivable: -€4,690
- Stocks and contracts -€3,857
down €3,857 (-6.1%), from €62,785 to €58,928
- Tangible fixed assets -€1,305
down €1,305 (-29.3%), from €4,452 to €3,147
of which Plant, machinery and equipment: -€957
- Trade debts -€14,295
down €14,295 (-85.8%), from €16,661 to €2,366
- Tax, wage and social debts +€10,119
up €10,119 (+22.6%), from €44,782 to €54,901
of which Remuneration and social security: +€10,758
- Profit (loss) carried forward +€1,159
up €1,159 (+3.4%), from -€33,638 to -€32,479
- Gross operating margin +€72,536
up €72,536 (+733%), from €9,897 to €82,433
- Staff costs +€18,583
up €18,583 (+32.0%), from €58,078 to €76,661
- Other operating charges +€1,191
up €1,191 (+64.0%), from €1,861 to €3,052
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 | €79,490 | €76,490 | -€3,000 | -3.8% |
| Fixed assets | 21/28 | €4,512 | €3,207 | -€1,305 | -28.9% |
| Tangible fixed assets | 22/27 | €4,452 | €3,147 | -€1,305 | -29.3% |
| Plant, machinery and equipment | 23 | €3,725 | €2,768 | -€957 | -25.7% |
| Furniture and vehicles | 24 | €727 | €379 | -€348 | -47.9% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €74,978 | €73,283 | -€1,695 | -2.3% |
| Stocks and contracts in progress | 3 | €62,785 | €58,928 | -€3,857 | -6.1% |
| Stocks | 30/36 | €62,785 | €58,928 | -€3,857 | -6.1% |
| Amounts receivable within one year | 40/41 | €7,097 | €1,200 | -€5,897 | -83.1% |
| Trade receivables | 40 | €1,207 | - | -€1,207 | |
| Other amounts receivable | 41 | €5,890 | €1,200 | -€4,690 | -79.6% |
| Cash at bank and in hand | 54/58 | €4,397 | €12,334 | +€7,937 | +181% |
| Deferred charges and accrued income | 490/1 | €699 | €821 | +€122 | +17.5% |
| Total equity and liabilities | 10/49 | €79,490 | €76,490 | -€3,000 | -3.8% |
| Equity | 10/15 | -€13,178 | -€12,019 | +€1,159 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€33,638 | -€32,479 | +€1,159 | +3.4% |
| Amounts payable | 17/49 | €92,668 | €88,509 | -€4,159 | -4.5% |
| Amounts payable within one year | 42/48 | €92,668 | €88,509 | -€4,159 | -4.5% |
| Trade debts | 44 | €16,661 | €2,366 | -€14,295 | -85.8% |
| Suppliers | 440/4 | €16,661 | €2,366 | -€14,295 | -85.8% |
| Taxes, remuneration and social security | 45 | €44,782 | €54,901 | +€10,119 | +22.6% |
| Taxes | 450/3 | €18,577 | €17,938 | -€639 | -3.4% |
| Remuneration and social security | 454/9 | €26,205 | €36,963 | +€10,758 | +41.1% |
| Other amounts payable | 47/48 | €31,225 | €31,242 | +€17 | +0.1% |
| Remuneration, social security and pensions | 62 | €58,078 | €76,661 | +€18,583 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,202 | €1,305 | +€103 | +8.6% |
| Other operating charges | 640/8 | €1,861 | €3,052 | +€1,191 | +64.0% |
| Gross operating margin | 9900 | €9,897 | €82,433 | +€72,536 | +733% |
| Operating profit (loss) | 9901 | -€51,244 | €1,415 | +€52,659 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €79 | €105 | +€26 | +32.9% |
| Recurring financial charges | 65 | €79 | €105 | +€26 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | -€51,323 | €1,311 | +€52,634 | |
| Income taxes | 67/77 | -€9 | €152 | +€161 | |
| Profit (loss) for the period | 9904 | -€51,314 | €1,159 | +€52,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,314 | €1,159 | +€52,473 |
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 13 October 2026 via checked.be.