SANAK: 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.
SANAK
Largest movements
- Receivables within one year +€6,776
up €6,776 (+12.7%), from €53,510 to €60,286
of which Trade receivables: +€6,776
- Reserves -€121,506
down €121,506 (-55.5%), from €218,795 to €97,290
- Debts after one year +€72,830
new in 2025: €72,830
- Other debts +€71,988
up €71,988 (+80.0%), from €90,000 to €161,988
- Current portion of long-term debt -€25,441
down €25,441 (-48.6%), from €52,295 to €26,854
- Tax, wage and social debts +€8,099
up €8,099 (+306%), from €2,650 to €10,749
- Gross operating margin +€10,155
up €10,155 (+13.8%), from €73,822 to €83,977
- Taxes +€6,831
up €6,831 (+38.3%), from €17,815 to €24,646
- Financial charges +€6,699
up €6,699 (+340%), from €1,971 to €8,670
- Financial income -€4,250
down €4,250 (-29.3%), from €14,500 to €10,250
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 | €430,654 | €438,466 | +€7,812 | +1.8% |
| Fixed assets | 21/28 | €360,000 | €360,000 | = | 0.0% |
| Financial fixed assets | 28 | €360,000 | €360,000 | = | 0.0% |
| Current assets | 29/58 | €70,654 | €78,466 | +€7,812 | +11.1% |
| Amounts receivable within one year | 40/41 | €53,510 | €60,286 | +€6,776 | +12.7% |
| Trade receivables | 40 | €53,325 | €60,101 | +€6,776 | +12.7% |
| Other amounts receivable | 41 | €185 | €185 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,644 | €18,145 | +€3,500 | +23.9% |
| Deferred charges and accrued income | 490/1 | €2,500 | €35 | -€2,465 | -98.6% |
| Total equity and liabilities | 10/49 | €430,654 | €438,466 | +€7,812 | +1.8% |
| Equity | 10/15 | €237,395 | €115,890 | -€121,506 | -51.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €218,795 | €97,290 | -€121,506 | -55.5% |
| Distributable reserves | 133 | €218,795 | €97,290 | -€121,506 | -55.5% |
| Amounts payable | 17/49 | €193,259 | €322,576 | +€129,318 | +66.9% |
| Amounts payable after more than one year | 17 | - | €72,830 | +€72,830 | |
| Financial debts | 170/4 | - | €72,830 | +€72,830 | |
| Amounts payable within one year | 42/48 | €192,764 | €249,746 | +€56,982 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €52,295 | €26,854 | -€25,441 | -48.6% |
| Trade debts | 44 | €47,819 | €50,155 | +€2,335 | +4.9% |
| Suppliers | 440/4 | €47,819 | €50,155 | +€2,335 | +4.9% |
| Taxes, remuneration and social security | 45 | €2,650 | €10,749 | +€8,099 | +306% |
| Taxes | 450/3 | €2,650 | €10,749 | +€8,099 | +306% |
| Other amounts payable | 47/48 | €90,000 | €161,988 | +€71,988 | +80.0% |
| Accrued charges and deferred income | 492/3 | €494 | - | -€494 | |
| Other operating charges | 640/8 | €590 | €776 | +€185 | +31.4% |
| Gross operating margin | 9900 | €73,822 | €83,977 | +€10,155 | +13.8% |
| Operating profit (loss) | 9901 | €73,231 | €83,201 | +€9,970 | +13.6% |
| Financial income | 75/76B | €14,500 | €10,250 | -€4,250 | -29.3% |
| Recurring financial income | 75 | €14,500 | €10,250 | -€4,250 | -29.3% |
| Financial charges | 65/66B | €1,971 | €8,670 | +€6,699 | +340% |
| Recurring financial charges | 65 | €1,971 | €8,670 | +€6,699 | +340% |
| Profit (loss) for the period before taxes | 9903 | €85,760 | €84,781 | -€979 | -1.1% |
| Income taxes | 67/77 | €17,815 | €24,646 | +€6,831 | +38.3% |
| Profit (loss) for the period | 9904 | €67,945 | €60,135 | -€7,810 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €67,945 | €60,135 | -€7,810 | -11.5% |
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 29 October 2026 via checked.be.