Sanale: 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.
Sanale
Largest movements
- Deferred charges and accrued income -€9,355
down €9,355 (-81.8%), from €11,431 to €2,076
- Tangible fixed assets +€895
up €895 (+22.8%), from €3,921 to €4,815
of which Plant, machinery and equipment: +€2,289
- Cash -€796
down €796 (-2.5%), from €31,658 to €30,861
mainly Contributions, distributions and other (-€25,900) and Trade debts (-€10,828)
- Trade debts -€10,828
down €10,828 (-87.5%), from €12,382 to €1,554
- Tax, wage and social debts +€3,207
up €3,207 (+60.3%), from €5,317 to €8,524
of which Taxes: +€3,207
- Reserves -€1,698
down €1,698 (-6.6%), from €25,583 to €23,885
- Gross operating margin +€6,190
up €6,190 (+22.3%), from €27,716 to €33,906
- Depreciation -€2,750
down €2,750 (-85.9%), from €3,202 to €452
- Taxes +€923
up €923 (+14.6%), from €6,310 to €7,233
- Other operating charges +€361
up €361 (+30.4%), from €1,189 to €1,551
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 | €48,200 | €39,209 | -€8,991 | -18.7% |
| Fixed assets | 21/28 | €3,921 | €4,815 | +€895 | +22.8% |
| Tangible fixed assets | 22/27 | €3,921 | €4,815 | +€895 | +22.8% |
| Plant, machinery and equipment | 23 | €1,197 | €3,486 | +€2,289 | +191.2% |
| Furniture and vehicles | 24 | €2,724 | - | -€2,724 | |
| Other tangible fixed assets | 26 | - | €1,330 | +€1,330 | |
| Current assets | 29/58 | €44,279 | €34,394 | -€9,885 | -22.3% |
| Amounts receivable within one year | 40/41 | €1,190 | €1,457 | +€267 | +22.4% |
| Other amounts receivable | 41 | €1,190 | €1,457 | +€267 | +22.4% |
| Cash at bank and in hand | 54/58 | €31,658 | €30,861 | -€796 | -2.5% |
| Deferred charges and accrued income | 490/1 | €11,431 | €2,076 | -€9,355 | -81.8% |
| Total equity and liabilities | 10/49 | €48,200 | €39,209 | -€8,991 | -18.7% |
| Equity | 10/15 | €28,083 | €26,385 | -€1,698 | -6.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €25,583 | €23,885 | -€1,698 | -6.6% |
| Distributable reserves | 133 | €25,583 | €23,885 | -€1,698 | -6.6% |
| Amounts payable | 17/49 | €20,117 | €12,824 | -€7,292 | -36.3% |
| Amounts payable within one year | 42/48 | €19,504 | €12,224 | -€7,279 | -37.3% |
| Trade debts | 44 | €12,382 | €1,554 | -€10,828 | -87.5% |
| Suppliers | 440/4 | €12,382 | €1,554 | -€10,828 | -87.5% |
| Taxes, remuneration and social security | 45 | €5,317 | €8,524 | +€3,207 | +60.3% |
| Taxes | 450/3 | €3,517 | €6,724 | +€3,207 | +91.2% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €1,804 | €2,146 | +€342 | +18.9% |
| Accrued charges and deferred income | 492/3 | €613 | €600 | -€13 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,202 | €452 | -€2,750 | -85.9% |
| Other operating charges | 640/8 | €1,189 | €1,551 | +€361 | +30.4% |
| Gross operating margin | 9900 | €27,716 | €33,906 | +€6,190 | +22.3% |
| Operating profit (loss) | 9901 | €23,324 | €31,903 | +€8,578 | +36.8% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €313 | €467 | +€154 | +49.1% |
| Recurring financial charges | 65 | €313 | €467 | +€154 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | €23,013 | €31,435 | +€8,422 | +36.6% |
| Income taxes | 67/77 | €6,310 | €7,233 | +€923 | +14.6% |
| Profit (loss) for the period | 9904 | €16,703 | €24,202 | +€7,499 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,703 | €24,202 | +€7,499 | +44.9% |
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 5 October 2026 via checked.be.