SANEL C.C.: 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.
SANEL C.C.
Largest movements
- Stocks and contracts -€38,871
down €38,871 (-81.4%), from €47,770 to €8,899
- Cash +€6,168
up €6,168 (+104%), from €5,942 to €12,110
mainly Stocks and contracts (+€38,871) and Receivables within one year (+€6,023)
- Receivables within one year -€6,023
down €6,023 (-98.9%), from €6,089 to €66
of which Trade receivables: -€6,063
- Deferred charges and accrued income -€925
no longer reported in 2025 (was €925)
- Profit (loss) carried forward -€17,219
down €17,219, from €2,041 to -€15,178
- Other debts -€16,003
down €16,003 (-69.3%), from €23,076 to €7,073
- Trade debts -€6,620
down €6,620 (-94.3%), from €7,020 to €400
- Turnover -€66,117
no longer reported in 2025 (was €66,117)
- Gross operating margin -€11,218
down €11,218 (-51.2%), from €21,903 to €10,685
- Write-downs +€9,950
new in 2025: €9,950
- Purchases and services +€5,535
up €5,535 (+12.5%), from €44,214 to €49,749
- Staff costs -€3,387
down €3,387 (-16.6%), from €20,424 to €17,037
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.
Derived cash bridge
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 | €60,776 | €21,125 | -€39,651 | -65.2% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €60,726 | €21,075 | -€39,651 | -65.3% |
| Stocks and contracts in progress | 3 | €47,770 | €8,899 | -€38,871 | -81.4% |
| Stocks | 30/36 | €47,770 | €8,899 | -€38,871 | -81.4% |
| Amounts receivable within one year | 40/41 | €6,089 | €66 | -€6,023 | -98.9% |
| Trade receivables | 40 | €6,063 | - | -€6,063 | |
| Other amounts receivable | 41 | €26 | €66 | +€40 | +153% |
| Cash at bank and in hand | 54/58 | €5,942 | €12,110 | +€6,168 | +104% |
| Deferred charges and accrued income | 490/1 | €925 | - | -€925 | |
| Total equity and liabilities | 10/49 | €60,776 | €21,125 | -€39,651 | -65.2% |
| Equity | 10/15 | €22,501 | €5,282 | -€17,219 | -76.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,041 | -€15,178 | -€17,219 | |
| Amounts payable | 17/49 | €38,275 | €15,843 | -€22,432 | -58.6% |
| Amounts payable within one year | 42/48 | €38,275 | €15,843 | -€22,432 | -58.6% |
| Trade debts | 44 | €7,020 | €400 | -€6,620 | -94.3% |
| Suppliers | 440/4 | €7,020 | €400 | -€6,620 | -94.3% |
| Taxes, remuneration and social security | 45 | €8,178 | €8,370 | +€192 | +2.3% |
| Taxes | 450/3 | €2,641 | €5,132 | +€2,491 | +94.3% |
| Remuneration and social security | 454/9 | €5,537 | €3,238 | -€2,300 | -41.5% |
| Other amounts payable | 47/48 | €23,076 | €7,073 | -€16,003 | -69.3% |
| Turnover | 70 | €66,117 | - | -€66,117 | |
| Goods, raw materials, services and sundry goods | 60/61 | €44,214 | €49,749 | +€5,535 | +12.5% |
| Remuneration, social security and pensions | 62 | €20,424 | €17,037 | -€3,387 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166 | - | -€166 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,950 | +€9,950 | |
| Other operating charges | 640/8 | €472 | €766 | +€294 | +62.2% |
| Non-recurring operating charges | 66A | €2,395 | - | -€2,395 | |
| Gross operating margin | 9900 | €21,903 | €10,685 | -€11,218 | -51.2% |
| Operating profit (loss) | 9901 | -€1,553 | -€17,067 | -€15,514 | -999% |
| Financial income | 75/76B | €19 | €20 | +€2 | +8.9% |
| Recurring financial income | 75 | €19 | €20 | +€2 | +8.9% |
| Financial charges | 65/66B | €349 | €55 | -€294 | -84.1% |
| Recurring financial charges | 65 | €349 | €55 | -€294 | -84.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,884 | -€17,102 | -€15,218 | -808% |
| Income taxes | 67/77 | - | €117 | +€117 | |
| Profit (loss) for the period | 9904 | -€1,884 | -€17,219 | -€15,335 | -814% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,884 | -€17,219 | -€15,335 | -814% |
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 31 October 2026 via checked.be.