SANELBOUW: 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.
SANELBOUW
Largest movements
- Receivables within one year -€68,460
down €68,460 (-56.1%), from €121,995 to €53,534
of which Trade receivables: -€45,870
- Cash -€18,289
down €18,289 (-11.9%), from €153,498 to €135,210
mainly Other debts (-€70,823) and Trade debts (-€14,805)
- Other debts -€70,823
down €70,823 (-34.4%), from €205,598 to €134,775
- Trade debts -€14,805
down €14,805 (-80.9%), from €18,290 to €3,485
- Gross operating margin -€6,969
down €6,969 (-74.2%), from €9,394 to €2,424
- Other operating charges -€2,798
down €2,798 (-83.1%), from €3,368 to €570
- Taxes -€1,266
down €1,266 (-69.2%), from €1,829 to €563
- Financial charges -€334
down €334 (-27.4%), from €1,218 to €884
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 | €321,406 | €236,056 | -€85,350 | -26.6% |
| Current assets | 29/58 | €321,406 | €236,056 | -€85,350 | -26.6% |
| Stocks and contracts in progress | 3 | €45,914 | €47,312 | +€1,399 | +3.0% |
| Stocks | 30/36 | €45,914 | €47,312 | +€1,399 | +3.0% |
| Amounts receivable within one year | 40/41 | €121,995 | €53,534 | -€68,460 | -56.1% |
| Trade receivables | 40 | €84,965 | €39,095 | -€45,870 | -54.0% |
| Other amounts receivable | 41 | €37,029 | €14,439 | -€22,590 | -61.0% |
| Cash at bank and in hand | 54/58 | €153,498 | €135,210 | -€18,289 | -11.9% |
| Total equity and liabilities | 10/49 | €321,406 | €236,056 | -€85,350 | -26.6% |
| Equity | 10/15 | €95,689 | €96,096 | +€407 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,790 | €70,197 | +€407 | +0.6% |
| 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 | €67,930 | €68,337 | +€407 | +0.6% |
| Profit (loss) carried forward | 14 | €7,299 | €7,299 | = | 0.0% |
| Amounts payable | 17/49 | €225,717 | €139,960 | -€85,757 | -38.0% |
| Amounts payable within one year | 42/48 | €225,717 | €139,960 | -€85,757 | -38.0% |
| Trade debts | 44 | €18,290 | €3,485 | -€14,805 | -80.9% |
| Suppliers | 440/4 | €18,290 | €3,485 | -€14,805 | -80.9% |
| Taxes, remuneration and social security | 45 | €1,829 | €1,700 | -€129 | -7.1% |
| Taxes | 450/3 | €1,829 | €1,700 | -€129 | -7.1% |
| Other amounts payable | 47/48 | €205,598 | €134,775 | -€70,823 | -34.4% |
| Other operating charges | 640/8 | €3,368 | €570 | -€2,798 | -83.1% |
| Gross operating margin | 9900 | €9,394 | €2,424 | -€6,969 | -74.2% |
| Operating profit (loss) | 9901 | €6,025 | €1,854 | -€4,171 | -69.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,218 | €884 | -€334 | -27.4% |
| Recurring financial charges | 65 | €1,218 | €884 | -€334 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €4,808 | €970 | -€3,838 | -79.8% |
| Income taxes | 67/77 | €1,829 | €563 | -€1,266 | -69.2% |
| Profit (loss) for the period | 9904 | €2,979 | €407 | -€2,572 | -86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,979 | €407 | -€2,572 | -86.3% |
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 1 November 2026 via checked.be.