Sanergy: 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.
Sanergy
Largest movements
- Tangible fixed assets +€17,074
up €17,074 (+176%), from €9,721 to €26,795
of which Furniture and vehicles: +€17,465
- Cash +€10,292
up €10,292 (+27.2%), from €37,867 to €48,159
mainly Net result for the year (+€24,836) and Depreciation (+€8,213)
- Receivables within one year +€4,768
up €4,768 (+34.0%), from €14,040 to €18,808
of which Other amounts receivable: +€16,928
- Profit (loss) carried forward +€24,836
up €24,836 (+56.8%), from €43,689 to €68,525
- Debts after one year +€7,718
new in 2025: €7,718
- Tax, wage and social debts -€4,916
down €4,916 (-44.2%), from €11,125 to €6,209
of which Taxes: -€4,725
- Current portion of long-term debt +€3,843
new in 2025: €3,843
- Trade debts +€980
up €980 (+16.9%), from €5,814 to €6,794
- Staff costs +€11,729
up €11,729 (+86.5%), from €13,566 to €25,295
- Gross operating margin -€5,732
down €5,732 (-7.9%), from €72,361 to €66,630
- Depreciation +€5,025
up €5,025 (+158%), from €3,188 to €8,213
- Taxes -€4,471
down €4,471 (-40.9%), from €10,922 to €6,451
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 | €61,628 | €94,089 | +€32,461 | +52.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,721 | €26,795 | +€17,074 | +176% |
| Tangible fixed assets | 22/27 | €9,721 | €26,795 | +€17,074 | +176% |
| Plant, machinery and equipment | 23 | €1,793 | €1,401 | -€392 | -21.9% |
| Furniture and vehicles | 24 | €7,928 | €25,394 | +€17,465 | +220% |
| Current assets | 29/58 | €51,907 | €67,294 | +€15,387 | +29.6% |
| Amounts receivable within one year | 40/41 | €14,040 | €18,808 | +€4,768 | +34.0% |
| Trade receivables | 40 | €12,160 | - | -€12,160 | |
| Other amounts receivable | 41 | €1,880 | €18,808 | +€16,928 | +900% |
| Cash at bank and in hand | 54/58 | €37,867 | €48,159 | +€10,292 | +27.2% |
| Deferred charges and accrued income | 490/1 | - | €327 | +€327 | |
| Total equity and liabilities | 10/49 | €61,628 | €94,089 | +€32,461 | +52.7% |
| Equity | 10/15 | €44,689 | €69,525 | +€24,836 | +55.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,689 | €68,525 | +€24,836 | +56.8% |
| Amounts payable | 17/49 | €16,939 | €24,564 | +€7,625 | +45.0% |
| Amounts payable after more than one year | 17 | - | €7,718 | +€7,718 | |
| Financial debts | 170/4 | - | €7,718 | +€7,718 | |
| Amounts payable within one year | 42/48 | €16,939 | €16,846 | -€93 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,843 | +€3,843 | |
| Trade debts | 44 | €5,814 | €6,794 | +€980 | +16.9% |
| Suppliers | 440/4 | €5,814 | €6,794 | +€980 | +16.9% |
| Taxes, remuneration and social security | 45 | €11,125 | €6,209 | -€4,916 | -44.2% |
| Taxes | 450/3 | €10,934 | €6,209 | -€4,725 | -43.2% |
| Remuneration and social security | 454/9 | €191 | - | -€191 | |
| Non-recurring operating income | 76A | - | €4,998 | +€4,998 | |
| Remuneration, social security and pensions | 62 | €13,566 | €25,295 | +€11,729 | +86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,188 | €8,213 | +€5,025 | +158% |
| Other operating charges | 640/8 | €739 | €1,193 | +€454 | +61.4% |
| Gross operating margin | 9900 | €72,361 | €66,630 | -€5,732 | -7.9% |
| Operating profit (loss) | 9901 | €54,868 | €31,929 | -€22,939 | -41.8% |
| Financial income | 75/76B | €0 | €59 | +€59 | |
| Recurring financial income | 75 | €0 | €59 | +€59 | |
| Financial charges | 65/66B | €257 | €700 | +€443 | +173% |
| Recurring financial charges | 65 | €257 | €700 | +€443 | +173% |
| Profit (loss) for the period before taxes | 9903 | €54,611 | €31,287 | -€23,324 | -42.7% |
| Income taxes | 67/77 | €10,922 | €6,451 | -€4,471 | -40.9% |
| Profit (loss) for the period | 9904 | €43,689 | €24,836 | -€18,853 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,689 | €24,836 | -€18,853 | -43.2% |
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 19 October 2026 via checked.be.