SANCO TOOLS: what changed
Two fiscal 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.
SANCO TOOLS
Largest movements
- Receivables within one year -€8,712
down €8,712 (-59.4%), from €14,677 to €5,965
of which Trade receivables: -€11,262
- Cash +€7,013
up €7,013 (+462.3%), from €1,517 to €8,530
mainly Other debts (+€18,543) and Debts after one year (+€16,422)
- Financial fixed assets -€6,562
down €6,562 (-44.6%), from €14,727 to €8,165
- Short-term financial debts -€46,445
no longer reported in 2025 (was €46,445)
- Other debts +€18,543
up €18,543 (+48.6%), from €38,169 to €56,712
- Debts after one year +€16,422
up €16,422 (+91.9%), from €17,866 to €34,288
- Current portion of long-term debt +€9,789
up €9,789 (+65.6%), from €14,917 to €24,706
- Tax, wage and social debts -€5,896
no longer reported in 2025 (was €5,896)
- Write-downs -€112,027
no longer reported in 2025 (was €112,027)
- Gross operating margin -€13,544
down €13,544 (-78.4%), from €17,277 to €3,733
- Other operating charges -€8,641
down €8,641 (-99.7%), from €8,666 to €25
- Depreciation -€3,129
no longer reported in 2025 (was €3,129)
- Financial charges -€1,487
down €1,487 (-21.7%), from €6,856 to €5,369
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 | €74,776 | €66,515 | -€8,261 | -11.0% |
| Fixed assets | 21/28 | €58,582 | €52,020 | -€6,562 | -11.2% |
| Tangible fixed assets | 22/27 | €43,855 | €43,855 | = | 0.0% |
| Land and buildings | 22 | €43,855 | €43,855 | = | 0.0% |
| Financial fixed assets | 28 | €14,727 | €8,165 | -€6,562 | -44.6% |
| Current assets | 29/58 | €16,194 | €14,495 | -€1,699 | -10.5% |
| Amounts receivable within one year | 40/41 | €14,677 | €5,965 | -€8,712 | -59.4% |
| Trade receivables | 40 | €11,262 | - | -€11,262 | |
| Other amounts receivable | 41 | €3,415 | €5,965 | +€2,550 | +74.7% |
| Cash at bank and in hand | 54/58 | €1,517 | €8,530 | +€7,013 | +462.3% |
| Total equity and liabilities | 10/49 | €74,776 | €66,515 | -€8,261 | -11.0% |
| Equity | 10/15 | -€49,767 | -€51,428 | -€1,661 | -3.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €7,251 | €7,251 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,251 | €2,251 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,018 | -€108,679 | -€1,661 | -1.6% |
| Amounts payable | 17/49 | €124,543 | €117,943 | -€6,600 | -5.3% |
| Amounts payable after more than one year | 17 | €17,866 | €34,288 | +€16,422 | +91.9% |
| Financial debts | 170/4 | €17,866 | €34,288 | +€16,422 | +91.9% |
| Amounts payable within one year | 42/48 | €105,427 | €81,459 | -€23,968 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €14,917 | €24,706 | +€9,789 | +65.6% |
| Financial debts | 43 | €46,445 | - | -€46,445 | |
| Credit institutions | 430/8 | €46,445 | - | -€46,445 | |
| Trade debts | 44 | - | €41 | +€41 | |
| Suppliers | 440/4 | - | €41 | +€41 | |
| Taxes, remuneration and social security | 45 | €5,896 | - | -€5,896 | |
| Taxes | 450/3 | €5,896 | - | -€5,896 | |
| Other amounts payable | 47/48 | €38,169 | €56,712 | +€18,543 | +48.6% |
| Accrued charges and deferred income | 492/3 | €1,250 | €2,196 | +€946 | +75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,129 | - | -€3,129 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €112,027 | - | -€112,027 | |
| Other operating charges | 640/8 | €8,666 | €25 | -€8,641 | -99.7% |
| Gross operating margin | 9900 | €17,277 | €3,733 | -€13,544 | -78.4% |
| Operating profit (loss) | 9901 | -€106,545 | €3,708 | +€110,253 | |
| Financial income | 75/76B | €721 | - | -€721 | |
| Recurring financial income | 75 | €721 | - | -€721 | |
| Financial charges | 65/66B | €6,856 | €5,369 | -€1,487 | -21.7% |
| Recurring financial charges | 65 | €6,856 | €5,369 | -€1,487 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | -€112,680 | -€1,661 | +€111,019 | +98.5% |
| Profit (loss) for the period | 9904 | -€112,680 | -€1,661 | +€111,019 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€112,680 | -€1,661 | +€111,019 | +98.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.