SANAKAVY: what changed
Two fiscal 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.
SANAKAVY
Largest movements
- Tangible fixed assets -€22,578
down €22,578 (-18.1%), from €124,988 to €102,410
- Cash +€5,041
up €5,041 (+62.9%), from €8,010 to €13,050
mainly Depreciation (+€26,622) and Net result for the year (+€9,720)
- Deferred charges and accrued income -€1,712
down €1,712 (-95.0%), from €1,801 to €89
- Debts after one year -€29,595
down €29,595 (-25.5%), from €115,960 to €86,365
of which Other amounts payable: -€115,960
- Profit (loss) carried forward +€9,720
up €9,720 (+15.1%), from -€64,373 to -€54,653
- Gross operating margin -€4,379
down €4,379 (-9.6%), from €45,563 to €41,184
- Other operating charges -€2,346
down €2,346 (-34.1%), from €6,878 to €4,532
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.
Cash bridge derived
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 | €134,798 | €115,549 | -€19,249 | -14.3% |
| Fixed assets | 21/28 | €124,988 | €102,410 | -€22,578 | -18.1% |
| Tangible fixed assets | 22/27 | €124,988 | €102,410 | -€22,578 | -18.1% |
| Land and buildings | 22 | €124,988 | €102,410 | -€22,578 | -18.1% |
| Current assets | 29/58 | €9,811 | €13,139 | +€3,329 | +33.9% |
| Cash at bank and in hand | 54/58 | €8,010 | €13,050 | +€5,041 | +62.9% |
| Deferred charges and accrued income | 490/1 | €1,801 | €89 | -€1,712 | -95.0% |
| Total equity and liabilities | 10/49 | €134,798 | €115,549 | -€19,249 | -14.3% |
| Equity | 10/15 | €18,838 | €28,559 | +€9,720 | +51.6% |
| Contributions | 10/11 | €83,000 | €83,000 | = | 0.0% |
| Reserves | 13 | €211 | €211 | = | 0.0% |
| Distributable reserves | 133 | €211 | €211 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,373 | -€54,653 | +€9,720 | +15.1% |
| Amounts payable | 17/49 | €115,960 | €86,990 | -€28,970 | -25.0% |
| Amounts payable after more than one year | 17 | €115,960 | €86,365 | -€29,595 | -25.5% |
| Financial debts | 170/4 | - | €86,365 | +€86,365 | |
| Other amounts payable | 178/9 | €115,960 | - | -€115,960 | |
| Accrued charges and deferred income | 492/3 | - | €625 | +€625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,258 | €26,622 | +€364 | +1.4% |
| Other operating charges | 640/8 | €6,878 | €4,532 | -€2,346 | -34.1% |
| Gross operating margin | 9900 | €45,563 | €41,184 | -€4,379 | -9.6% |
| Operating profit (loss) | 9901 | €12,428 | €10,030 | -€2,398 | -19.3% |
| Financial charges | 65/66B | €293 | €310 | +€17 | +5.8% |
| Recurring financial charges | 65 | €293 | €310 | +€17 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €12,135 | €9,720 | -€2,415 | -19.9% |
| Profit (loss) for the period | 9904 | €12,135 | €9,720 | -€2,415 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,135 | €9,720 | -€2,415 | -19.9% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.