SANELI: 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.
SANELI
Largest movements
- Financial fixed assets -€75,000
no longer reported in 2025 (was €75,000)
- Intangible fixed assets -€5,000
down €5,000 (-13.8%), from €36,260 to €31,260
- Receivables within one year -€4,214
no longer reported in 2025 (was €4,214)
- Contributions +€90,000
up €90,000 (+66.1%), from €136,200 to €226,200
- Debts after one year -€90,000
no longer reported in 2025 (was €90,000)
- Profit (loss) carried forward -€89,231
down €89,231 (-74.7%), from -€119,433 to -€208,663
- Other debts +€3,719
up €3,719 (+21.9%), from €17,006 to €20,725
- Trade debts +€1,543
up €1,543 (+43.3%), from €3,565 to €5,109
- Other operating charges +€4,957
up €4,957 (+1,163%), from €426 to €5,383
- Gross operating margin +€4,756
up €4,756 (+55.7%), from -€8,540 to -€3,784
- Staff costs -€342
no longer reported in 2025 (was €342)
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 | €129,060 | €45,071 | -€83,989 | -65.1% |
| Fixed assets | 21/28 | €111,260 | €31,260 | -€80,000 | -71.9% |
| Intangible fixed assets | 21 | €36,260 | €31,260 | -€5,000 | -13.8% |
| Financial fixed assets | 28 | €75,000 | - | -€75,000 | |
| Current assets | 29/58 | €17,799 | €13,810 | -€3,989 | -22.4% |
| Stocks and contracts in progress | 3 | €13,500 | €13,500 | = | 0.0% |
| Contracts in progress | 37 | €13,500 | €13,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,214 | - | -€4,214 | |
| Other amounts receivable | 41 | €4,214 | - | -€4,214 | |
| Cash at bank and in hand | 54/58 | €85 | €310 | +€225 | +265% |
| Total equity and liabilities | 10/49 | €129,060 | €45,071 | -€83,989 | -65.1% |
| Equity | 10/15 | €17,267 | €18,037 | +€769 | +4.5% |
| Contributions | 10/11 | €136,200 | €226,200 | +€90,000 | +66.1% |
| Contributions outside capital | 11 | €136,200 | €226,200 | +€90,000 | +66.1% |
| Other | 1109/19 | €136,200 | €226,200 | +€90,000 | +66.1% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Legal reserve | 130 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,433 | -€208,663 | -€89,231 | -74.7% |
| Amounts payable | 17/49 | €111,792 | €27,034 | -€84,758 | -75.8% |
| Amounts payable after more than one year | 17 | €90,000 | - | -€90,000 | |
| Financial debts | 170/4 | €90,000 | - | -€90,000 | |
| Amounts payable within one year | 42/48 | €21,792 | €27,034 | +€5,242 | +24.1% |
| Trade debts | 44 | €3,565 | €5,109 | +€1,543 | +43.3% |
| Suppliers | 440/4 | €3,565 | €5,109 | +€1,543 | +43.3% |
| Advances received on contracts in progress | 46 | €1,200 | €1,200 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €21 | - | -€21 | |
| Taxes | 450/3 | €21 | - | -€21 | |
| Other amounts payable | 47/48 | €17,006 | €20,725 | +€3,719 | +21.9% |
| Non-recurring operating income | 76A | - | €16 | +€16 | |
| Remuneration, social security and pensions | 62 | €342 | - | -€342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | €5,000 | = | 0.0% |
| Other operating charges | 640/8 | €426 | €5,383 | +€4,957 | +1,163% |
| Gross operating margin | 9900 | -€8,540 | -€3,784 | +€4,756 | +55.7% |
| Operating profit (loss) | 9901 | -€14,308 | -€14,167 | +€141 | +1.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €75,073 | €75,064 | -€9 | 0.0% |
| Recurring financial charges | 65 | €73 | €64 | -€9 | -12.5% |
| Non-recurring financial charges | 66B | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€89,380 | -€89,231 | +€150 | +0.2% |
| Profit (loss) for the period | 9904 | -€89,380 | -€89,231 | +€150 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,380 | -€89,231 | +€150 | +0.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.