SANAEL CONSULT: what changed
SANAEL CONSULT
Largest movements
- Current investments +€50,020
new in 2025: €50,020
- Receivables within one year -€46,322
down €46,322 (-91.4%), from €50,674 to €4,352
of which Trade receivables: -€49,558
- Tangible fixed assets -€1,962
down €1,962 (-13.4%), from €14,622 to €12,660
- Other debts +€17,000
new in 2025: €17,000
- Short-term financial debts -€8,520
no longer reported in 2025 (was €8,520)
- Trade debts -€4,195
down €4,195 (-43.0%), from €9,752 to €5,557
- Profit (loss) carried forward -€4,003
down €4,003 (-42.6%), from €9,403 to €5,400
- Tax, wage and social debts +€3,192
up €3,192 (+13.7%), from €23,313 to €26,505
of which Taxes: +€8,192
- Taxes +€1,068
up €1,068 (+25.4%), from €4,196 to €5,264
- Gross operating margin +€820
up €820 (+3.1%), from €26,258 to €27,077
- Depreciation +€315
up €315 (+19.1%), from €1,647 to €1,962
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,745 | €77,798 | +€2,053 | +2.7% |
| Fixed assets | 21/28 | €14,622 | €12,660 | -€1,962 | -13.4% |
| Tangible fixed assets | 22/27 | €14,622 | €12,660 | -€1,962 | -13.4% |
| Other tangible fixed assets | 26 | €14,622 | €12,660 | -€1,962 | -13.4% |
| Current assets | 29/58 | €61,123 | €65,138 | +€4,015 | +6.6% |
| Amounts receivable within one year | 40/41 | €50,674 | €4,352 | -€46,322 | -91.4% |
| Trade receivables | 40 | €50,674 | €1,116 | -€49,558 | -97.8% |
| Other amounts receivable | 41 | - | €3,236 | +€3,236 | |
| Current investments | 50/53 | - | €50,020 | +€50,020 | |
| Deferred charges and accrued income | 490/1 | €10,449 | €10,766 | +€317 | +3.0% |
| Total equity and liabilities | 10/49 | €75,745 | €77,798 | +€2,053 | +2.7% |
| Equity | 10/15 | €28,003 | €24,000 | -€4,003 | -14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,403 | €5,400 | -€4,003 | -42.6% |
| Amounts payable | 17/49 | €47,742 | €53,798 | +€6,056 | +12.7% |
| Amounts payable after more than one year | 17 | €4,736 | €3,280 | -€1,456 | -30.7% |
| Financial debts | 170/4 | €4,736 | €3,280 | -€1,456 | -30.7% |
| Amounts payable within one year | 42/48 | €43,006 | €50,518 | +€7,512 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €1,421 | €1,456 | +€35 | +2.5% |
| Financial debts | 43 | €8,520 | - | -€8,520 | |
| Credit institutions | 430/8 | €8,520 | - | -€8,520 | |
| Trade debts | 44 | €9,752 | €5,557 | -€4,195 | -43.0% |
| Suppliers | 440/4 | €9,752 | €5,557 | -€4,195 | -43.0% |
| Taxes, remuneration and social security | 45 | €23,313 | €26,505 | +€3,192 | +13.7% |
| Taxes | 450/3 | €18,313 | €26,505 | +€8,192 | +44.7% |
| Remuneration and social security | 454/9 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | - | €17,000 | +€17,000 | |
| Remuneration, social security and pensions | 62 | €1,760 | €1,760 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,647 | €1,962 | +€315 | +19.1% |
| Other operating charges | 640/8 | €908 | €934 | +€26 | +2.9% |
| Gross operating margin | 9900 | €26,258 | €27,077 | +€820 | +3.1% |
| Operating profit (loss) | 9901 | €21,943 | €22,421 | +€479 | +2.2% |
| Financial income | 75/76B | €231 | - | -€231 | |
| Recurring financial income | 75 | €231 | - | -€231 | |
| Financial charges | 65/66B | €1,337 | €1,160 | -€177 | -13.2% |
| Recurring financial charges | 65 | €1,337 | €1,160 | -€177 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €20,837 | €21,262 | +€425 | +2.0% |
| Income taxes | 67/77 | €4,196 | €5,264 | +€1,068 | +25.4% |
| Profit (loss) for the period | 9904 | €16,641 | €15,997 | -€643 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,641 | €15,997 | -€643 | -3.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.