SANCHEZTHESIA: 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.
SANCHEZTHESIA
Largest movements
- Cash +€63,892
up €63,892 (+37.3%), from €171,400 to €235,291
mainly Other debts (+€144,281) and Net result for the year (+€108,023)
- Deferred charges and accrued income +€26,414
up €26,414 (+847%), from €3,117 to €29,531
- Receivables within one year -€6,000
down €6,000 (-97.3%), from €6,163 to €163
- Tangible fixed assets -€3,760
down €3,760 (-31.1%), from €12,104 to €8,344
of which Plant, machinery and equipment: -€2,649
- Other debts +€144,281
up €144,281 (+37,380%), from €386 to €144,667
- Reserves -€74,264
down €74,264 (-40.7%), from €182,286 to €108,023
- Tax, wage and social debts +€10,335
up €10,335 (+300%), from €3,441 to €13,776
- Gross operating margin +€59,923
up €59,923 (+60.8%), from €98,609 to €158,531
- Taxes +€26,440
up €26,440 (+133%), from €19,837 to €46,276
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 | €192,859 | €273,404 | +€80,545 | +41.8% |
| Fixed assets | 21/28 | €12,179 | €8,419 | -€3,760 | -30.9% |
| Tangible fixed assets | 22/27 | €12,104 | €8,344 | -€3,760 | -31.1% |
| Plant, machinery and equipment | 23 | €6,574 | €3,924 | -€2,649 | -40.3% |
| Furniture and vehicles | 24 | €448 | - | -€448 | |
| Other tangible fixed assets | 26 | €5,083 | €4,420 | -€664 | -13.1% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €180,680 | €264,985 | +€84,305 | +46.7% |
| Amounts receivable within one year | 40/41 | €6,163 | €163 | -€6,000 | -97.3% |
| Other amounts receivable | 41 | €6,163 | €163 | -€6,000 | -97.3% |
| Cash at bank and in hand | 54/58 | €171,400 | €235,291 | +€63,892 | +37.3% |
| Deferred charges and accrued income | 490/1 | €3,117 | €29,531 | +€26,414 | +847% |
| Total equity and liabilities | 10/49 | €192,859 | €273,404 | +€80,545 | +41.8% |
| Equity | 10/15 | €186,286 | €112,023 | -€74,264 | -39.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €182,286 | €108,023 | -€74,264 | -40.7% |
| Distributable reserves | 133 | €182,286 | €108,023 | -€74,264 | -40.7% |
| Amounts payable | 17/49 | €6,573 | €161,381 | +€154,809 | +2,355% |
| Amounts payable within one year | 42/48 | €6,573 | €161,381 | +€154,809 | +2,355% |
| Trade debts | 44 | €2,746 | €2,938 | +€192 | +7.0% |
| Suppliers | 440/4 | €2,746 | €2,938 | +€192 | +7.0% |
| Taxes, remuneration and social security | 45 | €3,441 | €13,776 | +€10,335 | +300% |
| Taxes | 450/3 | €3,441 | €13,776 | +€10,335 | +300% |
| Other amounts payable | 47/48 | €386 | €144,667 | +€144,281 | +37,380% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,701 | €3,760 | +€59 | +1.6% |
| Other operating charges | 640/8 | €682 | €400 | -€283 | -41.4% |
| Gross operating margin | 9900 | €98,609 | €158,531 | +€59,923 | +60.8% |
| Operating profit (loss) | 9901 | €94,225 | €154,371 | +€60,146 | +63.8% |
| Financial charges | 65/66B | €82 | €72 | -€10 | -12.2% |
| Recurring financial charges | 65 | €82 | €72 | -€10 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €94,143 | €154,299 | +€60,156 | +63.9% |
| Income taxes | 67/77 | €19,837 | €46,276 | +€26,440 | +133% |
| Profit (loss) for the period | 9904 | €74,306 | €108,023 | +€33,716 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €74,306 | €108,023 | +€33,716 | +45.4% |
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.