SANCHRIS: 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.
SANCHRIS
Largest movements
- Receivables within one year +€134,731
up €134,731 (+402.9%), from €33,438 to €168,168
of which Trade receivables: +€129,866
- Cash +€44,927
up €44,927 (+65.4%), from €68,645 to €113,572
mainly Advances received (+€67,993) and Net result for the year (+€56,500)
- Advances received +€67,993
new in 2025: €67,993
- Trade debts +€52,839
up €52,839 (+143.7%), from €36,780 to €89,619
- Reserves +€30,000
up €30,000 (+71.7%), from €41,860 to €71,860
of which Distributable reserves: +€30,000
- Profit (loss) carried forward +€26,500
up €26,500 (+28.3%), from €93,619 to €120,118
- Tax, wage and social debts +€24,920
up €24,920 (+93.4%), from €26,688 to €51,608
of which Taxes: +€26,904
- Gross operating margin +€20,223
up €20,223 (+7.5%), from €270,849 to €291,072
- Depreciation +€17,757
up €17,757 (+91.7%), from €19,358 to €37,115
- Staff costs -€8,678
down €8,678 (-31.7%), from €27,397 to €18,719
- Taxes +€3,083
up €3,083 (+13.0%), from €23,728 to €26,811
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 | €387,975 | €573,165 | +€185,190 | +47.7% |
| Fixed assets | 21/28 | €281,836 | €286,340 | +€4,504 | +1.6% |
| Tangible fixed assets | 22/27 | €269,436 | €273,940 | +€4,504 | +1.7% |
| Land and buildings | 22 | €200,688 | €186,875 | -€13,813 | -6.9% |
| Plant, machinery and equipment | 23 | €59,818 | €51,783 | -€8,036 | -13.4% |
| Furniture and vehicles | 24 | €8,930 | €35,282 | +€26,352 | +295.1% |
| Financial fixed assets | 28 | €12,400 | €12,400 | = | 0.0% |
| Current assets | 29/58 | €106,139 | €286,826 | +€180,686 | +170.2% |
| Stocks and contracts in progress | 3 | €1,215 | €2,908 | +€1,693 | +139.3% |
| Stocks | 30/36 | €1,215 | €2,908 | +€1,693 | +139.3% |
| Amounts receivable within one year | 40/41 | €33,438 | €168,168 | +€134,731 | +402.9% |
| Trade receivables | 40 | €25,387 | €155,253 | +€129,866 | +511.6% |
| Other amounts receivable | 41 | €8,051 | €12,915 | +€4,865 | +60.4% |
| Cash at bank and in hand | 54/58 | €68,645 | €113,572 | +€44,927 | +65.4% |
| Deferred charges and accrued income | 490/1 | €2,841 | €2,177 | -€664 | -23.4% |
| Total equity and liabilities | 10/49 | €387,975 | €573,165 | +€185,190 | +47.7% |
| Equity | 10/15 | €141,679 | €198,178 | +€56,500 | +39.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,860 | €71,860 | +€30,000 | +71.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €70,000 | +€30,000 | +75.0% |
| Profit (loss) carried forward | 14 | €93,619 | €120,118 | +€26,500 | +28.3% |
| Amounts payable | 17/49 | €246,297 | €374,987 | +€128,690 | +52.3% |
| Amounts payable after more than one year | 17 | €160,859 | €146,087 | -€14,772 | -9.2% |
| Financial debts | 170/4 | €160,859 | €146,087 | -€14,772 | -9.2% |
| Amounts payable within one year | 42/48 | €82,518 | €228,885 | +€146,366 | +177.4% |
| Current portion of amounts payable after more than one year | 42 | €19,051 | €19,665 | +€615 | +3.2% |
| Trade debts | 44 | €36,780 | €89,619 | +€52,839 | +143.7% |
| Suppliers | 440/4 | €36,780 | €89,619 | +€52,839 | +143.7% |
| Advances received on contracts in progress | 46 | - | €67,993 | +€67,993 | |
| Taxes, remuneration and social security | 45 | €26,688 | €51,608 | +€24,920 | +93.4% |
| Taxes | 450/3 | €23,871 | €50,775 | +€26,904 | +112.7% |
| Remuneration and social security | 454/9 | €2,817 | €832 | -€1,984 | -70.4% |
| Accrued charges and deferred income | 492/3 | €2,919 | €15 | -€2,903 | -99.5% |
| Remuneration, social security and pensions | 62 | €27,397 | €18,719 | -€8,678 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,358 | €37,115 | +€17,757 | +91.7% |
| Other operating charges | 640/8 | €150,113 | €147,646 | -€2,468 | -1.6% |
| Gross operating margin | 9900 | €270,849 | €291,072 | +€20,223 | +7.5% |
| Operating profit (loss) | 9901 | €73,981 | €87,592 | +€13,611 | +18.4% |
| Financial income | 75/76B | €636 | €997 | +€362 | +56.9% |
| Recurring financial income | 75 | €636 | €997 | +€362 | +56.9% |
| Financial charges | 65/66B | €5,603 | €5,279 | -€324 | -5.8% |
| Recurring financial charges | 65 | €5,603 | €5,279 | -€324 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €69,014 | €83,310 | +€14,296 | +20.7% |
| Income taxes | 67/77 | €23,728 | €26,811 | +€3,083 | +13.0% |
| Profit (loss) for the period | 9904 | €45,286 | €56,500 | +€11,214 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,286 | €56,500 | +€11,214 | +24.8% |
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 10 October 2026 via checked.be.