Sanco: 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.
What changed
Sanco
NACE 46.499, Wholesale of other household goods
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,428
2024 · -€13,792+€11,365
Equity
€634,359
2024 · €636,786-€2,428
Cash
€9,345
2024 · €3,535+€5,810
Balance sheet total
€801,577
2024 · €794,070+€7,508
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Current portion of long-term debt +€8,607
up €8,607 (+103.1%), from €8,348 to €16,955
Income statement
- Gross operating margin +€16,791
up €16,791 (+65.2%), from €25,737 to €42,528
- Depreciation +€5,095
up €5,095 (+15.7%), from €32,527 to €37,622
- Financial charges +€701
up €701 (+14.6%), from €4,802 to €5,504
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.
Result 2024
-€13,792
Gross operating margin
+€16,791
Depreciation
-€5,095
Other operating charges
+€239
Financial income
+€126
Financial charges
-€701
Taxes
+€3
Result 2025
-€2,428
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.
From operations
+€30,325
Investment
-€37,175
Financing
+€12,660
Cash 2024
€3,535
From operations (derived)
+€30,325
Net result for the year
-€2,428
Depreciation
+€37,622
Receivables within one year
-€2,144
Provisions
-€2,147
Trade debts
-€4,819
Tax, wage and social debts
-€115
Other debts
+€2,570
Accrued charges and deferred income
+€1,787
Investment (derived)
-€37,175
Investment in fixed assets (net)
-€37,175
Financing
+€12,660
Debts after one year
+€4,053
Current portion of long-term debt
+€8,607
Cash 2025
€9,345
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €794,070 | €801,577 | +€7,508 | +0.9% |
| Fixed assets | 21/28 | €785,612 | €785,165 | -€446 | -0.1% |
| Tangible fixed assets | 22/27 | €783,374 | €782,928 | -€446 | -0.1% |
| Land and buildings | 22 | €778,885 | €747,758 | -€31,127 | -4.0% |
| Plant, machinery and equipment | 23 | €2,085 | €2,682 | +€597 | +28.6% |
| Furniture and vehicles | 24 | €2,403 | €32,487 | +€30,084 | +1251.9% |
| Financial fixed assets | 28 | €2,238 | €2,238 | = | 0.0% |
| Current assets | 29/58 | €8,458 | €16,412 | +€7,954 | +94.0% |
| Amounts receivable within one year | 40/41 | €4,923 | €7,067 | +€2,144 | +43.6% |
| Trade receivables | 40 | €545 | €242 | -€303 | -55.6% |
| Other amounts receivable | 41 | €4,378 | €6,825 | +€2,447 | +55.9% |
| Cash at bank and in hand | 54/58 | €3,535 | €9,345 | +€5,810 | +164.3% |
| Total equity and liabilities | 10/49 | €794,070 | €801,577 | +€7,508 | +0.9% |
| Equity | 10/15 | €636,786 | €634,359 | -€2,428 | -0.4% |
| Contributions | 10/11 | €136,341 | €136,341 | = | 0.0% |
| Capital | 10 | €136,341 | €136,341 | = | 0.0% |
| Issued capital | 100 | €136,341 | €136,341 | = | 0.0% |
| Reserves | 13 | €524,250 | €517,808 | -€6,442 | -1.2% |
| Non-distributable reserves | 130/1 | €13,634 | €13,634 | = | 0.0% |
| Legal reserve | 130 | €13,634 | €13,634 | = | 0.0% |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €108,338 | €101,896 | -€6,442 | -5.9% |
| Distributable reserves | 133 | €402,278 | €402,278 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,805 | -€19,791 | +€4,014 | +16.9% |
| Provisions and deferred taxes | 16 | €58,376 | €56,229 | -€2,147 | -3.7% |
| Deferred taxes | 168 | €58,376 | €56,229 | -€2,147 | -3.7% |
| Amounts payable | 17/49 | €98,908 | €110,990 | +€12,083 | +12.2% |
| Amounts payable after more than one year | 17 | €83,702 | €87,754 | +€4,053 | +4.8% |
| Financial debts | 170/4 | €83,702 | €87,754 | +€4,053 | +4.8% |
| Amounts payable within one year | 42/48 | €15,206 | €21,449 | +€6,243 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €8,348 | €16,955 | +€8,607 | +103.1% |
| Trade debts | 44 | €5,269 | €450 | -€4,819 | -91.5% |
| Suppliers | 440/4 | €5,269 | €450 | -€4,819 | -91.5% |
| Taxes, remuneration and social security | 45 | €115 | €0 | -€115 | -100.0% |
| Taxes | 450/3 | €115 | €0 | -€115 | -100.0% |
| Other amounts payable | 47/48 | €1,474 | €4,044 | +€2,570 | +174.4% |
| Accrued charges and deferred income | 492/3 | - | €1,787 | +€1,787 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,527 | €37,622 | +€5,095 | +15.7% |
| Other operating charges | 640/8 | €4,374 | €4,134 | -€239 | -5.5% |
| Gross operating margin | 9900 | €25,737 | €42,528 | +€16,791 | +65.2% |
| Operating profit (loss) | 9901 | -€11,164 | €772 | +€11,936 | |
| Financial income | 75/76B | €86 | €213 | +€126 | +146.7% |
| Recurring financial income | 75 | €86 | €213 | +€126 | +146.7% |
| Financial charges | 65/66B | €4,802 | €5,504 | +€701 | +14.6% |
| Recurring financial charges | 65 | €4,802 | €5,504 | +€701 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,880 | -€4,519 | +€11,361 | +71.5% |
| Transfer from deferred taxes | 780 | €2,147 | €2,147 | = | 0.0% |
| Income taxes | 67/77 | €59 | €56 | -€3 | -5.6% |
| Profit (loss) for the period | 9904 | -€13,792 | -€2,428 | +€11,365 | +82.4% |
| Transfer from tax-exempt reserves | 789 | €6,442 | €6,442 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,350 | €4,014 | +€11,365 |
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.