SANASPE: 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.
SANASPE
Largest movements
- Receivables within one year +€18,096
up €18,096 (+28.5%), from €63,420 to €81,516
of which Trade receivables: +€14,570
- Tangible fixed assets -€9,339
down €9,339 (-4.0%), from €233,488 to €224,149
of which Land and buildings: -€9,999
- Profit (loss) carried forward +€9,455
up €9,455 (+4.6%), from -€204,299 to -€194,843
- Other debts -€6,058
down €6,058 (-55.5%), from €10,921 to €4,863
- Trade debts +€5,187
up €5,187 (+49.5%), from €10,478 to €15,665
- Tax, wage and social debts +€3,872
up €3,872 (+28.1%), from €13,766 to €17,639
- Current portion of long-term debt -€3,691
down €3,691 (-27.2%), from €13,567 to €9,875
- Provisions -€46,000
no longer reported in 2025 (was €46,000)
- Gross operating margin -€42,881
down €42,881 (-52.7%), from €81,425 to €38,544
- Turnover -€35,364
down €35,364 (-35.9%), from €98,493 to €63,129
- Other operating charges +€3,669
up €3,669 (+115%), from €3,182 to €6,850
- Financial charges +€2,199
up €2,199 (+40.1%), from €5,481 to €7,679
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €296,908 | €305,664 | +€8,757 | +2.9% |
| Fixed assets | 21/28 | €233,488 | €224,149 | -€9,339 | -4.0% |
| Tangible fixed assets | 22/27 | €233,488 | €224,149 | -€9,339 | -4.0% |
| Land and buildings | 22 | €233,488 | €223,489 | -€9,999 | -4.3% |
| Plant, machinery and equipment | 23 | - | €206 | +€206 | |
| Furniture and vehicles | 24 | - | €454 | +€454 | |
| Current assets | 29/58 | €63,420 | €81,516 | +€18,096 | +28.5% |
| Amounts receivable within one year | 40/41 | €63,420 | €81,516 | +€18,096 | +28.5% |
| Trade receivables | 40 | €57,247 | €71,816 | +€14,570 | +25.5% |
| Other amounts receivable | 41 | €6,173 | €9,700 | +€3,526 | +57.1% |
| Total equity and liabilities | 10/49 | €296,908 | €305,664 | +€8,757 | +2.9% |
| Equity | 10/15 | €31,284 | €40,739 | +€9,455 | +30.2% |
| Contributions | 10/11 | €128,400 | €128,400 | = | 0.0% |
| Revaluation surpluses | 12 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €22,182 | €22,182 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,182 | €22,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€204,299 | -€194,843 | +€9,455 | +4.6% |
| Provisions and deferred taxes | 16 | €53,394 | €53,385 | -€9 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €46,000 | €45,991 | -€9 | 0.0% |
| Environmental obligations | 163 | €30,000 | €29,991 | -€9 | 0.0% |
| Other liabilities and charges | 164/5 | €16,000 | €16,000 | = | 0.0% |
| Deferred taxes | 168 | €7,394 | €7,394 | = | 0.0% |
| Amounts payable | 17/49 | €212,230 | €211,541 | -€689 | -0.3% |
| Amounts payable after more than one year | 17 | €162,708 | €162,708 | = | 0.0% |
| Financial debts | 170/4 | €162,608 | €162,608 | = | 0.0% |
| Other amounts payable | 178/9 | €100 | €100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,732 | €48,042 | -€689 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €13,567 | €9,875 | -€3,691 | -27.2% |
| Trade debts | 44 | €10,478 | €15,665 | +€5,187 | +49.5% |
| Suppliers | 440/4 | €10,478 | €15,665 | +€5,187 | +49.5% |
| Taxes, remuneration and social security | 45 | €13,766 | €17,639 | +€3,872 | +28.1% |
| Taxes | 450/3 | €13,766 | €17,639 | +€3,872 | +28.1% |
| Other amounts payable | 47/48 | €10,921 | €4,863 | -€6,058 | -55.5% |
| Accrued charges and deferred income | 492/3 | €790 | €790 | = | 0.0% |
| Turnover | 70 | €98,493 | €63,129 | -€35,364 | -35.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,397 | €25,734 | +€1,337 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,046 | €9,999 | -€47 | -0.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €46,000 | - | -€46,000 | |
| Other operating charges | 640/8 | €3,182 | €6,850 | +€3,669 | +115% |
| Gross operating margin | 9900 | €81,425 | €38,544 | -€42,881 | -52.7% |
| Operating profit (loss) | 9901 | €22,198 | €21,695 | -€503 | -2.3% |
| Financial charges | 65/66B | €5,481 | €7,679 | +€2,199 | +40.1% |
| Recurring financial charges | 65 | €5,481 | €7,679 | +€2,199 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €16,717 | €14,015 | -€2,702 | -16.2% |
| Income taxes | 67/77 | €3,343 | €1,560 | -€1,783 | -53.3% |
| Profit (loss) for the period | 9904 | €13,374 | €12,455 | -€918 | -6.9% |
| Transfer to tax-exempt reserves | 689 | - | €3,000 | +€3,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,374 | €9,455 | -€3,918 | -29.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.