Sancto: 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.
Sancto
Largest movements
- Financial fixed assets +€200,475
new in 2025: €200,475
- Cash -€23,502
down €23,502 (-58.7%), from €40,042 to €16,539
mainly Investment in fixed assets (net) (-€194,466) and Receivables within one year (-€14,142)
- Receivables within one year +€14,142
up €14,142 (+158.9%), from €8,901 to €23,042
of which Trade receivables: +€14,090
- Tangible fixed assets -€13,004
down €13,004 (-39.0%), from €33,312 to €20,308
of which Furniture and vehicles: -€15,334
- Debts after one year +€134,943
up €134,943 (+2230.4%), from €6,050 to €140,993
- Reserves +€26,105
up €26,105 (+55.3%), from €47,173 to €73,278
- Current portion of long-term debt +€15,906
up €15,906 (+513.0%), from €3,100 to €19,007
- Gross operating margin +€10,074
up €10,074 (+24.3%), from €41,486 to €51,560
- Taxes +€5,577
up €5,577 (+53.7%), from €10,395 to €15,972
- Staff costs -€2,791
no longer reported in 2025 (was €2,791)
- Depreciation -€1,573
down €1,573 (-18.4%), from €8,568 to €6,995
- Financial charges +€670
up €670 (+91.1%), from €735 to €1,405
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 | €83,376 | €261,126 | +€177,749 | +213.2% |
| Fixed assets | 21/28 | €33,312 | €220,783 | +€187,471 | +562.8% |
| Tangible fixed assets | 22/27 | €33,312 | €20,308 | -€13,004 | -39.0% |
| Land and buildings | 22 | €5,154 | €4,056 | -€1,097 | -21.3% |
| Furniture and vehicles | 24 | €28,158 | €12,824 | -€15,334 | -54.5% |
| Other tangible fixed assets | 26 | - | €3,428 | +€3,428 | |
| Financial fixed assets | 28 | - | €200,475 | +€200,475 | |
| Current assets | 29/58 | €50,065 | €40,343 | -€9,721 | -19.4% |
| Amounts receivable within one year | 40/41 | €8,901 | €23,042 | +€14,142 | +158.9% |
| Trade receivables | 40 | €8,692 | €22,782 | +€14,090 | +162.1% |
| Other amounts receivable | 41 | €208 | €260 | +€52 | +25.0% |
| Cash at bank and in hand | 54/58 | €40,042 | €16,539 | -€23,502 | -58.7% |
| Deferred charges and accrued income | 490/1 | €1,122 | €762 | -€361 | -32.1% |
| Total equity and liabilities | 10/49 | €83,376 | €261,126 | +€177,749 | +213.2% |
| Equity | 10/15 | €49,173 | €75,278 | +€26,105 | +53.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €47,173 | €73,278 | +€26,105 | +55.3% |
| Distributable reserves | 133 | €47,173 | €73,278 | +€26,105 | +55.3% |
| Amounts payable | 17/49 | €34,203 | €185,848 | +€151,645 | +443.4% |
| Amounts payable after more than one year | 17 | €6,050 | €140,993 | +€134,943 | +2230.4% |
| Financial debts | 170/4 | €6,050 | €140,993 | +€134,943 | +2230.4% |
| Amounts payable within one year | 42/48 | €27,153 | €43,855 | +€16,702 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | €3,100 | €19,007 | +€15,906 | +513.0% |
| Trade debts | 44 | €2,571 | €2,449 | -€122 | -4.8% |
| Suppliers | 440/4 | €2,571 | €2,449 | -€122 | -4.8% |
| Taxes, remuneration and social security | 45 | €20,559 | €21,971 | +€1,412 | +6.9% |
| Taxes | 450/3 | €18,377 | €19,917 | +€1,541 | +8.4% |
| Remuneration and social security | 454/9 | €2,182 | €2,053 | -€129 | -5.9% |
| Other amounts payable | 47/48 | €923 | €429 | -€494 | -53.5% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €298 | +€298 | |
| Remuneration, social security and pensions | 62 | €2,791 | - | -€2,791 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,568 | €6,995 | -€1,573 | -18.4% |
| Other operating charges | 640/8 | €1,635 | €1,083 | -€552 | -33.8% |
| Gross operating margin | 9900 | €41,486 | €51,560 | +€10,074 | +24.3% |
| Operating profit (loss) | 9901 | €28,492 | €43,482 | +€14,990 | +52.6% |
| Financial charges | 65/66B | €735 | €1,405 | +€670 | +91.1% |
| Recurring financial charges | 65 | €735 | €1,405 | +€670 | +91.1% |
| Profit (loss) for the period before taxes | 9903 | €27,757 | €42,077 | +€14,320 | +51.6% |
| Income taxes | 67/77 | €10,395 | €15,972 | +€5,577 | +53.7% |
| Profit (loss) for the period | 9904 | €17,362 | €26,105 | +€8,743 | +50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,362 | €26,105 | +€8,743 | +50.4% |
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 10 October 2026 via checked.be.