SANÉ: 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.
SANÉ
Largest movements
- Receivables within one year -€71,072
down €71,072 (-69.4%), from €102,377 to €31,305
of which Trade receivables: -€87,987
- Tangible fixed assets +€20,727
up €20,727 (+121.2%), from €17,101 to €37,828
of which Furniture and vehicles: +€21,281
- Cash +€9,354
up €9,354 (+720.3%), from €1,299 to €10,652
mainly Receivables within one year (+€71,072) and Debts after one year (+€24,566)
- Profit (loss) carried forward -€48,671
down €48,671 (-469.4%), from -€10,370 to -€59,041
- Debts after one year +€24,566
up €24,566 (+27.3%), from €90,000 to €114,566
of which Financial debts: +€24,566
- Short-term financial debts -€7,843
no longer reported in 2025 (was €7,843)
- Other debts -€7,046
down €7,046 (-96.7%), from €7,285 to €239
- Trade debts -€3,549
down €3,549 (-25.0%), from €14,212 to €10,663
- Gross operating margin +€12,618
up €12,618 (+83.3%), from €15,146 to €27,764
- Depreciation +€627
up €627 (+5.4%), from €11,611 to €12,238
- Other operating charges +€323
up €323 (+99.4%), from €325 to €648
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 | €121,134 | €80,142 | -€40,992 | -33.8% |
| Fixed assets | 21/28 | €17,101 | €37,828 | +€20,727 | +121.2% |
| Tangible fixed assets | 22/27 | €17,101 | €37,828 | +€20,727 | +121.2% |
| Plant, machinery and equipment | 23 | €1,623 | €1,069 | -€554 | -34.1% |
| Furniture and vehicles | 24 | €15,478 | €36,759 | +€21,281 | +137.5% |
| Current assets | 29/58 | €104,033 | €42,315 | -€61,719 | -59.3% |
| Amounts receivable within one year | 40/41 | €102,377 | €31,305 | -€71,072 | -69.4% |
| Trade receivables | 40 | €102,377 | €14,389 | -€87,987 | -85.9% |
| Other amounts receivable | 41 | - | €16,915 | +€16,915 | |
| Cash at bank and in hand | 54/58 | €1,299 | €10,652 | +€9,354 | +720.3% |
| Deferred charges and accrued income | 490/1 | €358 | €358 | = | 0.0% |
| Total equity and liabilities | 10/49 | €121,134 | €80,142 | -€40,992 | -33.8% |
| Equity | 10/15 | -€3,898 | -€52,569 | -€48,671 | -1248.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €272 | €272 | = | 0.0% |
| Tax-exempt reserves | 132 | €272 | €272 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,370 | -€59,041 | -€48,671 | -469.4% |
| Amounts payable | 17/49 | €125,032 | €132,711 | +€7,680 | +6.1% |
| Amounts payable after more than one year | 17 | €90,000 | €114,566 | +€24,566 | +27.3% |
| Financial debts | 170/4 | - | €24,566 | +€24,566 | |
| Other amounts payable | 178/9 | €90,000 | €90,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,032 | €18,145 | -€16,887 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €5,038 | €6,018 | +€980 | +19.4% |
| Financial debts | 43 | €7,843 | - | -€7,843 | |
| Credit institutions | 430/8 | €7,843 | - | -€7,843 | |
| Trade debts | 44 | €14,212 | €10,663 | -€3,549 | -25.0% |
| Suppliers | 440/4 | €14,212 | €10,663 | -€3,549 | -25.0% |
| Taxes, remuneration and social security | 45 | €654 | €1,224 | +€571 | +87.3% |
| Taxes | 450/3 | €654 | €1,224 | +€571 | +87.3% |
| Other amounts payable | 47/48 | €7,285 | €239 | -€7,046 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,611 | €12,238 | +€627 | +5.4% |
| Other operating charges | 640/8 | €325 | €648 | +€323 | +99.4% |
| Non-recurring operating charges | 66A | - | €61,451 | +€61,451 | |
| Gross operating margin | 9900 | €15,146 | €27,764 | +€12,618 | +83.3% |
| Operating profit (loss) | 9901 | €3,211 | -€46,572 | -€49,783 | |
| Financial income | 75/76B | €2 | €11 | +€9 | +361.2% |
| Recurring financial income | 75 | €2 | €11 | +€9 | +361.2% |
| Financial charges | 65/66B | €1,020 | €883 | -€137 | -13.4% |
| Recurring financial charges | 65 | €1,020 | €883 | -€137 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €2,194 | -€47,443 | -€49,637 | |
| Income taxes | 67/77 | €1,071 | €1,228 | +€156 | +14.6% |
| Profit (loss) for the period | 9904 | €1,122 | -€48,671 | -€49,794 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,122 | -€48,671 | -€49,794 |
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 7 October 2026 via checked.be.