Sanc.Co: 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.
Sanc.Co
Largest movements
- Receivables within one year +€39,939
up €39,939 (+268%), from €14,880 to €54,819
of which Other amounts receivable: +€31,707
- Tangible fixed assets +€13,177
up €13,177 (+1,154%), from €1,142 to €14,319
of which Other tangible fixed assets: +€13,422
- Current investments +€8,000
new in 2025: €8,000
- Cash +€7,627
up €7,627 (+30.7%), from €24,806 to €32,433
mainly Debts after one year (+€39,895) and Current portion of long-term debt (+€13,543)
- Debts after one year +€39,895
new in 2025: €39,895
- Current portion of long-term debt +€13,543
new in 2025: €13,543
- Short-term financial debts +€12,000
new in 2025: €12,000
- Tax, wage and social debts +€4,795
up €4,795 (+25.6%), from €18,700 to €23,495
of which Remuneration and social security: +€2,500
- Trade debts -€4,210
down €4,210 (-86.0%), from €4,893 to €683
- Gross operating margin -€10,777
down €10,777 (-45.9%), from €23,462 to €12,685
- Financial charges +€2,392
up €2,392 (+2,210%), from €108 to €2,500
- Depreciation +€1,523
up €1,523 (+1,819%), from €84 to €1,607
- Financial income +€1,375
up €1,375 (+419%), from €328 to €1,703
- Taxes -€1,025
down €1,025 (-12.0%), from €8,556 to €7,530
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 | €40,828 | €109,571 | +€68,743 | +168% |
| Fixed assets | 21/28 | €1,142 | €14,319 | +€13,177 | +1,154% |
| Tangible fixed assets | 22/27 | €1,142 | €14,319 | +€13,177 | +1,154% |
| Furniture and vehicles | 24 | €1,142 | €897 | -€245 | -21.5% |
| Other tangible fixed assets | 26 | - | €13,422 | +€13,422 | |
| Current assets | 29/58 | €39,686 | €95,252 | +€55,566 | +140% |
| Amounts receivable within one year | 40/41 | €14,880 | €54,819 | +€39,939 | +268% |
| Trade receivables | 40 | - | €8,232 | +€8,232 | |
| Other amounts receivable | 41 | €14,880 | €46,587 | +€31,707 | +213% |
| Current investments | 50/53 | - | €8,000 | +€8,000 | |
| Cash at bank and in hand | 54/58 | €24,806 | €32,433 | +€7,627 | +30.7% |
| Total equity and liabilities | 10/49 | €40,828 | €109,571 | +€68,743 | +168% |
| Equity | 10/15 | €17,236 | €18,979 | +€1,743 | +10.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,736 | €16,479 | +€1,743 | +11.8% |
| Distributable reserves | 133 | €14,736 | €16,479 | +€1,743 | +11.8% |
| Amounts payable | 17/49 | €23,592 | €90,592 | +€67,000 | +284% |
| Amounts payable after more than one year | 17 | - | €39,895 | +€39,895 | |
| Financial debts | 170/4 | - | €39,895 | +€39,895 | |
| Amounts payable within one year | 42/48 | €23,592 | €49,721 | +€26,129 | +111% |
| Current portion of amounts payable after more than one year | 42 | - | €13,543 | +€13,543 | |
| Financial debts | 43 | - | €12,000 | +€12,000 | |
| Credit institutions | 430/8 | - | €12,000 | +€12,000 | |
| Trade debts | 44 | €4,893 | €683 | -€4,210 | -86.0% |
| Suppliers | 440/4 | €4,893 | €683 | -€4,210 | -86.0% |
| Taxes, remuneration and social security | 45 | €18,700 | €23,495 | +€4,795 | +25.6% |
| Taxes | 450/3 | €18,700 | €20,995 | +€2,295 | +12.3% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Accrued charges and deferred income | 492/3 | - | €976 | +€976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84 | €1,607 | +€1,523 | +1,819% |
| Other operating charges | 640/8 | €306 | €1,008 | +€702 | +229% |
| Gross operating margin | 9900 | €23,462 | €12,685 | -€10,777 | -45.9% |
| Operating profit (loss) | 9901 | €23,072 | €10,070 | -€13,002 | -56.4% |
| Financial income | 75/76B | €328 | €1,703 | +€1,375 | +419% |
| Recurring financial income | 75 | €328 | €1,703 | +€1,375 | +419% |
| Financial charges | 65/66B | €108 | €2,500 | +€2,392 | +2,210% |
| Recurring financial charges | 65 | €108 | €2,500 | +€2,392 | +2,210% |
| Profit (loss) for the period before taxes | 9903 | €23,292 | €9,273 | -€14,019 | -60.2% |
| Income taxes | 67/77 | €8,556 | €7,530 | -€1,025 | -12.0% |
| Profit (loss) for the period | 9904 | €14,736 | €1,743 | -€12,993 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,736 | €1,743 | -€12,993 | -88.2% |
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 20 October 2026 via checked.be.