Sanapolis: 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.
Sanapolis
Largest movements
- Tangible fixed assets +€803,067
up €803,067 (+61.7%), from €1.3m to €2.1m
of which Other tangible fixed assets: +€809,055
- Receivables within one year +€84,930
up €84,930 (+127.8%), from €66,452 to €151,382
of which Trade receivables: +€118,431
- Deferred charges and accrued income -€84,465
down €84,465 (-54.5%), from €155,032 to €70,567
- Cash +€34,967
up €34,967 (+8.2%), from €426,618 to €461,585
mainly Debts after one year (+€384,503) and Net result for the year (+€317,658)
- Debts after one year +€384,503
up €384,503 (+46.8%), from €822,446 to €1.2m
- Profit (loss) carried forward +€317,658
up €317,658 (+67.4%), from €471,002 to €788,660
- Debts within one year +€188,596
up €188,596 (+41.3%), from €456,659 to €645,255
of which Trade debts: +€106,540
- Accrued charges and deferred income -€38,982
down €38,982 (-16.9%), from €230,400 to €191,418
- Gross operating margin +€956,590
new in 2025: €956,590
- Services and other goods -€759,516
no longer reported in 2025 (was €759,516)
- Turnover +€156,670
up €156,670 (+12.1%), from €1.3m to €1.4m
- Staff costs +€92,784
up €92,784 (+38.8%), from €239,320 to €332,104
- Goods and materials -€83,547
no longer reported in 2025 (was €83,547)
of which Purchases: -€81,788
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 | €1,980,508 | €2,832,283 | +€851,776 | +43.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,324,204 | €2,124,677 | +€800,472 | +60.4% |
| Intangible fixed assets | 21 | €23,679 | €21,085 | -€2,594 | -11.0% |
| Tangible fixed assets | 22/27 | €1,300,525 | €2,103,592 | +€803,067 | +61.7% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €149,392 | €139,608 | -€9,784 | -6.5% |
| Furniture and vehicles | 24 | €78,669 | €82,465 | +€3,796 | +4.8% |
| Other tangible fixed assets | 26 | €1,072,464 | €1,881,519 | +€809,055 | +75.4% |
| Current assets | 29/58 | €656,303 | €707,606 | +€51,303 | +7.8% |
| Stocks and contracts in progress | 3 | €8,201 | €24,073 | +€15,872 | +193.5% |
| Stocks | 30/36 | €8,201 | €24,073 | +€15,872 | +193.5% |
| Goods purchased for resale | 34 | €8,201 | - | -€8,201 | |
| Amounts receivable within one year | 40/41 | €66,452 | €151,382 | +€84,930 | +127.8% |
| Trade receivables | 40 | €22,384 | €140,815 | +€118,431 | +529.1% |
| Other amounts receivable | 41 | €44,068 | €10,567 | -€33,501 | -76.0% |
| Cash at bank and in hand | 54/58 | €426,618 | €461,585 | +€34,967 | +8.2% |
| Deferred charges and accrued income | 490/1 | €155,032 | €70,567 | -€84,465 | -54.5% |
| Total equity and liabilities | 10/49 | €1,980,508 | €2,832,283 | +€851,776 | +43.0% |
| Equity | 10/15 | €471,002 | €788,660 | +€317,658 | +67.4% |
| Profit (loss) carried forward | 14 | €471,002 | €788,660 | +€317,658 | +67.4% |
| Amounts payable | 17/49 | €1,509,506 | €2,043,623 | +€534,118 | +35.4% |
| Amounts payable after more than one year | 17 | €822,446 | €1,206,950 | +€384,503 | +46.8% |
| Financial debts | 170/4 | €822,446 | €1,206,950 | +€384,503 | +46.8% |
| Credit institutions | 173 | €822,446 | - | -€822,446 | |
| Amounts payable within one year | 42/48 | €456,659 | €645,255 | +€188,596 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | - | €38,333 | +€38,333 | |
| Trade debts | 44 | €391,847 | €498,388 | +€106,540 | +27.2% |
| Suppliers | 440/4 | €391,847 | €498,388 | +€106,540 | +27.2% |
| Advances received on contracts in progress | 46 | €10,130 | €20,162 | +€10,032 | +99.0% |
| Taxes, remuneration and social security | 45 | €39,668 | €66,812 | +€27,144 | +68.4% |
| Taxes | 450/3 | €19,471 | €36,283 | +€16,812 | +86.3% |
| Remuneration and social security | 454/9 | €20,197 | €30,529 | +€10,332 | +51.2% |
| Accrued charges and deferred income | 492/3 | €230,400 | €191,418 | -€38,982 | -16.9% |
| Operating income | 70/76A | €1,345,227 | - | -€1.3m | |
| Turnover | 70 | €1,291,154 | €1,447,824 | +€156,670 | +12.1% |
| Other operating income | 74 | €10,419 | - | -€10,419 | |
| Non-recurring operating income | 76A | €43,654 | €326,484 | +€282,830 | +647.9% |
| Operating charges | 60/66A | €1,325,884 | - | -€1.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €830,410 | +€830,410 | |
| Goods for resale, raw materials and consumables | 60 | €83,547 | - | -€83,547 | |
| Purchases | 600/8 | €81,788 | - | -€81,788 | |
| Change in stocks: decrease (increase) | 609 | €1,759 | - | -€1,759 | |
| Services and other goods | 61 | €759,516 | - | -€759,516 | |
| Remuneration, social security and pensions | 62 | €239,320 | €332,104 | +€92,784 | +38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,233 | €164,309 | +€65,076 | +65.6% |
| Other operating charges | 640/8 | €143,885 | €120,874 | -€23,011 | -16.0% |
| Non-recurring operating charges | 66A | €382 | - | -€382 | |
| Gross operating margin | 9900 | - | €956,590 | +€956,590 | |
| Operating profit (loss) | 9901 | €19,344 | €339,303 | +€319,959 | +1654.1% |
| Financial income | 75/76B | €2,032 | €38,948 | +€36,916 | +1816.7% |
| Recurring financial income | 75 | €2,032 | €38,948 | +€36,916 | +1816.7% |
| Other financial income | 752/9 | €2,032 | - | -€2,032 | |
| Financial charges | 65/66B | €30,116 | €55,791 | +€25,674 | +85.3% |
| Recurring financial charges | 65 | €30,116 | €55,791 | +€25,674 | +85.3% |
| Debt charges | 650 | €30,116 | - | -€30,116 | |
| Profit (loss) for the period before taxes | 9903 | -€8,740 | €322,460 | +€331,201 | |
| Income taxes | 67/77 | €12,346 | €4,802 | -€7,544 | -61.1% |
| Taxes | 670/3 | €12,346 | - | -€12,346 | |
| Profit (loss) for the period | 9904 | -€21,086 | €317,658 | +€338,744 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,086 | €317,658 | +€338,744 |
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 4 October 2026 via checked.be.