Sane-Vantilt: 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.
Sane-Vantilt
Largest movements
- Tangible fixed assets -€136,335
down €136,335 (-22.0%), from €619,172 to €482,838
of which Furniture and vehicles: -€138,947
- Cash -€75,028
down €75,028 (-14.2%), from €527,858 to €452,830
mainly Contributions, distributions and other (-€510,537) and Debts after one year (-€132,665)
- Stocks and contracts +€36,003
up €36,003 (+136.1%), from €26,453 to €62,456
- Reserves -€510,537
down €510,537 (-91.1%), from €560,244 to €49,707
of which Distributable reserves: -€510,537
- Other debts +€510,537
up €510,537 (+229.0%), from €222,943 to €733,480
- Profit (loss) carried forward +€226,048
up €226,048 (+47.6%), from €474,505 to €700,553
- Debts after one year -€132,665
down €132,665 (-46.5%), from €285,482 to €152,818
of which Financial debts: -€132,665
- Advances received -€93,694
down €93,694 (-76.7%), from €122,209 to €28,514
- Gross operating margin -€160,900
down €160,900 (-6.7%), from €2.4m to €2.2m
- Staff costs -€144,592
down €144,592 (-7.8%), from €1.9m to €1.7m
- Depreciation -€25,300
down €25,300 (-13.4%), from €188,235 to €162,935
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 | €2,166,788 | €1,997,234 | -€169,554 | -7.8% |
| Fixed assets | 21/28 | €619,172 | €485,632 | -€133,540 | -21.6% |
| Intangible fixed assets | 21 | €0 | €2,795 | +€2,795 | |
| Tangible fixed assets | 22/27 | €619,172 | €482,838 | -€136,335 | -22.0% |
| Land and buildings | 22 | €101,552 | €48,847 | -€52,705 | -51.9% |
| Plant, machinery and equipment | 23 | €227,261 | €272,553 | +€45,293 | +19.9% |
| Furniture and vehicles | 24 | €290,359 | €151,412 | -€138,947 | -47.9% |
| Other tangible fixed assets | 26 | €0 | €10,025 | +€10,025 | |
| Current assets | 29/58 | €1,547,616 | €1,511,602 | -€36,014 | -2.3% |
| Stocks and contracts in progress | 3 | €26,453 | €62,456 | +€36,003 | +136.1% |
| Stocks | 30/36 | €26,453 | €62,456 | +€36,003 | +136.1% |
| Amounts receivable within one year | 40/41 | €974,516 | €978,577 | +€4,061 | +0.4% |
| Trade receivables | 40 | €43,934 | €47,215 | +€3,281 | +7.5% |
| Other amounts receivable | 41 | €930,583 | €931,363 | +€780 | +0.1% |
| Cash at bank and in hand | 54/58 | €527,858 | €452,830 | -€75,028 | -14.2% |
| Deferred charges and accrued income | 490/1 | €18,788 | €17,738 | -€1,050 | -5.6% |
| Total equity and liabilities | 10/49 | €2,166,788 | €1,997,234 | -€169,554 | -7.8% |
| Equity | 10/15 | €1,053,349 | €768,861 | -€284,488 | -27.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €560,244 | €49,707 | -€510,537 | -91.1% |
| 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 | €558,384 | €47,847 | -€510,537 | -91.4% |
| Profit (loss) carried forward | 14 | €474,505 | €700,553 | +€226,048 | +47.6% |
| Amounts payable | 17/49 | €1,113,439 | €1,228,373 | +€114,934 | +10.3% |
| Amounts payable after more than one year | 17 | €285,482 | €152,818 | -€132,665 | -46.5% |
| Financial debts | 170/4 | €195,482 | €62,818 | -€132,665 | -67.9% |
| Other amounts payable | 178/9 | €90,000 | €90,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €767,069 | €1,075,556 | +€308,487 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €85,664 | €58,016 | -€27,649 | -32.3% |
| Trade debts | 44 | €135,548 | €58,406 | -€77,142 | -56.9% |
| Suppliers | 440/4 | €135,548 | €58,406 | -€77,142 | -56.9% |
| Advances received on contracts in progress | 46 | €122,209 | €28,514 | -€93,694 | -76.7% |
| Taxes, remuneration and social security | 45 | €200,704 | €197,140 | -€3,564 | -1.8% |
| Taxes | 450/3 | €1,103 | €7,399 | +€6,296 | +570.6% |
| Remuneration and social security | 454/9 | €199,601 | €189,740 | -€9,860 | -4.9% |
| Other amounts payable | 47/48 | €222,943 | €733,480 | +€510,537 | +229.0% |
| Accrued charges and deferred income | 492/3 | €60,888 | - | -€60,888 | |
| Non-recurring operating income | 76A | €35,000 | - | -€35,000 | |
| Remuneration, social security and pensions | 62 | €1,860,764 | €1,716,172 | -€144,592 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,235 | €162,935 | -€25,300 | -13.4% |
| Other operating charges | 640/8 | €41,215 | €36,097 | -€5,119 | -12.4% |
| Non-recurring operating charges | 66A | €4,893 | - | -€4,893 | |
| Gross operating margin | 9900 | €2,403,162 | €2,242,262 | -€160,900 | -6.7% |
| Operating profit (loss) | 9901 | €308,055 | €327,059 | +€19,004 | +6.2% |
| Financial income | 75/76B | €6,863 | €1,789 | -€5,074 | -73.9% |
| Recurring financial income | 75 | €6,863 | €1,789 | -€5,074 | -73.9% |
| Financial charges | 65/66B | €19,582 | €12,339 | -€7,243 | -37.0% |
| Recurring financial charges | 65 | €19,582 | €12,339 | -€7,243 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €295,337 | €316,509 | +€21,173 | +7.2% |
| Income taxes | 67/77 | €98,096 | €90,461 | -€7,635 | -7.8% |
| Profit (loss) for the period | 9904 | €197,240 | €226,048 | +€28,808 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €197,240 | €226,048 | +€28,808 | +14.6% |
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.